NOT LISTED FOR SALE

593 Koerber Ave Unit 595A Akron, OH 44314

Kenmore Neighborhood

Estimated Value: $91,769 - $117,000

4 Beds
2 Baths
1,752 Sq Ft
$60/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $105,500 $60 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $654/month

7 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property
  • Window Unit Cooling System

About This Home

As of May 2024

A truly attractive income property. Conveniently located in Akron's Kenmore neighborhood near highway access, metro access, retail, businesses, this 2-unit offers an attractive return. 2 units are side by side upstairs. As a Raised Ranch, 2 car garage underneath. Nice size private back yard. As part of estate, being offered at attractive price for quick transfer. See attached Pro Forma APOD, estimated 10.3% CAP at list price, values at $120,000

Last Agent to Sell the Property

Eric Wachtel

Howard Hanna Brokerage Email: EricWachtel@HowardHanna.com (330) 328-2862 License #2002009323 Listed on: 11/24/2023

Howard Hanna

Last Buyer's Agent

Roger Takla

Howard Hanna License #2003007737

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1966

Lot Details

  • 6,251 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • No Laundry Facilities
  • Net Operating Income $13,100

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for electricity, gas
  • Assessor Parcel Number 6709837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,694

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1966
  • Attribution Contact: EricWachtel@HowardHanna.com (330) 328-2862
  • ResoSpecialListingConditions: Estate
  • Above Grade Finished Sq Ft: 1352.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 400.0
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1435
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Garage, Paved

Utilities

  • LaundryFeatures: None
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6709837
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 18000.0
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1694.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
May 14, 2024
Sold by
Butler Timothy J and Nase Violeta
Bought by
Winstead Kevin Russell
Seller's Agent
Eric Wachtel
Howard Hanna
Buyer's Agent
Roger Takla
Howard Hanna
List Price
$99,000
Sold Price
$105,500
Premium/Discount to List
$6,500
6.57%
Views
27
Current Estimated Value
$104,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,058
Avg. Annual Appreciation
-0.73%
Original Mortgage
$84,000
Outstanding Balance
$82,809
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$21,633

Purchase Details

Closed on
Aug 9, 1996
Sold by
Bost Gary E
Bought by
Butler Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,200
Interest Rate
8.33%
Mortgage Type
New Conventional
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
Winstead Kevin Russell $105,000 None Listed On Document
Butler Timothy J $70,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winstead Kevin Russell $84,000
Previous Owner Butler Timothy J $62,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $105,500 0.0% $60 / Sq Ft
11/29/2023 11/29/23 Off Market $105,500 -- --
11/29/2023 11/29/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $99,000 -- $57 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $1,173 $20,524 $4,991 $15,533
2024 $1,173 $20,524 $4,991 $15,533
2023 $1,173 $20,524 $4,991 $15,533
2022 $1,303 $18,075 $4,379 $13,696
2021 $1,305 $18,075 $4,379 $13,696
2020 $1,286 $18,080 $4,380 $13,700
2019 $1,880 $24,620 $4,230 $20,390
2018 $1,856 $24,620 $4,230 $20,390
2017 $1,915 $24,620 $4,230 $20,390
2016 $1,917 $25,340 $4,230 $21,110
2015 $1,915 $25,340 $4,230 $21,110
2014 $2,004 $25,340 $4,230 $21,110
2013 $1,862 $25,340 $4,230 $21,110
Source: Public Records

Agents Affiliated with this Home

  • Eric Wachtel

    Seller's Agent in 2024

    Eric Wachtel

    Howard Hanna

    (330) 328-2862

    1 in this area

    138 Total Sales

    Eric Wachtel
    Section Image
  • Roger Takla

    Buyer's Agent in 2024

    Roger Takla

    Howard Hanna

    (330) 730-1880

    2 in this area

    121 Total Sales

    Roger Takla
    Section Image
See All Agents

Map

Source: MLS Now (Howard Hanna)

MLS Number: 4505995

MLS Now (Howard Hanna)

APN: 67-09837

Ohio Summit County Akron 44314 Kenmore

593 Koerber Ave Unit 595A, Akron, OH

This home is located at 593 Koerber Ave Unit 595A, Akron, OH 44314 since 24 November 2023 and is currently estimated at $104,442, approximately $59 per square foot. This property was built in 1966. 593 Koerber Ave Unit 595A is a home located in Summit County with nearby schools including Sam Salem Community Learning Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now (Howard Hanna) Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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