$310,000
SOLD JAN 24, 2012

31406 Lake Rd Bay Village, OH 44140

3 Beds
1.5 Baths
1,838 Sq Ft
0.27 Acres

Recently Sold

$169 Per Sq Ft

22% Below List Price

31 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • Westerly Elementary School Rated A
  • 1 Fireplace
  • Park

About This Home

As of July 2021

Tremendous opportunity to build your dream home on Lake Erie or restore this 1880 lakefront cottage. This is truly a rare chance to own prime lake front property. 3 40x95 parcels totalling .27 acres and backing to the private Eagle Cliff Park. Stunning views of Lake Erie, the Cleveland skyline and points east. Majestic mature trees. This is most likely a tear down situation but the existing historic home could also be restored. This property is being sold as is. Exceptional value. Priced to sell.

Last Agent to Sell the Property

Ken Kazel

OwnerLand Realty, Inc. License #301438 Listed on: 11/13/2011

OwnerLand Realty, Inc.

Last Buyer's Agent

Ken Kazel

OwnerLand Realty, Inc. License #301438 Listed on: 11/13/2011

OwnerLand Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 120x95
  • Lake Front
  • North Facing Home
  • Partially Fenced Property

Property Views

  • Lake
  • City

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,838 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 201-02-010

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 168.66
  • Num Of Stories: 3.00
  • Total Sq Ft: 1838
  • Year Built: 1880
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Crawl, Slab
  • Living Area Sq Ft: 1838
  • Estimated Total Living Area: 1838
  • Estimated Sq Ft: 1838

Exterior Features

  • View: City View, Lake Erie, Water View
  • Exterior: Aluminum
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener
  • 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

Schools

  • School District: Bay Village CSD
  • School District: Bay Village CSD

Lot Info

  • Lot Dimensions: 120X95
  • Lot Description: Lake Front
  • Lot Size Area Sq Ft: 11761.0000
  • Lot Size Frontage: 120
  • Lot Size Units: Acres
  • Price Per Acre: 1148148.15
  • Acres: 0.2700
  • Parcel Number: 201-02-010

Tax Info

  • Tax: 12468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 22, 2021
Sold by
Szegedy Allen T and Szegedy Pamela M
Bought by
Viasek Jeffrey R and Viasek Kathleen M
Seller's Agent
Brian Salem
EXP Realty, LLC.
Buyer's Agent
Bev Montgomery
Howard Hanna
List Price
$1,195,000
Sold Price
$1,195,000
Total Days on Market
31
Current Estimated Value
$1,415,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,480
Avg. Annual Appreciation
4.34%
Original Mortgage
$956,000
Outstanding Balance
$878,977
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$536,503

Purchase Details

Listed on
Nov 13, 2011
Closed on
Jan 20, 2012
Sold by
Mowen Jacqueline A and Mowen Theodore W
Bought by
Szegedy Allen T and Szegedy Pamela M
Seller's Agent
Ken Kazel
OwnerLand Realty, Inc.
Buyer's Agent
Ken Kazel
OwnerLand Realty, Inc.
List Price
$399,900
Sold Price
$310,000
Premium/Discount to List
-$89,900
-22.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%

Purchase Details

Closed on
Jun 1, 1976
Sold by
Fusile Helen L
Bought by
Fusile Sam J

Purchase Details

Closed on
Jan 1, 1975
Bought by
Fusile Helen L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,195,000 Resource Title Agency
Survivorship Deed $310,000 Revere Title
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $956,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $1,195,000 0.0% $273 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,195,000 0.0% $273 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $1,195,000 +285.5% $273 / Sq Ft
01/24/2012 01/24/12 Sold $310,000 -22.5% $169 / Sq Ft
12/14/2011 12/14/11 Pending -- -- --
11/13/2011 11/13/11 For Sale $399,900 -- $218 / 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 $27,870 $411,250 $25,095 $386,155
2023 $31,538 $394,240 $82,670 $311,570
2022 $1,408 $17,680 $17,680 $0
2021 $1,276 $394,240 $82,670 $311,570
2020 $1,183 $328,510 $68,880 $259,630
2019 $1,148 $938,600 $196,800 $741,800
2018 $38,049 $328,510 $68,880 $259,630
2017 $4,109 $315,000 $54,600 $260,400
2016 $4,092 $611,450 $54,600 $556,850
2015 $49,778 $611,450 $54,600 $556,850
2014 $49,778 $586,040 $49,630 $536,410
Source: Public Records

Agents Affiliated with this Home

  • Brian Salem

    Seller's Agent in 2021

    Brian Salem

    EXP Realty, LLC.

    (216) 244-2549

    13 in this area

    526 Total Sales

    Brian Salem
    Section Image
  • Donna Longrich

    Seller Co-Listing Agent in 2021

    Donna Longrich

    EXP Realty, LLC.

    (440) 724-3572

    1 in this area

    25 Total Sales

    Donna Longrich
    Section Image
  • Bev Montgomery

    Buyer's Agent in 2021

    Bev Montgomery

    Howard Hanna

    (440) 821-8585

    11 in this area

    94 Total Sales

    Bev Montgomery
    Section Image

  • K

    Seller's Agent in 2012

    Ken Kazel

    OwnerLand Realty, Inc.

    53 Total Sales

    Ken Kazel
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3275499

MLS Now

APN: 201-02-010

Ohio Cuyahoga County Bay Village 44140

31406 Lake Rd, Bay Village, OH

This home is located at 31406 Lake Rd, Bay Village, OH 44140 and is currently priced at $310,000, approximately $168 per square foot. This property was built in 1880. 31406 Lake Rd is a home located in Cuyahoga County with nearby schools including Westerly Elementary School, Normandy Elementary School, and Bay 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.

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.

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