NOT LISTED FOR SALE

353 Vaughn Trail Unit 357 Akron, OH 44319

Estimated Value: $389,000 - $602,000

13 Beds
12 Baths
5,004 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $765,300 $153 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $3,130/month

7 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Community Pool
  • 0.72 Acre Lot
  • Community Lake
  • 7 Car Attached Garage

About This Home

As of July 2023

Once in a lifetime RARE find!! Long Lake Lakefront on two parcels with two triplexes totalling .72 acres with inground swimming pool between the units. Also see M.L.S.# 4457761 for more info: Five units have two bedrooms (14x11 and 12x10), one and a half baths, kitchen (14x13), living room (15x12), rec room (16x16) and laundry (15x9) with one car attached garages (18x11) and balcony . The sixth unit is an owner end unit with 3 bedrooms (20x15, 14x11 & 12x11), living room (27x15) with full wall brick fireplace, one and a half baths, kitchen (13x11), family room (19x15), huge two car garage (27x26) with balcony and fenced in patio area facing Long Lake. Boat dock available for tenants. All information above reflects both buildings. Operating expenses above include taxes, insurance, sewer, trash, salt for softener and pool maintenance. All tenants pay electric, gas, cable all separately metered. Tons of parking with paved drives and additional front parking. 25,000 gallon pool was painted 2022. Three of the 6 central air units newer. Six refrigerators, stoves and dishwashers convey. Owners unit has 150 amp breaker. See supplements for financials and current rents of each unit. Some long term tenants with one over 10 years. Long Lake is over 225 acres with excellent fishing and no wake. 225 foot of lake frontage! Go fishing and let the tenants pay for your retirement!

Last Agent to Sell the Property

John Scaglione

Coldwell Banker Schmidt Realty License #405446 Listed on: 05/10/2023

Coldwell Banker Schmidt Realty

Last Buyer's Agent

John Scaglione

Coldwell Banker Schmidt Realty License #405446 Listed on: 05/10/2023

Coldwell Banker Schmidt Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,207

Year Built

  • Built in 1973

Lot Details

  • 0.72 Acre Lot
  • Lake Front
  • Southwest Facing Home
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 7 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 5,004 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 13 Bedrooms

Outdoor Features

  • Mooring
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Water Softener

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 1908945

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Coventry 12 Community
  • Community Lake

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,207

Year Built

Built in 1973

Lot Details

0

Parking

7

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: Southwest
  • Price Per Square Foot: 152.94
  • Estimated Price per Sq Ft: 152.94
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 5004
  • Year Built: 1973
  • Court Ordered Y N: No
  • Geocode Confidence: Medium
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator, Water Softener
  • Total Bedrooms: 13
  • Total Bathrooms: 12.00
  • Full Bathrooms: 6
  • Half Bathrooms: 6
  • Laundry: 6
  • Sq Ft Approx Above Grade Finished: 5004.00
  • Sq Ft Approx Total Finished: 5004.00

Exterior Features

  • View: Water View
  • Exterior: Brick, Stone, Vinyl
  • Fences: Chain Link, Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 7

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Well, Public Sewer

Association/Amenities

  • Amenities: Lake, Pool

Condo/Co-op/Association

  • Subdivision Complex: Coventry 12

Fee Information

  • Op Expenses: 22770.00

Schools

  • School District: Coventry LSD

Lot Info

  • Additional Assessor Parcel Number 1: 1908946
  • Lot Description: Dock/Mooring, Lake Front, Lake Privileges/Acce, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.7233
  • Parcel Number: 1908945

Rental Info

  • Owner Pays: Sewer, Trash Collection
  • Tenant Pays: Cable/Electric Link, Electric, Gas

Multi Family

  • Unit Count: 3
  • Gross Income: 81060.00
  • Net Income: 58290.00
  • Num Of Buildings: 2
  • Number of Units: 6
  • Percent Units Occupied: 100

Tax Info

  • Tax: 14207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 24, 2023
Sold by
Mirka Management Llc
Bought by
Arellano Edgar I and Arellano Emily J
Seller's Agent
John Scaglione
Coldwell Banker Schmidt Realty
Buyer's Agent
John Scaglione
Coldwell Banker Schmidt Realty
List Price
$775,000
Sold Price
$765,300
Premium/Discount to List
-$9,700
-1.25%
Views
121
Current Estimated Value
$463,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$301,634
Avg. Annual Appreciation
-18.99%
Original Mortgage
$250,600
Outstanding Balance
$244,533
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$219,133

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 20, 2023
Sold by
Mirka Management Llc
Bought by
Arellano Edgar I and Arellano Emily J
Seller's Agent
John Scaglione
Coldwell Banker Schmidt Realty
Buyer's Agent
John Scaglione
Coldwell Banker Schmidt Realty
List Price
$775,000
Sold Price
$765,300
Premium/Discount to List
-$9,700
-1.25%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,600
Outstanding Balance
$244,533
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$219,133

Purchase Details

Closed on
Mar 12, 2001
Sold by
Croley Craig Alan and Croley Joanna Lee
Bought by
Mirka Jeffrey M and Mirka Tammi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arellano Edgar I $358,000 Chicago Title
Arellano Edgar I $358,000 Chicago Title
Mirka Jeffrey M $185,000 Midland Commerce Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Edgar I $250,600
Closed Arellano Edgar I $250,600
Previous Owner Mirka Jeffrey M $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $765,300 -1.3% $153 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $775,000 -- $155 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,324 $126,000 $22,764 $103,236
2024 $8,324 $140,039 $22,764 $117,275
2023 $8,324 $138,754 $22,764 $115,990
2022 $6,236 $86,913 $14,228 $72,685
2021 $5,887 $86,913 $14,228 $72,685
2020 $5,718 $86,920 $14,230 $72,690
2019 $6,068 $83,930 $14,190 $69,740
2018 $6,013 $83,930 $14,190 $69,740
2017 $5,451 $83,930 $14,190 $69,740
2016 $5,437 $74,900 $14,190 $60,710
2015 $5,451 $74,900 $14,190 $60,710
2014 $5,306 $74,900 $14,190 $60,710
2013 $4,955 $70,890 $14,190 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4457697

MLS Now

APN: 19-08945