502 Lucy St Akron, OH 44306
East Akron Neighborhood
3
Beds
1
Bath
810
Sq Ft
4,199
Sq Ft Lot
Highlights
- No HOA
- Bungalow
- 1-Story Property
- Front Porch
- Forced Air Heating System
About This Home
As of December 2024This cozy 3-bedroom, 1-bath bungalow is an excellent opportunity for investors. Located in a quiet, established neighborhood, this property offers a great foundation for value appreciation. Key features include an unfinished basement with ample potential for additional living space or storage, a paved driveway (no garage), and a manageable lot size that requires minimal upkeep.
The property’s layout is efficient, with well-proportioned rooms. Just looking for your personal touch! The Akron location offers easy access to local amenities, schools, and major transportation routes.
Ideal for investors looking for a rental property or a home to renovate and flip. Don’t miss this opportunity to add value to your portfolio! Tenant occupied - requires 24 hours notice to show. Tenant owns the appliances.
Last Agent to Sell the Property
RE/MAX Edge Realty Brokerage Email: debbie@debbieferrante.com 330-958-8394 License #2010000047 Listed on: 09/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $579
Year Built
- Built in 1919
Lot Details
- 4,199 Sq Ft Lot
- Chain Link Fence
Parking
- Driveway
Home Design
- Bungalow
- Block Foundation
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 810 Sq Ft Home
- 1-Story Property
- Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Front Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Homestead Allotment Subdivision
Listing and Financial Details
- Assessor Parcel Number 6705743
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2024
Closed on
Dec 16, 2024
Sold by
Alliance Oh Holdings Llc
Bought by
Hughes Maria and Hughes Andrew
Seller's Agent
Debbie Ferrante
RE/MAX Edge Realty
Buyer's Agent
Leda Lambdin
RE/MAX Trends Realty
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,939
Avg. Annual Appreciation
5.51%
Original Mortgage
$50,250
Outstanding Balance
$50,077
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$12,018
Purchase Details
Closed on
Aug 6, 2010
Sold by
Gerova Asset Backed Holdings Lp
Bought by
Akron Housing Partners At Net Five Llc
Purchase Details
Closed on
Jun 30, 2004
Sold by
Culler Arlune R
Bought by
Stillwater Asset Backed Fund Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 1994
Sold by
Baskerville Emma F
Bought by
Mckeen Denise
Similar Homes in Akron, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | None Listed On Document | |
| Warranty Deed | $1,715,624 | First Am Cleveland | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $28,000 | Midland Commerce Group | |
| Deed | $4,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,250 | Credit Line Revolving | |
| Previous Owner | $45,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $60,000 | -7.7% | $74 / Sq Ft |
| 10/21/2024 10/21/24 | Pending | -- | -- | -- |
| 09/14/2024 09/14/24 | For Sale | $65,000 | -- | $80 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $578 | $9,570 | $2,965 | $6,605 |
| 2024 | $578 | $9,570 | $2,965 | $6,605 |
| 2023 | $578 | $9,570 | $2,965 | $6,605 |
| 2022 | $452 | $5,628 | $1,743 | $3,885 |
| 2021 | $452 | $5,628 | $1,743 | $3,885 |
| 2020 | $447 | $5,630 | $1,740 | $3,890 |
| 2019 | $313 | $3,270 | $990 | $2,280 |
| 2018 | $310 | $3,270 | $990 | $2,280 |
| 2017 | $306 | $3,270 | $990 | $2,280 |
| 2016 | $306 | $3,330 | $990 | $2,340 |
| 2015 | $306 | $3,330 | $990 | $2,340 |
| 2014 | $304 | $3,330 | $990 | $2,340 |
| 2013 | $610 | $7,720 | $3,970 | $3,750 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Debbie Ferrante
RE/MAX
(330) 958-8394
41 in this area
2,469 Total Sales
-
Buyer's Agent in 2024
Leda Lambdin
RE/MAX
(440) 384-4446
5 in this area
140 Total Sales
Map
Source: MLS Now
MLS Number: 5059721
APN: 67-05743
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