NOT LISTED FOR SALE

2507 Mayfair Rd Akron, OH 44312

Estimated Value: $206,000 - $263,909

5 Beds
2 Baths
1,820 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2014

Last sale price $97,515 $54 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,557 / mo

61 Days on Market

Highlights

  • 1 Car Direct Access Garage
  • West Facing Home
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

Great location both sides have patio and deck, all appliances belong to owner, each unit has one car garage. The lot is large and irregular with extra parking. One tenant 20 years and the other is new. Tenants pay all utilities. Priced to sell.

Last Agent to Sell the Property

Bev Amick

Deleted Agent License #401687 Listed on: 01/28/2014

Last Buyer's Agent

Nancy Oliva

Howard Hanna License #2007004385

Howard Hanna

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 1.03 Acre Lot
  • West Facing Home

Parking

  • 1 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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5105978

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

1.03 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 53.58
  • Num Of Stories: 1.00
  • Total Sq Ft: 1820
  • Year Built: 1974
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Wall Oven, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Partially Finished
  • Estimated Sq Ft: 1820

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Garage Features: Access from Unit, Attached, Detached, Electric
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Springfield LSD

Lot Info

  • Lot Size Area Sq Ft: 44984.0000
  • Lot Size Units: Acres
  • Price Per Acre: 114263.58
  • Acres: 1.0330
  • Parcel Number: 5105978

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 1
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2976

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2018
Sold by
Fout Robin R and Fout Terry L
Bought by
Karg Bryan
Current Estimated Value
$236,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,118
Outstanding Balance
$106,626
Interest Rate
4.15%
Mortgage Type
FHA
Estimated Equity
$129,601

Purchase Details

Listed on
Jan 28, 2014
Closed on
Apr 29, 2014
Sold by
Savage Susan D and Savage Laura J
Bought by
Fout Robin R and Fout Terry L
Seller's Agent
Bev Amick
Deleted Agent
Buyer's Agent
Nancy Oliva
Howard Hanna
List Price
$118,000
Sold Price
$97,515
Premium/Discount to List
-$20,485
-17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$73,100
Interest Rate
4.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $125,118
Previous Owner Fout Robin R $73,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $97,515 -17.4% $54 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $118,000 -- $65 / Sq Ft
Source: MLS Now

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

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Map

Source: MLS Now

MLS Number: 3472372

MLS Now

APN: 51-05978

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