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4316 Literary Ln, Willoughby, OH, 44094

2beds
2baths
1,541sqft
$449,900
$292price/sqft
$3,236/moest. monthly cost
$129,440/yrincome needed

About This Home

Ready for Occupancy! This property qualifies for a 5-Year 100% property tax abatement. This spacious 1,541 sq. ft 2 bedroom, 2 bathroom ranch are nestled on a quite private oasis 1 block from downtown Willoughby! This unit will include upgraded features such as Aristokraft cabinets, granite/ quartz countertops in the kitchen and baths. Luxury Vinyl Plank flooring in the foyer, kitchen, dining area, and hallways. A large Kitchen and Dining Space, Laundry room off the 2 car Garage and Many more features such as tile Shower and modern light fixtures. All this in a great location near shops,dinning, and entertainment in Downtown Willoughby! Ready for Occupancy! Interior Photos are for illustrative purposes only. Not of actual unit. Now Offering a $10,000 off builder incentive until 6/30/2026!

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

4/10
Edison Elementary SchoolGrades K-51.9 mi
6/10
Willoughby Middle SchoolGrades 6-81.1 mi
7/10
South High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

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

Other

  • Builder name: Probuilt Homes

Type & Style

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

Interior

Appliances

  • Laundry features: Gas Dryer Hookup,Main Level

Basement

  • Basement: None

Bedroom

  • Level: First
  • Dimensions: 11.00 x 13.00

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Level: First
  • Dimensions: 10.00 x 16.00

Features

  • Built-in Features,High Ceilings,Kitchen Island,Open Floorplan,Vaulted Ceiling(s),Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area above ground: 1,541

Great Room

  • Features: Fireplace
  • Level: First
  • Dimensions: 16.00 x 18.00

Heating & Cooling

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

Interior Area

  • Total structure area: 1,541
  • Total interior livable area: 1,541 sqft

Kitchen

  • Level: First
  • Dimensions: 10.00 x 17.00

Primary Bedroom

  • Level: First
  • Dimensions: 12.00 x 16.00

Property

Details

  • Parcel number: 27A026D020020
  • Attached to another structure: Yes
  • Special condition: Builder Owned

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio

Lot

  • Lot size: 4,752 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Paved
  • 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

  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Inland Flooding
Strong Wind
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 $2,274$27,288
Home Insurance *$207$2,484
Property Taxes $562$6,744
Electricity $193$2,320
Total$3,236$38,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,948/yr
40% on housing$97,080/yr
45% on housing$86,293/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

$292This listing

vs Other Active Listings

Avg $/sqft

ZIP 44094$188
Lake County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 44094$169
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
2026-01-12Listed for sale$480,374

New Construction

AgentWilliam T Langa
BrokerageHomeSmart Real Estate Momentum LLC

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