NOT LISTED FOR SALE

488 Lessig Ave Akron, OH 44312

Estimated Value: $96,000 - $173,000

3 Beds
1 Bath
722 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $48,400 $67 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $894/month

15 Days on Market

About This Home

As of February 2022

Investment Opportunity - Handyman Home - Large Lot - Akron – Summit Co. - Springfield LSD - Online Bidding Available - ABSOLUTE AUCTION, all sells to the highest bidder. ONLINE BIDDING BEGINS FRIDAY – DECEMBER 10, 2021 – 12:00 PM and AUCTION LIVE ON-SITE BIDDING WILL BEGIN WEDNESDAY - DECEMBER 15, 2021 - 12:30 PM. Real Estate: Investment opportunity! 3-bedroom handyman ranch home on a .75-ac. lot. Home features the main level kitchen, living area with access to deck, 3 bedrooms, and full bath. Full basement. Upgrades include AC & furnace (2013), siding, windows, and new electric (2000). 722 SF home. Ready for investor or new owner-occupant. Taxes are $743.21 per half-year. Home will be open for viewing 2 hours prior to the auction. Live and online bidding available. TERMS ON REAL ESTATE: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.

Last Agent to Sell the Property

Pete Kiko

Kiko License #2018000907 Listed on: 11/30/2021

Co-Listed By

Gabe Cozy

Kiko License #2019001101

Last Buyer's Agent

Pete Kiko

Kiko License #2018000907 Listed on: 11/30/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.75 Acre Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 722 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Springfield Mogadore Community

Listing and Financial Details

  • Assessor Parcel Number 5108078

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 67.04
  • Estimated Price per Sq Ft: 67.04
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 722
  • Year Built: 1947
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Common
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 722.00
  • Sq Ft Approx Total Finished: 722.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Springfield Mogadore

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 51-08076
  • Lot Size Units: Acres
  • Acres: 0.7490
  • Parcel Number: 5108078

Tax Info

  • Tax: 1486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Feb 22, 2022
Sold by
Krokos Anthony M and Krokos Janet M
Bought by
Frost Patrick
Seller's Agent
Pete Kiko
Kiko
Buyer's Agent
Pete Kiko
Kiko
List Price
$48,400
Sold Price
$48,400
Current Estimated Value
$134,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,834
Avg. Annual Appreciation
30.59%

Purchase Details

Listed on
Aug 23, 2017
Closed on
Oct 30, 2017
Sold by
Oliver Deborah S
Bought by
Krokos Janet M and Krokos Anthony M
Seller's Agent
Kelly Wise Buzek
Keller Williams Chervenic Rlty
Buyer's Agent
Kathie Lutz
Century 21 Goldfire Realty
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Cutright Sharon A and Oliver William L
Bought by
Oliver Deborah S
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
Frost Patrick $48,400 Norris Andrea L
Krokos Janet M $25,000 None Available
Oliver Deborah S -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2022 02/23/22 Sold $48,400 0.0% $67 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $48,400 +93.6% $67 / Sq Ft
10/31/2017 10/31/17 Sold $25,000 -28.6% $35 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/12/2017 10/12/17 Price Changed $35,000 -10.3% $48 / Sq Ft
09/08/2017 09/08/17 Price Changed $39,000 -13.3% $54 / Sq Ft
08/23/2017 08/23/17 For Sale $45,000 -- $62 / 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 $1,838 $32,232 $7,455 $24,777
2024 $1,838 $32,232 $7,455 $24,777
2023 $1,838 $32,232 $7,455 $24,777
2022 $1,542 $23,265 $5,366 $17,899
2021 $1,507 $23,265 $5,366 $17,899
2020 $1,486 $23,270 $5,370 $17,900
2019 $1,294 $18,660 $5,500 $13,160
2018 $1,245 $18,660 $5,500 $13,160
2017 $1,293 $18,660 $5,500 $13,160
2016 $1,304 $18,660 $5,500 $13,160
2015 $1,293 $18,660 $5,500 $13,160
2014 $1,277 $18,660 $5,500 $13,160
2013 $1,287 $18,720 $5,500 $13,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4336104

MLS Now

APN: 51-08078