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112 Elm Street

112 Elm Street, Ravenna, OH 44266
Property in Ravenna
Sold Apr 10, 2002
$342,500
$342,500 by Portage Community Bank
Mortgage
Sold Jul 01, 1999
$150,000
$88,986 by Shirley L Sedlock Trust
Mortgage
112 Elm Street in Ravenna, OH was first built in 1970 and is 54 years old. This has been categorized as a residential property type. It is a single story home. 112 Elm Street has 8,844 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,311 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 112 Elm Street sold most recently in Apr 5, 2002 for a total of $342,500. If you work out the math, that's approximately a cost of $38.73 per sqft. Before that, the property was also sold for $150,000 in Jun 25, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,980 in taxes each year. 112 Elm Street was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $112,000. If we break it down further, the land itself was valued at $14,700. Improvements to the property, however, were assessed at a total of $97,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,311
  • Lot Size Frontage Feet: 800
  • Total Building Area: 8,844
  • Gross Building Area: 8,844
  • Building Area: 8,844
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 8,844
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAPPAN ADDITION
  • Land Acres: 0.167
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: TAPPAN LOT 40-41 NORTH PART F 80

Ownership

  • Current Owner : SALAMON CARL
  • Current Owner 2: SALAMAN CONSTANCE J
  • Previous Owner : LEE THRASHER BRIAN
  • Owner Before Previous Owner: THRASHER SHIRLEY LOIS
  • Owner Before Previous Owner 2: SEDLOCK SHIRLEY L
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Ravenna City School District
  • School Tax School District: RAVENNA
  • Census Tract: 600800

Geography

  • District: 31
  • Parcel: 31-349-04-00-282-000
  • Lot: 40-41
  • Municipality: RAVENNA CITY
  • Latitude: 41.158
  • Longitude: -81.2384

    Address

  • Full Address: 112 Elm St
  • Address - House Number: 112
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: OH
  • City Name: Ravenna
  • Carrier Code: C007
  • 4-Digit Zip Code: 2360
  • Zip Code: 44266

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,980
  • Tax Rate Code Area: 31 6706

    Appraisal Valuation

  • Standard Deviation: 0.1403
  • Valuation Date: Jan 11, 2023
  • Confidence Score: 71
  • Final Value: 662,990
  • High Value: 756,024
  • Low Value: 569,955

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $342,500
  • First Open Lien Mortgage Lender: PORTAGE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Apr 10, 2002
  • First Open Lien Mortgage Loan Amount: $342,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Recording Date: Apr 10, 2002
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $42,000
  • Market Improvement Value: $278,000

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $112,000
  • Assessed Land Value: $14,700
  • Assessed Improvements Value: $97,300

    Sales

  • Current Sale Contract Date: Apr 05, 2002
  • Current Sale Recording Date: Apr 10, 2002
  • Current Sale Transaction ID: 1134556158
  • Current Sale Price: $342,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0211241
  • Previous Sale Recording Date: Jul 01, 1999
  • Previous Sale Contract Date: Jun 25, 1999
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PORTAGE COMMUNITY BANK
  • First Mortgage Transaction Date: Apr 10, 2002
  • First Mortgage Loan Amount: $342,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SHIRLEY L SEDLOCK TRUST
  • Previous Mortgage Transaction Date: Jul 01, 1999
  • Previous Mortgage Loan Amount: $88,986
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Ravenna



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Frequently Asked Questions

What neighborhood is 112 Elm Street located in?
The 112 Elm Street is a located in the neighborhood of Ravenna in Ravenna, Ravenna.
What is the average sales price for listings in 112 Elm Street?
The average sales price for units in 112 Elm Street is $0 currently.

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