NOT LISTED FOR SALE

497 Sumner St Akron, OH 44304

Downtown Akron Neighborhood

Estimated Value: $131,000 - $164,369

5 Beds
2 Baths
1,776 Sq Ft
$80/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $140,000 $79 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $906/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to Boss Park

About This Home

As of June 2023

Location, Location, Location
This 5 bedroom, 2 bathroom money maker is just 1 ½ blocks from The University of Akron. The kitchen has been completely remodeled, both bathrooms have been updated, and all mechanical systems have been redone.
Both the furnace and air conditioning were replaced in 2022, glass block windows were installed, and many windows have been replaced.
The property is currently leased through August 2024 at $1,880/mo, $22,560 annually!
There is nothing to do on this turnkey money machine but collect the rent!

Last Agent to Sell the Property

Justin Aikens

Keller Williams Chervenic Rlty License #2012000353 Listed on: 04/21/2023

Keller Williams Chervenic Rlty

Last Buyer's Agent

Kevin Wasie

Exactly License #2018002165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1887

Lot Details

  • 3,646 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Hart & Sumber Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 6823983

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 78.83
  • Estimated Price per Sq Ft: 78.83
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1776
  • Year Built: 1887
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1887

Interior Features

  • Total Bedrooms: 5
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1776.00
  • Sq Ft Approx Total Finished: 1776.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Hart & Sumber Allotment

Schools

  • School District: Akron CSD
  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0837
  • Parcel Number: 6823983
  • LandLeaseYN: No

Tax Info

  • Tax: 1570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jun 22, 2023
Sold by
Westfall G Matthew
Bought by
540 E Buchtel Llc
Seller's Agent
Justin Aikens
Keller Williams Chervenic Rlty
Buyer's Agent
Kevin Wasie
Exactly
List Price
$149,500
Sold Price
$140,000
Premium/Discount to List
-$9,500
-6.35%
Views
28
Current Estimated Value
$142,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,092
Avg. Annual Appreciation
0.64%
Original Mortgage
$99,750
Outstanding Balance
$97,083
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$45,009

Purchase Details

Closed on
Jun 13, 2002
Sold by
Kessler Joseph M
Bought by
Westfall G Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
540 E Buchtel Llc $140,000 Minnesota Title Agency
Westfall G Matthew $18,800 Minnesota Insured Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 540 E Buchtel Llc $99,750
Previous Owner Westfall G Matthew $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $140,000 -6.4% $79 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $149,500 -- $84 / Sq Ft
Source: MLS Now

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 $1,932 $32,085 $5,359 $26,726
2024 $1,932 $32,085 $5,359 $26,726
2023 $1,932 $31,599 $5,359 $26,240
2022 $1,570 $20,927 $3,549 $17,378
2021 $1,572 $20,927 $3,549 $17,378
2020 $1,550 $20,930 $3,550 $17,380
2019 $1,230 $15,870 $3,550 $12,320
2018 $1,215 $15,870 $3,550 $12,320
2017 $1,077 $15,870 $3,550 $12,320
2016 $1,078 $13,730 $3,550 $10,180
2015 $1,077 $13,730 $3,550 $10,180
2014 $1,069 $13,730 $3,550 $10,180
2013 $1,154 $15,220 $3,550 $11,670
Source: Public Records

Agents Affiliated with this Home

  • Justin Aikens

    Seller's Agent in 2023

    Justin Aikens

    Keller Williams Chervenic Rlty

    (330) 388-2637

    56 in this area

    436 Total Sales

    Justin Aikens
    Section Image
  • Kevin Wasie

    Buyer's Agent in 2023

    Kevin Wasie

    Exactly

    (216) 224-1221

    5 in this area

    371 Total Sales

    Kevin Wasie
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4452943

MLS Now

APN: 68-23983

Ohio Summit County Akron 44304 Downtown Akron

497 Sumner St, Akron, OH

This home is located at 497 Sumner St, Akron, OH 44304 since 21 April 2023 and is currently estimated at $142,092, approximately $80 per square foot. This property was built in 1887. 497 Sumner St is a home located in Summit County with nearby schools including North High School, Main Preparatory Academy, and Case Preparatory Academy.

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.

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