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2245 Lake Road

2245 Lake Road, Akron, OH 44312
Property in Springfield
Sold Apr 10, 2017
$71,000
$129,599 by New Day Financial Llc
Mortgage Due Jul 01, 2052
Sold May 10, 2012
$24,000
2245 Lake Road in Akron, OH was first built in 1951 and is 73 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 Cape Cod style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2245 Lake Road has 1,056 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 linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 3,930. In total, the area measurement of the land is 31,440 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a garage. The garage is 144 sqft. 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, 2245 Lake Road was last sold in Apr 6, 2017 for $71,000. According to our calculations, that's $67.23 per sqft. Prior to that sales transaction, the property was sold for $24,000 in May 8, 2012. Current property owners are expected to pay $1,998 in taxes per year. The property on 2245 Lake Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $43,138. To break that down further, the land itself was valued at $9,800. While improvements to the property were assessed at a total of $33,338. 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.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 144
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,440
  • Lot Size Depth Feet: 3,930
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARTER SMITH LITTLE FARMS
  • Land Acres: 0.722
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: SV-TR 5 SUB 5 CARTER SMITH LITTLE FARMS #3 .780A

Ownership

  • Current Owner : HEDRICK JEFFREY M
  • Current Owner 2: HEDRICK DEBRA K
  • Previous Owner : BRATANOV CARSON
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Springfield Local School District
  • Census Tract: 531101

Geography

  • Assessors Map Reference: 00393
  • Subdivision Tract Number: 5
  • Parcel: 51-06759
  • Municipality: SPRINGFIELD TWP
  • Latitude: 41.0235
  • Longitude: -81.4461

    Address

  • Full Address: 2245 Lake Rd
  • Address - House Number: 2245
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Akron
  • Carrier Code: C075
  • 4-Digit Zip Code: 3840
  • Zip Code: 44312

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,998
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 176,815
  • High Value: 248,426
  • Low Value: 105,203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,599
  • First Open Lien Mortgage Lender: NEW DAY FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jul 08, 2022
  • First Open Lien Mortgage Loan Amount: $129,599
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $123,250
  • Market Land Value: $28,000
  • Market Improvement Value: $95,250

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,138
  • Assessed Land Value: $9,800
  • Assessed Improvements Value: $33,338

    Sales

  • Current Sale Contract Date: Apr 06, 2017
  • Current Sale Recording Date: Apr 10, 2017
  • Current Sale Transaction ID: 1807096583
  • Current Sale Price: $71,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 56289440
  • Previous Sale Recording Date: May 10, 2012
  • Previous Sale Contract Date: May 08, 2012
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OHIO HOME FINANCE INC
  • First Mortgage Transaction Date: Apr 10, 2017
  • First Mortgage Loan Amount: $64,698
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2047

About Summit



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Frequently Asked Questions

What neighborhood is 2245 Lake Road located in?
The 2245 Lake Road is a located in the neighborhood of Springfield in Summit, Akron.
What is the average sales price for listings in 2245 Lake Road?
The average sales price for units in 2245 Lake Road is $0 currently.

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