NOT LISTED FOR SALE

550 Palisades Dr Akron, OH 44303

Merriman Hills Neighborhood

Estimated Value: $249,000 - $276,000

3 Beds
2 Baths
1,629 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $210,000 $129 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,717/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 2 Fireplaces

About This Home

As of November 2022

Well kept Three bedroom cape on a wonderful street. The house features a new roof in 2020 and a new electric panel in 2021. The kitchen has granite countertops and updated cabinets. The windows, doors, and gutters were updated in the last 10 years. Insulation in the attic was added in the last 10 years. There is a updated bathroom in the upstairs. The upstairs has 544 square feet and is not included in the actual square footage on realist.

Last Agent to Sell the Property

GARY DEREMER

Carriage Group Realty License #422094 Listed on: 08/05/2022

Last Buyer's Agent

Melissa McGlone Farone, Broker

Farone Realty LLC License #2011001331

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 1951

Lot Details

  • 9,300 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1.5-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

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

Community Details

  • Merriman Hills Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 6825060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,821

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 199.24
  • Estimated Price per Sq Ft: 199.24
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1054
  • Year Built: 1951
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Fireplaces: 2
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1054.00
  • Sq Ft Approx Below Grade Finished: 575.00
  • Sq Ft Approx Total Finished: 1629.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Merriman Hills Allotment

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2135
  • Parcel Number: 6825060
  • LandLeaseYN: No

Tax Info

  • Tax: 3821

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Nagy Candice M
Bought by
Sharma Madhu N
Current Estimated Value
$259,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Outstanding Balance
$191,986
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$59,374

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 16, 2017
Sold by
Brown Jeffrey V
Bought by
Nagy Candice M
Seller's Agent
Nancy Lorenzo
Keller Williams Chervenic Rlty
Buyer's Agent
GARY DEREMER
Carriage Group Realty
List Price
$175,000
Sold Price
$167,000
Premium/Discount to List
-$8,000
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$129,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2009
Sold by
Damore Deborah R
Bought by
Brown Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2007
Sold by
Yeager Derek C and Yeager Kelly S
Bought by
Damore Deborah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,720
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2000
Sold by
Johnson Christopher K and Johnson Mariaterese
Bought by
Yeager Derek C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,500
Interest Rate
8.16%
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
Sharma Madhu N $210,000 --
Nagy Candice M $167,000 Village Title Ag
Brown Jeffrey $138,000 Chicago Title Insurance Co
Damore Deborah R $125,900 Attorney
Yeager Derek C $124,500 Midland Commerce Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Madhu N $199,500
Previous Owner Nagy Candice M $129,600
Previous Owner Nagy Candice M $129,600
Previous Owner Brown Jeffrey $131,167
Previous Owner Brown Jeffrey $135,500
Previous Owner Damore Deborah R $36,000
Previous Owner Damore Deborah R $100,720
Previous Owner Yeager Derek C $102,000
Previous Owner Yeager Derek C $102,600
Previous Owner Yeager Derek C $109,000
Previous Owner Yeager Derek C $114,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $210,000 -2.3% $129 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $214,900 +28.7% $132 / Sq Ft
06/16/2017 06/16/17 Sold $167,000 -4.6% $103 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $175,000 -- $107 / 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 $4,032 $76,213 $16,258 $59,955
2024 $4,032 $76,213 $16,258 $59,955
2023 $4,032 $76,213 $16,258 $59,955
2022 $3,876 $57,527 $12,317 $45,210
2021 $3,880 $57,527 $12,317 $45,210
2020 $3,821 $57,530 $12,320 $45,210
2019 $3,194 $43,380 $9,770 $33,610
2018 $3,151 $43,380 $9,770 $33,610
2017 $3,202 $43,380 $9,770 $33,610
2016 $3,204 $43,380 $9,770 $33,610
2015 $3,202 $43,380 $9,770 $33,610
2014 $3,176 $43,380 $9,770 $33,610
2013 $2,991 $41,630 $9,770 $31,860
Source: Public Records

Agents Affiliated with this Home

  • GARY DEREMER

    Seller's Agent in 2022

    GARY DEREMER

    Carriage Group Realty

    (330) 819-9137

    1 in this area

    44 Total Sales

    GARY DEREMER
    Section Image
  • Nancy Lorenzo

    Seller's Agent in 2017

    Nancy Lorenzo

    Keller Williams Chervenic Rlty

    (330) 730-9938

    26 Total Sales

    Nancy Lorenzo
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4398682

MLS Now

APN: 68-25060

Ohio Summit County Akron 44303 Merriman Hills

550 Palisades Dr, Akron, OH

This home is located at 550 Palisades Dr, Akron, OH 44303 since 05 August 2022 and is currently estimated at $259,181, approximately $159 per square foot. This property was built in 1951. 550 Palisades Dr 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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