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1061 East Tallmadge Avenue

1061 East Tallmadge Avenue, Akron, OH 44310
Property in Chapel Hill
1061 East Tallmadge Avenue has been categorized by the local assessors in Akron, OH as a commercial type of property. The building on the property was first built in 1972 and is 52 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1061 East Tallmadge Avenue has 2,470 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,121 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Moving on to the building itself. The condition of the building has been evaluated as fair. The exterior walls of the building are made of brick. While the interior walls have been made of finished/painted materials. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. 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, 1061 East Tallmadge Avenue was last sold in May 24, 2007 for $90,000. According to our calculations, that's $36.44 per sqft. Prior to that sales transaction, the property was sold for $208,500 in Aug 12, 2002. Current property owners are expected to pay $2,973 in taxes per year. The property on 1061 East Tallmadge Avenue was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $45,910. To break that down further, the land itself was valued at $17,605. While improvements to the property were assessed at a total of $28,305. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Fair
  • Exterior Walls Type: Brick
  • Interior Walls Type: Finished/painted materials
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,121
  • Total Building Area: 2,470
  • Gross Building Area: 2,470
  • Building Area: 2,470
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Land Acres: 0.462
  • Standard Land Use Code: Restaurant
  • Legal Description 1: TR 5 LOT 5 N OF TALLMADGE AV

Ownership

  • Current Owner : WANG CHUN YAN
  • Previous Owner : WANG MENG HUA
  • Owner Before Previous Owner: HAWTHORNE ARTHUR W
  • Owner Before Previous Owner 2: HAWTHORNE ELAINE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Akron City School District
  • Census Tract: 502102

Geography

  • Subdivision Tract Number: 5
  • Parcel: 67-39048
  • Lot: 5
  • Municipality: AKRON CITY
  • Latitude: 41.1024
  • Longitude: -81.4766

    Address

  • Full Address: 1061 E Tallmadge Ave
  • Address - House Number: 1061
  • Street Direction: E
  • Address - Street Name: Tallmadge
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Akron
  • Carrier Code: C016
  • 4-Digit Zip Code: 3546
  • Zip Code: 44310

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $2,973
  • Tax Rate Code Area: 67

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NORTHEASTERN
  • First Open Lien Mortgage Recording Date: Aug 30, 2002
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Recording Date: Aug 30, 2002
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $131,170
  • Market Land Value: $50,300
  • Market Improvement Value: $80,870

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $45,910
  • Assessed Land Value: $17,605
  • Assessed Improvements Value: $28,305

    Sales

  • Current Sale Contract Date: May 24, 2007
  • Current Sale Recording Date: May 25, 2007
  • Current Sale Transaction ID: 1199442791
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 55445819
  • Previous Sale Recording Date: Aug 30, 2002
  • Previous Sale Contract Date: Aug 12, 2002
  • Previous Sale Amount: $208,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD BANK NORTHEASTERN
  • Previous Mortgage Transaction Date: Aug 30, 2002
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Chapel Hill



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Frequently Asked Questions

What neighborhood is 1061 East Tallmadge Avenue located in?
The 1061 East Tallmadge Avenue is a located in the neighborhood of Chapel Hill in Chapel Hill, Akron.
What is the average sales price for listings in 1061 East Tallmadge Avenue?
The average sales price for units in 1061 East Tallmadge Avenue is $0 currently.

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