NOT LISTED FOR SALE

397 South Ave Tallmadge, OH 44278

Estimated Value: $81,000 - $211,197

4 Beds
1 Bath
1,682 Sq Ft
$78/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $75,000 $45 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $953/month

37 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System
  • No HOA

About This Home

As of February 2024

Historic property in Tallmadge ready for a new owner. This home is ready to be customized with your finishes and personal touch. The large kitchen flows nicely to the family and living rooms. The back porch overlooks a nice sized back yard with plenty of room for your entertainment. Property is registered as historic.

Last Agent to Sell the Property

Steve Burgess

Cutler Real Estate Brokerage Email: sburgess@cutlercigroup.com (330) 327-3393 License #2003001789 Listed on: 11/28/2023

Cutler Real Estate

Last Buyer's Agent

Journey Toole

Keller Williams Living License #2021004623

Keller Williams Living

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1858

Lot Details

  • 0.54

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,682 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Unpaved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Porch
  • 0.54 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6003171

Home Details

Home Type

Single Family

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1858
  • Attribution Contact: sburgess@cutlercigroup.com (330) 327-3393
  • Above Grade Finished Sq Ft: 1682.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.5372
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Tallmadge CSD - 7715

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6003171
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2055.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 10, 2024
Sold by
New Resid Mortgage Loan Trust
Bought by
Orakpo Investments Ohio Llc
Seller's Agent
Steve Burgess
Cutler Real Estate
Buyer's Agent
Journey Toole
Keller Williams Living
List Price
$69,900
Sold Price
$75,000
Premium/Discount to List
$5,100
7.3%
Views
82
Current Estimated Value
$131,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,049
Avg. Annual Appreciation
45.23%
Original Mortgage
$85,000
Outstanding Balance
$83,911
Interest Rate
6.62%
Estimated Equity
$48,334

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 3, 2024
Sold by
Baker Barry D
Bought by
New Resid Mortgage Loan Trust
Seller's Agent
Steve Burgess
Cutler Real Estate
Buyer's Agent
Journey Toole
Keller Williams Living
List Price
$69,900
Sold Price
$75,000
Premium/Discount to List
$5,100
7.3%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$83,911
Interest Rate
6.62%
Estimated Equity
$48,334
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Orakpo Investments Ohio Llc $75,000 Avenue 365 Lender Services
New Resid Mortgage Loan Trust $78,033 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orakpo Investments Ohio Llc $85,000
Closed Orakpo Investments Ohio Llc $85,000
Previous Owner James Rodney Bruce $100,800
Previous Owner James Rodney Bruce $25,200
Previous Owner James Rodney Bruce $124,189
Previous Owner James Rodney Bruce $36,469
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $75,000 +7.3% $45 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/30/2023 12/30/23 For Sale $69,900 0.0% $42 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
12/29/2023 12/29/23 For Sale $69,900 0.0% $42 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $69,900 -- $42 / 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 $2,862 $15,369 $11,865 $3,504
2024 $2,862 $44,013 $11,865 $32,148
2023 $2,862 $44,013 $11,865 $32,148
2022 $2,498 $33,674 $9,058 $24,616
2021 $2,064 $33,674 $9,058 $24,616
2020 $2,048 $33,680 $9,060 $24,620
2019 $2,131 $31,330 $8,510 $22,820
2018 $1,877 $31,330 $8,510 $22,820
2017 $2,242 $31,330 $8,510 $22,820
2016 $1,918 $29,420 $8,510 $20,910
2015 $2,242 $29,420 $8,510 $20,910
2014 $2,188 $29,420 $8,510 $20,910
2013 $2,150 $29,570 $8,510 $21,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4506468

MLS Now

APN: 60-03171