Tuesday, July 29, 2008
1853 Farmhouse
23550 Fairmount, Shaker Heights, OH 44122 is an 1853 farmhouse on a quarter acre lot. It's a perfect little house, with emphasis on the "little" - the only reason why I'm not interested in it is the size - 1200 square feet.
The windows and interior trim appear to date from the last quarter of the 19th century. The exception is the south side, which faces the back property line, where the windows and wood siding have been replaced. The replacement windows are lower-end, while the siding seems consistent with the original.
The back is as lovely as the front.
The interior trim appears to be in good condition.
Carpet that once covered the wood floors seems to have been removed recently.
The kitchen seems decent enough.
As does the bathroom.
Another detail.
The house is almost completely hidden from the street.
Of course, this residence requires the usual work associated with a house of this age, but most of the real issues appear cosmetic - paint applied over poorly stripped paint on the exterior siding, cleaning up of floors, etc.
The house is listed at $79,900. It's bank owned, and right now, in this area, bank owned properties are selling for about 50% of the amount that the bank took the property for. (This is based on my calculations, of bank owned houses sold under $200,000, for which data was readily available, in the months June - March, which are the last for which I have complete data.) It could be a really wonderful first home, or place for someone who doesn't need quite so much space. The only major thing I'd change would be to build a garage that better suits the residence.
See more photographs of this house.
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