NOT LISTED FOR SALE

601 Franklin Ave Kent, OH 44240

Kent Area

Estimated Value: $195,873 - $275,000

5 Beds
3 Baths
2,032 Sq Ft
$110/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2018

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

Est. 95% increase in value since last sale

Current estimated payment $1,479 / mo

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

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

5,998 Sq Ft Lot

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 14, 2018
Sold by
Bought by
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
$224,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,218
Avg. Annual Appreciation
8.81%
Original Mortgage
$86,250
Interest Rate
0.045%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 8, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$115,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,132 $67,060 $6,230 $60,830
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

    51 Total Sales

    Jeff Hunt
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4008196

MLS Now

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

Ohio Portage County Kent 44240

601 Franklin Ave, Kent, OH

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.