NOT LISTED FOR SALE

505 Adkins Ave Akron, OH 44301

South Akron Neighborhood

Estimated Value: $107,320 - $162,000

6 Beds
2 Baths
-- Sq Ft
4,800 Sq Ft Lot

Last Sold November 23, 2021

Last sale price $60,000

Est. 113% increase in value since last sale

Current estimated payment $877/month

127 Days on Market

About This Home

As of November 2021

This home is located at 505 Adkins Ave, Akron, OH 44301 since 13 July 2021 and is currently estimated at $128,080. This property was built in 1926. 505 Adkins Ave is a home located in Summit County with nearby schools including McEbright Elementary School, Kenmore Garfield Community Learning Center, and Main Preparatory Academy.

Last Agent to Sell the Property

Richard Burroughs

H & R Burroughs Realty, Inc. License #262324 Listed on: 07/13/2021

Last Buyer's Agent

Richard Burroughs

H & R Burroughs Realty, Inc. License #262324 Listed on: 07/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1926

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 6835261

Community Details

Overview

  • 2 Units
  • Bellows Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,280

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Year Built: 1926
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 1

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Bellows

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1102
  • Parcel Number: 6835261

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Abs Realty Llc
Bought by
Irehab Homes Llc
Total Days on Market
127
Current Estimated Value
$128,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Outstanding Balance
$100,511
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$30,436

Purchase Details

Listed on
Jul 13, 2021
Closed on
Nov 9, 2021
Sold by
Rw Property Management Llc
Bought by
Abs Realty Llc
Seller's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
Buyer's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
List Price
$89,900
Sold Price
$60,000
Premium/Discount to List
-$29,900
-33.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.67%

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 25, 2018
Sold by
Carta Jeffrey J
Bought by
Rw Property Management Llc
Seller's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
Buyer's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
List Price
$34,900
Sold Price
$20,000
Premium/Discount to List
-$14,900
-42.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.01%

Purchase Details

Closed on
Oct 2, 2007
Sold by
Myers James M and Myers Karin
Bought by
Carta Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 4, 2007
Sold by
Steelfox David L
Bought by
Myers James M
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
Irehab Homes Llc $128,000 Accurate Abstracting
Abs Realty Llc $60,000 Omega Title Agency Llc
Rw Property Management Llc $20,000 America Certiffied Title
Carta Jeffrey J $62,120 Attorney
Myers James M $18,000 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irehab Homes Llc $102,400
Previous Owner Carta Jeffrey J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $60,000 -33.3% --
11/17/2021 11/17/21 Pending -- -- --
10/16/2021 10/16/21 For Sale $89,900 0.0% --
09/05/2021 09/05/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $89,900 +349.5% --
06/27/2018 06/27/18 Sold $20,000 -42.7% --
05/03/2018 05/03/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $34,900 -- --
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 $2,328 $27,682 $4,347 $23,335
2024 $1,630 $27,682 $4,347 $23,335
2023 $2,328 $27,682 $4,347 $23,335
2022 $1,269 $17,858 $2,804 $15,054
2021 $1,630 $17,858 $2,804 $15,054
2020 $1,252 $17,850 $2,800 $15,050
2019 $1,389 $18,110 $5,300 $12,810
2018 $1,417 $18,110 $5,300 $12,810
2017 $1,526 $18,950 $5,300 $13,650
2016 $2,567 $19,250 $5,300 $13,950
2015 $1,526 $19,250 $5,300 $13,950
2014 $2,035 $19,250 $5,300 $13,950
2013 $1,539 $20,010 $5,300 $14,710
Source: Public Records

Agents Affiliated with this Home

  • Richard Burroughs

    Seller's Agent in 2021

    Richard Burroughs

    H & R Burroughs Realty, Inc.

    (330) 351-2367

    6 in this area

    146 Total Sales

    Richard Burroughs
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Map

Source: MLS Now

MLS Number: 4297968

MLS Now

APN: 68-35261

Ohio Summit County Akron 44301 South Akron

505 Adkins Ave, Akron, OH

This home is located at 505 Adkins Ave, Akron, OH 44301 since 13 July 2021 and is currently estimated at $128,080. This property was built in 1926. 505 Adkins Ave is a home located in Summit County with nearby schools including McEbright Elementary School, Kenmore Garfield Community Learning Center, and Main Preparatory Academy.

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