NOT LISTED FOR SALE

25300 Lorain Rd North Olmsted, OH 44070

-- Bed
-- Bath
19,716 Sq Ft
1.68 Acres

About This Home

This home is located at 25300 Lorain Rd, North Olmsted, OH 44070. 25300 Lorain Rd is a home located in Cuyahoga County with nearby schools including Maple Intermediate Elementary School, Pine Intermediate School, and North Olmsted Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Smart Development Inc
Bought by
Horizon Education Centers

Purchase Details

Closed on
Apr 27, 2018
Sold by
Assad Proerties Llc
Bought by
Horizon Education Centers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2018
Sold by
Assad Ramez
Bought by
Assad Propertis Llc

Purchase Details

Closed on
May 16, 2016
Sold by
Assad Properties Llc
Bought by
Assad Ramez

Purchase Details

Closed on
Jun 8, 2011
Sold by
Columbia West Real Estate Investments Ll
Bought by
Assad Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2009
Sold by
Columbia West Ltd
Bought by
Columbia West Real Estate Investments Ll

Purchase Details

Closed on
Aug 28, 1998
Sold by
Columbia Medical Associates
Bought by
Columbia West Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1987
Bought by
Columbia Medical Assoc

Purchase Details

Closed on
Jan 1, 1987
Bought by
Medical Realty Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Horizon Education Centers -- Fidelity National Title
Horizon Education Centers $325,000 Northern Title Agency
Assad Propertis Llc -- None Available
Assad Ramez -- Attorney
Assad Properties Llc $175,000 Pvf
Columbia West Real Estate Investments Ll -- Attorney
Columbia West Ltd $475,000 Surety Title Agency Inc
Columbia Medical Assoc $850,000 --
Medical Realty Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horizon Activities Center $1,634,000
Previous Owner Horizon Education Centers $720,000
Previous Owner Assad Properties Llc $130,000
Previous Owner Columbia West Ltd $470,000
Source: Public Records

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 $10,487 $415,625 $143,955 $271,670
2022 $0 $318,115 $143,955 $174,160
2021 $22,478 $215,600 $143,960 $71,650
2020 $22,337 $212,800 $143,960 $68,850
2019 $21,632 $608,000 $411,300 $196,700
2018 $21,777 $212,800 $143,960 $68,850
2017 $6,061 $57,580 $22,750 $34,830
2016 $6,035 $57,580 $22,750 $34,830
2015 $15,775 $57,580 $22,750 $34,830
2014 $17,711 $61,250 $24,220 $37,030
Source: Public Records

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