NOT LISTED FOR SALE

5091 Melody Ln Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $190,000 - $218,000

3 Beds
1 Bath
928 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $180,000 $194 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,463/month

23 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Enclosed Patio or Porch
  • West Facing Home
  • 1-Story Property

About This Home

As of March 2023

Welcome to Ridge Acres! This solid 3 bed 1 bath ranch has been tastefully updated by the caring owner over the last 3-4 years. In that time, the original hardwood floors have been refinished. Every room has been painted with professional level quality(no more wallpaper!). New tile floors in the kitchen and bath. New counters and backsplash in the kitchen as well as refinished cabinets. Newer light fixtures throughout. Newer windows and roof. The enclosed porch/sunroom with glass slider to the backyard, is perfect for your morning coffee and summer gatherings. The full basement is a clean slate with painted walls and floors, ready for your finishing touches. Laundry and a workshop space are also located in the basement. This home is totally move in ready and will be a great home for the new owner. Prime location in walking distance to Willoughby Commons and South High School, just a few minutes drive to highway access of Rt 2, 90, and Downtown Willoughby. Don't sleep on this one!

Last Agent to Sell the Property

Derek Ballash

Deleted Agent License #2017002300 Listed on: 01/27/2023

Deleted Agent

Last Buyer's Agent

Michael Monaco

HomeSmart Real Estate Momentum LLC License #2014000795

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1955

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 60x150
  • West Facing Home
  • Partially Fenced Property
  • Privacy Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • Ridge Acre Estates 2 Sub Community

Listing and Financial Details

  • Assessor Parcel Number 27-A-007-L-00-049-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,886

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 193.97
  • Estimated Price per Sq Ft: 193.97
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 928
  • Year Built: 1955
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 928.00
  • Sq Ft Approx Total Finished: 928.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Enclosed Patio/Porch
  • Fences: Partial, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Ridge Acre Estates 2 Sub

Schools

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

Lot Info

  • Lot Dimensions: 60x150
  • Lot Size Units: Acres
  • Acres: 0.2066
  • Parcel Number: 27-A-007-L-00-049-0
  • LandLeaseYN: No

Tax Info

  • Tax: 2886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 24, 2023
Sold by
Suman Patrick
Bought by
Oconnor Kerri L
Seller's Agent
Derek Ballash
Deleted Agent
Buyer's Agent
Michael Monaco
HomeSmart Real Estate Momentum LLC
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Views
217
Current Estimated Value
$206,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,460
Avg. Annual Appreciation
5.55%
Original Mortgage
$162,000
Outstanding Balance
$143,702
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$62,758

Purchase Details

Listed on
Dec 18, 2018
Closed on
Mar 25, 2019
Sold by
Yurick Rita C and Estate Of Patricia Anne Steven
Bought by
Suman Patrick
Seller's Agent
Mike Wagner
Laronge-Wagner Realty
Buyer's Agent
Derek Ballash
Deleted Agent
List Price
$139,500
Sold Price
$133,000
Premium/Discount to List
-$6,500
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$129,010
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 1987
Bought by
Stevenson Robert
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
Oconnor Kerri L $180,000 Chicago Title
Suman Patrick $133,000 Guaranty Title
Stevenson Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Kerri L $162,000
Previous Owner Suman Patrick $129,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2023 03/27/23 Sold $180,000 -4.8% $194 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $189,000 +42.1% $204 / Sq Ft
03/26/2019 03/26/19 Sold $133,000 -4.7% $143 / Sq Ft View Prior Sale
02/15/2019 02/15/19 Pending -- -- --
12/18/2018 12/18/18 For Sale $139,500 -- $150 / 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 -- $61,610 $16,780 $44,830
2023 $4,429 $46,780 $14,220 $32,560
2022 $2,886 $46,780 $14,220 $32,560
2021 $2,897 $46,780 $14,220 $32,560
2020 $2,668 $38,350 $11,660 $26,690
2019 $2,538 $38,350 $11,660 $26,690
2018 $1,900 $34,590 $17,950 $16,640
2017 $1,770 $34,590 $17,950 $16,640
2016 $1,762 $34,590 $17,950 $16,640
2015 $1,682 $34,590 $17,950 $16,640
2014 $1,507 $33,140 $17,950 $15,190
2013 $1,508 $33,140 $17,950 $15,190
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Derek Ballash

    Deleted Agent

    Section Image
  • Michael Monaco

    Buyer's Agent in 2023

    Michael Monaco

    HomeSmart Real Estate Momentum LLC

    (216) 536-9585

    6 in this area

    179 Total Sales

    Michael Monaco
    Section Image
  • Mike Wagner

    Seller's Agent in 2019

    Mike Wagner

    Laronge-Wagner Realty

    (440) 667-9614

    86 Total Sales

    Mike Wagner
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4434791

MLS Now

APN: 27-A-007-L-00-049

Ohio Lake County Willoughby 44094 Downtown Willoughby

5091 Melody Ln, Willoughby, OH

This home is located at 5091 Melody Ln, Willoughby, OH 44094 since 27 January 2023 and is currently estimated at $206,460, approximately $222 per square foot. This property was built in 1955. 5091 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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