NOT LISTED FOR SALE

38440 Melrose Farms Dr Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $492,000 - $657,296

4 Beds
2.5 Baths
2,578 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $448,900 $174 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,443/month

209 Days on Market

Highlights

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

About This Home

As of April 2020

Modern Farmhouse living at its best. Probuilt Homes Mcintosh floor plan featuring 4 bedrooms and 2.5 bathrooms in Melrose Farms subdivision. When you walk in off the 3 car garage there is a nice size mud area with locker bench and closet. Amazing open kitchen with large island, quartz counter tops, under cabinet lighting, tile backsplash and stainless steel appliances perfect for entertaining. Kitchen and dining room are open to the large 2 story great room which leads in to the office. Upstairs is the master suite with a great master bathroom with granite counter tops, double sinks, and tile shower walls with body sprays and large walk in closet. There are 3 additional bedrooms upstairs and a full bathroom with granite and double sinks. This home is complete and ready for immediate occupancy, please call listing agent for more information on this house and other lots and floor plans available in this community

Last Agent to Sell the Property

Lindsay Davis

HomeSmart Real Estate Momentum LLC License #2002000763 Listed on: 08/07/2019

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Lindsay Davis

HomeSmart Real Estate Momentum LLC License #2002000763 Listed on: 08/07/2019

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,827

Year Built

  • Built in 2019

Lot Details

  • 0.42 Acre Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,578 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Drain
  • Garage Door Opener

Utilities

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

Community Details

  • Melrose Farms Community

Listing and Financial Details

  • Assessor Parcel Number 27B049A000230

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,827

Year Built

Built in 2019

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial, Contemporary/Modern
  • Price Per Square Foot: 174.13
  • Estimated Price per Sq Ft: 174.13
  • Year Built Exception: Under Construction
  • Num Of Stories: 2.00
  • Total Sq Ft: 2578
  • Year Built: 2019
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2019

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator, Smoke Detector
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 8
  • Sq Ft Approx Above Grade Finished: 2578.00
  • Sq Ft Approx Total Finished: 2578.00

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Drain, Electric, Water Available
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Melrose Farms
  • Subdivision Complex: Melrose Farms

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.4230
  • Parcel Number: 27B049A000230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Apr 8, 2020
Sold by
Probuilt Homes Inc
Bought by
Meinert Brad and Ward Meinert Amanda
Seller's Agent
Lindsay Davis
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Lindsay Davis
HomeSmart Real Estate Momentum LLC
List Price
$448,900
Sold Price
$448,900
Current Estimated Value
$571,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,924
Avg. Annual Appreciation
3.96%
Original Mortgage
$359,120
Outstanding Balance
$323,597
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$229,497
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
Meinert Brad $448,900 Emerald Glen Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meinert Brad $359,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $448,900 0.0% $174 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
08/07/2019 08/07/19 For Sale $448,900 -- $174 / 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
2023 $15,827 $167,160 $49,280 $117,880
2022 $10,445 $167,160 $49,280 $117,880
2021 $10,483 $167,160 $49,280 $117,880
2020 $9,589 $136,790 $34,280 $102,510
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Davis

    Seller's Agent in 2020

    Lindsay Davis

    HomeSmart Real Estate Momentum LLC

    (440) 840-9770

    11 Total Sales

    Lindsay Davis
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Map

Source: MLS Now

MLS Number: 4122838

MLS Now

APN: 27-B-049-A-00-023

Ohio Lake County Willoughby 44094 Downtown Willoughby

38440 Melrose Farms Dr, Willoughby, OH

This home is located at 38440 Melrose Farms Dr, Willoughby, OH 44094 since 07 August 2019 and is currently estimated at $571,824, approximately $221 per square foot. This property was built in 2019. 38440 Melrose Farms Dr is a home located in Lake County with nearby schools including Grant Elementary School, Willoughby Middle School, and South 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.

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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