NOT LISTED FOR SALE

504 Gage St Akron, OH 44311

Downtown Akron Neighborhood

Estimated Value: $129,479 - $142,000

4 Beds
2 Baths
1,482 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2022

Last sale price $124,500 $84 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $881 / mo

46 Days on Market

Highlights

  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System
  • North Facing Home
  • 2 Car Detached Garage
  • Laundry Facilities

About This Home

As of August 2022

A great opportunity to own a University of Akron rental! This property is unique in the fact that it could be rented as a 4 bed 2 bath home, or can close off the door and separate the property into a duplex with 2 bed 1 bath each. This home has 4 bedrooms, 2 baths, and 2 kitchens! It was renovated in 2010 and has a roof with 30 year dimensional shingles that was installed 9/2010. Two hot water tanks installed in 2018. Large rear parking lot which also has a 2 car plus garage and security lighting on all exterior sides of property. Located just 3 blocks of the University of Akron Campus and walkable to area hospital and downtown Akron!

Last Agent to Sell the Property

Justin Aikens

Keller Williams Chervenic Rlty License #2012000353 Listed on: 06/13/2022

Keller Williams Chervenic Rlty

Last Buyer's Agent

Courtney Bownes

EXP Realty, LLC. License #2020006551

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1889

Lot Details

  • 10,890 Sq Ft Lot
  • North Facing Home
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,482 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Built-In Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for cable/electric link, electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 6824125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,582

Year Built

Built in 1889

Lot Details

0.25 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: North
  • Price Per Square Foot: 84.01
  • Estimated Price per Sq Ft: 84.01
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1482
  • Year Built: 1889
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1889

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Smoke Detector, Wall Oven, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1482.00
  • Sq Ft Approx Total Finished: 1482.00

Exterior Features

  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2500
  • Parcel Number: 6824125

Rental Info

  • Owner Pays: Cable/Electric Link, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1582

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
Jun 13, 2022
Closed on
Aug 25, 2022
Sold by
Bought by
Seller's Agent
Justin Aikens
Keller Williams Chervenic Rlty
Buyer's Agent
Courtney Bownes
EXP Realty, LLC.
List Price
$139,900
Sold Price
$124,500
Premium/Discount to List
-$15,400
-11.01%
Current Estimated Value
$137,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,120
Avg. Annual Appreciation
2.65%
Original Mortgage
$93,375
Outstanding Balance
$88,289
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$49,331

Purchase Details

Closed on
May 6, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$124,500 Snell Jeffrey J
$47,900 Chicago Title Insurance Co
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 $93,375
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
08/23/2022 08/23/22 Sold $124,500 -4.2% $84 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $129,900 -7.1% $88 / Sq Ft
06/13/2022 06/13/22 For Sale $139,900 -- $94 / Sq Ft
Source: MLS Now

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 $4,542 $38,816 $9,524 $29,292
2025 $2,265 $38,816 $9,524 $29,292
2024 $2,265 $38,816 $9,524 $29,292
2023 $2,265 $38,816 $9,524 $29,292
2022 $1,582 $21,788 $6,307 $15,481
2021 $1,583 $21,788 $6,307 $15,481
2020 $2,048 $29,180 $6,310 $22,870
2019 $1,400 $17,580 $6,310 $11,270
2018 $1,383 $17,580 $6,310 $11,270
2017 $1,287 $17,580 $6,310 $11,270
2016 $1,288 $15,980 $6,310 $9,670
2015 $1,287 $15,980 $6,310 $9,670
2014 $1,278 $15,980 $6,310 $9,670
2013 $1,348 $17,320 $6,310 $11,010
Source: Public Records

Agents Affiliated with this Home

  • Justin Aikens

    Seller's Agent in 2022

    Justin Aikens

    Keller Williams Chervenic Rlty

    (330) 388-2637

    56 in this area

    412 Total Sales

    Justin Aikens
    Section Image
  • Courtney Bownes

    Buyer's Agent in 2022

    Courtney Bownes

    EXP Realty, LLC.

    (740) 541-0757

    2 in this area

    42 Total Sales

    Courtney Bownes
    Section Image
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Map

Source: MLS Now

MLS Number: 4381161

MLS Now

APN: 68-24125

Ohio Summit County Akron 44311 Downtown Akron

504 Gage St, Akron, OH

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