NOT LISTED FOR SALE

162 Melbourne Ave Akron, OH 44313

Wallhaven Neighborhood

Estimated Value: $217,000 - $271,000

3 Beds
1.5 Baths
1,666 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $177,000 $106 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,639/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • Deck
  • Enclosed Patio or Porch
  • Home Security System

About This Home

As of March 2020

Welcome to 162 Melbourne Ave, a 3 Bedroom, 1.5 Bath 2 Sty Colonial home located in the heart of Castle Park, a highly desirable neighborhood in Northwest Akron. This home has been loving updated including a new kitchen with granite countertops, contemporary ceramic flooring and to the ceiling cabinets for extra storage. All stainless steel appliances were new in 2014 and stay with the home. An updated half bath is conveniently located off the kitchen. The spacious Living Room boasts beautiful hardwood floors, new lighting, and an elegant fireplace. Dining Room has original built-in cabinets with new hardware, hardwood floors, and French doors that connect to a light-filled Sunroom with easy maintenance Nature Stone Flooring. It's the perfect place to sip your morning cup of Java. The second-floor hosts three bedrooms with neutral and contemporary paint, hardwood floors and a full bath. The lower level boasts a large finished recreation room/man cave with laminate flooring. 2018 Updates include Finished Basement, New Landscaping (front and back). Deck was refinished in 2017. 2014 Updates include Exterior Painting, Exterior Doors, Roof, HVAC, A/C, Exterior Drains and Downspouts, Kitchen, Half Bath, Hot Water Tank, Dishwasher, Stove, Refrigerator, Washer/Dryer. The seller has done over $60K in updates to this move-in ready stylish home. Call or text to set up your private showing as soon as possible as this home is a gem and will not last.

Last Agent to Sell the Property

Deborah Little

Howard Hanna License #2016002852 Listed on: 01/24/2020

Howard Hanna

Last Buyer's Agent

Sue Riemenschneider

Berkshire Hathaway HomeServices Stouffer Realty License #425354

Berkshire Hathaway HomeServices Stouffer Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1950

Lot Details

  • 8,250 Sq Ft Lot
  • East Facing Home

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

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

Community Details

  • Castle Park Community

Listing and Financial Details

  • Assessor Parcel Number 6817062

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,166

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 124.91
  • Estimated Price per Sq Ft: 124.91
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1417
  • Year Built: 1950
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Security System, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 8
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1417.00
  • Sq Ft Approx Below Grade Finished: 249.00
  • Sq Ft Approx Total Finished: 1666.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck, Enclosed Patio/Porch, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Castle Park

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1894
  • Parcel Number: 6817062

Tax Info

  • Tax: 3166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 9, 2020
Sold by
Marissa Pappas
Bought by
Riemenschneider Lauren L
Seller's Agent
Deborah Little
Howard Hanna
Buyer's Agent
Sue Riemenschneider
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$179,000
Sold Price
$177,000
Premium/Discount to List
-$2,000
-1.12%
Current Estimated Value
$249,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,710
Avg. Annual Appreciation
6.05%
Original Mortgage
$132,750
Outstanding Balance
$117,290
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$132,420

Purchase Details

Listed on
Mar 31, 2014
Closed on
May 6, 2014
Sold by
Wells Fargo Bank Na
Bought by
Pappas Marissa
Seller's Agent
Christopher Stevens
I Heart Real Estate, LLC.
Buyer's Agent
David Montoney
RE/MAX Crossroads Properties
List Price
$83,000
Sold Price
$78,000
Premium/Discount to List
-$5,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$77,718
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2014
Closed on
Mar 17, 2014
Sold by
Jones James R
Bought by
Wells Fargo Bank Na
Seller's Agent
Christopher Stevens
I Heart Real Estate, LLC.
Buyer's Agent
David Montoney
RE/MAX Crossroads Properties
List Price
$83,000
Sold Price
$78,000
Premium/Discount to List
-$5,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,718
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2012
Sold by
Jones Courtney D
Bought by
Jones James R

Purchase Details

Closed on
Feb 9, 2007
Sold by
Sirva Relocation Llc
Bought by
Jones James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.27%
Mortgage Type
Balloon

Purchase Details

Closed on
May 24, 2006
Sold by
Nithang Aaron N
Bought by
Sirva Relocation Llc

Purchase Details

Closed on
Jun 18, 2004
Sold by
Gordon Russell L and Gordon Christine
Bought by
Nithang Aaron N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riemenschneider Lauren L $177,000 Barristers Of Ohio
Pappas Marissa $81,809 None Available
Wells Fargo Bank Na $86,000 None Available
Jones James R -- Attorney
Jones James R $145,000 Barristers Title
Sirva Relocation Llc $164,000 Barristers Title
Nithang Aaron N $162,500 Midland Commerce Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riemenschneider Lauren L $132,750
Previous Owner Pappas Marissa $77,718
Previous Owner Jones James R $144,000
Previous Owner Nithang Aaron N $130,000
Closed Nithang Aaron N $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2020 03/11/20 Sold $177,000 -1.1% $106 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $179,000 +129.5% $107 / Sq Ft
05/09/2014 05/09/14 Sold $78,000 -6.0% $65 / Sq Ft View Prior Sale
04/07/2014 04/07/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $83,000 -- $69 / 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 $4,161 $65,013 $13,843 $51,170
2024 $3,449 $65,013 $13,843 $51,170
2023 $3,449 $65,013 $13,843 $51,170
2022 $3,359 $49,715 $10,567 $39,148
2021 $3,363 $49,715 $10,567 $39,148
2020 $3,117 $46,680 $10,570 $36,110
2019 $3,166 $43,110 $10,250 $32,860
2018 $3,124 $43,110 $10,250 $32,860
2017 $3,173 $43,110 $10,250 $32,860
2016 $3,176 $43,110 $10,250 $32,860
2015 $3,173 $43,110 $10,250 $32,860
2014 $3,148 $43,110 $10,250 $32,860
2013 $3,528 $46,040 $10,250 $35,790
Source: Public Records

Agents Affiliated with this Home

  • Deborah Little

    Seller's Agent in 2020

    Deborah Little

    Howard Hanna

    (330) 208-3878

    2 in this area

    23 Total Sales

    Deborah Little
    Section Image
  • Sue Riemenschneider

    Buyer's Agent in 2020

    Sue Riemenschneider

    Berkshire Hathaway HomeServices Stouffer Realty

    (330) 808-3215

    56 Total Sales

    Sue Riemenschneider
    Section Image
  • Christopher Stevens

    Seller's Agent in 2014

    Christopher Stevens

    I Heart Real Estate, LLC.

    (800) 259-7670

    62 Total Sales

    Christopher Stevens
    Section Image
  • David Montoney

    Buyer's Agent in 2014

    David Montoney

    RE/MAX Crossroads

    (330) 329-3274

    3 in this area

    80 Total Sales

    David Montoney
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4162712

MLS Now

APN: 68-17062

Ohio Summit County Akron 44313 Wallhaven

162 Melbourne Ave, Akron, OH

Not Listed for Sale

Detached

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