NOT LISTED FOR SALE

508 E Main St Madison, OH 44057

Estimated Value: $194,000 - $212,000

3 Beds
1.5 Baths
1,082 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $180,000 $166 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,506/month

3 Days on Market

Highlights

  • 6.59 Acre Lot
  • Enclosed Patio or Porch
  • Heating System Uses Steam
  • 2 Car Detached Garage

About This Home

As of April 2023

Come visit this charming Heritage-plaqued Farmhouse situated on 6.5 acres. Wonderful canvas to add your personal touches & call your own. Cosmetic updates needed. Step into the enclosed Porch/Mudroom and enter into the welcoming Kitchen-Dining Room combo. 1st Floor also includes a spacious Living Room, 13x10 Bedroom and a half Bath. On the 2nd level you'll find 2 additional Bedrooms, a full Bath & a huge walk-in Closet that would make a great Office, if needed. An oversized 24x28 detached Garage, 25x28 Patio, newer metal Roof, vinyl Windows, partially paved circular drive, & city water/sewer add up to a wonderful place to call home. Close to I90 & a leisurely walk to Madison Village.

Last Agent to Sell the Property

Michael Warren

Howard Hanna License #2007000330 Listed on: 03/07/2023

Howard Hanna

Co-Listed By

Jan Warren

Deleted Agent License #268167

Last Buyer's Agent

Michael Warren

Howard Hanna License #2007000330 Listed on: 03/07/2023

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1847

Lot Details

  • 6.59 Acre Lot
  • Lot Dimensions are 199x1800

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,082 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • Paine Community

Listing and Financial Details

  • Assessor Parcel Number 02-A-004-0-00-010-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,887

Year Built

Built in 1847

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Price Per Square Foot: 166.36
  • Estimated Price per Sq Ft: 166.36
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1082
  • Year Built: 1847
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1847

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1082.00
  • Sq Ft Approx Total Finished: 1082.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Enclosed Patio/Porch, Patio, Porch
  • Roof: Metal

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Paine

Schools

  • School District: Madison LSD

Lot Info

  • Lot Dimensions: 199x1800
  • Lot Size Units: Acres
  • Acres: 6.5850
  • Parcel Number: 02-A-004-0-00-010-0
  • LandLeaseYN: No

Tax Info

  • Tax: 2887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 5, 2023
Sold by
Teare James R
Bought by
Forster Robert R and Sency Andrea C
Seller's Agent
Michael Warren
Howard Hanna
Buyer's Agent
Michael Warren
Howard Hanna
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Views
37
Current Estimated Value
$205,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,356
Avg. Annual Appreciation
4.96%
Original Mortgage
$174,600
Outstanding Balance
$169,658
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$35,698

Purchase Details

Closed on
Jan 9, 2021
Sold by
Teare James R and Teare Nancy V
Bought by
Teare James R and Teare Nancy R

Purchase Details

Closed on
Sep 14, 2009
Sold by
Robare Curtis and Robare Curtis E
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Dec 27, 2006
Sold by
Teare Nancy V and Teare James R
Bought by
Erie Homes Llc

Purchase Details

Closed on
Dec 21, 2006
Sold by
Teare Nancy V and Claypool Nancy V
Bought by
Teare James R and Teare Nancy

Purchase Details

Closed on
Dec 19, 2002
Sold by
Claypool Nancy V and Claypool Nancy V
Bought by
Teare Nancy

Purchase Details

Closed on
Feb 20, 1986
Bought by
Claypool Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Forster Robert R $180,000 Enterprise Title
Teare James R -- Mcdowell Brouse
American Home Mortgage Servicing Inc $94,000 None Available
Erie Homes Llc $142,000 First American Title
Teare James R -- First American Title
Teare Nancy -- --
Claypool Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forster Robert R $174,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $180,000 +0.1% $166 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $179,900 -- $166 / 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 -- $66,260 $27,110 $39,150
2023 $5,156 $50,080 $20,660 $29,420
2022 $2,409 $50,080 $20,660 $29,420
2021 $2,400 $50,080 $20,660 $29,420
2020 $2,196 $42,000 $17,490 $24,510
2019 $2,198 $42,000 $17,490 $24,510
2018 $2,350 $39,630 $17,220 $22,410
2017 $2,097 $39,630 $17,220 $22,410
2016 $1,937 $39,630 $17,220 $22,410
2015 $1,747 $39,630 $17,220 $22,410
2014 $1,790 $39,630 $17,220 $22,410
2013 $1,676 $39,630 $17,220 $22,410
Source: Public Records

Agents Affiliated with this Home

  • Michael Warren

    Seller's Agent in 2023

    Michael Warren

    Howard Hanna

    (440) 667-7046

    148 in this area

    258 Total Sales

    Michael Warren
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jan Warren

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 4434606

MLS Now

APN: 02-A-004-0-00-010

Ohio Lake County Madison 44057

508 E Main St, Madison, OH

Not Listed for Sale

Detached

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