NOT LISTED FOR SALE

37548 Ocean Reef Unit 37560D Willoughby, OH 44094

Estimated Value: $208,000 - $231,000

3 Beds
1.5 Baths
1,236 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $200,000 $162 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,517/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Patio
  • Wooded Lot
  • 2 Car Attached Garage
  • Park

About This Home

As of August 2022

Located in Smugglers Cove in Willoughby, this updated 3 BRs & 1.5 baths end-unit condo is just waiting for new owners. It offers an open floor plan with 1,236 sq ft of above ground living space. As you enter the home you step into the living room. It has a brick corner gas fireplace with a lovely custom-made mantel plus a built-in custom-made entertainment center giving this room a very classy look. Just beyond the living room is the spacious eat-in kitchen area that has been enlarged by removing one of the original walls. The kitchen features maple cabinets, granite countertops, tile backsplash & a breakfast bar. All appliances stay! Off the kitchen is the 1st floor laundry with additional cabinets. Completing the 1st floor is a half bath with newer vanity & granite counter top. Upstairs you will find the master bedroom with dual closets & an entrance into the full bath. The full bath has been beautifully updated in 2017 with a pocket door, 2 vanities, & a large ceramic tiled walk-in shower. There are 2 additional bedrooms to complete the 2nd floor. Access to the outdoor patio area with a privacy fence is located through sliding glass doors in the eat-in area. There is a large spacious field beyond the private patio. The condo has an attached 2-car garage with Nature Stone garage floor. Conveniently located near the Chagrin River Park & historic downtown Willoughby offering great food, shopping, farmer’s market, festivals, & concerts. It is also close to Rt 2 & Mentor.

Last Agent to Sell the Property

Sam LoFaso

LoFaso Real Estate Services License #2001005546 Listed on: 07/27/2022

Last Buyer's Agent

Kay Zabivnik

McDowell Homes Real Estate Services License #2017003922

McDowell Homes Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1992

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

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

Community Details

Overview

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

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,837

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Detached
  • Style: Colonial, Townhouse
  • Price Per Square Foot: 161.81
  • Estimated Price per Sq Ft: 161.81
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1236
  • Year Built: 1992
  • Court Ordered Y N: No
  • Pet Limitations: Only dogs, cats, and household pets.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1992

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1236.00
  • Sq Ft Approx Total Finished: 1236.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio
  • Fences: Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • 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

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

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

Schools

  • School District: Willoughby-Eastlake

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.3000
  • Parcel Number: 27-B-043-A-00-043-0
  • LandLeaseYN: No

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 2837

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 18, 2022
Sold by
Shaffer Frank J and Shaffer Emily A
Bought by
Kennedy Sandra
Seller's Agent
Sam LoFaso
LoFaso Real Estate Services
Buyer's Agent
Kay Zabivnik
McDowell Homes Real Estate Services
List Price
$190,000
Sold Price
$200,000
Premium/Discount to List
$10,000
5.26%
Views
1
Current Estimated Value
$219,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,773
Avg. Annual Appreciation
3.01%

Purchase Details

Closed on
Mar 24, 2020
Sold by
Westfall Emily A and Shaffer Frank J
Bought by
Shaffer Emily A and Shaffer Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2016
Closed on
Jan 17, 2017
Sold by
Bronkall Donald and Bronkall Constance
Bought by
Westfall Emily A
Seller's Agent
Judie Crockett
Howard Hanna
Buyer's Agent
Sam LoFaso
LoFaso Real Estate Services
List Price
$145,000
Sold Price
$131,000
Premium/Discount to List
-$14,000
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$104,800
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2015
Sold by
Mauter James M and Mauter Bridgette L
Bought by
Bronkall Donald and Bronkall Constance

Purchase Details

Listed on
Aug 22, 2013
Closed on
Mar 23, 2014
Sold by
Schwartz Lisa B and Rumes Lisa
Bought by
Mauter James M
Seller's Agent
Kevin Ball
RE/MAX Crossroads Properties
Buyer's Agent
Darrell McGroarty
Platinum Real Estate
List Price
$115,000
Sold Price
$63,000
Premium/Discount to List
-$52,000
-45.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Difranco Carl L and Difranco Sandra M
Bought by
Schwartz Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1997
Sold by
Fortuna Sharon M and Sabath Sharon M
Bought by
Difranco Carl L and Difranco Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
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
Kennedy Sandra $50,000 Infinity Title
Shaffer Emily A -- None Available
Westfall Emily A $600,000 Ohio Real Title
Bronkall Donald $122,000 Lawyers Title
Mauter James M $63,000 Progressive Land Title
Schwartz Lisa B $121,500 Midland Title Security Inc
Difranco Carl L $116,000 Midland Title Security Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaffer Emily A $104,800
Previous Owner Westfall Emily A $104,800
Previous Owner Schwartz Lisa B $81,500
Previous Owner Difranco Carl L $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $200,000 +5.3% $162 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $190,000 +45.0% $154 / Sq Ft
01/18/2017 01/18/17 Sold $131,000 -2.9% $79 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $134,900 -3.6% $82 / Sq Ft
11/03/2016 11/03/16 Price Changed $140,000 -3.4% $85 / Sq Ft
10/17/2016 10/17/16 For Sale $145,000 +130.2% $88 / Sq Ft
03/25/2014 03/25/14 Sold $63,000 -45.2% $38 / Sq Ft View Prior Sale
03/07/2014 03/07/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $115,000 -- $70 / 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 -- $58,130 $15,120 $43,010
2023 $4,333 $45,760 $12,080 $33,680
2022 $2,824 $45,760 $12,080 $33,680
2021 $2,837 $45,760 $12,080 $33,680
2020 $2,766 $39,780 $10,500 $29,280
2019 $2,567 $39,780 $10,500 $29,280
2018 $2,514 $22,050 $680 $21,370
2017 $1,507 $22,050 $680 $21,370
2016 $1,502 $22,050 $680 $21,370
2015 $1,472 $22,050 $680 $21,370
2014 $1,400 $22,050 $680 $21,370
2013 $2,176 $34,250 $680 $33,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4393443

MLS Now

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