NOT LISTED FOR SALE

3937 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $726,000 - $864,138

7 Beds
4 Baths
4,662 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: September 6, 2016

Last sale price $324,000 $69 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,518 / mo

174 Days on Market

Highlights

  • Beach Front
  • 0.82 Acre Lot
  • Cape Cod Architecture
  • Lake View
  • Lake Privileges
  • 2-minute walk to Richelieu Park

About This Home

As of September 2016

WOW! Imagine waking up to the tranquility provided by a deep lot and Lake Erie as your backdrop. This is a one of a kind opportunity to get Lake Front living with unobstructed views of Lake Erie. Plenty of room for your remodel on this home with over 4600+ sqft of living space with a convenient Cape Cod style floor plan. Eat in kitchen with lots of built in shelving and plenty of cabinet/counter top space. Large living room with north facing windows throughout and a dining area with enclosed porch/patio to the east. This home is sprawling with very generous room sizes. Bring this home back to its glory days or remodel/rebuild new construction. Over 100' frontage. Front yard is deep with plenty of room for parking, new construction etc. Some beach area below. Roof appears newer. The value is in the size of the home and the lot. Buyer responsible for own due diligence and to make inquiry on property condition, violations, sqft, taxes, boundaries, assessments, building restrictions/requirements. Broker is not responsible to verify any information in MLS or tax records. Buyer is responsible to make inquiry. Any construction, permits, building restrictions should be investigated with the City. Point of sale violations responsibility of the Buyer to assume all repairs. Seller Addendums to follow preacceptance of offer.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. License #2003011130 Listed on: 12/25/2015

Last Buyer's Agent

Bob Szarek

Howard Hanna License #164073

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 35,719 Sq Ft Lot
  • Beach Front
  • Lake Front
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 4,662 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Lake Views
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Lake Privileges
  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Sheffield Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-043-101-012

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.82 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Price Per Square Foot: 69.50
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 4662
  • Year Built: 1955
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Main Level Full Bathrooms: 3
  • Room Count: 11
  • Basement Detail: Partially Finished
  • Living Area Sq Ft: 4662
  • Estimated Total Living Area: 4662
  • Estimated Sq Ft: 4662

Exterior Features

  • View: Lake Erie, Water View
  • Exterior: Aluminum, Brick, Wood
  • Exterior Features: Enclosed Patio/Porch
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Sheffield

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Description: Beach Front, Lake Erie Front, Lake Front, Lake Privileges/Acce, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.8200
  • Parcel Number: 03-00-043-101-012

Tax Info

  • Tax: 9776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2015
Closed on
Jul 12, 2016
Sold by
Us Bank Trust Na
Bought by
Schroeder Steve and Schroeder Doriayn
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Bob Szarek
Howard Hanna
List Price
$389,900
Sold Price
$324,000
Premium/Discount to List
-$65,900
-16.9%
Current Estimated Value
$777,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,046
Avg. Annual Appreciation
9.54%
Original Mortgage
$412,960
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2015
Sold by
Dimarco Dino J
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Mar 8, 2001
Sold by
Ruth Mattey
Bought by
Dimarco Dino J and Kerrigan Mary Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
9.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schroeder Steve $324,000 In Title
Us Bank Trust Na $387,412 None Available
Dimarco Dino J $350,125 Amerititle Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Steve $412,960
Previous Owner Dimarco Dino J $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $324,000 -16.9% $69 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
12/25/2015 12/25/15 For Sale $389,900 -- $84 / Sq Ft
Source: MLS Now

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 $16,444 $315,858 $153,143 $162,715
2023 $12,176 $205,618 $101,042 $104,577
2022 $12,059 $205,618 $101,042 $104,577
2021 $12,130 $205,618 $101,042 $104,577
2020 $11,643 $180,530 $88,710 $91,820
2019 $11,574 $180,530 $88,710 $91,820
2018 $11,620 $180,530 $88,710 $91,820
2017 $12,557 $177,870 $77,540 $100,330
2016 $11,445 $156,690 $77,540 $79,150
2015 $11,583 $164,720 $85,570 $79,150
2014 $9,776 $153,230 $79,600 $73,630
2013 $9,730 $153,230 $79,600 $73,630
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Bauer

    Seller's Agent in 2016

    Rebecca Bauer

    Realtywise, Inc.

    (440) 527-0220

    2 in this area

    122 Total Sales

    Rebecca Bauer
    Section Image
  • Bob Szarek

    Buyer's Agent in 2016

    Bob Szarek

    Howard Hanna

    (440) 503-4740

    4 in this area

    183 Total Sales

    Bob Szarek
    Section Image

  • N

    Buyer Co-Listing Agent in 2016

    Nancy Diluciano

    Howard Hanna

    (216) 339-2685

    4 Total Sales

    Nancy Diluciano
    Section Image
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Map

Source: MLS Now

MLS Number: 3770834

MLS Now

APN: 03-00-043-101-012

Ohio Lorain County Sheffield Lake 44054

3937 E Lake Rd, Sheffield Lake, OH

Not Listed for Sale

Detached

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