NOT LISTED FOR SALE
8 Beds
4 Baths
6,048 Sq Ft
4,360 Sq Ft Lot

Sale Details

Date Sold: February 28, 2020

Last sale price $201,000 $33 Per Sq Ft

5 Days on Market

About This Home

As of February 2020

An excellent turn key investment in the highly sought after Highland Square neighborhood of Akron. This all brick 4 unit is 100% occupied, and has a gross income of $28,200 per year, with over an 11% cap rate. Each unit has been updated. The roof was replaced in 2019. The basement was fully waterproofed in 2019 by Esterle Construction.

Last Agent to Sell the Property

Jacob Coker

Keller Williams Chervenic Rlty License #2002022277 Listed on: 02/05/2020

Keller Williams Chervenic Rlty

Last Buyer's Agent

Jennifer Pinto

Deleted Agent License #2016002958

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,624

Year Built

  • Built in 1927

Lot Details

  • 4,360 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 6,048 Sq Ft Home
  • 4-Story Property

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6710733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,624

Year Built

Built in 1927

Lot Details

4,360 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 33.23
  • Estimated Price per Sq Ft: 33.23
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 6048
  • Year Built: 1927
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator, Sump Pump
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 6048.00
  • Sq Ft Approx Total Finished: 6048.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Fee Information

  • Op Expenses: 5704.00

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1001
  • Parcel Number: 6710733

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 28200.00
  • Net Income: 22497.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2624

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Feb 27, 2020
Sold by
Bought by
Seller's Agent
Jacob Coker
Keller Williams Chervenic Rlty
Buyer's Agent
Jennifer Pinto
Deleted Agent
List Price
$200,000
Sold Price
$201,000
Premium/Discount to List
$1,000
0.5%

Purchase Details

Closed on
Jun 20, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$201,000 New Title Company Name
$67,000 None Available
-- None Available
$39,197 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $194,261
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $201,000 +0.5% $33 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $200,000 -- $33 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,234 $73,200 $5,723 $67,477
2024 $5,912 $70,351 $5,723 $64,628
2023 $6,042 $70,351 $5,723 $64,628
2022 $6,042 $70,351 $5,723 $64,628
2021 $6,051 $70,351 $5,723 $64,628
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4165085

MLS Now
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