NOT LISTED FOR SALE

2505 Mayfair Rd Unit 2507 Akron, OH 44312

Estimated Value: $211,000 - $269,400

5 Beds
2.5 Baths
1,820 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $127,500 $70 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,655/month

186 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Property has an invisible fence for dogs
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • West Facing Home

About This Home

As of March 2018

This ranch duplex is in a great location! Address 2505 features 2 bedrooms and 1 bathroom. The refrigerator and stove were replaced in 2014 and these two appliances, as well as the dishwasher, will remain within this side of the unit. The bathroom and front porch were remodeled for this side of the unit in 2016. Address 2507 features 3 bedrooms and 1.5 bathrooms and will be vacant by November 30th!! In 2013, new carpet was installed in main level, and floors were updated in the dining room and bathroom. Invisible fence installed in 2013 on the side of this unit only. New hot water tank and dishwasher in this side of the unit in 2016. Each unit has an attached single car garage, patio, and balcony deck in the back. The balcony decks were updated in 2014. Electrical supply replaced and buried in 2016. New roof in 2016. Washers and dryers are owned by tenants and will not remain in the units. Stove, microwave, and refrigerator in Address 2507 do not belong to the owner and will not remain in the unit. Passed well and septic inspections on 7/21/2017! Great investment opportunity! Call for your showing appointment today!

Last Agent to Sell the Property

Nancy Oliva

Howard Hanna License #2007004385 Listed on: 07/10/2017

Howard Hanna

Last Buyer's Agent

Darlene Hall

Keller Williams Chervenic Rlty License #337861

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1974

Lot Details

  • 1.03 Acre Lot
  • West Facing Home
  • Property has an invisible fence for dogs
  • Partially Fenced Property
  • Unpaved Streets

Parking

  • 2 Car Direct Access Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 5105978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,827

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 70.05
  • Estimated Price per Sq Ft: 70.05
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1820
  • Year Built: 1974
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Wall Oven, Range, Refrigerator, Smoke Detector
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Detail: Partially Finished
  • Sq Ft Approx Above Grade Finished: 1820.00
  • Sq Ft Approx Total Finished: 1820.00

Exterior Features

  • Exterior: Aluminum
  • Fences: Invisible Pet, Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Access from Unit, Attached, Electric
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Springfield LSD
  • School District: Springfield LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 1.0330
  • Parcel Number: 5105978

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 2827

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Mar 6, 2018
Sold by
Fout Robin R and Fout Terry L
Bought by
Karg Bryan
Seller's Agent
Nancy Oliva
Howard Hanna
Buyer's Agent
Darlene Hall
Keller Williams Chervenic Rlty
List Price
$129,900
Sold Price
$127,500
Premium/Discount to List
-$2,400
-1.85%
Current Estimated Value
$246,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,862
Avg. Annual Appreciation
8.84%
Original Mortgage
$125,118
Outstanding Balance
$107,339
Interest Rate
4.15%
Mortgage Type
FHA
Estimated Equity
$132,514

Purchase Details

Closed on
Apr 29, 2014
Sold by
Savage Susan D and Savage Laura J
Bought by
Fout Robin R and Fout Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,100
Interest Rate
4.41%
Mortgage Type
New Conventional
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
Karg Bryan $127,500 America Land Title
Fout Robin R $97,515 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karg Bryan $16,242
Open Karg Bryan $125,118
Previous Owner Fout Robin R $73,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $127,500 0.0% $70 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
09/07/2017 09/07/17 Price Changed $127,500 -1.8% $70 / Sq Ft
07/25/2017 07/25/17 For Sale $129,900 0.0% $71 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $129,900 -- $71 / 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 $3,755 $67,456 $10,623 $56,833
2024 $3,755 $67,456 $10,623 $56,833
2023 $3,755 $67,456 $10,623 $56,833
2022 $3,235 $50,341 $7,928 $42,413
2021 $3,162 $50,341 $7,928 $42,413
2020 $3,117 $50,340 $7,930 $42,410
2019 $3,459 $51,770 $6,490 $45,280
2018 $3,323 $51,770 $6,490 $45,280
2017 $2,800 $51,770 $6,490 $45,280
2016 $2,827 $41,920 $6,490 $35,430
2015 $2,800 $41,920 $6,490 $35,430
2014 $2,778 $42,100 $6,490 $35,610
2013 $2,977 $44,200 $6,490 $37,710
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nancy Oliva

    Howard Hanna

    (330) 475-4720

    57 Total Sales

    Section Image
  • Darlene Hall

    Buyer's Agent in 2018

    Darlene Hall

    Keller Williams Chervenic Rlty

    (330) 472-1158

    466 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 3921159

MLS Now

APN: 51-05978

Ohio Summit County Akron 44312

2505 Mayfair Rd Unit 2507, Akron, OH

This home is located at 2505 Mayfair Rd Unit 2507, Akron, OH 44312 since 10 July 2017 and is currently estimated at $235,100, approximately $129 per square foot. This property was built in 1974. 2505 Mayfair Rd Unit 2507 is a home located in Summit County with nearby schools including Springfield High School, Chapel Hill Christian School-Green Campus, and Academy of the Immaculate Heart of Mary.

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