NOT LISTED FOR SALE

Estimated Value: $119,000 - $132,000

4 Beds
3 Baths
2,240 Sq Ft
$57/Sq Ft Est. Value

About This Home

This home is located at 408 406 Madison Ave, Akron, OH 44320 and is currently estimated at $128,088, approximately $57 per square foot. 408 406 Madison Ave is a home located in Summit County with nearby schools including St. Vincent Elementary School and Julie Billiart School Akron.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Panwar Rita and Panwar Ajay
Bought by
Cuyahoga Valley Rentals Llc
Current Estimated Value
$128,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Outstanding Balance
$104,621
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$15,567

Purchase Details

Closed on
Nov 6, 2023
Sold by
Tbc Realty Llc
Bought by
Panwar Ajay and Panwar Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2021
Sold by
Smith Nuwoo L
Bought by
Tbc Realty Llc

Purchase Details

Closed on
Apr 16, 2010
Sold by
Williams Rodney W and Williams Latrice E
Bought by
Smith Nuwoo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,303
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2008
Sold by
Williams Jonathan L
Bought by
Williams Rodney W

Purchase Details

Closed on
Apr 8, 2008
Sold by
Wells Fargo Bank Na
Bought by
Williams Jonathan L

Purchase Details

Closed on
Dec 13, 2006
Sold by
Albert Mark E
Bought by
Wells Fargo Bank Na and Imh Assets Corp Collateralized Asset Bac

Purchase Details

Closed on
May 7, 2005
Sold by
Albert Mark E and Albert Jaline Q
Bought by
Albert Investment Group Llc

Purchase Details

Closed on
Mar 12, 2004
Sold by
Three Lee Rentals
Bought by
Albert Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cuyahoga Valley Rentals Llc $131,000 First Source Title
Panwar Ajay $125,000 None Listed On Document
Tbc Realty Llc $72,500 Infinity Title Co
Smith Nuwoo L $52,250 Attorney
Williams Rodney W $9,900 Attorney
Williams Jonathan L $9,900 Attorney
Wells Fargo Bank Na $68,000 Alt
Albert Investment Group Llc -- --
Albert Mark E $80,000 Approved Statewide Title Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuyahoga Valley Rentals Llc $104,800
Previous Owner Panwar Ajay $93,750
Previous Owner Smith Nuwoo L $51,303
Previous Owner Albert Mark E $64,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $1,377 $24,137 $4,554 $19,583
2024 $1,377 $24,137 $4,554 $19,583
2023 $1,377 $23,780 $4,554 $19,226
2022 $1,063 $13,987 $2,678 $11,309
2021 $1,087 $14,564 $2,678 $11,886
2020 $1,553 $14,570 $2,680 $11,890
2019 $1,049 $13,480 $4,460 $9,020
2018 $1,036 $13,480 $4,460 $9,020
2017 $1,051 $13,480 $4,460 $9,020
2016 $1,052 $13,480 $4,460 $9,020
2015 $1,051 $13,480 $4,460 $9,020
2014 $1,043 $13,480 $4,460 $9,020
2013 $1,075 $14,230 $4,460 $9,770
Source: Public Records

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