NOT LISTED FOR SALE

Estimated Value: $93,000 - $114,000

2 Beds
2 Baths
1,284 Sq Ft
$82/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $72,000 $56 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $705/month

49 Days on Market

Highlights

  • Forced Air Heating System
  • East Facing Home
  • 4-minute walk to Boss Park

About This Home

As of January 2022

Close to University of Akron, this up/down 2 unit is well maintained and just vacated to prepare to sell. Lower unit rents for $ 905, while the upper efficiency rents for $ 550. Owner pays most utilities, while tenants pay for cable/internet. Nice graveled off street parking. Lower unit offers nice sized living room and bedroom, huge eat-in kitchen and nice bath with laundry hookups available. Upper unit is efficiency with nice sized bathroom and kitchen with stove and refrigerator.

Last Agent to Sell the Property

Richard Woods

Key Realty License #2004005090 Listed on: 10/22/2021

Key Realty

Last Buyer's Agent

Blake Park

REAFCO License #2020007667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1894

Lot Details

  • 4,356 Sq Ft Lot
  • East Facing Home
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,284 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Voris & Steinbacher Allotment Community

Listing and Financial Details

  • Tenant pays for cable/electric link
  • The owner pays for electric, gas, sewer, trash collection, water
  • Assessor Parcel Number 6812931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,252

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 56.07
  • Estimated Price per Sq Ft: 56.07
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1284
  • Year Built: 1894
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1894

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1284.00
  • Sq Ft Approx Total Finished: 1284.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Voris & Steinbacher Allotment

Fee Information

  • Op Expenses: 6787.00

Schools

  • School District: Akron CSD
  • School District: Akron CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.1000
  • Parcel Number: 6812931

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 17460.00
  • Net Income: 10673.00
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2017
Sold by
Middlebury Banc Inc
Bought by
Koerner Frederick P
Current Estimated Value
$104,921

Purchase Details

Closed on
Mar 3, 2017
Sold by
Sing Ranjit
Bought by
Middlebury Banc Inc

Purchase Details

Closed on
Jan 11, 2012
Sold by
Koerner Frederick P
Bought by
Farnal Glaiza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 14, 2011
Sold by
Me Ck Inc
Bought by
Singh Ranjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,300
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2009
Sold by
Mk Mk Inc
Bought by
Me Ck Inc

Purchase Details

Closed on
Feb 12, 2007
Sold by
Lanham Virginia L and Donofrio John A
Bought by
Mk Mk Inc

Purchase Details

Closed on
Aug 15, 1994
Sold by
Lanham Russell D
Bought by
Lanham Virginia L
Source: Public Records

Range of Values:

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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
Koerner Frederick P $16,000 Buckeye Reserve Title Agency
Middlebury Banc Inc $800 None Available
Farnal Glaiza $72,000 Landsel Title Agency Inc
Singh Ranjit $19,300 None Available
Me Ck Inc $15,000 Attorney
Mk Mk Inc $9,700 None Available
Lanham Virginia L $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farnal Glaiza $54,000
Previous Owner Singh Ranjit $7,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $72,000 -14.8% $56 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $84,500 -- $66 / 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 $1,811 $28,679 $5,838 $22,841
2024 $1,811 $28,679 $5,838 $22,841
2023 $1,811 $28,679 $5,838 $22,841
2022 $1,405 $18,995 $3,868 $15,127
2021 $1,407 $18,995 $3,868 $15,127
2020 $1,387 $19,000 $3,870 $15,130
2019 $685 $7,580 $2,980 $4,600
2018 $677 $7,580 $2,980 $4,600
2017 $934 $7,580 $2,980 $4,600
2016 $1,113 $7,580 $2,980 $4,600
2015 $934 $7,580 $2,980 $4,600
2014 $1,434 $7,580 $2,980 $4,600
2013 $1,114 $8,380 $2,980 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4327840

MLS Now

APN: 68-12931