NOT LISTED FOR SALE

306 E Highland Ave Ravenna, OH 44266

Estimated Value: $102,504 - $134,000

4 Beds
2 Baths
1,551 Sq Ft
$76/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $110,000 $71 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $702/month

23 Days on Market

Highlights

  • Forced Air Heating System
  • The Academy at Nola Dunn Rated A-
  • Baseboard Heating

About This Home

As of July 2024

Great investment opportunity for someone looking to occupy one side and rent the other or investors looking to rent both sides. Back unit is a 3 bed, 1 bath. Two bedrooms are located on the second floor, one bedroom on the first floor along with full bath, kitchen and living room. Unit was getting $780/month when last rented ($80 was considered utility fee for water/sewer/grass/trash). This unit is both gas and electric tenant paid. Front unit is a one bed, one bath, kitchen and living room. This unit is currently rented on a month to month lease paying $560/month ($60 is considered utility fee for water/sewer/trash/lawn). This unit is all electric tenant paid. Driveways are located on both sides of the home to allow for plenty of parking. Both units were renovated in 2021, back unit furnace (21), roof/soffit/gutters/siding (24). Home is being sold "AS IS".

Last Agent to Sell the Property

Melissa Lupton

EXP Realty, LLC. Brokerage Email: melissaluptonrealtor@gmail.com 330-348-4635 License #2014004675 Listed on: 05/24/2024

EXP Realty, LLC.

Last Buyer's Agent

Heather Lutz Neal

Century 21 Goldfire Realty License #2025007767

Century 21 Goldfire Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1920

Lot Details

  • 2,579 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • Highland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-349-04-00-271-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,658

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1920
  • Attribution Contact: melissaluptonrealtor@gmail.com 330-348-4635
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Highland
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.0592
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Ravenna CSD - 6706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 31-349-04-00-271-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1658.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 16, 2024
Sold by
Aberdeen Property Management Llc
Bought by
Wild Forge Llc
Seller's Agent
Melissa Lupton
EXP Realty, LLC.
Buyer's Agent
Heather Lutz Neal
Century 21 Goldfire Realty
List Price
$105,000
Sold Price
$110,000
Premium/Discount to List
$5,000
4.76%
Views
38
Current Estimated Value
$118,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,626
Avg. Annual Appreciation
5.16%
Original Mortgage
$88,000
Outstanding Balance
$87,048
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$31,578

Purchase Details

Closed on
May 12, 2021
Sold by
Nagella Abraham J and Nagella Newrez
Bought by
Aberdeen Property Management Llc

Purchase Details

Closed on
Jul 28, 2005
Sold by
Dobrilovic Daniel P and Dobrilovic Debra S
Bought by
Nagella Abraham J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,520
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 12, 1999
Sold by
Bosko David L and Bosko Kimberly
Bought by
Dobrilovic Daniel P and Dobrilovic Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,850
Interest Rate
6.85%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Postlethwaite Paul J
Source: Public Records
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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
Wild Forge Llc $110,000 Infinity Title
Aberdeen Property Management Llc $44,500 Ohio Title Corp
Nagella Abraham J $71,900 Approved Statewide Title Age
Dobrilovic Daniel P $47,000 Approved Statewide Title Age
Postlethwaite Paul J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wild Forge Llc $88,000
Previous Owner Nagella Abraham J $57,520
Previous Owner Dobrilovic Daniel P $51,850
Closed Nagella Abraham J $14,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $110,000 +4.8% $71 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/16/2024 06/16/24 For Sale $105,000 0.0% $68 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $105,000 0.0% $68 / Sq Ft
02/01/2022 02/01/22 Rented $500 0.0% --
01/13/2022 01/13/22 Under Contract -- -- --
12/31/2021 12/31/21 For Rent $500 -- --
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 $974 $26,080 $2,910 $23,170
2023 $859 $18,840 $2,910 $15,930
2022 $859 $18,840 $2,910 $15,930
2021 $861 $18,840 $2,910 $15,930
2020 $1,163 $16,180 $2,910 $13,270
2019 $833 $16,180 $2,910 $13,270
2017 $952 $17,470 $3,330 $14,140
2016 $896 $17,470 $3,330 $14,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5041092

MLS Now

APN: 31-349-04-00-271-000