NOT LISTED FOR SALE

5000 Lake Charles Dr Independence, OH 44131

Estimated Value: $406,000 - $808,000

5 Beds
4 Baths
3,612 Sq Ft
$178/Sq Ft Est. Value

About This Home

This home is located at 5000 Lake Charles Dr, Independence, OH 44131 and is currently estimated at $642,862, approximately $177 per square foot. 5000 Lake Charles Dr is a home located in Cuyahoga County with nearby schools including Independence Primary School, Independence Middle School, and Independence High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2024
Sold by
Sakoske Flora M and Sakoske George E
Bought by
Sakoske Preservation Trust and Decristofaro
Current Estimated Value
$645,542

Purchase Details

Closed on
Dec 27, 2010
Sold by
Lake Charles Development Inc
Bought by
Sakoske George E and Sakoske Flora M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2009
Sold by
Hersh Construction Inc
Bought by
Lake Charles Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,982,800
Interest Rate
5.06%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 21, 2005
Sold by
Stradtman Independence Developers Inc
Bought by
Hersh Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Sakoske Preservation Trust -- None Listed On Document
Sakoske George E $150,000 Title Support
Lake Charles Development Inc -- Revere Title
Hersh Construction Inc $4,179,000 Revere Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sakoske George E $372,000
Previous Owner Sakoske George E $372,000
Previous Owner Sakoske George E $112,500
Previous Owner Lake Charles Development Inc $1,982,800
Previous Owner Hersh Construction Inc $2,600,000
Closed Hersh Construction Inc $2,000,000
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
2024 $10,193 $213,115 $58,415 $154,700
2023 $9,047 $171,890 $53,480 $118,410
2022 $8,997 $171,890 $53,480 $118,410
2021 $8,867 $171,890 $53,480 $118,410
2020 $8,670 $157,710 $49,070 $108,640
2019 $8,369 $450,600 $140,200 $310,400
2018 $9,402 $157,710 $49,070 $108,640
2017 $8,547 $153,830 $55,230 $98,600
2016 $10,514 $190,300 $55,230 $135,070
2015 $9,683 $190,300 $55,230 $135,070
2014 $9,683 $176,200 $51,140 $125,060
Source: Public Records

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