NOT LISTED FOR SALE

889 - 889 1/2 Raymond St Akron, OH 44307

Sherbondy Hill Neighborhood

Estimated Value: $66,000 - $101,000

3 Beds
2 Baths
1,516 Sq Ft
$51/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $42,500 $28 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $492/month

83 Days on Market

About This Home

As of October 2018

START YOUR PORTFOLIO TODAY OR CALL THIS HOME YOUR OWN! Welcome to 889 - 889 1/2 Raymond St in Akron, OH. This property has been updated throughout within the last 10-15 years when it comes to your major components. This property is currently rented and brings in $985 a month! Tenants pay all utilities plus water, sewer, and trash. This property has a possible cap rate of 23% or a possible 69% cash on cash return! The owner of this property has 3 other properties in the same condition they are selling. The owner would consider a package deal for all 4 properties. The package all together generates over $3,000 a month in gross income. The package includes MLS #s 4001818, 4001807, 4001798, 4001671.

Last Agent to Sell the Property

Dustin Purtan

EXP Realty, LLC. License #2024004721 Listed on: 05/22/2018

EXP Realty, LLC.

Last Buyer's Agent

Jarvis Fentress

Keller Williams Legacy Group Realty License #2013004654

Keller Williams Legacy Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $759

Year Built

  • Built in 1903

Lot Details

  • 7,789 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,516 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Mall Community

Listing and Financial Details

  • Assessor Parcel Number 6744915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$759

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 28.03
  • Estimated Price per Sq Ft: 28.03
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1516
  • Year Built: 1903
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1903

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1516.00
  • Sq Ft Approx Total Finished: 1516.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Mall

Schools

  • School District: Akron CSD
  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1788
  • Parcel Number: 6744915

Multi Family

  • Unit Count: 2
  • Gross Income: 11820.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 759

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Naas Properties Llc
Bought by
Richards Cheryl
Current Estimated Value
$77,997

Purchase Details

Closed on
Nov 23, 2021
Sold by
Naas Properties Llc
Bought by
Richards Cheryl

Purchase Details

Listed on
May 22, 2018
Closed on
Nov 5, 2018
Sold by
Dulabh Vimal and Dulabh Bhavi
Bought by
Naas Properties Llc
Seller's Agent
Dustin Purtan
EXP Realty, LLC.
Buyer's Agent
Jarvis Fentress
Keller Williams Legacy Group Realty
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%

Purchase Details

Listed on
May 22, 2018
Closed on
Oct 11, 2018
Sold by
Cr City Properties Llc
Bought by
Dulabh Vimal and Dullabh Kamal
Seller's Agent
Dustin Purtan
EXP Realty, LLC.
Buyer's Agent
Jarvis Fentress
Keller Williams Legacy Group Realty
List Price
$49,900
Sold Price
$42,500
Premium/Discount to List
-$7,400
-14.83%

Purchase Details

Closed on
Dec 31, 2014
Sold by
Riggs Connie M
Bought by
Cr City Properties Llc

Purchase Details

Closed on
Jan 12, 1996
Sold by
Rowan James W
Bought by
Borden John J
Source: Public Records

Range of Values:

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Average Value
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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
Richards Cheryl $49,000 Dixon Robyn R
Richards Cheryl $49,000 American Title
Naas Properties Llc -- None Available
Dulabh Vimal $42,500 American Title
Cr City Properties Llc -- None Available
Borden John J $2,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $42,500 -13.1% $28 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/02/2018 08/02/18 Price Changed $48,900 -1.2% $32 / Sq Ft
07/10/2018 07/10/18 Price Changed $49,500 -0.8% $33 / Sq Ft
05/29/2018 05/29/18 For Sale $49,900 -- $33 / 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 $960 $14,109 $4,155 $9,954
2024 $960 $14,109 $4,155 $9,954
2023 $960 $14,109 $4,155 $9,954
2022 $774 $8,299 $2,443 $5,856
2021 $765 $8,159 $2,443 $5,716
2020 $857 $8,160 $2,440 $5,720
2019 $765 $6,150 $3,370 $2,780
2018 $659 $6,150 $3,370 $2,780
2017 $722 $6,150 $3,370 $2,780
2016 $723 $6,230 $3,370 $2,860
2015 $722 $6,230 $3,370 $2,860
2014 $719 $6,230 $3,370 $2,860
2013 $743 $6,710 $3,370 $3,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4001798

MLS Now

APN: 67-44915