457 Sherman St Akron, OH 44311
Downtown Akron Neighborhood
6
Beds
2
Baths
1,936
Sq Ft
4,840
Sq Ft Lot
About This Home
As of February 2025Investment opportunity near the University of Akron! This up-and-down duplex features two spacious units, each with 3 bedrooms and 1 bath. With strong rental potential, live in one unit while leasing the other or maximize income by renting both—market rents range from $950-$1,050 per unit, or rent by the room for student housing. The property includes 2 gas and 2 electric meters, laundry hookups in the basement, and owner-paid water, sewer, and trash. Previously used as a student rental, this property is ideal for steady income! Units have been painted and new carpet.
Last Agent to Sell the Property
Waypoint Real Estate Group, LLC Brokerage Email: thecorrinteam@gmail.com 330-886-8002 License #2018001962 Listed on: 10/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,255
Year Built
- Built in 1904
Lot Details
- 4,840 Sq Ft Lot
Parking
- Driveway
Home Design
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
- Shake Siding
Interior Spaces
- 1,936 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Rentschler Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 6841641
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2024
Closed on
Feb 19, 2025
Sold by
Wilhite Amy M and Wilhite Jacob A
Bought by
Ripley Keith E and Ripley Laura
Seller's Agent
Melanie Corrin
Waypoint Real Estate Group, LLC
Buyer's Agent
Kathleen DePaul
Kremer Realty Inc.
List Price
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%
Total Days on Market
81
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,317
Avg. Annual Appreciation
0.84%
Original Mortgage
$93,750
Outstanding Balance
$93,594
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$31,878
Purchase Details
Listed on
Oct 27, 2024
Closed on
Feb 14, 2025
Sold by
Ripley Keith E and Ripley Laura
Bought by
Mo Jennifer and Nguyen Michael Duy-Khoa
Seller's Agent
Melanie Corrin
Waypoint Real Estate Group, LLC
Buyer's Agent
Kathleen DePaul
Kremer Realty Inc.
List Price
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$93,594
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$31,878
Purchase Details
Listed on
Oct 12, 2018
Closed on
Apr 30, 2019
Sold by
Nw Akron Investments Llc
Bought by
Ripley Keith E and Ripley Laura
Seller's Agent
Barry Brizes
EXP Realty, LLC.
Buyer's Agent
Melanie Corrin
Waypoint Real Estate Group, LLC
List Price
$79,000
Sold Price
$74,900
Premium/Discount to List
-$4,100
-5.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$56,175
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2015
Sold by
Wilhite Jacob A
Bought by
Nw Akron Investments Llc
Purchase Details
Closed on
Oct 20, 2006
Sold by
Wilhite Jacob A
Bought by
Nw Akron Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 13, 2006
Sold by
Faith Financial Group Of Ohio Llc
Bought by
Wilhite Jacob A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 2006
Sold by
Jp Morgan Chase Bank Na
Bought by
Faith Financial Group Of Ohio Llc
Purchase Details
Closed on
Dec 30, 2005
Sold by
Musser David R
Bought by
Bank One Na
Purchase Details
Closed on
Jan 28, 1999
Sold by
Vaccaro Nick J
Bought by
Musser David R and Musser Rebecca A
Similar Homes in Akron, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Title Co | |
| Warranty Deed | $125,000 | None Listed On Document | |
| Survivorship Deed | $74,900 | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $32,000 | None Available | |
| Sheriffs Deed | $36,000 | None Available | |
| Warranty Deed | $50,600 | Midland Commerce Group |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,750 | New Conventional | |
| Previous Owner | $56,175 | New Conventional | |
| Previous Owner | $60,300 | New Conventional | |
| Previous Owner | $63,750 | Purchase Money Mortgage | |
| Previous Owner | $58,500 | Unknown | |
| Closed | $0 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Sold | $125,000 | -13.7% | $65 / Sq Ft |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 12/07/2024 12/07/24 | Price Changed | $144,900 | -2.8% | $75 / Sq Ft |
| 10/27/2024 10/27/24 | For Sale | $149,000 | +98.9% | $77 / Sq Ft |
| 05/01/2019 05/01/19 | Sold | $74,900 | 0.0% | $39 / Sq Ft |
| 04/01/2019 04/01/19 | Off Market | $74,900 | -- | -- |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- |
| 03/16/2019 03/16/19 | For Sale | $79,000 | 0.0% | $41 / Sq Ft |
| 03/08/2019 03/08/19 | Pending | -- | -- | -- |
| 01/29/2019 01/29/19 | Price Changed | $79,000 | -20.9% | $41 / Sq Ft |
| 10/12/2018 10/12/18 | For Sale | $99,900 | -- | $52 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $2,255 | $37,433 | $6,269 | $31,164 |
| 2024 | $2,255 | $37,433 | $6,269 | $31,164 |
| 2023 | $2,255 | $37,433 | $6,269 | $31,164 |
| 2022 | $1,945 | $24,791 | $4,151 | $20,640 |
| 2021 | $1,847 | $24,791 | $4,151 | $20,640 |
| 2020 | $1,922 | $24,790 | $4,150 | $20,640 |
| 2019 | $1,296 | $15,280 | $4,150 | $11,130 |
| 2018 | $1,281 | $15,280 | $4,150 | $11,130 |
| 2017 | $1,234 | $15,280 | $4,150 | $11,130 |
| 2016 | $1,235 | $13,350 | $4,150 | $9,200 |
| 2015 | $1,234 | $13,350 | $4,150 | $9,200 |
| 2014 | $1,226 | $13,350 | $4,150 | $9,200 |
| 2013 | $1,431 | $16,520 | $4,150 | $12,370 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Melanie Corrin
Waypoint Real Estate Group, LLC
-
K
Buyer's Agent in 2025
Kathleen DePaul
Kremer Realty Inc.
-
B
Seller's Agent in 2019
Barry Brizes
EXP Realty, LLC.
Map
Source: MLS Now
MLS Number: 5080603
APN: 68-41641
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