NOT LISTED FOR SALE

2575 Madison Ave Painesville, OH 44077

Estimated Value: $208,000 - $230,772

3 Beds
1.5 Baths
1,280 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $160,000 $125 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,509/month

2 Days on Market

Highlights

  • Corner Lot
  • Shed
  • Property is Fully Fenced
  • Patio
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2022

Move-In Ready Perry Ranch! 3 bedrooms and 2 bathrooms. Desirable one floor living with an open concept living room, dining room, kitchen boasts plenty of natural light! Expansive, completely fenced, level back yard just perfect for entertaining, children and pets. The spacious laundry/mudroom offers custom, built-in storage cabinetry. A new concrete patio was poured and an additional rear access door were just added over the summer. Newer flooring throughout. Both bathrooms remodeled within the last few years. All of the appliances, including newer washer and dryer will convey with the sale. 1 year home warranty is included for the new owner. Seller is also open to leaving some of the living room and bedroom furniture as he has been transferred out of state for work. Very conveniently located with quick access to I-90 and within the Perry School district. USDA eligible. Terrific opportunity for a first-time home buyer or an empty-nester!

Last Agent to Sell the Property

Joseph Zingales

Berkshire Hathaway HomeServices Professional Realty License #2013000048 Listed on: 12/10/2021

Berkshire Hathaway HomeServices Professional Realty

Co-Listed By

Wendy Priscak

HomeSmart Real Estate Momentum LLC License #2017005457

Last Buyer's Agent

Greg Gilson

RE/MAX Results License #2004005672

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1986

Lot Details

  • 0.54 Acre Lot
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Madison Ave Estates Community

Listing and Financial Details

  • Assessor Parcel Number 03-A-002-A-00-022-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,059

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 125.00
  • Estimated Price per Sq Ft: 125.00
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1280
  • Year Built: 1986
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1986

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 6
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1280.00
  • Sq Ft Approx Total Finished: 1280.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Patio, Shed
  • Fences: Full, Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Madison Ave Estates

Schools

  • School District: Perry LSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.5380
  • Parcel Number: 03-A-002-A-00-022-0

Tax Info

  • Tax: 2059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 14, 2022
Sold by
Somers and Bonna
Bought by
Chaykosky Catherine
Seller's Agent
Joseph Zingales
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Greg Gilson
RE/MAX Results
List Price
$152,900
Sold Price
$160,000
Premium/Discount to List
$7,100
4.64%
Current Estimated Value
$214,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,943
Avg. Annual Appreciation
8.10%
Original Mortgage
$120,000
Outstanding Balance
$110,595
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$104,348

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 8, 2021
Sold by
Spancler Jacob T and Taylor Emily M
Bought by
Somers John
Seller's Agent
Frank Slemc
CENTURY 21 Asa Cox Homes
Buyer's Agent
Joseph Zingales
Berkshire Hathaway HomeServices Professional Realty
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%

Purchase Details

Listed on
Jan 29, 2018
Closed on
Apr 18, 2018
Sold by
Ortega Perez Elizabeth A Orteza and Ortega Perez Josue D
Bought by
Spangler Jacob T and Taylor Emily M
Seller's Agent
Jennifer Allen
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Judie Crockett
Howard Hanna
List Price
$144,900
Sold Price
$132,000
Premium/Discount to List
-$12,900
-8.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$125,400
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Krajacic George J and Estate Of Theresa M Sharpe
Bought by
Perez Elizabeth A Ortega

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Chaykosky Catherine $160,000 None Listed On Document
Chaykosky Catherine $160,000 None Listed On Document
Somers John $140,000 None Available
Spangler Jacob T $132,000 None Available
Perez Elizabeth A Ortega $117,000 Ohio Real Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaykosky Catherine $120,000
Closed Chaykosky Catherine $120,000
Previous Owner Spangler Jacob T $125,400
Previous Owner Perez Elizabeth A Ortega $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2022 01/14/22 Sold $160,000 +4.6% $125 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $152,900 +9.2% $119 / Sq Ft
04/09/2021 04/09/21 Sold $140,000 -3.4% $109 / Sq Ft View Prior Sale
02/18/2021 02/18/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $144,900 +9.8% $113 / Sq Ft
04/20/2018 04/20/18 Sold $132,000 -2.1% $103 / Sq Ft View Prior Sale
03/19/2018 03/19/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $134,900 -3.6% $105 / Sq Ft
02/14/2018 02/14/18 Price Changed $139,900 -3.5% $109 / Sq Ft
02/02/2018 02/02/18 For Sale $144,900 -- $113 / 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 -- $71,500 $14,530 $56,970
2023 $4,543 $52,600 $12,610 $39,990
2022 $2,468 $52,600 $12,610 $39,990
2021 $2,315 $52,600 $12,610 $39,990
2020 $2,058 $42,080 $10,090 $31,990
2019 $2,060 $42,080 $10,090 $31,990
2018 $1,897 $38,100 $11,980 $26,120
2017 $1,857 $38,100 $11,980 $26,120
2016 $2,158 $38,100 $11,980 $26,120
2015 $1,824 $38,100 $11,980 $26,120
2014 $1,790 $38,100 $11,980 $26,120
2013 $1,788 $38,100 $11,980 $26,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4337341

MLS Now

APN: 03-A-002-A-00-022