NOT LISTED FOR SALE

566 Saunders Ave Unit 574 Akron, OH 44319

Portage Lakes Neighborhood

Estimated Value: $538,000 - $814,996

2 Beds
1.5 Baths
5,880 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $400,000 $68 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,572/month

1 Day on Market

Highlights

  • Lake Front
  • Lake Privileges
  • Forced Air Heating and Cooling System
  • 0.9 Acre Lot
  • 3 Car Garage

About This Home

As of June 2018

Welcome to Mariner's Cove Apartments!! This LAKEFRONT triplex sits on the West Reservoir of Portage Lakes!! Not only is it in a PRIME LOCATION, it also brings in $3,500 a month of income, offers 6 docks with 12 boat slips (additional $12,000 a year income), a 24x14 pole building, an additional detatched garage or workspace with electric, new sea walls with foundation in 2006, trex decking on all three balconies, 2 new furnaces and a/c units, and an irrigation system! Unit 574 has a brand new kitchen in 2017 and all three units have newer appliances. All three units have a family room with fireplace that walks out to the patio and waterfront. Upstairs is your living room, 2 bedrooms, full bath, and kitchen that walks out to your balcony with an AMAZING view of the lake. This property has been beautifully landscaped and meticulously maintained over the years! Must see to truly appreciate! Call today to schedule a private viewing!

Last Agent to Sell the Property

Carly Bailey

Deleted Agent License #2010003307 Listed on: 06/01/2018

Last Buyer's Agent

Carly Bailey

Deleted Agent License #2010003307 Listed on: 06/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,474

Year Built

  • Built in 1978

Lot Details

  • 0.9 Acre Lot
  • Lake Front

Parking

  • 3 Car Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,880 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 1900734

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,474

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 68.03
  • Estimated Price per Sq Ft: 68.03
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 5880
  • Year Built: 1978
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Sq Ft Approx Above Grade Finished: 5880.00
  • Sq Ft Approx Total Finished: 5880.00

Exterior Features

  • View: Water View
  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Detached, Electric
  • Garage Num Of Cars: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Fee Information

  • Op Expenses: 12833.00

Schools

  • School District: Coventry LSD
  • School District: Coventry LSD

Lot Info

  • Lot Description: Lake Front, Lake Privileges/Acce, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.9000
  • Parcel Number: 1900734

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 3
  • Gross Income: 51012.00
  • Num Of Buildings: 3
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 8474

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Hovater David and Fanizzi Dominic
Bought by
Covenants General Warranty
Total Days on Market
1
Current Estimated Value
$681,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,400
Outstanding Balance
$516,079
Interest Rate
3.1%
Estimated Equity
$180,048

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jun 28, 2018
Sold by
Wiley Eldon and Wiley Janet
Bought by
Hovater David
Seller's Agent
Carly Bailey
Deleted Agent
Buyer's Agent
Carly Bailey
Deleted Agent
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$80,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2008
Sold by
Wiley Eldon
Bought by
Wiley Eldon and Wiley Janet

Purchase Details

Closed on
Jul 24, 2006
Sold by
Coventry Ltd
Bought by
Wiley Eldon and Eldon Wiley Revocable Living Trust
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 Buyer Sale Price Title Company
Covenants General Warranty $693,000 American Kingdom
Hovater David $400,000 Buckeye Reserve Title Agency
Wiley Eldon -- Attorney
Wiley Eldon $317,500 American Certified Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covenants General Warranty $554,400
Previous Owner Hovater David $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $400,000 -3.6% $68 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $415,000 -- $71 / 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 $11,424 $194,188 $31,742 $162,446
2024 $11,424 $194,188 $31,742 $162,446
2023 $11,424 $194,188 $31,742 $162,446
2022 $9,857 $138,646 $22,512 $116,134
2021 $9,325 $138,646 $22,512 $116,134
2020 $9,030 $138,640 $22,510 $116,130
2019 $8,599 $120,170 $29,710 $90,460
2018 $8,519 $120,170 $29,710 $90,460
2017 $7,630 $120,170 $29,710 $90,460
2016 $7,611 $106,060 $29,710 $76,350
2015 $7,630 $106,060 $29,710 $76,350
2014 $7,425 $106,060 $29,710 $76,350
2013 $7,319 $106,100 $29,710 $76,390
Source: Public Records

Agents Affiliated with this Home

  • Carly Bailey

    Seller's Agent in 2018

    Carly Bailey

    Deleted Agent

    (330) 730-0513

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Map

Source: MLS Now

MLS Number: 4003527

MLS Now

APN: 19-00734

Ohio Summit County Akron 44319 Portage Lakes

566 Saunders Ave Unit 574, Akron, OH

This home is located at 566 Saunders Ave Unit 574, Akron, OH 44319 since 01 June 2018 and is currently estimated at $681,999, approximately $115 per square foot. This property was built in 1978. 566 Saunders Ave Unit 574 is a home located in Summit County with nearby schools including Coventry Middle School, Coventry High School, and St. Francis de Sales School.

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