NOT LISTED FOR SALE

7248 State Route 44 Ravenna, OH 44266

Estimated Value: $266,249 - $534,000

4 Beds
2 Baths
1,976 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 20, 2020

Last sale price $425,000 $215 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,272/month

28 Days on Market

Highlights

  • Horse Property
  • 40.23 Acre Lot
  • Wooded Lot
  • Fishing Allowed
  • Pond
  • 1 Car Detached Garage

About This Home

As of December 2020

Looking for a farm that is also an income property? Well look no further! This gorgeous 40 acre farm at 7248 State Route 44 in Ravenna Township features a fully rented 2 unit income property, a 1 car detached garage, a 42 x 32 Bank Barn, 3.5 acre lake, 0.5 acre pond, approximately 15 acres of woods and approximately 20 acres of farm land. Don't miss out on this slice of paradise.

Last Agent to Sell the Property

Ryan Poland

Jack Kohl Realty License #2013004630 Listed on: 09/11/2020

Last Buyer's Agent

Jack Kohl

Jack Kohl Realty License #319156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1900

Lot Details

  • 40.23 Acre Lot
  • West Facing Home
  • Unpaved Streets
  • Wooded Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property
  • Built-In Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pond
  • Horse Property

Farming

  • Livestock

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Propane
  • Well
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 29-209-00-00-004-000

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • Ravenna Community

Recreation

  • Fishing Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,181

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 215.08
  • Estimated Price per Sq Ft: 215.08
  • Year Built Exception: Unknown
  • Num Of Stories: 2.00
  • Total Sq Ft: 1976
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Wall Oven, Refrigerator, Water Softener
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished, Walk-Out
  • Sq Ft Approx Above Grade Finished: 1976.00
  • Sq Ft Approx Total Finished: 1976.00

Exterior Features

  • Exterior: Cedar, Vinyl, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Propane
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Ravenna

Fee Information

  • Op Expenses: 4849.00

Schools

  • School District: Ravenna CSD
  • School District: Ravenna CSD

Lot Info

  • Additional Assessor Parcel Number 1: 29-209-00-00-005-000
  • Lot Description: Horse Property, Lake-Stocked, Livestock Permitted, Pond, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 40.2300
  • Parcel Number: 29-209-00-00-004-000

Multi Family

  • Gross Income: 16560.00
  • Net Income: 11711.00
  • Num Of Buildings: 3
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 21, 2020
Sold by
Lang Larry and Lang Lori
Bought by
Moats Aaron A and Moats Michelle S
Seller's Agent
Ryan Poland
Jack Kohl Realty
Buyer's Agent
Jack Kohl
Jack Kohl Realty
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$375,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,938
Avg. Annual Appreciation
-2.54%
Original Mortgage
$325,000
Outstanding Balance
$289,347
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$85,715

Purchase Details

Closed on
Sep 4, 2001
Sold by
Gamiere Dorothy S
Bought by
Lang Larry and Lang Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.03%

Purchase Details

Closed on
Aug 21, 2001
Sold by
Ensinger Wanda L and Ensinger Wanda
Bought by
Gamiere Dorothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.03%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Ensinger Wanda L
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
Moats Aaron A -- None Listed On Document
Lang Larry $225,000 --
Gamiere Dorothy S $90,600 --
Ensinger Wanda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moats Aaron A $325,000
Previous Owner Lang Larry $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2020 12/20/20 Sold $425,000 -5.6% $215 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $450,000 -- $228 / 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 $3,655 $81,310 $12,640 $68,670
2023 $3,005 $56,710 $10,680 $46,030
2022 $2,985 $56,710 $10,680 $46,030
2021 $2,972 $56,710 $10,680 $46,030
2020 $2,692 $45,300 $10,680 $34,620
2019 $2,693 $45,300 $10,680 $34,620
2018 $2,766 $44,280 $9,280 $35,000
2017 $2,766 $44,280 $9,280 $35,000
2016 $2,536 $44,280 $9,280 $35,000
2015 $2,539 $44,280 $9,280 $35,000
2014 $2,378 $41,100 $9,280 $31,820
2013 $2,364 $41,100 $9,280 $31,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4222887

MLS Now

APN: 29-209-00-00-004-000