NOT LISTED FOR SALE

37539 Ocean Reef Unit 37539 Willoughby, OH 44094

Estimated Value: $226,000 - $240,000

2 Beds
1.5 Baths
1,458 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $134,000 $92 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,869/month

14 Days on Market

Highlights

  • 0.42 Acre Lot
  • 1 Fireplace
  • Porch
  • Cape Cod Architecture
  • 2 Car Direct Access Garage
  • Patio

About This Home

As of December 2017

Unbelievable location at the back of Smugglers Cove on the Pond! Close to Chagrin River. 2 Fireplaces and huge Family Room. Private Dining room. Large Eat-In Kitchen. Patio with view of the pond. You'll want to hang out on the patio forever! Don't wait!! Schedule a private tour before this is snatched up!!

Last Agent to Sell the Property

Michael Schneithorst

Deleted Agent License #2011002407 Listed on: 09/22/2017

Last Buyer's Agent

Darren Burke

Keller Williams Greater Cleveland Northeast License #2006000806

Keller Williams Greater Cleveland Northeast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 1993

Lot Details

  • 0.42 Acre Lot
  • West Facing Home

HOA Fees

  • $238 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,458 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Association fees include landscaping, sewer, snow removal, trash removal, water
  • Smugglers Cove Condo Community

Listing and Financial Details

  • Assessor Parcel Number 27-B-043-A-00-053-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,127

Year Built

Built in 1993

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Unit Location: End
  • House Faces: West
  • Price Per Square Foot: 91.91
  • Estimated Price per Sq Ft: 91.91
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1458
  • Year Built: 1993
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Slab
  • Sq Ft Approx Above Grade Finished: 1458.00
  • Sq Ft Approx Total Finished: 1458.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 238.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Smugles Cove Condo Owners Association
  • Subdivision Complex: Smugglers Cove Condo

Fee Information

  • HOA Fee Includes: Landscaping, Sewer, Snow Removal, Trash Removal, Water

Schools

  • School District: Willoughby-Eastlake

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.4200
  • Parcel Number: 27-B-043-A-00-053-0

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 2127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Dec 5, 2017
Sold by
Verhotz Catherine
Bought by
Laplante Thomas M and Laplante Leigh A
Seller's Agent
Michael Schneithorst
Deleted Agent
Buyer's Agent
Darren Burke
Keller Williams Greater Cleveland Northeast
List Price
$150,000
Sold Price
$134,000
Premium/Discount to List
-$16,000
-10.67%
Current Estimated Value
$233,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,273
Avg. Annual Appreciation
7.27%
Original Mortgage
$120,200
Outstanding Balance
$101,198
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$132,075

Purchase Details

Closed on
Jun 25, 2008
Sold by
Gleason John E
Bought by
Verhotz Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
Sold by
Ocean Reef Llc
Bought by
Gleason John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,337
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Lee Tenney Scott
Bought by
Ocean Reef Llc

Purchase Details

Closed on
Apr 30, 1993
Bought by
Tenney Scott Lee
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
Laplante Thomas M $134,000 None Available
Verhotz Catherine $158,000 Enterprise Title
Gleason John E $165,000 Us Title Agency Inc
Ocean Reef Llc $157,000 Chicago Title Insurance Comp
Tenney Scott Lee $105,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laplante Thomas M $120,200
Closed Verhotz Catherine $51,000
Previous Owner Gleason John E $197,337
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2017 12/07/17 Sold $134,000 -8.2% $92 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
10/02/2017 10/02/17 Price Changed $145,900 -2.7% $100 / Sq Ft
09/22/2017 09/22/17 For Sale $150,000 -- $103 / 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 -- $64,000 $15,120 $48,880
2023 $4,848 $51,200 $12,080 $39,120
2022 $3,155 $51,200 $12,080 $39,120
2021 $3,169 $51,200 $12,080 $39,120
2020 $2,500 $44,520 $10,500 $34,020
2019 $2,322 $44,520 $10,500 $34,020
2018 $2,286 $40,110 $680 $39,430
2017 $2,135 $40,110 $680 $39,430
2016 $2,127 $40,110 $680 $39,430
2015 $2,039 $40,110 $680 $39,430
2014 $1,936 $40,110 $680 $39,430
2013 $1,937 $40,110 $680 $39,430
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Schneithorst

    Deleted Agent

  • Darren Burke

    Buyer's Agent in 2017

    Darren Burke

    Keller Williams Greater Cleveland Northeast

    (440) 341-2002

    13 in this area

    153 Total Sales

    Darren Burke
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Map

Source: MLS Now

MLS Number: 3943087

MLS Now

APN: 27-B-043-A-00-053

Ohio Lake County Willoughby 44094

37539 Ocean Reef Unit 37539, Willoughby, OH

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