NOT LISTED FOR SALE

227 Michael Ct Painesville, OH 44077

Estimated Value: $289,159 - $340,000

0.34 Acre
$908,012 Price per Acre
14,898 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $25,600

Est. 1,113% increase in value since last sale

Current estimated payment $1,719/month

1 Day on Market

About This Lot

As of January 2023

Welcome to Michael Ct with 10 lots available priced at $25,600 each. A quiet affordable cul-de-sac street, utilities in & paid for, minutes to Route 44 & Route 2. New construction Tax abatement: It is a 10 year, 100% CRA declining 10% each year over the 10 year period, first year new owner pays taxes on lot only, building tax is abated 100% first year and then building tax abatement declines by 10% each year thereafter.

Last Agent to Sell the Property

Michael Kaim

Real of Ohio License #430767 Listed on: 03/03/2022

Co-Listed By

Jane Kaim

Real of Ohio License #179012

Last Buyer's Agent

Michael Kaim

Real of Ohio License #430767 Listed on: 03/03/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $411

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 45x130x152x174

Location

  • City Lot

Community Details

  • Jackson Newell Community

Listing and Financial Details

  • Assessor Parcel Number 15-C-030-D-00-014-0

Property Details

Property Type

Land

Est. Annual Taxes

$411

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Access: City Street
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 45

Utilities

  • Water/Sewer: Public Water, Public Sewer
  • Utilities Available: Electric, Gas, Sewer, Water

Condo/Co-op/Association

  • Subdivision Complex: Jackson Newell

Schools

  • School District: Painesville City LSD
  • School District: Painesville City Lsd

Lot Info

  • Lot Dimensions: 45x130x152x174
  • Improvements: Electric, Gas, Paved Streets
  • Irregular Lot Yn: Yes
  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.3420
  • Topography: Level, Wooded
  • Parcel Number: 15-C-030-D-00-014-0

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Feb 6, 2023
Sold by
Ryan Homes
Bought by
Gory Donna M
Seller's Agent
Michael Kaim
Real of Ohio
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$25,600
Sold Price
$25,600
Views
53
Current Estimated Value
$310,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,940
Avg. Annual Appreciation
148.64%
Original Mortgage
$275,513
Outstanding Balance
$263,869
Interest Rate
4.63%
Mortgage Type
FHA
Estimated Equity
$46,671

Purchase Details

Closed on
Sep 15, 2022
Sold by
Jackson Newell Company Ltd
Bought by
Richmond Road Properties Llc

Purchase Details

Closed on
Sep 14, 2022
Sold by
Richmond Road Properties Llc
Bought by
Ryan Homes
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 Buyer Sale Price Title Company
Gory Donna M $280,700 None Listed On Document
Richmond Road Properties Llc -- None Listed On Document
Ryan Homes $35,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gory Donna M $275,513
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $25,600 0.0% --
03/04/2022 03/04/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $25,600 -- --
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 -- $78,470 $22,840 $55,630
2023 $852 $6,880 $6,880 $0
2022 $420 $6,880 $6,880 $0
2021 $420 $6,880 $6,880 $0
2020 $407 $5,830 $5,830 $0
2019 $411 $5,830 $5,830 $0
2018 $398 $5,600 $5,600 $0
2017 $399 $5,600 $5,600 $0
2016 $397 $5,600 $5,600 $0
2015 $397 $5,600 $5,600 $0
2014 $395 $5,600 $5,600 $0
2013 $394 $5,600 $5,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Kaim

    Seller's Agent in 2023

    Michael Kaim

    Real of Ohio

    (440) 228-8046

    120 in this area

    1,549 Total Sales

    Michael Kaim
    Section Image
  • Jane Kaim

    Seller Co-Listing Agent in 2023

    Jane Kaim

    Real of Ohio

    (440) 823-2004

    12 in this area

    19 Total Sales

    Jane Kaim
    Section Image
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Map

Source: MLS Now

MLS Number: 4352148

MLS Now

APN: 15-C-030-D-00-014

Ohio Lake County Painesville 44077

227 Michael Ct, Painesville, OH

This home is located at 227 Michael Ct, Painesville, OH 44077 since 03 March 2022 and is currently estimated at $310,540. 227 Michael Ct is a home located in Lake County with nearby schools including Maple Elementary School, Heritage Middle School, and Harvey High School.

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.

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