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114 Ely Road

114 Ely Road, Akron, OH 44313
Property in Fairlawn Heights
Sold Oct 27, 2020
$423,000
$338,400 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Local assessors in Akron, OH have categorized 114 Ely Road as a residential type of property. The home was built in 1929 and is 95 years old. The property's lot size has been calculated to be 32,634 square feet. The linear feet between the front and back of the lot was measured at 2,220 ft and the front of the lot was measured at 1,470 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Tudor style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 114 Ely Road has a total of 4,212 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 200 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 399 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 114 Ely Road sold most recently in Oct 26, 2020 for a total of $423,000. If you work out the math, that's approximately a cost of $95.87 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,633 in taxes each year. 114 Ely Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $141,908. If we break it down further, the land itself was valued at $27,342. Improvements to the property, however, were assessed at a total of $114,566. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Style: Tudor
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 200
  • Garage Type: Garage
  • Garage Square Area: 399
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 32,634
  • Lot Size Depth Feet: 2,220
  • Lot Size Frontage Feet: 1,470
  • Total Building Area: 4,412
  • Gross Building Area: 4,412
  • Building Area: 4,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,212
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRLAWN
  • Land Acres: 0.749
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: FAIRLAWN HTS SEC A TR J LOT 8 ALL

Ownership

  • Current Owner : SHAFFER GINA M
  • Current Owner 2: SEIT RYAN A
  • Previous Owner : LINDAHL NORMAN
  • Previous Owner 2: FRANCIS FAMILY TRUST B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Akron City School District
  • Census Tract: 507102

Geography

  • Assessors Map Reference: 00194
  • Subdivision Tract Number: J
  • Parcel: 67-30961
  • Lot: 8
  • Municipality: AKRON CITY
  • Latitude: 41.1178
  • Longitude: -81.5954

    Address

  • Full Address: 114 Ely Rd
  • Address - House Number: 114
  • Address - Street Name: Ely
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Akron
  • Carrier Code: C014
  • 4-Digit Zip Code: 4402
  • Zip Code: 44313

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,633
  • Tax Rate Code Area: 67

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 523,133
  • High Value: 641,258
  • Low Value: 405,008

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $338,400
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $338,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $405,450
  • Market Land Value: $78,120
  • Market Improvement Value: $327,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $141,908
  • Assessed Land Value: $27,342
  • Assessed Improvements Value: $114,566

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11793679860
  • Current Sale Price: $423,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 56585675

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $338,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 114 Ely Road located in?
The 114 Ely Road is a located in the neighborhood of Fairlawn Heights in Fairlawn Heights, Akron.
What is the average sales price for listings in 114 Ely Road?
The average sales price for units in 114 Ely Road is $0 currently.

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