NOT LISTED FOR SALE

518 Cedarbrook Dr Painesville, OH 44077

Estimated Value: $124,000 - $207,000

3 Beds
1 Bath
949 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $178,000 $188 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,050/month

40 Days on Market

Highlights

  • City View
  • Granite Countertops
  • 2 Car Detached Garage
  • Cape Cod Architecture
  • No HOA
  • Front Porch

About This Home

As of August 2024

Welcome to 518 Cedarbrook in Painesville. This is a nearly new and beautifully updated two-story home with a detached, two-car garage. This residence features modern upgrades throughout, including new windows, laminate floor coverings and plush carpeting in the bedrooms. There is one fully updated bathroom and the kitchen has been transformed with elegant white cabinets, stunning granite countertop and contemporary fixtures. Additional updates include a new furnace and AC system, new doors and fresh interior paint. Outside, enjoy the front deck area and the recently constructed two-car garage and cement drive. This home is a true gem, blending modern amenities with comfort and style.

Last Agent to Sell the Property

David Huntington

RE/MAX Results Brokerage Email: djhuntington1@gmail.com 440-463-6123 License #424526 Listed on: 06/20/2024

RE/MAX Results

Last Buyer's Agent

Debra Foreback

RE/MAX Above & Beyond License #2003017457

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 10,742 Sq Ft Lot
  • Lot Dimensions are 68 x 158
  • South Facing Home
  • Level Lot
  • Few Trees
  • Back and Front Yard

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Driveway

Property Views

  • City
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 949 Sq Ft Home
  • 1.5-Story Property
  • Insulated Windows
  • Storage

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Painesville Overlook Sub Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 15-C-035-B-01-010-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,020

Year Built

Built in 1943 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1943
  • Attribution Contact: djhuntington1@gmail.com 440-463-6123
  • ResoLotFeatures: Back Yard, Flat, Front Yard, Level, Few Trees
  • ResoPoolFeatures: None
  • Reso View: City, Park/Greenbelt, Neighborhood
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Painesville Overlook Sub
  • Above Grade Finished Sq Ft: 949.0
  • Architectural Style: Bungalow, Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Eat-in Kitchen, Granite Counters, Storage
  • Unit Levels: One and One Half
  • Reso Property Condition: Updated/Remodeled
  • ResoWindowFeatures: Insulated Windows
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Asphalt, Fiberglass, Shingle
  • Fencing: None
  • Acres: 0.2466
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other, Concrete, Vinyl Siding, Wood Siding
  • Direction Faces: South
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Garage Faces Side

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Inside, In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Painesville City LSD - 4305

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 15-C-035-B-01-010-0
  • LandLeaseYN: No
  • Lot Dimensions: 68 x 158
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2020.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 29, 2024
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Peterson Brendan
Seller's Agent
David Huntington
RE/MAX Results
Buyer's Agent
Debra Foreback
RE/MAX Above & Beyond
List Price
$184,500
Sold Price
$178,000
Premium/Discount to List
-$6,500
-3.52%
Views
140
Current Estimated Value
$168,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,364
Avg. Annual Appreciation
-3.92%
Original Mortgage
$5,340
Outstanding Balance
$2,783
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$165,853

Purchase Details

Closed on
Feb 24, 2022
Sold by
Sheriff Of Lake County
Bought by
Federal National Mortgage Association
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
Peterson Brendan -- Omega Title
Federal National Mortgage Association $95,270 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Brendan $5,340
Open Peterson Brendan $172,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $178,000 -1.1% $188 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $179,900 -2.5% $190 / Sq Ft
06/20/2024 06/20/24 For Sale $184,500 -- $194 / 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
2025 -- $43,900 $9,940 $33,960
2024 -- $43,900 $9,940 $33,960
2023 $1,795 $28,980 $8,070 $20,910
2022 $1,769 $28,980 $8,070 $20,910
2021 $1,769 $28,980 $8,070 $20,910
2020 $2,015 $24,560 $6,840 $17,720
2019 $1,730 $24,560 $6,840 $17,720
2018 $1,670 $27,660 $11,240 $16,420
2017 $1,964 $27,660 $11,240 $16,420
2016 $1,953 $27,660 $11,240 $16,420
2015 $1,908 $27,660 $11,240 $16,420
2014 $1,902 $27,660 $11,240 $16,420
2013 $1,895 $27,660 $11,240 $16,420
Source: Public Records

Agents Affiliated with this Home

  • David Huntington

    Seller's Agent in 2024

    David Huntington

    RE/MAX

    (440) 463-6123

    15 in this area

    78 Total Sales

    David Huntington
    Section Image
  • Debra Foreback

    Buyer's Agent in 2024

    Debra Foreback

    RE/MAX

    (216) 373-2882

    1 in this area

    41 Total Sales

    Debra Foreback
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5047975

MLS Now

APN: 15-C-035-B-01-010

Ohio Lake County Painesville 44077

518 Cedarbrook Dr, Painesville, OH

Not Listed for Sale

Detached

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