$318,999

740 Fair St Berea, OH 44017

Estimated payment $2,191/month

5 Beds
3 Baths
3,001 Sq Ft
$106 Price per Sq Ft

Highlights

  • 1.1 Acre Lot
  • 1 Fireplace
  • Walk-In Pantry
  • Cape Cod Architecture
  • No HOA
  • 2 Car Detached Garage

About This Home

Welcome to a property with heart, history, and room to grow. Set on a beautiful 1.1-acre lot in Berea, this charming 1923 home with a separate guest cottage offers a rare combination of space, character, and flexibility. Whether you’re searching for room for extended family, a private guest suite, or simply a peaceful setting with land, this property invites you to bring your vision and make it your own. The main home features 1,634 sq ft with 5 bedrooms and 2 full baths. The first floor includes two comfortable bedrooms, one ideal as a home office or library, along with a full bathroom, a large kitchen with a walk-in pantry, and first-floor laundry. Upstairs, you’ll find three additional bedrooms and a flex room that could serve as a craft room, dressing area, or extra storage. Natural light, classic woodwork, and a traditional layout give this home a warm, welcoming feel. A highlight of the property is the 504 sq ft guest cottage, connected to the main home by a wood deck ramp for easy access. Inside, it offers a cozy living room, full kitchen, private bedroom, full bath, and its own laundry—ideal for multigenerational living, guests, or a private home office or studio. Outside, the land truly sets this property apart. With shade trees, open green space, and peaceful surroundings, the lot offers endless possibilities for outdoor enjoyment. A 2.5-car garage and a partially finished bonus room in the basement provide additional flexibility. With its size, layout, and unique guest cottage, this property offers a special opportunity close to parks, schools, Baldwin Wallace University, shopping, dining, Cleveland Metroparks, and highway access. If you’ve been looking for a home with character, land, and potential, this is the one.

Listing Agent

Jason Smith

Coldwell Banker Schmidt Realty Brokerage Email: jasonrealtygroup@gmail.com, 216-394-4937 License #2023005226 Listed on: 10/14/2025

Coldwell Banker Schmidt Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 1.1 Acre Lot
  • East Facing Home
  • Many Trees
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • 1 Fireplace
  • Basement

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Front Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Middleburg Sec 25 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 363-35-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,993

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1923
  • Attribution Contact: jasonrealtygroup@gmail.com, 216-394-4937
  • ResoLotFeatures: Back Yard, Front Yard, Garden, Many Trees
  • Subdivision Name: Middleburg Sec 25
  • Above Grade Finished Sq Ft: 2137.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Built-in Features, Ceiling Fan(s)
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Yes
  • Appliances: Dishwasher, Freezer, Microwave, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 864.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Fire Pit, Garden
  • Roof: Asphalt, Fiberglass
  • Acres: 1.1
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Berea CSD - 1804

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 363-35-013
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 5992.84

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,993 $74,445 $17,955 $56,490
2023 $4,919 $58,700 $17,430 $41,270
2022 $4,119 $58,700 $17,430 $41,270
2021 $5,147 $58,700 $17,430 $41,270
2020 $5,036 $49,740 $14,770 $34,970
2019 $4,385 $142,100 $42,200 $99,900
2018 $4,199 $49,740 $14,770 $34,970
2017 $5,222 $49,280 $12,880 $36,400
2016 $4,009 $49,280 $12,880 $36,400
2015 $4,303 $49,280 $12,880 $36,400
2014 $4,303 $51,880 $13,550 $38,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 For Sale $318,999 -- $106 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Survivorship Deed $176,500 Chicago Title Insurance C
Interfamily Deed Transfer -- --
Deed $58,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,850 Fannie Mae Freddie Mac
Source: Public Records

Source: MLS Now

MLS Number: 5164402

MLS Now

APN: 363-35-013