$130,000
SOLD AUG 9, 2024

5653 Wayland Rd Ravenna, OH 44266

4 Beds
1 Bath
1,776 Sq Ft
1 Acres

Recently Sold

$73 Per Sq Ft

7% Below List Price

12 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • 2 Car Detached Garage
  • Community Lake
  • No HOA
  • Enclosed patio or porch

About This Home

As of June 2025

Awesome opportunity for an investor or savvy/skilled homeowner! This property is in a great location less than 0.3 of a mile from Kirwan Reservoir and has lots of privacy! It features a nice 2 car detached garage, newer furnace, vinyl siding, 3 bedrooms on the main floor plus a large bedroom or recreation room on the second floor. The home does need basement waterproofing, a new electrical panel, a new septic, and will likely need a new well or a robust water treatment system. It is priced accordingly and is being sold As-is.

Last Agent to Sell the Property

Tim Ambrose

Keller Williams Greater Cleveland Northeast Brokerage Email: timambrose@kw.com 440-862-0560 License #2007005157 Listed on: 07/22/2024

Keller Williams Greater Cleveland Northeast

Last Buyer's Agent

Katie Pahls

KMH Realty & Auctions License #2016004294

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1948

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Fixer Upper
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic Tank

Additional Features

  • Enclosed patio or porch
  • 1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 27-037-00-00-007-000

Community Details

Overview

  • No Home Owners Association
  • East Forty Estate Subdivision
  • Community Lake

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,014

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1948
  • Attribution Contact: timambrose@kw.com 440-862-0560
  • Subdivision Name: East Forty Estate
  • Architectural Style: Bungalow, Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Eat-in Kitchen
  • Unit Levels: One and One Half
  • Reso Property Condition: Fixer
  • Tax Year: 2023
  • 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: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 1.0
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Detached, Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Park
  • Association: No

Schools

  • Junior High Dist: Southeast LSD Portage- 6708

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 27-037-00-00-007-000
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1014.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 3, 2025
Sold by
Ellis Rachelle
Bought by
St James Karen A
Seller's Agent
Danielle Reynolds
RE/MAX Trends Realty
Buyer's Agent
Jennifer Filipczak-Turner
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%
Total Days on Market
12
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-74.93%
Original Mortgage
$171,000
Outstanding Balance
$171,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$26,745

Purchase Details

Listed on
Jul 22, 2024
Closed on
Aug 8, 2024
Sold by
Nesi Cathleen D and Nesi James Robert
Bought by
Ellis Rachelle
Seller's Agent
Tim Ambrose
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Katie Pahls
KMH Realty & Auctions
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.71%
Original Mortgage
$60,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 26, 2018
Sold by
James Holly L
Bought by
James Robert A and Nesi Cathleen D

Purchase Details

Closed on
Sep 28, 2009
Sold by
James Harry E and James Theresa M
Bought by
James Joseph E and James Robert A

Purchase Details

Closed on
Sep 25, 1990
Bought by
James Harry E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 None Listed On Document
Warranty Deed $130,000 Diamond Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Attorney
Deed $64,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,000 New Conventional
Previous Owner $60,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $180,000 +2.9% $101 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $175,000 +34.6% $99 / Sq Ft
08/09/2024 08/09/24 Sold $130,000 -7.1% $73 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $139,900 -- $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 $1,394 $48,480 $6,650 $41,830
2023 $1,014 $34,300 $4,760 $29,540
2022 $1,069 $34,300 $4,760 $29,540
2021 $1,078 $34,300 $4,760 $29,540
2020 $882 $28,770 $4,760 $24,010
2019 $885 $28,770 $4,760 $24,010
2018 $963 $29,400 $5,110 $24,290
2017 $963 $29,400 $5,110 $24,290
2016 $960 $29,400 $5,110 $24,290
2015 $920 $29,400 $5,110 $24,290
2014 $898 $28,460 $5,110 $23,350
2013 $870 $28,460 $5,110 $23,350
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MLS Now

MLS Number: 5055995

MLS Now

APN: 27-037-00-00-007-000