NOT LISTED FOR SALE

261 S Sycamore St Ravenna, OH 44266

Estimated Value: $106,344 - $139,000

7 Beds
4 Baths
2,166 Sq Ft
$56/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $90,000 $42 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $802/month

6 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • Laundry Facilities
  • Corner Lot
  • Baseboard Heating
  • West Facing Home

About This Home

As of December 2021

Want to supplement your income? This 4 unit is priced to sell! Updates include new electrical panel, furnace and some new windows.

Last Agent to Sell the Property

Theresa McCarter

Deleted Agent License #2014001849 Listed on: 11/26/2021

Deleted Agent

Last Buyer's Agent

Jennifer Dockery

RE/MAX Diversity Real Estate Group LLC License #2017001242

RE/MAX Diversity Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 1920

Lot Details

  • 5,489 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,166 Sq Ft Home
  • 2.5-Story Property
  • City Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 3136113000780

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,487

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: West
  • Price Per Square Foot: 41.55
  • Estimated Price per Sq Ft: 41.55
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.50
  • Total Sq Ft: 2166
  • Year Built: 1920
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector, Wall Oven
  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Common, Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2166.00
  • Sq Ft Approx Total Finished: 2166.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Fences: Partial, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: Shared
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Fee Information

  • Op Expenses: 573.00

Schools

  • School District: Ravenna CSD
  • School District: Ravenna CSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1260
  • Parcel Number: 3136113000780

Multi Family

  • Unit Count: 4
  • Gross Income: 1925.00
  • Net Income: 1352.00
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2023
Sold by
Bell Anthony
Bought by
Dependable Property Management Of Ohio Llc
Current Estimated Value
$120,336

Purchase Details

Listed on
Nov 26, 2021
Closed on
Dec 16, 2021
Sold by
Davidson Jeremy and Davidson Deanna
Bought by
Bell Anthony
Seller's Agent
Theresa McCarter
Deleted Agent
Buyer's Agent
Jennifer Dockery
RE/MAX Diversity Real Estate Group LLC
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Aug 3, 2005
Sold by
Bruno Elba R and Strouhal Adam
Bought by
Davidson Jeremy and Davidson Deanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2004
Sold by
Mcelroy David and Mcelroy Barbara J
Bought by
Bruno Elba R and Strouhal Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1990
Bought by
Mcelroy David K and Mcelroy Barbara
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dependable Property Management Of Ohio Llc -- None Listed On Document
Bell Anthony $90,000 Ohio Real Title
Davidson Jeremy $143,000 --
Bruno Elba R $125,000 Chicago Title Insurance Comp
Mcelroy David K $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davidson Jeremy $114,400
Previous Owner Bruno Elba R $112,500
Closed Davidson Jeremy $14,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $90,000 -9.1% $42 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $99,000 -- $46 / 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
2024 $1,580 $42,320 $4,620 $37,700
2023 $1,540 $33,780 $4,620 $29,160
2022 $1,541 $33,780 $4,620 $29,160
2021 $1,543 $33,780 $4,620 $29,160
2020 $1,487 $28,910 $4,620 $24,290
2019 $1,489 $28,910 $4,620 $24,290
2018 $1,484 $27,240 $5,290 $21,950
2017 $1,484 $27,240 $5,290 $21,950
2016 $1,397 $27,240 $5,290 $21,950
2015 $1,420 $27,240 $5,290 $21,950
2014 $1,525 $29,720 $5,880 $23,840
2013 $1,515 $29,720 $5,880 $23,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4334619

MLS Now

APN: 31-361-13-00-078-000