NOT LISTED FOR SALE

2540 Falmouth Rd Ottawa Hills, OH 43615

Estimated Value: $1,029,000 - $1,105,000

5 Beds
7 Baths
5,708 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $900,000 $158 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,840/month

1 Day on Market

Highlights

  • 0.94 Acre Lot
  • Family Room with Fireplace
  • Circular Driveway
  • Ottawa Hills Elementary School Rated A
  • Traditional Architecture
  • 3 Car Attached Garage

About This Home

As of August 2018

For Comparable Purposes Only

Last Agent to Sell the Property

David Effler

Effler Schmitt Co License #0000216675 Listed on: 08/09/2018

Co-Listed By

Daniel Effler

Effler Schmitt Co License #2011002374

Last Buyer's Agent

Joseph Mathias

RE/MAX Preferred Associates License #2003003298

RE/MAX Preferred Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,725

Year Built

  • Built in 1990

Lot Details

  • 0.94 Acre Lot
  • Rectangular Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 5,708 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Schools

  • Ottawa Hills Elementary School
  • Ottawa Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Ottawa Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 88-10637

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,725

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Lot Size Acres: 0.9412
  • Lot Size: 41,000
  • Co List Office Mls Id: SCHM
  • Co List Office Phone: (419) 537-1113
  • Inclusions: ,,
  • Subdivision Name: Ottawa Hills
  • Architectural Style: Traditional, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Stories: 2
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Interior Amenities: Bath in Primary Bedroom
  • Living Area: 5708.0
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Stone
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Asphalt, Attached, Circular Driveway, Driveway, Garage, Rear/Side/Off Street
  • Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Cooling: Central Air
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Ottawa Hills

Lot Info

  • Parcel #: 88-10637
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Ottawa Hills
  • HighSchool: Ottawa Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Ravani David P
Bought by
Daapr Irrevocable Trust
Current Estimated Value
$1,069,224

Purchase Details

Closed on
Nov 20, 2021
Sold by
Roth Rick and Daapr Irrevocable Trust
Bought by
Ravani David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,935
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2020
Sold by
Ravani David P
Bought by
Roth Rick and Daapr Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,300
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 14, 2020
Sold by
Roth Rick and Daapr Irrevocable Trust
Bought by
Ravani David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2019
Sold by
Ravani David P
Bought by
Roth Rick and Daapr Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,400
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 14, 2019
Sold by
Roth Rick and Daapr Irrevocable Trust
Bought by
Ravani David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,400
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 9, 2018
Closed on
Aug 10, 2018
Sold by
Ravani David P
Bought by
Roth Rick and Daapr Irrevocable Trust
Seller's Agent
David Effler
Effler Schmitt Co
Buyer's Agent
Joseph Mathias
RE/MAX Preferred Associates
List Price
$999,999
Sold Price
$900,000
Premium/Discount to List
-$99,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 7, 2016
Sold by
Weichert Workforce Mobility Inc
Bought by
Perring Paul D and Perring Marie A
Seller's Agent
Jane Bretl
Howard Hanna
Buyer's Agent
Heather Patacca
The Danberry Co.
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$807,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2016
Sold by
Harvey John and Harvey Jennifer
Bought by
Workforce Mobiliyt Inc

Purchase Details

Listed on
Aug 7, 2015
Closed on
Sep 28, 2015
Sold by
Herman Margaret R
Bought by
Harvey John and Harvey Jennifer
Seller's Agent
David Effler
Effler Schmitt Co
Buyer's Agent
Jane Bretl
Howard Hanna
List Price
$875,000
Sold Price
$815,000
Premium/Discount to List
-$60,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%

Purchase Details

Closed on
Dec 5, 2011
Sold by
Hermab Charles J and Herman Margaret R
Bought by
Herman Margaret R and The Margaret R Herman Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,395
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2009
Sold by
Pike William D and Pike Susan L
Bought by
Herman Charles J and Herman Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2006
Sold by
Geiger Paulette K and Geiger Thomas B
Bought by
Pike William D and Pike Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 20, 1993
Sold by
Cardwell Michael S

Purchase Details

Closed on
Jul 2, 1990
Sold by
Zervos Chris J
Source: Public Records

Range of Values:

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Average Value
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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
Daapr Irrevocable Trust -- --
Ravani David P -- None Available
Roth Rick -- None Available
Ravani David P -- None Available
Roth Rick -- None Available
Ravani David P -- None Available
Roth Rick -- None Available
Ravani David P $900,000 None Available
Perring Paul D $850,000 None Available
Workforce Mobiliyt Inc $850,000 Chicago Title Box
Harvey John $815,000 None Available
Herman Margaret R -- Attorney
Herman Charles J $757,500 Chicago Title Insurance Co
Pike William D $800,000 None Available
-- $685,000 --
-- $736,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravani David P $275,000
Previous Owner Ravani David P $407,935
Previous Owner Ravani David P $306,300
Previous Owner Ravani David P $442,000
Previous Owner Ravani David P $384,400
Previous Owner Ravani David P $453,100
Previous Owner Perring Paul D $807,500
Previous Owner Herman Charles J $405,395
Previous Owner Herman Charles J $417,000
Previous Owner Pike William D $80,000
Previous Owner Pike William D $640,000
Previous Owner Geiger Thomas B $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $900,000 -10.0% $158 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $999,999 +17.6% $175 / Sq Ft
10/17/2016 10/17/16 Sold $850,000 -5.5% $149 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
08/25/2016 08/25/16 Price Changed $899,000 -2.8% $157 / Sq Ft
08/09/2016 08/09/16 For Sale $925,000 +13.5% $162 / Sq Ft
10/01/2015 10/01/15 Sold $815,000 -6.9% $143 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $875,000 -- $153 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $13,725 $314,615 $61,460 $253,155
2023 $26,610 $278,915 $50,295 $228,620
2022 $26,874 $278,915 $50,295 $228,620
2021 $27,234 $278,915 $50,295 $228,620
2020 $29,017 $267,400 $48,685 $218,715
2019 $26,378 $267,400 $48,685 $218,715
2018 $26,289 $267,400 $48,685 $218,715
2017 $26,733 $253,540 $41,160 $212,380
2016 $26,488 $724,400 $117,600 $606,800
2015 $26,589 $724,400 $117,600 $606,800
2014 $25,993 $253,540 $41,160 $212,380
2013 $25,993 $253,540 $41,160 $212,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6029682

Northwest Ohio Real Estate Information Service (NORIS)

APN: 88-10637