NOT LISTED FOR SALE

480 Spicer St Akron, OH 44311

Downtown Akron Neighborhood

Estimated Value: $84,000 - $127,000

4 Beds
2 Baths
1,604 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $88,000 $55 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $712/month

16 Days on Market

About This Home

As of November 2021

2 Investment Homes On 3 Lots - Sold As A Unit – Near the University Of Akron - On-Site & Online Bidding Available - ABSOLUTE AUCTION, all sells to the highest bidder. ONLINE BIDDING BEGINS TUESDAY – OCTOBER 12, 2021 – 1:00 PM and AUCTION LIVE ON-SITE BIDDING WILL BEGIN THURSDAY – OCTOBER 14, 2021 – 1:00 PM. Located within walking distance of the University of Akron. 2 investment homes on 3 lots. The front home is an up/down duplex. Both units have 1 bedroom. The bottom unit has a long-term tenant paying $425/mo., upstairs leased for $550/mo. Landlord pays utilities. The rear home has 4 bedrooms and 2 baths and is rented for $700/mo. plus utilities. All leases are until July 2022. Off-street gravel parking. Vacant lot adjoining to east of homes to transfer with. All units open for viewing auction day 1 hour prior to bidding. Terrific investment opportunity! TERMS ON REAL ESTATE: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be sold as an Entirety and not to be offered in separate parcels.

Last Agent to Sell the Property

Matthew Kiko

Kiko License #448128 Listed on: 09/28/2021

Last Buyer's Agent

Matthew Kiko

Kiko License #448128 Listed on: 09/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1911

Lot Details

  • 4,138

Home Design

  • Traditional Architecture
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • Unpaved Streets

Community Details

  • Voris & Steinbacher Community

Listing and Financial Details

  • Assessor Parcel Number 6818411

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,017

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Conventional
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Year Built: 1911
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1911

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Voris & Steinbacher

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 68-18418
  • Additional Assessor Parcel Number 2: 67-22333
  • Lot Size Units: Acres
  • Parcel Number: 6818411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 18, 2021
Sold by
Spicertown Llc
Bought by
Agent Iplangroup and 3320366 Roth Ira
Seller's Agent
Matthew Kiko
Kiko
Buyer's Agent
Matthew Kiko
Kiko
List Price
$88,000
Sold Price
$88,000
Current Estimated Value
$99,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,981
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Mar 22, 2007
Sold by
Triad Investments Of Akron Lp
Bought by
Spicertown Llc

Purchase Details

Closed on
Mar 14, 2003
Sold by
Comes David L
Bought by
Triad Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1998
Sold by
Wilson James R
Bought by
Comes David L and Comes Philomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
4.35%
Mortgage Type
New Conventional
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
Agent Iplangroup $44,000 First Security Title Corp
Spicertown Llc -- First American Title Ins Co
Triad Investments $216,900 --
Comes David L $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akron Investments Llc $106,400
Previous Owner Spicertown Llc $1,235,000
Previous Owner Spicertown Llc $80,000
Previous Owner Spicertown Llc $735,000
Previous Owner Triad Investments $752,000
Previous Owner Comes David L $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $88,000 0.0% $55 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $88,000 -- $55 / 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 $2,017 $29,684 $5,712 $23,972
2024 $2,017 $29,684 $5,712 $23,972
2023 $2,017 $29,684 $5,712 $23,972
2022 $1,772 $19,660 $3,784 $15,876
2021 $1,673 $19,660 $3,784 $15,876
2020 $1,653 $19,660 $3,780 $15,880
2019 $1,465 $15,270 $3,780 $11,490
2018 $1,450 $15,270 $3,780 $11,490
2017 $1,037 $15,270 $3,780 $11,490
2016 $1,133 $13,270 $3,780 $9,490
2015 $1,037 $13,270 $3,780 $9,490
2014 $1,029 $13,270 $3,780 $9,490
2013 $1,361 $17,780 $3,780 $14,000
Source: Public Records

Agents Affiliated with this Home

  • Matthew Kiko

    Seller's Agent in 2021

    Matthew Kiko

    Kiko

    (330) 327-9617

    1 in this area

    138 Total Sales

    Matthew Kiko
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Map

Source: MLS Now

MLS Number: 4320988

MLS Now

APN: 68-18411

Ohio Summit County Akron 44311 Downtown Akron

480 Spicer St, Akron, OH

This home is located at 480 Spicer St, Akron, OH 44311 since 28 September 2021 and is currently estimated at $99,981, approximately $62 per square foot. This property was built in 1911. 480 Spicer St is a home located in Summit County with nearby schools including North High School, Main Preparatory Academy, and Case Preparatory Academy.

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.

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