NOT LISTED FOR SALE

401 Bay Point Blvd Marblehead, OH 43440

Estimated Value: $1,865,000 - $4,050,000

0.41 Acre
$7,012,173 Price per Acre
17,860 Sq Ft Lot

Last Sold December 27, 2019

Last sale price $455,000

Est. 532% increase in value since last sale

Current estimated payment $17,314/month

15 Days on Market

Highlights

  • Home fronts a seawall
  • Danbury High School Rated A-
  • 0.41 Acre Lot

About This Lot

As of December 2019

This vacant lot presents a unique opportunity to build the Home of your Dreams. Why buy someone els's house when you can build your very own!! Lot is positioned just outside of the Reserve within Bay Point. This lot is much larger than the others and affords you and your family room to enjoy. Call your agent today and schedule a visit.

Last Agent to Sell the Property

Thomas Jagucki

RE/MAX Unlimited Results Realt License #2018004112 Listed on: 12/04/2019

RE/MAX Unlimited Results Realt

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Thomas Jagucki

RE/MAX Unlimited Results Realt License #2018004112 Listed on: 12/04/2019

RE/MAX Unlimited Results Realt

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,996

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 74 x 242
  • Home fronts a seawall

Listing and Financial Details

  • Assessor Parcel Number 0151116732294004

Property Details

Property Type

Land

Est. Annual Taxes

$5,996

Lot Details

0.41 Acres

Listing Details

  • PropertySubType: Unimproved Land
  • PropertyType: Land
  • Current Use: Single Family
  • Lot Size Acres: 0.41
  • MLS Status: Sold
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: Waterfront, Lake Erie, Seawall
  • Waterfront: Yes

Utilities

  • Electricity On Property: No
  • Sewer: See Sewer Comment
  • Water Source: See Remarks

Schools

  • Junior High Dist: Danbury

Lot Info

  • Lot Dimensions: 74 x 242
  • Lot Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 0151116732294004
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5995.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2020
Sold by
Bay Point Acquisition Llc
Bought by
Southern Marinas Bay Point Llc
Current Estimated Value
$2,874,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.03%

Purchase Details

Listed on
Dec 4, 2019
Closed on
Dec 21, 2019
Sold by
Azzolina David and Azzolina Jennifer
Bought by
Mercurio Anthony and Mercurio Kristen
Seller's Agent
Thomas Jagucki
RE/MAX Unlimited Results Realt
Buyer's Agent
Thomas Jagucki
RE/MAX Unlimited Results Realt
List Price
$549,900
Sold Price
$455,000
Premium/Discount to List
-$94,900
-17.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.02%

Purchase Details

Closed on
Mar 27, 2017
Sold by
Armstrong Don S
Bought by
Azzolina David and Azzolina Jennifer

Purchase Details

Closed on
Sep 5, 2012
Sold by
Bay Point Acquisition Llc
Bought by
Armstrong Don S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2009
Sold by
Bay Point Resorts Inc
Bought by
Bay Point Acquisition Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
5.06%
Mortgage Type
Stand Alone Second
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
Southern Marinas Bay Point Llc $9,263,300 --
Mercurio Anthony $455,000 None Available
Azzolina David -- Attorney
Armstrong Don S $420,000 None Available
Bay Point Acquisition Llc -- Hartung Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Southern Marinas Bay Point Llc --
Previous Owner Armstrong Don S $336,000
Previous Owner Bay Point Acquisition Llc $7,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $455,000 -17.3% --
12/19/2019 12/19/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $549,900 -- --
Source: Firelands Association of REALTORS®

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 $30,045 $857,487 $312,477 $545,010
2023 $29,925 $722,772 $218,859 $503,913
2022 $7,833 $218,859 $218,859 $0
2021 $7,852 $218,860 $218,860 $0
2020 $6,225 $173,700 $173,700 $0
2019 $6,004 $173,700 $173,700 $0
2018 $5,996 $173,700 $173,700 $0
2017 $5,515 $159,360 $159,360 $0
2016 $5,460 $159,360 $159,360 $0
2015 $5,479 $159,360 $159,360 $0
2014 $2,806 $159,360 $159,360 $0
2013 $5,218 $159,360 $159,360 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20195598

APN: 015-1116732294004

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