Seller's Agent in 2023
Justin Aikens
Keller Williams Chervenic Rlty
(330) 388-2637
56 in this area
419 Total Sales
485 Allyn St Akron, OH 44304
Downtown Akron NeighborhoodEstimated Value: $168,667
6
Beds
2
Baths
2,232
Sq Ft
$76/Sq Ft
Est. Value
About This Home
As of March 2023A great opportunity to own 8 contiguous parcels as a package of University of Akron rentals! The package consists of 2 duplexes, 3 single family houses, 2 single family houses with 2 kitchens that could easily be converted to duplexes, and a large 16 spot parking lot.
Annual Income of $119,340, Utilities $7,992, Insurance $3,996, Tax $11,544, Lawn/ Plow $2,802, Repair $2,493. Net Operating Income $88,053
Currently leased through July 2023, owner is in the process of renewing leases through July 2024.
Fantastic cash flow opportunity!!
Last Agent to Sell the Property
Keller Williams Chervenic Rlty License #2012000353 Listed on: 11/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,046
Year Built
- Built in 1909
Lot Details
- 6,360 Sq Ft Lot
Parking
- Driveway
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2,232 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms | 2 Main Level Bedrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Hart & Summers Community
Listing and Financial Details
- Assessor Parcel Number 6817879
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2022
Closed on
Mar 27, 2023
Sold by
Roo Town Rentals Llc
Bought by
Inkwell Investments Llc
Seller's Agent
Justin Aikens
Keller Williams Chervenic Rlty
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
24
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
$28,667
Avg. Annual Appreciation
2.31%
Original Mortgage
$111,920
Outstanding Balance
$108,400
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$41,933
Purchase Details
Listed on
Nov 18, 2022
Closed on
Mar 14, 2023
Sold by
Roo Town Rentals Llc
Bought by
Inkwell Investments Llc
Seller's Agent
Justin Aikens
Keller Williams Chervenic Rlty
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Outstanding Balance
$108,400
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$41,933
Purchase Details
Closed on
Sep 30, 2015
Sold by
Pashley Phillip D
Bought by
Roo Town Rentals Llc
Purchase Details
Closed on
Sep 15, 2015
Sold by
Pashley George R
Bought by
Pashley Phillip D
Purchase Details
Closed on
Aug 26, 2003
Sold by
Pashley Nancy L
Bought by
Pashley Phillip D
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Inkwell Investments Llc | $1,105,200 | -- | |
| Inkwell Investments Llc | $1,105,200 | None Listed On Document | |
| Roo Town Rentals Llc | $45,000 | Attorney | |
| Pashley Phillip D | -- | Attorney | |
| Pashley George R | -- | Attorney | |
| Pashley Phillip D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Inkwell Investments Llc | $111,920 | |
| Closed | Inkwell Investments Llc | $111,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2023 03/27/23 | Sold | $140,000 | 0.0% | $63 / Sq Ft |
| 01/31/2023 01/31/23 | Off Market | $140,000 | -- | -- |
| 01/31/2023 01/31/23 | Pending | -- | -- | -- |
| 11/18/2022 11/18/22 | For Sale | $149,900 | -- | $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 | $2,157 | $39,418 | $7,095 | $32,323 |
| 2024 | $2,157 | $39,418 | $7,095 | $32,323 |
| 2023 | $2,157 | $39,418 | $7,095 | $32,323 |
| 2022 | $1,968 | $28,158 | $4,697 | $23,461 |
| 2021 | $2,046 | $28,158 | $4,697 | $23,461 |
| 2020 | $2,017 | $28,160 | $4,700 | $23,460 |
| 2019 | $1,541 | $19,020 | $4,700 | $14,320 |
| 2018 | $1,523 | $19,020 | $4,700 | $14,320 |
| 2017 | $1,267 | $19,020 | $4,700 | $14,320 |
| 2016 | $1,289 | $16,530 | $4,700 | $11,830 |
| 2015 | $1,267 | $16,530 | $4,700 | $11,830 |
| 2014 | $1,257 | $16,530 | $4,700 | $11,830 |
| 2013 | $1,359 | $18,350 | $4,700 | $13,650 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Aikens
-
Robert Cole
Buyer's Agent in 2023
Robert Cole
RE/MAX
(440) 241-5221
9 in this area
273 Total Sales
Map
Source: MLS Now
MLS Number: 4423884
APN: 68-17879
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.