NOT LISTED FOR SALE

516 Fair St Berea, OH 44017

Estimated Value: $248,000 - $275,000

3 Beds
2 Baths
2,288 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $215,000 $94 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,786/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Shed
  • 1 Fireplace
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Nestled in the heart of Berea sits this immaculate and spacious 3 bedroom, 2 full bath Cape Cod home! As you approach you will immediately notice the inviting curb appeal and charming bay window leading you into the very spacious living room which is anchored by the wood-burning fireplace. Underneath the carpeting sits untouched hardwood floors that are in gorgeous shape. An abundance of windows that are all within 10 years of age surround every room allowing for tons of natural lighting. Walking towards the chef's kitchen you will notice a sizeable pantry to your right, the cabinets are solid wood with charming details, the SS appliances are from 2019 and there is a gas hook up if you prefer a gas over electric cooktop. Just off of the kitchen is a screened-in and nicely finished sunroom which leads you out to the fully fenced-in sizeable and private backyard. A massive first-floor owner's suite features a walk-in closet, a full bath with a walk-in shower and separate make-up vanity, vaulted ceilings, and private french doors to access the screened-in sunroom. Upstairs you will notice a wall of closet storage in the wide hallway leading you to the additional two sizeable bedrooms. The massive rec room in the finished basement has a bar that is plumbed to be converted to a wet bar. There is also plumbing ready for a 3rd full bathroom located in the basement as well as a massive second pantry and laundry area. Newer roof & hot water tank. Close to the Metroparks! Tour today!

Last Agent to Sell the Property

Summer Mayhugh

Berkshire Hathaway HomeServices Professional Realty License #2014004965 Listed on: 10/21/2021

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Daniela Maragos

Keller Williams Elevate License #2013001148

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 1947

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 52x159
  • East Facing Home
  • Property is Fully Fenced
  • Chain Link Fence

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Carport

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 363-31-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,364

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow, Cape Cod
  • House Faces: East
  • Price Per Square Foot: 141.45
  • Estimated Price per Sq Ft: 141.45
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1520
  • Year Built: 1947
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1947

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Wall Oven, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 7
  • Basement Detail: Finished, Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1520.00
  • Sq Ft Approx Below Grade Finished: 768.00
  • Sq Ft Approx Total Finished: 2288.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Enclosed Patio/Porch, Patio, Porch, Shed
  • Fences: Chain Link, Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Carport, Detached
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Berea CSD
  • School District: Berea CSD

Lot Info

  • Lot Dimensions: 52x159
  • Lot Size Units: Acres
  • Acres: 0.1900
  • Parcel Number: 363-31-006

Tax Info

  • Tax: 3364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 16, 2021
Sold by
Gustafson Margo Y and Gustafson Peter James
Bought by
Mobley Jesse David and Mey Amanda
Seller's Agent
Summer Mayhugh
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Daniela Maragos
Keller Williams Elevate
List Price
$209,900
Sold Price
$215,000
Premium/Discount to List
$5,100
2.43%
Current Estimated Value
$261,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,403
Avg. Annual Appreciation
3.94%
Original Mortgage
$193,500
Outstanding Balance
$179,160
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$69,467

Purchase Details

Listed on
May 23, 2014
Closed on
Jul 31, 2014
Sold by
Schreiber Kenneth E and Schreiber Marcia K
Bought by
Gustafson Margo Y and Gustafson Peter James
Seller's Agent
Lisa Humenik
RE/MAX Crossroads Properties
Buyer's Agent
Rita Legan
EXP Realty, LLC.
List Price
$135,700
Sold Price
$129,500
Premium/Discount to List
-$6,200
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$116,500
Interest Rate
2.89%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 1976
Sold by
Doutt Thomas N and Doutt Joann C
Bought by
Schreiber Kenneth E

Purchase Details

Closed on
Jul 9, 1975
Sold by
Doutt Thomas N and Doutt Joann C
Bought by
Doutt Thomas N and Doutt Joann C

Purchase Details

Closed on
Jan 1, 1975
Bought by
Doutt Thomas N and Doutt Joann C
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
Mobley Jesse David $215,000 None Available
Gustafson Margo Y $129,500 Ohio Real Title
Schreiber Kenneth E $39,500 --
Doutt Thomas N -- --
Doutt Thomas N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mobley Jesse David $193,500
Previous Owner Gustafson Margo Y $116,500
Previous Owner Schreiber Kenneth E $60,000
Previous Owner Schreiber Kenneth E $65,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $215,000 +2.4% $94 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $209,900 +62.1% $92 / Sq Ft
08/05/2014 08/05/14 Sold $129,500 -4.6% $90 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $135,700 -- $95 / 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 $4,346 $75,250 $11,865 $63,385
2023 $3,572 $51,730 $10,570 $41,160
2022 $3,550 $51,730 $10,570 $41,160
2021 $3,520 $51,730 $10,570 $41,160
2020 $3,364 $43,860 $8,960 $34,900
2019 $3,275 $125,300 $25,600 $99,700
2018 $3,233 $43,860 $8,960 $34,900
2017 $3,444 $43,050 $8,470 $34,580
2016 $3,419 $43,050 $8,470 $34,580
2015 $2,401 $43,050 $8,470 $34,580
2014 $2,401 $40,570 $8,470 $32,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4327047

MLS Now

APN: 363-31-006