NOT LISTED FOR SALE

Estimated Value: $629,000

0.5 Acre
$1,258,000 Price per Acre
21,780 Sq Ft Lot

Sale Details

Date Sold: January 14, 2021

Last sale price $10,000

Est. 6,190% increase in value since last sale

Current estimated payment $3,364 / mo

9 Days on Market

About This Lot

As of January 2021

What a great investment opportunity! Two 4 unit properties located on Modagore Rd in Akron, Oh. 100% occupied, public sewer and water.

Unit 3048 updates include: 2016 - New roof, 2017, New concrete drive, (1) new A/C unit.
Unit 3036 updates include: New Roof - 2016, New brick and windows on the east side, new A/C units (3), 2017 - new concrete drive.

Lot 3042 is located between both buildings and could be used to build a thrid building (per all local requirements. This lot also qualifies for Akron incentive and could receive NO TAXES if a building is constructed, subject to all local requirements)

Last Agent to Sell the Property

Greg Stearn

RE/MAX Trends Realty License #2014001702 Listed on: 12/14/2020

RE/MAX Trends Realty

Last Buyer's Agent

Greg Stearn

RE/MAX Trends Realty License #2014001702 Listed on: 12/14/2020

RE/MAX Trends Realty

Property Details

Property Type

  • Land

Lot Details

  • 21,780 Sq Ft Lot

Community Details

  • Forest Hills Community

Listing and Financial Details

  • Assessor Parcel Number 6806357

Property Details

Property Type

Land

Lot Details

0.5 Acres

Listing Details

  • Property Type: Land
  • Property Subtype: Land
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Forest Hills

Schools

  • School District: Akron Csd

Lot Info

  • Additional Assessor Parcel Number 1: 6831339
  • Additional Assessor Parcel Number 2: 6806356
  • Lot Size Units: Acres
  • Acres: 0.5000
  • Parcel Number: 6806357

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 6733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Jan 13, 2021
Sold by
Norris Noel W and Cultrona James V
Bought by
Rossi Real Estate Llc
Seller's Agent
Greg Stearn
RE/MAX Trends Realty
Buyer's Agent
Greg Stearn
RE/MAX Trends Realty
List Price
$375,000
Sold Price
$10,000
Premium/Discount to List
-$365,000
-97.33%
Current Estimated Value
$629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,000

Purchase Details

Closed on
Jan 14, 2020
Sold by
Norris Noel W and Norris Heidi A
Bought by
Rossi Real Estate Llc

Purchase Details

Listed on
Aug 14, 2016
Closed on
Oct 28, 2016
Sold by
Ellis Terry L and Ellis Katherine L
Bought by
Norris Noel W and Cultrona James V
Seller's Agent
Christopher Soulsby
Deleted Agent
Buyer's Agent
Theresa Crimaldi
Deleted Agent
List Price
$15,000
Sold Price
$9,500
Premium/Discount to List
-$5,500
-36.67%

Purchase Details

Closed on
Jan 25, 2002
Sold by
Marquette Phillip G and Marquette Emily B
Bought by
Ellis Terry L and Ellis Katherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 1997
Sold by
Marquette Phillip G and Marquette Emily B
Bought by
Vancellis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Rossi Real Estate Llc $345,000 American Title
Rossi Real Estate Llc $345,000 Kingdom Title
Norris Noel W $219,500 None Available
Ellis Terry L $114,034 Cardinal First Title Inc
Vancellis $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Terry L $114,500
Previous Owner Vancellis $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2021 01/14/21 Sold $10,000 -97.3% --
12/23/2020 12/23/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $375,000 +3847.4% --
11/01/2016 11/01/16 Sold $9,500 -36.7% -- View Prior Sale
08/30/2016 08/30/16 Pending -- -- --
08/14/2016 08/14/16 For Sale $15,000 -- --
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 $619 $5,019 $5,019 --
2024 $619 $5,019 $5,019 --
2023 $628 $5,019 $5,019 --
2022 $628 $5,019 $5,019 $0
2021 $629 $5,019 $5,019 $0
2020 $532 $5,020 $5,020 $0
2019 $530 $4,890 $4,890 $0
2018 $530 $4,890 $4,890 $0
2017 $2,550 $4,890 $4,890 $0
2016 $2,550 $5,150 $5,150 $0
2015 $2,550 $5,150 $5,150 $0
2014 $3,179 $34,950 $5,150 $29,800
2013 $2,569 $27,330 $4,380 $22,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4245402

MLS Now

APN: 68-06357

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