NOT LISTED FOR SALE

7340 S Ridge Rd Madison, OH 44057

Estimated Value: $302,475 - $376,000

4 Beds
2.5 Baths
2,200 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $240,000 $109 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,341/month

39 Days on Market

Highlights

  • 5.67 Acre Lot
  • 2 Fireplaces
  • Bungalow
  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Fully rehabbed 1840s Farmhouse on over 5 acres. Private yet open and inviting back yard features a winding creek, blueberry bushes that are well over 50 years old along with lots of nature to explore its a must see retreat. Sitting well above the street this house on the hill has been totally rehabbed down to the studs. Attention to detail in this home was given with much of the original woodwork still in tack along with interior doors restored. The kitchen/dining room features a full length of windows to bring in a ton of natural light and to oversee just a portion of the back yard. With a lengthy list of repairs and updates here are the highlights... Full roof repair/tearoff 2013, New windows, Furnace, AC & HWT 2020, newly added bathrooms, new kitchen with all appliances and granite counters, walk in pantry, 2 car extra large attached garage, main floor laundry, first floor owners suite, new laminate flooring, new carpet, and paint. This is a beautifully redone piece of history in Madison schedule a showing today!

Last Agent to Sell the Property

Cindy Kriynovich

HomeSmart Real Estate Momentum LLC License #2015003180 Listed on: 08/10/2020

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

William Bissett

HomeSmart Real Estate Momentum LLC License #2006001762

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,348

Year Built

  • Built in 1842

Lot Details

  • 5.67 Acre Lot
  • North Facing Home
  • Unpaved Streets

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • Paine Community

Listing and Financial Details

  • Assessor Parcel Number 01-A-073-0-00-008-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,348

Year Built

Built in 1842

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Bungalow
  • House Faces: North
  • Price Per Square Foot: 109.09
  • Estimated Price per Sq Ft: 109.09
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2200
  • Year Built: 1842
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1842

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Wall Oven, Range, Refrigerator
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 14
  • Basement Detail: Full, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2200.00
  • Sq Ft Approx Total Finished: 2200.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Other, Forced Air
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Paine

Schools

  • School District: Madison LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 5.6700
  • Parcel Number: 01-A-073-0-00-008-0

Tax Info

  • Tax: 4348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Oct 29, 2020
Sold by
Burns Steven and Varga John R
Bought by
Shank Brian T and Shank Jessica R
Seller's Agent
Cindy Kriynovich
HomeSmart Real Estate Momentum LLC
Buyer's Agent
William Bissett
HomeSmart Real Estate Momentum LLC
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%
Current Estimated Value
$331,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,869
Avg. Annual Appreciation
6.70%
Original Mortgage
$228,000
Outstanding Balance
$202,888
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,981

Purchase Details

Closed on
Dec 6, 2012
Sold by
Vandyke Carroll and Vandyke Carroll
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 1, 2004
Sold by
Vandyke Carroll
Bought by
Vandyke Carroll E and Carroll E Vandyke Revocable Li

Purchase Details

Closed on
Oct 29, 2002
Sold by
Gerwin Lauretta and Vandyke Martha V
Bought by
Vandyke Carroll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.13%

Purchase Details

Closed on
Sep 7, 1965
Bought by
Vandyke Martha
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shank Brian T -- Enterprise Title
Federal National Mortgage Association $103,636 None Available
Vandyke Carroll E -- --
Vandyke Carroll $120,000 Midland Title Security Inc
Vandyke Martha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shank Brian T $228,000
Previous Owner Vandyke Carroll $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $240,000 -7.7% $109 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $259,900 -3.7% $118 / Sq Ft
08/10/2020 08/10/20 For Sale $269,900 -- $123 / 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 -- $91,720 $25,980 $65,740
2023 $7,245 $65,180 $20,990 $44,190
2022 $4,002 $65,180 $20,990 $44,190
2021 $4,009 $65,180 $20,990 $44,190
2020 $3,989 $56,200 $18,100 $38,100
2019 $4,704 $56,200 $18,100 $38,100
2018 $3,652 $42,010 $16,270 $25,740
2017 $2,985 $42,010 $16,270 $25,740
2016 $2,615 $40,430 $16,270 $24,160
2015 $2,486 $40,430 $16,270 $24,160
2014 $2,542 $40,430 $16,270 $24,160
2013 $2,548 $40,430 $16,270 $24,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4212920

MLS Now

APN: 01-A-073-0-00-008