5566 S Prospect St Ravenna, OH 44266
Estimated payment $1,628/month
Highlights
- Deck
- No HOA
- 2 Car Attached Garage
- Traditional Architecture
- Covered Patio or Porch
- Laundry Room
About This Home
Welcome to this meticulously updated 2002-built Colonial, offering a rare combination of modern infrastructure and an expansive .40-acre lot. This property represents a premier opportunity for medical professionals, educators, or savvy investors seeking rental properties, strategically located just five minutes from NEOMED and within 20 minutes of Kent State University. The residence underwent an extensive transformation in 2023, including a new roof, windows, furnace, and central air system, ensuring long-term peace of mind and energy efficiency.
The heart of the home is the stunning kitchen, completely overhauled in 2023 with quality self-closing cabinetry. The interior features a contemporary aesthetic with new flooring throughout, updated lighting fixtures, and a fresh coat of paint completed in 2026. Both bathrooms were fully renovated in 2023 to match the home's modern standard. Additional living space is found in the recently finished basement and laundry room, providing versatility for a home office, recreation room, or gym.
Outdoor amenities include a new composite covered deck that overlooks the deep backyard, complemented by a storage shed and partial wooden fencing. Positioned with easy access to all major highways and local shopping, this property maximizes convenience while offering space and privacy all in a central corridor. Whether you are looking for a move-in-ready primary residence or a strategic addition to your investment portfolio near major campuses, this home delivers exceptional value and quality. Schedule your private showing today to experience this Ravenna gem.
Listing Agent
Howard Hanna Brokerage Email: beckiflood@howardhanna.com, 440-668-4628 License #2015003044 Listed on: 05/08/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,315
Year Built
- Built in 2002
Lot Details
- 17,424 Sq Ft Lot
- Lot Dimensions are 73x240
- Partially Fenced Property
- Wood Fence
- Level Lot
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 1.5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Ravenna Bldg Co Subdivision
Listing and Financial Details
- Assessor Parcel Number 29-364-00-00-040-000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,315 | $64,090 | $7,910 | $56,180 |
| 2024 | $2,899 | $64,090 | $7,910 | $56,180 |
| 2023 | $2,590 | $48,650 | $7,140 | $41,510 |
| 2022 | $3,132 | $48,650 | $7,140 | $41,510 |
| 2021 | $2,837 | $48,650 | $7,140 | $41,510 |
| 2020 | $2,611 | $39,310 | $7,140 | $32,170 |
| 2019 | $2,442 | $39,310 | $7,140 | $32,170 |
| 2018 | $2,611 | $39,520 | $7,140 | $32,380 |
| 2017 | $2,611 | $39,520 | $7,140 | $32,380 |
| 2016 | $2,712 | $39,520 | $7,140 | $32,380 |
| 2015 | $2,268 | $39,520 | $7,140 | $32,380 |
| 2014 | $2,817 | $39,520 | $7,140 | $32,380 |
| 2013 | $2,795 | $39,520 | $7,140 | $32,380 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $249,999 | +31.6% | $138 / Sq Ft | |
| 12/07/2023 12/07/23 | Sold | $190,000 | -14.8% | $105 / Sq Ft | View Prior Sale |
| 11/21/2023 11/21/23 | Pending | -- | -- | -- | |
| 10/31/2023 10/31/23 | Price Changed | $223,000 | -5.1% | $123 / Sq Ft | |
| 10/11/2023 10/11/23 | For Sale | $235,000 | -- | $130 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | Diamond Title | |
| Warranty Deed | $190,000 | None Listed On Document | |
| Deed | $4,500 | -- |
Source: MLS Now (Howard Hanna)
MLS Number: 5209152
APN: 29-364-00-00-040-000
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Ask me questions while you tour the home.