NOT LISTED FOR SALE

7150 N Downing Place Unit 173B Painesville, OH 44077

Estimated Value: $184,000 - $196,000

2 Beds
1.5 Baths
1,742 Sq Ft
1,350 Sq Ft Lot

Last Sold June 07, 2022

Last sale price $155,000 $89 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,383/month

8 Days on Market

Highlights

  • Community Lake
  • Community Pool
  • 2 Car Direct Access Garage
  • 1 Fireplace
  • Tennis Courts
  • Porch

About This Home

As of June 2022

Welcome to a hassle-free lifestyle of Condominium living! Do you want to live where your grass is cut, your mulching is done, and your snow plowing and outside maintenance is completely done for you all year round? How about heading to the pool on a hot day or admiring the serene lake on a beautiful summer night. The Lockwood Ridge community center comes in handy when you want to throw a party for guests too. There is so much available for you to enjoy! This two story condo offers a huge lower level family room, stone fireplace, additional deep storage space located under the foyer crawl, which is ideally suited for luggage or seasonal storage items. This unit comes with a generously sized two car attached garage (door 2020 & garage opener 2022 recently replaced). The living room offers vaulted ceilings and a spacious kitchen. The two bedrooms have ample closet spaces that include a master bedroom with a walk in closet. The main full bath has an updated vanity and tub shower. Considering an alternative to renting at an affordable price in this market is a smart buy! Come and see the possibilities in this great condo for a qualified buyer today! (A/C replaced with New 2020)

Last Agent to Sell the Property

Marianne Prentice

Keller Williams Greater Cleveland Northeast License #2014000487 Listed on: 04/23/2022

Keller Williams Greater Cleveland Northeast

Co-Listed By

Marcy Feather

Keller Williams Greater Cleveland Northeast License #2004020799

Last Buyer's Agent

Consuela Brown

Deleted Agent License #2011001404

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1979

Lot Details

  • 1,350

Home Design

  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,742 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-A-018-D-00-042-0

Community Details

Overview

  • $208 Annual Maintenance Fee
  • Maintenance fee includes Association Insurance, Exterior Building, Landscaping, Property Management, Recreation, Sewer, Snow Removal, Trash Removal, Water
  • Lockwood Ridge Community
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,325

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Bi-Level
  • Price Per Square Foot: 88.98
  • Estimated Price per Sq Ft: 88.98
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1742
  • Year Built: 1979
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Finished, Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1742.00
  • Sq Ft Approx Total Finished: 1742.00

Exterior Features

  • Exterior: Cedar
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Common Facility, Community, Lake, Playground, Pool, Tennis Courts

Condo/Co-op/Association

  • Maint Fee Amount: 207.65
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Association Insurance, Exterior Building, Landscaping, Property Management, Recreation, Sewer, Snow Removal, Trash Removal, Water
  • Subdivision Complex: Lockwood Ridge

Schools

  • School District: Riverside LSD
  • School District: Riverside LSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 08-A-018-D-00-042-0
  • LandLeaseYN: No

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 2325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
Jun 6, 2022
Sold by
Rhomberg Tricia A and Rhomberg Tim
Bought by
Brown Jessica M
Seller's Agent
Marianne Prentice
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Consuela Brown
Deleted Agent
List Price
$145,900
Sold Price
$155,000
Premium/Discount to List
$9,100
6.24%
Current Estimated Value
$189,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,163
Avg. Annual Appreciation
6.38%
Original Mortgage
$141,941
Outstanding Balance
$135,283
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$53,880

Purchase Details

Closed on
Dec 12, 2003
Sold by
Rozick Joseph B
Bought by
Rhomberg Tricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,875
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1996
Sold by
Scheid Dennis A
Bought by
Rozick Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,323
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1994
Sold by
Wigal John C
Bought by
Scheid Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,050
Interest Rate
8.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brown Jessica M $155,000 Ohio Real Estate Title
Rhomberg Tricia A $97,500 --
Rozick Joseph B $85,900 --
Scheid Dennis A $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jessica M $141,941
Closed Brown Jessica M $141,941
Previous Owner Rhomberg Tricia A $15,000
Previous Owner Rhomberg Tricia A $82,875
Previous Owner Rozick Joseph B $38,266
Previous Owner Rozick Joseph B $83,323
Previous Owner Scheid Dennis A $67,050
Closed Rhomberg Tricia A $4,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $155,000 +6.2% $89 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $145,900 -- $84 / 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 -- $57,180 $10,080 $47,100
2023 $4,237 $43,870 $8,400 $35,470
2022 $2,316 $43,870 $8,400 $35,470
2021 $2,325 $43,870 $8,400 $35,470
2020 $2,186 $36,560 $7,000 $29,560
2019 $2,183 $36,560 $7,000 $29,560
2018 $2,190 $32,300 $3,680 $28,620
2017 $2,043 $32,300 $3,680 $28,620
2016 $1,879 $32,300 $3,680 $28,620
2015 $1,741 $32,300 $3,680 $28,620
2014 $1,664 $30,940 $3,680 $27,260
2013 $1,664 $30,940 $3,680 $27,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4365569

MLS Now

APN: 08-A-018-D-00-042