NOT LISTED FOR SALE

7257 S Merlyn Place Unit 166E Painesville, OH 44077

Estimated Value: $216,000 - $263,000

3 Beds
2.5 Baths
2,262 Sq Ft
$231/mo HOA Fee

Last Sold January 25, 2023

Last sale price $209,000 $92 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,546/month

18 Days on Market

Highlights

  • Community Lake
  • Community Pool
  • 2 Car Direct Access Garage
  • 1 Fireplace
  • Tennis Courts
  • Home Security System

About This Home

As of January 2023

Welcome to this spacious 3 bedroom, 2 and a half bath Lockwood Ridge Condominium located in Concord Twp! No RITA taxes! Private end unit on a dead end street! Upon your entry you will be wowed by the vaulted ceilings and tons of natural light. Newer stainless steel appliances complete the kitchen. The large master bedroom features an updated private full bath and large walk in closet with custom shelving, by Closets by Design. The main full bath has also been beautifully updated. The lower level has a huge family room with a stunning natural stone wood burning fireplace, updated wood look tile flooring and an additional half bath. New hot water tank. Access your attached two and a half car garage from the unit. Enjoy the pool, clubhouse, tennis courts, pond, playground and local amenities! Schedule your showing today!

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 11/17/2022

Keller Williams Citywide

Last Buyer's Agent

Joseph Vaccaro

EXP Realty, LLC. License #2006003875

EXP Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1979

Lot Details

  • 1,394

HOA Fees

  • $231 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Asphalt Roof

Interior Spaces

  • 2,262 Sq Ft Home
  • Sound System
  • 1 Fireplace
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 08-A-018-C-00-085-0

Community Details

Overview

  • Association fees include insurance, exterior building, landscaping, property management, recreation, reserve fund, sewer, snow removal, trash removal, water
  • Lockwood Ridge 01 Community
  • Community Lake

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,642

Year Built

Built in 1979

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Bi-Level
  • Price Per Square Foot: 92.40
  • Estimated Price per Sq Ft: 92.40
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 2262
  • Year Built: 1979
  • Court Ordered Y N: No
  • Geocode Confidence: Medium
  • Pet Limitations: Contact agent.
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Appliances Equipment: Audio System, Dishwasher, Dryer, Microwave, Range, Refrigerator, Security System, 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: 10
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2262.00
  • Sq Ft Approx Total Finished: 2262.00

Exterior Features

  • Exterior: Wood
  • 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, Lake, Playground, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 231.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Lockwood
  • Subdivision Complex: Lockwood Ridge 01

Fee Information

  • HOA Fee Includes: Association Insurance, Exterior Building, Landscaping, Property Management, Recreation, Reserve Fund, Sewer, Snow Removal, Trash Removal, Water

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 08-A-018-C-00-085-0
  • LandLeaseYN: No

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 2642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Sweigert Ellen and Vaccaro Christopher P
Bought by
Vaccaro Ellen M and Sweigert Joseph Michael
Current Estimated Value
$239,240

Purchase Details

Listed on
Nov 17, 2022
Closed on
Jan 21, 2023
Sold by
Ohara Carleen A and Ohara James
Bought by
Sweigert Ellen and Sweigert Joseph Michael
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Joseph Vaccaro
EXP Realty, LLC.
List Price
$224,900
Sold Price
$209,000
Premium/Discount to List
-$15,900
-7.07%
Views
118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Listed on
Mar 20, 2013
Closed on
Jun 2, 2013
Sold by
Bell Christopher D and Bell Cheryl A
Bought by
Hara Jr Jerome F O and Hara Vicki S O
Seller's Agent
Brady Secre
EXP Realty, LLC.
Buyer's Agent
Wendy Werman
HomeSmart Real Estate Momentum LLC
List Price
$118,800
Sold Price
$112,500
Premium/Discount to List
-$6,300
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$84,375
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 23, 2008
Sold by
Bell Christopher D and Bell Cheryl A
Bought by
Bell Christopher D and Bell Cheryl A

Purchase Details

Closed on
Feb 22, 2001
Sold by
Viola Jeffrey V
Bought by
Bell Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,450
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 1989
Bought by
Thompson Carole L
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
Vaccaro Ellen M -- None Listed On Document
Vaccaro Ellen M -- None Listed On Document
Sweigert Ellen $209,000 Infinity Title
Hara Jr Jerome F O $112,500 Emerald Glen Title Agency
Bell Christopher D -- Attorney
Bell Christopher D $117,000 Chicago Title Insurance Comp
Thompson Carole L $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hara Jr Jerome F O $84,375
Previous Owner Bell Christopher D $99,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2023 01/25/23 Sold $209,000 -7.1% $92 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/17/2022 11/17/22 For Sale $224,900 +99.9% $99 / Sq Ft
06/03/2013 06/03/13 Sold $112,500 -5.3% $50 / Sq Ft View Prior Sale
03/30/2013 03/30/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $118,800 -- $53 / 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 -- $66,300 $10,080 $56,220
2023 $605 $49,970 $8,400 $41,570
2022 $2,632 $49,970 $8,400 $41,570
2021 $2,643 $49,970 $8,400 $41,570
2020 $2,484 $41,640 $7,000 $34,640
2019 $2,481 $41,640 $7,000 $34,640
2018 $2,489 $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

MLS Number: 4423580

MLS Now

APN: 08-A-018-C-00-085