NOT LISTED FOR SALE

1041 Fairbanks Place Akron, OH 44306

Middlebury Neighborhood

Estimated Value: $40,000 - $88,000

3 Beds
1 Bath
1,283 Sq Ft
$49/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $13,000 $10 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $406/month

131 Days on Market

About This Home

As of December 2021

Property ready for immediate sale. Schedule a tour and make it your own today. Vacant.

Last Agent to Sell the Property

Jad Boudiab

B2B Realty License #2018001400 Listed on: 06/10/2021

Last Buyer's Agent

Jad Boudiab

B2B Realty License #2018001400 Listed on: 06/10/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 2,509 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,283 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 6715505

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 10.13
  • Estimated Price per Sq Ft: 10.13
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1283
  • Year Built: 1917
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1917

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1283.00
  • Sq Ft Approx Total Finished: 1283.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Akron CSD
  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0576
  • Parcel Number: 6715505

Tax Info

  • Tax: 797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Nov 10, 2021
Sold by
Patel Usha R and The Usha R Patel Revocable Liv
Bought by
Brice April
Seller's Agent
Jad Boudiab
B2B Realty
Buyer's Agent
Jad Boudiab
B2B Realty
List Price
$24,000
Sold Price
$13,000
Premium/Discount to List
-$11,000
-45.83%
Current Estimated Value
$62,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,667
Avg. Annual Appreciation
40.44%
Original Mortgage
$125,589
Outstanding Balance
$116,520
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$70,853

Purchase Details

Closed on
May 15, 2004
Sold by
Patel Usha R
Bought by
Patel Usha R and The Usha R Patel Revocable Living Trust

Purchase Details

Closed on
Apr 19, 2004
Sold by
Estate Of Rajnikant M Patel
Bought by
Patel Usha R

Purchase Details

Closed on
Apr 29, 2002
Sold by
Willan David
Bought by
Patel Rajnikant M and Patel Usha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2002
Sold by
Harrah Burl A & Janice C Co Trustees
Bought by
Willan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brice April $13,000 None Available
Patel Usha R -- --
Patel Usha R -- --
Patel Rajnikant M $45,000 First Security Title Corpora
Willan David $31,100 First Security Title Corpora
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brice April $125,589
Previous Owner Patel Rajnikant M $50,000
Previous Owner Patel Rajnikant M $45,000
Previous Owner Willan David $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $13,000 +8.3% $10 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $12,000 -50.0% $9 / Sq Ft
06/10/2021 06/10/21 For Sale $24,000 -- $19 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $803 $9,241 $2,867 $6,374
2024 $803 $14,172 $2,867 $11,305
2023 $803 $14,172 $2,867 $11,305
2022 $753 $10,385 $2,048 $8,337
2021 $1,269 $11,208 $2,048 $9,160
2020 $797 $11,210 $2,050 $9,160
2019 $923 $11,920 $3,090 $8,830
2018 $911 $11,920 $3,090 $8,830
2017 $839 $11,920 $3,090 $8,830
2016 $840 $10,740 $3,090 $7,650
2015 $839 $10,740 $3,090 $7,650
2014 $833 $10,740 $3,090 $7,650
2013 $866 $11,440 $3,090 $8,350
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jad Boudiab

    B2B Realty

    (216) 533-2825

    1 in this area

    5 Total Sales

    Jad Boudiab
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Map

Source: MLS Now

MLS Number: 4278765

MLS Now

APN: 67-15505

Ohio Summit County Akron 44306 Middlebury

1041 Fairbanks Place, Akron, OH

This home is located at 1041 Fairbanks Place, Akron, OH 44306 since 10 June 2021 and is currently estimated at $62,667, approximately $48 per square foot. This property was built in 1917. 1041 Fairbanks Place is a home located in Summit County with nearby schools including Case Preparatory Academy, Middlebury Academy, and Akron Preparatory school.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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