NOT LISTED FOR SALE

Estimated Value: $104,000 - $150,000

4 Beds
3.5 Baths
3,535 Sq Ft
$36/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $31,000 $9 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $915/month

78 Days on Market

About This Home

As of February 2018

Great investment opportunity! This building has three units and a store front with lots of potential. Great building to run a business and have rental income at the same time. Convenient location to downtown Akron and Fairlawn. Just minutes from the highway. Some utilities are split with tenants.

Last Agent to Sell the Property

Debbie Ferrante

RE/MAX Edge Realty License #2010000047 Listed on: 10/17/2017

RE/MAX Edge Realty

Last Buyer's Agent

Debbie Ferrante

RE/MAX Edge Realty License #2010000047 Listed on: 10/17/2017

RE/MAX Edge Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 7,453 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,535 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Alice Mcneils Gale Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 6746036

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 8.77
  • Estimated Price per Sq Ft: 8.77
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3535
  • Year Built: 1913
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1913

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 3535.00
  • Sq Ft Approx Total Finished: 3535.00

Exterior Features

  • Exterior: Aluminum, Vinyl, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Alice Mcneils Gale Allotment

Schools

  • School District: Akron CSD
  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1711
  • Parcel Number: 6746036

Multi Family

  • Net Income: 5000.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 50

Tax Info

  • Tax: 2254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Jan 31, 2018
Sold by
Nagel Investemnts Llc
Bought by
565 59 Exchange Llc
Seller's Agent
Debbie Ferrante
RE/MAX Edge Realty
Buyer's Agent
Debbie Ferrante
RE/MAX Edge Realty
List Price
$39,900
Sold Price
$31,000
Premium/Discount to List
-$8,900
-22.31%
Current Estimated Value
$125,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,667
Avg. Annual Appreciation
20.83%

Purchase Details

Closed on
Dec 14, 2015
Sold by
Nagel Erik
Bought by
Nagel Investments Llc

Purchase Details

Closed on
Jan 10, 2014
Sold by
Fannie Mae
Bought by
Nagel Erik

Purchase Details

Closed on
Oct 23, 2013
Sold by
Shook Ronald
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 15, 2006
Sold by
Helsel Maria and Helsel Christopher
Bought by
Shook Ronald V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1997
Sold by
Pugh Margaret L
Bought by
Aristide Cosmo
Source: Public Records

Range of Values:

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Average Value
Not Available
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
565 59 Exchange Llc $31,000 Fireland Title
Nagel Investments Llc -- None Available
Nagel Erik $24,900 None Available
Federal National Mortgage Association $79,081 None Available
Shook Ronald V $200,000 Falls Title Agency
Aristide Cosmo $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shook Ronald V $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $31,000 -22.3% $9 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $39,900 -- $11 / 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 $2,785 $42,708 $8,173 $34,535
2024 $2,785 $42,708 $8,173 $34,535
2023 $2,785 $42,708 $8,173 $34,535
2022 $2,220 $25,123 $4,809 $20,314
2021 $2,222 $25,123 $4,809 $20,314
2020 $2,196 $25,120 $4,810 $20,310
2019 $2,248 $23,530 $5,670 $17,860
2018 $2,225 $23,530 $5,670 $17,860
2017 $2,097 $23,530 $5,670 $17,860
2016 $2,254 $23,530 $5,670 $17,860
2015 $2,097 $21,390 $5,670 $15,720
2014 $2,698 $21,390 $5,670 $15,720
2013 $3,645 $34,100 $7,250 $26,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3949708

MLS Now

APN: 67-46036