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851 South Prospect Street

851 South Prospect Street, Ravenna, OH 44266
Property in Ravenna
Sold Nov 12, 2021
$107,000
$80,250 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2051
Sold Oct 19, 1993
Transfer
851 South Prospect Street in Ravenna, OH was first built in 1920 and is 104 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 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 851 South Prospect Street has 1,802 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 1,092 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 8,102 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 detached garage. The garage is 624 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 fair. The exterior walls of the home are made of alum/vinyl siding. 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 baseboard heaters and being fueled with oil. 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, 851 South Prospect Street was last sold in Nov 9, 2021 for $107,000. According to our calculations, that's $36.97 per sqft. Current property owners are expected to pay $1,154 in taxes per year. The property on 851 South Prospect Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,310. To break that down further, the land itself was valued at $5,570. While improvements to the property were assessed at a total of $19,740. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 1,092
  • Garage Type: Detached
  • Garage Square Area: 624
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,102
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,894
  • Gross Building Area: 2,894
  • Building Area: 1,802
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,802
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: H A CO
  • Land Acres: 0.186
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: H A CO LOT 6 F 60.00

Ownership

  • Current Owner : LEGER KAYLI
  • Current Owner 2: LEGER ANDREW JAMES
  • Previous Owner : HUTCHINSON BRENT D
  • Previous Owner 2: HUTCHINSON AMY J
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

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

Geography

  • District: 31
  • Parcel: 31-365-10-00-207-000
  • Lot: 6
  • Municipality: RAVENNA CITY
  • Latitude: 41.146
  • Longitude: -81.241

    Address

  • Full Address: 851 S Prospect St
  • Address - House Number: 851
  • Street Direction: S
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: OH
  • City Name: Ravenna
  • Carrier Code: C011
  • 4-Digit Zip Code: 3644
  • Zip Code: 44266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,154
  • Tax Rate Code Area: 31 6706

    Appraisal Valuation

  • Standard Deviation: 0.2461
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 122,214
  • High Value: 152,292
  • Low Value: 92,137

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $80,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $72,300
  • Market Land Value: $15,900
  • Market Improvement Value: $56,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,310
  • Assessed Land Value: $5,570
  • Assessed Improvements Value: $19,740

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11866136318
  • Current Sale Price: $107,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202124306
  • Previous Sale Recording Date: Oct 19, 1993
  • Previous Sale Contract Date: Oct 19, 1993
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $80,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Ravenna



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Frequently Asked Questions

What neighborhood is 851 South Prospect Street located in?
The 851 South Prospect Street is a located in the neighborhood of Ravenna in Ravenna, Ravenna.
What is the average sales price for listings in 851 South Prospect Street?
The average sales price for units in 851 South Prospect Street is $0 currently.

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