Property Description

Value is in the land. This nearly 52-acre parcel in Ravenna Township has easy access to Route 14 and offers endless possibilities for development. This is so much more than a hobby farm. The fixer of a farmhouse is occupied by tenants that have lived in the home for almost 30 years. The home has a new roof but is in need of extensive repair inside and out. Home is being sold as-is and seller will not consider repairs. Tenants do not have a current lease and are prepared to move if necessary. 10 acres is currently seeded by a neighboring farm. CAUV tax recoupment to be assumed by buyer. Mineral rights are currently leased (two gas wells on the property). This lease will transfer to the buyer.

7005 Infirmary Road | MLS# 5210839

This single family home located at 7005 Infirmary Road, Ravenna, OH 44266 is currently listed for sale with an asking price of $425,000. This property was built in 1930 and has 4 bedrooms and 2 full baths with 1609 sq. ft. Infirmary Road is located within the Ravenna City school district. Search Ravenna real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Basement: Partial, Unfinished

Cooling: None

Heating: Forced Air, Oil

Home Style: Colonial, Conventional

Lot Size: 51.82 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $1,978 / year

Year Built: 1930

Feature Descriptions

Exterior: Board & Batten Siding

Lot: Agricultural

Parcel#: 292060000006000

Parking: Driveway

Patio/Porch: Front Porch, Side Porch

Sewer: Septic Tank

Water: Well

Local Schools

School District: Ravenna City

Market Trends

Portage County Residential Market Trend Graphs

Zip Code 44266

Source: Delta Media Group, Inc.

Demographics

Portage County Demographic Information for 7005 Infirmary Road, Ravenna, OH 44266

Fips

Fips Code 39133

Population

2020 to 2025 Change up 1.0%

2010 Count 161,419

2020 Count 161,791

2025 Estimate (V2025) 163,404

2020 Estimate (V2025) 161,796

Age Distribution (Years Old)

0 to 4 4.5%

5 to 17 17.8%

18 to 64 58.5%

65 and Older 19.2%

Gender

Male 49.3%

Female 50.7%

Place of Birth

Foreign 3.7%

US 96.3%

Education

High School Graduate, Age 25+ 92.9%

Bachelor's Degree or Higher, Age 25+ 32.5%

Computer and Internet use

Households with a computer 95.7%

Households with a broadband Internet subscription 89.8%

Language

English is Second Language, Age 5+ 4.5%

English is First Language, Age 5+ 95.5%

Veterans

Veterans 8,134

Income

Per Capita Income $40,483

Median Household Income $75,766

People in Poverty 11.7%

Commute

Average Work Commute Time 25 minutes

Housing

Total Housing Units 71,416

Households 65,249

Average Household Size 2.37

Owner-Occupied 70.1%

Multi-Family 22.1%

Owner-Occupied Median Value $227,000

Median selected monthly owner costs -with a mortgage $1,578

Median selected monthly owner costs -without a mortgage $611

Median gross rent $1,064

Building Permits

New Private Housing Issued 2024 200

Years at Residence

1 Year or More 87.0%

Less Than 1 Year 13.0%

Business and Employment

Private non-farm Establishments 3,051

Private non-farm Employment 48,660

Private non-farm Employment Growth down 0.1%

Nonemployer Establishments 11,742

Number of Firms 2,004

Business Production

Value of Shipments $3,414,065,000

Wholesale Trade $2,552,575,000

Retail Trade $2,382,688,000

Retail Sales Per Capita $12,043

Accommodation and Food Services $268,582,000

Land

Land Area 487.38 sq. miles

Population Per Square Mile 332

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,471.47 per month $2,182.68 Principal & Interest $164.83 Property Tax $123.96 Homeowner's Insurance

Change Payment Information

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7005 Infirmary RoadRavenna, OH 44266