See Home Value
$60,000 - $70,000
House - Off Market

740 Inman

Akron, OH 44306
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1179 Sqft
Sold May 24, 2022
$48,000
$1,000,000 by Stormfield Spv I Llc
Mortgage
Sold Aug 28, 2007
$46,000
$41,400 by Countrywide Bank Fsb
Mortgage Due Sep 01, 2037

About This Property

Welcome to 740 Inman St, a charming ranch on the southeast side of Akron. This home offers convenient access to the University of Akron, downtown Akron, shopping centers, dining options, parks, and major highways.

Step inside this delightful ranch-style home and feel right at home. The inviting front porch sets the tone for comfortable living. As you enter through the front door, you're greeted by a spacious living room that seamlessly flows into the dining area and kitchen. Two generously sized bedrooms provide ample space for relaxation and rest. The updated full bathroom adds a modern touch to the first level.

Venture downstairs to discover a finished bonus room, perfect for additional living space or a home office, along with plenty of storage space.

Outside, the nicely fenced backyard offers privacy and completes this wonderful property, providing an ideal space for outdoor activities and gatherings.

New tenant moving in April with a year lease at $902 a month. Tenant pays electric, gas, water, sewer and trash.

The manager has listed the unit size as 1179 square feet.
Unit Size
1,179Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$54
Property Type
House
Property Taxes
$70
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
Apr 26, 2024 No longer available -
No longer available
Apr 2, 2024 In contract -
In contract
Mar 22, 2024 Price Decreased $63,900
↓ $1K (1.7%)
Price Decreased
Feb 19, 2024 Listed $65,000
Listed
Jun 1, 2022 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,280
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 400
  • Total Building Area: 968
  • Gross Building Area: 968
  • Building Area: 792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 792
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROWN ST ALLT
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: BROWN ST ALLT LOTS 290 & 291 S 40FT LESS PT FOR ST

Ownership

  • Current Owner : 508 HAMMEL STREET LLC
  • Previous Owner : ANDERSON KEITH A
  • Owner Before Previous Owner: FRESH START DEVELOPMENT CORP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Akron City School District
  • Census Tract: 504600

Geography

  • Assessors Map Reference: 00778
  • Parcel: 68-48985
  • Lot: 291
  • Municipality: AKRON CITY
  • Latitude: 41.0583
  • Longitude: -81.5005

    Address

  • Full Address: 740 Inman St
  • Address - House Number: 740
  • Address - Street Name: Inman
  • Address - Suffix Type: St
  • State: OH
  • City Name: Akron
  • Carrier Code: C053
  • 4-Digit Zip Code: 1454
  • Zip Code: 44306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $838
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.1167
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 87
  • Final Value: 61,989
  • High Value: 69,228
  • Low Value: 54,750

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: STORMFIELD SPV I LLC
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $41,420
  • Market Land Value: $10,000
  • Market Improvement Value: $31,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $14,497
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $10,997

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11888861969
  • Current Sale Price: $48,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 56741865
  • Previous Sale Recording Date: Aug 28, 2007
  • Previous Sale Contract Date: Aug 25, 2007
  • Previous Sale Amount: $46,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: STORMFIELD SPV I LLC
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE BANK FSB
  • Previous Mortgage Transaction Date: Aug 28, 2007
  • Previous Mortgage Loan Amount: $41,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
816 ft²
$76/ft²
$61,900 Feb 19, 2024
-
$64/mo
House
2 Beds
1 Bath
864 ft²
$80/ft²
$69,500 Feb 15, 2024
-
$75/mo
House
4 Beds
1 Bath
1,293 ft²
$43/ft²
$55,000 Aug 1, 2023
-
$76/mo
House
4 Beds
1 Bath
1,744 ft²
$40/ft²
$69,900 Mar 29, 2024
-
-

About East Akron


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Frequently Asked Questions

When was property at 740 Inman Street built and last sold?
The property at 740 Inman Street was built in 1924 and last sold on May 16, 2022 for $48,000.
How much is this home worth?
The estimated value of the home located at 740 Inman Street is $67,520.
What are some comparable homes to 740 Inman Street?
Homes that are comparable to 740 Inman Street include a house property at 687 Merton Avenue, 631 La Follette Street, 701 Kling Street.

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