$285,026
SOLD MAR 30, 2026

516 Fair St Berea, OH 44017

3 Beds
2 Baths
2,288 Sq Ft
8,268 Sq Ft Lot

Sale Details

Date Sold: March 30, 2026

$125 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Neighborhood Views
  • Cape Cod Architecture
  • No HOA
  • Screened Porch

About This Home

As of March 2026

Charming Cape Cod nestled on a picturesque, tree-lined street in Berea, offering timeless character, thoughtful updates, and warm inviting spaces throughout. Step inside to a spacious living room anchored by a classic fireplace, creating the perfect setting for relaxing evenings. The formal dining room features a beautiful bay window that fills the space with natural light, making it ideal for gatherings both large and small. The kitchen offers an abundance of cabinetry, providing ample storage and functionality.
The first-floor primary suite offers comfort and convenience, complete with vaulted ceilings, a walk-in closet, and a private full bath. A patio slider leads from the suite to a screened-in rear porch — the perfect retreat for morning coffee or quiet evenings — which opens to a fully fenced backyard ideal for entertaining or outdoor enjoyment. An additional full bathroom completes the main level. Upstairs, you’ll find two generously sized bedrooms featuring charming built-ins that enhance both character and practicality.
The mostly finished basement expands the home’s living space with a recreation area, bar, and multiple closets for storage — offering flexibility for entertaining, hobbies, or additional relaxation space. Abundant windows throughout the home showcase beautiful natural sunlight, while pride of ownership and updates are evident at every turn. Ideally located just minutes from downtown Berea, the Metroparks, and downtown Olmsted Falls, this home also offers convenient access to shopping, dining, major highways, and downtown Cleveland. A wonderful opportunity to own a character-filled home in a prime Berea location.

Last Agent to Sell the Property

Danielle Kilbane

EXP Realty, LLC. Brokerage Email: danielle.kilbane@exprealty.com, 216-258-8884 License #2012000581 Listed on: 02/27/2026

EXP Realty, LLC.

Last Buyer's Agent

Jennifer Herron-Underwood

Howard Hanna License #448923

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,358

Year Built

  • Built in 1947

Lot Details

  • 8,268 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Back and Front Yard

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Driveway

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Storage
  • Dryer
  • Neighborhood Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fair Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 363-31-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,358

Year Built

Built in 1947

Lot Details

8,268 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1947
  • Attribution Contact: danielle.kilbane@exprealty.com, 216-258-8884
  • ResoLotFeatures: Back Yard, Flat, Front Yard, Landscaped, Level
  • Reso View: Neighborhood
  • Subdivision Name: Fair Park
  • Above Grade Finished Sq Ft: 1520.0
  • Architectural Style: Cape Cod
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Reso Interior Features: Built-in Features, Ceiling Fan(s), Dry Bar, Primary Downstairs, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Unit Levels: Two
  • Tax Year: 2025
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Partially Finished, Storage Space
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 768.0
  • Fireplace Features: Living Room, See Remarks, Wood Burning
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Exterior Features: Storage
  • Roof: Asphalt, Fiberglass
  • Fencing: Full
  • Acres: 0.1898
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached Carport, Driveway, Detached, Garage

Utilities

  • LaundryFeatures: In Basement, Laundry Tub, Sink
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Berea CSD - 1804

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 363-31-006
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 4358.0

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$193,500
Outstanding Balance
$175,435
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$92,206

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 Above & Beyond
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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,000 None Available
Warranty Deed $129,500 Ohio Real Title
Deed $39,500 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,500 New Conventional
Previous Owner $116,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2026 03/30/26 Sold $285,026 +3.7% $125 / Sq Ft
03/01/2026 03/01/26 Pending -- -- --
02/27/2026 02/27/26 For Sale $274,900 +27.9% $120 / Sq Ft
11/17/2021 11/17/21 Sold $215,000 +2.4% $94 / Sq Ft View Prior Sale
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 View Prior Sale
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

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
2025 $4,359 $75,250 $11,865 $63,385
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: 5189185

MLS Now

APN: 363-31-006

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