$140,000
SOLD JAN 12, 2022

375 Sherman St Akron, OH 44311

Downtown Akron Neighborhood
5 Beds
4 Baths
1,782 Sq Ft
4,365 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

3% Below List Price

6 Days on Market

About This Home

As of January 2022

Great investment property! Current leases bring in $1975 a month in rent. Located centrally to the University and Downtown Akron. Do not miss out on this opportunity to own a fantastic income property! 5-year home warranty still offered on home. Call TODAY to schedule your tour.

Last Agent to Sell the Property

Kristin Berthiaume

Keller Williams Chervenic Rlty License #2014004138 Listed on: 12/03/2021

Keller Williams Chervenic Rlty

Last Buyer's Agent

Adam Zimmerman

Engel & Völkers Distinct License #2019002296

Engel & Völkers Distinct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1894

Lot Details

  • 4,365 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric
  • The owner pays for gas, sewer, trash collection, water
  • Assessor Parcel Number 6745836

Community Details

Overview

  • 2 Units
  • Schoenlingers Add Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1894
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1894

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass, Pitched

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Schoenlingers Add

Schools

  • School District: Akron CSD
  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1002
  • Parcel Number: 6745836

Rental Info

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

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 29, 2022
Sold by
Newscope 4 Llc
Bought by
Newscope 4 Llc
Seller's Agent
Kristin Berthiaume
Keller Williams Chervenic Rlty
Buyer's Agent
Adam Zimmerman
Engel & Völkers Distinct
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%
Current Estimated Value
$129,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,040
Avg. Annual Appreciation
0.68%

Purchase Details

Closed on
Jan 11, 2021
Sold by
Front Range Properties Llc
Bought by
Mckeen Anthony P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 31, 2019
Sold by
Frank Chad and Frank Eva
Bought by
Front Range Properties Llc

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 21, 2018
Sold by
Akron Campus Housing Llc
Bought by
Frank Chad and Frank Eva
Seller's Agent
Mike Malone
Deleted Agent
Buyer's Agent
Justin Berthiaume
Keller Williams Chervenic Rlty
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%
Original Mortgage
$93,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Weaver Richard
Bought by
Akron Campus Housing Llc

Purchase Details

Closed on
Aug 9, 2005
Sold by
Koerner Frederick P
Bought by
Weaver Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2001
Sold by
Manolis Steve C and Manolis Olympia
Bought by
Koerner Frederick P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $140,000 Kingdom Title
Quit Claim Deed -- None Available
Warranty Deed $125,000 None Available
Sheriffs Deed $42,000 None Available
Warranty Deed $95,000 Buckeye Reserve Title Agency
Warranty Deed $30,100 Buckeye Reserve Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 Future Advance Clause Open End Mortgage
Previous Owner $93,750 New Conventional
Previous Owner $108,090 Future Advance Clause Open End Mortgage
Previous Owner $76,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $140,000 -3.4% $79 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $144,900 +15.9% $81 / Sq Ft
11/26/2018 11/26/18 Sold $125,000 0.0% $70 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $125,000 -- $70 / 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 $2,218 $38,913 $6,020 $32,893
2024 $2,218 $38,913 $6,020 $32,893
2023 $2,218 $38,913 $6,020 $32,893
2022 $1,895 $25,771 $3,987 $21,784
2021 $1,852 $25,085 $3,987 $21,098
2020 $1,826 $25,090 $3,990 $21,100
2019 $1,702 $21,080 $3,990 $17,090
2018 $1,681 $21,080 $3,990 $17,090
2017 $1,572 $21,080 $3,990 $17,090
2016 $1,573 $18,110 $3,990 $14,120
2015 $1,572 $18,110 $3,990 $14,120
2014 $1,561 $18,110 $3,990 $14,120
2013 $1,591 $18,210 $3,990 $14,220
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kristin Berthiaume

    Keller Williams Chervenic Rlty

    (330) 212-5485

    3 in this area

    415 Total Sales

    Kristin Berthiaume
    Section Image

  • A

    Buyer's Agent in 2022

    Adam Zimmerman

    Engel & Völkers Distinct

    (216) 513-2728

    3 in this area

    154 Total Sales

    Adam Zimmerman
    Section Image

  • M

    Seller's Agent in 2018

    Mike Malone

    Deleted Agent

    Section Image
  • Justin Berthiaume

    Buyer's Agent in 2018

    Justin Berthiaume

    Keller Williams Chervenic Rlty

    (330) 212-6034

    32 Total Sales

    Justin Berthiaume
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4336690

MLS Now

APN: 67-45836

Ohio Summit County Akron 44304 Downtown Akron

375 Sherman St, Akron, OH

This home is located at 375 Sherman St, Akron, OH 44311 and is currently priced at $140,000, approximately $78 per square foot. This property was built in 1894. 375 Sherman St is a home located in Summit County with nearby schools including North High School, Edge Academy, The, and Case Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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