NOT LISTED FOR SALE

506 E Summit St Kent, OH 44240

Estimated Value: $1,272,846

15 Beds
9 Baths
6,594 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 506 E Summit St, Kent, OH 44240 and is currently estimated at $1,272,846, approximately $193 per square foot. 506 E Summit St is a home located in Portage County with nearby schools including Holden Elementary School, Stanton Middle School, and Theodore Roosevelt High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
A & H Investments Joint Venture Llc
Bought by
County Kent Properties Llc
Current Estimated Value
$1,272,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,975,000
Outstanding Balance
$2,220,044
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$969,057

Purchase Details

Closed on
Jan 22, 2015
Sold by
A & H Investments Joint Venture Llc
Bought by
City Of Kent

Purchase Details

Closed on
May 5, 2011
Sold by
Hauch James V and Apel Timothy W
Bought by
A & H Investments Joint Venture Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,500
Interest Rate
4.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 22, 2007
Sold by
Rosewood Investment Corp
Bought by
Hauch James V and Apel Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.42%
Mortgage Type
Commercial
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.

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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.

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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.

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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.

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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
County Kent Properties Llc -- First American Akron Com
City Of Kent $6,890 None Available
A & H Investments Joint Venture Llc -- Bennett Land Title Agency
Hauch James V $680,000 Approved Statewide Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open County Kent Properties Llc $3,975,000
Previous Owner A & H Investments Joint Venture Llc $1,110,500
Previous Owner Hauch James V $544,000
Source: Public Records

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
2024 $14,438 $244,130 $56,490 $187,640
2023 $12,664 $183,510 $49,420 $134,090
2022 $12,690 $183,510 $49,420 $134,090
2021 $12,918 $183,510 $49,420 $134,090
2020 $13,091 $183,510 $49,420 $134,090
2019 $13,142 $183,510 $49,420 $134,090
2017 $11,152 $151,870 $40,530 $111,340
2016 $11,361 $151,870 $40,530 $111,340
Source: Public Records

Map

Ohio Portage County Kent 44240

506 E Summit St, Kent, OH

Not Listed for Sale

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