NOT LISTED FOR SALE

618 Stephens Rd Akron, OH 44312

Ellet Neighborhood

Estimated Value: $109,000 - $149,000

2 Beds
2 Baths
1,040 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $65,000 $62 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $847/month

123 Days on Market

About This Home

As of August 2019

Attention investor! Looking for property with a history of great cash flow? Look no further then 618-620 Stephens Rd! Units have been partially updated, with basements, washer/dryer hook up and attachted garage. Long term tenants pay $480 on each side! Located near the Dilly's and the Air Dock. Don't miss this opportunity!

Last Agent to Sell the Property

Mary Jo Kormushoff

Keller Williams Living License #2010000747 Listed on: 03/18/2019

Keller Williams Living

Last Buyer's Agent

Justin Aikens

Keller Williams Chervenic Rlty License #2012000353

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,184

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6708388

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

5,184 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 62.50
  • Estimated Price per Sq Ft: 62.50
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1040
  • Year Built: 1962
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1040.00
  • Sq Ft Approx Total Finished: 1040.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6708388

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
Coalition Investments Llc
Bought by
Fleming Todd M
Current Estimated Value
$125,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Outstanding Balance
$45,196
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$80,137

Purchase Details

Listed on
Mar 18, 2019
Closed on
Aug 30, 2019
Sold by
Dearman Linda
Bought by
Dadich Laura and Dearman Linda
Seller's Agent
Mary Jo Kormushoff
Keller Williams Living
Buyer's Agent
Justin Aikens
Keller Williams Chervenic Rlty
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Listed on
Mar 18, 2019
Closed on
Aug 23, 2019
Sold by
Dadich Laura and Dearman Linda
Bought by
Coalition Investments Llc
Seller's Agent
Mary Jo Kormushoff
Keller Williams Living
Buyer's Agent
Justin Aikens
Keller Williams Chervenic Rlty
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
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
Fleming Todd M -- Fireland Title
Dadich Laura -- None Available
Coalition Investments Llc $65,000 Fireland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Todd M $51,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $65,000 -7.0% $63 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $69,900 -12.5% $67 / Sq Ft
03/18/2019 03/18/19 For Sale $79,900 -- $77 / 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 $2,250 $39,677 $9,230 $30,447
2024 $2,250 $39,677 $9,230 $30,447
2023 $2,250 $39,677 $9,230 $30,447
2022 $2,188 $29,390 $6,836 $22,554
2021 $2,090 $29,390 $6,836 $22,554
2020 $2,324 $29,390 $6,840 $22,550
2019 $2,045 $26,490 $6,490 $20,000
2018 $2,019 $26,490 $6,490 $20,000
2017 $2,106 $26,490 $6,490 $20,000
2016 $2,107 $28,060 $6,490 $21,570
2015 $2,106 $28,060 $6,490 $21,570
2014 $2,089 $28,060 $6,490 $21,570
2013 $2,033 $27,870 $6,490 $21,380
Source: Public Records

Agents Affiliated with this Home

  • Mary Jo Kormushoff

    Seller's Agent in 2019

    Mary Jo Kormushoff

    Keller Williams Living

    (330) 351-3051

    7 in this area

    425 Total Sales

    Mary Jo Kormushoff
    Section Image
  • Justin Aikens

    Buyer's Agent in 2019

    Justin Aikens

    Keller Williams Chervenic Rlty

    (330) 388-2637

    4 in this area

    423 Total Sales

    Justin Aikens
    Section Image
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Map

Source: MLS Now

MLS Number: 4076759

MLS Now

APN: 67-08388

Ohio Summit County Akron 44312 Ellet

618 Stephens Rd, Akron, OH

Not Listed for Sale

MultiFamily

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