NOT LISTED FOR SALE

505 Bishop Place Berea, OH 44017

Estimated Value: $402,349 - $463,000

4 Beds
3.5 Baths
3,581 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $342,000 $96 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,967/month

20 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Cul-De-Sac
  • Deck
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Phenomenal Find!! Spacious, move in ready colonial located on a cul-de-sac in Berea. From the foyer to the gracious living room this Spectacular Colonial says Welcome Home And warmly invites your guests for dinner in the formal dining room. After dinner retire to the Lovely family room featuring a gas fireplace with floor to ceiling chimney or join friends on the beautifully maintained deck for quiet space surrounded by landscaping. When it’s just the family, the morning room is a great place to enjoy breakfast lunch or dinner served up from your spacious kitchen featuring granite counter tops and stainless steel appliances. When it’s time to retire, head upstairs where you’ll find the owners suite replete with jetted bathtub and a stand up shower ready for your personal down time PLUS 3 additional amply sized bedrooms and another full bath. The partially finished basement features a full bath, making it the perfect place for overnight guests and a great place for entertainment, game night, movie night or just hanging out . Walking distance to Midpark High School, Baldwin Wallace University and Cleveland Metro Parks and just a short drive to Hopkins International Airport. Call for your personal showing!

Last Agent to Sell the Property

Corinne Bozin-Grizzell

HomeSmart Real Estate Momentum LLC License #360985 Listed on: 05/20/2022

HomeSmart Real Estate Momentum LLC

Co-Listed By

Ingrid Grizzell

Deleted Agent License #2012001767

Last Buyer's Agent

Larry Steinbacher

Century 21 Transcendent Realty License #2011000179

Century 21 Transcendent Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,424

Year Built

  • Built in 1991

Lot Details

  • 5,998 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Association fees include trash removal
  • Bonds Pkwy Community

Listing and Financial Details

  • Assessor Parcel Number 362-22-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,424

Year Built

Built in 1991

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 126.25
  • Estimated Price per Sq Ft: 126.25
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2709
  • Year Built: 1991
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Partially Finished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2709.00
  • Sq Ft Approx Below Grade Finished: 872.00
  • Sq Ft Approx Total Finished: 3581.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Sprinkler/Irrigation
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Bishop
  • Subdivision Complex: Bonds Pkwy

Fee Information

  • HOA Fee Includes: Trash Removal

Schools

  • School District: Berea CSD

Lot Info

  • Lot Description: Cul de Sac
  • Lot Size Units: Acres
  • Acres: 0.1377
  • Parcel Number: 362-22-048
  • LandLeaseYN: No

Tax Info

  • Tax: 6424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 27, 2022
Sold by
Elaine Mccreary Doris and Elaine Leroy
Bought by
Smith James
Seller's Agent
Corinne Bozin-Grizzell
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Larry Steinbacher
Century 21 Transcendent Realty
List Price
$355,000
Sold Price
$342,000
Premium/Discount to List
-$13,000
-3.66%
Current Estimated Value
$424,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,837
Avg. Annual Appreciation
6.49%
Original Mortgage
$335,805
Outstanding Balance
$321,796
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$103,041

Purchase Details

Closed on
Apr 17, 1992
Bought by
Mccreary Leroy

Purchase Details

Closed on
Mar 10, 1992
Bought by
The W Bishop Co

Purchase Details

Closed on
Jan 1, 1991
Bought by
New Concord Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith James $342,000 Chicago Title
Mccreary Leroy $166,800 --
The W Bishop Co $46,500 --
New Concord Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith James $335,805
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $342,000 -3.7% $96 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $355,000 -- $99 / 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 $8,640 $119,980 $17,710 $102,270
2023 $7,109 $94,400 $16,310 $78,090
2022 $6,479 $94,395 $16,310 $78,085
2021 $6,424 $94,400 $16,310 $78,090
2020 $6,138 $80,010 $13,830 $66,190
2019 $6,727 $228,600 $39,500 $189,100
2018 $5,948 $80,010 $13,830 $66,190
2017 $6,170 $77,110 $13,060 $64,050
2016 $6,124 $77,110 $13,060 $64,050
2015 $5,619 $77,110 $13,060 $64,050
2014 $5,619 $74,870 $12,670 $62,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4375280

MLS Now

APN: 362-22-048