NOT LISTED FOR SALE

1199 1201 Ritchie Rd Stow, OH 44224

Estimated Value: $256,000 - $325,665

8 Beds
8 Baths
3,760 Sq Ft
$78/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $480,000 $128 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $1,836/month

12 Days on Market

Highlights

  • 1.45 Acre Lot
  • Baseboard Heating
  • 1-Story Property
  • 4 Car Attached Garage

About This Home

As of August 2022

Ranch rental units (2 duplexes) ideal for owner occupant or investor located in Stow on 1.45 acres (2 parcels)- 2nd parcel is 1195-1197 Ritchie* Both parcels to be sold together due to configuration of driveway* 1 of the 4 units is vacant allowing for possible owner occupant-just vacated July,2022* Each unit offers 2 bedrooms, applianced kitchen w/pantry, 1.5 bathrooms, 940 sq.ft., 1st floor laundry & 1 car attached garage* Built 1996, well maintained and excellant rental history (20 year and 11 year tenants)* Quiet setting with ample parking* Great investment opportunity!

Last Agent to Sell the Property

Linda Hartong

EXP Realty, LLC. License #196121 Listed on: 08/01/2022

EXP Realty, LLC.

Last Buyer's Agent

Susan Warren

Keller Williams Chervenic Rlty License #449205

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,383

Year Built

  • Built in 1996

Lot Details

  • 1.45 Acre Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,760 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Radiant Heating System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating, sewer, trash collection, water
  • Assessor Parcel Number 5616489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,383

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 127.66
  • Estimated Price per Sq Ft: 127.66
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 3760
  • Year Built: 1996
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Basement Detail: Slab
  • Laundry: 4
  • Sq Ft Approx Above Grade Finished: 3760.00
  • Sq Ft Approx Total Finished: 3760.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Electric, Water Available
  • Garage Num Of Cars: 4

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Radiant
  • Water/Sewer: Public Water, Public Sewer

Fee Information

  • Op Expenses: 2300.00

Schools

  • School District: Stow-Munroe Falls CS
  • School District: Stow-Munroe Falls CS

Lot Info

  • Additional Assessor Parcel Number 1: 5616490
  • Lot Size Units: Acres
  • Acres: 1.4500
  • Parcel Number: 5616489

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Heating, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 7383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Aug 31, 2022
Sold by
Belzak Mary Lou
Bought by
Lehmkuhl Leslie Ann and Whittington Anita J
Seller's Agent
Linda Hartong
EXP Realty, LLC.
Buyer's Agent
Susan Warren
Keller Williams Chervenic Rlty
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Views
16
Current Estimated Value
$291,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,584
Avg. Annual Appreciation
-14.91%

Purchase Details

Closed on
Oct 9, 1996
Sold by
Krummel David
Bought by
Sabatino Charles and Sabatino Sara
Source: Public Records

Range of Values:

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Average Value
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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
Lehmkuhl Leslie Ann $480,000 American Title
Sabatino Charles $134,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $480,000 -4.0% $128 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $499,900 -- $133 / Sq Ft
Source: MLS Now

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 $10,244 $81,494 $13,111 $68,383
2024 $5,126 $81,494 $13,111 $68,383
2023 $10,244 $81,494 $13,111 $68,383
2022 $4,136 $63,175 $10,164 $53,011
2021 $3,714 $63,175 $10,164 $53,011
2020 $3,652 $63,170 $10,160 $53,010
2019 $3,991 $64,640 $9,910 $54,730
2018 $3,928 $64,640 $9,910 $54,730
2017 $3,705 $64,640 $9,910 $54,730
2016 $3,810 $59,170 $9,910 $49,260
2015 $3,705 $59,170 $9,910 $49,260
2014 $3,708 $59,170 $9,910 $49,260
2013 $3,605 $57,870 $9,910 $47,960
Source: Public Records

Agents Affiliated with this Home

  • Linda Hartong

    Seller's Agent in 2022

    Linda Hartong

    EXP Realty, LLC.

    (330) 802-7788

    2 in this area

    47 Total Sales

    Linda Hartong
    Section Image
  • Susan Warren

    Buyer's Agent in 2022

    Susan Warren

    Keller Williams Chervenic Rlty

    (330) 903-4822

    89 in this area

    282 Total Sales

    Susan Warren
    Section Image
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Map

Source: MLS Now

MLS Number: 4396836

MLS Now

APN: 56-16489

Ohio Summit County Stow 44224

1199 1201 Ritchie Rd, Stow, OH

This home is located at 1199 1201 Ritchie Rd, Stow, OH 44224 since 01 August 2022 and is currently estimated at $291,416, approximately $77 per square foot. This property was built in 1996. 1199 1201 Ritchie Rd is a home located in Summit County with nearby schools including Stow-Munroe Falls High School, Primrose School of Hudson, and Cuyahoga Valley Christian Academy.

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