NOT LISTED FOR SALE

11320 Palmer Rd Unit V/L 5 Concord Township, OH 44077

Estimated Value: $522,000 - $580,532

1.86 Acres
$300,260 Price per Acre
80,934 Sq Ft Lot

Last Sold October 17, 2016

Last sale price $75,000

Est. 644% increase in value since last sale

Current estimated payment $4,061/month

1,929 Days on Market

About This Lot

As of October 2016

Surrounded on 3 sides by nature conservation is this 1.86 acre cul-de-sac lot. Private street. Only opportunity for 1 neighbor. Concord's Best Kept Secret! Prime Concord Township location off Ravenna Road. Gorgeous wooded lot with public water and fully improved septic. Gas pipeline marker is on the west side of the cul-de-sac. Deed restrictions: home minimum of 1800 square feet or larger and 85% of home needs to be stone, brick or stucco. For more information call Lisa and see supplements: plot/plat map, developer, etc. Metropark offers a 4.8-mile paved trail that links the municipalities of Painesville, Painesville Township and Concord Township, allowing visitors to enjoy the natural beauty of these communities in a safe environment. Travelers will cross two bridges and experience varied levels of terrain.

Last Agent to Sell the Property

Lisa Sisko

Keller Williams Greater Metropolitan License #2012000383 Listed on: 05/17/2011

Keller Williams Greater Metropolitan

Last Buyer's Agent

Lisa Sisko

Keller Williams Greater Metropolitan License #2012000383 Listed on: 05/17/2011

Keller Williams Greater Metropolitan

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $898

Lot Details

  • 1.86 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $46 Monthly HOA Fees

Additional Features

  • Views of Woods
  • Septic Tank

Community Details

  • Association fees include insurance, landscaping, property management, reserve fund, snow removal

Listing and Financial Details

  • Assessor Parcel Number 08A015D000290

Property Details

Property Type

Land

Est. Annual Taxes

$898

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Wooded

Utilities

  • Water/Sewer: Public Water, Septic

Condo/Co-op/Association

  • HOA Fees: 547.00
  • HOA: Yes
  • HOA Fee Frequency: Annually
  • Hoa Name: VEP Community Association

Fee Information

  • HOA Fee Includes: Association Insurance, Landscaping, Property Management, Reserve Fund, Snow Removal

Schools

  • School District: Riverside LSD
  • School District: Riverside Lsd

Lot Info

  • Lot Description: Cul de Sac
  • Lot Size Area Sq Ft: 80934.0000
  • Lot Size Units: Acres
  • Price Per Acre: 45694.29
  • Acres: 1.8580
  • Easements Yn: Yes
  • Parcel Number: 08A015D000290

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Martinac Edward J and Martinac Patricia M
Bought by
Martinac Edward J and Edward J Martinac Trust
Current Estimated Value
$557,883

Purchase Details

Listed on
May 17, 2011
Closed on
Oct 17, 2016
Sold by
Lamphier Larry N and Lamphier Margaret Jane
Bought by
Martinac Edward J and Martinac Patricia M
Seller's Agent
Lisa Sisko
Keller Williams Greater Metropolitan
Buyer's Agent
Lisa Sisko
Keller Williams Greater Metropolitan
List Price
$84,900
Sold Price
$75,000
Premium/Discount to List
-$9,900
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.13%
Original Mortgage
$340,000
Outstanding Balance
$272,574
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$285,309
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinac Edward J -- None Available
Martinac Edward J $75,000 Progressive Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinac Edward J $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2016 10/17/16 Sold $75,000 -11.7% --
08/27/2016 08/27/16 Pending -- -- --
05/17/2011 05/17/11 For Sale $84,900 -- --
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $174,980 $17,250 $157,730
2023 $12,683 $131,320 $23,910 $107,410
2022 $6,854 $131,320 $23,910 $107,410
2021 $6,881 $131,320 $23,910 $107,410
2020 $6,743 $114,190 $20,790 $93,400
2019 $1,027 $111,030 $20,790 $90,240
2018 $3,437 $16,230 $16,230 $0
2017 $1,028 $16,230 $16,230 $0
2016 $945 $16,230 $16,230 $0
2015 $898 $16,230 $16,230 $0
2014 $898 $16,230 $16,230 $0
2013 $898 $16,230 $16,230 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Sisko

    Seller's Agent in 2016

    Lisa Sisko

    Keller Williams Greater Metropolitan

    (440) 796-8043

    465 Total Sales

    Lisa Sisko
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Map

Source: MLS Now

MLS Number: 3226663

MLS Now

APN: 08-A-015-D-00-029

Ohio Lake County Concord Township 44077

11320 Palmer Rd Unit V/L 5, Concord Township, OH

This home is located at 11320 Palmer Rd Unit V/L 5, Concord Township, OH 44077 since 17 May 2011 and is currently estimated at $557,883. 11320 Palmer Rd Unit V/L 5 is a home located in Lake County with nearby schools including Henry F. Lamuth Middle School, Riverside Junior/Senior High School, and Summit Academy Community School - Painesville.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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