14 days on rocket

Sale Pending

314-318 E Erie St, Painesville, OH, 44077

$240,000

Home List Price

$2,850*

Closing Credit

6 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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314-318 E Erie St, Painesville$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAsphalt, Driveway, No Garage, On Site, Paved, Parking Pad
Year Built1880
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5034790
Lot Size0.20 Acres
StatusSale Pending
(Pending)

About 314-318 E Erie St

Located in the heart of Painesville, Ohio, this very special property is waiting for you. This unique property consists of both a very solid and sound duplex, each unit featuring 2 bedrooms and 1 full bathroom, and a single-family home featuring 2 bedrooms and 1 full bathroom. Unit 314 has a very nice open living room that leads right into the dining room off of the kitchen. Upstairs, you will find two nice-size bedrooms accompanied by the full bathroom. The stairs and laundry are off of the kitchen that has a side entrance with stairs down to the basement. Unit 316 allows for someone looking for first floor living. This home also has a nice size living room that leads into a dining room. Off of the kitchen is the first floor bedroom. As you go upstairs, you are greeted by another bedroom and full bathroom. Both units have their own basement sections with a divider wall. Now for your BONUS! This property also offers a separate single family ranch with 2 bedrooms and 1 full bathroom. If you are looking for a place to live with accompanying passive income, then look no further! All three units have had a general home inspection completed and will be provided upon request. There is also a breakdown of each unit's measurements and appliance years in the supplements for you to view.

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Stories: 1

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Stouffer Realty
  • Office Phone: (440) 610-0926
  • Listing Agent: Shane Brennen

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Driveway, No Garage, On Site, Paved, Parking Pad

Lot Features

Lot Information:

  • Lot: Back Yard, City Lot, Front Yard
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Heritage Middle School, Public District Grades 6-8
  • Maple Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Rt 84 north to right on E. Erie St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
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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

$196K

Med. Price/SqFt

$120

Avg. Days On Market

49

# of Sold Homes

29

314-318 E Erie St vs Painesville

14 DAYS ON ROCKET

-35 Days

$240,000

+$44K More

KEY TAKEAWAY

This property is $44K more than the Median Sold Price in Painesville, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5034790

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Stouffer Realty
  • Office Phone: (440) 610-0926
  • Listing Agent: Shane Brennen

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: 5/15/2024, 1:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-1417535
3
/10

  • Maple Elementary School

  • 560 W Jackson St

  • 0.81 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1417536
5
/10

  • Heritage Middle School

  • 135 Cedarbrook Dr

  • 1.02 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,489. Typical income of Painesville, OH residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Lake County›Painesville›44077›314-318 E Erie St

This home is located at 314-318 E Erie St in Painesville, OH and zip code 44077. This home, which was built in 1880, sits on a 0.20 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $240,000.

Painesville, OH housing market in April 2024 saw over 10 listings sold above listed price, more than 4 sold at listed price and over 15 sold below. In April 2024 in Painesville, OH there were 2.9% less homes for sale than in March 2024. In April 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $196,000.

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

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