NOT LISTED FOR SALE

1405 Ritchie Rd Stow, OH 44224

Estimated Value: $295,000 - $381,000

5 Beds
2 Baths
2,066 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $162,500 $79 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,204/month

69 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • 1.94 Acre Lot
  • 2 Car Detached Garage
  • West Facing Home

About This Home

As of July 2016

Superbly maintained brick twinplex with 3 bedroom unit on one side and 2 bedroom unit on the other. Spacious living room, hardwood floors, kitchen with appliances. Plenty of closet space and full basement under each unit. Front Porch and Back Porch. Sits on a country sized 2 acre wooded lot. Two car aluminum sided garage and shed on property. Windows, insulation and 6 inch gutters all in 2009. Central air installed in 2008. Roof is 11 years old. Dehumidifier in basement stays. Radon mitigation system installed in 2012 Refinished hardwood floors and fresh paint in three bedroom unit. Fresh paint and new flooring n the two bedroom side. Tenants are on month to month lease. Large unit rents for $725. and smaller unit rents for $625. Great rental history. Show with notice. Also great for the investor who wants a well maintained property, nothing to do and established tenants.

Last Agent to Sell the Property

Leland Menke

Deleted Agent License #360581 Listed on: 05/09/2016

Last Buyer's Agent

Leland Menke

Deleted Agent License #360581 Listed on: 05/09/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1967

Lot Details

  • 1.94 Acre Lot
  • West Facing Home
  • Unpaved Streets
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,066 Sq Ft Home
  • 1-Story Property
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 5608964

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,070

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 78.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2066
  • Year Built: 1967
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1967

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Wall Oven, Range, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Living Area Sq Ft: 2066
  • Estimated Total Living Area: 2066
  • Estimated Sq Ft: 2066

Exterior Features

  • View: Wooded
  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

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

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.9400
  • Parcel Number: 5608964

Rental Info

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

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 3070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 25, 2016
Sold by
Menke Maria T and Cardenas Maria T
Bought by
Bowman Timothy G and Bowman Patricia A
Seller's Agent
Leland Menke
Deleted Agent
Buyer's Agent
Leland Menke
Deleted Agent
List Price
$175,000
Sold Price
$162,500
Premium/Discount to List
-$12,500
-7.14%
Current Estimated Value
$339,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,798
Avg. Annual Appreciation
8.35%
Original Mortgage
$60,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 6, 2012
Closed on
Sep 28, 2012
Sold by
Menke Leland H
Bought by
Cardenas Maria T
Seller's Agent
Leland Menke
Deleted Agent
Buyer's Agent
Alasandra Whitley
RE/MAX Crossroads Properties
List Price
$157,500
Sold Price
$154,000
Premium/Discount to List
-$3,500
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.42%
Original Mortgage
$151,210
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2007
Sold by
Wolfe Alvin C
Bought by
Menke Leland H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Estate Of Virginia M Wolfe
Bought by
Wolfe Alvin C
Source: Public Records

Range of Values:

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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
Bowman Timothy G $162,500 Village Title
Cardenas Maria T $154,000 None Available
Menke Leland H $150,500 Diamond Title Co
Wolfe Alvin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardenas Maria T $151,210
Previous Owner Menke Leland H $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $162,500 -7.1% $79 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $175,000 +13.6% $85 / Sq Ft
09/28/2012 09/28/12 Sold $154,000 -2.2% $75 / Sq Ft
08/12/2012 08/12/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $157,500 -- $76 / 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 $4,855 $94,647 $17,402 $77,245
2024 $4,855 $94,647 $17,402 $77,245
2023 $4,855 $94,647 $17,402 $77,245
2022 $4,195 $73,822 $13,489 $60,333
2021 $3,760 $73,822 $13,489 $60,333
2020 $3,696 $73,820 $13,490 $60,330
2019 $2,298 $45,960 $13,160 $32,800
2018 $2,262 $45,960 $13,160 $32,800
2017 $2,689 $45,960 $13,160 $32,800
2016 $2,741 $42,900 $13,160 $29,740
2015 $2,689 $42,900 $13,160 $29,740
2014 $2,691 $42,900 $13,160 $29,740
2013 $2,624 $42,070 $13,160 $28,910
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Leland Menke

    Deleted Agent

  • Alasandra Whitley

    Buyer's Agent in 2012

    Alasandra Whitley

    RE/MAX Crossroads

    (330) 808-4680

    84 Total Sales

    Alasandra Whitley
    Section Image
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Map

Source: MLS Now

MLS Number: 3806215

MLS Now

APN: 56-08964

Ohio Summit County Stow 44224

1405 Ritchie Rd, Stow, OH

This home is located at 1405 Ritchie Rd, Stow, OH 44224 since 09 May 2016 and is currently estimated at $339,298, approximately $164 per square foot. This property was built in 1967. 1405 Ritchie Rd is a home located in Summit County with nearby schools including Stow-Munroe Falls High School, Primrose School of Hudson, and Holy Family Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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