NOT LISTED FOR SALE

504 Sumner St Akron, OH 44304

Downtown Akron Neighborhood

Estimated Value: $113,000 - $118,000

3 Beds
1 Bath
1,008 Sq Ft
$114/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $105,000 $104 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $732/month

137 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • 2-minute walk to Boss Park
  • Detached Garage

About This Home

As of March 2023

Awesome opportunity to own a University of Akron Rental! Rented for $1,305 a month or $15,600 for the year. Owner pays utilities with utility cap. Utility cap is $255. Being sold as a package of 3 properties: 504 Sumner, 499 Sumner, and 512 Sumner. All 3 within walking distance. Package asking price $345,000. Easy to manage. Easy to rent. Plus fantastic rental history. Reach out for more information or to schedule a showing. Rented till end of July 2023. Improvements include: (2021) House painted (2020) New windows, Removed old garage (2019) Plumbing work, New water heater, added gravel in back.

Last Agent to Sell the Property

Dustin Purtan

EXP Realty, LLC. License #2024004721 Listed on: 10/05/2022

EXP Realty, LLC.

Last Buyer's Agent

Nicole Jesser

EXP Realty, LLC. License #2017001758

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1906

Lot Details

  • 4,561 Sq Ft Lot
  • Unpaved Streets

Parking

  • Detached Garage

Home Design

  • 1,008 Sq Ft Home
  • Colonial Architecture
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Rentschler Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 6819271

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 104.17
  • Estimated Price per Sq Ft: 104.17
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1008
  • Year Built: 1906
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1008.00
  • Sq Ft Approx Total Finished: 1008.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Rentschler Allotment

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1047
  • Parcel Number: 6819271
  • LandLeaseYN: No

Tax Info

  • Tax: 1262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Mar 24, 2023
Sold by
Rental Properties Investment Group Llc
Bought by
Giv Enterprise Llc
Seller's Agent
Dustin Purtan
EXP Realty, LLC.
Buyer's Agent
Nicole Jesser
EXP Realty, LLC.
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Views
6
Current Estimated Value
$115,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,386
Avg. Annual Appreciation
3.48%
Original Mortgage
$78,750
Outstanding Balance
$76,273
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$39,113

Purchase Details

Closed on
Jul 24, 2019
Sold by
A & R Property Development Llc
Bought by
Rental Properties Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 23, 2014
Sold by
Braymor Developments Llc
Bought by
A & R Property Developments Llc

Purchase Details

Closed on
Oct 27, 2008
Sold by
Morrison Jack W
Bought by
Braymor Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2007
Sold by
Mcavoy James P
Bought by
Morrison Jack W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Giv Enterprise Llc $105,000 --
Rental Properties Investment Group Llc $115,000 None Available
A & R Property Developments Llc $50,000 None Available
Braymor Development Llc -- None Available
Morrison Jack W $30,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giv Enterprise Llc $78,750
Previous Owner Rental Properties Investment Group Llc $92,000
Previous Owner Braymor Development Llc $88,200
Previous Owner Morrison Jack W $29,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $105,000 0.0% $104 / Sq Ft
02/19/2023 02/19/23 Off Market $105,000 -- --
02/19/2023 02/19/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $115,000 0.0% $114 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
10/05/2022 10/05/22 For Sale $115,000 -- $114 / 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 $1,534 $25,589 $5,971 $19,618
2024 $1,534 $25,589 $5,971 $19,618
2023 $1,534 $25,589 $5,971 $19,618
2022 $1,261 $17,521 $3,955 $13,566
2021 $1,262 $17,521 $3,955 $13,566
2020 $1,244 $17,530 $3,960 $13,570
2019 $1,110 $14,080 $3,960 $10,120
2018 $1,096 $14,080 $3,960 $10,120
2017 $992 $14,080 $3,960 $10,120
2016 $993 $12,420 $3,960 $8,460
2015 $992 $12,420 $3,960 $8,460
2014 $985 $12,420 $3,960 $8,460
2013 $1,328 $15,820 $3,960 $11,860
Source: Public Records

Agents Affiliated with this Home

  • Dustin Purtan

    Seller's Agent in 2023

    Dustin Purtan

    EXP Realty, LLC.

    (330) 620-5680

    29 in this area

    322 Total Sales

    Dustin Purtan
    Section Image
  • Nicole Jesser

    Buyer's Agent in 2023

    Nicole Jesser

    EXP Realty, LLC.

    (330) 618-5740

    3 in this area

    205 Total Sales

    Nicole Jesser
    Section Image
  • Ryan Shaffer

    Buyer Co-Listing Agent in 2023

    Ryan Shaffer

    EXP Realty, LLC.

    (330) 329-6904

    5 in this area

    471 Total Sales

    Ryan Shaffer
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4413152

MLS Now

APN: 68-19271

Ohio Summit County Akron 44304 Downtown Akron

504 Sumner St, Akron, OH

Not Listed for Sale

Detached

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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes