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506 Summit Street

506 Summit Street, Ravenna, OH 44266
House in Ravenna
506 Summit Street in Ravenna, OH was first built in 1950 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 100 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 506 Summit Street has 792 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. The basement is 528 sqft and has been categorized as a . The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,440. In total, the area measurement of the land is 7,200 square feet.

Learn more about the property and building on this page. There is a and a . Water for the property is sourced from system. The property is connected to a sewer system. For those who need parking, there is a . The garage is 360 sqft. There is one available parking space. 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 control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 506 Summit Street was last sold in May 20, 2014 for $30,000. According to our calculations, that's $17.86 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Aug 13, 2013. Current property owners are expected to pay $117,328 in taxes per year. The property on 506 Summit Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,730. To break that down further, the land itself was valued at $5,250. While improvements to the property were assessed at a total of $20,480. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Aluminum Siding

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240524
05/24/2024
3 Bed
1 Bath
-
$125,000
bedrooms
3 Bed
bathrooms
1 Bath
-
-
Raymond Griggy
EXP Realty, LLC.


Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 528
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 1
  • Heated Square Feet: 792
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: C OF C
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • State Land Use Code: 510
  • Legal Description 1: C OF C LOT 37 F 49.50

Neighborhood

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

Geography

  • District: 31
  • Parcel: 31-349-03-00-219-000
  • Lot: 37
  • Municipality: RAVENNA CITY
  • Latitude: 41.163
  • Longitude: -81.2354

    Address

  • Full Address: 506 Summit St
  • Address - House Number: 506
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: OH
  • City Name: Ravenna
  • Carrier Code: C007
  • 4-Digit Zip Code: 2411
  • Zip Code: 44266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $117,328
  • Tax Rate Code Area: 31 6706

    Appraisal Valuation

  • Standard Deviation: 0.2326
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 98,638
  • High Value: 121,588
  • Low Value: 75,689

    Market Valuation

  • Market Total Value: $73,500
  • Market Land Value: $15,000
  • Market Improvement Value: $58,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,730
  • Assessed Land Value: $5,250
  • Assessed Improvements Value: $20,480

    Sales

  • Current Sale Contract Date: May 20, 2014
  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 201407653
  • Previous Sale Recording Date: Sep 05, 2013
  • Previous Sale Contract Date: Aug 13, 2013
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Ravenna



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Frequently Asked Questions

What neighborhood is 506 Summit Street located in?
The 506 Summit Street is a house located in the neighborhood of Ravenna in Ravenna, Ravenna.
What is the average sales price for listings in 506 Summit Street?
The average sales price for units in 506 Summit Street is $0 currently.