NOT LISTED FOR SALE

721 Mallison Ave Akron, OH 44307

Sherbondy Hill Neighborhood

Estimated Value: $69,000 - $94,000

4 Beds
2 Baths
2,029 Sq Ft
$41/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $51,700 $25 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $516/month

23 Days on Market

About This Home

As of September 2022

Investment Homes - Four Income-Producing Properties - Two Single Family – Two Duplexes – Sold Separately - Online Bidding Available - ABSOLUTE AUCTION, all sells to the highest bidders. All four properties to be sold from one location: 736 Raymond St., Akron, OH 44307. ONLINE BIDDING BEGINS MONDAY – JULY 25, 2022 – 12:00 PM and AUCTION LIVE ON-SITE BIDDING WILL BEGIN THURSDAY – JULY 28, 2022 – 12:00 PM.
AUCTION #1: 116 W. LONG ST., AKRON 44301 – Parcel #6834165 – Three-bed, one-bath home featuring newer carpet, central air, and a recently updated kitchen and bathroom (MLS #4388684).
AUCTION #2: 736 RAYMOND ST., AKRON 44307 – Parcel #6725436 – Duplex featuring new boiler in 2020, with possible third unit (MLS #4388699).
AUCTION #3: 721 MALLISON AVE., AKRON 44307 – Parcel #6713520 – Duplex featuring newer roof, siding, and furnace in last 10 years (MLS #4388703).
AUCTION #4: 426 BARTGES ST., AKRON 44307 – Parcel #6823791 and 6832459 – Three-bed, one-bath home with newer windows and extra lot. (Both parcels in AUCTION #4 selling as an entirety) (MLS #4388708).
AUCTIONEER’S NOTE: Good rental history. The owner is downsizing their portfolio in preparation for retirement. Properties will be open for viewing on auction day starting at 10:30 AM. They will be sold bidders' choice to the highest bidders from AUCTION #2 location. For questions, contact the auctioneer.

Last Agent to Sell the Property

Gabe Cozy

Kiko License #2019001101 Listed on: 07/05/2022

Co-Listed By

Jack Kiko

Kiko License #2003007797

Last Buyer's Agent

Gabe Cozy

Kiko License #2019001101 Listed on: 07/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1913

Lot Details

  • 6,861 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,029 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Wettach Community

Listing and Financial Details

  • Assessor Parcel Number 6713520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$755

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 25.48
  • Estimated Price per Sq Ft: 25.48
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2029
  • Year Built: 1913
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1913

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2029.00
  • Sq Ft Approx Total Finished: 2029.00

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: Wettach

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1575
  • Parcel Number: 6713520

Multi Family

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

Tax Info

  • Tax: 755

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 24, 2022
Sold by
Preston Kevin K
Bought by
Levin Alex
Seller's Agent
Gabe Cozy
Kiko
Buyer's Agent
Gabe Cozy
Kiko
List Price
$51,700
Sold Price
$51,700
Views
1
Current Estimated Value
$82,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,522
Avg. Annual Appreciation
14.85%
Original Mortgage
$38,775
Outstanding Balance
$37,008
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$45,214

Purchase Details

Closed on
Jul 24, 2006
Sold by
Bank One Na
Bought by
Preston Kevin K

Purchase Details

Closed on
Apr 10, 2006
Sold by
Johnson Marilyn Nadine
Bought by
Bank One Na and The Amortizing Residential Collateral Tr

Purchase Details

Closed on
Mar 14, 2001
Sold by
Motley Williams Theresa
Bought by
Johnson Marilyn Nadine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
9.87%

Purchase Details

Closed on
Feb 2, 2000
Sold by
Curley Cade and Curley Hugh Dorsey
Bought by
Williams Theresa Motley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,175
Interest Rate
8.08%
Mortgage Type
Balloon
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
Levin Alex $51,700 --
Preston Kevin K $8,000 None Available
Bank One Na $36,000 None Available
Johnson Marilyn Nadine $70,000 Reliable Title Services
Williams Theresa Motley $38,900 Cathoor Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levin Alex $38,775
Previous Owner Johnson Marilyn Nadine $63,000
Previous Owner Williams Theresa Motley $29,175
Closed Williams Theresa Motley $7,780
Closed Johnson Marilyn Nadine $3,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $51,700 0.0% $25 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $51,700 -- $25 / 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
2024 $1,028 $15,859 $4,463 $11,396
2023 $1,028 $15,859 $4,463 $11,396
2022 $718 $9,328 $2,625 $6,703
2021 $719 $9,328 $2,625 $6,703
2020 $779 $9,330 $2,630 $6,700
2019 $1,047 $12,170 $3,060 $9,110
2018 $1,035 $12,170 $3,060 $9,110
2017 $997 $12,170 $3,060 $9,110
2016 $1,067 $12,400 $3,060 $9,340
2015 $997 $12,400 $3,060 $9,340
2014 $989 $12,400 $3,060 $9,340
2013 $970 $12,400 $3,060 $9,340
Source: Public Records

Agents Affiliated with this Home

  • Gabe Cozy

    Seller's Agent in 2022

    Gabe Cozy

    Kiko

    (330) 316-8229

    3 in this area

    104 Total Sales

    Gabe Cozy
    Section Image
  • Jack Kiko

    Seller Co-Listing Agent in 2022

    Jack Kiko

    Kiko

    (330) 206-0174

    3 in this area

    87 Total Sales

    Jack Kiko
    Section Image
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Map

Source: MLS Now

MLS Number: 4388703

MLS Now

APN: 67-13520

Ohio Summit County Akron 44307 Sherbondy Hill

721 Mallison Ave, Akron, OH

Not Listed for Sale

MultiFamily

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