NOT LISTED FOR SALE

Estimated Value: $194,000 - $216,000

5 Beds
2 Baths
2,176 Sq Ft
$95/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $105,000 $48 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,339/month

12 Days on Market

About This Home

As of April 2021

388 & 390 E Lake Ave Barberton-Wanting to add some passive income to your portfolio? Both units occupied and have separate utilities. Lower level has 3 bedrooms and 2 full baths rents for $650 and upper unit has 2 bedrooms and 1 bath and rents for 400. Downstairs tenant has been there 7 years+. Each unit has its own laundry area. Call to see 388 & 390 E Lake Ave Barberton today!

Last Agent to Sell the Property

Sandy Chrisant

Keller Williams Chervenic Rlty License #2002005111 Listed on: 03/12/2021

Keller Williams Chervenic Rlty

Last Buyer's Agent

Tatyana Krilova

Howard Hanna License #2005005301

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,618

Year Built

  • Built in 1958

Lot Details

  • 6,499 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • East Barberton Land Co Allotme Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 0111600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,618

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 48.25
  • Estimated Price per Sq Ft: 48.25
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2176
  • Year Built: 1958
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 2176.00
  • Sq Ft Approx Total Finished: 2176.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: East Barberton Land Co Allotme

Schools

  • School District: Barberton CSD
  • School District: Barberton CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1492
  • Parcel Number: 0111600

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Gross Income: 12600.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Larkin Sergey and Larkin Lyudmila
Bought by
Hray Parker Dennis
Current Estimated Value
$205,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Outstanding Balance
$202,280
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$16,037

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 14, 2021
Sold by
Summit Buckey Rentals Llc
Bought by
Larkin Sergey and Larkin Lyudmila
Seller's Agent
Sandy Chrisant
Keller Williams Chervenic Rlty
Buyer's Agent
Tatyana Krilova
Howard Hanna
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.14%

Purchase Details

Closed on
Aug 23, 2018
Sold by
Michaels Rental Properties Llc
Bought by
Summit Buckeye Rentals Llc

Purchase Details

Closed on
Aug 23, 2013
Sold by
Michaels Rental Properties Llc
Bought by
Summit Buckeye Rentals Llc

Purchase Details

Closed on
Feb 16, 2011
Sold by
First Merit Mortgage Corporation
Bought by
Michaels Rental Properties Llc

Purchase Details

Closed on
Sep 22, 2010
Sold by
Lujan Peggy J
Bought by
First Merit Mortgage Corporation

Purchase Details

Closed on
Oct 30, 1997
Sold by
Gotto Andrew J
Bought by
Lujan John C and Lujan Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
7.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1995
Sold by
Bozak Brett K
Bought by
Gotto Andrew J and Gotto Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
7.64%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Hray Parker Dennis $210,000 First American Title
Larkin Sergey $105,000 None Available
Summit Buckeye Rentals Llc -- C&J Title Box
Summit Buckeye Rentals Llc -- None Available
Michaels Rental Properties Llc $30,500 Quality Title Agency
First Merit Mortgage Corporation $70,000 Attorney
Lujan John C $86,000 --
Gotto Andrew J $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hray Parker Dennis $206,196
Previous Owner Lujan John C $77,400
Previous Owner Gotto Andrew J $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $105,000 -4.5% $48 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $109,900 0.0% $51 / Sq Ft
05/18/2018 05/18/18 Rented $525 0.0% --
05/10/2018 05/10/18 Under Contract -- -- --
04/19/2018 04/19/18 Price Changed $525 -4.5% --
04/18/2018 04/18/18 Price Changed $550 -4.3% --
03/22/2018 03/22/18 For Rent $575 -- --
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 $2,303 $48,647 $8,180 $40,467
2024 $2,303 $48,647 $8,180 $40,467
2023 $2,303 $44,857 $8,180 $36,677
2022 $1,981 $33,474 $6,104 $27,370
2021 $1,943 $32,862 $6,104 $26,758
2020 $1,902 $32,860 $6,100 $26,760
2019 $1,620 $25,340 $6,100 $19,240
2018 $1,596 $25,340 $6,100 $19,240
2017 $1,616 $25,340 $6,100 $19,240
2016 $1,620 $25,340 $6,100 $19,240
2015 $1,616 $25,340 $6,100 $19,240
2014 $1,608 $25,340 $6,100 $19,240
2013 $1,553 $25,370 $6,100 $19,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4260548

MLS Now

APN: 01-11600