NOT LISTED FOR SALE

37476 Ocean Reef Unit B-24 Willoughby, OH 44094

Estimated Value: $221,000 - $227,000

3 Beds
1.5 Baths
1,458 Sq Ft
0.35 Acres

Last Sold June 21, 2022

Last sale price $185,000 $127 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,485/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of June 2022

Located minutes from downtown Willoughby in highly desired Smugglers Cove, this condo is spacious and welcoming. Entering through the front door, into the front room, you will find your first of two large living spaces. The updated kitchen located behind the Living room boasts new appliances, breakfast nook and bar and a picture light that opens into the dining room allowing light flowing in from the family room. The family room is large with a brick gas fireplace and a sliding glass door leading to a backyard patio ready for your summer BBQing enjoyment. The laundry room and half bath are conveniently located and round out the first floor. Upstairs you will find the primary bedroom having huge double closets, the main bath immediately outside of the primary. Two additional bedrooms plus a large storage space above the 2 car garage. Smugglers Cove is located near the Chagrin River Park system with hiking and biking paths and picnic areas! Just MOVE IN and enjoy the maintenance free living of this beautiful development!

Last Agent to Sell the Property

Tish Hummer

Howard Hanna License #2015002798 Listed on: 05/12/2022

Howard Hanna

Last Buyer's Agent

Lisa Barrett

Coldwell Banker Schmidt Realty License #445213

Coldwell Banker Schmidt Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,141

Year Built

  • Built in 1993

Lot Details

  • 0.35

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,458 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-B-043-A-00-091-0

Community Details

Overview

  • $290 Annual Maintenance Fee
  • Maintenance fee includes Association Insurance, Exterior Building, Landscaping, Reserve Fund, Sewer, Snow Removal, Trash Removal, Water
  • Smugglers Cove Condo Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,141

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Bungalow, Cape Cod
  • Unit Location: End
  • Price Per Square Foot: 126.89
  • Estimated Price per Sq Ft: 126.89
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1458
  • Year Built: 1993
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Slab
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1458.00
  • Sq Ft Approx Total Finished: 1458.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Maint Fee Amount: 290.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Association Insurance, Exterior Building, Landscaping, Reserve Fund, Sewer, Snow Removal, Trash Removal, Water
  • Maint Provider: Quality Community Mtg
  • Subdivision Complex: Smugglers Cove Condo

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3500
  • Parcel Number: 27-B-043-A-00-091-0
  • LandLeaseYN: No

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 3141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 3, 2022
Sold by
Graziano Matthew M and Graziano Jessica
Bought by
Hoopes-Boyd Emily and Boyd Jonathan
Seller's Agent
Tish Hummer
Howard Hanna
Buyer's Agent
Lisa Barrett
Coldwell Banker Schmidt Realty
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$223,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,461
Avg. Annual Appreciation
6.12%
Original Mortgage
$148,000
Outstanding Balance
$141,058
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$82,403

Purchase Details

Closed on
Aug 26, 2016
Sold by
Meluch Lisa N
Bought by
Graziano Matthew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2013
Sold by
Spaid Dennis A and Spaid Carlotta B
Bought by
Meluch Lisa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Schlappal Deborah L
Bought by
Spaid Dennis A and Spaid Carlotta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 5, 1993
Bought by
Schlappal Deborah L
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
Hoopes-Boyd Emily $185,000 Chicago Title
Graziano Matthew M $119,000 None Available
Meluch Lisa N $116,000 First American Title Insuran
Spaid Dennis A $168,000 Enterprise Title
Schlappal Deborah L $98,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoopes-Boyd Emily $148,000
Previous Owner Graziano Matthew M $95,200
Previous Owner Meluch Lisa N $110,000
Previous Owner Spaid Dennis A $50,000
Previous Owner Spaid Dennis A $134,400
Previous Owner Schlappal Deborah L $70,000
Previous Owner Schlappal Deborah L $40,000
Previous Owner Schlappal Deborah L $35,301
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $185,000 +2.8% $127 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $179,900 -- $123 / 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 -- $63,520 $15,120 $48,400
2023 $3,239 $50,740 $12,080 $38,660
2022 $3,127 $50,740 $12,080 $38,660
2021 $3,141 $50,740 $12,080 $38,660
2020 $3,063 $44,110 $10,500 $33,610
2019 $2,842 $44,110 $10,500 $33,610
2018 $2,799 $39,580 $680 $38,900
2017 $2,672 $39,580 $680 $38,900
2016 $2,663 $39,580 $680 $38,900
2015 $2,574 $39,580 $680 $38,900
2014 $2,443 $39,580 $680 $38,900
2013 $2,445 $39,580 $680 $38,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4371389

MLS Now

APN: 27-B-043-A-00-091