NOT LISTED FOR SALE

564 Madison Ave Akron, OH 44320

West Akron Neighborhood

Estimated Value: $68,000 - $150,501

3 Beds
2 Baths
2,886 Sq Ft
$35/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $60,000 $21 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $624/month

23 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Partially Fenced Property

About This Home

As of June 2023

Spacious Up and Down Duplex with all Separate Utility Services. Both Units with Balcony Porches and Upper Unit has access to the Unfinished Attic Area. Common Shared Basement with Laundry Hook Ups. Large Back yard is partially fenced, location is convenient to Copley Rd Commercial, Metro Bus Lines, Minutes to Downtown! This is a perfect opportunity for an Investment Rental - Possibly Live in One Unit, Rent the other for additional income! Both Units need some updating and cosmetics - not too much to do to have this one rented quickly! Don't miss this opportunity to add this property to your Portfolio! The property is to be Sold AS-IS, seller will not make repair or offer any warranties. AGENTS SEE BROKER REMARKS for placing your offers.

Last Agent to Sell the Property

Cynthia Simpson

Inactive Agent License #2008000122 Listed on: 05/10/2023

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $966

Year Built

  • Built in 1929

Lot Details

  • 5,998 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,886 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 6734616

Community Details

Overview

  • 2 Units
  • Schumacher Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$966

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 20.79
  • Estimated Price per Sq Ft: 20.79
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Total Sq Ft: 2886
  • Year Built: 1929
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Common, Full
  • Sq Ft Approx Above Grade Finished: 2886.00
  • Sq Ft Approx Total Finished: 2886.00

Exterior Features

  • Fences: Partial, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Schumacher

Schools

  • School District: Akron CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.1377
  • Parcel Number: 6734616

Multi Family

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

Tax Info

  • Tax: 966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 26, 2023
Sold by
Pnc Bank National Association
Bought by
Red Door Estates Llc
Seller's Agent
Cynthia Simpson
Inactive Agent
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$50,400
Sold Price
$60,000
Premium/Discount to List
$9,600
19.05%
Views
377
Current Estimated Value
$101,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,625
Avg. Annual Appreciation
25.14%

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 16, 2023
Sold by
Pnc Bank National Association
Bought by
Red Door Estates Llc
Seller's Agent
Cynthia Simpson
Inactive Agent
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$50,400
Sold Price
$60,000
Premium/Discount to List
$9,600
19.05%
Views
377

Purchase Details

Closed on
Aug 25, 2022
Sold by
Sheriff Of Summit County
Bought by
Pnc Bank National Association
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
Red Door Estates Llc $60,000 Servicelink
Red Door Estates Llc $60,000 Servicelink
Pnc Bank National Association $24,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Sold $60,000 +19.0% $21 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $50,400 -- $17 / 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
2025 $1,104 $17,458 $3,430 $14,028
2024 $1,055 $17,458 $3,430 $14,028
2023 $1,104 $18,634 $3,430 $15,204
2022 $966 $13,311 $2,450 $10,861
2021 $966 $13,311 $2,450 $10,861
2020 $953 $13,310 $2,450 $10,860
2019 $1,206 $15,580 $3,820 $11,760
2018 $1,354 $15,580 $3,820 $11,760
2017 $1,231 $15,580 $3,820 $11,760
2016 $1,648 $15,880 $3,820 $12,060
2015 $1,231 $15,880 $3,820 $12,060
2014 $1,221 $15,880 $3,820 $12,060
2013 $1,324 $16,970 $3,820 $13,150
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cynthia Simpson

    Inactive Agent

    Section Image

  • N

    Buyer's Agent in 2023

    Non-Member Non-Member

    Non-Member

See All Agents

Map

Source: MLS Now

MLS Number: 4457736

MLS Now

APN: 67-34616

Ohio Summit County Akron 44320 West Akron

564 Madison Ave, Akron, OH

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