198 Lake St Akron, OH 44301
Summit Lake NeighborhoodEstimated payment $669/month
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
- Wooded Lot
- Porch
- North Facing Home
About This Home
Beautifully Renovated 3-Story Colonial – Perfect for a New Homeowner or Savvy Investor! This move-in ready 4-bedroom Colonial blends classic charm with modern updates—ideal for comfortable living or strong rental income potential. A brand-new roof (2025) adds lasting value and peace of mind. Step up to the inviting covered front porch, perfect for morning coffee or relaxing evenings. Inside, you’ll find a completely refreshed interior featuring a modern kitchen with new cabinetry, ample counter space, a stainless-steel sink, and a stylish decorative faucet. The bright breakfast room offers a cozy spot for casual meals, while the formal dining room and spacious living room make entertaining effortless. Upstairs, enjoy three comfortable bedrooms and a brand-new full bath with contemporary finishes. The finished third floor adds versatility—ideal as a 4th bedroom, home office, guest suite, or creative studio. With newer windows and doors throughout plus new furnace and hot water tank, this home offers improved energy efficiency and lasting comfort. Situated in an area experiencing exciting revitalization, this property is a smart investment for today and tomorrow—whether you’re looking to move in or build your rental portfolio. Don’t miss your chance to own this turnkey gem—schedule your showing today!
Listing Agent
Howard Hanna Brokerage Email: davidsturgeon@howardhanna.com, 216-375-4486 License #2009000358 Listed on: 10/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $772
Year Built
- Built in 1915 | Remodeled
Lot Details
- 3,071 Sq Ft Lot
- Lot Dimensions are 32x96
- North Facing Home
- Wood Fence
- Sloped Lot
- Wooded Lot
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,364 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Parking
- No Garage
- Driveway
- Paved Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Porch
- City Lot
Community Details
- No Home Owners Association
- Bruch Allotment Subdivision
Listing and Financial Details
- Assessor Parcel Number 6738123
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $702 | $11,554 | $2,538 | $9,016 |
| 2024 | $668 | $11,554 | $2,538 | $9,016 |
| 2023 | $702 | $11,554 | $2,538 | $9,016 |
| 2022 | $515 | $6,798 | $1,495 | $5,303 |
| 2021 | $515 | $6,798 | $1,495 | $5,303 |
| 2020 | $508 | $6,800 | $1,500 | $5,300 |
| 2019 | $571 | $7,040 | $1,800 | $5,240 |
| 2018 | $564 | $7,040 | $1,800 | $5,240 |
| 2017 | $583 | $7,040 | $1,800 | $5,240 |
| 2016 | $583 | $7,180 | $1,800 | $5,380 |
| 2015 | $583 | $7,180 | $1,800 | $5,380 |
| 2014 | $579 | $7,180 | $1,800 | $5,380 |
| 2013 | $615 | $7,850 | $1,800 | $6,050 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $115,000 | 0.0% | $84 / Sq Ft | |
| 10/29/2025 10/29/25 | Off Market | $115,000 | -- | -- | |
| 12/07/2018 12/07/18 | Sold | $20,000 | -18.4% | $15 / Sq Ft | View Prior Sale |
| 11/24/2018 11/24/18 | Pending | -- | -- | -- | |
| 11/19/2018 11/19/18 | For Sale | $24,500 | +38.0% | $18 / Sq Ft | |
| 08/05/2016 08/05/16 | Sold | $17,750 | -29.0% | $13 / Sq Ft | View Prior Sale |
| 07/20/2016 07/20/16 | Pending | -- | -- | -- | |
| 04/20/2016 04/20/16 | For Sale | $25,000 | -- | $18 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $20,000 | America Land Title Llc | |
| Warranty Deed | $17,750 | None Available | |
| Warranty Deed | $1,298,000 | Attorney | |
| Warranty Deed | $1,715,624 | First Am Cleveland | |
| Warranty Deed | $30,500 | Midland Commerce Group | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $42,000 | Purchase Money Mortgage |
Source: MLS Now (Howard Hanna)
MLS Number: 5168483
APN: 67-38123
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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