Land for Sale at 1245 Riverwoods Dr in Akron, OH for $94,000

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1245 Riverwoods Dr | Akron

$94,000 | 0.0 Sq. Ft.

Rare opportunity to buy the only vacant lot available to build in prestigious Merriman Woods - one of Akron\u0027s best neighborhoods filled with high end homes, located in an ideal area close to Sand Run Metro Parks and Merriman Valley. This corner lot features a drop in elevation towards the back of the parcel - creating opportunity to enjoy breath taking protected views of dropping elevation that will never be built on. Ideal set up for a walk out basement. This neighborhood is filled with homes selling north of $600,000, a great walking neighborhood with sidewalks and natural beauty. This neighborhood has direct access to a easement to enter onto the Tow Path without driving - imagine an evening walk, jog, or bike ride where you can walk down the street and jump right on the tow path and enjoy. Close to all of the amazing Metro Parks, this lot is fully improved with water and sewer laterals already run into the lot. The small HOA fee covers leaves, entrance and shared space maintenance. The current owner has already completed a full topographic survey that transfers and had a gorgeous custom house design built specifically for the lot that can be included with the sale if desired. Seller\u0027s moving plans changed, otherwise this lot is prime for a dream home which is located in Akron\u0027s 15 year, 100% Tax Abatement - meaning once you build you will pay property tax on land value only for 15 years - not the improved house value! That savings could amount to over 100,000 over 15 years, and the abatement is fully transferable - essentially paying for the lot itself. This .38 acre parcel is priced just under the appraised value by the city and creates an ideal opportunity for a dream home to be designed with captivating views in a prestigious neighborhood and location, with incredible long term tax savings. Bring your own builder or let me introduce you to one - call for more details! Listing agent related to seller. MLSNow 5194466

Directions to property: Merriman to Riverwoods. Lot is the first parcel on the left entering the neighborhood.

MLS Listing ID: 
MLSNow 5194466
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$94,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Lots And Land
Property Sub Type: 
Residential
Primary Market Area: 
Akron
Address: 
1245 Riverwoods Dr, Akron, OH 44313
County: 
Summit
Latitude: 
41.1253490
Longitude: 
-81.5410390
Directions: 
Merriman to Riverwoods. Lot is the first parcel on the left entering the neighborhood.
Public Remarks: 
Rare opportunity to buy the only vacant lot available to build in prestigious Merriman Woods - one of Akron\u0027s best neighborhoods filled with high end homes, located in an ideal area close to Sand Run Metro Parks and Merriman Valley. This corner lot features a drop in elevation towards the back of the parcel - creating opportunity to enjoy breath taking protected views of dropping elevation that will never be built on. Ideal set up for a walk out basement. This neighborhood is filled with homes selling north of $600,000, a great walking neighborhood with sidewalks and natural beauty. This neighborhood has direct access to a easement to enter onto the Tow Path without driving - imagine an evening walk, jog, or bike ride where you can walk down the street and jump right on the tow path and enjoy. Close to all of the amazing Metro Parks, this lot is fully improved with water and sewer laterals already run into the lot. The small HOA fee covers leaves, entrance and shared space maintenance. The current owner has already completed a full topographic survey that transfers and had a gorgeous custom house design built specifically for the lot that can be included with the sale if desired. Seller\u0027s moving plans changed, otherwise this lot is prime for a dream home which is located in Akron\u0027s 15 year, 100% Tax Abatement - meaning once you build you will pay property tax on land value only for 15 years - not the improved house value! That savings could amount to over 100,000 over 15 years, and the abatement is fully transferable - essentially paying for the lot itself. This .38 acre parcel is priced just under the appraised value by the city and creates an ideal opportunity for a dream home to be designed with captivating views in a prestigious neighborhood and location, with incredible long term tax savings. Bring your own builder or let me introduce you to one - call for more details! Listing agent related to seller.
Community Information
School District: 
Akron CSD - 7701
Association Fee: 
$350
Building Details
Details about the building on a property.
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.38
Lot Size (Area): 
0.38
Lot Size (Dimensions): 
82
Lot Features
Parking Type: 
None
Public Record
Parcel Number: 
6761065
Annual Tax: 
$2,624.93
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
HOA Disclosure
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
High Point Real Estate Group

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