NOT LISTED FOR SALE

550 Park Rd Painesville, OH 44077

Estimated Value: $231,000 - $267,000

2 Beds
1.5 Baths
1,176 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $135,000 $115 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,768/month

29 Days on Market

Highlights

  • In Ground Pool
  • 1.29 Acre Lot
  • No HOA
  • Views of Trees
  • Wooded Lot
  • Porch

About This Home

As of October 2017

SOLID BRICK RANCH set on 1.28 Acres! This home offers 2 Bedrooms on main floor with additional 2 bedrooms in lower level, large Living Room, updated Eat-in Kitchen with all appliances & wood laminate floors through to dining area. Master Bedroom with half bath. Updated electrical. Beautifully landscaped yard with manicured beds, lush plantings. Fully Fenced In-ground pool with new liner & pool house with electric on extra deep tree-lined lot. New roof installed in 2015 & newer windows. Covered front porch. 2-car attached garage & storage shed. 1-yr home warranty. Riverside Schools.

Last Agent to Sell the Property

Dan McCaskey

RE/MAX Traditions License #350659 Listed on: 08/28/2017

RE/MAX Traditions

Last Buyer's Agent

Robert Schultz

Assured Real Estate License #2006007520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1977

Lot Details

  • 1.29 Acre Lot
  • Lot Dimensions are 119x456
  • West Facing Home
  • Property is Fully Fenced
  • Vinyl Fence
  • Chain Link Fence
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Unpaved Parking

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Views of Trees

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 11-B-033-C-00-002-0

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,667

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1977
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: In Ground
  • Reso View: Trees/Woods
  • Above Grade Finished Sq Ft: 1176.0
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Sump Pump
  • Basement: Yes
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Full, Partial, Vinyl
  • Acres: 1.2893
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Brick
  • Direction Faces: West
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Park, Public Transportation
  • Association: No

Schools

  • Junior High Dist: Riverside LSD Lake- 4306

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 11-B-033-C-00-002-0
  • Lot Dimensions: 119x456
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2667.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 27, 2017
Sold by
Latta Laura M and Latta Sean T
Bought by
Vanek Tiffany M
Seller's Agent
Dan McCaskey
RE/MAX Traditions
Buyer's Agent
Robert Schultz
Assured Real Estate
List Price
$147,900
Sold Price
$135,000
Premium/Discount to List
-$12,900
-8.72%
Current Estimated Value
$243,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,634
Avg. Annual Appreciation
7.62%
Original Mortgage
$132,554
Outstanding Balance
$111,857
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$131,777

Purchase Details

Closed on
Jan 4, 2011
Sold by
Burnett John W and Burnett Jan
Bought by
Latta Laura M and Latta Sean T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2009
Sold by
Burnett John W and Roberts Elijah
Bought by
Burnett John W and Roberts Elijah

Purchase Details

Closed on
Jun 4, 2008
Sold by
Burnett John W
Bought by
Burnett John W

Purchase Details

Closed on
Jun 29, 1993
Bought by
Burnett John W
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
Vanek Tiffany M $135,000 None Available
Latta Laura M $110,000 Enterprise Title Agency Inc
Burnett John W -- Enterprise Title
Burnett John W -- Attorney
Burnett John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanek Tiffany M $132,554
Previous Owner Latta Laura M $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $135,000 -3.5% $115 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/19/2017 09/19/17 Price Changed $139,900 -5.4% $119 / Sq Ft
08/28/2017 08/28/17 For Sale $147,900 -- $126 / 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 -- $74,870 $23,610 $51,260
2023 $5,847 $53,660 $18,990 $34,670
2022 $3,156 $53,660 $18,990 $34,670
2021 $3,167 $53,660 $18,990 $34,670
2020 $3,120 $46,670 $16,520 $30,150
2019 $3,144 $46,670 $16,520 $30,150
2018 $3,091 $43,560 $15,780 $27,780
2017 $3,028 $43,560 $15,780 $27,780
2016 $2,667 $43,560 $15,780 $27,780
2015 $2,495 $43,560 $15,780 $27,780
2014 $2,536 $43,560 $15,780 $27,780
2013 $2,479 $43,560 $15,780 $27,780
Source: Public Records

Agents Affiliated with this Home

  • Dan McCaskey

    Seller's Agent in 2017

    Dan McCaskey

    RE/MAX

    (440) 773-5542

    8 in this area

    378 Total Sales

    Dan McCaskey
    Section Image
  • Robert Schultz

    Buyer's Agent in 2017

    Robert Schultz

    Assured Real Estate

    (440) 567-2325

    77 Total Sales

    Robert Schultz
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3936375

MLS Now

APN: 11-B-033-C-00-002

Ohio Lake County Painesville 44077

550 Park Rd, Painesville, OH

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