NOT LISTED FOR SALE

1578 Salem Ave Akron, OH 44306

Ellet Neighborhood

Estimated Value: $86,000 - $126,000

3 Beds
2 Baths
1,067 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 02, 2015

Last sale price $45,000 $42 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $761/month

250 Days on Market

Highlights

  • Cape Cod Architecture
  • Porch
  • Wood Fence
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of April 2015

Why rent when you can own? Welcome to this lovely 3 bedroom, 2 bathroom bungalow. There are 2 bedrooms on the first floor. The entire second floor is a large master suite with a full private bathroom. Enjoy summer evenings on your front porch and BBQ's on your back deck. The mechanicals have been recently updated. All of this plus a 2 car garage. Motivated seller! Bring an offer.

Last Agent to Sell the Property

Nikki Fanizzi

RE/MAX Trends Realty License #2003021302 Listed on: 06/05/2014

RE/MAX Trends Realty

Last Buyer's Agent

Nikki Fanizzi

RE/MAX Trends Realty License #2003021302 Listed on: 06/05/2014

RE/MAX Trends Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Wood Fence
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,067 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • East Akron Terrace Community

Listing and Financial Details

  • Assessor Parcel Number 6809477

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Cape Cod
  • Price Per Square Foot: 42.17
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1067
  • Year Built: 1924
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Appliances Equipment: Microwave, Smoke Detector
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 1067
  • Estimated Total Living Area: 1067
  • Estimated Sq Ft: 1067

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: East Akron Terrace

Schools

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

Lot Info

  • Lot Dimensions: 40x120
  • Lot Size Area Sq Ft: 0.1102
  • Lot Size Units: Acres
  • Acres: 0.1102
  • Parcel Number: 6809477

Tax Info

  • Tax: 1292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
May Robert C and Wilmington Savings Fund Societ
Bought by
Freedom Neo Properties Llc
Current Estimated Value
$110,620

Purchase Details

Listed on
Jun 5, 2014
Closed on
Apr 2, 2015
Sold by
Tallmadge Housing Rehab Llc
Bought by
May Robert C
Seller's Agent
Nikki Fanizzi
RE/MAX Trends Realty
Buyer's Agent
Nikki Fanizzi
RE/MAX Trends Realty
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$44,184
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2008
Sold by
Grp Loan Llc
Bought by
Tallmadge Housing Rehab Llc

Purchase Details

Closed on
Nov 28, 2007
Sold by
Coffe Deborah
Bought by
Grp Loan Llc

Purchase Details

Closed on
Feb 23, 2005
Sold by
Jjc Investors Inc
Bought by
Coffe Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Fannie Mae
Bought by
Jjc Investors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Litton Timothy J
Bought by
Fanniemae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 17, 1998
Sold by
Cole Properties Ltd
Bought by
Litton Timothy J and Litton Christina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,920
Interest Rate
6.59%

Purchase Details

Closed on
Nov 7, 1998
Sold by
Schilling Peter G
Bought by
Cole Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,920
Interest Rate
6.59%
Source: Public Records

Range of Values:

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Average Value
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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
Freedom Neo Properties Llc $49,200 None Available
May Robert C $45,000 None Available
Tallmadge Housing Rehab Llc $20,200 Ohio Real Title
Grp Loan Llc $46,000 None Available
Coffe Deborah $78,000 --
Jjc Investors Inc $39,000 Beacon Title Agency Inc
Fanniemae $38,000 --
Litton Timothy J $64,900 Northeast Title Agency Inc
Cole Properties Ltd $50,000 Northeast Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May Robert C $44,184
Previous Owner Coffe Deborah $70,200
Previous Owner Litton Timothy J $51,920
Closed Litton Timothy J $12,980
Closed Coffe Deborah $3,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2015 04/02/15 Sold $45,000 -24.9% $42 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
06/05/2014 06/05/14 For Sale $59,900 -- $56 / 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 $1,954 $17,220 $4,200 $13,020
2024 $1,954 $34,427 $8,950 $25,477
2023 $1,954 $34,427 $8,950 $25,477
2022 $1,450 $20,728 $5,296 $15,432
2021 $1,774 $20,728 $5,296 $15,432
2020 $1,980 $20,730 $5,300 $15,430
2019 $1,280 $17,220 $5,300 $11,920
2018 $1,263 $17,220 $5,300 $11,920
2017 $1,317 $17,220 $5,300 $11,920
2016 $1,284 $17,220 $5,300 $11,920
2015 $1,317 $17,220 $5,300 $11,920
2014 $1,440 $17,220 $5,300 $11,920
2013 $1,292 $17,380 $5,300 $12,080
Source: Public Records

Agents Affiliated with this Home

  • Nikki Fanizzi

    Seller's Agent in 2015

    Nikki Fanizzi

    RE/MAX

    (330) 807-7005

    34 in this area

    388 Total Sales

    Nikki Fanizzi
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Map

Source: MLS Now

MLS Number: 3624675

MLS Now

APN: 68-09477

Ohio Summit County Akron 44306 Ellet

1578 Salem Ave, Akron, OH

This home is located at 1578 Salem Ave, Akron, OH 44306 since 05 June 2014 and is currently estimated at $110,620, approximately $103 per square foot. This property was built in 1924. 1578 Salem Ave is a home located in Summit County with nearby schools including Ellet High School, Akron Preparatory school, and Eagle Elementary.

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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