NOT LISTED FOR SALE

7561 Akron Canfield Rd Canfield, OH 44406

Estimated Value: $558,000

111 Acres
$5,018 Price per Acre
4,843,436 Sq Ft Lot

Last Sold April 26, 2018

Last sale price $1,425,000

Current estimated payment $3,156/month

405 Days on Market

Highlights

  • Water Views
  • Fishing Allowed
  • Corner Lot
  • Canfield Village Middle School Rated A
  • 111.19 Acre Lot

About This Lot

As of April 2018

Canfield Land !!! This 111.19 acres has huge potential. This WILL be Canfield's next BIG multi use project. On the corner of State Route 224 and Palmyra Rd. in Canfield Township and in the Canfield School District.. Perfect location to take advantage of commercial availability with enough room for development of single family housing and Condo's/Villa's. There is an approximate 6 acre lake that sets the stage for something spectacular! Use your imagination. Water and sewer are in close proximity and should be obtainable. Annexation to the city is probable too. Property is in two parcels on is 66 acres and the other 45.19. To be sold together. Two gas wells on property with small royalties. *** Developers: If part of this project sounds like it is for you, call for information, on a possible joint venture. Seller will not divide but there may be others interested in part of the project. Don't wait. Priced to sell.

Last Agent to Sell the Property

Nancy Zatchok

Howard Hanna License #314475 Listed on: 03/16/2016

Howard Hanna

Co-Listed By

Sandi Bates

Howard Hanna License #282598

Howard Hanna

Last Buyer's Agent

Sandi Bates

Howard Hanna License #282598

Howard Hanna

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,510

Year Built

  • 1900

Lot Details

  • 111.19 Acre Lot
  • Corner Lot
  • Unpaved Streets
  • Oil and Gas Wells

Property Views

  • Water
  • Woods

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26-018-0-003.00-0

Community Details

Overview

  • Township/Canfield 03 Div Community

Recreation

  • Fishing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$4,510

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Land
  • Access: County Road, Us/State Highway
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1900

Exterior Features

  • View: Water View, Wooded
  • Barns Etc: Pole Barn, Poultry Barn

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Water/Sewer: Well, Septic
  • Utilities Available: Cable, Electric, Gas, Phone Lines

Condo/Co-op/Association

  • Subdivision Complex: Township/Canfield 03 Div

Schools

  • School District: Canfield LSD
  • School District: Canfield Lsd

Lot Info

  • Improvements: Building On Property, Electric, Gas, Paved Streets
  • Additional Assessor Parcel Number 1: 260180002.00
  • Irregular Lot Yn: Yes
  • Lot Description: Corner, Lake-Stocked, Oil/Gas Well
  • Lot Size Units: Acres
  • Acres: 111.1900
  • Lake Areain Acres: 6.0000
  • Topography: Cleared, Level, Wooded
  • Parcel Number: 26-018-0-003.00-0

Rental Info

  • Existing Leases: Gas Producing Well, Leaserights Transfer, Mineral, Oil Producing Wells

Tax Info

  • Tax: 4510

Multi Family

  • Number Of Lots: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Bought by
Tai Canfield Llc
Total Days on Market
405
Current Estimated Value
$558,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.57%

Purchase Details

Closed on
Jul 10, 2023
Bought by
Tai Canfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.81%

Purchase Details

Closed on
Nov 10, 2022
Bought by
Tai Canfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.08%

Purchase Details

Closed on
Oct 7, 2022
Bought by
Tai Canfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
7.08%

Purchase Details

Closed on
Mar 30, 2022
Bought by
Tai Canfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2022
Sold by
Mm Landholdings Llc
Bought by
Tai Canfield Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 22, 1977
Sold by
Lanterman Jack E
Bought by
Lanterman Jack E

Purchase Details

Closed on
Jan 19, 1972
Sold by
Lanterman James A
Bought by
Lanterman Laura J

Purchase Details

Closed on
Nov 8, 1967
Sold by
Lanterman James A
Bought by
Lanterman Laura J

Purchase Details

Closed on
Sep 7, 1967
Sold by
Prozy Evelyn
Bought by
Lanterman Charles L

Purchase Details

Closed on
May 25, 1964
Sold by
Lanterman Frank J
Bought by
Lanterman Frank J

Purchase Details

Closed on
May 18, 1964
Sold by
Lanterman Ada May
Bought by
Bates Mary Thelma

Purchase Details

Closed on
May 11, 1964
Sold by
Lanterman Frank J
Bought by
Lanterman Ada May
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
Tai Canfield Llc -- --
Tai Canfield Llc -- --
Tai Canfield Llc -- --
Tai Canfield Llc -- --
Tai Canfield Llc -- --
Tai Canfield Llc -- None Listed On Document
Lanterman Jack E -- --
Lanterman Laura J -- --
Lanterman Laura J -- --
Lanterman Charles L -- --
Lanterman Frank J -- --
Bates Mary Thelma -- --
Lanterman Ada May -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tai Canfield Llc --
Previous Owner Tai Canfield Llc --
Previous Owner Tai Canfield Llc --
Previous Owner Tai Canfield Llc --
Previous Owner Tai Canfield Llc $3,600,000
Previous Owner Mm Lundhlings Llc $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2018 04/26/18 Sold $1,425,000 -20.8% --
04/25/2017 04/25/17 Pending -- -- --
03/16/2016 03/16/16 For Sale $1,799,000 -- --
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 $2,335 $441,880 $433,510 $8,370
2023 $4,075 $46,280 $46,280 $0
2022 $7,282 $350,010 $346,990 $3,020
2021 $1,140 $350,010 $346,990 $3,020
2020 $1,145 $350,010 $346,990 $3,020
2019 $3,393 $357,650 $343,700 $13,950
2018 $2,383 $125,390 $111,440 $13,950
2017 $2,380 $125,390 $111,440 $13,950
2016 $3,227 $94,290 $79,380 $14,910
2015 $3,157 $94,290 $79,380 $14,910
2014 $3,171 $94,290 $79,380 $14,910
2013 $1,902 $94,290 $79,380 $14,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3789774

MLS Now

APN: 26-018-0-003.00-0