NOT LISTED FOR SALE

541 Madison Ave Akron, OH 44320

West Akron Neighborhood

Estimated Value: $42,000 - $75,691

4 Beds
1 Bath
1,248 Sq Ft
$46/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2022

Last sale price $30,000 $24 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $413 / mo

38 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System

About This Home

As of July 2022

Investor special! 4 bedrooms 1 bathroom colonial has plenty of space to let your creative juices flow. Three bedrooms on the second floor and a fourth bedroom/additional space on the third.

Last Agent to Sell the Property

Michael Ferrante

LPT Realty License #2019005741 Listed on: 05/16/2022

Last Buyer's Agent

Dion Cargill

Key Realty License #2016006306

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 5,894 Sq Ft Lot
  • Lot Dimensions are 45x131

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 6836364

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

5,894 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 24.04
  • Estimated Price per Sq Ft: 24.04
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1248
  • Year Built: 1919
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1919

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1248.00
  • Sq Ft Approx Total Finished: 1248.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Schools

  • School District: Akron CSD

Lot Info

  • Lot Dimensions: 45x131
  • Lot Size Units: Acres
  • Acres: 0.1353
  • Parcel Number: 6836364
  • LandLeaseYN: No

Tax Info

  • Tax: 2497

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Bought by
Current Estimated Value
$57,423

Purchase Details

Closed on
Jun 23, 2023
Sold by
Bought by

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 28, 2022
Sold by
Bought by
Seller's Agent
Michael Ferrante
LPT Realty
Buyer's Agent
Dion Cargill
Key Realty
List Price
$40,000
Sold Price
$30,000
Premium/Discount to List
-$10,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 14, 2021
Sold by
Bought by
Seller's Agent
Kimberly Lewis
Home Equity Realty Group
Buyer's Agent
Phil Rogers
Russell Real Estate Services
List Price
$39,000
Sold Price
$25,000
Premium/Discount to List
-$14,000
-35.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.71%

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 22, 2018
Sold by
Bought by
Seller's Agent
Garrett Rowan
Home Equity Realty Group
Buyer's Agent
Garrett Rowan
Home Equity Realty Group
List Price
$25,000
Sold Price
$9,000
Premium/Discount to List
-$16,000
-64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.98%
Original Mortgage
$10,000
Interest Rate
0.045%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 12, 2018
Sold by
Bought by
Seller's Agent
John Markley
Markley Realty, Inc.
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$10,000
Sold Price
$5,500
Premium/Discount to List
-$4,500
-45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
206.26%
Original Mortgage
$25,000
Interest Rate
0.0444%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 30, 2018
Closed on
Apr 24, 2018
Sold by
Bought by
Seller's Agent
John Markley
Markley Realty, Inc.
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$10,000
Sold Price
$5,500
Premium/Discount to List
-$4,500
-45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
0.0444%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 1, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,000 Title Co
$25,000 --
$30,000 Titleco Title Agency
$25,000 None Listed On Document
$13,000 None Available
-- Servicelink Llc
$20,000 None Available
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $10,000
Previous Owner $25,000
Previous Owner $60,076
Previous Owner $63,500
Previous Owner $56,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2022 07/20/22 Sold $30,000 -6.3% $24 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/03/2022 06/03/22 Price Changed $32,000 -20.0% $26 / Sq Ft
05/16/2022 05/16/22 For Sale $40,000 +60.0% $32 / Sq Ft
05/14/2021 05/14/21 Sold $25,000 -35.9% $20 / Sq Ft View Prior Sale
04/13/2021 04/13/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $39,000 +333.3% $31 / Sq Ft
11/21/2018 11/21/18 Sold $9,000 -64.0% $7 / Sq Ft View Prior Sale
10/01/2018 10/01/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $25,000 +354.5% $20 / Sq Ft
06/13/2018 06/13/18 Sold $5,500 -45.0% $4 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $10,000 -- $8 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,214 $10,364 $3,395 $6,969
2025 $730 $10,364 $3,395 $6,969
2024 $730 $10,364 $3,395 $6,969
2023 $730 $10,364 $3,395 $6,969
2022 $581 $7,403 $2,426 $4,977
2021 $2,497 $7,928 $2,426 $5,502
2020 $1,073 $7,930 $2,430 $5,500
2019 $842 $10,440 $3,770 $6,670
2018 $832 $10,440 $3,770 $6,670
2017 $856 $10,440 $3,770 $6,670
2016 $857 $10,600 $3,770 $6,830
2015 $856 $10,600 $3,770 $6,830
2014 $850 $10,600 $3,770 $6,830
2013 $874 $11,170 $3,770 $7,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Ferrante

    Seller's Agent in 2022

    Michael Ferrante

    LPT Realty

    (216) 373-7727

    32 in this area

    1,390 Total Sales

    Michael Ferrante
    Section Image
  • Dion Cargill

    Buyer's Agent in 2022

    Dion Cargill

    Key Realty

    (330) 957-2513

    8 in this area

    25 Total Sales

    Dion Cargill
    Section Image
  • Kimberly Lewis

    Seller's Agent in 2021

    Kimberly Lewis

    Home Equity Realty Group

    (614) 404-4018

    3 in this area

    179 Total Sales

    Kimberly Lewis
    Section Image
  • Charles Lewis

    Seller Co-Listing Agent in 2021

    Charles Lewis

    Home Equity Realty Group

    (440) 539-4864

    88 Total Sales

    Charles Lewis
    Section Image
  • Phil Rogers

    Buyer's Agent in 2021

    Phil Rogers

    Russell Real Estate Services

    (216) 310-1753

    11 in this area

    193 Total Sales

    Phil Rogers
    Section Image
  • John Markley

    Seller's Agent in 2018

    John Markley

    Markley Realty, Inc.

    (330) 802-9966

    2 in this area

    115 Total Sales

    John Markley
    Section Image
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Map

Source: MLS Now

MLS Number: 4373533

MLS Now

APN: 68-36364

Ohio Summit County Akron 44320 West Akron

541 Madison Ave, Akron, OH

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