NOT LISTED FOR SALE

550 E Riddle Ave Ravenna, OH 44266

Estimated Value: $258,000 - $311,000

4 Beds
2.5 Baths
2,486 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $261,900 $105 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,817/month

66 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Patio
  • 1 Fireplace
  • 2 Car Attached Garage
  • Hot Water Heating System

About This Home

As of March 2024

Welcome to 550 E. Riddle Avenue in Ravenna! This well-loved brick colonial designated a historic landmark is loaded with character and charm such as hardwood flooring throughout, beautiful woodwork, original cabinetry in the kitchen, French doors, vitrolite tile, a fireplace and much more! The home features over 2,486 Sq. ft. With 4 bedrooms and 2.5 bathrooms including the primary bedroom with on-suite bath. The welcoming foyer opens into the spacious living room with fireplace, and the formal dining room with original built-ins. Off the dining room is a den/ sunroom, and a nice size kitchen with ample cabinetry. You will also find an updated powder room on the first floor, and access to the attached 2-car garage, rear patio, and basement. In addition to the 4 bedrooms on the 2nd floor there are 2 rooms in the finished attic that could be used as bedrooms, office/study, workout room, or storage. Outside there is a lovely stone walkway leading up to the home, fenced in back yard, a storage shed, and patio area. This gorgeous home is minutes from downtown Ravenna, Kent, KSU, Rootstown, NEOMED, The University of Akron, and all major highways. Schedule your showing today!

Last Agent to Sell the Property

Ryan Poland

Jack Kohl Realty Brokerage Email: (330) 296-9997 jkohlre@jkohlre.com License #2013004630 Listed on: 11/02/2023

Last Buyer's Agent

Mandi Montgomery

Keller Williams Greater Metropolitan License #2018001387

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,246

Year Built

  • Built in 1927

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2,486 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System

Additional Features

  • Patio
  • 0.28 Acre Lot

Community Details

  • No Home Owners Association
  • Riddle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31-366-23-00-088-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,246

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1927
  • Attribution Contact: (330) 296-9997 jkohlre@jkohlre.com
  • Subdivision Name: Riddle
  • Above Grade Finished Sq Ft: 2486.0
  • Architectural Style: Colonial, Conventional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.2792
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Radiator(s), Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Ravenna CSD - 6706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 31-366-23-00-088-000
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3246.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Mar 6, 2024
Sold by
Cromes Bradley L and Cromes Lindsey M
Bought by
Loferski Michael and Loferski Jeanne
Seller's Agent
Ryan Poland
Jack Kohl Realty
Buyer's Agent
Mandi Montgomery
Keller Williams Greater Metropolitan
List Price
$269,900
Sold Price
$261,900
Premium/Discount to List
-$8,000
-2.96%
Views
506
Current Estimated Value
$288,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,648
Avg. Annual Appreciation
6.32%
Original Mortgage
$100,000
Outstanding Balance
$98,355
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$190,193

Purchase Details

Listed on
Dec 19, 2011
Closed on
Jan 23, 2012
Sold by
Regovich Thomas Robert and Regovich Cory A
Bought by
Cromes Lindsey M and Cromes Bradley L
Seller's Agent
Susane Sampson
Howard Hanna
Buyer's Agent
Trudi Plumb
Deleted Agent
List Price
$169,900
Sold Price
$179,000
Premium/Discount to List
$9,100
5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$174,462
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2008
Sold by
Young Jack W and Young Elizabeth K
Bought by
Regovich Thomas Robert and Regovich Cory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,461
Interest Rate
6.54%
Mortgage Type
VA
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
Loferski Michael $261,900 None Listed On Document
Cromes Lindsey M $179,000 Attorney
Regovich Thomas Robert $161,000 Ohio Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loferski Michael $100,000
Previous Owner Cromes Lindsey M $174,462
Previous Owner Regovich Thomas Robert $164,461
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $261,900 -3.0% $105 / Sq Ft
01/06/2024 01/06/24 For Sale $269,900 0.0% $109 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $269,900 -1.8% $109 / Sq Ft
11/01/2023 11/01/23 For Sale $274,900 +53.6% $111 / Sq Ft
02/13/2012 02/13/12 Sold $179,000 +5.4% $83 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $169,900 -- $79 / 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 $3,446 $94,650 $8,090 $86,560
2023 $3,245 $73,020 $8,090 $64,930
2022 $3,246 $73,020 $8,090 $64,930
2021 $3,250 $73,020 $8,090 $64,930
2020 $3,008 $60,030 $8,090 $51,940
2019 $3,012 $60,030 $8,090 $51,940
2018 $2,938 $55,380 $10,260 $45,120
2017 $2,938 $55,380 $10,260 $45,120
2016 $2,762 $55,380 $10,260 $45,120
2015 $2,766 $55,380 $10,260 $45,120
2014 $2,763 $55,380 $10,260 $45,120
2013 $2,745 $55,380 $10,260 $45,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4501677

MLS Now

APN: 31-366-23-00-088-000