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8709 State Rte 88

8709 State Rte 88, Ravenna, OH 44266
Property in Freedom
Sold Jan 25, 2013
$90,000
$39,000 by Portage Commerce Bank
Mortgage
Sold Feb 08, 2000
$75,000
Local assessors in Ravenna, OH have categorized 8709 State Rte 88 as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 133,729 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8709 State Rte 88 has a total of 1,248 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 514 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's baseboard heaters is the primary heating source and it is being fueled with oil. 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, 8709 State Rte 88 sold most recently in Jan 24, 2013 for a total of $90,000. If you work out the math, that's approximately a cost of $44.96 per sqft. Before that, the property was also sold for $75,000 in Feb 3, 2000. 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 $1,539 in taxes each year. 8709 State Rte 88 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,170. If we break it down further, the land itself was valued at $12,430. Improvements to the property, however, were assessed at a total of $26,740. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 514
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 133,729
  • Total Building Area: 2,002
  • Gross Building Area: 2,106
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,248
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: FREEDOM
  • Land Acres: 3.07
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • State Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: LOT 65

Ownership

  • Current Owner : WILEY DAVID L
  • Current Owner 2: WILEY JANE B
  • Previous Owner : HALE MICHAEL R
  • Previous Owner 2: HALE BONNIE
  • Owner Before Previous Owner: MOORE INEZ MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: James A. Garfield Local School District
  • School Tax School District: GARFIELD
  • Census Tract: 600602

Geography

  • District: 18
  • Parcel: 18-065-00-00-018-000
  • Lot: 65
  • Municipality: FREEDOM TWP
  • Latitude: 41.2286
  • Longitude: -81.1556

    Address

  • Full Address: 8709 State Route 88
  • Address - House Number: 8709
  • Address - Street Name: State Route 88
  • State: OH
  • City Name: Ravenna
  • Carrier Code: R007
  • 4-Digit Zip Code: 9198
  • Zip Code: 44266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,539
  • Tax Rate Code Area: 18 6704

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 172,250
  • High Value: 208,812
  • Low Value: 135,688

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $39,000
  • First Open Lien Mortgage Lender: PORTAGE COMMERCE BANK
  • First Open Lien Mortgage Recording Date: Jan 25, 2013
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $39,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $111,900
  • Market Land Value: $35,500
  • Market Improvement Value: $76,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,170
  • Assessed Land Value: $12,430
  • Assessed Improvements Value: $26,740

    Sales

  • Current Sale Contract Date: Jan 24, 2013
  • Current Sale Recording Date: Jan 25, 2013
  • Current Sale Transaction ID: 1134272451
  • Current Sale Price: $90,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201302511
  • Previous Sale Recording Date: Feb 08, 2000
  • Previous Sale Contract Date: Feb 03, 2000
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: PORTAGE COMMERCE BANK
  • First Mortgage Transaction Date: Jan 25, 2013
  • First Mortgage Loan Amount: $39,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Portage



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Frequently Asked Questions

What neighborhood is 8709 State Rte 88 located in?
The 8709 State Rte 88 is a located in the neighborhood of Freedom in Portage, Ravenna.
What is the average sales price for listings in 8709 State Rte 88?
The average sales price for units in 8709 State Rte 88 is $0 currently.

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