NOT LISTED FOR SALE

1324 Monaghan Rd Kelleys Island, OH 43438

Estimated Value: $1,173,000 - $2,686,000

4 Beds
5.5 Baths
3,124 Sq Ft
$633/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $2,656,800 $850 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $12,727/month

95 Days on Market

Highlights

  • Home fronts a seawall
  • Bay View
  • 15 Car Detached Garage
  • Private Beach
  • 11 Acre Lot
  • Storm Windows

About This Home

As of November 2021

Premier Waterfront Real Estate Auction - Lake Erie Waterfront - Long Point Peninsula - Kelleys Island, OH - SATURDAY OCTOBER 2 @ 11AM. Located in the Northeast corner of Kelleys Island and arguably the best location in Lake Erie. 20 yr Family ownership directs the immediate sale of the property known as Long Point - Kelleys Island Ohio of which there have only been 2 owners since 1940! This is truly a once in a lifetime opportunity to purchase the most Beautiful and Unique Residential location in all of the Lake Erie Islands! Property will be offered in Parcels and then in its entirety. 11 Acres in 3 Parcels: Parcel #1; 3,000 Sq. Ft. Home, 7,000 Sq. Ft. Island Barn on 5.1 AC, Suggested Opening Bid Only $550,000. Parcel #2: The Island Tip with Lighthouse Pavilion ON 4.7AC, Suggested Opening Bid Only $375,000. Parcel #3: 2 Acre Building Site w/ 300' of shoreline, Suggested Opening Bid Only $125,000. AUCTION TO BE HELD OFFSITE AT KALAHARI RESORT IN SANDUSKY SEPT. 18 @ 11:00 AM

Last Listed By

Joel Dutton

Keller Williams Legacy Group License #000207194 Listed on: 06/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,373

Year Built

  • Built in 1993

Lot Details

  • 11 Acre Lot
  • Home fronts a seawall
  • Private Beach
  • Additional Parcels

Parking

  • 15 Car Detached Garage
  • Heated Garage

Property Views

  • Bay
  • Lake

Home Design

  • Brick Veneer
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 3,124 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Workshop
  • 200+ Amp Service
  • Power Generator
  • Well
  • Septic Tank
  • Leach Field

Community Details

  • Village/Kelleys Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5400676000
  • $8,373 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,373

Year Built

Built in 1993

Lot Details

0

Parking

15

Listing Details

  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • LaundryFeatures: Laundry Room
  • Lot Size Acres: 11
  • View Type:Pond View: Bay, Lake
  • NAV29_Unit_1_Appliances: Dishwasher, Range, Refrigerator
  • SecurityFeatures: Security System
  • MLS Status: Sold
  • Subdivision Name: Village/Kelleys Island
  • Directions: From Seaway Marina: Take W Lakeshore Dr. to Division St. Then north on Division St to Chappell St. Then east on Chappell St to Monaghan Rd. Then Monaghan Rd past Camp Patmos to Property. Watch for Auction Signs Posted.
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Fireplace Features: Wood Burning
  • Interior Features: Ceiling Fan(s), Central Vacuum, Entrance Foyer
  • Unit Levels: Two
  • Living Area: 3124
  • Property Attached Yn: No
  • Roof: Asphalt
  • Window Features: Storm Window(s)
  • Year Built: 1993
  • Tax Year: 2020
  • Financial Info Electric: 200+ Amp Service, 220 Volts in Garage, 220 Volts in Workshop, Circuit Breakers, Generator, Underground
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: PublicRecords
  • Dining Room Features: Combo
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Room Bedroom5 Level: Second
  • Room Family Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • View: Yes
  • Waterfront Features: Lake Erie, Seawall, Beach Owned
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick Veneer, Cedar
  • Foundation Details: Crawl Space
  • Other Structures: Storage
  • Patio And Porch Features: Stone Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 15
  • Garage Spaces: 15
  • Attached Garage: Yes
  • Parking Features: Detached, Heated
  • Total Parking Spaces: 15

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Leach, Septic Tank
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Well

Schools

  • Junior High Dist: Kelleys Island

Lot Info

  • Lot Dimensions: 11
  • Lot Size Sq Ft: 223867.908
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 54019600005401987008
  • Additional Parcels: Yes
  • Parcel Number: 5400676000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8372.68
  • Tax Other Annual Assessment Amount: 8372.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Nov 23, 2021
Sold by
Smith Derek K and Smith Brittany K
Bought by
Long Point Properties Llc
Seller's Agent
Joel Dutton
Keller Williams Legacy Group
Buyer's Agent
Joel Dutton
Keller Williams Legacy Group
List Price
$550,000
Sold Price
$2,656,800
Premium/Discount to List
$2,106,800
383.05%
Total Days on Market
95
Current Estimated Value
$2,029,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$627,536
Avg. Annual Appreciation
-8.18%
Original Mortgage
$1,602,000
Outstanding Balance
$1,476,633
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$501,152

Purchase Details

Listed on
Jun 29, 2021
Closed on
Nov 22, 2021
Sold by
Smith Derek and Smith Brittany K
Bought by
Long Point Properties Llc
Seller's Agent
Joel Dutton
Keller Williams Legacy Group
Buyer's Agent
Joel Dutton
Keller Williams Legacy Group
List Price
$550,000
Sold Price
$2,656,800
Premium/Discount to List
$2,106,800
383.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,602,000
Outstanding Balance
$1,476,633
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$501,152

Purchase Details

Listed on
Jun 29, 2021
Closed on
Oct 29, 2021
Sold by
Alberta Llc
Bought by
Smith Derek and Riley Benjamin
Seller's Agent
Joel Dutton
Keller Williams Legacy Group
Buyer's Agent
Joel Dutton
Keller Williams Legacy Group
List Price
$550,000
Sold Price
$2,656,800
Premium/Discount to List
$2,106,800
383.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,602,000
Outstanding Balance
$1,476,633
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$501,152

Range of Values:

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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
Long Point Properties Llc -- Lonz Brian J
Long Point Properties Llc -- None Available
Smith Derek $2,052,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Derek $1,602,000
Previous Owner Alberta Llc $1,072,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $2,656,800 +383.1% $850 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $550,000 -- $176 / Sq Ft
Source: Firelands Association of REALTORS®

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 $17,727 $767,720 $407,380 $360,340
2023 $17,727 $397,470 $173,208 $224,262
2022 $10,349 $397,477 $173,208 $224,269
2021 $8,977 $348,940 $124,670 $224,270
2020 $8,373 $330,220 $123,950 $206,270
2019 $8,873 $330,220 $123,950 $206,270
2018 $8,980 $330,220 $123,950 $206,270
2017 $5,354 $211,560 $98,190 $113,370
2016 $5,253 $211,560 $98,190 $113,370
2015 $4,980 $211,560 $98,190 $113,370
2014 $3,320 $140,060 $26,690 $113,370
2013 $1,646 $140,060 $26,690 $113,370
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joel Dutton

    Keller Williams Legacy Group

  • D

    Seller Co-Listing Agent in 2021

    Default zSystem

    zSystem Default

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20213517

APN: 54-00676-000

Ohio Erie County Kelleys Island 43438

1324 Monaghan Rd, Kelleys Island, OH

Homes for Sale in Kelleys Island, OH

This home is located at 1324 Monaghan Rd, Kelleys Island, OH 43438 since 29 June 2021 and is currently estimated at $1,977,785, approximately $633 per square foot. This property was built in 1993. 1324 Monaghan Rd is a home located in Erie County.

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