NOT LISTED FOR SALE

2883 Forest Lake Dr Westlake, OH 44145

Estimated Value: $810,000 - $933,000

4 Beds
4.5 Baths
5,300 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $615,000 $116 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,614/month

Highlights

  • Spa
  • Shops
  • Central Air
  • Dover Intermediate School Rated A

About This Home

As of August 2020

Fabulous freshly painted and newly carpeted unfurnished colonial rental home. Located minutes from I-90 and I-480, with close proximity to Crocker Park and its array of amenities from shopping, dining, and movie theater, UH and Cleveland Clinic Hospitals close by, along with local parks, golf and much more. Highly regarded Westlake School district. This home boasts a huge Master Bedroom with additional sitting area and walk in closet, which comprise this 4 large bedroom, 5 bath home. Gourmet kitchen with granite and stainless appliances, office, dining room, separate living room, family room with remote fireplace make for spacious luxury living. Finished lower level with room for additional storage and full bathroom. Additional closed in heated and cooled sun room with sauna and spa hot tub built in. The fenced back yard with "owner" maintained landscaping will make summer a breeze. 3 car attached side entry garage. This 6 month minimum rental lease is available June 2020 through April 2021. Make an appointment to view.

Last Agent to Rent the Property

Gregg Wasilko

Howard Hanna License #308341 Listed on: 06/02/2020

Howard Hanna

Co-Listed By

Janice Moodie

Howard Hanna License #2013003815

Last Renter's Agent

Pauline Rechichi

2000 Professional Realty License #335060

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,468

Year Built

  • Built in 1993

Lot Details

  • 0.41

Parking

  • 3 Car Garage

Interior Spaces

  • 5,300 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Spa
  • 0.41 Acre Lot

Community Details

  • Lake Forest Community
  • Shops

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 216-04-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,468

Year Built

Built in 1993

Lot Details

0

Rental Info

  • PetsAllowed: No
  • Dateto Occupy: At Time of Lease
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating

Listing Details

  • Property Type: Rental
  • Property Subtype: Single Family
  • Price Per Square Foot: 0.88
  • Estimated Price per Sq Ft: 0.88
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4100
  • Year Built: 1993
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Sump Pump, Washer, Hot Tub
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Finished
  • Laundry On Main: 1
  • Laundry: 1
  • Living Area Sq Ft: 5300
  • Sq Ft Approx Above Grade Finished: 4100.00
  • Sq Ft Approx Total Finished: 4100.00

Garage/Parking

  • Garage Num Of Cars: 3

Utilities

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

Association/Amenities

  • Amenities: Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Lake Forest

Schools

  • School District: Westlake CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.4110
  • Parcel Number: 216-04-009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 1, 2020
Sold by
Schanz Adam
Bought by
Freiman Nathan S and Freiman Amanda M
Seller's Agent
Greg Willis
Howard Hanna
Buyer's Agent
Gregg Wasilko
Howard Hanna
List Price
$649,500
Sold Price
$615,000
Premium/Discount to List
-$34,500
-5.31%
Current Estimated Value
$872,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,355
Avg. Annual Appreciation
6.47%
Original Mortgage
$415,000
Outstanding Balance
$367,640
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$504,715

Purchase Details

Listed on
Oct 3, 2014
Closed on
Nov 21, 2014
Sold by
Thomas Kevin R and Thomas Gail A
Bought by
Schanz Adam
Seller's Agent
Lisa Humenik
RE/MAX Crossroads Properties
Buyer's Agent
Greg Willis
Howard Hanna
List Price
$595,000
Sold Price
$577,000
Premium/Discount to List
-$18,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%

Purchase Details

Closed on
Jan 7, 1998
Sold by
Loyd Kenneth W and Lloyd Andrea M
Bought by
Thomas Kevin R and Thomas Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6%

Purchase Details

Closed on
Jun 28, 1994
Sold by
Avalon Homes Inc
Bought by
Loyd Kenneth W and Loyd Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 1993
Bought by
Avalon Homes, Inc.

Purchase Details

Closed on
Jan 1, 1993
Bought by
Hennie Homes
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
Freiman Nathan S $615,000 Revere Title
Schanz Adam $577,000 Barristers Title Agency
Thomas Kevin R $427,625 --
Loyd Kenneth W $368,000 --
Avalon Homes, Inc. -- --
Hennie Homes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freiman Nathan S $415,000
Previous Owner Thomas Kevin R $342,000
Previous Owner Loyd Kenneth W $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Rented $3,600 +2.9% --
06/03/2020 06/03/20 Under Contract -- -- --
06/02/2020 06/02/20 For Rent $3,500 0.0% --
04/03/2020 04/03/20 Sold $615,000 -5.3% $116 / Sq Ft View Prior Sale
02/13/2020 02/13/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $649,500 +12.6% $123 / Sq Ft
11/28/2014 11/28/14 Sold $577,000 -3.0% $90 / Sq Ft View Prior Sale
10/20/2014 10/20/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $595,000 -- $93 / 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 $12,468 $263,200 $54,915 $208,285
2023 $11,115 $200,590 $53,520 $147,070
2022 $10,937 $200,590 $53,520 $147,070
2021 $11,138 $200,590 $53,520 $147,070
2020 $11,704 $196,670 $52,470 $144,200
2019 $11,349 $561,900 $149,900 $412,000
2018 $11,400 $196,670 $52,470 $144,200
2017 $12,052 $195,550 $48,860 $146,690
2016 $11,987 $191,870 $48,860 $143,010
2015 $9,931 $191,870 $48,860 $143,010
2014 $9,931 $159,040 $43,610 $115,430
Source: Public Records

Agents Affiliated with this Home

  • Greg Willis

    Seller's Agent in 2020

    Greg Willis

    Howard Hanna

    (216) 389-9715

    49 in this area

    239 Total Sales

    Greg Willis
    Section Image
  • Gregg Wasilko

    Landlord's Agent in 2020

    Gregg Wasilko

    Howard Hanna

    (440) 521-1757

    120 in this area

    1,442 Total Sales

    Gregg Wasilko
    Section Image

  • J

    Landlord's Co-Listing Agent in 2020

    Janice Moodie

    Howard Hanna

    (407) 810-6564

    3 Total Sales

    Janice Moodie
    Section Image

  • P

    Tenant's Agent in 2020

    Pauline Rechichi

    2000 Professional Realty

    (440) 526-9400

    5 Total Sales

    Pauline Rechichi
    Section Image
  • Lisa Humenik

    Seller's Agent in 2014

    Lisa Humenik

    RE/MAX Crossroads

    (440) 476-4959

    92 Total Sales

    Lisa Humenik
    Section Image
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Map

Source: MLS Now

MLS Number: 4193294

MLS Now

APN: 216-04-009

Ohio Cuyahoga County Westlake 44145

2883 Forest Lake Dr, Westlake, OH

This home is located at 2883 Forest Lake Dr, Westlake, OH 44145 since 02 June 2020 and is currently priced at $872,355. This property was built in 1993. 2883 Forest Lake Dr is a home located in Cuyahoga County with nearby schools including Dover Intermediate School, Lee Burneson Middle School, and Westlake 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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