Sold
Last Sold Price
21,780 Lot Size0.5 Acres
3042 Mogadore Road, Akron, OH 44312
LandProperty Type
0.5 acresLot Size

Description

What a great investment opportunity! Two 4 unit properties located on Modagore Rd in Akron, Oh. 100% occupied, public sewer and water. Unit 3048 updates include: 2016 - New roof, 2017, New concrete drive, (1) new A/C unit. Unit 3036 updates include: New Roof - 2016, New brick and windows on the east side, new A/C units (3), 2017 - new concrete drive. Lot 3042 is located between both buildings and could be used to build a thrid building (per all local requirements. This lot also qualifies for Akron...What a great investment opportunity! Two 4 unit properties located on Modagore Rd in Akron, Oh. 100% occupied, public sewer and water. Unit 3048 updates include: 2016 - New roof, 2017, New concrete drive, (1) new A/C unit. Unit 3036 updates include: New Roof - 2016, New brick and windows on the east side, new A/C units (3), 2017 - new concrete drive. Lot 3042 is located between both buildings and could be used to build a thrid building (per all local requirements. This lot also qualifies for Akron incentive and could receive NO TAXES if a building is constructed, subject to all local requirements)
  • Listed by: Greg Stearn 330.418.1212 sales@teamstearn.com • RE/MAX Trends Realty
Listing closed: 01/14/2021 12:00 AM • Source: MLS Now, MLS#: 4245402

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Recent comparable sales

Median sold price

$13,000

Avg days on market

52

Sale-to-list ratio

87.1%

Akron, OH

9 comparable properties found

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Location

Listing Courtesy of RE/MAX Trends Realty

Sold By RE/MAX Trends Realty

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$614 per month

30 year fixed, 7.03% Interest

Principal and Interest

$53

Property Taxes

$561

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Property Information for 3042 Mogadore Road

Property Details
  • Taxes: $6,733 / year
  • MLS Type: Land / Land
  • Subdivision Name: Forest Hills
Building Information
  • Lot Size: 0.50 AC
Summary
Location and General Information
  • Directions: Mogadare Rd
  • Latitude: 41.054612
  • Longitude: -81.42343
Taxes and HOA
  • Additional Parcels Description: 6831339, 6806356
  • Association: No
  • Parcel Number: 6806357
  • Tax Annual Amount: $6,733.00
  • Tax Legal Description: FOREST HILL LOT 275 ALL LESS NW 5FT & PTPOCANTICO WAY
School Information
  • Elementary School District: Akron CSD - 7701
  • High School District: Akron CSD - 7701
  • Middle or Junior School District: Akron CSD - 7701
Parking
  • Parking Features: None
Property
Lot Information
  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Number of Lots: 1
Property and Assessments
  • Living Area: 0.0
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Main Level Bathrooms: 0
Rental
Tenant Information
  • Occupant Type: Tenant

Property History for 3042 Mogadore Road

DateEvent & SourcePriceAppreciation
Jan 14, 2021

Sold (Public Record)

Public Record #687634576

$345,000—
Jan 14, 2021

Sold

MLS Now #4245402

$10,000—
Dec 23, 2020

Contract Signed

MLS Now #4245402

—
DateEvent & SourcePrice
01/14/2021

Sold (Public Record)

Public Record #687634576

$345,000
01/14/2021

Sold

MLS Now #4245402

$10,000
12/23/2020

Contract Signed

MLS Now #4245402

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3042 Mogadore Road

Taxable ValueLand$5,019Additions-Total$5,019
Tax Record2025$664 ($55 / month)
Home Facts
Baths4Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtLot Size7,349 SqFtStyleCommercialYear Built1973Year Renovated1973CountySUMMITAPN68-06357

Schools near 3042 Mogadore Road

This home is within Akron City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Ritzman Community Learning Center
PublicPK to 5

Hyre Community Learning Center
Public6 to 8

Ellet Community Learning Center
Public9 to 12

Robinson Community Learning Center
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3042 Mogadore Road, Akron, OH 44312
$10,000
–
–
–
21,780
$167,500
1
1,380
21,780
$167,500
1
1,360
21,780
$399,000
–
2
1,410
8,880
$399,000
–
2
1,410
8,880
–
–
4
1,650
7,148

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Trends Realty

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