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401 Patterson Avenue

401 Patterson Avenue, Akron, OH 44310
Property in North Hill
Sold Aug 26, 2005
$72,250
$72,250 by Assurafirst Financial Co
Mortgage Due Sep 01, 2035
Sold Nov 12, 2003
$45,300
Local assessors in Akron, OH have categorized 401 Patterson Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 6,600 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 401 Patterson Avenue has a total of 682 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 154 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 detached garage for those who need a place to park their vehicle. The garage on the property is 216 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 wood 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 401 Patterson Avenue was last sold in Aug 25, 2005 for $72,250. According to our calculations, that's $86.42 per sqft. Prior to that sales transaction, the property was sold for $45,300 in Jul 24, 2003. Current property owners are expected to pay $1,523 in taxes per year. The property on 401 Patterson Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $26,138. To break that down further, the land itself was valued at $7,539. While improvements to the property were assessed at a total of $18,599. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 154
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 836
  • Gross Building Area: 990
  • Building Area: 682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 682
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOOKOUT PARK
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: LOOKOUT PK LOT 36 ALL & PT VAC ALLEY

Ownership

  • Current Owner : WINKLER WILLIAM W
  • Previous Owner : SMITH RONALD F
  • Previous Owner 2: SMITH LISA M
  • Owner Before Previous Owner: FIRST UNION NATIONAL BANK OF DELAWARE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Akron City School District
  • Census Tract: 502200

Geography

  • Assessors Map Reference: 01428
  • Parcel: 67-05482
  • Lot: 36
  • Municipality: AKRON CITY
  • Latitude: 41.0966
  • Longitude: -81.5023

    Address

  • Full Address: 401 Patterson Ave
  • Address - House Number: 401
  • Address - Street Name: Patterson
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Akron
  • Carrier Code: C024
  • 4-Digit Zip Code: 3823
  • Zip Code: 44310

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,523
  • Tax Rate Code Area: 67

    Appraisal Valuation

  • Standard Deviation: 0.2757
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 60
  • Final Value: 100,374
  • High Value: 128,055
  • Low Value: 72,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,250
  • First Open Lien Mortgage Lender: ASSURAFIRST FINANCIAL CO
  • First Open Lien Mortgage Recording Date: Aug 26, 2005
  • First Open Lien Mortgage Loan Amount: $72,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $74,680
  • Market Land Value: $21,540
  • Market Improvement Value: $53,140

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $26,138
  • Assessed Land Value: $7,539
  • Assessed Improvements Value: $18,599

    Sales

  • Current Sale Contract Date: Aug 25, 2005
  • Current Sale Recording Date: Aug 26, 2005
  • Current Sale Transaction ID: 1123963422
  • Current Sale Price: $72,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 55226708
  • Previous Sale Recording Date: Nov 12, 2003
  • Previous Sale Contract Date: Jul 24, 2003
  • Previous Sale Amount: $45,300
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURAFIRST FINANCIAL CO
  • First Mortgage Transaction Date: Aug 26, 2005
  • First Mortgage Loan Amount: $72,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Sep 01, 2035

About North Hill



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Frequently Asked Questions

What neighborhood is 401 Patterson Avenue located in?
The 401 Patterson Avenue is a located in the neighborhood of North Hill in North Hill, Akron.
What is the average sales price for listings in 401 Patterson Avenue?
The average sales price for units in 401 Patterson Avenue is $0 currently.

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