NOT LISTED FOR SALE

4875 Elmwood Dr Sheffield Lake, OH 44054

Estimated Value: $198,000 - $220,000

4 Beds
1.5 Baths
1,312 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $39,000 $30 Per Sq Ft

Est. 434% increase in value since last sale

Current estimated payment $1,314/month

37 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • 1 Car Detached Garage

About This Home

As of December 2013

Four bedroom bungalow with 2 full bathrooms! Large fenced in yard with storage shed! Ready to go for FHA financing! Great Value! Owner Occupant bidding period through 9/21/13. Not open to investors until 10/11/13. Case # 412-435886. HUD Owned Property - sold AS-IS, ask your agent how to submit offer. Great Value! Buyer is responsible for due diligence + inquiry of all property information/condition. Buyer is responsible for cost/completion of any/all inspections and is to assume any/all violations.

Last Agent to Sell the Property

Al Brucker

RE/MAX Crossroads Properties License #2003017682 Listed on: 09/11/2013

RE/MAX Crossroads Properties

Co-Listed By

Michelle Kastan

Berkshire Hathaway HomeServices Professional Realty License #427923

Last Buyer's Agent

Rick Misencik

Russell Real Estate Services License #2004022543

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 67x120
  • Street terminates at a dead end

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 03-00-036-113-015

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1955
  • ResoLotFeatures: Dead End
  • Co List Office Phone: 440-846-1234
  • ResoSpecialListingConditions: HUD Owned
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.18
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sheffield-Sheffield - 4713

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-036-113-015
  • Lot Dimensions: 67X120
  • Lot Size Sq Ft: 7841.0

Tax Info

  • Tax Annual Amount: 1464.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Nov 19, 2013
Sold by
Secretary Of Hud
Bought by
Burns Rex E
Seller's Agent
Al Brucker
RE/MAX Crossroads Properties
Buyer's Agent
Rick Misencik
Russell Real Estate Services
List Price
$40,000
Sold Price
$39,000
Premium/Discount to List
-$1,000
-2.5%
Current Estimated Value
$208,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,248
Avg. Annual Appreciation
14.97%
Original Mortgage
$40,394
Outstanding Balance
$30,734
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$177,514

Purchase Details

Closed on
Aug 15, 2013
Sold by
Us Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 26, 2013
Sold by
Chambers Timothy J
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 25, 1999
Sold by
Brillian John H and Brillian Judith A
Bought by
Chambers Timothy J and Chambers Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,900
Interest Rate
7.87%
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
Burns Rex E $39,000 None Available
Secretary Of Hud -- None Available
Us Bank Na $73,071 None Available
Chambers Timothy J $89,900 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Rex E $40,394
Previous Owner Chambers Timothy J $88,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2013 12/06/13 Sold $39,000 -2.5% $30 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $40,000 -- $30 / 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 $2,664 $51,163 $12,898 $38,266
2023 $1,775 $29,978 $13,038 $16,940
2022 $1,758 $29,978 $13,038 $16,940
2021 $1,769 $29,978 $13,038 $16,940
2020 $1,495 $23,180 $10,080 $13,100
2019 $1,486 $23,180 $10,080 $13,100
2018 $1,575 $23,180 $10,080 $13,100
2017 $1,659 $23,500 $8,590 $14,910
2016 $1,674 $23,500 $8,590 $14,910
2015 $1,653 $23,500 $8,590 $14,910
2014 $1,511 $23,690 $8,660 $15,030
2013 $1,504 $23,690 $8,660 $15,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3443198

MLS Now

APN: 03-00-036-113-015