NOT LISTED FOR SALE

7247 S Kipling Place Unit 162E Painesville, OH 44077

Estimated Value: $215,000 - $263,000

3 Beds
2.5 Baths
2,262 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $230,000 $102 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,692/month

3 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Porch
  • Patio

About This Home

As of August 2023

Welcome home to this spacious 3 BR 2.5 BA condo in Concord's Lockwood Ridge. Maintenance free living at its finest. A touch of class is what you get when you enter the front door. The first floor features a large living and dining room with hardwood floors and opens into the updated kitchen. The kitchen boasts new stainless steel appliances, quartz countertops, island with seating, Kraftmaid cabinets, a large food pantry, and more. All three bedrooms have new carpeting and large closets. Plenty of storage throughout. The large master suite has a walk in closet and full bathroom. Retreat to the lower level where you'll find a spacious family room with new carpet, gas fireplace, built-in bookshelves. The rec room boasts a full bar with seating, wainscoting, a great space for entertaining. The lower level also features a half bath and laundry room with utility sink, (washer and dryer included) and access to the attached 2 car garage. This condo also features a beautiful patio. Furnace and A/C new in 2018. Close to freeways and shopping. Truly a great place to call home.

Last Agent to Sell the Property

Greg Gilson

RE/MAX Results License #2004005672 Listed on: 06/20/2023

RE/MAX Results

Last Buyer's Agent

Jeffrey Carducci

McDowell Homes Real Estate Services License #2013001981

McDowell Homes Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1979

Lot Details

  • Street terminates at a dead end

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,262 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-A-018-C-00-053-0

Community Details

Overview

  • $250 Annual Maintenance Fee
  • Maintenance fee includes Association Insurance, Exterior Building, Landscaping, Property Management, Recreation, Reserve Fund, Sewer, Snow Removal, Trash Removal, Water
  • Lockwood Ridge Condo Prcl 2 Community

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,692

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Bi-Level, Townhouse
  • Price Per Square Foot: 101.68
  • Estimated Price per Sq Ft: 101.68
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2262
  • Year Built: 1979
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Pet Limitations: See Bi Laws
  • Attribution Contact: greggilson@remax.net (440) 537-3701
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Finished, Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2262.00
  • Sq Ft Approx Total Finished: 2262.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • 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

Condo/Co-op/Association

  • Maint Fee Amount: 249.75
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Association Insurance, Exterior Building, Landscaping, Property Management, Recreation, Reserve Fund, Sewer, Snow Removal, Trash Removal, Water
  • Maint Provider: LOCKWOOD RIDGE
  • Subdivision Complex: Lockwood Ridge Condo Prcl 2

Schools

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

Lot Info

  • Lot Description: Dead End Street
  • Lot Size Units: Acres
  • Acres: 0.3400
  • Parcel Number: 08-A-018-C-00-053-0
  • LandLeaseYN: No

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 2692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jul 21, 2023
Sold by
Toy Andrew R and Toy Linda M
Bought by
Schmitt Mark A
Seller's Agent
Greg Gilson
RE/MAX Results
Buyer's Agent
Jeffrey Carducci
McDowell Homes Real Estate Services
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Views
38
Current Estimated Value
$243,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,829
Avg. Annual Appreciation
2.65%
Original Mortgage
$225,834
Outstanding Balance
$220,326
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$23,503

Purchase Details

Closed on
Sep 19, 2008
Sold by
Beers Thomas and Beers Marrion
Bought by
Toy Andrew R and Toy Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2002
Sold by
Kerwood Christopher C and Kerwood Emily P
Bought by
Beers Thomas and Beers Marrion

Purchase Details

Closed on
Apr 11, 2000
Sold by
Marsh Thomas C
Bought by
Kerwood Christopher and Kerwood Emily P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
8.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1990
Bought by
Marsh Thomas C
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
Schmitt Mark A $230,000 None Listed On Document
Toy Andrew R $137,200 Enterprise Title
Beers Thomas $130,000 Multiple
Kerwood Christopher $115,000 Midland Title Security Inc
Marsh Thomas C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Mark A $225,834
Previous Owner Toy Andrew R $68,000
Previous Owner Kerwood Christopher $111,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $230,000 +2.2% $102 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $225,000 -- $99 / 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 -- $66,400 $10,080 $56,320
2023 $4,834 $50,050 $8,400 $41,650
2022 $2,693 $50,050 $8,400 $41,650
2021 $2,703 $50,050 $8,400 $41,650
2020 $2,541 $41,710 $7,000 $34,710
2019 $2,538 $41,710 $7,000 $34,710
2018 $2,477 $37,350 $3,680 $33,670
2017 $2,408 $37,350 $3,680 $33,670
2016 $2,217 $37,350 $3,680 $33,670
2015 $2,066 $37,350 $3,680 $33,670
2014 $1,977 $35,750 $3,680 $32,070
2013 $1,977 $35,750 $3,680 $32,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4468146

MLS Now

APN: 08-A-018-C-00-053