NOT LISTED FOR SALE

28450 Lorain Rd North Olmsted, OH 44070

Estimated Value: $9,272,241

3 Beds
-- Bath
20,240 Sq Ft
$458/Sq Ft Est. Value

About This Home

This home is located at 28450 Lorain Rd, North Olmsted, OH 44070 and is currently estimated at $9,272,241, approximately $458 per square foot. 28450 Lorain Rd is a home located in Cuyahoga County with nearby schools including Chestnut Intermediate Elementary School, Pine Intermediate School, and North Olmsted Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2019
Sold by
Cars Mti 1 Lp
Bought by
Nnn Auto Owner Iii Llc
Current Estimated Value
$9,272,241

Purchase Details

Closed on
Apr 30, 2012
Sold by
M2 Realty Llc
Bought by
Car Bmc Oh Cpo Llc

Purchase Details

Closed on
Aug 26, 2010
Sold by
M3 Realty Llc
Bought by
M2 Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2009
Sold by
B A D Boys Ltd
Bought by
Capstone Realty Inc

Purchase Details

Closed on
Jan 6, 2009
Sold by
Land Holding Llc
Bought by
M3 Realty Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Lynn James E and Moores Marlys
Bought by
B A D Boys Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
5.71%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 1998
Sold by
Papotto Angelo and Papotto Angelo
Bought by
Papotto Angelo and Papotto Denise

Purchase Details

Closed on
Sep 16, 1996
Sold by
Heath Amy L
Bought by
Papotto Angelo

Purchase Details

Closed on
Oct 1, 1992
Sold by
Hamilton Phyllis Harriette
Bought by
Heath Chalres F

Purchase Details

Closed on
Apr 3, 1987
Sold by
Thumm E Harriette
Bought by
Hamilton Phyllis Harriette

Purchase Details

Closed on
Feb 26, 1987
Sold by
Thumm Harriette E
Bought by
Thumm E Harriette

Purchase Details

Closed on
Nov 12, 1985
Sold by
Thumm Carl and Thumm Harriette
Bought by
Thumm Harriette E

Purchase Details

Closed on
Jan 1, 1975
Bought by
Thumm Carl and Thumm Harriette
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
Nnn Auto Owner Iii Llc $6,000,000 First American Title Ins Co
Car Bmc Oh Cpo Llc $4,000,000 First American Title Ins Co
M2 Realty Llc -- None Available
Capstone Realty Inc -- Attorney
M3 Realty Llc $900,000 Chicago Title Ins Co
B A D Boys Ltd $875,000 First American Title Ins Co
Papotto Angelo -- --
Papotto Angelo $300,000 --
Heath Chalres F $80,000 --
Hamilton Phyllis Harriette -- --
Thumm E Harriette -- --
Thumm Harriette E -- --
Thumm Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cars Mti-1 Lp $0
Previous Owner Car Bmc Oh Cpo Llc $260,000,000
Previous Owner M2 Realty Llc $2,062,500
Previous Owner M2 Realty Llc $1,250,000
Previous Owner M3 Realty Llc $700,000
Previous Owner B A D Boys Ltd $15,000,000
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 $150,413 $1,398,600 $429,520 $969,080
2023 $121,433 $1,071,880 $451,010 $620,870
2022 $121,228 $1,071,880 $451,010 $620,870
2021 $111,747 $1,071,880 $451,010 $620,870
2020 $107,146 $1,020,810 $429,520 $591,290
2019 $100,070 $2,916,600 $1,227,200 $1,689,400
2018 $100,419 $1,020,810 $429,520 $591,290
2017 $125,114 $1,191,130 $259,110 $932,020
2016 $123,919 $1,191,130 $259,110 $932,020
2015 $104,103 $1,191,130 $259,110 $932,020
2014 $104,103 $1,011,500 $217,910 $793,590
Source: Public Records

Map

Ohio Cuyahoga County North Olmsted 44070

28450 Lorain Rd, North Olmsted, OH

This home is located at 28450 Lorain Rd, North Olmsted, OH 44070 and is currently estimated at $9,272,241, approximately $458 per square foot. 28450 Lorain Rd is a home located in Cuyahoga County with nearby schools including Chestnut Intermediate Elementary School, Pine Intermediate School, and North Olmsted Middle 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.

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