NOT LISTED FOR SALE

1518 Lake Rd Akron, OH 44306

Estimated Value: $56,000 - $106,000

2 Beds
1 Bath
800 Sq Ft
$96/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $53,000 $66 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $510/month

10 Days on Market

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • Wood Fence
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of March 2024

Welcome to 1518 Lake Road. This cozy 2 Bedrooms Ranch with a detached Garage is located in a great area. This home features 2 Bedrooms, Living Room and Kitchen. This property Kitchen and Bathroom is gutted. This fixer upper will be a great First Time Home for retired couple or Income Property. This home is located minutes away from the Springfield Lake and many other amenities. Call for your private showing today!!!

Last Agent to Sell the Property

Richard Burroughs

H & R Burroughs Realty, Inc. Brokerage Email: 330-351-2367 burroughsrealty@aol.com License #262324 Listed on: 01/29/2024

Last Buyer's Agent

Tudor Vadana

Keller Williams Elevate License #2021003149

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 3,267 Sq Ft Lot
  • Lot Dimensions are 37x88
  • Wood Fence
  • Chain Link Fence

Parking

  • 1 Car Detached Garage
  • Unpaved Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 1-Story Property
  • Enclosed Patio or Porch
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 5400324

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1918
  • Attribution Contact: 330-351-2367 burroughsrealty@aol.com
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Real Estate Owned
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Wood
  • Acres: 0.075
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Springfield LSD Summit- 7713

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5400324
  • LandLeaseYN: No
  • Lot Dimensions: 37x88
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1514.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 4, 2024
Sold by
Nazareth Housing Development Corporation
Bought by
Abney Charlotte
Seller's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
Buyer's Agent
Tudor Vadana
Keller Williams Elevate
List Price
$59,900
Sold Price
$53,000
Premium/Discount to List
-$6,900
-11.52%
Views
78
Current Estimated Value
$77,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,085
Avg. Annual Appreciation
5.95%

Purchase Details

Closed on
May 17, 2010
Sold by
Glass Kevin P
Bought by
Us Bank National Association

Purchase Details

Closed on
May 11, 2010
Sold by
Us Bank National Association
Bought by
Nazareth Housing Development Corporation
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
Abney Charlotte $53,000 Infinity Title
Us Bank National Association $36,788 None Available
Nazareth Housing Development Corporation $22,900 Resource Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glass Kevin $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $53,000 -11.5% $66 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $59,900 -- $75 / 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 $1,185 $23,667 $6,209 $17,458
2024 $1,185 $23,667 $6,209 $17,458
2023 $1,185 $23,667 $6,209 $17,458
2022 $1,059 $18,785 $4,928 $13,857
2021 $1,070 $18,785 $4,928 $13,857
2020 $1,054 $18,790 $4,930 $13,860
2019 $895 $14,720 $4,680 $10,040
2018 $902 $15,060 $4,680 $10,380
2017 $938 $15,060 $4,680 $10,380
2016 $947 $15,060 $4,680 $10,380
2015 $938 $15,060 $4,680 $10,380
2014 $861 $15,060 $4,680 $10,380
2013 $871 $15,110 $4,680 $10,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5013429

MLS Now

APN: 54-00324