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1242 Edison Avenue

1242 Edison Avenue, Akron, OH 44301
Property in Summit Lake
Sold Dec 12, 1997
$45,000
$33,750 by W M C Mtg Corp
Mortgage Due Dec 12, 2027
1242 Edison Avenue in Akron, OH was first built in 1913 and is 111 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1242 Edison Avenue has 992 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 160 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 310 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 4,030 square feet.

Learn more about the property and building on this page. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and 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, 1242 Edison Avenue was last sold in Dec 12, 1997 for $45,000. According to our calculations, that's $39.06 per sqft. Current property owners are expected to pay $437 in taxes per year. The property on 1242 Edison Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $10,119. To break that down further, the land itself was valued at $2,947. While improvements to the property were assessed at a total of $7,172. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 160
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,030
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 992
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONG
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: LONG LOT 471 31FT S OF N 2 1/3FT

Ownership

  • Current Owner : LOLLAR EDIE
  • Current Owner 2: GRAHAM CHARLES
  • Previous Owner : BELLISSIMO JAMES M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Akron City School District
  • Census Tract: 505600

Geography

  • Assessors Map Reference: 00672
  • Parcel: 68-10525
  • Lot: 471
  • Municipality: AKRON CITY
  • Latitude: 41.0537
  • Longitude: -81.5335

    Address

  • Full Address: 1242 Edison Ave
  • Address - House Number: 1242
  • Address - Street Name: Edison
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Akron
  • Carrier Code: C004
  • 4-Digit Zip Code: 1114
  • Zip Code: 44301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $437
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 58,938
  • High Value: 74,315
  • Low Value: 43,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $33,750
  • First Open Lien Mortgage Lender: W M C MTG CORP
  • First Open Lien Mortgage Recording Date: Dec 12, 1997
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $33,750
  • 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: Dec 12, 2027

    Market Valuation

  • Market Total Value: $28,910
  • Market Land Value: $8,420
  • Market Improvement Value: $20,490

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $10,119
  • Assessed Land Value: $2,947
  • Assessed Improvements Value: $7,172

    Sales

  • Current Sale Contract Date: Dec 12, 1997
  • Current Sale Recording Date: Dec 12, 1997
  • Current Sale Transaction ID: 1123535394
  • Current Sale Price: $45,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: W M C MTG CORP
  • First Mortgage Transaction Date: Dec 12, 1997
  • First Mortgage Loan Amount: $33,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 12, 2027

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 1242 Edison Avenue located in?
The 1242 Edison Avenue is a located in the neighborhood of Summit Lake in Summit Lake, Akron.
What is the average sales price for listings in 1242 Edison Avenue?
The average sales price for units in 1242 Edison Avenue is $0 currently.

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