NOT LISTED FOR SALE

605 E Buchtel Ave Akron, OH 44304

Downtown Akron Neighborhood

Estimated Value: $167,000 - $336,000

5 Beds
3 Baths
3,120 Sq Ft
$76/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $196,000 $63 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,427/month

26 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • Partially Fenced Property

About This Home

As of April 2023

Opportunity to own off-campus housing with five bedrooms, three full bathrooms, original woodwork, and onsite parking. Upgrades since 2017 include new electrical wiring, PEX plumbing, insulation, vinyl siding, and remodeled kitchen & bathrooms. Currently configured as a 2-unit, but can be a functional 3-unit. Please call agent for details.

Last Agent to Sell the Property

Jack Marsillo

Cutler Real Estate License #2002000007 Listed on: 02/22/2023

Cutler Real Estate

Last Buyer's Agent

Daniel Salmons

Deleted Agent License #2003002403

Deleted Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1892

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,120 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6840369

Community Details

Overview

  • 2 Units
  • Brown Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,349

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 62.82
  • Estimated Price per Sq Ft: 62.82
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 3120
  • Year Built: 1892
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1892

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 3120.00
  • Sq Ft Approx Total Finished: 3120.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Electric, Gas
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Brown

Fee Information

  • Op Expenses: 6350.00

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2100
  • Parcel Number: 6840369

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric

Multi Family

  • Unit Count: 2
  • Gross Income: 24000.00
  • Net Income: 17650.00
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 2349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 18, 2023
Sold by
Beaui Llc
Bought by
Utter Charles
Seller's Agent
Jack Marsillo
Cutler Real Estate
Buyer's Agent
Daniel Salmons
Deleted Agent
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%
Views
62
Current Estimated Value
$236,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,508
Avg. Annual Appreciation
7.21%
Original Mortgage
$147,000
Outstanding Balance
$143,011
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$93,497

Purchase Details

Listed on
May 23, 2016
Closed on
Feb 24, 2017
Sold by
Deitch Rentals Buchtel Llc
Bought by
Beaui Llc
Seller's Agent
Eric Cooper
Coldwell Banker Schmidt Realty
Buyer's Agent
Jack Marsillo
Cutler Real Estate
List Price
$78,499
Sold Price
$65,500
Premium/Discount to List
-$12,999
-16.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%

Purchase Details

Closed on
Dec 17, 2010
Sold by
Deitch Melanie R
Bought by
Deitch Rentals Buchtel Llc

Purchase Details

Closed on
Mar 28, 2003
Sold by
West Martin J and West Denise R
Bought by
Deitch Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Interest Rate
5.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Utter Charles $196,000 Ohio Real Title
Beaui Llc $65,500 None Available
Deitch Rentals Buchtel Llc -- Attorney
Deitch Melanie $79,000 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utter Charles $147,000
Previous Owner Deitch Melanie $77,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2023 04/18/23 Sold $196,000 -2.0% $63 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $199,900 +205.2% $64 / Sq Ft
03/07/2017 03/07/17 Sold $65,500 -16.6% $21 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
05/23/2016 05/23/16 For Sale $78,499 -- $25 / 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 $2,254 $35,550 $9,128 $26,422
2024 $2,254 $35,550 $9,128 $26,422
2023 $2,254 $39,981 $9,128 $30,853
2022 $2,349 $32,844 $7,483 $25,361
2021 $2,351 $32,844 $7,483 $25,361
2020 $2,317 $32,840 $7,480 $25,360
2019 $1,819 $22,970 $8,410 $14,560
2018 $1,797 $22,970 $8,410 $14,560
2017 $3,283 $22,970 $8,410 $14,560
2016 $1,825 $22,970 $8,410 $14,560
2015 $3,283 $34,850 $10,410 $24,440
2014 $3,242 $34,850 $10,410 $24,440
2013 $2,474 $23,680 $8,850 $14,830
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jack Marsillo

    Cutler Real Estate

    (330) 836-9141

    1 in this area

    28 Total Sales

    Jack Marsillo
    Section Image

  • D

    Buyer's Agent in 2023

    Daniel Salmons

    Deleted Agent

    Section Image
  • Eric Cooper

    Seller's Agent in 2017

    Eric Cooper

    Coldwell Banker Schmidt Realty

    (330) 696-2068

    3 in this area

    156 Total Sales

    Eric Cooper
    Section Image
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Map

Source: MLS Now

MLS Number: 4439826

MLS Now

APN: 68-40369

Ohio Summit County Akron 44304 Downtown Akron

605 E Buchtel Ave, Akron, OH

Not Listed for Sale

MultiFamily

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