NOT LISTED FOR SALE

395 Gibbs Rd Unit 397 Akron, OH 44312

Ellet Neighborhood

Estimated Value: $167,000 - $179,207

4 Beds
2 Baths
1,525 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $165,000 $108 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,164/month

5 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2022

Welcome to this 4 bedroom, 2 bath, side by side all brick duplex in the Heart of Ellet. Each unit consists of a nicely sized kitchen with stainless steel appliances, living room, two ample sized bedrooms and a full bath. There is newer carpet and hardwood floors throughout. Each unit also has a private waterproofed basement with sump pumps & washer/dryer hookup with utility sink. Owner pays water/sewer/trash and tenants pay all other utilities. Don't forget about the 1 car attached garage for each unit. Call today to schedule a showing and add this one to your portfolio!

Last Agent to Sell the Property

Nikki Fanizzi

RE/MAX Trends Realty License #2003021302 Listed on: 06/24/2022

RE/MAX Trends Realty

Last Buyer's Agent

Nikki Fanizzi

RE/MAX Trends Realty License #2003021302 Listed on: 06/24/2022

RE/MAX Trends Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,697

Year Built

  • Built in 1961

Lot Details

  • 5,201 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Community Details

  • 2 Units
  • East Market Acres Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6746293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,697

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 108.20
  • Estimated Price per Sq Ft: 108.20
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1525
  • Year Built: 1961
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator, Sump Pump
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1525.00
  • Sq Ft Approx Total Finished: 1525.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: East Market Acres

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1194
  • Parcel Number: 6746293

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 1700.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 8, 2022
Sold by
Amawi Mohammad K
Bought by
Cuyahoga Valley Holdings Llc
Seller's Agent
Nikki Fanizzi
RE/MAX Trends Realty
Buyer's Agent
Nikki Fanizzi
RE/MAX Trends Realty
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$172,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,552
Avg. Annual Appreciation
1.43%
Original Mortgage
$123,750
Outstanding Balance
$118,588
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$53,964

Purchase Details

Closed on
May 11, 2018
Sold by
Bailey Bruce A and Bailey William A
Bought by
Amawi Mohammed K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2009
Sold by
Wells Charles D and Wells Mary L
Bought by
Bailey Bruce A and Bailey William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,039
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2001
Sold by
Jouriles Viola
Bought by
Wells Charles D and Wells Mary L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cuyahoga Valley Holdings Llc $165,000 Dixon Robyn R
Amawi Mohammed K $105,000 First Security Title Corp
Bailey Bruce A $106,000 American Certified Title
Wells Charles D $51,700 Resource Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuyahoga Valley Holdings Llc $123,750
Previous Owner Amawi Mohammed K $78,750
Previous Owner Bailey Bruce A $104,039
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $165,000 0.0% $108 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $165,000 -- $108 / 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 $2,954 $53,929 $9,230 $44,699
2024 $2,954 $53,929 $9,230 $44,699
2023 $2,954 $53,929 $9,230 $44,699
2022 $2,791 $39,946 $6,836 $33,110
2021 $2,738 $39,946 $6,836 $33,110
2020 $2,697 $39,950 $6,840 $33,110
2019 $2,651 $35,660 $6,490 $29,170
2018 $2,575 $35,660 $6,490 $29,170
2017 $2,840 $35,660 $6,490 $29,170
2016 $2,842 $37,950 $6,490 $31,460
2015 $2,840 $37,950 $6,490 $31,460
2014 $2,818 $37,950 $6,490 $31,460
2013 $2,546 $34,870 $6,490 $28,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4385548

MLS Now

APN: 67-46293