NOT LISTED FOR SALE

40 Bermont Ave Munroe Falls, OH 44262

Estimated Value: $232,000 - $261,000

3 Beds
2 Baths
1,248 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 40 Bermont Ave, Munroe Falls, OH 44262 and is currently estimated at $246,742, approximately $197 per square foot. 40 Bermont Ave is a home located in Summit County with nearby schools including Stow-Munroe Falls High School, Holy Family Elementary School, and Walsh Jesuit High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2001
Sold by
Farkas Scott M and Farkas Kerrie R
Bought by
Grubbs Michael K
Current Estimated Value
$246,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,019
Outstanding Balance
$46,171
Interest Rate
6.99%
Estimated Equity
$200,571

Purchase Details

Closed on
Mar 26, 1998
Sold by
21St Homes Inc
Bought by
Farkas Scott M and Farkas Kerrie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,836
Interest Rate
7.15%
Mortgage Type
VA

Purchase Details

Closed on
Dec 11, 1997
Sold by
Mosley Gerald J
Bought by
21St 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
$70,000
Interest Rate
7.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1997
Sold by
Est Elizabeth M Seiber
Bought by
Mosley Gerald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Grubbs Michael K $125,000 Endress/Lawyers Title
Farkas Scott M $101,800 --
21St Homes Inc $21,000 --
Mosley Gerald J $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubbs Michael K $124,019
Closed Farkas Scott M $103,836
Previous Owner 21St Homes Inc $70,000
Previous Owner Mosley Gerald J $68,000
Source: Public Records

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
2025 $4,084 $73,091 $9,839 $63,252
2024 $4,084 $73,091 $9,839 $63,252
2023 $4,084 $73,091 $9,839 $63,252
2022 $3,908 $60,498 $8,131 $52,367
2021 $3,392 $60,498 $8,131 $52,367
2020 $3,334 $60,500 $8,130 $52,370
2019 $3,106 $51,910 $8,270 $43,640
2018 $3,056 $51,910 $8,270 $43,640
2017 $2,563 $51,910 $8,270 $43,640
2016 $2,734 $45,460 $8,270 $37,190
2015 $2,563 $45,460 $8,270 $37,190
2014 $2,563 $45,460 $8,270 $37,190
2013 $2,740 $45,930 $8,270 $37,660
Source: Public Records

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