NOT LISTED FOR SALE

473 Beulah Ave Akron, OH 44314

Summit Lake Neighborhood

Estimated Value: $127,000 - $151,000

4 Beds
3 Baths
1,534 Sq Ft
$90/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $120,000 $78 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $861/month

10 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of April 2023

Welcome to this recently updated and well located Triplex just minutes from Akron University and Akron General Hospital. The property offers a great unit mix with 3 units total: 2 - 2 bed 1 bath units and 1 - 1 bed 1 bath unit. Gas and Electric are separately metered for all units so tenants pay for all electric and heating. Landlord only pays for water/sewer, taxes and insurance. The property’s net profits after all expenses including property management is $1,300/mo or $15,600/yr which represents a 12.48% cap rate. The owner just finished updating 2 of the 3 units. The last remaining 2 bedroom unit will be vacant on April 1st and will be delivered rent ready. Schedule your showing today to see this great opportunity!

Last Agent to Sell the Property

Anthony Takacs

Century 21 Homestar License #2014004742 Listed on: 03/20/2023

Century 21 Homestar

Last Buyer's Agent

Mike Anter

JAMM Real Estate Co. License #2013004435

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $902

Year Built

  • Built in 1900

Lot Details

  • 3,337 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,534 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6736777

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$902

Year Built

Built in 1900

Lot Details

3,337 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 78.23
  • Estimated Price per Sq Ft: 78.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1534
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1534.00
  • Sq Ft Approx Total Finished: 1534.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Fee Information

  • Op Expenses: 500.00

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0766
  • Parcel Number: 6736777

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas, Heating

Multi Family

  • Unit Count: 3
  • Gross Income: 1800.00
  • Net Income: 1300.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 33

Tax Info

  • Tax: 902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Qilin Group Llc
Bought by
Carbon Holdings Llc
Current Estimated Value
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Outstanding Balance
$345,919
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$207,919

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 18, 2023
Sold by
Vainshtok Paul and Vainshtok Crystal
Bought by
Qilin Group Llc
Seller's Agent
Anthony Takacs
Century 21 Homestar
Buyer's Agent
Mike Anter
JAMM Real Estate Co.
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 20, 2021
Sold by
Caporaletti Jeffrey and Caporaletti Lisa R
Bought by
Vainshtok Paul
Seller's Agent
Kellie Voros
Deleted Agent
Buyer's Agent
Anthony Takacs
Century 21 Homestar
List Price
$103,500
Sold Price
$93,000
Premium/Discount to List
-$10,500
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.52%
Original Mortgage
$71,175
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 19, 2021
Sold by
Caporaletti Jeffrey M and Caporaletti Lisa R
Bought by
Vainshtok Paul and Martin Bulkley Crystal
Seller's Agent
Kellie Voros
Deleted Agent
Buyer's Agent
Anthony Takacs
Century 21 Homestar
List Price
$103,500
Sold Price
$93,000
Premium/Discount to List
-$10,500
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,175
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2011
Sold by
Caporaletti Jeffrey M and Caporaletti Lisa R
Bought by
Caporaletti Jeffrey M and Caporaletti Lisa R

Purchase Details

Closed on
Nov 22, 2003
Sold by
Smith James C and Smith Brenda K
Bought by
Caporaletti Jeffrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Sloan Garry R
Bought by
Smith James C and Caporaletti Jeffrey M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carbon Holdings Llc -- None Listed On Document
Qilin Group Llc $120,000 None Listed On Document
Vainshtok Paul $94,900 None Listed On Document
Vainshtok Paul $94,900 None Available
Caporaletti Jeffrey M -- Attorney
Caporaletti Jeffrey M $40,000 Chicago Title Insurance Comp
Smith James C $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carbon Holdings Llc $351,750
Previous Owner Vainshtok Paul $71,175
Previous Owner Vainshtok Paul $71,175
Previous Owner Caporaletti Jeffrey M $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $120,000 -3.9% $78 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $124,900 0.0% $81 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $124,900 +34.3% $81 / Sq Ft
10/21/2021 10/21/21 Sold $93,000 -10.1% $61 / Sq Ft View Prior Sale
09/11/2021 09/11/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $103,500 0.0% $67 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $103,500 -- $67 / Sq Ft
Source: MLS Now

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 $1,713 $20,493 $4,004 $16,489
2024 $1,180 $20,493 $4,004 $16,489
2023 $1,713 $21,021 $4,004 $17,017
2022 $902 $12,366 $2,356 $10,010
2021 $903 $12,366 $2,356 $10,010
2020 $890 $12,370 $2,360 $10,010
2019 $839 $10,530 $2,780 $7,750
2018 $828 $10,530 $2,780 $7,750
2017 $855 $10,530 $2,780 $7,750
2016 $855 $10,720 $2,780 $7,940
2015 $855 $10,720 $2,780 $7,940
2014 $848 $10,720 $2,780 $7,940
2013 $872 $11,290 $2,780 $8,510
Source: Public Records

Agents Affiliated with this Home

  • Anthony Takacs

    Seller's Agent in 2023

    Anthony Takacs

    Century 21 Homestar

    (440) 567-8047

    2 in this area

    55 Total Sales

    Anthony Takacs
    Section Image
  • Mike Anter

    Buyer's Agent in 2023

    Mike Anter

    JAMM Real Estate Co.

    (440) 897-1542

    1 in this area

    280 Total Sales

    Mike Anter
    Section Image

  • K

    Seller's Agent in 2021

    Kellie Voros

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4445499

MLS Now

APN: 67-36777

Ohio Summit County Akron 44314 Summit Lake

473 Beulah Ave, Akron, OH

Not Listed for Sale

MultiFamily

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