1360 Ghent Hills Rd Akron, OH 44333

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4 beds · 2 baths · 2,716 sq ft · Lot Size: 50,965 sq ft · Single Family Home · Montrose - Ghent
Est. Property Value: $546,188

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1360 Ghent Hills Rd is in the Montrose - Ghent neighborhood of Akron, OH. It is located in Summit County and ZIP code 44333. This Single Family Home was built in 1969 and is approximately 56 years old. The single family home spans 2716 sq ft with 4 bedrooms and 2 bathrooms and sits on a 50965 sq ft lot. According to public records, it was last sold in 2022 for $450,000 and has a tax-assessed value of $398,390, which is $201 per sq ft. The Montrose - Ghent area of Akron has 1313 residential homes with an average size of 3280 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1360 Ghent Hills Rd Akron, OH 44333 with Property Intel by Whitepages.

1360 Ghent Hills Rd

Akron, OH 44333

Owner Info

Owners & Occupancy for 1360 Ghent Hills Rd

This property is owned by Robert P Drew. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

Cell Phone(412) ***-****View Cell Phone
Residence*********
Landline(419) 887-1692
Distance from Property**********
Email Address******@att.netView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 73

Property Financials for 1360 Ghent Hills Rd

1360 Ghent Hills Rd, Akron, OH has a mortgage from Cleveland Mtg (orig. June 22, 2022). The Summit county assessment for 2023 values it at $398,390, with annual taxes of $7,254.

Mortgage & Equity Information

Loan Amount$******
LenderCleveland Mtg
Origination DateJune 22, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateJune 23, 2022
Property Tax Amount$7,254 in 2023
Purchase Price$450,000
Assessed Value$398,390 on 2023

Investment Potential for 1360 Ghent Hills Rd

The property has a current estimated value of $546,188, which is 7% above the neighborhood median, based on public records. It last sold on June 23, 2022 for $450K. Projected long-term
is $27,000 annually ($2,250 per month) with a 92% occupancy rate.

Discover more Single Family Homes in Montrose - Ghent.

Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 44333 zip code
 
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Property Details for 1360 Ghent Hills Rd

Property Details

Property Sq Ft

Living Area

2,716 sq ft

17% below market

Lot Size

50,965 sq ft

22% below market

Price Per Sq Ft

Living Area

$201 / sq ft

27% above market

Lot Size Area

$11 / sq ft

42% above market

Property condition, age, exterior, etc. for 1360 Ghent…
Longitude: -81.631894 Latitude: 41.168734 Parcel Number (APN): 04-00158…

Recommended Properties in Montrose - Ghent

Discover more single family homes near 1360 Ghent Hills Rd in Akron, Ohio. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1360 Ghent Hills Rd in Summit County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$546,188
$342,818
$203,371 (59%)
$482,918
$523,716 (108%)
YoY Price Change
3.04%
77%
Year Built
1969
1979
-10 years
Living Space
2,716 sq ft
2,339 sq ft
377 (16%)
$ Per Living Sq Ft
$201
$146
$55 (38%)
Lot Size
50,965 sq ft
15,028 sq ft
35937 (239%)
$ Per Lot Sq Ft
$11
$22
-$11 (-52%)

Net Operating Income
$15,009
-$2,830 (-19%)
Annual Revenue
$27,000
$26,400
$600 (2%)
$10,778
$4,043 (38%)
Net Operating Income
$15,009
-$2,830 (-19%)
Cap Rate
4.57%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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