Angie Hartong
High Point Real Estate Group
(330) 681-1699
194 Total Sales
1 in Downtown Akron
$237,500 Price
503 Allyn St Akron, OH 44311
Downtown Akron NeighborhoodEstimated Value: $100,000 - $123,000
3
Beds
2
Baths
1,112
Sq Ft
$102/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- 1-Story Property
- 2-minute walk to Boss Park
About This Home
As of March 2023Located in the heart of off campus houses, this a great opportunity to own 8 contiguous parcels as a package of turnkey University of Akron student rentals! The 26 bedroom package consists of 2 duplexes, 3 single family houses and 2 additional single family houses each with 2 kitchens that could easily be converted into duplexes.There is also a large 16 space parking lot.
Annual Income of $119,340, Utilities $7,992, Insurance $3,996, Tax $11,544, Lawn $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
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,631
Year Built
- Built in 1904
Lot Details
- 4,016 Sq Ft Lot
Parking
- Driveway
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,112 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- 2 Units
- Voris & Steinbacher Allotment Community
Listing and Financial Details
- Assessor Parcel Number 6818629
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2022
Closed on
Mar 14, 2023
Sold by
Bought by
Seller's Agent
Justin Aikens
Keller Williams Chervenic Rlty
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Views
26
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
$3,000
Avg. Annual Appreciation
0.80%
Original Mortgage
$88,000
Outstanding Balance
$84,316
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$28,684
Purchase Details
Closed on
Dec 18, 2013
Sold by
Bought by
Purchase Details
Closed on
Mar 16, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,600
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 29, 2005
Sold by
Bought by
Purchase Details
Closed on
Nov 29, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Akron, OH
-
Angie Hartong
-
Kemi Alege
Kemi Alege
Coldwell Banker Schmidt Realty
(234) 231-0988
136 Total Sales
5 in Downtown Akron
$120K - $130K Price Range
-
Cheryl Wood
Cheryl Wood
Pathway Real Estate
(234) 271-4328
110 Total Sales
2 in Downtown Akron
$69K - $75K Price Range
-
Stephanie Beeson
Stephanie Beeson
Berkshire Hathaway HomeServices Stouffer Realty
(234) 271-4156
210 Total Sales
1 in Downtown Akron
$50,100 Price
-
Quinn Johnston
Quinn Johnston
LoFaso Real Estate Services
(234) 278-1409
136 Total Sales
2 in Downtown Akron
$85K - $99K Price Range
-
Katelyn Ryan
Katelyn Ryan
Tarter Realty
(234) 271-4987
248 Total Sales
1 in Downtown Akron
$62,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,105,200 | None Listed On Document | ||
| $37,186 | None Available | ||
| -- | None Available | ||
| $40,000 | First American Title Ins Co | ||
| -- | Landamerica Lawyers Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $88,000 | ||
| Previous Owner | $56,600 | ||
| Previous Owner | $39,000 | ||
| Previous Owner | $183,750 | ||
| Previous Owner | $50,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2023 03/27/23 | Sold | $110,000 | 0.0% | $99 / Sq Ft |
| 01/31/2023 01/31/23 | Off Market | $110,000 | -- | -- |
| 01/31/2023 01/31/23 | Pending | -- | -- | -- |
| 11/18/2022 11/18/22 | For Sale | $119,900 | -- | $108 / Sq Ft |
Source: MLS Now
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,092 | $27,363 | $5,537 | $21,826 |
| 2025 | $1,547 | $26,415 | $5,698 | $20,717 |
| 2024 | $1,547 | $26,415 | $5,698 | $20,717 |
| 2023 | $1,547 | $26,415 | $5,698 | $20,717 |
| 2022 | $1,435 | $19,107 | $3,773 | $15,334 |
| 2021 | $1,542 | $19,107 | $3,773 | $15,334 |
| 2020 | $1,523 | $19,100 | $3,770 | $15,330 |
| 2019 | $1,252 | $13,620 | $3,770 | $9,850 |
| 2018 | $1,239 | $13,620 | $3,770 | $9,850 |
| 2017 | $1,024 | $13,620 | $3,770 | $9,850 |
| 2016 | $1,024 | $11,900 | $3,770 | $8,130 |
| 2015 | $1,024 | $11,900 | $3,770 | $8,130 |
| 2014 | $1,017 | $11,900 | $3,770 | $8,130 |
| 2013 | $1,001 | $11,930 | $3,770 | $8,160 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Aikens
Seller's Agent in 2023
Justin Aikens
Keller Williams Chervenic Rlty
(330) 388-2637
55 in this area
406 Total Sales
-
Robert Cole
Buyer's Agent in 2023
Robert Cole
RE/MAX
(440) 241-5221
9 in this area
272 Total Sales
Map
Source: MLS Now
MLS Number: 4423103
APN: 68-18629
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