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Contingent
  • Price cut: $9.1K (11/3)
    $119,900

    525 Reed Ave, Akron, OH 44301

    4beds
    1,734sqft
    : 
    $953/mo
    Get pre-qualified
    Single Family Residence
    Built in 1928
    7,553 Square Feet Lot
    $-- Zestimate®
    $69/sqft
    $-- HOA

    What's special

    Large corner lotTwo separate entrances
    Homeowners looking to create your own vision? or excellent Investor Opportunity in Firestone Park! Spacious 4-bedroom, 2-bath home offering 1,472 sq. ft. plus an additional 262 finished sq. ft. in the basement. This property presents an excellent opportunity to add value without taking on a major structural renovation. Most of the work needed consists of cosmetic updates, along with minor repairs such as finishing some drywall, updating bathroom fixtures, and potentially completing a partial kitchen remodel to maximize the home's appeal. The home currently features laminate flooring throughout much of the living space, which can be removed quickly and cost-effectively, allowing buyers to move efficiently into their preferred flooring installation with minimal demolition, labor, and disposal costs. Several major improvements have already been completed, including a furnace installed in 2021, central air conditioning less than 5 years old, and a roof estimated to be less than 10 years old, helping reduce upfront renovation expenses. Situated on a large corner lot in desirable Firestone Park, the location offers convenient access to I-77, shopping, dining, and everyday conveniences. Nearby amenities include Garfield Community Learning Center, Voris Community Learning Center, Firestone Park Library, grocery stores, and shopping plazas with restaurants, making this an attractive location for future homeowners and tenants alike. Adding to its investment appeal, the home was previously utilized as a multi-family property and features two separate entrances, creating potential opportunities for future income-producing use, multi-generational living, or a possible duplex conversion (buyer to verify zoning and permitted uses). Ideal for investors, flippers, landlords, or owner-occupants looking to build equity and add value. Bring your vision and unlock the potential this property has to offer!
    15 days
    550
    47

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Tomasek 330-809-9874 BryanTomasekRealtor@gmail.com,

    RE/MAX Edge Realty

    Source: MLS Now,MLS#: 5255815MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Heating
      • Gas
      Cooling
      • Central Air
      Appliances
      • Laundry: In Basement
      Features
      • Jetted Tub
      • Basement: Partially Finished,Walk-Up Access
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,734
      • Total interior livable area: 1,734 sqft
      • Finished area above ground: 1,472
      • Finished area below ground: 262
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage
      • Garage spaces: 2
      Features
      • Levels: One and One Half
      • Patio & porch: Deck
      Lot
      • Size: 7,553 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 6841022

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      • Roof: Asphalt
      Condition
      • Fixer
      • Year built: 1928

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Firestone Park
      HOA
      • Has HOA: No
      Location
      • Region: Akron

      Financial & listing details

      • Price per square foot: $69/sqft
      • Tax assessed value: $111,180
      • Annual tax amount: $2,003
      • Date on market: 10/24/2026
      • Cumulative days on market: 16 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/3/2026Price change$119,900-7.1%$69/sqft
        Source: MLS Now #5255815 Report a problem
        10/24/2026Listed for sale$129,000+69.7%$74/sqft
        Source: MLS Now #5255815 Report a problem
        12/17/2021Sold$76,000-4.4%$44/sqft
        Source: MLS Now #4322911 Report a problem
        11/30/2021Pending sale$79,500$46/sqft
        Source: RE/MAX International #4326954 Report a problem
        11/30/2021Contingent$79,500$46/sqft
        Source: MLS Now #4322911 Report a problem
        11/11/2021Price change$79,500-6.4%$46/sqft
        Source: MLS Now #4322911 Report a problem
        10/5/2021Price change$84,900-5.6%$49/sqft
        Source: MLS Now #4322911 Report a problem
        7/23/2021Listed for sale$89,900$52/sqft
        Source: MLS Now #4301119 Report a problem
        7/1/2021Listing removed--
        Source: RE/MAX International Report a problem
        3/18/2021Pending sale$89,900$52/sqft
        Source: MLS Now #4244066 Report a problem
        2/3/2021Price change$89,900-5.3%$52/sqft
        Source: MLS Now #4244066 Report a problem
        12/9/2020Listed for sale$94,900$55/sqft
        Source: RE/MAX Crossroads Properties #4244066 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,004 -3.6%$38,910
        2024$2,080 +19.8%$38,910
        2023$1,736 +12.3%$38,910 +33.2%
        2022$1,546 -28.7%$29,204
        2021$2,169 $29,204
        2020-- $29,204 +23.3%
        2019$1,933 +1.2%$23,682 +0%
        2018$1,909 -1.5%$23,680
        2017$1,938 $23,680
        2016$1,938 $23,680
        2015$1,938 +0.7%$23,680
        2014$1,923 -9%$23,680 -11.9%
        2013$2,114 +1.5%$26,890
        2012$2,083 +22.5%$26,890 0%
        2011$1,701 -5.5%$26,895 -10%
        2010$1,800 $29,869
        2009-- $29,869
        2008$1,938 +7.5%$29,869 +2.1%
        2007$1,804 -6.8%$29,246 -8.2%
        2006$1,935 +18.5%$31,875
        2005$1,633 $31,875 +7.8%
        2004-- $29,568
        2003$1,532 -0.7%$29,568
        2002$1,543 -9%$29,568 +0%
        2001$1,695 +16.2%$29,561
        2000$1,458 $29,561
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Firestone Park

        Getting around

        53 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Akron CSD - 7701

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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