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1557 Scenic Way

1557 Scenic Way, Akron, OH 44310
Property in Chapel Hill
Sold Nov 11, 2020
$86,000
$64,500 by Peoples Bank
Mortgage Due Dec 01, 2050
Sold Nov 11, 2020
$86,000
$64,500 by Peoples Bank
Mortgage Due Dec 01, 2050
1557 Scenic Way has been categorized by the local assessors in Akron, OH as a residential type of property. The building on the property was first built in 1967 and is 57 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1557 Scenic Way has 1,416 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,140 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. 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, 1557 Scenic Way sold most recently in Nov 10, 2020 for a total of $86,000. If you work out the math, that's approximately a cost of $60.73 per sqft. Before that, the property was also sold for $86,000 in Nov 10, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,980 in taxes each year. 1557 Scenic Way was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $31,696. If we break it down further, the land itself was valued at $6,433. Improvements to the property, however, were assessed at a total of $25,263. 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: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,700
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,416
  • Gross Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,416
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRA ALTA
  • Land Acres: 0.131
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • State Land Use Code: Business personal property general
  • Legal Description 1: TERRA ALTA LOT 37 ALL ANNAPOLIS AVE

Ownership

  • Current Owner : BEKTIC RAMO
  • Previous Owner : SCENIC WAY PROPERTIES LLC
  • Owner Before Previous Owner: SCENIC WAY PROPERTIES LLC

Neighborhood

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

Geography

  • Assessors Map Reference: 01730
  • Parcel: 68-31393
  • Lot: 37
  • Municipality: AKRON CITY
  • Latitude: 41.1143
  • Longitude: -81.4881

    Address

  • Full Address: 1557 Scenic Way
  • Address - House Number: 1557
  • Address - Street Name: Scenic
  • Address - Suffix Type: Way
  • State: OH
  • City Name: Akron
  • Carrier Code: C025
  • 4-Digit Zip Code: 1668
  • Zip Code: 44310

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,980
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 67
  • Final Value: 116,183
  • High Value: 143,380
  • Low Value: 88,985

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,500
  • First Open Lien Mortgage Lender: PEOPLES BANK
  • First Open Lien Mortgage Recording Date: Nov 11, 2020
  • First Open Lien Mortgage Loan Amount: $64,500
  • 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 01, 2050

    Market Valuation

  • Market Total Value: $90,560
  • Market Land Value: $18,380
  • Market Improvement Value: $72,180

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $31,696
  • Assessed Land Value: $6,433
  • Assessed Improvements Value: $25,263

    Sales

  • Current Sale Contract Date: Nov 10, 2020
  • Current Sale Recording Date: Nov 11, 2020
  • Current Sale Transaction ID: 11799930438
  • Current Sale Price: $86,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2056590021
  • Previous Sale Recording Date: Nov 11, 2020
  • Previous Sale Contract Date: Nov 10, 2020
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES BANK
  • First Mortgage Transaction Date: Nov 11, 2020
  • First Mortgage Loan Amount: $64,500
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK
  • Previous Mortgage Transaction Date: Nov 11, 2020
  • Previous Mortgage Loan Amount: $64,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050

About Chapel Hill



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Frequently Asked Questions

What neighborhood is 1557 Scenic Way located in?
The 1557 Scenic Way is a located in the neighborhood of Chapel Hill in Chapel Hill, Akron.
What is the average sales price for listings in 1557 Scenic Way?
The average sales price for units in 1557 Scenic Way is $0 currently.

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