For sale

$232,000

503 Elise Ln, Gibsonburg, OH 43431

3beds

2,092sqft

$1,893/mo

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Condominium

Built in 1998

-- sqft lot

$230,100 Zestimate^®

$111/sqft

$165/mo HOA

What's special

Flexible living spaceImpressive storage areaAnother laundry hookupSpacious condo

So many updates in this spacious condo featuring 2-3 bedrooms, 2 full baths, and plenty of flexible living space. Looking for low maintenance living? This is the perfect home - plus buyers will appreciate the many updates, including a new furnace and central air in 2023, hot water heater in 2019, brand-new windows in 2024, and a washer and dryer purchased in 2023 that remain with the home. The layout is flexible for families as the large master with walk-in closet, full bathroom and laundry is located on the main floor. The main living area is bright and inviting and has doors leading to a patio with privacy panels. Upstairs offers a large second bedroom, a versatile open space perfect for a family room, office, or possible third bedroom, an additional full bath, and an impressive storage area. There is also another laundry hookup for added flexibility. This condo offers a low-maintenance lifestyle, and a lay-out that is versatile for your needs!

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Other

Level: Upper
Dimensions: 16 x 10

Other

Level: Upper
Dimensions: 16 x 11

Other

Level: Main
Dimensions: 14 x 17

Dining room

Level: Main
Dimensions: 11 x 10

Kitchen

Level: Main
Dimensions: 13 x 10

Living room

Level: Main
Dimensions: 17 x 11

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Disposal, Dryer, Electric Range, Refrigerator, Washer
Laundry: Main Level, Upper Level

Features

Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Luxury Vinyl
Has basement: No
Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 2,092
Total interior livable area: 2,092 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Attached Garage
Garage spaces: 2

Features

Levels: One and One Half
Patio & porch: Side Patio

Details

Parcel number: 000
Other equipment: DC Well Pump

Construction

Type & style

Home type: Condo
Architectural style: Traditional
Property subtype: Condominium
Attached to another structure: Yes

Materials

Vinyl Siding
Foundation: Crawl Space
Roof: Asphalt

Condition

New construction: No
Year built: 1998

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: None

HOA

Has HOA: Yes
Services included: Lawn Care, Maintenance Structure, Snow Removal
HOA fee: $165 monthly

Location

Region: Gibsonburg

Financial & listing details

Price per square foot: $111/sqft
Tax assessed value: $187,100
Annual tax amount: $2,211
Date on market: 10/23/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Electric utility on property: Yes

Estimated market value

$230,100

$219,000 - $242,000

$2,185/mo

Price history

Date	Event	Price
10/23/2026	Listed for sale	$232,000-1.3%$111/sqft
Source: Firelands MLS #20264334 Report a problem
10/22/2026	Listing removed	$235,000$112/sqft
Source: NORIS #10006731 Report a problem
9/2/2026	Price change	$235,000-2%$112/sqft
Source: NORIS #10006731 Report a problem
6/15/2026	Price change	$239,900-3.7%$115/sqft
Source: Firelands MLS #20261440 Report a problem
5/7/2026	Listed for sale	$249,000+31.1%$119/sqft
Source: Firelands MLS #20261440 Report a problem
7/21/2023	Sold	$190,000-5%$91/sqft
Source: NORIS #6103274 Report a problem
7/7/2023	Pending sale	$199,900$96/sqft
Source: NORIS #6103274 Report a problem
7/1/2023	Listed for sale	$199,900+53.8%$96/sqft
Source: NORIS #6103274 Report a problem
9/6/2017	Sold	$130,000$62/sqft
Source: Public Record Report a problem
8/3/2017	Pending sale	$130,000$62/sqft
Source: Polter Real Estate #20174190 Report a problem
8/1/2017	Listed for sale	$130,000+13%$62/sqft
Source: Polter Real Estate #20174190 Report a problem
9/30/2015	Sold	$115,000-5.7%$55/sqft
Source: NORIS #5089947 Report a problem
6/22/2015	Listed for sale	$121,900+16.2%$58/sqft
Source: Wendt Key Team Realty #20153337 Report a problem
8/20/2001	Sold	$104,900$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,211 -0.1%	$65,490
2024	$2,213 +32%	$65,490 +45%
2023	$1,676 +1.7%	$45,150
2022	$1,648 -5.3%	$45,150
2021	$1,740 +12.1%	$45,150 +18%
2020	$1,552 +0%	$38,260
2019	$1,551 -0.1%	$38,260
2018	$1,553 +6.5%	$38,260 +3.7%
2017	$1,458 +3%	$36,890
2016	$1,415	$36,890
2015	$1,415 -3.6%	$36,890 +3.3%
2014	$1,469 -1.2%	$35,710
2013	$1,487 +4.7%	$35,710
2012	$1,420 -9.8%	$35,710 -15%
2011	$1,575 +1.3%	$42,000 -1.1%
2010	$1,555 +0.5%	$42,460
2009	$1,547 -10.8%	--
2008	$1,734 -0.1%	--
2007	$1,735 +102.6%	--
2006	$857 -44.1%	--
2005	$1,533 -0.3%	--
2004	$1,538 -0.2%	$38,470
2003	$1,540 -12.4%	$38,470 -2.8%
2002	$1,759 -17.6%	$39,560 -15.4%
2001	$2,135 +4.2%	$46,760
2000	$2,049	$46,760