NOT LISTED FOR SALE

601 Franklin Ave Kent, OH 44240

Franklin Neighborhood

Estimated Value: $188,346 - $297,000

5 Beds
3 Baths
2,032 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $115,000 $57 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,529/month

28 Days on Market

About This Home

As of August 2018

Licensed 3 unit rental close to town and campus. All utilities are separately metered. Newer roof, vinyl siding, rear porch, hot water tanks, electrical panel boxes, gutters and windows. Good cash flow! Two of the units already rented for next year.

Last Agent to Sell the Property

Jeff Hunt

W.W. Reed And Son License #238318 Listed on: 06/12/2018

Last Buyer's Agent

Jeff Hunt

W.W. Reed And Son License #238318 Listed on: 06/12/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1900

Lot Details

  • 5,998 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Kent Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, water
  • Assessor Parcel Number 17-012-10-00-040-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,650

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 56.59
  • Estimated Price per Sq Ft: 56.59
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2032
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 2032.00
  • Sq Ft Approx Total Finished: 2032.00

Exterior Features

  • Exterior: Vinyl
  • 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: Kent

Fee Information

  • Op Expenses: 9300.00

Schools

  • School District: Kent CSD
  • School District: Kent CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1377
  • Parcel Number: 17-012-10-00-040-000

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Gas, Water

Multi Family

  • Unit Count: 3
  • Gross Income: 19800.00
  • Net Income: 10500.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 14, 2018
Sold by
Franklin House Properties Llc
Bought by
One Rockmaddie Llc
Seller's Agent
Jeff Hunt
W.W. Reed And Son
Buyer's Agent
Jeff Hunt
W.W. Reed And Son
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%
Current Estimated Value
$232,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,319
Avg. Annual Appreciation
10.03%
Original Mortgage
$86,250
Outstanding Balance
$75,829
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$148,428

Purchase Details

Closed on
Feb 8, 2002
Sold by
Apel Brueggeman Myrna L and Apel Myrna
Bought by
Franklin House Properties Llc

Purchase Details

Closed on
Nov 24, 1987
Bought by
Apel Myrna
Source: Public Records

Range of Values:

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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
One Rockmaddie Llc $115,000 None Available
Franklin House Properties Llc -- --
Apel Myrna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Rockmaddie Llc $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $115,000 -17.8% $57 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $139,900 -- $69 / 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
2024 $3,084 $67,060 $6,230 $60,830
2023 $2,802 $49,420 $6,230 $43,190
2022 $2,800 $49,420 $6,230 $43,190
2021 $2,805 $49,420 $6,230 $43,190
2020 $2,562 $40,250 $6,230 $34,020
2019 $2,563 $40,250 $6,230 $34,020
2018 $2,650 $36,090 $6,510 $29,580
2017 $2,650 $36,090 $6,510 $29,580
2016 $2,700 $36,090 $6,510 $29,580
2015 $2,764 $36,090 $6,510 $29,580
2014 $3,009 $36,090 $6,510 $29,580
2013 $2,978 $36,090 $6,510 $29,580
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeff Hunt

    W.W. Reed And Son

    (330) 678-6692

    2 in this area

    62 Total Sales

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Map

Source: MLS Now

MLS Number: 4008196

MLS Now

APN: 17-012-10-00-040-000

Ohio Portage County Kent 44240 Franklin

601 Franklin Ave, Kent, OH

This home is located at 601 Franklin Ave, Kent, OH 44240 since 12 June 2018 and is currently estimated at $232,587, approximately $114 per square foot. This property was built in 1900. 601 Franklin Ave is a home located in Portage County with nearby schools including Holden Elementary School, Stanton Middle School, and Theodore Roosevelt High School.

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.

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