1635 Triplett Blvd · Akron, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +27.3/30.0
- ARV discount +15.0/15.0
- DSCR +9.5/10.0
- 1% rule +9.0/10.0
- Rent growth +4.4/5.0
- Livability +4.0/5.0
- Schools +3.5/10.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$93,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Living room with fireplace & built-in bookcases. Some natural woodwork. Property has been converted to duplex. This property is eligible under Freddie Mac First Look Initiative through 10/24/14. Sold "AS IS". Buyer to verify all information. Buyer or buyer's agent responsible to check with Building, Zoning, EPA, DEA, Tax Dept or any other requirement for intended use. Buyer to pay for all inspections. Earnest money to be a Cashiers check. Subject to clear title.
Key facts
- 4,791 sq ft lot
- Parking
- Built 1914
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $94k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $272 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $94k).
- Recommended offer: $85k (9.0% below list) — sets the bar for market timing.
- Cap rate 9.8% vs local median 6.2% in Akron — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#104 in OH, #1,591 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
- Akron City (urban): math 22% / reading 30% proficiency, ranked #602 of 656 in OH (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Hatton Community Learning Center (math 42% / reading 42%, grade F, #1,030 of 1,584 statewide, top 66%, 460 students, 0% FRL); Hyre Community Learning Center (math 23% / reading 33%, grade F, #583 of 654 statewide, top 89%, 713 students, 0% FRL); Ellet Community Learning Center (math 30% / reading 42%, grade F, #579 of 781 statewide, top 74%, 968 students, 0% FRL) — zoned schools average 0% FRL vs 66% district-wide (66 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising fast (+7.6%/yr); 125 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
- This rent runs 38% of the median local income ($42k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $649 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (-3.0% appreciation + 7.6% rent growth), your $26k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 91 days — a 9% lower offer ($85k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 30y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: property tax is 3.0% of price; built in 1914 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1914 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.40% ✓
- Cap rate
- 9.77%
- Cash-on-cash
- 12.42%
- DSCR
- 1.55
- GRM
- 6.0
CMA / ARV
- ARV (median comp)
- $163,037
- List price
- $93,900
- Delta
- -42.41%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 740 Fuller St | 1.02mi | 3/1.0 | 1,573 (-1%) | 1mo | $84,900 | $54 | 59 |
| 487 Hilbish Ave | 0.87mi | 3/2.5 | 1,584 (-0%) | 5mo | $320,000 | $202 | 58 |
| 1882 Daniels Ave | 0.67mi | 3/1.5 | 1,508 (-5%) | 2mo | $200,000 | $133 | 57 |
| 443 Fulmer Ave | 0.63mi | 3/1.0 | 1,500 (-5%) | 3mo | $205,500 | $137 | 55 |
| 522 Massillon Rd | 0.36mi | 4/2.0 (+1) | 1,824 (+15%) | 2mo | $112,000 | $61 | 52 |
| 405 Baldwin Rd | 0.58mi | 3/2.0 | 1,341 (-15%) | 1mo | $152,500 | $114 | 47 |
| 395 Massillon Rd | 0.60mi | 3/2.0 | 1,296 (-18%) | 6mo | $200,400 | $155 | 42 |
| 1972 Springfield Lake Blvd | 1.04mi | 3/2.5 | 1,804 (+14%) | 2mo | $309,000 | $171 | 38 |
| 472 Stephens Rd | 0.61mi | 4/1.0 (+1) | 1,385 (-13%) | 4mo | $180,000 | $130 | 38 |
| 366 Lansing Rd | 0.88mi | 3/2.0 | 1,314 (-17%) | 3mo | $216,000 | $164 | 37 |
| 2139 Daniels Ave | 1.06mi | 4/2.0 (+1) | 1,880 (+19%) | 2mo | $319,900 | $170 | 33 |
| 1220 E Archwood Ave | 0.80mi | 2/1.0 (-1) | 1,318 (-17%) | 3mo | $36,000 | $27 | 28 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 7.63% rent growth · sell at horizon
- IRR
- 7.9%
- Equity multiple
- 1.33×
- Total profit
- $8,598
- Equity at exit
- $14,001
- IRR
- 21.2%
- Equity multiple
- 3.25×
- Total profit
- $59,042
- Equity at exit
- $8,119
Cash invested: $26,292 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 73 Landlord-Friendly
- State Ohio
- 73 Landlord-Friendly · R+6
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 2 active · 10 under contract
- Months of supply
- 0.9 mo (108%/mo absorbed)
- Median asking
- $216,200 ($139/sqft)
- Median days on market
- 10 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -25.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 44306
- Rents YoY
- 7.6%
- Active inventory
- 125
- Price-to-rent
- 6.0×
Monthly cashflow live
- Estimated rent
- $1,311 medium interval (Pro) →
- Mortgage (P&I)
- −$492
- Tax from tax record
- −$232 /mo · $2,786/yr
- Insurance
- −$39
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$275
- Net cashflow
- $272
Break-even live
Sensitivity live
| Price | -10% $325 | -5% $299 | +0% $272 | +5% $246 | +10% $219 |
|---|---|---|---|---|---|
| Rent | -10% $169 | -5% $220 | +0% $272 | +5% $324 | +10% $376 |
| Rate | -1.0pp $319 | -0.5pp $296 | base $272 | +0.5pp $248 | +1.0pp $223 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $23,475
- Closing costs
- $2,817
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 4 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1125 Georgia Ave Akron, OH | 3.0 | 1.0 | 1060 | $1,300 | $1.23 | 15d | 1 | 0.90mi |
| 1280 7th Ave Akron, OH | 2.0 | 1.0 | 1152 | $1,200 | $1.04 | 63d | 1 | 1.21mi |
| 1070 Super Genius Cir Akron, OH | 2.0–4.0 | 1.0–2.0 | 1145 | $1,174 | $1.03 | 63d | 1 | 1.38mi |
| 497 Lucy St Akron, OH | 4.0 | 1.0 | 1600 | $1,500 | $0.94 | 93d | 1 | 1.45mi |
Property features AI
Finance
- HOA & community
- Nearby shopping
Exterior
- Parking
- Driveway
- Utilities
- Public waterPublic sewerPublic power (standard residential service implied)
- Home design
- Two-story homeFaces southFixer condition
- Construction
- Frame constructionAsphalt fiberglass shingle roofBlock foundationBuilt according to public records (year built source: Public Records)
- Exterior features
- Front porchBack yard with chain-link fencing and gateFlat, level lotHas view
Interior
- Kitchen
- Eat-in kitchen (first level)Eat-in kitchen (second level)
- Bedrooms
- Two main-level bedroomsAdditional bedrooms on first and third floorsSecond-floor bedroom within an additional living suite
- Flooring
- Carpeted rooms in multiple living areas and bedrooms
- Bathrooms
- Two full bathrooms totalOne full bathroom on the main levelFull bathroom within the additional living suite
- Heating & cooling
- Forced-air heating
- Interior features
- Built-in featuresIn-law floorplanHas basement (full, unfinished)Fireplace in living room
- Laundry & utility
- Laundry located in the basement
Listing history 50 events
-
2026-08-04days on market $93,900 Active 91 DOM
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2026-08-03days on market $93,900 Active 90 DOM
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2026-07-31days on market $93,900 Active 87 DOM
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2026-07-30days on market $93,900 Active 86 DOM
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2026-07-29days on market $93,900 Active 85 DOM
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2026-07-27days on market $93,900 Active 83 DOM
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2026-07-25days on market $93,900 Active 81 DOM
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2026-07-24days on market $93,900 Active 80 DOM
-
2026-07-23days on market $93,900 Active 79 DOM
-
2026-07-22days on market $93,900 Active 78 DOM
-
2026-07-21days on market $93,900 Active 77 DOM
-
2026-07-18days on market $93,900 Active 74 DOM
-
2026-07-16days on market $93,900 Active 71 DOM
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2026-07-14days on market $93,900 Active 70 DOM
-
2026-07-14days on market $93,900 Active 69 DOM
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2026-07-12days on market $93,900 Active 68 DOM
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2026-07-11days on market $93,900 Active 67 DOM
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2026-07-10days on market $93,900 Active 66 DOM
-
2026-07-09days on market $93,900 Active 65 DOM
-
2026-07-08days on market $93,900 Active 64 DOM
-
2026-07-07days on market $93,900 Active 63 DOM
-
2026-07-06days on market $93,900 Active 62 DOM
-
2026-07-05days on market $93,900 Active 61 DOM
-
2026-07-04days on market $93,900 Active 60 DOM
-
2026-07-03days on market $93,900 Active 59 DOM
-
2026-07-02days on market $93,900 Active 58 DOM
-
2026-07-01days on market $93,900 Active 57 DOM
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2026-06-30days on market $93,900 Active 56 DOM
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2026-06-29days on market $93,900 Active 55 DOM
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2026-06-28days on market $93,900 Active 54 DOM
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2026-06-28days on market $93,900 Active 53 DOM
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2026-06-27days on market $93,900 Active 52 DOM
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2026-06-25days on market $93,900 Active 50 DOM
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2026-06-23days on market $93,900 Active 48 DOM
-
2026-06-21days on market $93,900 Active 47 DOM
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2026-06-18days on market $93,900 Active 44 DOM
-
2026-06-17days on market $93,900 Active 43 DOM
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2026-06-16days on market $93,900 Active 42 DOM
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2026-06-15days on market $93,900 Active 41 DOM
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2026-06-14days on market $93,900 Active 39 DOM
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2026-06-13days on market $93,900 Active 38 DOM
-
2026-06-10days on market $93,900 Active 36 DOM
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2026-06-09days on market $93,900 Active 35 DOM
-
2026-06-08days on market $93,900 Active 34 DOM
-
2026-06-07days on market $93,900 Active 33 DOM
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2026-06-05days on market $93,900 Active 30 DOM
-
2026-06-03days on market $93,900 Active 29 DOM
-
2026-06-02days on market $93,900 Active 28 DOM
-
2026-06-01days on market $93,900 Active 27 DOM
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2026-05-31days on market $93,900 Active 26 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast OH · Partial reset (capped growth)
- Current annual tax
- $2,786 · $232/mo
- Projected year-2 tax
- $2,786 · $232/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,735
- − Mortgage interest
- −$5,260
- − Property taxes
- −$2,786
- − Insurance
- −$470
- − Repairs & maintenance
- −$1,259
- − Management
- −$1,259
- − Depreciation
- −$2,732
- Taxable income
- $1,970
- Est. tax owed @ 24.0%
- −$473
- After-tax cash flow
- $2,793/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 9 photos
This home requires moderate renovations to improve its condition and increase its value. The kitchen, exterior, and landscaping are the most significant areas that need attention.
Repairs flagged
- Minor Kitchen flooring — The flooring appears to be laminate or vinyl, which may need replacement.
- Minor Bathroom flooring — The flooring appears to be standard, which may need updating.
- Minor Exterior siding — The siding appears to be in fair condition, with some discoloration and wear visible.
- Minor Interior walls/paint — The walls and paint appear to be in fair condition, with some discoloration and wear visible.
- Minor Windows — The windows appear to be in fair condition, with some discoloration and wear visible.
- Minor Landscaping — The landscaping appears to be in fair condition, with some overgrown areas and a need for some maintenance.
Value-add opportunities
- Resale Kitchen renovation — Updating the kitchen with modern appliances and fixtures can significantly increase the home's resale value. ↑
- Resale Exterior painting — Painting the exterior can improve the home's curb appeal and increase its resale value. ↑
- Both Landscaping — A well-maintained and landscaped yard can increase both the resale and rental value of the home. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Akron City
- NCES district ID
- 3904348
- Math proficiency
- 22% ▼ -17.00%
- Reading proficiency
- 30% ▼ -12.00%
- Median HH income
- $33,811
- Composite
- 21.31/100
- National rank
- #8383
- State rank
- #602 of 656 in OH
Livability — Akron
- Score
- 81/100
- State rank
- #104
- US rank
- #1591
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Akron, OH
- County
- Summit County · 546,583 people
- City population
- 174,375
- Metro
- Akron, OH
- Population (ZIP)
- 20,905
- Household income
- $41,688
- Rent vs Own
- Severe rent burden
- 13% of renters
Population outlook (Summit County) Hauer SSP2
- Today (2025)
- 546,583 people
- By 2030
- 544,028 · -0.5%
- By 2040
- 531,363 · -2.8%
- By 2050
- 514,923 · -5.8%
- By 2075
- 481,765 · -11.9%
- By 2100
- 432,265 · -20.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.62)
- Race & ethnicity
- White 48% Black 38% Two or more races 8% Hispanic / Latino 3% Asian 2%
- Common ancestry
- Lithuanian 2% Iranian 1% Scotch-Irish 1%
- Foreign-born
- 4% · Vietnam, Canada, Philippines
- Languages at home
- 94% English-only · Spanish 2% Other Asian/Pacific 1% Vietnamese 1%
Political lean MEDSL · Summit
- 2024 margin
- Lean D (+7.0) · D 53.0% · R 46.0%
- 2008→2024 swing
- -9.6pp toward R · 2008: 16.6pp · 2024: 7.0pp
- All cycles
- 2024: D+7.0 2020: D+9.6 2016: D+8.2 2012: D+14.8 2008: D+16.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -101.46%
- Current HPI
- 132.768
- Rent YoY
- ▲ 7.63%
- Metro
- Akron, OH
- State GDP YoY
- ▲ 1.98%
- F500 in state
- 48
Industry mix (Fortune 500 HQ in OH)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Insurance | 3 | $145B |
|
||
| Industrial Machinery | 3 | $49B |
|
||
| Financial Services | 3 | $24B |
|
||
| Consumer Goods | 2 | $93B |
|
||
| Aerospace / Defense | 2 | $47B |
|
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| Utilities | 2 | $33B |
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Price history
+261.2% since first listed24 events — show timeline
- 2026-05-04 Listed $93,900 MLSNOW
- 2018-11-06 Sold (Public Records) $609,740 Public Records
- 2015-06-08 Sold (Public Records) $69,000 Public Records
- 2015-01-29 Sold (MLS) $15,152 MLSNOW
- 2015-01-02 Listing Removed — MLSNOW
- 2014-10-13 Listed $14,900 MLSNOW
- 2014-09-17 Listing Removed — MLSNOW
- 2014-09-09 Listed $34,900 MLSNOW
- 2014-05-15 Listing Removed — MLSNOW
- 2013-10-19 Listed $16,900 MLSNOW
- 2008-05-05 Sold (Public Records) $78,000 Public Records
- 1998-07-08 Listing Removed — MLSNOW
- 1998-01-23 Listed $68,900 MLSNOW
- 1997-12-01 Listing Removed — MLSNOW
- 1997-06-02 Listed $68,900 MLSNOW
- 1997-05-30 Listing Removed — MLSNOW
- 1997-05-30 Listing Removed — MLSNOW
- 1997-03-14 Listed $78,000 MLSNOW
- 1996-11-08 Listed $77,000 MLSNOW
- 1994-05-13 Sold (Public Records) $32,500 Public Records
- 1986-12-09 Sold (Public Records) $23,548 Public Records
- 1986-09-22 Sold (Public Records) $23,548 Public Records
- 1985-10-11 Sold (Public Records) $12,000 Public Records
- 1985-01-31 Sold (Public Records) $26,000 Public Records
Property tax history
+4.2%/yrLatest (2025): $2,786 · -16.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…