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4116 Summit Rd

Ravenna, OH 44266

3 bd 2 ba 1,834 sqft Built 1960 Lot 33,541 sqft single_family
Most recent sale
$250,000
Dec 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 12, 2022 Sold $250,000 MLSNOW

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,500 $6,830 $47,330 $2,428
2024 $40,500 $6,830 $47,330 $2,121
2023 $40,110 $7,320 $47,430 $2,470
2022 $40,110 $7,320 $47,430 $2,009
2021 $40,110 $7,320 $47,430 $1,993
2020 $31,570 $7,320 $38,890 $1,763
2019 $31,570 $7,320 $38,890 $1,762
2018 $31,570 $7,320 $38,890 $1,751
2017 $25,270 $7,320 $32,590 $1,464
2016 $25,270 $7,320 $32,590 $1,340
2015 $25,270 $7,320 $32,590 $1,342
2014 $25,270 $7,320 $32,590 $1,353
2013 $25,270 $7,320 $32,590 $1,345
2012 $25,270 $7,320 $32,590 $1,338
2011 $31,050 $9,520 $40,570 $1,663
2010 $31,050 $9,520 $40,570 $1,608
2009 $31,045 $9,520 $40,565 $1,608
2008 $32,690 $10,010 $42,700 $1,633
2007 $32,690 $10,010 $42,700 $1,631

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,834 sqft
Lot size
33,541 sqft
ZIP code
44266
City
Ravenna
Street
Summit Rd
Coordinates
41.13836, -81.24491

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
$2,751
Gross rental yield
13.20%
Implied cap rate
8.58%
Trend-extrapolated value

Frequently asked questions

When did 4116 Summit Rd last sell?
4116 Summit Rd most recently sold on Dec 12, 2022 for $250,000.
What is the current tax assessment for 4116 Summit Rd?
The most recent total assessment for 4116 Summit Rd (year 2025) is $47,330 with $2,428 in property tax.
How does 4116 Summit Rd's assessment compare to its last sale price?
The current assessment is 81.1% below the last sale price of $250,000.
When was 4116 Summit Rd built?
4116 Summit Rd was built in 1960.
How does 4116 Summit Rd compare to others on Summit Rd?
We track 8 other properties on Summit Rd. Browse the list under "Other properties on Summit Rd" to compare beds, baths, and sale history.
What are the property facts for 4116 Summit Rd?
4116 Summit Rd is a 3 bed, 2 bath, 1,834 sqft, 33,541 sqft lot single_family.
Is 4116 Summit Rd a flip candidate?
No — 4116 Summit Rd does not appear in our flips dataset.
Is 4116 Summit Rd a tax-appeal candidate?
No — 4116 Summit Rd 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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