4 months on rocket

1251 Madison Ave, Painesville, OH, 44077

$350,000

Home List Price

$4,156*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,300 SqFt
$106/SqFt
House

Location

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1251 Madison Ave, Painesville$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, No Garage
Year Built1910
HeatingForced Air, Fireplace(s)
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceGas, Gas Log, Living Room
ViewNone
MLS #5061559
Lot Size0.86 Acres
StatusActive

About 1251 Madison Ave

This beauty was totally renovated 2yrs ago. It currently needs light handyman repairs but is a must see! It would make a wonderful owner occupied home, or an Airbnb with close proximity to Mentor Headlands Beach & the Black River for fishing, boating & other activities. What an Amazing opportunity, as this home could also be converted into a multi-family investment property or a group/boarding home w/ separate entrances. Seller is willing to sell the home as is, or will build a custom 2+ car garage & deck, contact Listing Agent to discuss options. There are 2 huge Master suites, one is located on the 1st level with a stunning Master bath & walk-in closet, there is another Master Suite on the 2nd level with a bath & walk-in closet as well. The home features an open concept design, as the kitchen is open to the dining & a gorgeous living room w/luxury flooring thru out & a cozy fireplace. The kitchen is a chef's dream w/white cabinets, SS appliances & a breakfast bar. The 1st floor also has an addt'l room which could be another 1st floor bdrm, an office or den. The upstairs features 2 addt'l bdrms & another bathroom. The upper level has a bonus room which could be used as an office, media room, playroom or, a 2nd kitchen could be added here. The layout would be great for multi-generational living. There is an unfinished WALKOUT basement that can add addt'l 1,000+ sq ft, & attic in this home. This home sits on almost an acre! Contact me for your private showing today! **Possible short term rent to own. 15-20% down**

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1910
  • Stories: 2
  • Living Area: 3,300 SqFt

Listing Office:

  • Office Name: Keller Williams Living
  • Office Phone: (216) 201-0611
  • Listing Agent: Danielle McCandless

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Breakfast Bar, Ceiling Fan(s), Chandelier, Dry Bar, Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, In-Law Floorplan, Kitchen Island, Primary Downstairs, Open Floorplan, Recessed Lighting, Storage, Soaking Tub, Walk-In Closet(s)
  • Fireplace: Gas, Gas Log, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: None, Porch/Covered, Porch Front

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Front Yard, Few Trees
  • Lot Size: 0.86 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Located off of Park Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $106/SqFt
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Housing Market Comparison

See how this home compares to others in Painesville, OH.

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Painesville, OH

City

Med. Sold Price

$210K

Med. Price/SqFt

$129

Avg. Days On Market

31

# of Sold Homes

32

1251 Madison Ave vs Painesville

130 DAYS ON ROCKET

+99 Days

$350,000

+$140K More

$106/SqFt

-$23 Less

KEY TAKEAWAY

This property is $140K more than the Median Sold Price and $23/SqFt less than other homes in Painesville, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5061559

Listing Office:

  • Office Name: Keller Williams Living
  • Office Phone: (216) 201-0611
  • Listing Agent: Danielle McCandless

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 07, 2020Home Sold
$252,000
Aug 19, 2015Home Sold
$69,000

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-983084
5
/10

  • Riverview Elementary School

  • 845 Madison Ave

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-983085
4
/10

  • Elm Street Elementary School

  • 585 Elm St

  • 2.10 miles

  • Public District Grades KG-5

school-card-donut-983086
3
/10

  • Maple Elementary School

  • 560 W Jackson St

  • 2.85 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,057. The most common annual income of people living in Painesville, OH is between $35k-100k. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1251 Madison Ave

What is the listing price of this property?

The listing price of 1251 Madison Ave property is $350,000.

What type of property is this?

The property 1251 Madison Ave is a house located in Painesville, Ohio, 44077.

Is this property for sale now?

Active Listing: 1251 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on October 7, 2020 for $252,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1251 Madison Ave has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1251 Madison Ave is 3,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1251 Madison Ave is 1910.

Rocket Homes›Ohio›Lake County›Painesville›44077›1251 Madison Ave

This home is located at 1251 Madison Ave in Painesville, OH and zip code 44077. This 3,300 square foot home, which was built in 1910, sits on a 0.86 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $350,000.

Painesville, OH housing market in November 2024 saw over 9 listings sold above listed price, more than 9 sold at listed price and over 14 sold below. Between October 2024 and November 2024, Painesville, OH real estate market has seen decrease in the number of listings by 11.2%. In November 2024 median list price was $210,000 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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