NOT LISTED FOR SALE

5101 Rootstown Rd Ravenna, OH 44266

Estimated Value: $242,000 - $312,000

9 Beds
4 Baths
2,020 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $360,000 $178 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $1,734/month

8 Days on Market

Highlights

  • Wooded Lot
  • 8 Car Detached Garage
  • Baseboard Heating

About This Home

As of May 2021

Peaceful and serene four home income property on gorgeous, 4 acre of meadow and wooded lot in Rootstown just outside of Kent! Close to Lake Hodgson, Kent State, 5 minutes from shops and dining in Kent, 8 minutes from NEOMED, 2 minutes from Dix Stadium. A real nature lovers paradise for bird and deer watching! All four homes are rented by long term renters that are a dream to work with.
Three homes are two bedroom one bath and one home has three bedroom one bath. Upgrades to the various homes include: 5101 Newer carpet and LVP flooring Updated bathroom Solid surface countertops and subway tile backsplash Fresh paint 5103,Updated bathroom Modern lighting throughout Solid surface countertops and subway tile backsplash Fresh paint Garage door opener 5109, Newer carpet and LVP flooring Updated bathroom Solid surface countertops and subway tile backsplash Modern lighting throughout Hot water tank (2020)Fresh paint 5111, Newer carpet throughout Hardwood flooring Garage door opener.
Property Amenities:
Private deck
Large garage rented by the larger home
Hooked up to city water and sewer
Generous closets
Single car garage and additional parking space.
Located close to hike and bike trails at Dix Stadium.
Quiet country setting.
Spacious open floor plan kitchen/ living room.
Laundry room washer dryer hook up/ utility room.
Fully equipped kitchen

Listed as a four unit property but conveys as two duplexes.

Last Agent to Sell the Property

Jim Horovitz

Coldwell Banker Schmidt Realty License #310181 Listed on: 04/07/2021

Coldwell Banker Schmidt Realty

Last Buyer's Agent

Lucien Pruszynski

Deleted Agent License #2009003862

Deleted Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,818

Year Built

  • Built in 1987

Lot Details

  • Unpaved Streets
  • Wooded Lot

Parking

  • 8 Car Detached Garage

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 4-Story Property
  • Baseboard Heating

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 32-043-00-00-030-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,818

Year Built

Built in 1987

Lot Details

2.1 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Year Built Exception: Actual YBT
  • Year Built: 1987
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1987

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry: 4

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 8

Utilities

  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Rootstown LSD

Lot Info

  • Additional Assessor Parcel Number 1: 32-043-00-00-030-001
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Parcel Number: 32-043-00-00-030-004

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 4818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 11, 2021
Sold by
Knapp Randell W and Knapp Emily A
Bought by
Savage Kevin
Seller's Agent
Jim Horovitz
Coldwell Banker Schmidt Realty
Buyer's Agent
Lucien Pruszynski
Deleted Agent
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$271,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$88,152
Avg. Annual Appreciation
-5.63%
Original Mortgage
$127,500
Outstanding Balance
$114,114
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$157,734

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 27, 2016
Sold by
Griggy Portia Dale
Bought by
Knapp Randell W and Knapp Emily A
Seller's Agent
Susan Warren
Keller Williams Chervenic Rlty
Buyer's Agent
Jim Horovitz
Coldwell Banker Schmidt Realty
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$126,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Griggy Thomas Edward and Griggy Portia Dale
Bought by
Griggy Thomas Edward and Griggy Portia Dale

Purchase Details

Closed on
Sep 22, 1988
Bought by
Griggy Thomas E and Griggy Portia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Savage Kevin $190,000 Revere Title
Knapp Randell W $168,000 None Available
Griggy Thomas Edward -- None Available
Roots 1 Llc -- None Available
Griggy Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savage Kevin $127,500
Closed Savage Kevin $142,500
Previous Owner Knapp Randell W $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2021 05/21/21 Sold $360,000 -4.0% $178 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $375,000 +19.0% $186 / Sq Ft
06/02/2016 06/02/16 Sold $315,000 -6.0% $78 / Sq Ft View Prior Sale
03/19/2016 03/19/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $335,000 -- $83 / 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
2025 $3,380 $77,430 $14,110 $63,320
2024 $3,256 $77,430 $14,110 $63,320
2023 $2,901 $61,360 $12,430 $48,930
2022 $2,852 $61,360 $12,430 $48,930
2021 $2,835 $61,360 $12,430 $48,930
2020 $2,563 $53,310 $11,830 $41,480
2019 $2,571 $53,310 $11,830 $41,480
2018 $2,562 $45,510 $12,570 $32,940
2017 $2,325 $45,510 $12,570 $32,940
2016 $1,813 $45,510 $12,570 $32,940
2015 $2,283 $45,510 $12,570 $32,940
2014 $2,325 $45,510 $12,570 $32,940
2013 $2,310 $45,510 $12,570 $32,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4268333

MLS Now

APN: 32-043-00-00-030-004

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