NOT LISTED FOR SALE

3913 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $1,134,000

7 Beds
5 Baths
5,478 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $450,000 $82 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $7,070/month

103 Days on Market

Highlights

  • Lake Front
  • 1.26 Acre Lot
  • 4 Fireplaces
  • In Ground Pool
  • Colonial Architecture
  • 4-minute walk to Lakewood Beach Park

About This Home

As of April 2016

Rare opportunity to live on the lake with additional income suites. This large lake front home is perfect for the savvy buyer. Owners quarters features 3 Bedrooms and 2 full baths. Large living room with beautiful hardwood floors, fireplace and stunning views of the lake. 4 season room and finished basement. There are 3 additional income suites with separate entrance. The second level has two, one bedroom units with fireplaces. The third level is a two bedroom unit. All units are currently rented and generating $25,000 in annual income. The property includes 2 additional buildings: Carriage house and work shop. Renovate the carriage house as an owners home or for additional income. The property offers a Gazebo with wrap around deck overlooking Lake Erie, an inground pool and large patio perfect for entertaining. This home has been approved as a bed and breakfast...endless possibilities here....

Last Agent to Sell the Property

Maureen Dockrill

House to Home Real Estate Professionals, LLC. License #2012001157 Listed on: 11/18/2015

Last Buyer's Agent

Ada Taylor

Northeast Ohio Real Estate Services LLC License #227116

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 1.26 Acre Lot
  • Lot Dimensions are 156x504
  • Lake Front
  • South Facing Home

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 4 Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Paved Parking

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Sheffield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-043-101-016

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1905
  • Road Frontage Type: Lakefront
  • ResoLotFeatures: Lake Front
  • ResoPoolFeatures: In Ground
  • Reso View: Lake
  • Subdivision Name: Sheffield
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 4
  • Basement: Full, Finished
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Main Level Bathrooms: 2
  • Stories: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 1.26
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Paved

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sheffield-Sheffield - 4713

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-043-101-016
  • Lot Dimensions: 156x504
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14178.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Apr 21, 2016
Sold by
Hupper Properties Inc
Bought by
Bell Kuno Stefan and Bell Amy
Seller's Agent
Maureen Dockrill
House to Home Real Estate Professionals, LLC.
Buyer's Agent
Ada Taylor
Northeast Ohio Real Estate Services LLC
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%
Current Estimated Value
$1,134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$684,000
Original Mortgage
$480,000
Outstanding Balance
$381,955
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Punsalan Theresa B
Bought by
Hupper Properties Inc

Purchase Details

Closed on
Sep 3, 2003
Sold by
Punsalan Theresa B
Bought by
Grech David R and Grech Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2003
Sold by
Punsalan Theresa B
Bought by
Punsalan Theresa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bell Kuno Stefan $450,000 Innovative Title
Hupper Properties Inc $690,000 Real Living Title Agency Ltd
Grech David R $220,000 Real Living Title Agency Ltd
Punsalan Theresa B -- Real Living Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Kuno Stefan $480,000
Previous Owner Grech David R $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $450,000 -18.0% $82 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $549,000 0.0% $100 / Sq Ft
03/10/2014 03/10/14 Rented $1,800 -5.3% --
03/07/2014 03/07/14 Under Contract -- -- --
11/30/2013 11/30/13 For Rent $1,900 -- --
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
2022 $18,076 $307,902 $159,254 $148,649
2021 $18,182 $307,902 $159,254 $148,649
2020 $16,201 $250,940 $139,820 $111,120
2019 $16,106 $250,940 $139,820 $111,120
2018 $16,170 $250,940 $139,820 $111,120
2017 $13,599 $192,500 $123,400 $69,100
2016 $16,969 $232,330 $123,400 $108,930
2015 $16,752 $232,330 $123,400 $108,930
2014 $14,178 $216,120 $114,790 $101,330
2013 $14,006 $214,490 $114,790 $99,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Maureen Dockrill

    House to Home Real Estate Professionals, LLC.

    (440) 324-0069

    1 in this area

    40 Total Sales

    Maureen Dockrill
    Section Image
  • Ada Taylor

    Buyer's Agent in 2016

    Ada Taylor

    Northeast Ohio Real Estate Services LLC

    (440) 258-8717

    4 in this area

    36 Total Sales

    Ada Taylor
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Bev Newsome

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 3765170

MLS Now

APN: 03-00-043-101-016

Ohio Lorain County Sheffield Lake 44054

3913 E Lake Rd, Sheffield Lake, OH

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