NOT LISTED FOR SALE

7225 S Merlyn Place Unit 167H Painesville, OH 44077

Estimated Value: $203,000 - $242,000

4 Beds
2.5 Baths
2,262 Sq Ft
$230/mo HOA Fee

Last Sold June 14, 2024

Last sale price $201,900 $89 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,616/month

4 Days on Market

Highlights

  • Private Pool
  • Forced Air Heating and Cooling System
  • Wood Siding
  • 1 Fireplace
  • 2 Car Garage

About This Home

As of June 2024

Don't miss out on this amazing Condo! This end unit is close to pond, playground, tennis courts and has 2 extra parking spaces next to the driveway. This 4-bedroom, 2.5 bath home offers tons of living space. Hardwood floors in the living room, dining and hallway. Lower level offers privacy and can be used as a separate living area.

Last Agent to Sell the Property

Stan Gudalevich

Howard Hanna Brokerage Email: stangudalevich@howardhanna.com 216-905-9635 License #2017002597 Listed on: 04/19/2024

Howard Hanna

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

  • $2,515

Year Built

  • Built in 1979

Lot Details

  • 0.33

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2.5 Bathrooms

Pool

  • Private Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-A-018-C-00-096-0

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, reserve fund, sewer, snow removal, trash, water
  • Lockwood Ridge Condominium Association, Inc. Association

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,515

Year Built

Built in 1979

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1979
  • Attribution Contact: stangudalevich@howardhanna.com 216-905-9635
  • ResoPoolFeatures: Community
  • Reso Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Sewer, Snow Removal, Trash, Water
  • Above Grade Finished Sq Ft: 1612.0
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Tax Year: 2022
  • Property Sub Type Additional: Condominium,Townhouse
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 650.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.33
  • Pool Private: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • LaundryFeatures: Lower Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 229.79
  • Association Fee Frequency: Monthly
  • Association Name: Lockwood Ridge Condominium Association, Inc.
  • Association: Yes

Schools

  • Junior High Dist: Riverside LSD Lake- 4306

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 08-A-018-C-00-096-0
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 2515.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 12, 2024
Sold by
Wong Kam and Huang Yi Ying
Bought by
Siegel Steven and Siegel Steve
Seller's Agent
Stan Gudalevich
Howard Hanna
Buyer's Agent
Steve Forsythe
Keller Williams Greater Cleveland Northeast
List Price
$199,900
Sold Price
$201,900
Premium/Discount to List
$2,000
1%
Views
77
Current Estimated Value
$222,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,808
Avg. Annual Appreciation
7.59%
Original Mortgage
$191,805
Outstanding Balance
$189,450
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$33,258

Purchase Details

Listed on
Apr 17, 2017
Closed on
Sep 14, 2017
Sold by
Lizer Aimi
Bought by
Wong Kam and Huang Yi Ying
Seller's Agent
Tish Hummer
Inactive Agent
Buyer's Agent
Kathy Schinness
McDowell Homes Real Estate Services
List Price
$124,900
Sold Price
$111,000
Premium/Discount to List
-$13,900
-11.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Nov 26, 2013
Sold by
Lizer Joseph
Bought by
Lizer Joseph and Lizer Aimi

Purchase Details

Closed on
Jun 23, 2010
Sold by
Zoller Christopher J
Bought by
Lizer Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,040
Interest Rate
4.97%
Mortgage Type
New Conventional
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
Siegel Steven $201,900 Enterprise Title
Wong Kam $111,000 None Available
Lizer Joseph -- None Available
Lizer Joseph $111,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siegel Steven $191,805
Previous Owner Lizer Joseph $89,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $201,900 +1.0% $89 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $199,900 +80.1% $88 / Sq Ft
10/17/2017 10/17/17 Sold $111,000 -3.4% $49 / Sq Ft View Prior Sale
09/14/2017 09/14/17 Pending -- -- --
09/05/2017 09/05/17 Price Changed $114,900 -4.2% $51 / Sq Ft
06/06/2017 06/06/17 Price Changed $119,900 -4.0% $53 / Sq Ft
06/02/2017 06/02/17 For Sale $124,900 0.0% $55 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/10/2017 05/10/17 Price Changed $124,900 -3.1% $55 / Sq Ft
04/28/2017 04/28/17 Price Changed $128,900 -3.0% $57 / Sq Ft
04/17/2017 04/17/17 For Sale $132,900 -- $59 / Sq Ft
Source: MLS Now (Howard Hanna)

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 -- $59,980 $10,080 $49,900
2023 $2,513 $46,700 $8,400 $38,300
2022 $2,515 $46,700 $8,400 $38,300
2021 $2,525 $46,700 $8,400 $38,300
2020 $2,374 $38,920 $7,000 $31,920
2019 $2,371 $38,920 $7,000 $31,920
2018 $2,366 $37,280 $3,680 $33,600
2017 $2,352 $37,280 $3,680 $33,600
2016 $2,162 $37,280 $3,680 $33,600
2015 $2,009 $37,280 $3,680 $33,600
2014 $1,919 $35,680 $3,680 $32,000
2013 $1,919 $35,680 $3,680 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5031617

MLS Now (Howard Hanna)

APN: 08-A-018-C-00-096