NOT LISTED FOR SALE

653 Sherman St Akron, OH 44311

Downtown Akron Neighborhood

Estimated Value: $94,000 - $127,000

4 Beds
2 Baths
1,604 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $82,500 $51 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $797/month

35 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 1-minute walk to Thornton Park
  • Home Security System

About This Home

As of December 2019

Great investment property with rental income of $800 upstairs and $825 downstairs. Upstairs leased through July 2020. Downstairs just vacated. Owner pays water,sewer, trash, heat and electric.

Last Agent to Sell the Property

Shirley Ryan

Tarter Realty License #2008001912 Listed on: 09/04/2019

Tarter Realty

Last Buyer's Agent

Bryan Garra

EXP Realty, LLC. License #2017001083

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1910

Lot Details

  • 7,200 Sq Ft Lot
  • Chain Link Fence
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Voris & Steinbachers Add Community

Listing and Financial Details

  • The owner pays for electric, gas, sewer, trash collection, water
  • Assessor Parcel Number 6848529

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,149

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1910
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Security System, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished

Exterior Features

  • Exterior: Vinyl
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Voris & Steinbachers Add

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1653
  • Parcel Number: 6848529

Rental Info

  • Owner Pays: Electric, Gas, Sewer, Trash Collection, Water

Multi Family

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

Tax Info

  • Tax: 1149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 26, 2019
Sold by
Metzger Brent W and Metzger Linda L
Bought by
Chung Phuoc M
Seller's Agent
Shirley Ryan
Tarter Realty
Buyer's Agent
Bryan Garra
EXP Realty, LLC.
List Price
$89,900
Sold Price
$82,500
Premium/Discount to List
-$7,400
-8.23%
Current Estimated Value
$114,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,330
Avg. Annual Appreciation
5.47%
Original Mortgage
$61,875
Outstanding Balance
$54,903
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$56,853

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 25, 2019
Sold by
Chung Phuoc M
Bought by
Blue Nile Estates Llc
Seller's Agent
Shirley Ryan
Tarter Realty
Buyer's Agent
Bryan Garra
EXP Realty, LLC.
List Price
$89,900
Sold Price
$82,500
Premium/Discount to List
-$7,400
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Outstanding Balance
$54,903
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$56,853

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 17, 2015
Sold by
Nolze Michael J and Nolze Jasna
Bought by
Metzger Linda L and Metzger Brent W
Seller's Agent
Michael Kaim
Real of Ohio
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$40,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 3, 2006
Sold by
Nolze Michael J
Bought by
Nolze Michael J and Nolze Jasna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2002
Sold by
Gabriel Darrell W
Bought by
Nolze Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,200
Interest Rate
6.39%
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
Chung Phuoc M $82,500 Fireland Title
Blue Nile Estates Llc -- Accommodation
Metzger Linda L $50,000 Enterprise Title
Nolze Michael J -- None Available
Nolze Michael J $65,550 Midland Commerce Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Phuoc M $61,875
Previous Owner Metzger Linda L $40,000
Previous Owner Nolze Michael J $72,000
Previous Owner Nolze Michael J $62,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $82,500 -8.2% $51 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $89,900 +79.8% $56 / Sq Ft
06/19/2015 06/19/15 Sold $50,000 -9.1% $31 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $55,000 -- $34 / 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 $2,014 $36,527 $7,564 $28,963
2024 $2,014 $36,527 $7,564 $28,963
2023 $2,014 $36,527 $7,564 $28,963
2022 $1,743 $24,662 $5,009 $19,653
2021 $1,745 $24,662 $5,009 $19,653
2020 $1,693 $24,660 $5,010 $19,650
2019 $1,160 $14,940 $3,870 $11,070
2018 $1,145 $14,940 $3,870 $11,070
2017 $1,251 $14,940 $3,870 $11,070
2016 $1,233 $14,940 $3,870 $11,070
2015 $1,251 $14,940 $3,870 $11,070
2014 $1,242 $14,940 $3,870 $11,070
2013 -- $16,570 $3,870 $12,700
Source: Public Records

Agents Affiliated with this Home

  • Shirley Ryan

    Seller's Agent in 2019

    Shirley Ryan

    Tarter Realty

    (330) 221-3585

    1 in this area

    447 Total Sales

    Section Image
  • Bryan Garra

    Buyer's Agent in 2019

    Bryan Garra

    EXP Realty, LLC.

    (330) 347-8481

    7 in this area

    306 Total Sales

    Section Image
  • Michael Kaim

    Seller's Agent in 2015

    Michael Kaim

    Real of Ohio

    (440) 228-8046

    1 in this area

    1,558 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Donna Shimp

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4130944

MLS Now

APN: 68-48529

Ohio Summit County Akron 44311 Downtown Akron

653 Sherman St, Akron, OH

This home is located at 653 Sherman St, Akron, OH 44311 since 04 September 2019 and is currently estimated at $109,548, approximately $68 per square foot. This property was built in 1910. 653 Sherman St is a home located in Summit County with nearby schools including North High School, Main Preparatory Academy, and St. Bernard-St. Mary Elementary School.

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.

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