NOT LISTED FOR SALE

539 S Bay Cove Unit 539 Painesville, OH 44077

Estimated Value: $249,915 - $271,000

3 Beds
2 Baths
1,360 Sq Ft
$270/mo HOA Fee

Last Sold June 17, 2024

Last sale price $250,000 $184 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,849/month

Highlights

  • 0.52 Acre Lot
  • 2 Car Direct Access Garage
  • Central Air
  • Deck
  • Patio
  • Partially Fenced Property

About This Home

As of June 2024

Enjoy comfortable one floor living in this Beautiful 3 bedroom, 2 bathroom Ranch style condominium in Chesapeake Cove Condominiums – A quiet 55+ senior community. Large 18 x 14 deck, 11 x 14 patio and 12 foot privacy fence added in 2022. Well maintained home with lots of natural light, ample cabinet and counter space in your spacious eat in kitchen. Sliding glass doors out to your beautiful deck and patio. Lovely Master Bedroom and bath with walk in closet. First floor laundry and attached 2 car garage. Ready to move right in and make your new home. Schedule your private showing today!

Last Agent to Sell the Property

Phyllis Neff

HomeSmart Real Estate Momentum LLC Brokerage Email: sellwithphyl@gmail.com 216-533-8920 License #2020001046 Listed on: 05/23/2024

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Steve Forsythe

Keller Williams Greater Cleveland Northeast License #268874

Keller Williams Greater Cleveland Northeast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,707

Year Built

  • Built in 1993

Lot Details

  • Partially Fenced Property
  • Privacy Fence

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Entry on the 1st floor
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, snow removal, trash
  • Chesapeake Cove Association
  • Chesapeake Cove Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-A-014-G-00-037-0

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,707

Year Built

Built in 1993

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1993
  • Attribution Contact: sellwithphyl@gmail.com 216-533-8920
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Subdivision Name: Chesapeake Cove Condo
  • Above Grade Finished Sq Ft: 1360.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial, Privacy
  • Acres: 0.52
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Garage

Utilities

  • LaundryFeatures: Main Level, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee: 270.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Chesapeake Cove
  • Association: No

Schools

  • Junior High Dist: Riverside LSD Lake- 4306

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 11-A-014-G-00-037-0
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Cats OK, Dogs OK

Tax Info

  • Tax Annual Amount: 2707.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 17, 2024
Sold by
Smith James E and Smith Angela M
Bought by
Suszek Barbara J
Seller's Agent
Phyllis Neff
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Steve Forsythe
Keller Williams Greater Cleveland Northeast
List Price
$250,000
Sold Price
$250,000
Views
37
Current Estimated Value
$257,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,979
Avg. Annual Appreciation
2.34%

Purchase Details

Listed on
May 21, 2014
Closed on
Jun 20, 2014
Sold by
Alexander Pearl Jean
Bought by
Smith James E and Smith Angela M
Seller's Agent
Gina Miller
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$134,900
Sold Price
$128,000
Premium/Discount to List
-$6,900
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$102,400
Interest Rate
4.18%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 8, 2010
Sold by
Dorrington Michael R and Dorrington Aurea
Bought by
Alexander Pearl Jean

Purchase Details

Closed on
Aug 25, 2004
Sold by
Mehring Mary
Bought by
Dorrington Hubert G and Dorrington Lee Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1997
Sold by
Miller Carol J Race
Bought by
Bosway Donald and Bosway Eileen

Purchase Details

Closed on
May 5, 1994
Bought by
Race Jean H
Source: Public Records

Range of Values:

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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
Suszek Barbara J $250,000 Enterprise Title
Smith James E $128,000 Enterprise Title Agency Inc
Alexander Pearl Jean $119,000 Attorney
Dorrington Hubert G $167,000 Enterprise Title
Bosway Donald $121,900 Enterprise Title Agency Inc
Race Jean H $103,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith James E $102,400
Previous Owner Dorrington Hubert G $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2024 06/17/24 Sold $250,000 0.0% $184 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $250,000 +95.3% $184 / Sq Ft
06/27/2014 06/27/14 Sold $128,000 -5.1% $94 / Sq Ft View Prior Sale
05/31/2014 05/31/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $134,900 -- $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 -- $69,260 $10,840 $58,420
2023 $2,707 $54,080 $8,430 $45,650
2022 $2,666 $54,080 $8,430 $45,650
2021 $2,197 $45,840 $8,430 $37,410
2020 $2,160 $40,930 $7,530 $33,400
2019 $2,176 $40,930 $7,530 $33,400
2018 $2,183 $35,440 $7,000 $28,440
2017 $1,870 $35,440 $7,000 $28,440
2016 $1,649 $35,440 $7,000 $28,440
2015 $2,028 $35,440 $7,000 $28,440
2014 $1,553 $35,440 $7,000 $28,440
2013 $1,517 $35,440 $7,000 $28,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5040048

MLS Now

APN: 11-A-014-G-00-037