NOT LISTED FOR SALE

2878 Oakwood Dr Willoughby Hills, OH 44094

Estimated Value: $497,000 - $556,933

5 Beds
3.5 Baths
3,585 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $359,000 $100 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,924/month

99 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Community Pool
  • Deck
  • 1 Fireplace
  • Tennis Courts

About This Home

As of July 2020

Beautiful and move in ready Willoughby Hills brick colonial! Huge family room with vaulted ceilings, Brazilian hardwood floors, and a fireplace with a custom mantle! Living room has crown molding and is perfect for entertaining! Eat-in-kitchen with center island, beautiful wood cabinets, granite counters, dinette and tiled back splash. Separate dining room had beautiful crown molding and hardwood flooring! Four large bedrooms plus bonus room upstairs including master suite with attached glamour bath with double sinks and a huge walk in closet! First Floor laundry room has tons of space for folding and hanging clothes! Large First floor office at the front of the house! Partially finished lower level rec room, huge back deck, beautiful yard and brick patio make this home perfect for parties in all seasons! *Attached 2.5 car garage* Furnace and A/C new in 2015! Tank-less hot water heater! Shows great, come see today!

Last Agent to Sell the Property

Paul Paratto

Howard Hanna License #302750 Listed on: 02/25/2020

Howard Hanna

Co-Listed By

Dominic Paratto

Howard Hanna License #2014000135

Last Buyer's Agent

Robert Zimmer

Keller Williams Greater Metropolitan License #404374

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,560

Year Built

  • Built in 1993

Lot Details

  • 1 Acre Lot
  • East Facing Home
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 31-A-006-L-00-014-0

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Oakwood Estates Sub Community
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,560

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 112.43
  • Estimated Price per Sq Ft: 112.43
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3193
  • Year Built: 1993
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Finished, Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3193.00
  • Sq Ft Approx Below Grade Finished: 392.00
  • Sq Ft Approx Total Finished: 3585.00

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Deck, Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Park, Playground, Pool, Shopping/Mall, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Oakwood Estates Sub

Schools

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

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.0000
  • Parcel Number: 31-A-006-L-00-014-0

Tax Info

  • Tax: 7560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Jul 9, 2020
Sold by
Schaum Benjamin A and Schaum Amy M
Bought by
Beverly Lenwood P and Beverly Wendy Y
Seller's Agent
Paul Paratto
Howard Hanna
Buyer's Agent
Robert Zimmer
Keller Williams Greater Metropolitan
List Price
$409,900
Sold Price
$359,000
Premium/Discount to List
-$50,900
-12.42%
Current Estimated Value
$533,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,983
Avg. Annual Appreciation
8.03%
Original Mortgage
$287,200
Outstanding Balance
$255,237
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$278,746

Purchase Details

Closed on
Aug 24, 2011
Sold by
Bencic Linda L
Bought by
Schaum Benjamin A and Schaum Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
3.04%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2005
Sold by
Bencic Michael J and Bencic Linda L
Bought by
Bencic Linda L

Purchase Details

Closed on
Sep 10, 1993
Bought by
Bencic Michael 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
Beverly Lenwood P $359,000 Enterprise Title Agency Inc
Schaum Benjamin A -- Attorney
Bencic Linda L -- First American Title
Bencic Michael J $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beverly Lenwood P $50,000
Open Beverly Lenwood P $287,200
Previous Owner Schaum Benjamin A $221,000
Previous Owner Schaum Benjamin A $270,400
Previous Owner Bencic Linda L $156,000
Previous Owner Bencic Michael J $189,800
Previous Owner Bencic Michael J $185,000
Previous Owner Bencic Michael J $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $359,000 -7.9% $100 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $389,900 -2.5% $109 / Sq Ft
03/20/2020 03/20/20 Price Changed $399,900 -2.4% $112 / Sq Ft
02/25/2020 02/25/20 For Sale $409,900 -- $114 / 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 -- $176,300 $31,260 $145,040
2023 $12,238 $134,280 $24,300 $109,980
2022 $8,238 $134,280 $24,300 $109,980
2021 $8,277 $134,280 $24,300 $109,980
2020 $8,255 $119,890 $21,700 $98,190
2019 $1,304 $119,890 $21,700 $98,190
2018 $3,780 $111,380 $26,180 $85,200
2017 $7,446 $111,380 $26,180 $85,200
2016 $7,430 $111,380 $26,180 $85,200
2015 $7,365 $111,380 $26,180 $85,200
2014 $6,992 $111,380 $26,180 $85,200
2013 $6,995 $111,380 $26,180 $85,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Paratto

    Seller's Agent in 2020

    Paul Paratto

    Howard Hanna

    (440) 953-5697

    24 in this area

    700 Total Sales

    Paul Paratto
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Dominic Paratto

    Howard Hanna

    12 in this area

    237 Total Sales

    Dominic Paratto
    Section Image
  • Robert Zimmer

    Buyer's Agent in 2020

    Robert Zimmer

    Keller Williams Greater Metropolitan

    (216) 406-5719

    216 Total Sales

    Robert Zimmer
    Section Image
  • Sam Zimmer

    Buyer Co-Listing Agent in 2020

    Sam Zimmer

    Keller Williams Greater Metropolitan

    (216) 469-4635

    171 Total Sales

    Sam Zimmer
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4170550

MLS Now

APN: 31-A-006-L-00-014

Ohio Lake County Willoughby Hills 44094

2878 Oakwood Dr, Willoughby Hills, OH

This home is located at 2878 Oakwood Dr, Willoughby Hills, OH 44094 since 25 February 2020 and is currently estimated at $533,983, approximately $148 per square foot. This property was built in 1993. 2878 Oakwood Dr 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.

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