Check Availability
$40,000 - $50,000
House - In Contract

894 Cole

Akron, OH 44306
bedrooms
1 Bed
bathrooms
1 Bath
square feet
650 Sqft
Sold May 10, 2019
$26,500
$1,000,000 by Stormfield Spv I Llc
Mortgage
Sold Jul 07, 2016
$24,000

About This Property

Attention all investors! Don't miss out on this opportunity. This meticulously maintained one-bedroom ranch is conveniently located just minutes away from the freeway, shopping centers, and bus routes. Situated in close proximity to Firestone Park, this property offers both convenience and potential for a great investment. Tenant is moving out in April but can easily be rented s8. It is currently being rented for $700 a month with tenant paying gas, electric, water, sewer and trash.

The manager has listed the unit size as 650 square feet.
Unit Size
650Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$76
Property Type
House
Property Taxes
$59
HOA Dues
-
Year Built
1928
Listed By
Brian Jackson
Brian Jackson
Keller Williams - KW Seven Hills

Price History

Date / Event Date Event Price
Apr 14, 2024 In contract -
In contract
Mar 22, 2024 Price Decreased $49,500
↓ $500 (1%)
Price Decreased
Feb 19, 2024 Listed $50,000
Listed
May 15, 2019 No longer available -
No longer available
Mar 29, 2019 Listed $29,900
Listed
Looking for a great investment opportunity? 894 Cole Avenue, Akron, comes rented with a long-term tenant. This quaint one bedroom/one bathroom home offers manageable living space just minutes away from Firestone Park. Easy access to I-76 and I-77. The manager has listed the unit size as 600 square feet.

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Aluminum Siding
Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,940
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 380
  • Total Building Area: 600
  • Gross Building Area: 600
  • Building Area: 600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SV-ROSELAWN
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: SV-ROSELAWN LOTS 218 E 36 FT 219 W 2 FT

Ownership

  • Current Owner : KMH REAL ESTATE LLC
  • Previous Owner : COMMONSTONE MANAGEMENT GROUP LLC
  • Owner Before Previous Owner: MARISAVLJEVICH STEVE P
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Akron City School District
  • Census Tract: 503300

Geography

  • Assessors Map Reference: 00679
  • Parcel: 68-45528
  • Lot: 218
  • Municipality: AKRON CITY
  • Latitude: 41.0513
  • Longitude: -81.4959

    Address

  • Full Address: 894 Cole Ave
  • Address - House Number: 894
  • Address - Street Name: Cole
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Akron
  • Carrier Code: C035
  • 4-Digit Zip Code: 2372
  • Zip Code: 44306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $714
  • 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: 47,220
  • High Value: 52,734
  • Low Value: 41,705

    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: $39,400
  • Market Land Value: $11,920
  • Market Improvement Value: $27,480

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $13,790
  • Assessed Land Value: $4,172
  • Assessed Improvements Value: $9,618

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 10, 2019
  • Current Sale Transaction ID: 11608652731
  • Current Sale Price: $26,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 56462478
  • Previous Sale Recording Date: Jul 07, 2016
  • Previous Sale Contract Date: Jul 06, 2016
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: Survivorship Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Akron


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Frequently Asked Questions

When was property at 894 Cole Avenue built and last sold?
The property at 894 Cole Avenue was built in 1928 and last sold on May 10, 2019 for $26,500.
How much is this home worth?
The estimated value of the home located at 894 Cole Avenue is $50,500.
What are some comparable homes to 894 Cole Avenue?
There are currently no comparable homes to 894 Cole Avenue.

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