NOT LISTED FOR SALE

Estimated Value: $92,000 - $167,000

7 Beds
2 Baths
2,304 Sq Ft
$60/Sq Ft Est. Value

Last Sold January 02, 2018

Last sale price $24,875 $11 Per Sq Ft

Est. 455% increase in value since last sale

Current estimated payment $876/month

101 Days on Market

About This Home

As of January 2018

A Great Investment Opportunity. Two occupied units with front and back porch accessible to both. Established professional management is in place, and will offer services if desired by new owner. The property is part of a group of rental properties held in the area, that are being sold as a result of medical retirement. Combined purchase possible. Contact agent for additional details and addresses. Strong CAP rate with established tenants. A $3,500 allowance is included to cover the cost of the quote for replacing the roof and supports over the front porch.

Last Agent to Sell the Property

Jim Foust

Century 21 Homestar License #411291 Listed on: 09/05/2017

Century 21 Homestar

Last Buyer's Agent

Jim Foust

Century 21 Homestar License #411291 Listed on: 09/05/2017

Century 21 Homestar

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas, water
  • Assessor Parcel Number 6705680

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 10.80
  • Estimated Price per Sq Ft: 10.80
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 2304
  • Year Built: 1904
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1904

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 7
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 2304.00
  • Sq Ft Approx Total Finished: 2304.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Utilities

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

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0900
  • Parcel Number: 6705680

Rental Info

  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Unit Count: 2
  • Gross Income: 10560.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Qilin Group Llc
Bought by
Carbon Holdings Llc
Current Estimated Value
$138,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$102,959
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$35,210

Purchase Details

Closed on
Nov 5, 2021
Sold by
R & M Baker Estate Investments Llc
Bought by
Qilin Group Llc

Purchase Details

Listed on
Sep 5, 2017
Closed on
Dec 28, 2017
Sold by
Rosencrance Christie L
Bought by
Agreement And Declaration Of Trust
Seller's Agent
Jim Foust
Century 21 Homestar
Buyer's Agent
Jim Foust
Century 21 Homestar
List Price
$46,500
Sold Price
$24,875
Premium/Discount to List
-$21,625
-46.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.13%
Original Mortgage
$43,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2017
Sold by
Henes James L
Bought by
Rosencrance Christie L and 590 Kenmore Blvd Land Trust

Purchase Details

Closed on
Feb 17, 2017
Sold by
Rosencrance Christie L
Bought by
Henes James L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carbon Holdings Llc -- None Listed On Document
Qilin Group Llc $130,875 None Available
Agreement And Declaration Of Trust $24,875 None Available
Rosencrance Christie L -- None Available
Henes James L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carbon Holdings Llc $105,000
Previous Owner Agreement And Declaration Of Trust $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2018 01/02/18 Sold $24,875 -46.5% $11 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $46,500 -- $20 / Sq Ft
Source: MLS Now

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 $5,984 $25,918 $4,890 $21,028
2024 $2,228 $25,918 $4,890 $21,028
2023 $5,984 $25,918 $4,890 $21,028
2022 $1,521 $15,246 $2,877 $12,369
2021 $1,654 $15,246 $2,877 $12,369
2020 $1,506 $15,250 $2,880 $12,370
2019 $1,254 $10,380 $3,570 $6,810
2018 $1,189 $10,380 $3,570 $6,810
2017 $1,235 $10,380 $3,570 $6,810
2016 $1,236 $12,220 $4,160 $8,060
2015 $1,235 $12,220 $4,160 $8,060
2014 $1,228 $12,220 $4,160 $8,060
2013 $1,212 $12,270 $4,160 $8,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3938943

MLS Now

APN: 67-05680

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