NOT LISTED FOR SALE

Kings Path Condominiums 25735 Lorain Rd Unit 517 North Olmsted, OH 44070

Estimated Value: $56,000 - $71,000

2 Beds
1 Bath
792 Sq Ft
$467/mo HOA Fee

Last Sold March 22, 2024

Last sale price $50,000 $63 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $905/month

5 Days on Market

Highlights

  • 3.02 Acre Lot
  • Forced Air Heating and Cooling System
  • High-Rise Condominium
  • North Olmsted Middle School Rated 9+

About This Home

As of March 2024

Opportunity awaits! Welcome to Unit 517 at 25735 Lorain Road, North Olmsted, OH. This 2-bedroom, 1-bathroom condo presents an exceptional opportunity for those seeking potential to add value to a property in the outstanding suburb of North Olmsted. The condo is located in the heart of the city with a ton of restaurants, shopping, community amenities and quick highway access for just a short drive to almost everything NE Ohio has to offer. The living area welcomes natural light and the bedrooms are sized very nicely for the size of the condo! Laundry is available on your floor and parking is outside on-site. The maintenance fee covers nearly every utility. Leasing is allowed. Make your appointment today!

Last Agent to Sell the Property

Jeffrey McManamon

Hotdoors, LLC Brokerage Email: jeff@hotdoors.com 440-227-6739 License #2020007471 Listed on: 03/05/2024

Last Buyer's Agent

Brian Salem

EXP Realty, LLC. License #2002000786

EXP Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1965

Lot Details

  • 3.02

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 236-02-421

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, reserve fund, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Kings Path Condo Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,130

Year Built

Built in 1965

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1965
  • Attribution Contact: jeff@hotdoors.com 440-227-6739
  • Reso Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Sewer, Snow Removal, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Kings Path Condo
  • Above Grade Finished Sq Ft: 792.0
  • Architectural Style: High Rise, Ranch
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: No
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1
  • Stories: 5

Exterior Features

  • Roof: Flat
  • Acres: 3.0214
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outside

Utilities

  • LaundryFeatures: In Hall, Multiple Locations
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee: 467.4
  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: North Olmsted CSD - 1820

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 236-02-421
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: No

Tax Info

  • Tax Annual Amount: 1130.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Mar 21, 2024
Sold by
Ceres Enterprises Llc
Bought by
Greene Andrea and Greene Wesley
Seller's Agent
Jeffrey McManamon
Hotdoors, LLC
Buyer's Agent
Brian Salem
EXP Realty, LLC.
List Price
$50,000
Sold Price
$50,000
Views
81
Current Estimated Value
$63,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,678
Avg. Annual Appreciation
15.69%

Purchase Details

Listed on
Nov 21, 2017
Closed on
Dec 15, 2017
Sold by
Skalak Frances
Bought by
Ceres Enterprises Llc
Seller's Agent
Patricia Brelo
Russell Real Estate Services
Buyer's Agent
Patricia Brelo
Russell Real Estate Services
List Price
$34,000
Sold Price
$34,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Sep 26, 1985
Sold by
Michalko Rose M
Bought by
Bartolozzi Joseph and Bartolozzi Rose

Purchase Details

Closed on
Jun 7, 1978
Sold by
Michalko Edward J and Michalko Rose M
Bought by
Michalko Rose M

Purchase Details

Closed on
Jul 22, 1975
Bought by
Michalko Edward J and Michalko Rose M

Purchase Details

Closed on
Jan 1, 1975
Bought by
Westerly Towers Co
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
Greene Andrea $50,000 Cleveland Home Title
Ceres Enterprises Llc $34,000 Revere Title
Bartolozzi Joseph $25,600 --
Michalko Rose M -- --
Michalko Edward J $20,100 --
Westerly Towers Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Andrea $31,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $50,000 0.0% $63 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $50,000 +47.1% $63 / Sq Ft
12/21/2017 12/21/17 Sold $34,000 0.0% $47 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $34,000 -- $47 / 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 $1,224 $17,500 $1,960 $15,540
2023 $1,135 $13,620 $1,370 $12,250
2022 $1,130 $13,615 $1,365 $12,250
2021 $1,025 $13,620 $1,370 $12,250
2020 $1,015 $11,940 $1,190 $10,750
2019 $988 $34,100 $3,400 $30,700
2018 $1,002 $11,940 $1,190 $10,750
2017 $929 $10,190 $1,020 $9,170
2016 $921 $10,190 $1,020 $9,170
2015 $1,067 $10,190 $1,020 $9,170
2014 $1,067 $11,730 $1,160 $10,570
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey McManamon

    Seller's Agent in 2024

    Jeffrey McManamon

    Hotdoors, LLC

    (440) 227-6739

    2 in this area

    185 Total Sales

    Jeffrey McManamon
    Section Image
  • Brian Salem

    Buyer's Agent in 2024

    Brian Salem

    EXP Realty, LLC.

    (216) 244-2549

    26 in this area

    512 Total Sales

    Brian Salem
    Section Image

  • M

    Buyer Co-Listing Agent in 2024

    Mary Keohane

    EXP Realty, LLC.

    (440) 570-6427

    1 in this area

    10 Total Sales

    Mary Keohane
    Section Image
  • Patricia Brelo

    Seller's Agent in 2017

    Patricia Brelo

    Russell Real Estate Services

    (440) 915-1795

    9 Total Sales

    Patricia Brelo
    Section Image
See All Agents

About Kings Path Condominiums

Map

Source: MLS Now

MLS Number: 5021543

MLS Now

APN: 236-02-421

Ohio Cuyahoga County North Olmsted 44070

25735 Lorain Rd Unit 517, North Olmsted, OH

This home is located at 25735 Lorain Rd Unit 517, North Olmsted, OH 44070 since 05 March 2024 and is currently estimated at $63,678, approximately $80 per square foot. This property was built in 1965. 25735 Lorain Rd Unit 517 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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