NOT LISTED FOR SALE

862 May St Akron, OH 44311

Summit Lake Neighborhood

Estimated Value: $61,758 - $125,000

3 Beds
2 Baths
1,646 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $25,000 $15 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $567/month

3 Days on Market

About This Home

As of October 2022

Great buy for an investor needs work. Home next door 858 May Street for sale too.

Last Agent to Sell the Property

Mike Hearty

Russ Price Realty Company License #418673 Listed on: 05/23/2022

Last Buyer's Agent

Jeffrey Helfrich

Keller Williams Chervenic Rlty License #2021002033

Keller Williams Chervenic Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $114

Year Built

  • Built in 1901

Lot Details

  • 7,562 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,646 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Coburn Community

Listing and Financial Details

  • Assessor Parcel Number 6708408

Home Details

Home Type

Single Family

Est. Annual Taxes

$114

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 15.19
  • Estimated Price per Sq Ft: 15.19
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1646
  • Year Built: 1901
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1901

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1646.00
  • Sq Ft Approx Total Finished: 1646.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Coburn

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1736
  • Parcel Number: 6708408
  • LandLeaseYN: No

Tax Info

  • Tax: 114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Oct 18, 2022
Sold by
Barnes Carolyn
Bought by
Polished Property Investments Llc
Seller's Agent
Mike Hearty
Russ Price Realty Company
Buyer's Agent
Jeffrey Helfrich
Keller Williams Chervenic Rlty
List Price
$20,000
Sold Price
$25,000
Premium/Discount to List
$5,000
25%
Current Estimated Value
$92,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,940
Avg. Annual Appreciation
50.54%
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
Polished Property Investments Llc $12,500 None Listed On Document
Polished Property Investments Llc $12,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $25,000 0.0% $15 / Sq Ft
05/26/2022 05/26/22 Off Market $25,000 -- --
05/26/2022 05/26/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $20,000 -- $12 / 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 $974 $11,281 $4,106 $7,175
2024 $974 $11,281 $4,106 $7,175
2023 $974 $11,281 $4,106 $7,175
2022 $114 $8,113 $2,415 $5,698
2021 $114 $8,113 $2,415 $5,698
2020 $114 $8,120 $2,420 $5,700
2019 $521 $10,610 $4,040 $6,570
2018 $243 $10,610 $4,040 $6,570
2017 $257 $10,610 $4,040 $6,570
2016 $257 $10,780 $4,040 $6,740
2015 $257 $10,780 $4,040 $6,740
2014 $256 $10,780 $4,040 $6,740
2013 $299 $11,450 $4,040 $7,410
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mike Hearty

    Russ Price Realty Company

    (330) 338-9579

    2 in this area

    32 Total Sales

    Mike Hearty
    Section Image

  • J

    Buyer's Agent in 2022

    Jeffrey Helfrich

    Keller Williams Chervenic Rlty

    (330) 557-2951

    2 in this area

    52 Total Sales

    Jeffrey Helfrich
    Section Image
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Map

Source: MLS Now

MLS Number: 4375612

MLS Now

APN: 67-08408

Ohio Summit County Akron 44311 Summit Lake

862 May St, Akron, OH

Not Listed for Sale

Detached

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