NOT LISTED FOR SALE

516 Delaware Ave Akron, OH 44303

Merriman Hills Neighborhood

Estimated Value: $447,000 - $572,000

4 Beds
5 Baths
3,088 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $342,500 $111 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,303/month

183 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 3 Fireplaces
  • Patio
  • Humidifier

About This Home

As of August 2020

Architectural detailing abounds in this gracious Colonial on one of NW Akron's most coveted streets. Pretty semi-private large lot w/paver patio & stone landscaping beds. Many special features from 1940 era. A domed ceiling + slate floor greet you as you enter the vestibule. Arched doorways w/wide molding + keystones lead from the foyer to the living & dining rms + eat-in kitchen. Light streams in from the large picture window into the living rm w/windows flanking a beautiful fireplace. Glass doors flow into the family rm w/walls of windows + built-in bookshelves/cabinets, patio door + entrance to the dining rm. Dining rm features include crown + chair moldings, a glass fronted corner cabinet, wood floors & double window . Abundant cherry cabinetry w/lazy susan, wine rack, pull out tea cart + some pull out shelves, double oven (convection top only), Jenn-Aire glass cooktop w/exhaust hood and ample counter space. Enjoy informal dining in the warm and cozy hearth room w/brick fireplace, beamed ceiling + double window. Guest half bath completes the first floor. Upstairs are 4 spacious BRs w/abundant closet space, crown moldings + lots of windows. The owner's suite has a dressing area w/separate vanity, 2 closets (one a walk-in), + remodeled tile shower. There are 2 additional full baths + second floor laundry. The basement offers a paneled & fireplaced rec room, craft rm + walk-in pantry. Kitchen leads out to a covered entry door, 2 car att garage & turnaround area.

Last Agent to Sell the Property

Susan Waggoner

Howard Hanna License #210425 Listed on: 01/27/2020

Howard Hanna

Co-Listed By

Gini Paige

Howard Hanna License #330725

Last Buyer's Agent

Jenny Frantz

Howard Hanna License #2006006325

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 135x179
  • Chain Link Fence

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 6747316

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 129.83
  • Estimated Price per Sq Ft: 129.83
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2638
  • Year Built: 1939
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1939

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Garbage Disposal, Humidifier, Wall Oven, Refrigerator, Smoke Detector
  • Fireplaces: 3
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Full, Partially Finished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2638.00
  • Sq Ft Approx Below Grade Finished: 450.00
  • Sq Ft Approx Total Finished: 3088.00

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Patio, Storage Shed/Out Bld
  • Fences: Chain Link
  • Roof: Slate

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Water Available
  • Garage Num Of Cars: 2

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 135x179
  • Lot Size Units: Acres
  • Parcel Number: 6747316

Tax Info

  • Tax: 9076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Aug 31, 2020
Sold by
Zipp Jr John F and Zipp Janice D
Bought by
Wallace Timothy and Wallace Melissa
Seller's Agent
Susan Waggoner
Howard Hanna
Buyer's Agent
Jenny Frantz
Howard Hanna
List Price
$375,000
Sold Price
$342,500
Premium/Discount to List
-$32,500
-8.67%
Current Estimated Value
$502,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,329
Avg. Annual Appreciation
6.58%
Original Mortgage
$336,283
Outstanding Balance
$301,797
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$170,401

Purchase Details

Listed on
Jan 27, 2020
Closed on
Aug 26, 2020
Sold by
Zipp John F and Yoder Janice D
Bought by
Wallace Timothy and Wallace Melissa
Seller's Agent
Susan Waggoner
Howard Hanna
Buyer's Agent
Jenny Frantz
Howard Hanna
List Price
$375,000
Sold Price
$342,500
Premium/Discount to List
-$32,500
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,283
Outstanding Balance
$301,797
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$170,401

Purchase Details

Closed on
Jun 25, 1998
Sold by
Levan Carolyn G
Bought by
Yoder John F Zipp Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Wallace Timothy $342,500 None Listed On Document
Wallace Timothy $342,500 Barristers Of Ohio Llc
Yoder John F Zipp Janice $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Timothy $55,000
Open Wallace Timothy $336,283
Closed Wallace Timothy $336,283
Previous Owner Yoder John F Zipp Janice $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $342,500 -2.1% $111 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/15/2020 07/15/20 Price Changed $349,900 -2.8% $113 / Sq Ft
05/05/2020 05/05/20 Price Changed $360,000 -4.0% $117 / Sq Ft
03/30/2020 03/30/20 For Sale $375,000 0.0% $121 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $375,000 -6.0% $121 / Sq Ft
01/27/2020 01/27/20 For Sale $399,000 -- $129 / 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 $7,482 $138,800 $41,472 $97,328
2024 $7,482 $138,800 $41,472 $97,328
2023 $7,482 $138,800 $41,472 $97,328
2022 $8,305 $121,755 $36,379 $85,376
2021 $8,313 $121,755 $36,379 $85,376
2020 $8,348 $124,250 $36,380 $87,870
2019 $9,076 $123,200 $35,290 $87,910
2018 $8,955 $123,200 $35,290 $87,910
2017 $8,609 $123,200 $35,290 $87,910
2016 $8,615 $116,310 $35,290 $81,020
2015 $8,609 $116,310 $35,290 $81,020
2014 $8,540 $116,310 $35,290 $81,020
2013 $8,849 $123,330 $35,290 $88,040
Source: Public Records

Agents Affiliated with this Home

  • Susan Waggoner

    Seller's Agent in 2020

    Susan Waggoner

    Howard Hanna

    (330) 283-6390

    4 in this area

    65 Total Sales

    Susan Waggoner
    Section Image
  • Gini Paige

    Seller Co-Listing Agent in 2020

    Gini Paige

    Howard Hanna

    (330) 801-9732

    4 in this area

    67 Total Sales

    Gini Paige
    Section Image
  • Jenny Frantz

    Buyer's Agent in 2020

    Jenny Frantz

    Howard Hanna

    (330) 329-7220

    35 in this area

    193 Total Sales

    Jenny Frantz
    Section Image
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Map

Source: MLS Now

MLS Number: 4163689

MLS Now

APN: 67-47316

Ohio Summit County Akron 44303 Merriman Hills

516 Delaware Ave, Akron, OH

This home is located at 516 Delaware Ave, Akron, OH 44303 since 27 January 2020 and is currently estimated at $502,829, approximately $162 per square foot. This property was built in 1939. 516 Delaware Ave is a home located in Summit County with nearby schools including King Community Learning Center, Towpath Trail High School, and Our Lady Of The Elms Elementary School.

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.

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