NOT LISTED FOR SALE

620 Madison Ave Akron, OH 44320

West Akron Neighborhood

Estimated Value: $86,000 - $123,000

4 Beds
2 Baths
2,428 Sq Ft
$45/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $97,000 $40 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $670/month

4 Days on Market

Highlights

  • City View
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot
  • Park
  • Laundry Facilities

About This Home

As of May 2022

Two spacious units have large living and dining rooms, updated baths plus additional room in each unit allows for family room, extra storage, etc. Lower unit updated December 2021 with paint and flooring. Fully occupied. Current monthly rents are $695 and $645. Property is being sold with 614 Madison which is a triplex. See MLS listing 4365103. Price for both units is 210,000.00. Tenants pay their own gas and electric which are all metered separately. Owner pays water, sewer, trash.

Last Agent to Sell the Property

Scott Killy

Keller Williams Legacy Group Realty License #2019006117 Listed on: 04/29/2022

Keller Williams Legacy Group Realty

Last Buyer's Agent

Robert Cole

RE/MAX Above & Beyond License #2016001279

RE/MAX Above & Beyond

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1925

Lot Details

  • 6,451 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Unpaved Streets

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,428 Sq Ft Home
  • 2-Story Property
  • City Views
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6718371

Community Details

Overview

  • 2 Units
  • Schumacher Community

Amenities

  • Laundry Facilities

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1925

Lot Details

6,451 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 39.95
  • Estimated Price per Sq Ft: 39.95
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2428
  • Year Built: 1925
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Common
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2428.00
  • Sq Ft Approx Total Finished: 2428.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • LaundryFeatures: Shared
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Schumacher

Schools

  • School District: Akron CSD

Lot Info

  • Lot Description: City Lot, Corner, Level/Flat
  • Lot Size Units: Acres
  • Acres: 0.1481
  • Parcel Number: 6718371

Rental Info

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

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 31, 2022
Sold by
Hymax Holdings Llc
Bought by
Inkwell Investments Llc
Seller's Agent
Scott Killy
Keller Williams Legacy Group Realty
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$95,000
Sold Price
$97,000
Premium/Discount to List
$2,000
2.11%
Current Estimated Value
$110,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,333
Avg. Annual Appreciation
3.52%

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 27, 2022
Sold by
Hymax Holdings Llc
Bought by
Inkwell Investments Llc
Seller's Agent
Scott Killy
Keller Williams Legacy Group Realty
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$95,000
Sold Price
$97,000
Premium/Discount to List
$2,000
2.11%

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jul 31, 2018
Sold by
Kennerly Darnell
Bought by
Hymax Holdings Llc
Seller's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
Buyer's Agent
Kelly Minard
ProHelp Kelly Real Estate
List Price
$51,900
Sold Price
$45,000
Premium/Discount to List
-$6,900
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%
Original Mortgage
$45,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 10, 2013
Sold by
Colemann Corene and Coleman Marian D
Bought by
Kennerly Darnell
Seller's Agent
Princess Mitchell
Deleted Agent
Buyer's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
List Price
$39,900
Sold Price
$20,000
Premium/Discount to List
-$19,900
-49.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.04%
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
Inkwell Investments Llc $97,000 Dixon Robyn R
Inkwell Investments Llc $97,000 Dixon Robyn R
Hymax Holdings Llc $45,000 Omega Title Agency Llci
Kennerly Darnell $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hymax Holdings Llc $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $97,000 +2.1% $40 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $95,000 +111.1% $39 / Sq Ft
08/02/2018 08/02/18 Sold $45,000 -13.3% $19 / Sq Ft View Prior Sale
07/03/2018 07/03/18 Pending -- -- --
06/02/2017 06/02/17 For Sale $51,900 +15.3% $22 / Sq Ft
05/30/2017 05/30/17 Off Market $45,000 -- --
01/20/2017 01/20/17 Price Changed $51,900 -16.2% $22 / Sq Ft
11/30/2016 11/30/16 For Sale $61,900 +209.5% $26 / Sq Ft
09/13/2013 09/13/13 Sold $20,000 -49.9% $8 / Sq Ft View Prior Sale
07/28/2013 07/28/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $39,900 -- $17 / 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
2024 $1,212 $18,788 $3,563 $15,225
2023 $1,212 $18,788 $3,563 $15,225
2022 $1,134 $13,619 $2,545 $11,074
2021 $1,112 $13,269 $2,545 $10,724
2020 $1,098 $13,270 $2,550 $10,720
2019 $728 $6,940 $3,960 $2,980
2018 $792 $6,940 $3,960 $2,980
2017 $855 $6,940 $3,960 $2,980
2016 $855 $7,000 $3,960 $3,040
2015 $855 $7,000 $3,960 $3,040
2014 $1,719 $15,840 $3,960 $11,880
2013 $1,583 $18,240 $3,960 $14,280
Source: Public Records

Agents Affiliated with this Home

  • Scott Killy

    Seller's Agent in 2022

    Scott Killy

    Keller Williams Legacy Group Realty

    (330) 600-7535

    2 in this area

    224 Total Sales

    Scott Killy
    Section Image
  • Robert Cole

    Buyer's Agent in 2022

    Robert Cole

    RE/MAX

    (440) 241-5221

    3 in this area

    275 Total Sales

    Robert Cole
    Section Image
  • Richard Burroughs

    Seller's Agent in 2018

    Richard Burroughs

    H & R Burroughs Realty, Inc.

    (330) 351-2367

    32 in this area

    137 Total Sales

    Richard Burroughs
    Section Image
  • Kelly Minard

    Buyer's Agent in 2018

    Kelly Minard

    ProHelp Kelly Real Estate

    (330) 827-2647

    21 Total Sales

    Kelly Minard
    Section Image

  • P

    Seller's Agent in 2013

    Princess Mitchell

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4367036

MLS Now

APN: 67-18371

Ohio Summit County Akron 44320 West Akron

620 Madison Ave, Akron, OH

Not Listed for Sale

MultiFamily

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