NOT LISTED FOR SALE

551 Franklin Ave Kent, OH 44240

Estimated Value: $159,000 - $193,000

3 Beds
2 Baths
1,416 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2024

Last sale price $160,000 $113 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,144 / mo

3 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Wood Siding
  • Forced Air Heating System

About This Home

As of April 2024

Great Opportunity to own an updated 2 unit home within walking distance to downtown Kent. One unit features 2 beds and 1 bath and the other has 1 bed and 1 Bath. Great rental history. 551 Franklin Information: So Many Updates:
Upper Unit: Month to Month since 9-17-23, Rent $600, pays water, electric & gas
Lower Unit: Month to Month since 7-4-24, Rent $950, pays water, electric and gas
Owner pays for trash and lawn mowing.
Owner owns the washer and dryer
Updates:
New windows, siding and gutters 2022 (34,532.71), New sanitary line 2021 (2,500), Termite Control 2020 (852),
New Roof (7,850), New Heater (2,687), New Water Heater (1,450), Dishwasher (569.05), Washer / dryer (1,274.45)
Window AC (217.55), Fridge (635.55), Range (452.20), Contractor Supplies (16,925.89), Contractor Fees (21,400),
Electrician (5,610), Paint (3,865)

Last Agent to Sell the Property

Christina Hoff

RE/MAX Edge Realty Brokerage Email: 330-526-6650 admin@iconmgmt.net License #2024005572 Listed on: 03/22/2024

RE/MAX Edge Realty

Last Buyer's Agent

Susan White

Howard Hanna License #443102

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1850

Lot Details

  • 7,680 Sq Ft Lot

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • Kent Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • The owner pays for trash collection
  • Assessor Parcel Number 17-012-10-00-020-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,530

Year Built

Built in 1850

Lot Details

7,680 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1850
  • Attribution Contact: 330-526-6650 admin@iconmgmt.net
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Kent
  • Above Grade Finished Sq Ft: 1416.0
  • Carport Y N: No
  • Garage Yn: No
  • 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: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1763
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, On Site

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Kent CSD - 6705

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 17-012-10-00-020-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 1530.0

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
Mar 22, 2024
Closed on
Apr 10, 2024
Sold by
Bought by
Seller's Agent
Christina Hoff
RE/MAX Edge Realty
Buyer's Agent
Susan White
Howard Hanna
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Views
57
Current Estimated Value
$177,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,660
Avg. Annual Appreciation
4.78%

Purchase Details

Listed on
Aug 4, 2020
Closed on
Dec 28, 2020
Sold by
Bought by
Seller's Agent
Stacy Barbicas
Keller Williams Chervenic Rlty
Buyer's Agent
David Sears
W.W. Reed And Son
List Price
$99,900
Sold Price
$85,500
Premium/Discount to List
-$14,400
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.12%
Original Mortgage
$64,125
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2007
Sold by
Bought by

Purchase Details

Closed on
May 2, 2003
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
$63,480
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
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
$63,480
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2000
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
$43,200
Interest Rate
8.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 25, 2000
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
$43,200
Interest Rate
8.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 2000
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
$43,200
Interest Rate
8.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 1, 1990
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$160,000 None Listed On Document
-- None Listed On Document
-- Accommodation
$41,533 Approved Statewide Title
$62,000 Approved Statewide Title
-- --
$43,200 --
-- --
-- --
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
Previous Owner $64,125
Previous Owner $63,480
Previous Owner $63,480
Previous Owner $43,200
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 Prior Sale
04/10/2024 04/10/24 Sold $160,000 +3.2% $113 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $155,000 +81.3% $109 / Sq Ft
01/04/2021 01/04/21 Sold $85,500 -4.9% $60 / Sq Ft View Prior Sale
11/06/2020 11/06/20 Pending -- -- --
10/06/2020 10/06/20 Price Changed $89,900 -2.8% $63 / Sq Ft
08/20/2020 08/20/20 Price Changed $92,500 -7.4% $65 / Sq Ft
08/04/2020 08/04/20 For Sale $99,900 -- $71 / 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
2025 $2,283 $50,120 $4,970 $45,150
2024 $2,305 $50,120 $4,970 $45,150
2023 $1,530 $26,990 $4,970 $22,020
2022 $1,529 $26,990 $4,970 $22,020
2021 $1,532 $26,990 $4,970 $22,020
2020 $1,419 $22,300 $4,970 $17,330
2019 $1,420 $22,300 $4,970 $17,330
2018 $901 $13,090 $4,970 $8,120
2017 $901 $13,090 $4,970 $8,120
2016 $899 $13,090 $4,970 $8,120
2015 $899 $13,090 $4,970 $8,120
2014 $888 $12,710 $4,970 $7,740
2013 $881 $12,710 $4,970 $7,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5024335

MLS Now

APN: 17-012-10-00-020-000

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