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813 Fairwood Road

813 Fairwood Road, Akron, OH 44319
Property in New Franklin
Sold May 15, 2013
Transfer
$166,000 by Northpointe Bank
Mortgage Due Mar 01, 2052
Sold Sep 22, 2009
$120,000
$126,712 by Fifth Third Mortgage Co
Mortgage Due Oct 01, 2039
813 Fairwood Road 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 1961 and is 63 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 813 Fairwood Road has 1,967 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 4,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 40,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 450 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $120,000 in Sep 15, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,567 in taxes each year. 813 Fairwood Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $89,244. If we break it down further, the land itself was valued at $12,205. Improvements to the property, however, were assessed at a total of $77,039. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 450
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 40,000
  • Lot Size Depth Feet: 4,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,967
  • Gross Building Area: 1,967
  • Building Area: 1,967
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,967
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OSBORNES SUB DIV
  • Land Acres: 0.918
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: OSBORNES SUB DIV LOT 4 ALL FAIRWOOD RD

Ownership

  • Current Owner : WISE TIMOTHY R
  • Current Owner 2: WISE ANDREW J
  • Previous Owner : WISE TIMOTHY R
  • Previous Owner 2: MARTIN CAITLIN R
  • Owner Before Previous Owner: NATIONSTAR MORTGAGE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Manchester Local School District
  • Census Tract: 531602

Geography

  • Assessors Map Reference: 00407
  • Parcel: 23-03568
  • Lot: 4
  • Municipality: NEW FRANKLIN CITY
  • Latitude: 40.9498
  • Longitude: -81.5635

    Address

  • Full Address: 813 Fairwood Rd
  • Address - House Number: 813
  • Address - Street Name: Fairwood
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: New Franklin
  • Carrier Code: C041
  • 4-Digit Zip Code: 4717
  • Zip Code: 44319

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,567
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.2608
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 279,161
  • High Value: 351,990
  • Low Value: 206,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,000
  • First Open Lien Mortgage Lender: NORTHPOINTE BANK
  • First Open Lien Mortgage Recording Date: Feb 23, 2022
  • First Open Lien Mortgage Loan Amount: $166,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $254,980
  • Market Land Value: $34,870
  • Market Improvement Value: $220,110

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $89,244
  • Assessed Land Value: $12,205
  • Assessed Improvements Value: $77,039

    Sales

  • Current Sale Contract Date: May 10, 2013
  • Current Sale Recording Date: May 15, 2013
  • Current Sale Transaction ID: 1199329257
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 55956020
  • Previous Sale Recording Date: Sep 22, 2009
  • Previous Sale Contract Date: Sep 15, 2009
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SECURITY MORTGAGE CORP
  • First Mortgage Transaction Date: May 15, 2013
  • First Mortgage Loan Amount: $135,836
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 22, 2009
  • Previous Mortgage Loan Amount: $126,712
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2039

About New Franklin



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Frequently Asked Questions

What neighborhood is 813 Fairwood Road located in?
The 813 Fairwood Road is a located in the neighborhood of New Franklin in New Franklin, Akron.
What is the average sales price for listings in 813 Fairwood Road?
The average sales price for units in 813 Fairwood Road is $0 currently.

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