NOT LISTED FOR SALE

497 Sumner St Akron, OH 44304

Downtown Akron Neighborhood

Estimated Value: $115,000 - $157,952

5 Beds
2 Baths
1,776 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2023

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

Est. 4% decrease in value since last sale

Current estimated payment $1,052 / mo

About This Home

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!

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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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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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jun 22, 2023
Sold by
Bought by
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
$134,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,512
Avg. Annual Appreciation
-1.28%
Original Mortgage
$99,750
Outstanding Balance
$96,105
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$38,383

Purchase Details

Closed on
Jun 13, 2002
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Akron, OH

  • Briana Yost Real Estate Agent - Berkshire Hathaway HomeServices Stouffer Realty

    Briana Yost

    Berkshire Hathaway HomeServices Stouffer Realty

    (234) 231-6459

    86 Total Sales

    1 in Downtown Akron

    $135,000 Price

    Briana Yost
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  • Kyle Cutler Real Estate Agent - EXP Realty, LLC.

    Kyle Cutler

    EXP Realty, LLC.

    (440) 732-4178

    235 Total Sales

    1 in Downtown Akron

    $110,000 Price

    Kyle Cutler
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  • Andrea Leek Real Estate Agent - Berkshire Hathaway HomeServices Stouffer Realty

    Andrea Leek

    Berkshire Hathaway HomeServices Stouffer Realty

    (234) 271-3983

    49 Total Sales

    1 in Downtown Akron

    $170,000 Price

    Andrea Leek
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  • Keyano Burgess Real Estate Agent - Lokal Real Estate, LLC.

    Keyano Burgess

    Lokal Real Estate, LLC.

    (216) 999-3997

    130 Total Sales

    1 in Downtown Akron

    $87,500 Price

    Keyano Burgess
     Section Image
  • Roberta Corrin Real Estate Agent - RE/MAX Infinity

    Roberta Corrin

    RE/MAX Infinity

    (234) 425-6919

    113 Total Sales

    1 in Downtown Akron

    $40,250 Price

    Roberta Corrin
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  • Cyndi Kane Real Estate Agent - RE/MAX Crossroads Properties

    Cyndi Kane

    RE/MAX Crossroads Properties

    (234) 271-4314

    175 Total Sales

    1 in Downtown Akron

    $63,500 Price

    Cyndi Kane
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Minnesota Title Agency
$18,800 Minnesota Insured Title Agen
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $99,750
Previous Owner $67,500
Previous Owner $50,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,756 $30,125 $5,198 $24,927
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 Real Estate Agent - Keller Williams Chervenic Rlty

    Seller's Agent in 2023

    Justin Aikens

    Keller Williams Chervenic Rlty

    (330) 388-2637

    55 in this area

    406 Total Sales

    Justin Aikens
    Section Image
  • Kevin Wasie Real Estate Agent - Exactly

    Buyer's Agent in 2023

    Kevin Wasie

    Exactly

    (216) 224-1221

    5 in this area

    381 Total Sales

    Kevin Wasie
    Section Image
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Map

Ohio Summit County Akron 44304 Downtown Akron

497 Sumner St, Akron, OH

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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