NOT LISTED FOR SALE

Estimated Value: $126,000 - $153,000

3 Beds
1.5 Baths
1,056 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $40,000 $38 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $980/month

9 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Enclosed Patio or Porch

About This Home

As of October 2015

Nice clean and cozy 2 story. Enclosed patio room. Attached garage. CAC. Corner lot. Great opportunity for owner or investor. This is a Fannie Mae Reverse Mortgage foreclosure and sells as-is. Seller cannot make any repairs. Property has been appraised and list price is minimum offer that can be accepted. Property being sold in accordance with guidelines set forth at 24CFR 106.125. $ 1000 minimum earnest money for financed offers and 10% for cash offers. Copy earnest money and either POF statement or appropriate pre approval letter with initial offer.

Last Agent to Sell the Property

Glenn Miller III

Gem Real Estate Assoc., Inc. License #317154 Listed on: 08/26/2015

Last Buyer's Agent

Sandy Allen

Berkshire Hathaway HomeServices Stouffer Realty License #400236

Berkshire Hathaway HomeServices Stouffer Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 6820463

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 37.88
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1056
  • Year Built: 1951
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 1056
  • Estimated Total Living Area: 1056
  • Estimated Sq Ft: 1056

Exterior Features

  • Exterior Features: Enclosed Patio/Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Central Air
  • 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 Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 6820463

Tax Info

  • Tax: 1688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 15, 2015
Sold by
Fannie Mae
Bought by
Mercardo Don Richard
Seller's Agent
Glenn Miller III
Gem Real Estate Assoc., Inc.
Buyer's Agent
Sandy Allen
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$35,000
Sold Price
$40,000
Premium/Discount to List
$5,000
14.29%
Current Estimated Value
$144,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,520
Avg. Annual Appreciation
12.89%
Original Mortgage
$32,000
Outstanding Balance
$26,084
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$106,173

Purchase Details

Closed on
Jun 25, 2015
Sold by
Popian Mary
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 24, 2007
Sold by
Popian Mary and Wilcox Mark
Bought by
Popian Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.44%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 8, 1999
Sold by
Popian Mary
Bought by
Popian Mary and Wilcox Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,600
Interest Rate
7.84%
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
Mercardo Don Richard -- Resource Title
Federal National Mortgage Association $40,000 Attorney
Popian Mary -- Rels Title
Popian Mary -- Midland Commerce Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercardo Don Richard $32,000
Previous Owner Popian Mary $157,500
Previous Owner Popian Mary $27,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $40,000 +14.3% $38 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $35,000 -- $33 / 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 $2,371 $42,483 $10,493 $31,990
2024 $2,371 $42,483 $10,493 $31,990
2023 $2,371 $42,483 $10,493 $31,990
2022 $1,849 $25,592 $6,321 $19,271
2021 $1,851 $25,592 $6,321 $19,271
2020 $1,825 $25,590 $6,320 $19,270
2019 $1,696 $21,470 $6,010 $15,460
2018 $1,675 $21,470 $6,010 $15,460
2017 $1,700 $21,470 $6,010 $15,460
2016 $1,702 $21,470 $6,010 $15,460
2015 $1,700 $21,470 $6,010 $15,460
2014 $1,688 $21,470 $6,010 $15,460
2013 $1,533 $24,300 $6,010 $18,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3742759

MLS Now

APN: 68-20463