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Property799 Stadelman Ave, Akron, Ohio 44320
FolderDeed & Title
KindPDF
Updated2025-08-22
Dropbox path10 - Deed & Title/stadelmanhudfinal - 799 Stadelman Ave, Akron, Ohio 44320.pdf

What This File Appears To Be

A. Settlement Statement U.S. Department of Housing and Urban Development OMB Approval No. 2502-0265 B. Type of Loan 1. FHA 4. VA 2. 5. RHS 3. Conv. Unins. 6. File Number 7. Loan Number 8. Mortgage Insurance Case Number S-39479 Conv. Ins. C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked "(p.o.c.)" were paid outside the closing; they are shown here for information purposes and are not included in

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A. Settlement Statement

U.S. Department of Housing
and Urban Development

OMB Approval No. 2502-0265

B. Type of Loan
1.

FHA

4.

VA

2.
5.

RHS

3.

Conv. Unins.

6. File Number

7. Loan Number

8. Mortgage Insurance Case Number

S-39479

Conv. Ins.

C. Note: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items
marked "(p.o.c.)" were paid outside the closing; they are shown here for information purposes and are not included in the totals.
D. Name and Address of Borrower
Harmony House, Incorporated
766 E. Exchange St,
Akron, OH 44306

E. Name and Address of Seller
Lofty Holding 799 Stadelman Avenue DAO LLC
30 N Gould St., Suite R
Sheridan, WY 82801

G. Property Location

F. Name and Address of Lender

H. Settlement Agent
Midland Title Agency of Stark County, LTD
PH: (330) 493-4449

799 Stadelman Ave.
Akron, OH 44320

Place of Settlement
4180 Holiday Street NW
Canton, OH 44718

City of Akron

J. SUMMARY OF BORROWER'S TRANSACTION:

I. Settlement Date
07/15/2025

DD: 07/15/2025

K. SUMMARY OF SELLER'S TRANSACTION:

100. GROSS AMOUNT DUE FROM BORROWER
101. Contract sales price

400. GROSS AMOUNT DUE TO SELLER
401. Contract sales price

102. Personal property

402. Personal property

103. Settlement charges to borrower (line 1400)

403.

104.
105.

404.
405.
Adjustments for items paid by seller in advance

106. City/town taxes
107. County taxes

to

108. Assessments

130,000.00

Adjustments for items paid by seller in advance
to

to

406. City/town taxes
407. County taxes

to

408. Assessments

to

to

109.

409.

110.
111.

410.
411.

112.

412.

120. GROSS AMOUNT DUE FROM BORROWER
200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER

420. GROSS AMOUNT DUE TO SELLER
500. REDUCTIONS IN AMOUNT TO SELLER

201. Deposit or earnest money

501. Excess Deposit (see instructions)

202. Principal amount of new loan(s)

502. Settlement charges to seller (line 1400)

203. Existing loan(s) taken subject to
204.

503. Existing loans taken subject to
504. Payoff of first mortgage loan

205.

505. Payoff of second mortgage loan

206.

506. ESCROW HOLD final utility billing

200.00

207.

507. 2nd half 2024 RE tax & Del balance

5,196.50

208.
209.

508. Del Akron City Utilities
509.
Adjustments for items unpaid by seller

130,000.00

9,793.75

357.47

Adjustments for items unpaid by seller

210. City/town taxes

to

510. City/town taxes

to

211. County taxes

01/01 to 07/15

511. County taxes

01/01 to 07/15

212. Assessments
213.

to

512. Assessments
513.

to

1,130.35

214.

514.

215.

515.

216.

516.

217.

517.

218.

518.

219.

519.

220. TOTAL PAID BY / FOR BORROWER

520. TOTAL REDUCTION AMOUNT DUE SELLER

300. CASH AT SETTLEMENT FROM OR TO BORROWER

600. CASH AT SETTLEMENT TO OR FROM SELLER

301. Gross amount due from borrower (line 120)

601. Gross amount due to seller (line 420)

130,000.00

302. Less amounts paid by/for borrower (line 220)

602. Less reduction amount due to seller (line 520)

16,678.07

303. CASH

603. CASH

113,321.93

FROM

BORROWER

SELLER

TO

16,678.07

SUBSTITUTE FORM 1099 SELLER STATEMENT: The information contained herein is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a
negligence penalty or other sanction will be imposed on you if this item is required to be reported and the IRS determines that it has not been reported. The Contract Sales Price described on Line 401 above
constitutes the Gross Proceeds of this transaction.
SELLER INSTRUCTIONS: To determine if you have to report the sale or exchange of your primary residence on your tax return, see the Schedule D (Form 1040) instructions. If the real estate was not your primary
residence, complete the applicable parts of Form 4797, Form 6252, and /or Schedule D (Form 1040).
You are required by law to provide the settlement agent with your correct taxpayer identification number. If you do not provide your correct taxpayer identification number, you may be subject to civil or criminal
penalties imposed by law. Under penalties of perjury, I certify that the number shown on this statement is my correct taxpayer identification number.
TIN#

Lofty Holding 799 Stadelman Avenue DAO LLC

Calixte Duffaut (Jul 14, 2025 22:57 EDT)

form HUD-1 (3/86) ref Handbook 4305.2

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
700.
701.
702.
703.
704.
800.
801.
802.
803.
804.
805.
806.
807.
808.
809.
810.
811.
812.
813.
814.
815.
900.
901.
902.
903.
904.
905.
1000.
1001.
1002.
1003.
1004.
1005.
1006.
1007.
1008.
1100.
1101.
1102.
1103.
1104.
1105.
1106.
1107.

SETTLEMENT STATEMENT

L. SETTLEMENT CHARGES:
File Number: S-39479
TOTAL SALES/BROKER'S COMMISSION based on price $
130,000.00 @
Division of commission (line 700) as follows:
$
4,195.00 to KELLER WILLIAMS LIVING
$
4,195.00 to COLDWELL BANKER SCHMIDT REALTY
Commission paid at Settlement
Realtor Holds Deposit

6.00 =

RESERVES DEPOSITED WITH LENDER FOR
Homeowner's insurance
mo. @$
Mortgage insurance
mo. @$
City property taxes
mo. @$
County property taxes
mo. @$
Annual Assessments
mo. @$
mo. @$
mo. @$

PAID FROM
SELLER'S
FUNDS AT
SETTLEMENT

(3,900.00 Plus 295.00)
(3,900.00 Plus 295.00)
8,095.00

ITEMS PAYABLE IN CONNECTION WITH LOAN
Loan Origination Fee
%
Loan Discount
%
Appraisal fee
to
Credit report
to
Lender's inspection fee
to
Mtg. ins. application fee
to
Assumption fee
to

ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE
Interest from
to
@$
Mortgage insurance premium
to
Hazard insurance premium
yrs. to

7,800.00

PAGE 2

PAID FROM
BORROWER'S
FUNDS AT
SETTLEMENT

P.O.C.

/day

/ mo.
/ mo.
/ mo.
/ mo.
/ mo.
/ mo.
/ mo.

TITLE CHARGES
Settlement or closing fee
to MIDLAND TITLE AGENCY OF STARK COUNTY LTD
Abstract or title search
to MIDLAND TITLE AGENCY OF STARK COUNTY LTD
Title examination
to
Title insurance binder
to MIDLAND TITLE AGENCY OF STARK COUNTY LTD
Document preparation
to
Notary fees
to
Attorney's fees
to ROTHERMEL LAW OFFICES LTD.
(includes above item No:
)
1108. Title insurance
to MIDLAND TITLE AGENCY OF STARK COUNTY LTD/F
(includes above item No:
)
1109. Lender's coverage
1110. Owner's coverage
130,000.00 --- 747.50
1111. Mobile Notary Fee
Pomp Notary Ink
1112. Escrow Fee
PCN NETWORK LLC
1113. Overnight/Handling Fee
MIDLAND TITLE AGENCY OF STARK COUNTY LTD
1200. GOVERNMENT RECORDING AND TRANSFER CHARGES
1201. Recording fees
Deed $
; Mortgage $
; Releases $
Deed $
; Mortgage $
1202. City/county/stamps
520.00
1203. State tax/stamps
Deed $
; Mortgage $
1204.
1205.
1300. ADDITIONAL SETTLEMENT CHARGES
1301. Survey
to
1302. Pest inspection
to
1303. Special tax search
MIDLAND TITLE AGENCY OF STARK COUNTY LTD
1304. Closing Protection Coverage
First American Title Ins. Co.
1305.
1306.
1307.
1308.
(enter on lines 103 and 502, Sections J and K)
1400. TOTAL SETTLEMENT CHARGES

150.00
200.00
50.00

100.00
373.75

100.00
100.00
35.00

520.00

15.00
55.00

9,793.75

I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts and disbursements made on my account or by me in this
transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement.
Harmony House, Incorporated

Calixte Duffaut (Jul 14, 2025 22:57 EDT)
Lofty Holding 799 Stadelman Avenue DAO LLC

The HUD-1 Settlement Statement which I have prepared is a true and accurate account of this transaction. I have caused or will cause the funds to be disbursed in accordance with this statement.
Midland Title Agency of Stark County, LTD

Date

WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine or imprisonment. For details see: Title 18 U.S. Code
Section 1001 and Section 1010.

form HUD-1 (3/86) ref Handbook 4305.2