NOT LISTED FOR SALE

412 & 416 Milnar Ave Akron, OH 44319

Estimated Value: $275,000 - $329,000

6 Beds
3 Baths
1,848 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $92,000 $50 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $1,975/month

126 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • 1-Story Property
  • Green Intermediate Elementary School Rated A-

About This Home

As of May 2018

Perfect investment opportunity in this multi-unit home. Home features three units, all with own private entrances. One unit has three bedrooms, one has two and the lower level unit has 1, possibly 2. Live in one and rent the others! Property sold as is.

Last Agent to Sell the Property

Steve Burgess

Cutler Real Estate License #2003001789 Listed on: 12/19/2017

Cutler Real Estate

Last Buyer's Agent

Mark Burnette

Deleted Agent License #2014000596

Deleted Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1966

Lot Details

  • 5,001 Sq Ft Lot
  • Unpaved Streets

Parking

  • 1 Car Garage

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • 3 Units
  • Wonder Lake Estates Community

Listing and Financial Details

  • Assessor Parcel Number 2801138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,078

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 49.78
  • Estimated Price per Sq Ft: 49.78
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1848
  • Year Built: 1966
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1848.00
  • Sq Ft Approx Total Finished: 1848.00

Garage/Parking

  • Driveway: Unpaved
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Electric, Gas
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Wonder Lake Estates

Schools

  • School District: Green LSD
  • School District: Green LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1148
  • Parcel Number: 2801138

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 3

Tax Info

  • Tax: 2078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2017
Closed on
May 9, 2018
Sold by
The Bank Of New York Mellon
Bought by
Meighen Jessica E and Meighen Jeffrey R
Seller's Agent
Steve Burgess
Cutler Real Estate
Buyer's Agent
Mark Burnette
Deleted Agent
List Price
$119,900
Sold Price
$92,000
Premium/Discount to List
-$27,900
-23.27%
Current Estimated Value
$300,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,667
Avg. Annual Appreciation
17.68%

Purchase Details

Closed on
Jul 5, 2017
Sold by
Smsb Investment Llc
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 29, 2017
Sold by
Smsb Investments Llc
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 26, 2011
Sold by
Leemaster Sungki
Bought by
Smsb Investments Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Clark Melvin H
Bought by
Leemaster Sungki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
2.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 11, 2005
Sold by
Clark Connie Sue
Bought by
Clark Melvin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
2.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Meighen Jessica E $92,000 Title First Agenncy Inc
The Bank Of New York Mellon $110,000 None Available
The Bank Of New York Mellon -- None Available
Smsb Investments Llc -- None Available
Leemaster Sungki $190,000 First Security Title Corpora
Clark Melvin H -- First Security Title Corpora
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meighen Jeffrey R $111,600
Previous Owner Leemaster Sungki $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $92,000 -12.3% $50 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $104,900 -12.5% $57 / Sq Ft
02/14/2018 02/14/18 For Sale $119,900 0.0% $65 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/26/2018 01/26/18 Price Changed $119,900 -6.3% $65 / Sq Ft
12/19/2017 12/19/17 For Sale $127,900 -- $69 / 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 $4,082 $85,040 $7,284 $77,756
2024 $4,082 $85,040 $7,284 $77,756
2023 $4,082 $85,040 $7,284 $77,756
2022 $3,315 $62,073 $5,317 $56,756
2021 $3,112 $62,073 $5,317 $56,756
2020 $3,053 $62,080 $5,320 $56,760
2019 $2,035 $38,740 $5,320 $33,420
2018 $2,081 $38,740 $5,320 $33,420
2017 $2,089 $38,740 $5,320 $33,420
2016 $2,078 $36,500 $5,320 $31,180
2015 $2,089 $36,500 $5,320 $31,180
2014 $2,076 $36,500 $5,320 $31,180
2013 $2,222 $38,790 $5,320 $33,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3962501

MLS Now

APN: 28-01138