NOT LISTED FOR SALE

Estimated Value: $170,000 - $198,874

4 Beds
2 Baths
1,536 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $162,000 $105 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,227/month

3 Days on Market

Highlights

  • 2 Car Direct Access Garage
  • North Facing Home
  • 1-Story Property
  • Baseboard Heating
  • Wood Siding

About This Home

As of June 2024

Introducing a Fantastic Investment Opportunity in Ravenna Township!
Side-by-Side Duplex on generous .69-acre lot, providing ample space for outdoor activities. Each unit features two comfortable bedrooms and a well-appointed bathroom, making it an ideal living space for tenants seeking convenience and comfort.
The kitchens in both units come complete with all appliances, offering a turnkey solution for tenants.
The property includes a one-car garage under each home, providing secure parking and additional storage space. Ample parking on the premises ensures convenience for residents and their guests. Walkout basements in both units, creating a seamless transition to the outdoors. Washer and dryer hookups make laundry a breeze for tenants.
The property is equipped with electric utilities, offering efficiency and reliability for both landlords and tenants. Tenants pay all utilities.
Conveniently located near Kent State University, major highways, shopping centers, and dining establishments, this duplex is perfectly situated to attract tenants seeking accessibility and a vibrant community. Take advantage of this turnkey investment opportunity with both units fully occupied. Enjoy immediate returns on your investment without the hassle of finding tenants.
Whether you're a seasoned investor or a first-time buyer, this property offers a solid investment opportunity in a sought-after location.
Don't miss out on the chance to own a fully occupied duplex with great rental potential. Act now to secure this investment and start generating passive income. Schedule a showing with 24-48 hour notice.

Last Agent to Sell the Property

Ava Wagner

Berkshire Hathaway HomeServices Stouffer Realty License #444619 Listed on: 12/15/2023

Berkshire Hathaway HomeServices Stouffer Realty

Last Buyer's Agent

Tiffany Bracken

DeHOFF REALTORS License #2014000456

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1977

Lot Details

  • 30,056 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Direct Access Garage
  • Rear-Facing Garage
  • Additional Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • Ravenna Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, electricity
  • Assessor Parcel Number 29-301-00-00-006-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,095

Year Built

Built in 1977

Lot Details

0.69 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1977
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Ravenna
  • Above Grade Finished Sq Ft: 1536.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2022
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished, Walk-Out Access, Sump Pump
  • Basement: Yes
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.69
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: North

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Direct Access, Garage, Garage Faces Rear

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Ravenna CSD - 6706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 29-301-00-00-006-003
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Electricity

Multi Family

  • Gross Income: 18360.0

Tax Info

  • Tax Annual Amount: 3095.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jun 6, 2024
Sold by
Schassar John and Schassar Jennifer A
Bought by
Dillbeck Jack and Dillbeck Matthew R
Seller's Agent
Ava Wagner
Berkshire Hathaway HomeServices Stouffer Realty
Buyer's Agent
Tiffany Bracken
DeHOFF REALTORS
List Price
$154,900
Sold Price
$162,000
Premium/Discount to List
$7,100
4.58%
Views
35
Current Estimated Value
$187,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,469
Avg. Annual Appreciation
8.40%
Original Mortgage
$145,800
Outstanding Balance
$143,353
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$44,116

Purchase Details

Closed on
Oct 16, 2015
Sold by
Schassar John and Schassar John
Bought by
Schassar John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,304
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1996
Sold by
Moore Ronald
Bought by
Schasser John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,050
Interest Rate
8.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dillbeck Jack -- None Listed On Document
Schassar John -- Title365
Schasser John $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillbeck Jack $145,800
Previous Owner Schassar John $124,304
Previous Owner Schasser John $112,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $162,000 +4.6% $105 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $154,900 -- $101 / Sq Ft
Source: MLS Now

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 $2,893 $50,090 $8,860 $41,230
2024 $2,343 $50,090 $8,860 $41,230
2023 $3,136 $36,510 $9,520 $26,990
2022 $3,095 $36,510 $9,520 $26,990
2021 $3,064 $36,510 $9,520 $26,990
2020 $2,952 $30,770 $9,520 $21,250
2019 $2,920 $30,770 $9,520 $21,250
2018 $3,030 $30,940 $9,520 $21,420
2017 $3,030 $30,940 $9,520 $21,420
2016 $2,851 $30,940 $9,520 $21,420
2015 $2,866 $30,940 $9,520 $21,420
2014 $2,863 $30,940 $9,520 $21,420
2013 $2,835 $30,940 $9,520 $21,420
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Now

MLS Number: 5006715

MLS Now

APN: 29-301-00-00-006-003

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