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248 Madison St

Ravenna, OH 44266

3 bd 3 ba 1,444 sqft Built 1900 Lot 6,368 sqft single_family
Most recent sale
$115,000
Dec 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2021 Sold $115,000 MLS #4331075
Nov 5, 2021 Listed $109,900 MLS #4331075
Sep 15, 1993 Sold $77,000 Public Record
Oct 18, 1989 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $37,030 $4,900 $41,930 $1,902
2024 $37,030 $4,900 $41,930 $1,526
2023 $25,830 $4,900 $30,730 $1,365
2022 $25,830 $4,900 $30,730 $1,366
2021 $25,830 $4,900 $30,730 $1,368
2020 $21,180 $4,900 $26,080 $1,307
2019 $21,180 $4,900 $26,080 $1,308
2018 $21,180 $4,900 $26,080 $1,298
2017 $24,850 $6,230 $31,080 $1,649
2016 $24,850 $6,230 $31,080 $1,551
2015 $24,850 $6,230 $31,080 $1,553
2014 $24,850 $6,230 $31,080 $1,551
2013 $24,850 $6,230 $31,080 $1,541
2012 $24,850 $6,230 $31,080 $1,540
2011 $28,880 $6,790 $35,670 $1,655
2010 $28,880 $6,790 $35,670 $1,601
2009 $28,875 $6,790 $35,665 $1,601
2008 $30,380 $7,140 $37,520 $1,616
2007 $30,380 $7,140 $37,520 $1,614

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,444 sqft
Lot size
6,368 sqft
ZIP code
44266
City
Ravenna
Street
Madison St
Coordinates
41.15636, -81.25704

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 248 Madison St last sell?
248 Madison St most recently sold on Dec 16, 2021 for $115,000.
What is the current tax assessment for 248 Madison St?
The most recent total assessment for 248 Madison St (year 2025) is $41,930 with $1,902 in property tax.
How does 248 Madison St's assessment compare to its last sale price?
The current assessment is 63.5% below the last sale price of $115,000.
When was 248 Madison St built?
248 Madison St was built in 1900.
How does 248 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 248 Madison St?
248 Madison St is a 3 bed, 3 bath, 1,444 sqft, 6,368 sqft lot single_family.
Is 248 Madison St a flip candidate?
No — 248 Madison St does not appear in our flips dataset.
Is 248 Madison St a tax-appeal candidate?
No — 248 Madison St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.5%
2026 Q3
$224.4K
2026 Q4
$227.7K
ZIP 44266 — Median Price History + Forecast

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