NOT LISTED FOR SALE

437 Sherman St Akron, OH 44311

Downtown Akron Neighborhood

Estimated Value: $86,000 - $110,000

5 Beds
2 Baths
1,405 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $82,000 $58 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $673/month

31 Days on Market

Highlights

  • Colonial Architecture
  • Home Security System
  • Forced Air Heating System
  • Porch

About This Home

As of November 2021

Excellent opportunity for investment OR owner occupancy with this 5 BEDROOM and 2 FULL BATH home, within walking distance of The University of Akron!!! Very affordable housing WITH income potential as well! All appliances stay, including washer and dryer and two refrigerators! Newer windows and roof, new sewer line outside, updated electrical box. This is a great place to start investing!

Last Agent to Sell the Property

Amy Brandon

Russell Real Estate Services License #2011001554 Listed on: 09/06/2021

Russell Real Estate Services

Last Buyer's Agent

Paul Paratto

Howard Hanna License #302750

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1889

Lot Details

  • 3,354

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,405 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Rentschler Community

Listing and Financial Details

  • Assessor Parcel Number 6820460

Home Details

Home Type

Single Family

Est. Annual Taxes

$691

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 58.36
  • Estimated Price per Sq Ft: 58.36
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1405
  • Year Built: 1889
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1889

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Security System, Smoke Detector, Washer
  • Total Bedrooms: 5
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1405.00
  • Sq Ft Approx Total Finished: 1405.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Rentschler

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6820460

Tax Info

  • Tax: 691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Nov 4, 2021
Sold by
Mel Mo Proeprties Llc
Bought by
Sorma J P
Seller's Agent
Amy Brandon
Russell Real Estate Services
Buyer's Agent
Paul Paratto
Howard Hanna
List Price
$89,000
Sold Price
$82,000
Premium/Discount to List
-$7,000
-7.87%
Current Estimated Value
$98,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,468
Avg. Annual Appreciation
8.41%
Original Mortgage
$41,000
Outstanding Balance
$37,971
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$73,734

Purchase Details

Listed on
Feb 3, 2018
Closed on
Apr 9, 2018
Sold by
Kea Properties Llc
Bought by
Mel Mo Properties Llc
Seller's Agent
Melisa Jung
Keller Williams Chervenic Rlty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$105,000
Sold Price
$87,000
Premium/Discount to List
-$18,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.64%
Original Mortgage
$60,000
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2008
Sold by
Granat Michael A and Granat Linda M
Bought by
Manko David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2005
Sold by
Ulrich Christopher Lee
Bought by
Granat Michael A and Granat Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2001
Sold by
Bryan Tim R and Bryan Laura L
Bought by
Ulrich Christopher Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,450
Interest Rate
7.22%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 30, 1999
Sold by
Rininger Dean K and Rininger Joanne
Bought by
Bryan Tim R and Bryan Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
7.43%
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
Sorma J P $82,000 Chicago Title Insurance Co
Mel Mo Properties Llc $87,000 Transfer Title Inc
Manko David P $55,000 Ohio Fidelity Title Agency
Granat Michael A $52,000 --
Ulrich Christopher Lee $48,450 Wigley Title Agency Inc
Bryan Tim R $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorma J P $41,000
Previous Owner Mel Mo Properties Llc $60,000
Previous Owner Manko David P $28,000
Previous Owner Manko David P $44,000
Previous Owner Granat Michael A $49,400
Previous Owner Ulrich Christopher Lee $48,450
Previous Owner Bryan Tim R $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $82,000 -7.9% $58 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $89,000 +2.3% $63 / Sq Ft
04/13/2018 04/13/18 Sold $87,000 -17.1% $62 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/03/2018 02/03/18 For Sale $105,000 -- $75 / 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 $1,650 $30,093 $5,096 $24,997
2024 $1,650 $30,093 $5,096 $24,997
2023 $1,650 $30,093 $5,096 $24,997
2022 $1,400 $19,929 $3,374 $16,555
2021 $1,400 $19,929 $3,374 $16,555
2020 $1,381 $19,930 $3,370 $16,560
2019 $1,243 $16,200 $3,370 $12,830
2018 $1,227 $16,200 $3,370 $12,830
2017 $1,134 $16,200 $3,370 $12,830
2016 $1,263 $13,970 $3,370 $10,600
2015 $1,134 $13,970 $3,370 $10,600
2014 $1,126 $13,970 $3,370 $10,600
2013 $1,219 $15,600 $3,370 $12,230
Source: Public Records

Agents Affiliated with this Home

  • Amy Brandon

    Seller's Agent in 2021

    Amy Brandon

    Russell Real Estate Services

    (330) 723-2777

    1 in this area

    70 Total Sales

    Amy Brandon
    Section Image
  • Paul Paratto

    Buyer's Agent in 2021

    Paul Paratto

    Howard Hanna

    (440) 953-5697

    1 in this area

    699 Total Sales

    Paul Paratto
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Joseph Severino

    McDowell Homes Real Estate Services

    (216) 553-8596

    1 in this area

    92 Total Sales

    Joseph Severino
    Section Image

  • M

    Seller's Agent in 2018

    Melisa Jung

    Keller Williams Chervenic Rlty

    3 Total Sales

    Melisa Jung
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: MLS Now

MLS Number: 4315064

MLS Now

APN: 68-20460

Ohio Summit County Akron 44304 Downtown Akron

437 Sherman St, Akron, OH

This home is located at 437 Sherman St, Akron, OH 44311 since 06 September 2021 and is currently estimated at $98,468, approximately $70 per square foot. This property was built in 1889. 437 Sherman St is a home located in Summit County with nearby schools including North High School, Edge Academy, The, and Akros Middle School.

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