NOT LISTED FOR SALE

884 Sheridan St Akron, OH 44307

Sherbondy Hill Neighborhood

Estimated Value: $84,000 - $120,000

6 Beds
1 Bath
1,485 Sq Ft
$67/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $45,900 $31 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $625/month

101 Days on Market

Highlights

  • 0.3 Acre Lot
  • 1 Fireplace
  • 2 Car Detached Garage
  • Colonial Architecture
  • No HOA
  • Porch

About This Home

As of March 2022

AMAZING INVESTMENT OPPORTUNITY!!! This property is part of a portfolio of seven Rooming Houses that net over $100,000 profit EACH Year!! This portfolio of Investment Properties boasts a shocking Cap Rate of over 30%...This IS NOT a misprint! Each of these Rooming Houses has between 5-8 separate bedrooms that rent for $440 per month EACH....AND the entire portfolio averages 85% occupancy!!! Seller is looking to sell the entire Seven House Portfolio for $329,000 but is open to selling these properties individually as well. (See Broker Remarks for list of the other properties) ALL the work is already done...houses have been divided into separate rental rooms with universal access to Kitchen, Bathroom, and Basement Laundry for the tenants.,,,AND with each room renting at $440 a month and 5-8 rooms per property..do the math on what these Single Family Cash Cows bring in per month!! Don't miss your chance at this unique Investment Opportunity...These do not come around very often!!!

This individual property has 6 rental rooms. All 6 rooms currently rented at time of listing. This property has a Cap Rate of 46%. This property has additional fenced in lot that offers a spacious, park like setting for tenants!

Last Agent to Sell the Property

David Callander

Century 21 Carolyn Riley RL. Est. Srvcs, Inc. License #2014001201 Listed on: 09/25/2021

Century 21 Carolyn Riley RL. Est. Srvcs, Inc.

Last Buyer's Agent

David Rudolph

Howard Hanna License #2018003805

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 0.3 Acre Lot
  • Chain Link Fence
  • 6810543

Parking

  • 2 Car Detached Garage
  • Unpaved Parking

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,485 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Lookout Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6810542

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1927
  • Subdivision Name: Lookout Heights
  • Above Grade Finished Sq Ft: 1485.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Common Basement, Full, Unfinished
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 6
  • Main Level Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link
  • Acres: 0.301
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Unpaved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6810542
  • Additional Parcels Description: 6810543
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1260.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Mar 8, 2022
Sold by
Samarye Enterprises Inc
Bought by
Rodriguez Rowell and Rodriguez Erlinda
Seller's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Buyer's Agent
David Rudolph
Howard Hanna
List Price
$47,000
Sold Price
$45,900
Premium/Discount to List
-$1,100
-2.34%
Current Estimated Value
$99,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,861
Avg. Annual Appreciation
23.77%
Original Mortgage
$32,130
Outstanding Balance
$29,941
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$69,820

Purchase Details

Listed on
Sep 25, 2021
Closed on
Feb 28, 2022
Sold by
Samarye Enterprises Inc
Bought by
Rodriguez Rowell and Rodriguez Erlinda
Seller's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Buyer's Agent
David Rudolph
Howard Hanna
List Price
$47,000
Sold Price
$45,900
Premium/Discount to List
-$1,100
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,130
Outstanding Balance
$29,941
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$69,820

Purchase Details

Listed on
Jun 15, 2015
Closed on
Aug 27, 2015
Sold by
Secretary Of Veterans Affairs
Bought by
Samarye Enterprises Inc
Seller's Agent
Tracy Cunningham
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Buyer's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
List Price
$10,750
Sold Price
$8,250
Premium/Discount to List
-$2,500
-23.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.17%

Purchase Details

Listed on
Jun 15, 2015
Closed on
Aug 3, 2015
Sold by
U S Bank N A
Bought by
The Secretary Of Veterans Affairs
Seller's Agent
Tracy Cunningham
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Buyer's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
List Price
$10,750
Sold Price
$8,250
Premium/Discount to List
-$2,500
-23.26%

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 15, 2015
Sold by
Sykes Michael K
Bought by
U S Bank N A
Seller's Agent
Tracy Cunningham
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Buyer's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
List Price
$10,750
Sold Price
$8,250
Premium/Discount to List
-$2,500
-23.26%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Kennedy David P
Bought by
Moreen Gregory K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,671
Interest Rate
7.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rodriguez Rowell $45,900 Infinity Title
Rodriguez Rowell $45,900 Infinity Title
Samarye Enterprises Inc -- Attorney
The Secretary Of Veterans Affairs -- Attorney
U S Bank N A $30,000 Attorney
Moreen Gregory K $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Rowell $32,130
Closed Rodriguez Rowell $32,130
Previous Owner Moreen Gregory K $48,671
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold $45,900 0.0% $31 / Sq Ft
02/01/2022 02/01/22 Off Market $45,900 -- --
01/04/2022 01/04/22 Pending -- -- --
12/25/2021 12/25/21 For Sale $47,000 +2.4% $32 / Sq Ft
12/24/2021 12/24/21 Off Market $45,900 -- --
12/21/2021 12/21/21 For Sale $47,000 0.0% $32 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $47,000 0.0% $32 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $47,000 +469.7% $32 / Sq Ft
08/28/2015 08/28/15 Sold $8,250 -23.3% $6 / Sq Ft View Prior Sale
08/01/2015 08/01/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $10,750 -- $7 / 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 $1,173 $20,693 $4,211 $16,482
2024 $1,173 $20,693 $4,211 $16,482
2023 $1,173 $20,693 $4,211 $16,482
2022 $937 $12,737 $2,478 $10,259
2021 $929 $12,604 $2,478 $10,126
2020 $916 $12,610 $2,480 $10,130
2019 $958 $12,030 $4,180 $7,850
2018 $946 $12,030 $4,180 $7,850
2017 $1,012 $12,030 $4,180 $7,850
2016 $1,063 $12,750 $4,180 $8,570
2015 $1,012 $12,750 $4,180 $8,570
2014 $1,004 $12,750 $4,180 $8,570
2013 $1,088 $14,610 $4,180 $10,430
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Callander

    Century 21 Carolyn Riley RL. Est. Srvcs, Inc.

    (330) 310-2661

    4 in this area

    62 Total Sales

    David Callander
    Section Image
  • David Rudolph

    Buyer's Agent in 2022

    David Rudolph

    Howard Hanna

    (330) 714-0066

    11 in this area

    195 Total Sales

    David Rudolph
    Section Image
  • Tracy Cunningham

    Seller's Agent in 2015

    Tracy Cunningham

    Century 21 Carolyn Riley RL. Est. Srvcs, Inc.

    (330) 618-1880

    17 Total Sales

    Tracy Cunningham
    Section Image

  • R

    Seller Co-Listing Agent in 2015

    Romy Weiner

    Century 21 Carolyn Riley RL. Est. Srvcs, Inc.

See All Agents

Map

Source: MLS Now

MLS Number: 4320032

MLS Now

APN: 68-10542

Ohio Summit County Akron 44307 Sherbondy Hill

884 Sheridan St, Akron, OH

This home is located at 884 Sheridan St, Akron, OH 44307 since 25 September 2021 and is currently estimated at $99,761, approximately $67 per square foot. This property was built in 1927. 884 Sheridan St is a home located in Summit County with nearby schools including Emmanuel Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes