NOT LISTED FOR SALE

Estimated Value: $730,000 - $964,342

0.46 Acre
$1,871,987 Price per Acre
20,038 Sq Ft Lot

Last Sold May 22, 2018

Last sale price $210,000

Est. 293% increase in value since last sale

Current estimated payment $6,298/month

736 Days on Market

About This Lot

As of May 2018

The Lakehurst Development is an elite, gated community with a wide variety of unique architectural designs! Build your custom dream home on this, .46 acre, cul de sac lot; adjacent to a designated "common area." A short walk from another designated "common area" providing lake access. Quaint Bratenahl Village setting on the shore of Lake Erie with an approximate ten minute drive from employment/theatre & sport venues/dining/entertainment in Downtown Cleveland and a ten minute drive to University Circle offering Severance Hall/Museums/shopping/Case Western Reserve/Institutes of Art & Music/Cleveland Clinic and University Hospital System campuses.

Last Agent to Sell the Property

Dennis Falvey

RE/MAX Results License #307111 Listed on: 04/07/2016

RE/MAX Results

Last Buyer's Agent

Steve Kuri

W.W. Reed And Son License #413271

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,036

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 115 x 147

HOA Fees

  • $300 Monthly HOA Fees

Utilities

  • Underground Utilities

Community Details

  • Association fees include property management
  • Lakehurst Community

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 631-04-021

Property Details

Property Type

Land

Est. Annual Taxes

$5,036

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Lot Number: 15
  • Access: Private Road
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 115

Utilities

  • Water/Sewer: Public Water, Public Sewer
  • Utilities Available: Electric, Gas

Condo/Co-op/Association

  • HOA Fees: 3600.00
  • HOA: Yes
  • HOA Fee Frequency: Annually
  • Hoa Name: Lakehurst Homeowner's Association Inc.
  • Subdivision Complex: Lakehurst

Fee Information

  • HOA Fee Includes: Property Management

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Dimensions: 115 x 147
  • Improvements: Electric, Gas, Street Lights, Underground Utilitie
  • Irregular Lot Yn: Yes
  • Lot Size Units: Acres
  • Acres: 0.4600
  • Topography: Level
  • Parcel Number: 631-04-021

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 5036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
May 17, 2018
Sold by
Store Scott R and Doe Cindy Lee
Bought by
Scott Stuart and Scott Susan
Seller's Agent
Dennis Falvey
RE/MAX Results
Buyer's Agent
Steve Kuri
W.W. Reed And Son
List Price
$255,000
Sold Price
$210,000
Premium/Discount to List
-$45,000
-17.65%
Current Estimated Value
$824,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,900
Avg. Annual Appreciation
23.21%

Purchase Details

Closed on
Jul 22, 2002
Sold by
Bratenahl Land Development Co Ltd
Bought by
Brauneck Timothy W and Brauneck Rita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,923
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Bratenahl Land Development Co Ltd
Bought by
Storc Scott R and Doe Cindy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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
Scott Stuart $210,000 Enterprise Title Agency
Brauneck Timothy W $230,000 Midland Title Security Inc
Storc Scott R $198,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scott Stuart $510,000
Closed Scott Stuart $825,660
Closed Storc Scott R $280,000
Closed Brauneck Timothy W $642,923
Closed Storc Scott R $158,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $210,000 -8.3% --
04/13/2018 04/13/18 Pending -- -- --
12/04/2017 12/04/17 Price Changed $229,000 -10.2% --
04/07/2016 04/07/16 For Sale $255,000 -- --
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 $18,038 $278,950 $84,420 $194,530
2023 $19,633 $255,820 $64,750 $191,070
2022 $19,510 $255,815 $64,750 $191,065
2020 $5,798 $64,750 $64,750 $0
2019 $5,180 $185,000 $185,000 $0
2018 $5,172 $64,750 $64,750 $0
2017 $5,015 $58,140 $58,140 $0
2016 $4,990 $58,140 $58,140 $0
2015 $4,923 $58,140 $58,140 $0
2014 $4,923 $56,460 $56,460 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3796881

MLS Now

APN: 631-04-021