$29,900
SOLD JAN 10, 2025

1220 Madison Ave Painesville, OH 44077

0.78 Acre
$38,333 Price per Acre
33,977 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

9 Days on Market

Highlights

  • 0.78 Acre Lot
  • Secluded Lot
  • No HOA

About This Lot

As of January 2025

Secluded corner lot. Water, sewer, electric, and gas available. Taxes are estimated based upon taxes of the lot that had no structure on it. Lake County Land Bank recently had demolished the dwelling on PP#11-A-022-0-00-012-0 During the first 30 days a property is listed, the seller will consider purchase offers from owner occupants or public entities. Buyers intending to purchase the property for investment or similar purposes may submit offers to the listing agent and seller will consider them after the initial 30 listing days have expired. This ongoing initiative offers owner-occupant homebuyers in the community the ability to purchase without competition from investors. The purchaser does not need to be a first-time homebuyer to be eligible provided, however, that they are buying the home as their primary residence and will be required to sign an Owner Occupant form. First Look expires on 12/2/2024

Last Agent to Sell the Property

Kathy Holmes

All Points Realty Brokerage Email: 440-703-6339 Kathy@allpointsrealty.us License #2004020439 Listed on: 10/30/2024

Co-Listed By

Amber Anderson

Homegenius Real Estate Brokerage Email: 440-703-6339 Kathy@allpointsrealty.us License #2022001310

Last Buyer's Agent

Kathy Holmes

All Points Realty Brokerage Email: 440-703-6339 Kathy@allpointsrealty.us License #2004020439 Listed on: 10/30/2024

Property Details

Property Type

  • Land

Lot Details

  • 0.78 Acre Lot
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • 11-A-022-0-00-011-0

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 11-A-022-0-00-012-0

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Attribution Contact: 440-703-6339 Kathy@allpointsrealty.us
  • ResoLotFeatures: Corner Lot, Flat, Level, Secluded
  • Co List Office Mls Id: 9157
  • Co List Office Phone: 877-500-1415
  • ResoSpecialListingConditions: Real Estate Owned
  • Tax Year: 2023
  • Property Sub Type Additional: Residential
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.78

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Riverside LSD Lake- 4306

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 11-A-022-0-00-012-0
  • Additional Parcels Description: 11-A-022-0-00-011-0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax Annual Amount: 2237.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Dec 17, 2024
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Love Justin R
Seller's Agent
Kathy Holmes
All Points Realty
Buyer's Agent
Kathy Holmes
All Points Realty
List Price
$29,900
Sold Price
$29,900
Views
3
Current Estimated Value
$172,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,128
Avg. Annual Appreciation
1016.34%

Purchase Details

Closed on
Jun 17, 2024
Sold by
Sheriff Of Lake County
Bought by
Federal Home Loan Mtg Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $29,900 Title365
Special Warranty Deed $29,900 Title365
Sheriffs Deed $60,405 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $29,900 0.0% $11 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $29,900 -- $11 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $5,230 $5,230 --
2023 $3,219 $62,700 $16,020 $46,680
2022 $3,165 $62,700 $16,020 $46,680
2021 $3,177 $62,700 $16,020 $46,680
2020 $3,054 $54,520 $13,930 $40,590
2019 $3,077 $54,520 $13,930 $40,590
2018 $6,206 $48,880 $13,800 $35,080
2017 $2,791 $48,880 $13,800 $35,080
2016 $2,458 $48,880 $13,800 $35,080
2015 $2,297 $48,880 $13,800 $35,080
2014 $2,335 $48,880 $13,800 $35,080
2013 $2,282 $48,880 $13,800 $35,080
Source: Public Records

Agents Affiliated with this Home

  • Kathy Holmes

    Seller's Agent in 2025

    Kathy Holmes

    All Points Realty

    (440) 812-5169

    12 in this area

    188 Total Sales

    Kathy Holmes
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Amber Anderson

    Homegenius Real Estate

    (313) 274-7130

    2 in this area

    137 Total Sales

    Amber Anderson
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5082035

MLS Now

APN: 11-A-022-0-00-012

Ohio Lake County Painesville 44077

1220 Madison Ave, Painesville, OH

This home is located at 1220 Madison Ave, Painesville, OH 44077 and is currently priced at $29,900, approximately $11 per square foot. 1220 Madison Ave is a home located in Lake County with nearby schools including Henry F. Lamuth Middle School, Riverside Junior/Senior High School, and Summit Academy Community School - Painesville.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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