NOT LISTED FOR SALE

229 Jefferson St Painesville, OH 44077

Estimated Value: $110,000 - $131,000

3 Beds
1.5 Baths
1,434 Sq Ft
$83/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2023

Last sale price $100,000 $70 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $747 / mo

39 Days on Market

Highlights

  • Colonial Architecture
  • Park or Greenbelt View
  • Community Playground
  • Community Lake
  • Porch
  • 3-minute walk to Morse Park

About This Home

As of May 2023

Newly and beautifully renovated! Open floorplan; New half bath 1st fl; terrific laundry room 1st fl + new washer/dryer; replacement windows; new doors/fixtures; cozy front porch; quiet and lovely neighborhood. 1/2 mile to Lake Erie College; 1/2 mile to State Rt 2 access; less than 4 miles to Lake Erie beaches; 1 mile to Recreation Park (baseball, soccer, skateboard, picnic); and so much in between! Affordable annual taxes, currently about $100/mo. Hey Investors-rent this to a couple college students for $1500/mo - easy peazy - and net over $1200/mo, after taxes, insurance, maintenance -- almost 15% ROI! At a rent of $1200/mo, the ROI is over 11%. So, what are you waiting for?!

Last Agent to Sell the Property

Christine Jarrell

All Access Realty License #2019006934 Listed on: 02/23/2023

Last Buyer's Agent

Theresa Hadad

McDowell Homes Real Estate Services License #2013004605

McDowell Homes Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1915

Lot Details

  • 4,500 Sq Ft Lot
  • East Facing Home
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Park or Greenbelt Views
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 15-D-007-0-00-021-0

Community Details

Overview

  • Painesville Community
  • Community Lake

Amenities

  • No Laundry Facilities

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,210

Year Built

Built in 1915

Lot Details

4,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 100.81
  • Estimated Price per Sq Ft: 100.81
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 992
  • Year Built: 1915
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 992.00
  • Sq Ft Approx Below Grade Finished: 442.00
  • Sq Ft Approx Total Finished: 1434.00

Exterior Features

  • View: Park
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Lake, Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Painesville

Schools

  • School District: Painesville City LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1033
  • Parcel Number: 15-D-007-0-00-021-0
  • LandLeaseYN: No

Tax Info

  • Tax: 1210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
May 4, 2023
Sold by
Lake Erie Ventures Llc
Bought by
Keogh Raymond
Seller's Agent
Christine Jarrell
All Access Realty
Buyer's Agent
Theresa Hadad
McDowell Homes Real Estate Services
List Price
$134,900
Sold Price
$100,000
Premium/Discount to List
-$34,900
-25.87%
Views
248
Current Estimated Value
$119,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,185
Avg. Annual Appreciation
6.13%
Original Mortgage
$95,000
Outstanding Balance
$92,014
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$27,171

Purchase Details

Closed on
Sep 26, 2022
Sold by
Spikes Charles J and Spikes Tricia A
Bought by
Lake Erie Ventures Llc

Purchase Details

Closed on
Dec 22, 2000
Sold by
Edwards Rose
Bought by
Spikes Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,980
Interest Rate
7.51%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Martin Elease Tuff
Source: Public Records
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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
Keogh Raymond $100,000 None Listed On Document
Lake Erie Ventures Llc -- Ohio Real Estate Title
Spikes Charles J $33,725 --
Martin Elease Tuff -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keogh Raymond $95,000
Previous Owner Spikes Charles J $26,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Sold $100,000 0.0% $70 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $100,000 -25.9% $70 / Sq Ft
03/25/2023 03/25/23 For Sale $134,900 +34.9% $94 / Sq Ft
03/23/2023 03/23/23 Off Market $100,000 -- --
03/13/2023 03/13/23 Price Changed $134,900 -10.1% $94 / Sq Ft
03/01/2023 03/01/23 Price Changed $150,000 -6.3% $105 / Sq Ft
02/23/2023 02/23/23 For Sale $160,000 -- $112 / Sq Ft
Source: MLS Now

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
2025 -- $28,620 $5,940 $22,680
2024 -- $28,620 $5,940 $22,680
2023 $2,368 $19,120 $4,900 $14,220
2022 $1,210 $19,120 $4,900 $14,220
2021 $1,210 $19,120 $4,900 $14,220
2020 $1,126 $15,930 $4,080 $11,850
2019 $1,137 $15,930 $4,080 $11,850
2018 $1,098 $17,110 $2,800 $14,310
2017 $1,231 $17,110 $2,800 $14,310
2016 $1,224 $17,110 $2,800 $14,310
2015 $1,180 $17,110 $2,800 $14,310
2014 $1,177 $17,110 $2,800 $14,310
2013 $1,172 $17,110 $2,800 $14,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4439517

MLS Now

APN: 15-D-007-0-00-021-0

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