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HouseCanary Valuation - 2022-05 - 428 Cross St, Akron, OH 44311.pdf
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| Property | 428 Cross St, Akron, OH 44311 |
|---|---|
| Folder | Appraisal |
| Kind | |
| Updated | 2022-05-05 |
| Dropbox path | 01 - Appraisal/HouseCanary Valuation - 2022-05 - 428 Cross St, Akron, OH 44311.pdf |
About This File
PROPERTY ADDRESS COUNTY APN NUMBER 428 Cross St, Akron, OH 44311 Summit 67-12100 HOUSECANARY VALUE High Confidence HOUSECANARY COMPARABLE RENTAL VALUE $183,252 $94.65/sq.ft. Unavailable $158,201 - $208,303 Comparable rental value is currently unavailable for this property $81.72/sq.ft. - $108/sq.ft. Strong Seller’s Market MARKET STATUS 3.2% Very Low MSA 1YR RISK OF DECLINE Subject Attributes PROPERTY TYPE OWNER OCCUPIED BEDROOMS BATHS GLA LOT SIZE YEAR BUILT BASEMENT Multifamily Yes 6 3 1936 4200 1989 Yes Recent Similar Comparables (Past 12 Months) Value Forecast SALE PRICE CURRENT VALUE ADDRESS SIMILARITY 1YR FORECAST GROWTH 2YR FORECAST GROWTH 3YR FORECAST GROWTH 1 $140,000 $141,944 375 Sherman St High 16.9% 22.6% 17.1% $214,146 $224,624 $214,672 Akron, OH 44311 2 $175,000 $180,046 515 Sumner St Moderate Unit 517, Akron, OH 44304 3 $131,000 $139,764 95 Annadale Ave Moderate Purchase…
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PROPERTY ADDRESS COUNTY APN NUMBER 428 Cross St, Akron, OH 44311 Summit 67-12100 HOUSECANARY VALUE High Confidence HOUSECANARY COMPARABLE RENTAL VALUE $183,252 $94.65/sq.ft. Unavailable $158,201 - $208,303 Comparable rental value is currently unavailable for this property $81.72/sq.ft. - $108/sq.ft. Strong Seller’s Market MARKET STATUS 3.2% Very Low MSA 1YR RISK OF DECLINE Subject Attributes PROPERTY TYPE OWNER OCCUPIED BEDROOMS BATHS GLA LOT SIZE YEAR BUILT BASEMENT Multifamily Yes 6 3 1936 4200 1989 Yes Recent Similar Comparables (Past 12 Months) Value Forecast # SALE PRICE CURRENT VALUE ADDRESS SIMILARITY 1YR FORECAST GROWTH 2YR FORECAST GROWTH 3YR FORECAST GROWTH 1 $140,000 $141,944 375 Sherman St High 16.9% 22.6% 17.1% $214,146 $224,624 $214,672 Akron, OH 44311 2 $175,000 $180,046 515 Sumner St Moderate Unit 517, Akron, OH 44304 3 $131,000 $139,764 95 Annadale Ave Moderate Purchase History Unit 97, Akron, OH 44304 4 $135,000 $143,731 572 E Buchtel Ave Moderate Akron, OH 44304 5 $209,000 $216,030 550 Brown St Moderate DATE SALE PRICE 11/20/2018 $115,000 Akron, OH 44311 6 $132,000 $139,874 83 Annadale Ave Moderate Akron, OH 44304 7 $335,000 $333,013 519 E Buchtel Ave Moderate Akron, OH 44304 8 $120,000 $124,306 538 Carroll St Moderate Akron, OH 44304 9 $115,000 $121,044 534 Brown St Moderate Akron, OH 44311 10 $88,000 $96,429 593 1/2 Brown St Moderate Akron, OH 44311 Report Date 05/04/2022 page 1 PROPERTY ADDRESS COUNTY APN NUMBER 428 Cross St, Akron, OH 44311 Summit 67-12100 Recent Similar Comparables (0-1year) 7 6 4 3 1 8 2 9 5 10 # SIMILARITY DISTANCE PROPERTY SOLD LIST CURRENT VALUE AGE BEDS BATHS GLA SITE AREA - - - SUBJECT $115,000 11/2018 $139,900 08/2018 $183,252 33 6 3 1936 4200 1 High 0.43mi 375 Sherman St $140,000 01/2022 $144,900 12/2021 $141,944 128 5 3 1978 4366 $175,000 09/2021 - $180,046 116 5 2 3078 4794 $131,000 06/2021 - $139,764 19 4 2 1798 6435 $135,000 07/2021 - $143,731 128 4 4 2112 7128 $209,000 09/2021 $209,000 05/2021 $216,030 96 8 4 5640 5640 $132,000 07/2021 $129,900 05/2021 $139,874 20 4 3 1560 2609 $335,000 01/2022 $350,000 11/2021 $333,013 128 9 5 2744 6075 $120,000 10/2021 $125,000 08/2021 $124,306 116 5 2 1946 7200 $115,000 10/2021 $97,500 08/2021 $121,044 96 7 4 3596 5880 $88,000 06/2021 - $96,429 106 4 3 1515 6000 Akron, OH 44311 2 Moderate 0.24mi 515 Sumner St Unit 517, Akron, OH 44304 3 Moderate 0.78mi 95 Annadale Ave Unit 97, Akron, OH 44304 4 Moderate 0.81mi 572 E Buchtel Ave Akron, OH 44304 5 Moderate 0.04mi 550 Brown St Akron, OH 44311 6 Moderate 0.79mi 83 Annadale Ave Akron, OH 44304 7 Moderate 0.78mi 519 E Buchtel Ave Akron, OH 44304 8 Moderate 0.67mi 538 Carroll St Akron, OH 44304 9 Moderate 0.03mi 534 Brown St Akron, OH 44311 10 Moderate 0.13mi 593 1/2 Brown St Akron, OH 44311 Report Date 05/04/2022 page 2