NOT LISTED FOR SALE

503 Sumner St Akron, OH 44304

Downtown Akron Neighborhood

Estimated Value: $145,000 - $175,000

6 Beds
2 Baths
1,930 Sq Ft
$83/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $102,500 $53 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,052/month

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 2-minute walk to Boss Park

About This Home

As of January 2021

Incredible turn key property with all major repairs and maintenance done! Can be part of a small turn key package of 4 properties for sale by same owner. Updates include ROOF * AC * HWT * FURNACE * GLASS BLOCK - all appliances convey with property. KICKER is at this property a large 2 car beautiful garage sits out back - for the tenants use or the owner especially if they own multiple properties.

Last Agent to Sell the Property

Nicolas Carucci

JAMM Real Estate Co. License #2016005013 Listed on: 10/27/2020

Last Buyer's Agent

Nicolas Carucci

JAMM Real Estate Co. License #2016005013 Listed on: 10/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1887

Lot Details

  • 7,793 Sq Ft Lot
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Hart & Summers Community

Listing and Financial Details

  • The owner pays for pays all
  • Assessor Parcel Number 6810755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,470

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1887
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1887

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Unfinished

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

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 & Summers

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1789
  • Parcel Number: 6810755

Rental Info

  • Owner Pays: Pays All

Multi Family

  • Unit Count: 2
  • Gross Income: 22200.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 31, 2020
Sold by
Advey Kathleen
Bought by
Gonzalez Austreberto Arturo and Krenn Nicole C
Seller's Agent
Nicolas Carucci
JAMM Real Estate Co.
Buyer's Agent
Nicolas Carucci
JAMM Real Estate Co.
List Price
$109,000
Sold Price
$102,500
Premium/Discount to List
-$6,500
-5.96%
Current Estimated Value
$160,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,094
Avg. Annual Appreciation
9.78%
Original Mortgage
$76,875
Outstanding Balance
$68,599
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$91,995

Purchase Details

Closed on
Apr 7, 2017
Sold by
Clark Angelica C
Bought by
Advey Kathleen

Purchase Details

Listed on
Nov 6, 2014
Closed on
Jan 12, 2015
Sold by
Advey Kathleen and John Russell
Bought by
Jahn Richard K
Seller's Agent
Susan Warren
Keller Williams Chervenic Rlty
Buyer's Agent
Sonja Halstead
Keller Williams Elevate
List Price
$49,900
Sold Price
$49,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%

Purchase Details

Listed on
Nov 6, 2014
Closed on
Dec 11, 2014
Sold by
Miller Helen and Miller Helen G
Bought by
Jahn Richard K and Advey Kathleen
Seller's Agent
Susan Warren
Keller Williams Chervenic Rlty
Buyer's Agent
Sonja Halstead
Keller Williams Elevate
List Price
$49,900
Sold Price
$49,900
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
Gonzalez Austreberto Arturo $102,500 Infinity Title
Advey Kathleen -- None Available
Jahn Richard K -- None Available
Jahn Richard K $49,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Austreberto Arturo $76,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2021 01/04/21 Sold $102,500 -6.0% $53 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $109,000 +118.4% $56 / Sq Ft
12/12/2014 12/12/14 Sold $49,900 0.0% $26 / Sq Ft View Prior Sale
12/11/2014 12/11/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $49,900 -- $26 / 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 $2,522 $44,723 $7,861 $36,862
2024 $2,522 $44,723 $7,861 $36,862
2023 $2,522 $44,723 $7,861 $36,862
2022 $2,361 $30,255 $5,205 $25,050
2021 $1,834 $24,833 $5,205 $19,628
2020 $1,808 $24,840 $5,210 $19,630
2019 $1,470 $17,900 $5,210 $12,690
2018 $1,412 $17,900 $5,210 $12,690
2017 $1,273 $17,900 $5,210 $12,690
2016 $1,274 $15,690 $5,210 $10,480
2015 $1,273 $15,690 $5,210 $10,480
2014 $629 $15,690 $5,210 $10,480
2013 $731 $17,300 $5,210 $12,090
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nicolas Carucci

    JAMM Real Estate Co.

    (330) 998-1290

    4 in this area

    67 Total Sales

    Nicolas Carucci
    Section Image
  • Susan Warren

    Seller's Agent in 2014

    Susan Warren

    Keller Williams Chervenic Rlty

    (330) 903-4822

    276 Total Sales

    Susan Warren
    Section Image
  • Sonja Halstead

    Buyer's Agent in 2014

    Sonja Halstead

    Keller Williams Elevate

    (330) 388-0566

    2 in this area

    665 Total Sales

    Sonja Halstead
    Section Image
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Map

Source: MLS Now

MLS Number: 4235610

MLS Now

APN: 68-10755

Ohio Summit County Akron 44304 Downtown Akron

503 Sumner St, Akron, OH

This home is located at 503 Sumner St, Akron, OH 44304 since 27 October 2020 and is currently estimated at $160,594, approximately $83 per square foot. This property was built in 1887. 503 Sumner St is a home located in Summit County with nearby schools including North High School, Main Preparatory Academy, and Case Preparatory Academy.

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