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83 E South St, Painesville, OH, 44077

3beds
3baths
1,900sqft
$359,900
$189price/sqft
$2,626/moest. monthly cost
$105,040/yrincome needed

About This Home

Welcome to this stunning Payne & Payne-built new construction home, just steps from the charm and culture of Historic Downtown Painesville. With an 8-year, 75% property tax abatement, you could save nearly $40,000 in property taxes over the next eight years—and your monthly payment may be lower than your current rent! This thoughtfully designed 3-bedroom, 2.5-bath residence seamlessly blends modern luxury with timeless architecture that reflects the character of its historic surroundings. Offering 1,900 square feet of beautifully finished living space, the home features a classic covered front porch, a detached two-car garage, and a full 8’ poured concrete basement foundation for additional flexibility and storage. Inside, the professionally curated kitchen is a chef’s dream, featuring soft-close shaker cabinets, quartz countertops, a herringbone tile backsplash, and a complete set of stainless steel appliances—including washer and dryer. The spacious master suite impresses with a large walk-in closet and a luxurious bathroom boasting a tiled shower with glass door, double vanity, and quartz countertops. Thoughtful upgrades throughout include solid core interior doors, luxury vinyl plank flooring, and plush, upgraded carpet. Energy efficiency is built-in with a tankless water heater, 96% efficient furnace, and 14 SEER air conditioning. Don’t miss this rare opportunity to own a brand-new home that offers not only style and comfort but also exceptional long-term savings. Make your move to Painesville today!

Getting Around

78
WalkingVery Walkable
33
TransitSome Transit
58
BikeBikeable

Schools

4/10
Maple Elementary SchoolGrades K-51.0 mi
5/10
Heritage Middle SchoolGrades 6-80.8 mi
4/10
Harvey High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Vinyl Siding

Other

  • Builder name: Payne And Payne Homes Inc

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Hall,Upper Level

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Window features: Insulated Windows
  • Finished area above ground: 1,900

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,900
  • Total interior livable area: 1,900 sqft

Property

Details

  • Parcel number: 15B0020000410
  • Special condition: Builder Owned

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,845 sqft

Parking

  • Parking features: Driveway,Garage,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,819$21,828
Home Insurance *$155$1,860
Property Taxes $449$5,388
Electricity $203$2,445
Total$2,626$31,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,034/yr
40% on housing$78,780/yr
45% on housing$70,026/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 44077$140
Lake County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 44077$172
Lake County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Price change$374,900
2026-03-13Listed for sale$389,900
2025-12-16Listing removed$399,900
2025-11-14Listed for sale$399,900
2025-11-03Pending sale$399,900
2025-07-25Price change$399,900
2025-04-12Listed for sale$435,000

New Construction

AgentPaul Paratto
BrokerageHoward Hanna

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