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514 Somerset Rd; Akron, OH Property Details

514 Somerset Rd, Akron, OH is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 514 Somerset Rd has 3 bedrooms, and 4 bathrooms, and a total of 2,233 square feet. The lot size of 514 Somerset Rd is 15,100 square feet.

Off market
514 Somerset Rd Akron, OH 44313
$307,000 Listing Price
3 Beds
4 Baths
2,233 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1978
  • Purchase Price: $307,000
  • Open Loans / Balance: 2 / $281,822
  • Est. Equity / %: $96,178 / 25.44%
  • Gross Yield: 13.971%
  • APN: 68-09241
  • Situs County: Summit
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 2

Structure

  • Stories: 1
  • Building Condition: Average
  • Porch Type: Open
  • Deck: true

Measurements

  • Total: 2,233/SqFt
  • Lot: 15,100/SqFt
  • Gross: 3,430/SqFt
  • Garage: 576/SqFt
  • Living: 3,030/SqFt
  • Basement: 1,197/SqFt
  • Building: 3,430/SqFt
  • Ground: 1,833/SqFt
  • Price Per Square Foot: $137.48

Legal Description

  • Description: FAIRLAWN HTS SECT F LOT 211 ALL
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Akron City School District
  • Lat / Lon: 41.10879 / -81.60015
  • Subdivision: Fairlawn Hts Sect F
  • Property Class: Residential
  • County Use Code: 510

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 4599
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

514 Somerset Rd has no associated ownership info
514 Somerset Rd has no associated ownership info.

Taxes

514 Somerset Rd has 10 associated Taxes items

514 Somerset Rd, Akron, OH pays taxes in Summit County, OH. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $132,819. The APN we've located for 514 Somerset Rd is 68-09241.

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Taxes
  • Assessed Value:  $132,819
  • Assessed Year:  2026
  • Assessed County:  Summit
  • APN:  68-09241
  • Assessed Land Value:  22096
  • Market Land Value:  63130
  • Tax Amount:  13534.52
  • Tax Year:  2025
  • Market Value:  379480
  • Market Year:  2026

Tax History

514 Somerset Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $132,819 Land Value $22,096 Improvement Value $110,723 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $13,534.52 Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $115,637 Land Value $19,681 Improvement Value $95,956 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,252.7 Change Rate +0.026881% Assessed CR Tax Rate
Year 2022 Assessed Value $89,398 Land Value $15,026 Improvement Value $74,372 Tax Amount $6,089.02 Change Rate +0.118746% Assessed CR Tax Rate +0.068111%
Year 2021 Assessed Value $89,398 Land Value $15,026 Improvement Value $74,372 Tax Amount $5,442.72 Change Rate +0.008662% Assessed CR Tax Rate +0.060882%
Year 2020 Assessed Value $89,400 Land Value $15,030 Improvement Value $74,370 Tax Amount $5,395.98 Change Rate +0.059471% Assessed CR Tax Rate +0.060358%
Year 2019 Assessed Value $81,350 Land Value $12,460 Improvement Value $68,890 Tax Amount $5,093.09 Change Rate -0.043451% Assessed CR Tax Rate +0.062607%
Year 2018 Assessed Value $81,350 Land Value $12,460 Improvement Value $68,890 Tax Amount $5,324.44 Change Rate +0.111528% Assessed CR Tax Rate +0.065451%
Year 2017 Assessed Value $81,350 Land Value $12,460 Improvement Value $68,890 Tax Amount $4,790.2 Change Rate Assessed CR Tax Rate +0.058884%
Year 2016 Assessed Value $72,610 Land Value $12,460 Improvement Value $60,150 Tax Amount $4,790.2 Change Rate Assessed CR Tax Rate +0.065972%
Year 2015 Assessed Value $72,610 Land Value $12,460 Improvement Value $60,150 Tax Amount $4,790.2 Change Rate +0.007979% Assessed CR Tax Rate +0.065972%
Year 2014 Assessed Value $72,610 Land Value $12,460 Improvement Value $60,150 Tax Amount $4,752.28 Change Rate -0.019748% Assessed CR Tax Rate +0.065449%
Year 2013 Assessed Value $75,390 Land Value $12,460 Improvement Value $62,930 Tax Amount $4,848.02 Change Rate Assessed CR Tax Rate +0.064306%