NOT LISTED FOR SALE

692 Corley St Akron, OH 44306

Middlebury Neighborhood

Estimated Value: $92,000 - $165,000

5 Beds
2 Baths
1,745 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $95,000 $54 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $771/month

4 Days on Market

Highlights

  • 0.23 Acre Lot
  • Home Security System
  • Forced Air Heating and Cooling System
  • 4 Car Detached Garage

About This Home

As of July 2017

Attention Investors! This multi-family property would make a great addition to an investment portfolio or a savvy student looking for payments less they'd pay for rent. Two homes on one lot. The front house has 5 bedrooms and 2 bathrooms. There is a lease in place for $1440/month that ends July 2018! Central A/C is brand new, as well as updated electrical. The back house has 2 bedrooms and 1 bathroom. There is a lease in place for $650/month that ends July 2018! Brand new heater, hot water tank, and central A/C! After taxes and insurance, that's a 21% cap rate! There is also a 4 car garage in the back of property that can be used for storage or addition income. This property has amazing cash flow potential. Located blocks away from the University of Akron. Call today for your private showing!

Last Agent to Sell the Property

Ryan Balko

Deleted Agent License #2017000822 Listed on: 05/31/2017

Last Buyer's Agent

Carly Bailey

Deleted Agent License #2010003307

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1916

Lot Details

  • 9,901 Sq Ft Lot
  • Unpaved Streets

Parking

  • 4 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,745 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units
  • Akron Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6831580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,464

Year Built

Built in 1916

Lot Details

9,901 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 54.44
  • Estimated Price per Sq Ft: 54.44
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1745
  • Year Built: 1916
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1916

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Security System, Smoke Detector, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1745.00
  • Sq Ft Approx Total Finished: 1745.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 4

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Akron

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2273
  • Parcel Number: 6831580

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 1464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Aug 3, 2017
Sold by
8 Lights Llc
Bought by
City Fund Llc
Seller's Agent
Ryan Balko
Deleted Agent
Buyer's Agent
Carly Bailey
Deleted Agent
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$125,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,369
Avg. Annual Appreciation
3.27%

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 6, 2017
Sold by
Balko Ryan and Balko Rachel C
Bought by
8 Lights Llc
Seller's Agent
Ryan Balko
Deleted Agent
Buyer's Agent
Carly Bailey
Deleted Agent
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Purchase Details

Closed on
Jun 22, 2016
Sold by
Bucciero Investments Llc
Bought by
Balko Ryan and Balko Rachel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2009
Sold by
Slawter Gerald B and Slawter Anita J
Bought by
Bucciero Investments Llc
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
City Fund Llc -- None Available
8 Lights Llc $95,000 First American Title Ins Co
Balko Ryan $78,000 None Available
Bucciero Investments Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balko Ryan $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $95,000 -4.9% $54 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $99,900 -- $57 / 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 $3,797 $31,329 $5,320 $26,009
2024 $1,781 $31,329 $5,320 $26,009
2023 $3,797 $31,329 $5,320 $26,009
2022 $1,671 $22,992 $3,801 $19,191
2021 $1,673 $22,992 $3,801 $19,191
2020 $1,649 $22,990 $3,800 $19,190
2019 $1,523 $20,000 $5,770 $14,230
2018 $1,503 $20,000 $5,770 $14,230
2017 $1,693 $20,000 $5,770 $14,230
2016 $1,464 $18,210 $5,770 $12,440
2015 $1,693 $18,210 $5,770 $12,440
2014 $1,452 $18,210 $5,770 $12,440
2013 $1,348 $17,130 $5,770 $11,360
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Balko

    Deleted Agent

  • C

    Buyer's Agent in 2017

    Carly Bailey

    Deleted Agent

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Map

Source: MLS Now

MLS Number: 3908742

MLS Now

APN: 68-31580

Ohio Summit County Akron 44306 Middlebury

692 Corley St, Akron, OH

Not Listed for Sale

MultiFamily

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