NOT LISTED FOR SALE

4840 Southwood Dr Sheffield Lake, OH 44054

Estimated Value: $209,000 - $257,000

5 Beds
1.5 Baths
2,016 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $111,000 $55 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,457/month

82 Days on Market

Highlights

  • 1 Car Attached Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Patio

About This Home

As of August 2013

Rehabbed from top to bottom. Beautifully done. Custom cabinets. Everything is new. New floors, carpet etc. Brand new driveway, New garage door, opener. Two bathrooms. Brand new refrigerator and stove. Must see. Dead end street. Close to schools, parks. Immaculate. Terrific home.

Last Agent to Sell the Property

Randi Ellis

The Sweda Group, LLC. License #447741 Listed on: 05/15/2013

Last Buyer's Agent

Michael Terrigno

Russell Real Estate Services License #2011001207

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,024

Year Built

  • Built in 1953

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120

Parking

  • 1 Car Attached Garage

Home Design

  • 2,016 Sq Ft Home
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-036-115-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,024

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • Year Built: 1953
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 9
  • Living Area Sq Ft: 2016
  • Estimated Total Living Area: 2016

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 80x120
  • Lot Size Area Sq Ft: 9583.0000
  • Lot Size Frontage: 80
  • Lot Size Units: Acres
  • Price Per Acre: 504545.45
  • Acres: 0.2200
  • Parcel Number: 03-00-036-115-001

Tax Info

  • Tax: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Aug 7, 2013
Sold by
Lapinski Benjamin J
Bought by
Lucas Tonya R
Seller's Agent
Randi Ellis
The Sweda Group, LLC.
Buyer's Agent
Michael Terrigno
Russell Real Estate Services
List Price
$117,500
Sold Price
$111,000
Premium/Discount to List
-$6,500
-5.53%
Current Estimated Value
$229,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,448
Avg. Annual Appreciation
6.06%
Original Mortgage
$101,648
Outstanding Balance
$76,281
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$153,167

Purchase Details

Listed on
Sep 27, 2012
Closed on
Feb 21, 2013
Sold by
Secretary Of Hud
Bought by
Lapinski Benjamin J
Seller's Agent
Bill Tierney
Deleted Agent
Buyer's Agent
Randi Ellis
The Sweda Group, LLC.
List Price
$68,000
Sold Price
$35,000
Premium/Discount to List
-$33,000
-48.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1199.87%

Purchase Details

Closed on
Aug 8, 2012
Sold by
Us Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jun 20, 2012
Sold by
Mcmichael Kevin
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 22, 2008
Sold by
Pruce Mike T and Merriman Lisa M
Bought by
Mcmichael Kevin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,950
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2001
Sold by
Hall William W and Hall Patricia A
Bought by
Pruce Mike T and Merriman Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 8, 1998
Sold by
Neal Lowell D and Neal Judith D
Bought by
Hall William W and Hall Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,718
Interest Rate
7.32%
Mortgage Type
FHA
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
Lucas Tonya R $111,000 American Patriot Title Agenc
Lapinski Benjamin J $35,000 Lakeside Title & Escrow
The Secretary Of Hud -- None Available
Us Bank Na $54,000 None Available
Mcmichael Kevin C $95,000 Real Living Title Agency Ltd
Pruce Mike T -- --
Hall William W $92,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Tonya R $101,648
Previous Owner Mcmichael Kevin C $65,950
Previous Owner Pruce Mike T $108,000
Previous Owner Hall William W $91,718
Closed Pruce Mike T $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2013 08/08/13 Sold $111,000 -5.5% $55 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $117,500 +235.7% $58 / Sq Ft
02/25/2013 02/25/13 Sold $35,000 -48.5% $17 / Sq Ft View Prior Sale
02/21/2013 02/21/13 Pending -- -- --
09/27/2012 09/27/12 For Sale $68,000 -- $34 / 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 $3,051 $58,604 $14,151 $44,454
2023 $2,658 $44,881 $14,305 $30,576
2022 $2,632 $44,881 $14,305 $30,576
2021 $2,648 $44,881 $14,305 $30,576
2020 $2,239 $34,710 $11,060 $23,650
2019 $2,225 $34,710 $11,060 $23,650
2018 $2,376 $34,710 $11,060 $23,650
2017 $2,519 $35,680 $9,560 $26,120
2016 $2,542 $35,680 $9,560 $26,120
2015 $2,509 $35,680 $9,560 $26,120
2014 $2,294 $35,960 $9,630 $26,330
2013 $2,078 $31,830 $9,630 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3408878

MLS Now

APN: 03-00-036-115-001