NOT LISTED FOR SALE

532 N Willow St Kent, OH 44240

Crain to Main Neighborhood

Estimated Value: $209,000 - $234,000

4 Beds
2 Baths
1,700 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $176,000 $104 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,489/month

1 Day on Market

About This Home

As of April 2021

Welcome to 532-534 North Willow in Kent. Ohio. This is a great opportunity to own a well-established investment property in the heart of the city. It is located on a well cared for street with mainly single-family dwellings just north of Rt 59. Add this one to your rental portfolio or buy it to live in one side and rent out the other. Property has all separate utilities, which are paid by tenants. Long-term tenant on right side (2004) which pays $585/month. This is currently under market value and has not been increased in quite some time. Potential gross rent could be $750/side per month, grossing you about $18,000/year. The property features updated vinyl siding and windows, 1 car attached garage per side, and rear porch area over looking the backyard. The front entrance has a common area foyer with access to both units. The left side is pretty much move in ready or rent ready. Don't miss this opportunity and call today to schedule your showing.

Last Agent to Sell the Property

Brett Walchalk

Russell Real Estate Services License #2013003922 Listed on: 01/28/2021

Russell Real Estate Services

Last Buyer's Agent

Will Penney

EXP Realty, LLC. License #348168

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1945

Lot Details

  • 7,976 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Hastings Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 17-031-22-00-126-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,022

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 103.53
  • Estimated Price per Sq Ft: 103.53
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1700
  • Year Built: 1945
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1945

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Walk-Out
  • Sq Ft Approx Above Grade Finished: 1700.00
  • Sq Ft Approx Total Finished: 1700.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Hastings

Schools

  • School District: Kent CSD
  • School District: Kent CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1831
  • Parcel Number: 17-031-22-00-126-000

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 1
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 3022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 5, 2021
Sold by
Wartko Michael and Wartko Maureen
Bought by
Schmader David Keith and Schmader Emily L
Seller's Agent
Brett Walchalk
Russell Real Estate Services
Buyer's Agent
Will Penney
EXP Realty, LLC.
List Price
$167,500
Sold Price
$176,000
Premium/Discount to List
$8,500
5.07%
Current Estimated Value
$220,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,240
Avg. Annual Appreciation
5.41%
Original Mortgage
$132,000
Outstanding Balance
$120,110
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$99,515

Purchase Details

Closed on
Sep 1, 1987
Bought by
Wartko Michael
Source: Public Records

Range of Values:

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Average Value
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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
Schmader David Keith $176,000 Kingdom Title
Wartko Michael $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmader David Keith $132,000
Previous Owner Wartko Michael J $52,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $176,000 +5.1% $104 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $167,500 -- $99 / 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
2024 $3,143 $68,330 $13,830 $54,500
2023 $3,053 $51,870 $9,730 $42,140
2022 $3,053 $51,870 $9,730 $42,140
2021 $3,014 $51,870 $9,730 $42,140
2020 $3,021 $44,840 $9,730 $35,110
2019 $2,888 $44,840 $9,730 $35,110
2018 $2,631 $38,230 $10,610 $27,620
2017 $2,631 $38,230 $10,610 $27,620
2016 $2,625 $38,230 $10,610 $27,620
2015 $2,626 $38,230 $10,610 $27,620
2014 $2,670 $38,230 $10,610 $27,620
2013 $2,651 $38,230 $10,610 $27,620
Source: Public Records

Agents Affiliated with this Home

  • Brett Walchalk

    Seller's Agent in 2021

    Brett Walchalk

    Russell Real Estate Services

    (330) 618-0711

    1 in this area

    120 Total Sales

    Brett Walchalk
    Section Image
  • Will Penney

    Buyer's Agent in 2021

    Will Penney

    EXP Realty, LLC.

    (330) 760-2866

    4 in this area

    470 Total Sales

    Will Penney
    Section Image
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Map

Source: MLS Now

MLS Number: 4252476

MLS Now

APN: 17-031-22-00-126-000

Ohio Portage County Kent 44240 Crain to Main

532 N Willow St, Kent, OH

This home is located at 532 N Willow St, Kent, OH 44240 since 28 January 2021 and is currently estimated at $220,240, approximately $129 per square foot. This property was built in 1945. 532 N Willow St is a home located in Portage County with nearby schools including Walls Elementary School, Stanton Middle School, and Theodore Roosevelt High School.

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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