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601 South Walnut Street

601 South Walnut Street, Ravenna, OH 44266
Property in Ravenna
Sold Nov 10, 2020
$42,000
$41,239 by Portage Community Bank
Mortgage Due Dec 01, 2050
Sold Feb 16, 2005
$35,500
$27,900 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2035
601 South Walnut Street has been categorized by the local assessors in Ravenna, OH as a residential type of property. The building on the property was first built in 1890 and is 134 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 601 South Walnut Street has 1,480 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,016 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,800 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 10,799 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 160 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 601 South Walnut Street sold most recently in Nov 6, 2020 for a total of $42,000. If you work out the math, that's approximately a cost of $16.83 per sqft. Before that, the property was also sold for $35,500 in Jan 24, 2005. 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 $832 in taxes each year. 601 South Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,730. If we break it down further, the land itself was valued at $6,830. Improvements to the property, however, were assessed at a total of $11,900. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,016
  • Garage Type: Detached
  • Garage Square Area: 160
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,496
  • Gross Building Area: 2,496
  • Building Area: 1,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,480
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: G & A
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: G & A LOT 9 F 60

Ownership

  • Current Owner : HAYES MICHELLE JEAN
  • Previous Owner : JEFFERSON GEORGE R
  • Previous Owner 2: JEFFERSON RENEE J
  • Owner Before Previous Owner: HOUSEHOLD REALTY CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ravenna City School District
  • School Tax School District: RAVENNA
  • Census Tract: 601000

Geography

  • District: 31
  • Parcel: 31-366-24-00-165-000
  • Lot: 9
  • Municipality: RAVENNA CITY
  • Latitude: 41.1517
  • Longitude: -81.24

    Address

  • Full Address: 601 S Walnut St
  • Address - House Number: 601
  • Street Direction: S
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: OH
  • City Name: Ravenna
  • Carrier Code: C011
  • 4-Digit Zip Code: 3121
  • Zip Code: 44266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $832
  • Tax Rate Code Area: 31 6706

    Appraisal Valuation

  • Standard Deviation: 0.4605
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 7
  • Final Value: 106,990
  • High Value: 156,266
  • Low Value: 57,713

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $48,303
  • First Open Lien Mortgage Lender: PORTAGE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Nov 10, 2020
  • First Open Lien Mortgage Loan Amount: $41,239
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 13, 2023
  • Second Open Lien Mortgage Loan Amount: $7,064
  • Second Open Lien Mortgage Term: 323
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $53,500
  • Market Land Value: $19,500
  • Market Improvement Value: $34,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,730
  • Assessed Land Value: $6,830
  • Assessed Improvements Value: $11,900

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 10, 2020
  • Current Sale Transaction ID: 11799745483
  • Current Sale Price: $42,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202021051
  • Previous Sale Recording Date: Feb 16, 2005
  • Previous Sale Contract Date: Jan 24, 2005
  • Previous Sale Amount: $35,500
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: PORTAGE COMMUNITY BANK
  • First Mortgage Transaction Date: Nov 10, 2020
  • First Mortgage Loan Amount: $41,239
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 16, 2005
  • Previous Mortgage Loan Amount: $27,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Ravenna



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Frequently Asked Questions

What neighborhood is 601 South Walnut Street located in?
The 601 South Walnut Street is a located in the neighborhood of Ravenna in Ravenna, Ravenna.
What is the average sales price for listings in 601 South Walnut Street?
The average sales price for units in 601 South Walnut Street is $0 currently.

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