NOT LISTED FOR SALE

38515 Melrose Farms Dr Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $417,000 - $539,000

3 Beds
2.5 Baths
2,612 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $290,000 $111 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,565/month

148 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • 1 Fireplace
  • City View
  • Wooded Lot
  • Community Pool

About This Home

As of September 2012

Why build and spend maybe $30,000 more when you can move right in to this 2009 built colonial with established landscaping! You are sure to love this Pro-Built Princeton model with a 2 story foyer! The open floor plan has a bright and sunny breakfast room. Eat-in kitchen as well as a formal dining room with a gorgeous tray ceiling. The great room has a marble fireplace with an adjoining office/study room to use as you wish! Master bedroom and bath on 2nd floor. Unfinished 4TH BEDROOM or walk-in attic storage! Semi-private lot and an unfinished basement to finish as you wish!

Last Agent to Sell the Property

Geri Kuzmiak

Deleted Agent License #2004008155 Listed on: 03/10/2012

Deleted Agent

Last Buyer's Agent

Sara Calo

Howard Hanna License #436250

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 2009

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80x171
  • Street terminates at a dead end
  • South Facing Home
  • Property has an invisible fence for dogs
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,612 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • City Views
  • Home Security System

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27B049E000010

Community Details

Overview

  • Melrose Farms Community

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,438

Year Built

Built in 2009

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: South
  • Price Per Square Foot: 111.03
  • Num Of Stories: 2.00
  • Total Sq Ft: 2612
  • Year Built: 2009
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Security System, Sump Pump
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 14
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 2612
  • Estimated Total Living Area: 2612
  • Estimated Sq Ft: 2612

Exterior Features

  • View: City View
  • Exterior: Stone, Vinyl
  • Exterior Features: Porch
  • Fences: Invisible Pet
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • 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: Golf Available, Park, Pool, Shopping/Mall

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Dimensions: 80x171
  • Lot Description: Dead End Street, Wooded/Treed
  • Lot Size Area Sq Ft: 13068.0000
  • Lot Size Frontage: 80
  • Lot Size Units: Acres
  • Price Per Acre: 966666.67
  • Acres: 0.3000
  • Parcel Number: 27B049E000010

Tax Info

  • Tax: 5438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2012
Closed on
Sep 21, 2012
Sold by
Lewis Charles E and Lewis Susan Melinda
Bought by
Gambatese Robert F and Gambatese Christina M
Seller's Agent
Geri Kuzmiak
Deleted Agent
Buyer's Agent
Sara Calo
Howard Hanna
List Price
$322,000
Sold Price
$290,000
Premium/Discount to List
-$32,000
-9.94%
Current Estimated Value
$490,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,490
Avg. Annual Appreciation
4.10%
Original Mortgage
$210,000
Outstanding Balance
$145,448
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$345,042

Purchase Details

Closed on
Dec 15, 2009
Sold by
Probuilt Homes Inc
Bought by
Lewis Charles E and Lewis Sara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,719
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2009
Sold by
Loreto Venture Group Iii Ltd
Bought by
Probuilt Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
4.92%
Mortgage Type
Future Advance Clause Open End 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
Gambatese Robert F $290,000 Ohio Real Title
Lewis Charles E $294,000 None Available
Probuilt Homes Inc $114,000 Emerald Glen Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gambatese Robert F $210,000
Previous Owner Lewis Charles E $288,719
Previous Owner Probuilt Homes Inc $218,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2012 09/25/12 Sold $290,000 -9.9% $111 / Sq Ft
08/05/2012 08/05/12 Pending -- -- --
03/10/2012 03/10/12 For Sale $322,000 -- $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 -- $155,080 $49,740 $105,340
2023 $11,811 $124,750 $39,730 $85,020
2022 $7,627 $124,750 $39,730 $85,020
2021 $7,661 $124,750 $39,730 $85,020
2020 $7,470 $108,480 $34,550 $73,930
2019 $6,928 $108,480 $34,550 $73,930
2018 $6,821 $96,120 $30,380 $65,740
2017 $6,431 $96,120 $30,380 $65,740
2016 $6,407 $96,120 $30,380 $65,740
2015 $6,252 $96,120 $30,380 $65,740
2014 $5,763 $93,360 $27,620 $65,740
2013 $5,767 $93,360 $27,620 $65,740
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Geri Kuzmiak

    Deleted Agent

    Section Image
  • Sara Calo

    Buyer's Agent in 2012

    Sara Calo

    Howard Hanna

    (440) 460-3700

    31 Total Sales

    Sara Calo
    Section Image
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Map

Source: MLS Now

MLS Number: 3299798

MLS Now

APN: 27-B-049-E-00-001

Ohio Lake County Willoughby 44094 Downtown Willoughby

38515 Melrose Farms Dr, Willoughby, OH

This home is located at 38515 Melrose Farms Dr, Willoughby, OH 44094 since 10 March 2012 and is currently estimated at $490,490, approximately $187 per square foot. This property was built in 2009. 38515 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.

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