NOT LISTED FOR SALE

296 Fairfield Rd Painesville, OH 44077

Estimated Value: $369,000 - $432,000

4 Beds
2.5 Baths
2,534 Sq Ft
$156/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $320,000 $126 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,503/month

2 Days on Market

Highlights

  • Medical Services
  • 1.01 Acre Lot
  • Wooded Lot
  • View of Trees or Woods
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of April 2021

Everyone loves this street! Sitting pretty on Fairfield, this spacious split-colonial has 4 levels of room for everyone! Boasting a lovely great room with fireplace, and a huge Family room with a fireplace, you'll want to entertain often in this home! There are 4 very generous bedrooms with loads of closet space and ample additional storage. A bright and cheery dining room is not just for holidays, but an everyday space that overlooks the beautiful yard. The master has a private bath, and there is also a large updated family bath and a 1/2 bath for guests. Roof, Hot water tank, and Heating systems have all been replaced within the last 2 years! Heating system features 3 zoned, programmable thermostats for ultimate comfort. Basement level is a great space with a walk out, and abundant natural light perfect for crafting, gym, or workshop with lots of built in storage. The yard is spacious enough for a football game, yet private and intimate with flagstone walkways and accents. (This home has enough acreage so buyer can split the lot to sell, Township says yes it is biuild-able!) Come and be our guest. Visit soon!

Last Agent to Sell the Property

Doris Wright

HomeSmart Real Estate Momentum LLC License #2005011105 Listed on: 03/08/2021

HomeSmart Real Estate Momentum LLC

Co-Listed By

Michael Wright

HomeSmart Real Estate Momentum LLC License #2005012296

Last Buyer's Agent

Lisa Thoreson

Elite Sotheby's International Realty License #440227

Elite Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,039

Year Built

  • Built in 1960

Lot Details

  • 1.01 Acre Lot
  • East Facing Home
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Split Level Home
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,534 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Views of Woods

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 11-A-012-A-08-005-0

Community Details

Overview

  • Cherry Farm Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,039

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial, Contemporary/Modern, Split Level
  • House Faces: East
  • Price Per Square Foot: 126.28
  • Estimated Price per Sq Ft: 126.28
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2534
  • Year Built: 1960
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 12
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2534.00
  • Sq Ft Approx Total Finished: 2534.00

Exterior Features

  • View: Wooded
  • Exterior: Stone, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Medical Service, Park, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Cherry Farm

Schools

  • School District: Riverside LSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.0100
  • Parcel Number: 11-A-012-A-08-005-0

Tax Info

  • Tax: 5039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Colson Larry E and Colson Rosemary M
Bought by
Colson Family Trust and Colson
Current Estimated Value
$395,093

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 28, 2021
Sold by
Moeckel Bryant P and Rihar Catharine E
Bought by
Colson Larry E and Colson Rosemary M
Seller's Agent
Doris Wright
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Lisa Thoreson
Elite Sotheby's International Realty
List Price
$310,000
Sold Price
$320,000
Premium/Discount to List
$10,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$95,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1994
Bought by
Moeckel Bryant R
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
Colson Family Trust -- None Listed On Document
Colson Larry E $320,000 Emerald Glen Title Agency
Moeckel Bryant R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colson Larry E $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $320,000 +3.2% $126 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $310,000 0.0% $122 / Sq Ft
03/08/2021 03/08/21 Price Changed $310,000 -- $122 / 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 -- $93,310 $30,300 $63,010
2023 $5,223 $86,640 $24,200 $62,440
2022 $5,097 $86,640 $24,200 $62,440
2021 $5,115 $86,640 $24,200 $62,440
2020 $5,039 $75,340 $21,040 $54,300
2019 $5,077 $75,340 $21,040 $54,300
2018 $5,093 $60,640 $18,310 $42,330
2017 $4,236 $60,640 $18,310 $42,330
2016 $3,733 $60,640 $18,310 $42,330
2015 $3,471 $60,640 $18,310 $42,330
2014 $3,528 $60,640 $18,310 $42,330
2013 $3,448 $60,640 $18,310 $42,330
Source: Public Records

Agents Affiliated with this Home

  • Doris Wright

    Seller's Agent in 2021

    Doris Wright

    HomeSmart Real Estate Momentum LLC

    (440) 231-0974

    12 in this area

    92 Total Sales

    Doris Wright
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michael Wright

    HomeSmart Real Estate Momentum LLC

    (440) 231-0977

    8 in this area

    74 Total Sales

    Michael Wright
    Section Image

  • L

    Buyer's Agent in 2021

    Lisa Thoreson

    Elite Sotheby's International Realty

    (440) 247-8900

    1 in this area

    39 Total Sales

    Lisa Thoreson
    Section Image
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Map

Source: MLS Now

MLS Number: 4260580

MLS Now

APN: 11-A-012-A-08-005

Ohio Lake County Painesville 44077

296 Fairfield Rd, Painesville, OH

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