NOT LISTED FOR SALE

5074 Melody Ln Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $212,163 - $241,000

3 Beds
2 Baths
1,660 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $165,000 $99 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,608/month

3 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Porch
  • Wooded Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

LOCATION, LOCATION, LOCATION!!! You will absolutely fall in love with this adorable Ranch in the highly desired Willoughby location of Ridge Acres. This timeless treasure has been updated through-out and offers tons of character and charm! The delightful Front Porch, with its appealing wood planked ceiling and skylights welcomes you into this darling home. The main floor offers a large Living Room with an electric fireplace, gorgeous hardwood floors, coved ceilings and a large picture window; three generous sized Bedrooms with gorgeous hardwood floors; a full updated Bathroom with ceramic tile floors and a rustic brick accent wall; a bright and cheerful Kitchen featuring white cabinets, granite countertops, copper backsplash and all appliances will remain; and a quaint Dining Room with delightful views of the wooded backyard and access to the Deck. The lower level features a big finished Rec. Room; a modern and updated full Bathroom with storage, a large Laundry / Utility Room and a Bonus Room – great for a Workshop or just extra storage! Outside you will find a 2 car detached Garage; Deck and a partially fenced wooded backyard. POS Complaint and One Year Home Warranty. This adorable home is move-in ready and close to all that Willoughby has to offer; parks, recreation, medical facilities, movies, shopping and so much more… HURRY THIS ONE WON’T LAST!!

Last Agent to Sell the Property

Denise Kovatch

Howard Hanna License #2013001329 Listed on: 06/28/2019

Howard Hanna

Last Buyer's Agent

Brenda Niemi

HomeSmart Real Estate Momentum LLC License #2006006076

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1955

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 60 x 148
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Wooded Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Ridge Acres Estates 02 Community

Listing and Financial Details

  • Assessor Parcel Number 27-A-007-L-00-018-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,558

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: East
  • Price Per Square Foot: 126.92
  • Estimated Price per Sq Ft: 126.92
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1300
  • Year Built: 1955
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Wall Oven, Range, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Finished, Full
  • Sq Ft Approx Above Grade Finished: 1300.00
  • Sq Ft Approx Below Grade Finished: 360.00
  • Sq Ft Approx Total Finished: 1660.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Exterior Features: Deck, Porch
  • Fences: Partial, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Ridge Acres Estates 02

Schools

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

Lot Info

  • Lot Dimensions: 60 x 148
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.2066
  • Parcel Number: 27-A-007-L-00-018-0

Tax Info

  • Tax: 2558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 26, 2019
Sold by
Dams Rachael and Holland Scott James
Bought by
Franzke Jennifer and Franzke Reed
Seller's Agent
Denise Kovatch
Howard Hanna
Buyer's Agent
Brenda Niemi
HomeSmart Real Estate Momentum LLC
List Price
$149,900
Sold Price
$165,000
Premium/Discount to List
$15,100
10.07%
Current Estimated Value
$230,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,041
Avg. Annual Appreciation
5.60%
Original Mortgage
$111,925
Outstanding Balance
$97,835
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$132,206

Purchase Details

Listed on
Jun 22, 2013
Closed on
Aug 29, 2013
Sold by
Wallace Melissa L
Bought by
Dams Rachael
Seller's Agent
Candy Forrer
OwnerLand Realty, Inc.
Buyer's Agent
Christopher Scalese
Platinum Real Estate
List Price
$149,900
Sold Price
$139,000
Premium/Discount to List
-$10,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$136,482
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2005
Sold by
Johnson Sandra J
Bought by
Wallace Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2004
Sold by
Chen Huan Chao and Pang Jing
Bought by
Johnson Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,100
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 1999
Sold by
Mcgee David P
Bought by
Chen Huan Chao and Pang Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
6.57%

Purchase Details

Closed on
Jul 27, 1992
Bought by
Mcgee David 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
Franzke Jennifer $165,000 Enterprise Title Agency Inc
Dams Rachael $139,000 None Available
Wallace Melissa L $158,000 Cleveland Title
Johnson Sandra J $143,900 Cleveland Title
Chen Huan Chao $107,800 Guardian Title
Mcgee David P $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzke Jennifer $111,925
Previous Owner Dams Rachael $136,482
Previous Owner Wallace Melissa L $126,400
Previous Owner Johnson Sandra J $115,100
Previous Owner Chen Huan Chao $86,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2019 08/28/19 Sold $165,000 +10.1% $99 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $149,900 +7.8% $90 / Sq Ft
08/30/2013 08/30/13 Sold $139,000 -7.3% $132 / Sq Ft View Prior Sale
08/22/2013 08/22/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $149,900 -- $142 / 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 -- $60,320 $16,780 $43,540
2023 $4,640 $49,010 $14,220 $34,790
2022 $3,113 $49,010 $14,220 $34,790
2021 $3,033 $49,010 $14,220 $34,790
2020 $2,793 $40,180 $11,660 $28,520
2019 $2,593 $40,180 $11,660 $28,520
2018 $2,558 $40,670 $17,950 $22,720
2017 $2,747 $40,670 $17,950 $22,720
2016 $2,737 $40,670 $17,950 $22,720
2015 $2,647 $40,670 $17,950 $22,720
2014 $2,391 $38,700 $17,950 $20,750
2013 $2,392 $38,700 $17,950 $20,750
Source: Public Records

Agents Affiliated with this Home

  • Denise Kovatch

    Seller's Agent in 2019

    Denise Kovatch

    Howard Hanna

    (440) 669-8826

    4 in this area

    151 Total Sales

    Denise Kovatch
    Section Image
  • Brenda Niemi

    Buyer's Agent in 2019

    Brenda Niemi

    HomeSmart Real Estate Momentum LLC

    (440) 218-0297

    2 in this area

    182 Total Sales

    Brenda Niemi
    Section Image

  • M

    Buyer Co-Listing Agent in 2019

    Michael Pape

    EXP Realty, LLC.

    (330) 221-4276

    20 Total Sales

    Michael Pape
    Section Image
  • Candy Forrer

    Seller's Agent in 2013

    Candy Forrer

    OwnerLand Realty, Inc.

    (330) 819-3343

    13 Total Sales

    Candy Forrer
    Section Image
  • Christopher Scalese

    Buyer's Agent in 2013

    Christopher Scalese

    Platinum Real Estate

    (440) 725-8257

    4 in this area

    57 Total Sales

    Christopher Scalese
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4110375

MLS Now

APN: 27-A-007-L-00-018

Ohio Lake County Willoughby 44094 Downtown Willoughby

5074 Melody Ln, Willoughby, OH

This home is located at 5074 Melody Ln, Willoughby, OH 44094 since 28 June 2019 and is currently estimated at $230,041, approximately $138 per square foot. This property was built in 1955. 5074 Melody Ln 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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