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625 West Lake Street

625 West Lake Street, Ravenna, OH 44266
Property in Ravenna
Sold Oct 14, 2005
$174,900
$168,647 by First Place Bank
Mortgage Due Nov 01, 2035
Sold Oct 04, 2004
$57,800
$126,300 by Third Fsla Of Cleveland
Mortgage Due Sep 01, 2006
625 West Lake Street in Ravenna, OH was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 625 West Lake Street has 1,773 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 1,048 sqft and has been categorized as a full basement. In total, the area measurement of the land is 11,892 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing baseboard heaters and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 625 West Lake Street sold most recently in Sep 27, 2005 for a total of $174,900. If you work out the math, that's approximately a cost of $53.63 per sqft. Before that, the property was also sold for $57,800 in Jun 29, 2004. 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 $3,039 in taxes each year. 625 West Lake Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,390. If we break it down further, the land itself was valued at $8,750. Improvements to the property, however, were assessed at a total of $59,640. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,048
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,892
  • Total Building Area: 3,261
  • Gross Building Area: 3,261
  • Building Area: 1,773
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,773
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE KNOLLS AT COLLINS POND
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: THE KNOLLS AT COLLINS POND LOT 26

Ownership

  • Current Owner : DRAKE WILLIAM J
  • Current Owner 2: DRAKE ARDIAN J
  • Previous Owner : W S HOMES INC
  • Owner Before Previous Owner: JANUARY DEVELOPMENTS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ravenna City School District
  • School Tax School District: RAVENNA
  • Census Tract: 600902

Geography

  • District: 31
  • Parcel: 31-362-00-00-027-026
  • Lot: 26
  • Municipality: RAVENNA CITY
  • Latitude: 41.1463
  • Longitude: -81.2513

    Address

  • Full Address: 625 W Lake St
  • Address - House Number: 625
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: OH
  • City Name: Ravenna
  • Carrier Code: R005
  • 4-Digit Zip Code: 3646
  • Zip Code: 44266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,039
  • Tax Rate Code Area: 31 6706

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 266,842
  • High Value: 327,376
  • Low Value: 206,309

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,647
  • First Open Lien Mortgage Lender: FIRST PLACE BANK
  • First Open Lien Mortgage Recording Date: Oct 14, 2005
  • First Open Lien Mortgage Loan Amount: $168,647
  • 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: Nov 01, 2035

    Market Valuation

  • Market Total Value: $195,400
  • Market Land Value: $25,000
  • Market Improvement Value: $170,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,390
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $59,640

    Sales

  • Current Sale Contract Date: Sep 27, 2005
  • Current Sale Recording Date: Oct 14, 2005
  • Current Sale Transaction ID: 1134566326
  • Current Sale Price: $174,900
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 0527308
  • Previous Sale Recording Date: Oct 04, 2004
  • Previous Sale Contract Date: Jun 29, 2004
  • Previous Sale Amount: $57,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST PLACE BANK
  • First Mortgage Transaction Date: Oct 14, 2005
  • First Mortgage Loan Amount: $168,647
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: THIRD FSLA OF CLEVELAND
  • Previous Mortgage Transaction Date: Oct 04, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $126,300
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Sep 01, 2006

About Ravenna



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Frequently Asked Questions

What neighborhood is 625 West Lake Street located in?
The 625 West Lake Street is a located in the neighborhood of Ravenna in Ravenna, Ravenna.
What is the average sales price for listings in 625 West Lake Street?
The average sales price for units in 625 West Lake Street is $0 currently.

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