NOT LISTED FOR SALE

4502 Summit St Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $300,000 - $326,000

3 Beds
1.5 Baths
1,540 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $151,600 $98 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,237/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 1 Fireplace

About This Home

As of February 2017

Charming 3 Bedroom 1 1/2 Bath Colonial Located in The Heart of Downtown Willoughby! Walking Distance to Shops and Restaurants! Beautifully Hardwood Flooring! Formal Dining w/ Built in Hutch. French Doors. Brick Fireplace. Family Room. Wood Doors. Nice Yard. Move In and Enjoy the Downtown Willoughby Lifestyle!

Last Agent to Sell the Property

Paul Paratto

Howard Hanna License #302750 Listed on: 01/23/2017

Howard Hanna

Last Buyer's Agent

Sarah Ficzner, Esq.

Berkshire Hathaway HomeServices Professional Realty License #2015001297

Berkshire Hathaway HomeServices Professional Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60x183

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • St Storms Community

Listing and Financial Details

  • Assessor Parcel Number 27-A-026-A-00-009-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,305

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 98.44
  • Estimated Price per Sq Ft: 98.44
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1540
  • Year Built: 1920
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Range
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1540.00
  • Sq Ft Approx Total Finished: 1540.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: St Storms

Schools

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

Lot Info

  • Lot Dimensions: 60x183
  • Lot Size Units: Acres
  • Acres: 0.2521
  • Parcel Number: 27-A-026-A-00-009-0

Tax Info

  • Tax: 2305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2019
Sold by
Hoeflinger Patrick S and Horner Margot W
Bought by
Hoeflinger Patrick S and Hoeflinger Margot W
Current Estimated Value
$315,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$97,111
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$218,107

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 21, 2017
Sold by
Schwan Linda A
Bought by
Hoeflinger Patrick S and Horner Margot W
Seller's Agent
Paul Paratto
Howard Hanna
Buyer's Agent
Sarah Ficzner, Esq.
Berkshire Hathaway HomeServices Professional Realty
List Price
$149,900
Sold Price
$151,600
Premium/Discount to List
$1,700
1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$144,020
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2016
Sold by
Linda A Schwan
Bought by
Schwan Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.03%

Purchase Details

Closed on
Mar 16, 1973
Bought by
Schwan Stefan P
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
Hoeflinger Patrick S -- Servicelink
Hoeflinger Patrick S $151,600 Enterprise Title Agency Inc
Schwan Linda A -- --
Schwan Stefan P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoeflinger Patrick S $144,000
Closed Hoeflinger Patrick S $144,020
Previous Owner Schwan Linda A $112,000
Previous Owner Schwan Linda A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2017 02/22/17 Sold $151,600 +1.1% $98 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $149,900 -- $97 / 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 -- $98,530 $18,340 $80,190
2023 $6,790 $71,720 $15,110 $56,610
2022 $4,403 $71,720 $15,110 $56,610
2021 $4,421 $71,720 $15,110 $56,610
2020 $4,203 $60,770 $12,800 $47,970
2019 $3,747 $58,370 $12,800 $45,570
2018 $3,005 $43,010 $20,810 $22,200
2017 $2,329 $43,010 $20,810 $22,200
2016 $2,319 $43,010 $20,810 $22,200
2015 $2,229 $43,010 $20,810 $22,200
2014 $2,051 $41,970 $20,810 $21,160
2013 $2,053 $41,970 $20,810 $21,160
Source: Public Records

Agents Affiliated with this Home

  • Paul Paratto

    Seller's Agent in 2017

    Paul Paratto

    Howard Hanna

    (440) 953-5697

    66 in this area

    683 Total Sales

    Paul Paratto
    Section Image
  • Sarah Ficzner, Esq.

    Buyer's Agent in 2017

    Sarah Ficzner, Esq.

    Berkshire Hathaway HomeServices Professional Realty

    (330) 805-0353

    3 in this area

    79 Total Sales

    Sarah Ficzner, Esq.
    Section Image
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Map

Source: MLS Now

MLS Number: 3872089

MLS Now

APN: 27-A-026-A-00-009

Ohio Lake County Willoughby 44094 Downtown Willoughby

4502 Summit St, Willoughby, OH

This home is located at 4502 Summit St, Willoughby, OH 44094 since 23 January 2017 and is currently estimated at $315,218, approximately $204 per square foot. This property was built in 1920. 4502 Summit St is a home located in Lake County with nearby schools including Edison 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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