NOT LISTED FOR SALE

534 Gage St Akron, OH 44311

Downtown Akron Neighborhood

Estimated Value: $65,000 - $88,000

3 Beds
1 Bath
837 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $58,000 $69 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $533/month

57 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • North Facing Home

About This Home

As of June 2021

ATTENTION INVESTORS! Welcome to 534 Gage St, Akron, OH. Great opportunity to add a cash flowing property to your portfolio. This property is currently being used as a University of Akron rental and is rented for $900 a month ($300 per room) and tenants pay all utilities! This property has a possible cap rate of 15% or a possible 40% cash on cash return! Schedule your private showing today so you can add 534 Gage St, Akron, OH to your investment portfolio.

Last Agent to Sell the Property

Dustin Purtan

EXP Realty, LLC. License #2024004721 Listed on: 04/19/2021

EXP Realty, LLC.

Last Buyer's Agent

Angela Hawkins

Carriage Group Realty License #2016004283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1853

Lot Details

  • 5,445 Sq Ft Lot
  • North Facing Home
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 837 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • Chapman Community

Listing and Financial Details

  • Assessor Parcel Number 6806732

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,275

Year Built

Built in 1853

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow, Colonial
  • House Faces: North
  • Price Per Square Foot: 69.30
  • Estimated Price per Sq Ft: 69.30
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 837
  • Year Built: 1853
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1853

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Full, Unfinished, Walk-Out
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 837.00
  • Sq Ft Approx Total Finished: 837.00

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Chapman

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1250
  • Parcel Number: 6806732

Tax Info

  • Tax: 1275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 25, 2021
Sold by
Rental Properties Investment Group Llc
Bought by
Td Anderhen Llc
Seller's Agent
Dustin Purtan
EXP Realty, LLC.
Buyer's Agent
Angela Hawkins
Carriage Group Realty
List Price
$69,900
Sold Price
$58,000
Premium/Discount to List
-$11,900
-17.02%
Current Estimated Value
$79,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,563
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Jun 28, 2017
Sold by
Potemski Ann Marie
Bought by
Rental Properties Investments Group Llc

Purchase Details

Closed on
May 2, 2007
Sold by
Household Realty Corp
Bought by
Potemski Paul and Potemski Ann Marie

Purchase Details

Closed on
Mar 13, 2007
Sold by
Goodwin Thomas J
Bought by
Household Realty Corp

Purchase Details

Closed on
Jun 14, 2001
Sold by
Summit Redevelopment Co Llc
Bought by
Goodwin Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.16%

Purchase Details

Closed on
May 1, 2001
Sold by
Summit Redevelopment Co Llc
Bought by
Goodwin Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.16%

Purchase Details

Closed on
Mar 22, 2001
Sold by
Martie Gary A and Martie Jeanne L
Bought by
Summit Redevelopment Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
10%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Td Anderhen Llc $58,000 Minnesota Title Agency
Rental Properties Investments Group Llc $33,500 None Available
Potemski Paul $17,000 Resource Title Agency Inc
Household Realty Corp $29,334 Attorney
Goodwin Thomas J $35,000 First Security Title Corpora
Goodwin Thomas J $35,000 First Security Title
Summit Redevelopment Co Llc $21,000 First Security Title Corpora
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodwin Thomas J $40,000
Previous Owner Goodwin Thomas J $35,000
Previous Owner Summit Redevelopment Co Llc $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2021 06/25/21 Sold $58,000 -17.0% $69 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $69,900 +108.7% $84 / Sq Ft
11/30/2017 11/30/17 Sold $33,500 -16.2% $44 / Sq Ft View Prior Sale
06/20/2017 06/20/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $39,969 -- $52 / 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 $1,388 $25,239 $6,594 $18,645
2024 $1,388 $25,239 $6,594 $18,645
2023 $1,388 $25,239 $6,594 $18,645
2022 $1,290 $16,864 $4,365 $12,499
2021 $1,293 $16,864 $4,365 $12,499
2020 $1,275 $16,870 $4,370 $12,500
2019 $1,133 $13,360 $4,370 $8,990
2018 $1,119 $13,360 $4,370 $8,990
2017 $1,022 $13,360 $4,370 $8,990
2016 $1,023 $11,800 $4,370 $7,430
2015 $1,022 $11,800 $4,370 $7,430
2014 $1,015 $11,800 $4,370 $7,430
2013 $1,077 $12,940 $4,370 $8,570
Source: Public Records

Agents Affiliated with this Home

  • Dustin Purtan

    Seller's Agent in 2021

    Dustin Purtan

    EXP Realty, LLC.

    (330) 620-5680

    29 in this area

    319 Total Sales

    Dustin Purtan
    Section Image
  • Angela Hawkins

    Buyer's Agent in 2021

    Angela Hawkins

    Carriage Group Realty

    (330) 388-4528

    1 in this area

    109 Total Sales

    Angela Hawkins
    Section Image
  • Kaitlin Rorar

    Buyer Co-Listing Agent in 2021

    Kaitlin Rorar

    Berkshire Hathaway HomeServices Simon & Salhany Realty

    (330) 620-2991

    1 in this area

    53 Total Sales

    Kaitlin Rorar
    Section Image

  • A

    Seller's Agent in 2017

    Ann-Marie Potemski

    Deleted Agent

  • Sandy Chrisant

    Buyer's Agent in 2017

    Sandy Chrisant

    Keller Williams Chervenic Rlty

    (330) 472-1706

    3 in this area

    277 Total Sales

    Sandy Chrisant
    Section Image
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Map

Source: MLS Now

MLS Number: 4271515

MLS Now

APN: 68-06732

Ohio Summit County Akron 44311 Downtown Akron

534 Gage St, Akron, OH

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