NOT LISTED FOR SALE

3872 Cottage Grove Rd Akron, OH 44319

Estimated Value: $313,000 - $361,000

6 Beds
6 Baths
3,360 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $315,000 $94 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,220/month

30 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Green Intermediate Elementary School Rated A-
  • 3 Car Garage

About This Home

As of February 2024

Situated on 1 acre, this triplex has three units! Each unit boasts 2 bedrooms and 1.5 baths and washer and dryer hook-ups in laundry room. Close to Interstate 77 and shopping. Some units have new flooring and updated paint. Great investment opportunity. Proof of Funds must be submitted before Showing. Listing Agent will be present at Showings.

Last Agent to Sell the Property

John Dragoiu

Pathway Real Estate Brokerage Email: (330) 352-6750 anna@pathwayoh.com License #2007003747 Listed on: 11/15/2023

Pathway Real Estate

Last Buyer's Agent

Katie Middendorf

Century 21 Carolyn Riley RL. Est. Srvcs, Inc. License #2018005276

Century 21 Carolyn Riley RL. Est. Srvcs, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,261

Year Built

  • Built in 1968

Lot Details

  • 1.11

Parking

  • 3 Car Garage
  • Shared Driveway

Home Design

  • 3,360 Sq Ft Home
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic Tank

Additional Features

  • Laundry in unit
  • 1.11 Acre Lot
  • Finished Basement

Community Details

  • 3 Units
  • Wampetek Village Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 2801036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,261

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1968
  • Attribution Contact: (330) 352-6750 anna@pathwayoh.com
  • Subdivision Name: Wampetek Village
  • Above Grade Finished Sq Ft: 3360.0
  • Garage Yn: Yes
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 1.11
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Shared Driveway

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Well

Schools

  • Junior High Dist: Green LSD (Summit)- 7707

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 2801036
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4261.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 22, 2024
Sold by
Cottage Grove Properties Llc
Bought by
Raut Amol V
Seller's Agent
John Dragoiu
Pathway Real Estate
Buyer's Agent
Katie Middendorf
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Views
35
Current Estimated Value
$342,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,879
Avg. Annual Appreciation
5.18%
Original Mortgage
$315,000
Outstanding Balance
$309,485
Interest Rate
6.66%
Mortgage Type
Construction
Estimated Equity
$33,394

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 31, 2024
Sold by
Cottage Grove Properties Llc
Bought by
Raut Amol V
Seller's Agent
John Dragoiu
Pathway Real Estate
Buyer's Agent
Katie Middendorf
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$309,485
Interest Rate
6.66%
Mortgage Type
Construction
Estimated Equity
$33,394

Purchase Details

Closed on
Jun 24, 2021
Sold by
Clark Michael J and Clark Tenelle M
Bought by
Cottage Grove Propertis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2021
Sold by
Clifton Brothers Properties Llc
Bought by
Clark Michael J and Clark Tenelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2018
Sold by
Whitfield Rommel and Whitfield Kathryn
Bought by
Clifton Brothers Properties Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2009
Sold by
Denzinger Tony R and Denzinger Patricia A
Bought by
Whitfield Rommel and Whitfield Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Raut Amol V $315,000 None Listed On Document
Raut Amol V $315,000 None Listed On Document
Cottage Grove Propertis Llc -- None Available
Clark Michael J $200,000 None Available
Clifton Brothers Properties Lc $700,000 Millenmey Title Agency Inc
Whitfield Rommel $740,000 Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raut Amol V $315,000
Closed Raut Amol V $315,000
Previous Owner Clark Michael J $150,000
Previous Owner Clifton Brothers Properties Lc $560,000
Previous Owner Whitfield Rommel $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $315,000 -4.5% $94 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $330,000 -- $98 / 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 $5,062 $104,990 $15,582 $89,408
2024 $5,062 $104,990 $15,582 $89,408
2023 $5,062 $104,990 $15,582 $89,408
2022 $4,261 $79,538 $11,806 $67,732
2021 $4,002 $79,538 $11,806 $67,732
2020 $3,926 $79,540 $11,810 $67,730
2019 $2,838 $53,790 $16,990 $36,800
2018 $2,903 $53,790 $16,990 $36,800
2017 $3,127 $53,790 $16,990 $36,800
2016 $3,083 $53,790 $16,990 $36,800
2015 $3,127 $53,790 $16,990 $36,800
2014 $3,106 $53,790 $16,990 $36,800
2013 $3,123 $53,790 $16,990 $36,800
Source: Public Records

Agents Affiliated with this Home

  • John Dragoiu

    Seller's Agent in 2024

    John Dragoiu

    RE/MAX

    (330) 904-1679

    57 Total Sales

    John Dragoiu
    Section Image
  • Katie Middendorf

    Buyer's Agent in 2024

    Katie Middendorf

    Century 21 Carolyn Riley RL. Est. Srvcs, Inc.

    (330) 697-5411

    177 Total Sales

    Katie Middendorf
    Section Image
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Map

Source: MLS Now

MLS Number: 4504527

MLS Now

APN: 28-01635

Ohio Summit County Akron 44319

3872 Cottage Grove Rd, Akron, OH

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