375 Sumatra Ave Akron, OH 44305

3 beds · 1 bath · 1,276 sq ft · Lot Size: 6,500 sq ft · Single Family Home · Goodyear Heights
Est. Property Value: $127,171

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

375 Sumatra Ave is in the Goodyear Heights neighborhood of Akron, OH. It is located in Summit County and ZIP code 44305. This Single Family Home was built in 1922 and is approximately 103 years old. The single family home spans 1276 sq ft with 3 bedrooms and 1 bathroom and sits on a 6500 sq ft lot. According to public records, it was last sold in 2020 for $75,000 and has a tax-assessed value of $93,660, which is $100 per sq ft. The Goodyear Heights area of Akron has 3394 residential homes with an average size of 1168 sq ft. Analyze and compare real estate investment strategies for properties like this home at 375 Sumatra Ave Akron, OH 44305 with Property Intel by Whitepages.

375 Sumatra Ave

Akron, OH 44305

Neighborhood

Owners & Occupancy for 375 Sumatra Ave

No contact information is available.

Occupancy

Resident 1***********
Resident 2***************
Resident 3****************

Property Financials for 375 Sumatra Ave

375 Sumatra Ave, Akron, OH has a mortgage from Primelending (orig. January 16, 2020). The Summit county assessment for 2023 values it at $93,660, with annual taxes of $1,777.

Mortgage & Equity Information

Loan Amount$*****
LenderPrimelending
Origination DateJanuary 16, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateJanuary 16, 2020
Property Tax Amount$1,777 in 2023
Purchase Price$75,000
Assessed Value$93,660 on 2023

Investment Potential for 375 Sumatra Ave

The property has a current estimated value of $127,171, which is 6% above the neighborhood median, based on public records. It last sold on January 16, 2020 for $75K. Projected long-term
is $14,400 annually ($1,200 per month) with a 90% occupancy rate.

Discover more Single Family Homes in Goodyear Heights.

Long-Term

Gross Rental
$14,400 per year($1,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 44305 zip code
 
View Rental Potential

Property Details for 375 Sumatra Ave

Property Details

Property Sq Ft

Living Area

1,276 sq ft

9% above market

Lot Size

6,500 sq ft

5% above market

Price Per Sq Ft

Living Area

$100 / sq ft

2% below market

Lot Size Area

$20 / sq ft

3% above market

Property condition, age, exterior, etc. for 375 Sumatr…
Longitude: -81.458753 Latitude: 41.072424 Parcel Number (APN): 67-37054…

Recommended Properties in Goodyear Heights

Discover more single family homes near 375 Sumatra Ave in Akron, Ohio. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 375 Sumatra Ave in Summit County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$127,171
$205,751
-$78,579 (-38%)
$315,938
-$48,346 (-15%)
YoY Price Change
3.15%
-319%
Year Built
1922
1962
-40 years
Living Space
1,276 sq ft
1,501 sq ft
-225 (-15%)
$ Per Living Sq Ft
$100
$138
-$39 (-28%)
Lot Size
6,500 sq ft
11,282 sq ft
-4782 (-42%)
$ Per Lot Sq Ft
$20
$17
$3 (17%)

Net Operating Income
$15,247
-$5,481 (-36%)
Annual Revenue
$14,400
$22,800
-$8,400 (-37%)
$7,113
-$2,479 (-35%)
Net Operating Income
$15,247
-$5,481 (-36%)
Cap Rate
7.33%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Find More Housing Markets Near Akron

Nearby Cities

Nearby Neighborhoods