NOT LISTED FOR SALE

2723 Som Center Rd Willoughby Hills, OH 44094

3 Beds
1 Bath
1,006 Sq Ft
0.78 Acres

Last Sold December 27, 2017

Last sale price $200,000 $199 Per Sq Ft

13 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2017

Outstanding opportunity for potential commercial development. Home and lot being marketed as-is. Buyer to obtain all information and permissions for any commercial use from city and county. Seller does not guarantee property use. Home on property is in need of substantial repair and work. Call Broker for details

Last Agent to Sell the Property

Michael Sivo & Alan Benjamin Brokers

Deleted Agent License #2002004450 Listed on: 10/12/2017

Deleted Agent

Last Buyer's Agent

Michael Sivo & Alan Benjamin Brokers

Deleted Agent License #2002004450 Listed on: 10/12/2017

Deleted Agent

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.78 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 31-A-011-C-00-011-0

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Year Built Exception: Actual YBT
  • Year Built: 1940
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Willoughby-Eastlake
  • School District: Willoughby-Eastlake

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.7800
  • Parcel Number: 31-A-011-C-00-011-0

Tax Info

  • Tax: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2018
Sold by
Loreto Venture Group X Ltd
Bought by
Loreto Venture Group X Ltd An Ohio Limit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Outstanding Balance
$819,736
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2018
Sold by
Loreto Venture Group Xltd
Bought by
Loreto Venture Group X Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Outstanding Balance
$819,736
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 12, 2017
Closed on
Dec 21, 2017
Sold by
Wehagen Timothy
Bought by
Loreto Venture Group X Ltd
Seller's Agent
Michael Sivo & Alan Benjamin Brokers
Deleted Agent
Buyer's Agent
Michael Sivo & Alan Benjamin Brokers
Deleted Agent
List Price
$200,000
Sold Price
$200,000

Purchase Details

Closed on
Oct 6, 1993
Bought by
Wehagen Timothy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Loreto Venture Group X Ltd An Ohio Limit -- None Available
Loreto Venture Group X Ltd -- Emerald Glen Title Agency
Loreto Venture Group X Ltd $200,000 Emerald Glen Title Agency
Wehagen Timothy $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loreto Venture Group Ix Ltd $940,000
Previous Owner Wehagen Timothy $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $200,000 0.0% $199 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $200,000 -- $199 / Sq Ft
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 -- $200,990 $24,650 $176,340
2023 $18,427 $202,180 $39,210 $162,970
2022 $15,733 $202,180 $39,210 $162,970
2021 $15,796 $202,180 $39,210 $162,970
2020 $16,075 $202,180 $39,210 $162,970
2019 $2,935 $39,210 $39,210 $0
2018 $22 $360 $360 $0
2017 $25 $360 $360 $0
2016 $25 $360 $360 $0
2015 $24 $360 $360 $0
2014 $23 $360 $360 $0
2013 $23 $360 $360 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Sivo & Alan Benjamin Brokers

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3949129

MLS Now

APN: 31-A-011-C-00-011

Ohio Lake County Willoughby Hills 44094

2723 Som Center Rd, Willoughby Hills, OH

This home is located at 2723 Som Center Rd, Willoughby Hills, OH 44094 since 12 October 2017. This property was built in 1940. 2723 Som Center Rd is a home located in Lake County with nearby schools including Edison Elementary School, Willoughby Middle School, and South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes