NOT LISTED FOR SALE

26647 Lake of the Falls Blvd Unit 26647 Olmsted Falls, OH 44138

Estimated Value: $142,000 - $149,000

2 Beds
1.5 Baths
1,144 Sq Ft
$244/mo HOA Fee

Last Sold October 15, 2019

Last sale price $80,000 $70 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,251/month

28 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Community Playground
  • Falls-Lenox Primary Elementary School Rated A-
  • 1 Car Direct Access Garage
  • Park

About This Home

As of October 2019

Move-In Ready Townhouse! Pride of ownership abound in this 2 bedroom condo. Attached garage with direct entry into the unit. Views of the pond, park and pool! All of the flooring has been updated throughout the years, ceramic tile in kitchen, bathrooms, and front entry. Newer carpet in living room, upstairs and in the bedrooms. Carpet is hardly worn due to homeowner's infrequent need to stay at the condo. Newer AC, Furnace, and Hot Water tank. Windows have been replaced. All appliances stay. The condos at Lake of the Falls are approved for VA Loans! Don't miss out!

Last Agent to Sell the Property

Nathan Torok

Russell Real Estate Services License #2010001627 Listed on: 07/24/2019

Russell Real Estate Services

Co-Listed By

Sue Torok

Russell Real Estate Services License #414795

Last Buyer's Agent

Michael Rath

ERA Real Solutions Realty License #202898

ERA Real Solutions Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1972

Lot Details

  • 44

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Parking Lot
  • Assigned Parking

Property Views

  • Water
  • Park or Greenbelt

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 291-01-409

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, parking, recreation facilities, reserve fund, snow removal
  • Lake Of The Falls Association
  • Lake Falls Condo Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,834

Year Built

Built in 1972

Lot Details

0

HOA Fees

$244 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1972
  • ResoLotFeatures: Pond on Lot
  • ResoPoolFeatures: In Ground, Community
  • Reso View: Park/Greenbelt, Water
  • Reso Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Snow Removal
  • Co List Office Mls Id: 2801
  • Co List Office Phone: 440-777-2000
  • Subdivision Name: Lake Falls Condo
  • Above Grade Finished Sq Ft: 1144.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Condominium,Townhouse
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Built-In Oven, Dryer, Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Direct Access, Electricity, Garage, Garage Door Opener, Paved, Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Park, Pool
  • Association Fee: 244.45
  • Association Fee Frequency: Monthly
  • Association Name: Lake of the Falls
  • Association: Yes

Schools

  • Junior High Dist: Olmsted Falls CSD - 1822

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 291-01-409
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1834.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Oct 11, 2019
Sold by
Schneider Michelle
Bought by
Franklin Mary
Seller's Agent
Nathan Torok
Russell Real Estate Services
Buyer's Agent
Michael Rath
ERA Real Solutions Realty
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$146,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,017
Avg. Annual Appreciation
10.60%
Original Mortgage
$77,600
Outstanding Balance
$67,982
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$78,036

Purchase Details

Closed on
Feb 25, 1999
Sold by
Zastudil Loretta M
Bought by
Schneider Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.92%

Purchase Details

Closed on
Nov 8, 1983
Sold by
Zastudil James E
Bought by
Zastudil Loretta M

Purchase Details

Closed on
Mar 8, 1976
Sold by
Leiz Helen R
Bought by
Zastudil James E

Purchase Details

Closed on
Jan 1, 1975
Bought by
Leiz Helen R
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
Franklin Mary $80,000 Cleveland Home Title
Schneider Michelle $75,000 Chicago Title Insurance Comp
Zastudil Loretta M -- --
Zastudil James E $28,000 --
Leiz Helen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Mary $77,600
Previous Owner Schneider Michelle $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $80,000 0.0% $70 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/08/2019 08/08/19 Price Changed $80,000 -5.9% $70 / Sq Ft
07/24/2019 07/24/19 For Sale $85,000 -- $74 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $2,793 $40,740 $4,060 $36,680
2023 $2,371 $28,010 $2,840 $25,170
2022 $2,343 $28,000 $2,840 $25,170
2021 $2,319 $28,000 $2,840 $25,170
2020 $2,061 $21,880 $2,210 $19,670
2019 $1,831 $62,500 $6,300 $56,200
2018 $1,933 $21,880 $2,210 $19,670
2017 $2,027 $22,620 $2,280 $20,340
2016 $2,014 $22,620 $2,280 $20,340
2015 $2,433 $22,620 $2,280 $20,340
2014 $2,433 $25,130 $2,520 $22,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4118486

MLS Now (Howard Hanna)

APN: 291-01-409