NOT LISTED FOR SALE

395 Gibbs Rd Unit 397 Akron, OH 44312

Ellet Neighborhood

Estimated Value: $149,925 - $189,000

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. 4% increase in value since last sale

Current estimated payment $1,201/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 Listed By

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
Total Days on Market
5
Current Estimated Value
$172,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,231
Avg. Annual Appreciation
1.55%
Original Mortgage
$123,750
Outstanding Balance
$119,340
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$52,891

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

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
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 Change Sq Ft Price
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

  • Nikki Fanizzi

    Seller's Agent in 2022

    Nikki Fanizzi

    RE/MAX

    (330) 807-7005

    38 in this area

    414 Total Sales

    Nikki Fanizzi
    Section Image
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Map

Source: MLS Now

MLS Number: 4385548

MLS Now

APN: 67-46293

Ohio Summit County Akron 44312 Ellet

395 Gibbs Rd Unit 397, Akron, OH

Homes for Sale in Akron, OH

This home is located at 395 Gibbs Rd Unit 397, Akron, OH 44312 since 24 June 2022 and is currently estimated at $172,231, approximately $112 per square foot. This property was built in 1961. 395 Gibbs Rd Unit 397 is a home located in Summit County with nearby schools including Ellet High School, Summit Academy Akron Elementary School, and Akron Preparatory school.

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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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