NOT LISTED FOR SALE

940 Penn Ave Akron, OH 44311

Summit Lake Neighborhood

Estimated Value: $61,000 - $84,000

4 Beds
1 Bath
1,320 Sq Ft
$57/Sq Ft Est. Value

About This Home

This home is located at 940 Penn Ave, Akron, OH 44311 and is currently estimated at $75,333, approximately $57 per square foot. 940 Penn Ave is a home located in Summit County with nearby schools including North High School and St. Bernard-St. Mary Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Molina Properties Llc
Bought by
Clara St Llc
Current Estimated Value
$75,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Outstanding Balance
$327,440
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$252,107

Purchase Details

Closed on
May 15, 2023
Sold by
Molina Properties Llc
Bought by
Clara St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Outstanding Balance
$327,440
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$252,107

Purchase Details

Closed on
Nov 12, 2007
Sold by
Property Opportunity Llc
Bought by
Molina Properties Llc

Purchase Details

Closed on
Nov 2, 2007
Sold by
Fannie Mae
Bought by
Property Opportunity Llc

Purchase Details

Closed on
May 24, 2007
Sold by
Spencer Joseph
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 31, 2001
Sold by
Harvey Timothy S
Bought by
Spencer Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,500
Interest Rate
7.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 2, 2000
Sold by
Dozier Clinton E
Bought by
Harvey Timothy S

Purchase Details

Closed on
Dec 7, 1998
Sold by
Autrey Geneva and Thompson Theodore
Bought by
Dozier Clinton E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
12.25%
Source: Public Records

Range of Values:

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

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Quantarium

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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
Clara St Llc $329,500 None Listed On Document
Clara St Llc $329,500 None Listed On Document
Molina Properties Llc -- Title Max
Property Opportunity Llc $711,700 Beacon Title Agency Inc
Federal National Mortgage Association $32,000 None Available
Spencer Joseph E $41,500 Cardinal First Title Inc
Spencer Joseph $41,500 Cardinal First Title Inc
Harvey Timothy S $20,000 Midland Commerce Group
Dozier Clinton E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clara St Llc $337,000
Closed Clara St Llc $337,000
Previous Owner Spencer Joseph $41,500
Previous Owner Spencer Joseph E $49,300
Previous Owner Dozier Clinton E $30,000
Closed Dozier Clinton E $10,000
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
2025 $940 $12,422 $3,962 $8,460
2024 $895 $12,422 $3,962 $8,460
2023 $940 $12,422 $3,962 $8,460
2022 $564 $7,308 $2,331 $4,977
2021 $565 $7,308 $2,331 $4,977
2020 $557 $7,310 $2,330 $4,980
2019 $573 $6,850 $2,800 $4,050
2018 $566 $6,850 $2,800 $4,050
2017 $581 $6,850 $2,800 $4,050
2016 $582 $6,960 $2,800 $4,160
2015 $581 $6,960 $2,800 $4,160
2014 $577 $6,960 $2,800 $4,160
2013 $696 $8,790 $2,800 $5,990
Source: Public Records

Map

Ohio Summit County Akron 44311 Summit Lake

940 Penn Ave, Akron, OH

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