$39,280
SOLD SEP 27, 2019

Kings Path Condominiums 25735 Lorain Rd Unit 315 North Olmsted, OH 44070

2 Beds
1 Bath
792 Sq Ft
3.02 Acres

Recently Sold

$50 Per Sq Ft

16% Below List Price

33 Days on Market

About This Home

As of September 2019

If you are looking for an updated, two- bedroom, zero maintenance, condo, look no further! This beautiful unit has BRAND NEW carpet, and is freshly painted-- nothing to do but move in! Perfectly situated among endless options for entertainment, restaurants, shopping, located directly across from Great Northern Mall- and near transportation (I-480, I-71 and the Ohio Turnpike are minutes away, as well as the airport!)-- it's a no brainer! Why rent when you could own, with none of the headaches. Leasing is also allowed, which means this is a fantastic investment opportunity. Owner is relocating out-of-state-- don't miss this rare opportunity in Kings Path!

Last Agent to Sell the Property

Valerie Corrigan

Russell Real Estate Services License #2015002614 Listed on: 08/14/2019

Russell Real Estate Services

Last Buyer's Agent

Kimberly Kepling

Russell Real Estate Services License #2018000318

Russell Real Estate Services

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • $353 Annual Maintenance Fee
  • Maintenance fee includes Association Insurance, Exterior Building, Gas, Heat, Landscaping, Property Management, Reserve Fund, Sewer, Snow Removal, Trash Removal, Water
  • Kings Path Condo Community

Listing and Financial Details

  • Assessor Parcel Number 236-02-367

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Style: High-Rise, Ranch
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1965
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 4

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Maint Fee Amount: 353.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Association Insurance, Exterior Building, Gas, Heat, Landscaping, Property Management, Reserve Fund, Sewer, Snow Removal, Trash Removal, Water
  • Maint Provider: Lawrence Management
  • Subdivision Complex: Kings Path Condo

Schools

  • School District: North Olmsted CSD
  • School District: North Olmsted CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 236-02-367

Tax Info

  • Tax: 1175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Sep 25, 2019
Sold by
Pasela Michael J
Bought by
Spurgeon Meagan Sophia
Seller's Agent
Valerie Corrigan
Russell Real Estate Services
Buyer's Agent
Kimberly Kepling
Russell Real Estate Services
List Price
$47,000
Sold Price
$39,280
Premium/Discount to List
-$7,720
-16.43%
Current Estimated Value
$71,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,797
Avg. Annual Appreciation
13.24%

Purchase Details

Listed on
Mar 13, 2018
Closed on
Aug 11, 2018
Sold by
Pekar Michael D and Pekar Elizabeth Nina
Bought by
Pasela Michael J
Seller's Agent
Nathan Torok
Russell Real Estate Services
Buyer's Agent
Denise Monaghan
Century 21 Homestar
List Price
$40,000
Sold Price
$44,000
Premium/Discount to List
$4,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.64%

Purchase Details

Listed on
Mar 13, 2018
Closed on
Aug 10, 2018
Sold by
Pasela Michael J
Bought by
Pasela Rebecca A and Pasela Sara K
Seller's Agent
Nathan Torok
Russell Real Estate Services
Buyer's Agent
Denise Monaghan
Century 21 Homestar
List Price
$40,000
Sold Price
$44,000
Premium/Discount to List
$4,000
10%

Purchase Details

Closed on
Jan 22, 2007
Sold by
Emc Mortgage Corp
Bought by
Pekar Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2006
Sold by
Maldonado Moises
Bought by
Emc Mortgage Corp

Purchase Details

Closed on
Aug 17, 2000
Sold by
Ries Robert F
Bought by
Maldonado Moises

Purchase Details

Closed on
Sep 24, 1990
Sold by
Marker David A
Bought by
Ries Robert F

Purchase Details

Closed on
Feb 1, 1978
Sold by
Brockett John T
Bought by
Marker David A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Brockett John T
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
Warranty Deed $39,280 Newman Title
Warranty Deed $44,000 First Source Title Agency
Interfamily Deed Transfer -- None Available
Special Warranty Deed $52,000 Accutitle
Sheriffs Deed $38,667 Attorney
Warranty Deed $49,000 Progressive Land Title
Deed $28,000 --
Deed $24,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $52,000 Purchase Money Mortgage
Previous Owner $31,850 Unknown
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $39,280 -12.7% $50 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
08/24/2019 08/24/19 Price Changed $45,000 -4.3% $57 / Sq Ft
08/14/2019 08/14/19 For Sale $47,000 +6.8% $59 / Sq Ft
08/13/2018 08/13/18 Sold $44,000 0.0% $56 / Sq Ft
04/08/2018 04/08/18 Off Market $44,000 -- --
04/08/2018 04/08/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $40,000 0.0% $51 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $40,000 -- $51 / 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 $1,363 $19,880 $1,995 $17,885
2023 $1,124 $13,760 $1,610 $12,150
2022 $1,118 $13,755 $1,610 $12,145
2021 $1,012 $13,760 $1,610 $12,150
2020 $1,162 $14,000 $1,400 $12,600
2019 $1,131 $40,000 $4,000 $36,000
2018 $1,175 $14,000 $1,400 $12,600
2017 $1,114 $12,220 $1,230 $10,990
2016 $1,105 $12,220 $1,230 $10,990
2015 $1,096 $12,220 $1,230 $10,990
2014 $1,277 $14,040 $1,400 $12,640
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2019

    Valerie Corrigan

    Russell Real Estate Services

    (216) 856-5491

    1 in this area

    91 Total Sales

    Valerie Corrigan
    Section Image
  • Kimberly Kepling

    Buyer's Agent in 2019

    Kimberly Kepling

    Russell Real Estate Services

    (330) 441-2980

    1 in this area

    88 Total Sales

    Kimberly Kepling
    Section Image

  • N

    Seller's Agent in 2018

    Nathan Torok

    Russell Real Estate Services

    (440) 241-6623

    8 in this area

    72 Total Sales

    Nathan Torok
    Section Image
  • Denise Monaghan

    Buyer's Agent in 2018

    Denise Monaghan

    Century 21 Homestar

    (419) 573-9802

    28 Total Sales

    Denise Monaghan
    Section Image
See All Agents

About Kings Path Condominiums

Map

Source: MLS Now

MLS Number: 4125041

MLS Now

APN: 236-02-367

Ohio Cuyahoga County North Olmsted 44070

25735 Lorain Rd Unit 315, North Olmsted, OH

This home is located at 25735 Lorain Rd Unit 315, North Olmsted, OH 44070 and is currently priced at $39,280, approximately $49 per square foot. This property was built in 1965. 25735 Lorain Rd Unit 315 is a home located in Cuyahoga County with nearby schools including Pine Intermediate School, Maple Intermediate Elementary School, and North Olmsted Middle 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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