NOT LISTED FOR SALE

487 Ely Rd Akron, OH 44313

Fairlawn Heights Neighborhood

Estimated Value: $383,000 - $452,000

4 Beds
4 Baths
2,848 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $285,000 $100 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,698/month

1 Day on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of July 2021

This home is located at 487 Ely Rd, Akron, OH 44313 since 02 June 2021 and is currently estimated at $418,536, approximately $146 per square foot. This property was built in 1979. 487 Ely Rd is a home located in Summit County with nearby schools including Our Lady Of The Elms Elementary School, Discovery Montessori School, and St. Hilary Elementary School.

Last Agent to Sell the Property

Michael Payne

Cutler Real Estate License #2006004553 Listed on: 06/02/2021

Cutler Real Estate

Last Buyer's Agent

Laura Buehner

EXP Realty, LLC. License #2015003709

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 1979

Lot Details

  • 0.43

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Fairlawn Heights Community

Listing and Financial Details

  • Assessor Parcel Number 6852562

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,120

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 100.07
  • Estimated Price per Sq Ft: 100.07
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2848
  • Year Built: 1979
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Main Half Bathrooms: 2
  • Basement Detail: Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2848.00
  • Sq Ft Approx Total Finished: 2848.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Fairlawn Heights

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6852562

Tax Info

  • Tax: 6120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 23, 2021
Sold by
Fatur Michael C and Frank R Fatur Revocable Living
Bought by
Foster Joshua and Foster Joanna
Seller's Agent
Michael Payne
Cutler Real Estate
Buyer's Agent
Laura Buehner
EXP Realty, LLC.
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$418,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,536
Avg. Annual Appreciation
9.00%
Original Mortgage
$228,000
Outstanding Balance
$207,064
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$211,472

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jun 29, 2021
Sold by
Fatur Jr Frank R
Bought by
Frank R Fatur Revocable Living Trust
Seller's Agent
Michael Payne
Cutler Real Estate
Buyer's Agent
Laura Buehner
EXP Realty, LLC.
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$207,064
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$211,472

Purchase Details

Closed on
Mar 3, 2020
Sold by
Fatur Frank R
Bought by
Fatur Frank R and The Frank R Fatur Revocable Li
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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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
Foster Joshua $285,000 Minnesota
Frank R Fatur Revocable Living Trust -- --
Fatur Frank R -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Joshua $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $285,000 -5.0% $100 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $299,900 -- $105 / 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
2024 $6,385 $118,983 $21,676 $97,307
2023 $6,385 $118,983 $21,676 $97,307
2022 $6,208 $90,829 $16,548 $74,281
2021 $5,645 $90,829 $16,548 $74,281
2020 $5,561 $90,830 $16,550 $74,280
2019 $5,647 $84,540 $22,670 $61,870
2018 $5,573 $84,540 $22,670 $61,870
2017 $5,447 $84,540 $22,670 $61,870
2016 $5,451 $81,530 $22,670 $58,860
2015 $5,447 $81,530 $22,670 $58,860
2014 $5,403 $81,530 $22,670 $58,860
2013 $4,648 $72,120 $22,670 $49,450
Source: Public Records

Agents Affiliated with this Home

  • Michael Payne

    Seller's Agent in 2021

    Michael Payne

    Cutler Real Estate

    (330) 808-1993

    1 in this area

    84 Total Sales

    Michael Payne
    Section Image

  • L

    Buyer's Agent in 2021

    Laura Buehner

    EXP Realty, LLC.

    (330) 620-2578

    2 in this area

    90 Total Sales

    Laura Buehner
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4285136

MLS Now

APN: 68-52562

Ohio Summit County Akron 44313 Fairlawn Heights

487 Ely Rd, Akron, OH

Not Listed for Sale

Detached

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