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512 Sumner St, Akron, OH, 44304

$123,900

Home List Price

$1,471*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,622 SqFt
$76/SqFt
House

Location

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512 Sumner St, Akron$123,900

Buyer Closing Credits

$1,471*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage1 space
Year Built1909
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s)
BasementYes
ViewNone
MLS #5085037
Lot Size0.10 Acres
StatusActive

About 512 Sumner St

Charming Investment Property Near Akron University This 4-bedroom home, just minutes from the University of Akron, is a fantastic opportunity for investors or anyone looking for rental income. The dining room has been converted into a fourth bedroom, optimizing rental potential. Currently, two tenants are in place on month-to-month leases, paying $375 and $400. The property has potential to generate $1,600 per month in rental income. Key updates include: Updated electric in the basement, New furnace installed in 2021, Roof believed to be 7 years old, Front porch redone in 2020. Appliances are included, making this a turnkey investment. Don't miss this chance to own a well-maintained property.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1909
  • Stories: 2
  • Living Area: 1,622 SqFt

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (216) 224-6072
  • Listing Agent: Shaun R Knapp

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: None, Porch Front

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Akron U, south on Brown St, west on Wheeler St, South on Sumner, home faces East.

Price Information

Listing Price Info

Price Summary:

  • List Price: $123,900
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $1,445
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Akron, OH.

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Akron, OH

City

Med. Sold Price

$140.7K

Med. Price/SqFt

$106

Avg. Days On Market

35

# of Sold Homes

236

512 Sumner St vs Akron

2 DAYS ON ROCKET

-33 Days

$123,900

-$16.8K Less

$76/SqFt

-$30 Less

KEY TAKEAWAY

This property is $16.8K less than the Median Sold Price and $30/SqFt less than other homes in Akron, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5085037

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (216) 224-6072
  • Listing Agent: Shaun R Knapp

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 25, 2019Home Sold
$47,500
Oct 03, 2014Home Sold
$50,000
Jul 30, 2012Home Sold
$23,800
Aug 06, 2001Home Sold
$42,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,445$21,130
2019$1,444$17,319
2018$1,327$17,319
2017$1,327$17,319

History based on county public records data.

Payment Calculator

$686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$438

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-493757
3
/10

  • Leggett Community Learning Center

  • 333 E Thornton St

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-493758
3
/10

  • Mason Community Learning Center

  • 700 E Exchange St

  • 0.89 miles

  • Public District Grades PK-6

school-card-donut-493759
4
/10

  • The Edge Academy

  • 92 N Union St

  • 1.08 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,158. Typical income of Akron, OH residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 512 Sumner St

What is the listing price of this property?

The listing price of 512 Sumner St property is $123,900.

What type of property is this?

The property 512 Sumner St is a house located in Akron, Ohio, 44304.

Is this property for sale now?

Active Listing: 512 Sumner St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,445 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 25, 2019 for $47,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 512 Sumner St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 512 Sumner St is 1,622 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 512 Sumner St is 1909.

Rocket Homes›Ohio›Summit County›Akron›44304›512 Sumner St

This home is located at 512 Sumner St in Akron, OH and zip code 44304 in the University of Akron neighborhood. This 1,622 square foot home, which was built in 1909, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $123,900.

In October 2024 more than 66 listings in Akron, OH were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 128 were sold below. In October 2024 in Akron, OH there were 11.5% more homes for sale than in September 2024. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $140,707.

From Rocket Homes Real Estate and based on county public records data.

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