NOT LISTED FOR SALE

7240 S Ridge Rd Madison, OH 44057

Estimated Value: $214,000 - $341,000

4 Beds
2 Baths
2,289 Sq Ft
$125/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $79,000 $35 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,840/month

13 Days on Market

Highlights

  • 1 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Colonial Architecture
  • 2 Car Detached Garage

About This Home

As of November 2021

This home is located at 7240 S Ridge Rd, Madison, OH 44057 since 17 August 2021 and is currently estimated at $286,382, approximately $125 per square foot. This property was built in 1913. 7240 S Ridge Rd is a home located in Lake County with nearby schools including South Elementary School, Madison Middle School, and Madison High School.

Last Agent to Sell the Property

Marie Bowe

USRealty.com LLP License #2002001701 Listed on: 08/17/2021

Last Buyer's Agent

Bruce Warring

The Shores Realty Co. License #2007003055

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 1 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 2,289 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Community Details

  • Paine Community

Listing and Financial Details

  • Assessor Parcel Number 01-A-071-0-00-034-0

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 34.51
  • Estimated Price per Sq Ft: 34.51
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 2289
  • Year Built: 1913
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1913

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2289.00
  • Sq Ft Approx Total Finished: 2289.00

Exterior Features

  • Exterior: Stone
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Paine

Schools

  • School District: Madison LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 1.0000
  • Parcel Number: 01-A-071-0-00-034-0

Tax Info

  • Tax: 4173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Nov 8, 2021
Sold by
Castle 2020 Llc
Bought by
Heeren Stanley
Seller's Agent
Marie Bowe
USRealty.com LLP
Buyer's Agent
Bruce Warring
The Shores Realty Co.
List Price
$79,900
Sold Price
$79,000
Premium/Discount to List
-$900
-1.13%
Current Estimated Value
$295,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,565
Avg. Annual Appreciation
36.39%

Purchase Details

Closed on
Jul 29, 2021
Sold by
Keybank National Association
Bought by
Castle 2020 Llc

Purchase Details

Closed on
Dec 2, 2019
Sold by
Christie Kenneth G and Christie Kenneth G
Bought by
Keybank National Association

Purchase Details

Closed on
Jan 1, 1990
Bought by
Christie Kenneth G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heeren Stanley $79,000 None Available
Heeren Stanley $79,000 None Available
Castle 2020 Llc $68,250 Servicelink
Castle 2020 Llc $68,250 Servicelink
Keybank National Association $33,000 None Available
Keybank National Association $33,000 None Available
Christie Kenneth G -- --
Christie Kenneth G -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Sold $79,000 -1.1% $35 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $79,900 -- $35 / 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
2025 -- $98,480 $16,710 $81,770
2024 -- $98,480 $16,710 $81,770
2023 $7,668 $68,990 $13,380 $55,610
2022 $4,226 $68,990 $13,380 $55,610
2021 $4,272 $68,230 $12,620 $55,610
2020 $4,173 $58,830 $10,890 $47,940
2019 $12,864 $58,830 $10,890 $47,940
2018 $11,822 $46,850 $12,410 $34,440
2017 $3,324 $46,850 $12,410 $34,440
2016 $3,024 $46,850 $12,410 $34,440
2015 $2,880 $46,850 $12,410 $34,440
2014 $2,946 $46,850 $12,410 $34,440
2013 $2,953 $46,850 $12,410 $34,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4308913

MLS Now

APN: 01-A-071-0-00-034