504 Sumner St Akron, OH 44304
Downtown Akron Neighborhood
3
Beds
1
Bath
1,008
Sq Ft
4,561
Sq Ft Lot
Highlights
- Colonial Architecture
- Forced Air Heating System
- 2-minute walk to Boss Park
- Detached Garage
About This Home
As of March 2023Awesome 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.
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
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%
Total Days on Market
137
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$78,750
Outstanding Balance
$76,799
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$37,747
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
Map
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Similar Homes in Akron, OH
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | -- | |
| Warranty Deed | $115,000 | None Available | |
| Warranty Deed | $50,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $30,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $78,750 | Credit Line Revolving | |
| Previous Owner | $92,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $75,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $88,200 | Purchase Money Mortgage | |
| Previous Owner | $29,500 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | For Sale | $124,900 | +19.0% | $124 / 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
| 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
Source: MLS Now
MLS Number: 4413152
APN: 68-19271
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