NOT LISTED FOR SALE

5728 Akron Rd Smithville, OH 44677

Estimated Value: $501,269

29 Acres
$17,502 Price per Acre
1,247,602 Sq Ft Lot

Last Sold January 02, 2024

Last sale price $450,000

Est. 11% increase in value since last sale

Current estimated payment $2,788/month

49 Days on Market

About This Lot

As of January 2024

Situated just outside Smithville city limits, a captivating blend of woodlands and tillable acreage offering a diversity of possibilities with great investment opportunities. The location offers productive tillable land, recreational woods, and land that is extremely suitable for multiple commercial possibilities. Offering good visibility and exposure while being bordered by several businesses, adding to the soundness of this investment. Additionally, boasting prime frontage on both Akron Road and Norfolk & Western Railway, providing exceptional accessibility and potential for various endeavors. If you desire to spend your evenings and weekends in a tree strand, this property offers an ideal balance of woodland space. Plus, its location just outside city limits ensures very little pressure on the wildlife. The property does have some current marketable timber, but the majority of the growth is poised for a good cut in the future. This piece of land is also an awesome fit for those who have the desire to build in a wooded seclusion with close access to major traffic routes. No matter your intentions, this property deserves your attention. Don’t miss out on the chance to claim this remarkable property and make your aspirations a reality. Auction will be held onsite located at 5728 Akron Road, Smithville, OH. November 2nd, 2023 @ 5:30pm

Last Agent to Sell the Property

Jeremy Schaefer

Whitetail Properties Real Estate LLC Brokerage Email: (216) 406-3757 jeremy.schaefer@whitetailproperties.com License #2021003258 Listed on: 10/10/2023

Co-Listed By

Brandon Doty

RES Real Estate Services, LLC Brokerage Email: (216) 406-3757 jeremy.schaefer@whitetailproperties.com License #2022000731

Last Buyer's Agent

Jeremy Schaefer

Whitetail Properties Real Estate LLC Brokerage Email: (216) 406-3757 jeremy.schaefer@whitetailproperties.com License #2021003258 Listed on: 10/10/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $203

Lot Details

  • 28.64 Acre Lot

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 31-00286-000

Property Details

Property Type

Land

Est. Annual Taxes

$203

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Land
  • Attribution Contact: (216) 406-3757 jeremy.schaefer@whitetailproperties.com
  • Co List Office Mls Id: 20203
  • Co List Office Phone: 216-406-3757
  • ResoSpecialListingConditions: Auction
  • Property Sub Type Additional: Land
  • Special Features: 4160
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 28.641

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Green LSD (Wayne)- 8503

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 31-00286-000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax Annual Amount: 203.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 2, 2024
Sold by
Machamer Tree Farms Llc
Bought by
Carrick Jason T
Seller's Agent
Jeremy Schaefer
Whitetail Properties Real Estate LLC
Buyer's Agent
Jeremy Schaefer
Whitetail Properties Real Estate LLC
List Price
$450,000
Sold Price
$450,000
Views
30
Current Estimated Value
$501,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,269
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
May 21, 2021
Sold by
Bar 4 Farms Llc
Bought by
Machamer Tree Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 2018
Sold by
Bar 4 Farms Llc
Bought by
Bar 4 Farms Llc

Purchase Details

Closed on
Feb 14, 2014
Sold by
Greene Oaks Development Co Inc
Bought by
Bar 4 Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,657
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 28, 2013
Sold by
Greene Oaks Development Co Inc
Bought by
Bar 4 Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
3.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 18, 2009
Sold by
Hubacher Margaret A
Bought by
Greene Oaks Development Co Inc and Greene Oakes Development Co

Purchase Details

Closed on
May 22, 2009
Sold by
Estate Of Paul E Hubacher
Bought by
Hubacher Margaret A

Purchase Details

Closed on
Aug 13, 1987
Bought by
Greene Oaks Development C
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
Carrick Jason T $450,000 Wayne County Title
Machamer Tree Farms Llc $215,000 None Available
Bar 4 Farms Llc -- None Available
Bar 4 Farms Llc $165,000 Attorney
Bar 4 Farms Llc $165,000 Attorney
Greene Oaks Development Co Inc -- None Available
Hubacher Margaret A -- None Available
Greene Oaks Development C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Machamer Tree Farms Llc $115,000
Previous Owner Bar 4 Farms Llc $621,657
Previous Owner Bar 4 Farms Llc $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $450,000 0.0% --
11/02/2023 11/02/23 Off Market $450,000 -- --
11/02/2023 11/02/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $450,000 -- --
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 $533 $99,760 $99,760 $0
2023 $533 $78,810 $78,810 $0
2022 $203 $78,810 $78,810 $0
2021 $206 $99,760 $99,760 $0
2020 $208 $99,760 $99,760 $0
2019 $420 $75,820 $75,820 $0
2018 $421 $75,820 $75,820 $0
2017 $634 $80,360 $80,360 $0
2016 $809 $58,160 $58,160 $0
2015 $810 $58,160 $58,160 $0
2014 $756 $58,160 $58,160 $0
2013 $288 $42,830 $42,830 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4496288

MLS Now

APN: 31-00286-000