NOT LISTED FOR SALE

3946 Summit St Ravenna, OH 44266

Estimated Value: $194,000 - $227,000

2 Beds
1 Bath
1,716 Sq Ft
$126/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $107,000 $62 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,312/month

63 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of October 2012

Great investment opportunity or wonderful owner occupied. This can be sold individually or as a package deal w/3932-3934 Summit & 3954-3956 Summit. The are 2 bed, 1 bath, side by side, 1 car attached garage, & partial basement. This unit has free gas while the supply last and a wonderful out building(approx 30 x 40) for extra storage or turn it into a storage rental. Great location for Kent State or NEOCOM.

Last Agent to Sell the Property

Ken Parshall

Deleted Agent License #2006000330 Listed on: 07/16/2012

Last Buyer's Agent

Ken Parshall

Deleted Agent License #2006000330 Listed on: 07/16/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1974

Lot Details

  • 0.57 Acre Lot
  • Unpaved Streets

Parking

  • 2 Car Direct Access Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Kitchen

  • Built-In Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Coia Community

Listing and Financial Details

  • Assessor Parcel Number 293630000051000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,312

Year Built

Built in 1974

Lot Details

0.57 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 62.35
  • Num Of Stories: 1.00
  • Total Sq Ft: 1716
  • Year Built: 1974
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances Equipment: Garbage Disposal, Wall Oven, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Partial
  • Living Area Sq Ft: 1716
  • Estimated Total Living Area: 1716
  • Estimated Sq Ft: 1716

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Access from Unit, Attached, Unit Garage
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Coia

Schools

  • School District: Ravenna CSD

Lot Info

  • Lot Size Area Sq Ft: 25047.0000
  • Lot Size Units: Acres
  • Price Per Acre: 186086.96
  • Acres: 0.5750
  • Parcel Number: 293630000051000

Multi Family

  • Unit Count: 1
  • Gross Income: 144000.00
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 2312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 29, 2012
Sold by
Lewis Kenneth A and Lewis Diane R
Bought by
Quatro Novus Llc
Seller's Agent
Ken Parshall
Deleted Agent
Buyer's Agent
Ken Parshall
Deleted Agent
List Price
$128,500
Sold Price
$107,000
Premium/Discount to List
-$21,500
-16.73%
Current Estimated Value
$216,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,203
Avg. Annual Appreciation
5.41%
Original Mortgage
$185,000
Outstanding Balance
$128,562
Interest Rate
3.51%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$87,641

Purchase Details

Closed on
Jan 1, 1990
Bought by
Gatts Dewey and Gatts Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Quatro Novus Llc $310,000 Diamond Title Co
Gatts Dewey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quatro Novus Llc $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $107,000 -16.7% $62 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $128,500 -- $75 / Sq Ft
Source: MLS Now

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 $2,408 $50,930 $11,480 $39,450
2023 $2,973 $43,580 $12,320 $31,260
2022 $2,374 $43,580 $12,320 $31,260
2021 $2,343 $43,580 $12,320 $31,260
2020 $2,252 $36,930 $12,320 $24,610
2019 $2,195 $36,930 $12,320 $24,610
2018 $2,235 $38,360 $12,320 $26,040
2017 $2,797 $38,360 $12,320 $26,040
2016 $2,218 $38,360 $12,320 $26,040
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Ken Parshall

    Deleted Agent

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Map

Source: MLS Now

MLS Number: 3336129

MLS Now

APN: 29-363-00-00-051-000

Ohio Portage County Ravenna 44266

3946 Summit St, Ravenna, OH

Not Listed for Sale

MultiFamily

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