NOT LISTED FOR SALE

541 Cedarbrook Dr Painesville, OH 44077

Estimated Value: $157,000 - $184,000

3 Beds
2 Baths
1,664 Sq Ft
$100/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $94,500 $57 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,256/month

25 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Bungalow

About This Home

As of April 2020

Look no further! Why rent when you can own this nice 3 bedroom 2 bath bungalow in a great location? Home has all you need; a large first floor family room plus a recreation room. This home features two bedrooms and full bath on the first floor, 3rd bedroom located upstairs with plenty of additional space. Check out the partially finished basement which also includes 2nd full bath! Recent updates (within last 3 years) include: windows, hard wood floors, cabinets, glass block windows and ac. Don't wait, schedule your private showing TODAY!

Last Agent to Sell the Property

Jose Razo Reynoso

HomeSmart Real Estate Momentum LLC License #2015002254 Listed on: 01/24/2020

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Jose Razo Reynoso

HomeSmart Real Estate Momentum LLC License #2015002254 Listed on: 01/24/2020

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,085

Year Built

  • Built in 1943

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Unpaved Streets

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Utilities

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

Community Details

  • Pville Overlook Community

Listing and Financial Details

  • Assessor Parcel Number 15-C-035-B-01-025-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,085

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • Price Per Square Foot: 82.60
  • Estimated Price per Sq Ft: 82.60
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1144
  • Year Built: 1943
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1943

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1144.00
  • Sq Ft Approx Below Grade Finished: 520.00
  • Sq Ft Approx Total Finished: 1664.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Pville Overlook

Schools

  • School District: Painesville City LSD
  • School District: Painesville City LSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.2732
  • Parcel Number: 15-C-035-B-01-025-0

Tax Info

  • Tax: 2085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Apr 1, 2020
Sold by
Lohrey Scott and Lohrey Cheri K
Bought by
Vasquez Julio A Tavera
Seller's Agent
Jose Razo Reynoso
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Jose Razo Reynoso
HomeSmart Real Estate Momentum LLC
List Price
$105,000
Sold Price
$94,500
Premium/Discount to List
-$10,500
-10%
Current Estimated Value
$165,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,149
Avg. Annual Appreciation
9.71%
Original Mortgage
$91,665
Outstanding Balance
$81,790
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$73,815

Purchase Details

Listed on
Nov 11, 2014
Closed on
Apr 22, 2015
Sold by
Lohrey Greg
Bought by
Lohrey Scott and Lohrey Greg
Seller's Agent
Tim Ambrose
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Tim Ambrose
Keller Williams Greater Cleveland Northeast
List Price
$47,000
Sold Price
$45,000
Premium/Discount to List
-$2,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%
Original Mortgage
$56,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 11, 2014
Closed on
Mar 11, 2015
Sold by
The Secretary Of Hsng & Urban Developmen
Bought by
Lohrey Greg
Seller's Agent
Tim Ambrose
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Tim Ambrose
Keller Williams Greater Cleveland Northeast
List Price
$47,000
Sold Price
$45,000
Premium/Discount to List
-$2,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 29, 2014
Sold by
M&T Bank
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 14, 2014
Sold by
Secretary Of Hud
Bought by
M & T Bank

Purchase Details

Closed on
Feb 12, 2014
Sold by
M&T Bank
Bought by
Secretary Of Hud

Purchase Details

Closed on
Sep 30, 2013
Sold by
Tako Palakyem
Bought by
M&T Bank

Purchase Details

Closed on
Nov 22, 2005
Sold by
Loucks Timothy A and Loucks Madelynn E
Bought by
Tako Palakyem and Tako Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,980
Interest Rate
6.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 1, 1990
Bought by
Loucks Timothy A
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
Vasquez Julio A Tavera $94,500 Enterprise Title Agency Inc
Lohrey Scott -- None Available
Lohrey Greg $45,000 Cedar Title Services Llc
Secretary Of Hud -- None Available
M & T Bank -- None Available
Secretary Of Hud -- None Available
M&T Bank $54,000 None Available
Tako Palakyem $119,900 Enterprise Title
Loucks Timothy A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Julio A Tavera $91,665
Previous Owner Lohrey Greg $56,000
Previous Owner Tako Palakyem $128,778
Previous Owner Tako Palakyem $126,875
Previous Owner Tako Palakyem $23,980
Previous Owner Tako Palakyem $95,920
Previous Owner Loucks Timothy A $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $94,500 -5.0% $57 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/03/2020 02/03/20 Price Changed $99,500 -5.2% $60 / Sq Ft
01/24/2020 01/24/20 For Sale $105,000 +133.3% $63 / Sq Ft
03/20/2015 03/20/15 Sold $45,000 -4.3% $38 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $47,000 -- $39 / 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
2023 $4,237 $34,210 $8,360 $25,850
2022 $2,132 $34,210 $8,360 $25,850
2021 $2,132 $34,210 $8,360 $25,850
2020 $2,065 $28,990 $7,080 $21,910
2019 $2,085 $28,990 $7,080 $21,910
2018 $1,587 $15,750 $11,640 $4,110
2017 $1,165 $15,750 $11,640 $4,110
2016 $1,159 $15,750 $11,640 $4,110
2015 $1,115 $15,750 $11,640 $4,110
2014 $2,292 $32,460 $11,640 $20,820
2013 $2,224 $32,460 $11,640 $20,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4163043

MLS Now

APN: 15-C-035-B-01-025