NOT LISTED FOR SALE

741 Longacre Dr Unit 1-3 Akron, OH 44319

Portage Lakes Neighborhood

Estimated Value: $200,000 - $251,000

6 Beds
3 Baths
1,728 Sq Ft
$134/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $135,000 $78 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,627/month

62 Days on Market

About This Home

As of December 2019

Attention investors! Do not miss your chance to get this great investment opportunity! This 3-unit property has been recently updated and is now ready for a new owner. First time investors, you may want to live in one unit and rent the other 2, or for a seasoned investor looking to add to your portfolio. This property has passive cash flow coming in. Situated on a large double lot in the Coventry LSD and close to shopping, restaurants, Portage Lakes, golf and entertainment. Call today for a private showing.

Last Agent to Sell the Property

Bill Sloan

Berkshire Hathaway HomeServices Stouffer Realty License #384297 Listed on: 09/10/2019

Berkshire Hathaway HomeServices Stouffer Realty

Last Buyer's Agent

Kellie Voros

Deleted Agent License #2013004346

Deleted Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1958

Lot Details

  • 0.36 Acre Lot
  • Partially Fenced Property
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,728 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • 3 Units
  • Cormany Beach Estates Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for trash collection
  • Assessor Parcel Number 1907574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,175

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 78.12
  • Estimated Price per Sq Ft: 78.13
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1728
  • Year Built: 1958
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1728.00
  • Sq Ft Approx Total Finished: 1728.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Cormany Beach Estates

Schools

  • School District: Coventry LSD
  • School District: Coventry LSD

Lot Info

  • Additional Assessor Parcel Number 1: 1907578
  • Lot Size Units: Acres
  • Acres: 0.3600
  • Parcel Number: 1907574

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 3175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Anthony Murdock
Bought by
741 Longacre Llc
Current Estimated Value
$259,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$149,492
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$81,508

Purchase Details

Closed on
Mar 12, 2022
Sold by
Anthony Murdock
Bought by
741 Longacre Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$149,492
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$81,508

Purchase Details

Closed on
Feb 5, 2020
Sold by
Belinda Bryant
Bought by
Murdock Angelisa and Murdock Anthony

Purchase Details

Listed on
Sep 10, 2019
Closed on
Dec 3, 2019
Sold by
Hupp Caroline I
Bought by
Murdock Angelisa and Bryant Belinda
Seller's Agent
Bill Sloan
Berkshire Hathaway HomeServices Stouffer Realty
Buyer's Agent
Kellie Voros
Deleted Agent
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Listed on
Sep 10, 2019
Closed on
Nov 27, 2019
Sold by
Hupp Caroline I
Bought by
Murdock Angelisa and Bryant Belinda
Seller's Agent
Bill Sloan
Berkshire Hathaway HomeServices Stouffer Realty
Buyer's Agent
Kellie Voros
Deleted Agent
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
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
741 Longacre Llc $200,000 Oldham Company Llc
741 Longacre Llc $200,000 Oldham Company Llc
Murdock Angelisa -- --
Murdock Angelisa -- None Available
Murdock Angelisa $135,000 Allegiance Title
Murdock Angelisa $135,000 Allegiance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 741 Longacre Llc $160,000
Closed 741 Longacre Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2019 12/02/19 Sold $135,000 -9.9% $78 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $149,900 -- $87 / 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 $3,217 $54,660 $6,997 $47,663
2024 $3,217 $54,660 $6,997 $47,663
2023 $3,217 $54,660 $6,997 $47,663
2022 $2,800 $39,323 $5,033 $34,290
2021 $2,642 $39,323 $5,033 $34,290
2020 $2,690 $39,320 $5,030 $34,290
2019 $3,017 $42,110 $5,030 $37,080
2018 $2,989 $42,110 $5,030 $37,080
2017 $2,737 $42,110 $5,030 $37,080
2016 $2,730 $37,990 $5,030 $32,960
2015 $2,737 $37,990 $5,030 $32,960
2014 $2,663 $37,990 $5,030 $32,960
2013 $2,779 $40,180 $5,030 $35,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4132778

MLS Now

APN: 19-07574