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510 Hammel Street

510 Hammel Street, Akron, OH 44306
Sold Mar 26, 2024
$115,000
$86,250 by Union Capital Mortgage Corp
Mortgage Due Apr 01, 2054
Sold May 15, 2020
$83,500
$150,000 by First National Bank Of Pennsyl
Mortgage Due May 05, 2040
510 Hammel Street in Akron, OH was first built in 1925 and is 99 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 multifamily style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 510 Hammel Street has 2,747 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 175 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 1,360. In total, the area measurement of the land is 6,120 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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, 510 Hammel Street was last sold in Mar 25, 2024 for $115,000. According to our calculations, that's $39.36 per sqft. Prior to that sales transaction, the property was sold for $83,500 in Apr 14, 2020. Current property owners are expected to pay $1,006 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 510 Hammel Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $19,978. To break that down further, the land itself was valued at $3,591. While improvements to the property were assessed at a total of $16,387. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 175
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,120
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,922
  • Gross Building Area: 2,922
  • Building Area: 2,747
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,747
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND HTS
  • Land Acres: 0.141
  • Standard Land Use Code: Triplex (3 units, any combination)
  • County Land Use Code: Structures (general)
  • State Land Use Code: Business personal property general
  • Legal Description 1: HIGHLAND HTS LOT 37 ALL

Ownership

  • Current Owner : JACKSON BRIAN
  • Current Owner 2: JACKSON JILL
  • Previous Owner : 508 HAMMEL STREET LLC
  • Owner Before Previous Owner: SCHMEIER TIMOTHY
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Akron City School District
  • Census Tract: 504100

Geography

  • Assessors Map Reference: 00878
  • Parcel: 67-06435
  • Lot: 37
  • Municipality: AKRON CITY
  • Latitude: 41.0639
  • Longitude: -81.5029

    Address

  • Full Address: 510 Hammel St
  • Address - House Number: 510
  • Address - Street Name: Hammel
  • Address - Suffix Type: St
  • State: OH
  • City Name: Akron
  • Carrier Code: C048
  • 4-Digit Zip Code: 1256
  • Zip Code: 44306

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,006
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 67

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 77,335
  • High Value: 111,228
  • Low Value: 43,441

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,250
  • First Open Lien Mortgage Lender: UNION CAPITAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 26, 2024
  • First Open Lien Mortgage Loan Amount: $86,250
  • 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: Apr 01, 2054

    Market Valuation

  • Market Total Value: $57,080
  • Market Land Value: $10,260
  • Market Improvement Value: $46,820

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $19,978
  • Assessed Land Value: $3,591
  • Assessed Improvements Value: $16,387

    Sales

  • Current Sale Contract Date: Mar 25, 2024
  • Current Sale Recording Date: Mar 26, 2024
  • Current Sale Transaction ID: 11923420861
  • Current Sale Price: $115,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 56869866
  • Previous Sale Recording Date: May 15, 2020
  • Previous Sale Contract Date: Apr 14, 2020
  • Previous Sale Amount: $83,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION CAPITAL MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 26, 2024
  • First Mortgage Loan Amount: $86,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • Previous Mortgage Transaction Date: May 15, 2020
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 05, 2040

About University of Akron



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Frequently Asked Questions

What neighborhood is 510 Hammel Street located in?
The 510 Hammel Street is a located in the neighborhood of University of Akron in University of Akron, Akron.
What is the average sales price for listings in 510 Hammel Street?
The average sales price for units in 510 Hammel Street is $0 currently.

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