$206,000
SOLD DEC 31, 2024

514 N Hawkins Ave Unit 516 Akron, OH 44313

Northwest Akron Neighborhood
4 Beds
2 Baths
2,181 Sq Ft
6,325 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

4 Days on Market

Highlights

  • Balcony
  • 2 Car Garage
  • 3-minute walk to Sand Run Metro Park
  • Forced Air Heating and Cooling System
  • Wood Fence

About This Home

As of December 2024

GREAT INVESTMENT PROPERTY!! Welcome to this well maintained duplex, in a prime location! This property is perfect for investors seeking steady cash flow, with each unit boasting recent updates for modern comfort and convenience. Both units feature separate utilities, ensuring straightforward management, and each has seen recent renovations, including updated flooring, kitchens, and bathrooms. Key updates include newer plumbing, furnaces, and hot water tanks, as well as central air conditioning to keep tenants comfortable year-round. Plus, the property includes a two-car garage, providing valuable additional storage and parking options. Both units are occupied. Each tenant pays $900/monthly tenants pay all utilities. Don’t miss out on this exceptional duplex—schedule your showing today!

Last Agent to Sell the Property

Marshall Stephens

Keller Williams Chervenic Rlty Brokerage Email: MStephens@kw.com 330-622-2423 License #2017003442 Listed on: 11/04/2024

Keller Williams Chervenic Rlty

Last Buyer's Agent

Marcy Imperi

Plum Tree Realty, LLC License #2006004620

Plum Tree Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1965

Lot Details

  • 6,325 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,181 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Community Details

  • Park Heights Estate #8 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for common area maintenance
  • Assessor Parcel Number 6700725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,042

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1965
  • Attribution Contact: MStephens@kw.com 330-622-2423
  • Subdivision Name: Park Heights Estate #8
  • Above Grade Finished Sq Ft: 2181.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Fencing: Wood
  • Acres: 0.1452
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6700725
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Common Area Maintenance
  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 1800.0

Tax Info

  • Tax Annual Amount: 3042.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 27, 2024
Sold by
Norwood Michael R
Bought by
Grey Annemarie
Seller's Agent
Marshall Stephens
Keller Williams Chervenic Rlty
Buyer's Agent
Marcy Imperi
Plum Tree Realty, LLC
List Price
$206,000
Sold Price
$206,000
Total Days on Market
4
Views
17
Current Estimated Value
$208,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,473
Avg. Annual Appreciation
-3.31%
Original Mortgage
$10,300
Outstanding Balance
$10,273
Interest Rate
6.78%
Estimated Equity
$192,906

Purchase Details

Closed on
Oct 5, 2020
Sold by
Djtm Real Estate Investment Group Llc
Bought by
Norwood Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,721
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2018
Sold by
Schu Properties Llc
Bought by
Carter Investment Group Llc

Purchase Details

Closed on
Mar 18, 2005
Sold by
Schumacher Mark F and Schumacher Jennifer
Bought by
Schu Properties Llc

Purchase Details

Closed on
Mar 15, 2004
Sold by
Russell Robert C
Bought by
Schumacher Mark F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,650
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1997
Sold by
Mcmullen Vilma
Bought by
Russell Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.81%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $206,000 None Listed On Document
Warranty Deed $206,000 None Listed On Document
Warranty Deed $181,000 New Title Company Name
Warranty Deed $181,000 New Title Company Name
Warranty Deed $10,000 Fireland Title
Quit Claim Deed -- Tri County Title
Warranty Deed $118,500 Buckeye Reserve Title Agency
Deed $73,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,300 No Value Available
Closed $10,300 No Value Available
Open $195,700 New Conventional
Closed $195,700 New Conventional
Previous Owner $177,721 FHA
Previous Owner $113,600 Future Advance Clause Open End Mortgage
Previous Owner $88,000 Unknown
Previous Owner $112,000 Unknown
Previous Owner $106,650 Purchase Money Mortgage
Previous Owner $81,600 Unknown
Previous Owner $73,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $206,000 0.0% $94 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $206,000 0.0% $94 / Sq Ft
05/20/2022 05/20/22 Rented $900 0.0% --
05/18/2022 05/18/22 Under Contract -- -- --
05/03/2022 05/03/22 For Rent $900 0.0% --
05/02/2022 05/02/22 Off Market $900 -- --
05/02/2022 05/02/22 For Rent $900 +5.9% --
08/09/2021 08/09/21 Rented $850 0.0% --
08/09/2021 08/09/21 Under Contract -- -- --
08/01/2021 08/01/21 For Rent $850 -- --
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 $2,942 $52,392 $8,180 $44,212
2024 $2,942 $52,392 $8,180 $44,212
2023 $2,942 $52,392 $8,180 $44,212
2022 $2,299 $31,574 $4,813 $26,761
2021 $2,385 $31,574 $4,813 $26,761
2020 $2,249 $31,570 $4,810 $26,760
2019 $901 $8,720 $7,070 $1,650
2018 $792 $8,720 $7,070 $1,650
2017 $2,625 $8,740 $7,070 $1,670
2016 $2,627 $34,860 $7,070 $27,790
2015 $2,625 $34,860 $7,070 $27,790
2014 $2,604 $34,860 $7,070 $27,790
2013 $3,575 $37,060 $7,070 $29,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5082497

MLS Now

APN: 67-00725