NOT LISTED FOR SALE

2506 Madison Ave Unit 2506 Painesville, OH 44077

Estimated Value: $173,000 - $204,000

2 Beds
2 Baths
592 Sq Ft
$314/Sq Ft Est. Value

About This Home

This home is located at 2506 Madison Ave Unit 2506, Painesville, OH 44077 and is currently estimated at $185,794, approximately $313 per square foot. 2506 Madison Ave Unit 2506 is a home located in Lake County with nearby schools including Perry Middle School, Perry High School, and Summit Academy Community School - Painesville.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2005
Sold by
Avenue Square Townhouses Ltd
Bought by
Schafer James P and Schafer Judith A
Current Estimated Value
$185,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Schafer James P $139,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schafer James P $65,000
Source: Public Records

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 -- $52,220 $6,050 $46,170
2023 $3,936 $45,570 $5,040 $40,530
2022 $2,171 $45,570 $5,040 $40,530
2021 $2,038 $45,570 $5,040 $40,530
2020 $1,886 $37,980 $4,200 $33,780
2019 $1,888 $37,980 $4,200 $33,780
2018 $1,858 $39,180 $8,750 $30,430
2017 $1,940 $39,180 $8,750 $30,430
2016 $1,928 $39,180 $8,750 $30,430
2015 $1,928 $39,180 $8,750 $30,430
2014 $1,893 $39,180 $8,750 $30,430
2013 $1,892 $39,180 $8,750 $30,430
Source: Public Records

Map

Ohio Lake County Painesville 44077

2506 Madison Ave Unit 2506, Painesville, OH

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