Feliz Colon
Keller Williams Living
(234) 704-3050
180 Total Sales
1 in Sherbondy Hill
$167,000 Price
954 Raymond St Akron, OH 44307
Sherbondy Hill NeighborhoodEstimated Value: $53,000 - $116,000
8
Beds
1.5
Baths
1,861
Sq Ft
$42/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Porch
- Forced Air Heating and Cooling System
About This Home
As of December 2021AMAZING 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 8 Rental Rooms. 7 of 8 rooms rented at time of listing. This property has a cap rate of 32%.
Last Agent to Sell the Property
Century 21 Carolyn Riley RL. Est. Srvcs, Inc. License #2014001201 Listed on: 09/25/2021
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $672
Year Built
- Built in 1916
Lot Details
- 4,861 Sq Ft Lot
- Unpaved Streets
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,861 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
- Dryer
Bedrooms and Bathrooms
- 8 Bedrooms | 4 Main Level Bedrooms
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Steiner Community
Listing and Financial Details
- Assessor Parcel Number 6733685
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
Sep 25, 2021
Closed on
Dec 15, 2021
Sold by
Bought by
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
$40,000
Premium/Discount to List
-$7,000
-14.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,605
Avg. Annual Appreciation
15.25%
Original Mortgage
$30,000
Outstanding Balance
$27,009
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$50,596
Purchase Details
Listed on
Dec 31, 2015
Closed on
Jan 18, 2016
Sold by
Bought by
Seller's Agent
Sandy Boyle-Taillon
Deleted Agent
Buyer's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
List Price
$13,000
Sold Price
$11,500
Premium/Discount to List
-$1,500
-11.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.84%
Purchase Details
Closed on
May 10, 2013
Sold by
Bought by
Purchase Details
Closed on
May 6, 2010
Sold by
Bought by
Purchase Details
Closed on
Dec 7, 2009
Sold by
Bought by
Purchase Details
Closed on
Dec 12, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,700
Interest Rate
6.25%
Purchase Details
Closed on
Jun 21, 2001
Sold by
Bought by
Purchase Details
Closed on
Jun 9, 2001
Sold by
Bought by
Purchase Details
Closed on
Apr 25, 2001
Sold by
Bought by
Purchase Details
Closed on
Feb 26, 2001
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sherbondy Hill, OH
-
Feliz Colon
-
Lenny Herbert
Lenny Herbert
RE/MAX Edge Realty
(234) 271-4267
144 Total Sales
1 in Sherbondy Hill
$90,000 Price
-
Christian Nye
Christian Nye
Hayes Realty
(234) 203-5434
86 Total Sales
1 in Sherbondy Hill
$66,350 Price
-
Emily Beck
Emily Beck
RE/MAX Oasis Dream Homes
(234) 200-5317
55 Total Sales
1 in Sherbondy Hill
$64,900 Price
-
Dustin Purtan
Dustin Purtan
EXP Realty, LLC.
(234) 271-4834
345 Total Sales
4 in Sherbondy Hill
$39K - $165K Price Range
-
Alex Johnson
Alex Johnson
Real Estate Quest, Inc.
(216) 284-5624
169 Total Sales
8 in Sherbondy Hill
$45K - $140K Price Range
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 |
|---|---|---|---|
| $40,000 | Infinity Title | ||
| -- | Attorney | ||
| -- | Western Reserve Title | ||
| $34,480 | None Available | ||
| $9,000 | Landamerica | ||
| $27,000 | First Security Title Corpora | ||
| $16,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
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 | $30,000 | ||
| Previous Owner | $51,750 | ||
| Previous Owner | $19,700 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2021 12/15/21 | Sold | $40,000 | -14.9% | $21 / Sq Ft | |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- | |
| 11/02/2021 11/02/21 | For Sale | $47,000 | 0.0% | $25 / Sq Ft | |
| 10/22/2021 10/22/21 | Pending | -- | -- | -- | |
| 09/25/2021 09/25/21 | For Sale | $47,000 | +308.7% | $25 / Sq Ft | |
| 02/16/2016 02/16/16 | Sold | $11,500 | -11.5% | $6 / Sq Ft | View Prior Sale |
| 02/02/2016 02/02/16 | Pending | -- | -- | -- | |
| 12/31/2015 12/31/15 | For Sale | $13,000 | -- | $7 / 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 | $1,712 | $22,050 | $4,375 | $17,675 |
| 2024 | $854 | $14,627 | $3,185 | $11,442 |
| 2023 | $854 | $14,627 | $3,185 | $11,442 |
| 2022 | $680 | $8,894 | $1,876 | $7,018 |
| 2021 | $681 | $8,894 | $1,876 | $7,018 |
| 2020 | $672 | $8,900 | $1,880 | $7,020 |
| 2019 | $648 | $7,760 | $2,580 | $5,180 |
| 2018 | $640 | $7,760 | $2,580 | $5,180 |
| 2017 | $659 | $7,760 | $2,580 | $5,180 |
| 2016 | $644 | $7,890 | $2,580 | $5,310 |
| 2015 | $659 | $7,890 | $2,580 | $5,310 |
| 2014 | $654 | $7,890 | $2,580 | $5,310 |
| 2013 | -- | $8,680 | $2,580 | $6,100 |
Source: Public Records
Agents Affiliated with this Home
-
David Callander
D
Seller's Agent in 2021
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
(330) 310-2661
5 in this area
66 Total Sales
-
David Rudolph
Buyer's Agent in 2021
David Rudolph
Howard Hanna
(330) 714-0066
14 in this area
160 Total Sales
-
S
Seller's Agent in 2016
Sandy Boyle-Taillon
Deleted Agent
Map
Source: MLS Now
MLS Number: 4320035
APN: 67-33685
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.
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.
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