NOT LISTED FOR SALE

Estimated Value: $114,382 - $140,000

5 Beds
3 Baths
2,241 Sq Ft
$56/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $95,000 $42 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $774/month

27 Days on Market

Highlights

  • Forced Air Heating System
  • Property is Fully Fenced
  • 5-minute walk to Bailey Oglesby Park
  • Baseboard Heating

About This Home

As of July 2022

3 unit investment opportunity! This property offers positive cash flow with long term tenants in each apartment. Unit #1 offers 1 bedroom, 1 bath, a dining room plus a living room with fireplace. Unit #2 includes 3 bedrooms and a full bath and Unit #3 features a studio layout. All tenants have access to the fenced backyard and off street parking in the drive. This is an excellent income producing property in a convenient North Hill location that you'll want to add to your portfolio! Schedule your showing today.

Last Agent to Sell the Property

Jose Medina

Keller Williams Legacy Group Realty License #2002013465 Listed on: 04/28/2022

Keller Williams Legacy Group Realty

Last Buyer's Agent

Mary Markulis

The Agency Cleveland Northcoast License #2003017990

The Agency Cleveland Northcoast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1894

Lot Details

  • 8,111 Sq Ft Lot
  • Property is Fully Fenced
  • Chain Link Fence
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,241 Sq Ft Home
  • 2-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 gas
  • The owner pays for electric, water
  • Assessor Parcel Number 6753890

Community Details

Overview

  • 3 Units
  • Seiber & Seiberling Allotment Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$994

Year Built

Built in 1894

Lot Details

8,111 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 42.39
  • Estimated Price per Sq Ft: 42.39
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2241
  • Year Built: 1894
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1894

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2241.00
  • Sq Ft Approx Total Finished: 2241.00

Exterior Features

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

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Seiber & Seiberling Allotment

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1862
  • Parcel Number: 6753890

Rental Info

  • Owner Pays: Electric, Water
  • Tenant Pays: Gas

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 15, 2022
Sold by
Sr Sr Inc
Bought by
Caw Rentals Llc
Seller's Agent
Jose Medina
Keller Williams Legacy Group Realty
Buyer's Agent
Mary Markulis
The Agency Cleveland Northcoast
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$124,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,846
Avg. Annual Appreciation
7.71%
Original Mortgage
$76,000
Outstanding Balance
$71,881
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$52,965

Purchase Details

Closed on
May 24, 2004
Sold by
Charter One Credit Corp
Bought by
Sr Sr Inc

Purchase Details

Closed on
Aug 25, 2003
Sold by
Poe Eric W and Poe Eric
Bought by
Charter One Credit Corp and Equity One Credit Corp

Purchase Details

Closed on
Jun 28, 1999
Sold by
Keith Douglas C and Keith Sally A
Bought by
Poe Eric and Poe Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 26, 1995
Sold by
Clemente Leslie P
Bought by
Middendorf Jon K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Caw Rentals Llc $95,000 Chicago Title
Sr Sr Inc $56,900 --
Charter One Credit Corp $40,000 Real Estate Title
Poe Eric $42,510 --
Middendorf Jon K $10,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caw Rentals Llc $76,000
Previous Owner Poe Eric $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $95,000 -4.9% $42 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $99,900 0.0% $45 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $99,900 -- $45 / 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 $1,404 $22,975 $6,962 $16,013
2023 $1,404 $22,975 $6,962 $16,013
2022 $1,000 $13,514 $4,095 $9,419
2021 $995 $13,412 $4,095 $9,317
2020 $981 $13,420 $4,100 $9,320
2019 $1,298 $16,570 $4,060 $12,510
2018 $1,282 $16,570 $4,060 $12,510
2017 $1,302 $16,570 $4,060 $12,510
2016 $1,303 $16,570 $4,060 $12,510
2015 $1,302 $16,570 $4,060 $12,510
2014 $1,292 $16,570 $4,060 $12,510
2013 $1,319 $17,310 $4,060 $13,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4368330

MLS Now

APN: 67-53890

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