NOT LISTED FOR SALE

490 S State St Painesville, OH 44077

Estimated Value: $167,000 - $178,551

3 Beds
2 Baths
1,820 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $130,000 $71 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,090/month

25 Days on Market

Highlights

  • City View
  • East Facing Home
  • 4-minute walk to State Street Park
  • Forced Air Heating System

About This Home

As of December 2021

Recently remodeled first floor apartment has all new flooring, freshly painted walls and woodwork. Newer windows and kitchen cabinets and overhead lights. Utility room is equipped with washer and dryer hook ups, gas or electric. the basement can be accessed from the front hall. Both units have newer gas fired forced air furnaces and gas hot water tanks and separate electrical breaker boxes. The back yard is enclosed with chain link fencing a new concrete parking area for two vehicles. This is move in ready!!!

Last Agent to Sell the Property

Kathleen Cotter

Falvey Realty License #148710 Listed on: 10/02/2021

Last Buyer's Agent

Jose Razo Reynoso

HomeSmart Real Estate Momentum LLC License #2015002254

HomeSmart Real Estate Momentum LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1900

Lot Details

  • 7,349 Sq Ft Lot
  • East Facing Home

Parking

  • Parking Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gages Add Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, pays all, sewer, trash collection, water
  • Assessor Parcel Number 15-B-009-0-00-044-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,101

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 71.43
  • Estimated Price per Sq Ft: 71.43
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1820
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Smoke Detector
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Partial, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1820.00
  • Sq Ft Approx Total Finished: 1820.00

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Parking Lot

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Gages Add

Schools

  • School District: Painesville City LSD
  • School District: Painesville City LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1687
  • Parcel Number: 15-B-009-0-00-044-0

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating, Pays All, Sewer, Trash Collection, Water

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 2101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Dec 2, 2021
Sold by
Gebhart Mary Ann and Gebhart Eugene
Bought by
Razo Reynoso Jose L and Gutierre Morelos Norma
Seller's Agent
Kathleen Cotter
Falvey Realty
Buyer's Agent
Jose Razo Reynoso
HomeSmart Real Estate Momentum LLC
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Current Estimated Value
$171,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,888
Avg. Annual Appreciation
7.17%
Original Mortgage
$97,500
Outstanding Balance
$89,835
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$79,508
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
Razo Reynoso Jose L $43,400 Conway Title
Razo Reynoso Jose L $43,400 Conway Title
Reynoso Jose L Razo $43,900 Conway Ttle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razo Reynoso Jose L $97,500
Closed Razo Reynoso Jose L $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $130,000 -13.3% $71 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $149,900 -- $82 / 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 -- $48,460 $7,320 $41,140
2023 $2,147 $34,100 $6,020 $28,080
2022 $2,167 $34,100 $6,020 $28,080
2021 $2,167 $34,100 $6,020 $28,080
2020 $2,101 $28,900 $5,100 $23,800
2019 $2,120 $28,900 $5,100 $23,800
2018 $2,050 $25,710 $7,890 $17,820
2017 $1,917 $25,710 $7,890 $17,820
2016 $1,908 $25,710 $7,890 $17,820
2015 $1,821 $25,710 $7,890 $17,820
2014 $1,816 $25,710 $7,890 $17,820
2013 $1,809 $25,710 $7,890 $17,820
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kathleen Cotter

    Falvey Realty

    4 in this area

    4 Total Sales

    Kathleen Cotter
    Section Image

  • J

    Buyer's Agent in 2021

    Jose Razo Reynoso

    HomeSmart Real Estate Momentum LLC

    117 in this area

    149 Total Sales

    Jose Razo Reynoso
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4322251

MLS Now

APN: 15-B-009-0-00-044

Ohio Lake County Painesville 44077

490 S State St, Painesville, OH

This home is located at 490 S State St, Painesville, OH 44077 since 02 October 2021 and is currently estimated at $171,888, approximately $94 per square foot. This property was built in 1900. 490 S State St is a home located in Lake County with nearby schools including Chestnut Elementary School, Heritage Middle School, and Harvey High 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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