7.20 total acres includes 47 wooded lots on beautiful Magnolia Drive in Madison Township. Lots are platted .1561 acres and are 40 feet wide by 170 deep. Paved road with existing houses on north side of the street. $225,000 includes timber value. City water and sewer at the end of the street on Hubbard Road. Current homes have septic and well. 23 of the lots are on existing paved street, 24 of the lots are on the balance of the platted unpaved extension. Can be sold individually. Close to Lake Erie, parks and restaurants.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Greater Cleveland Northeast
Office Phone: (440) 299-5190
Listing Agent: Rick Osborne
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot: Dead End Street, Wooded
Lot Size: 7.20 Acres
Other
Directions Information:
Directions: Off of 528 North of R20
Price Information
Listing Price Info
Price Summary:
List Price: $139,500
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: NOWDD
MLS Number: #4428048
Listing Office:
Office Name: Keller Williams Greater Cleveland Northeast
Office Phone: (440) 299-5190
Listing Agent: Rick Osborne
Copyright 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: 4/28/2024, 9:25:20 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.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$764
Per Month
Principal & Interest
$697
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$485
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
North Elementary School
1941 Red Bird Rd
Distance between this listing and this school0.79 miles
Public District Grades KG-5
6
/10
South Elementary School
92 E Main St
Distance between this listing and this school4.12 miles
Public District Grades KG-5
6
/10
Geneva Platt R. Spencer Elementary School
755 Austin Rd
Distance between this listing and this school5.94 miles
Public District Grades KG-5
Nearby Schools
5
/10
Madison Middle School
6079 Middle Ridge Rd
Distance between this listing and this school3.00 miles
Public District Grades 6-8
6
/10
Perry Middle School
2 Learning Ln
Distance between this listing and this school5.86 miles
Public District Grades 5-8
5
/10
Geneva Middle School
839 Sherman St
Distance between this listing and this school6.17 miles
Public District Grades 6-8
Nearby Schools
5
/10
Madison High School
3100 Burns Rd
Distance between this listing and this school2.73 miles
Public District Grades 9-12
7
/10
Perry High School
1 Success Blvd
Distance between this listing and this school6.06 miles
Public District Grades 9-12
5
/10
Geneva High School
1301 S Ridge Rd E
Distance between this listing and this school6.58 miles
The neighbors living near this home have an average income of $60,000. The most common annual income of people living in Lake County, OH is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Magnolia Dr
What is the listing price of this property?
The listing price of Magnolia Dr property is $139,500.
What type of property is this?
The property Magnolia Dr is land located in Madison, Ohio, 44057.
Is this property for sale now?
Active Listing: Magnolia Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Magnolia Dr in Madison, OH and zip code 44057 in the Madison on the Lake neighborhood. This home sits on a 7.20 acre lot. It has been listed on Rocket Homes since December 15, 2022 and is currently priced at $139,500.
While more than 72 listings in Lake County, OH in March 2024 were sold above asking price, there were more than 37 listings sold at asking price, and more than 94 were sold below. Between February 2024 and March 2024, Lake County, OH real estate market has seen increase in the number of listings by 8%. In March 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $214,836.
From Rocket Homes Real Estate and based on county public records data.
Copyright 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.
Extreme Sports
Extreme Sports
Figure Skating
Motocross
Academy Sports & Outdoors
Kmart
GameStop
Little Caesars
Bob Evans
Sonic
Chevrolet
Buick
Jeep
Country
Oldies