Seller's Agent in 2023
Beth Barker
Howard Hanna
(440) 487-6462
3 in this area
121 Total Sales
5147 Lake Rd E Geneva, OH 44041
Geneva NeighborhoodEstimated Value: $139,000 - $168,885
4
Beds
2
Baths
1,040
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- South Facing Home
- 1-Story Property
About This Home
As of September 2023Have you ever dreamed of owning a piece of the iconic, highly desirable Geneva on the Lake Strip? Here is your chance, offered for under 100k, this cottage is hard to resist! With two units and a total of four bedrooms and two full baths, it is a perfect opportunity to create your own getaway, lease it out or perhaps a combination of the two. This property has many options and possibilities. 1. Occupy one unit and long term lease the second unit (the current lessee would like to stay) 2. Long term lease both units. 3. Occupy one unit and short-term vacation rent the second unit 4. Short-term vacation rent both units. Per the MLS and VRBO, similar long term rental properties earn approximately $550-$750 a month per unit and vacation rentals earn approximately $300 nightly per unit. Unit 1 has been renovated and unit 2 is ready for updates, the price is reflective. In Geneva on the Lake, you can find anything you're looking for. Choose between home cooking and sophisticated dining, as well as outdoor hot dog and pizza shops. Visit one of the many restaurants with inside seating, outdoor patios and bars with views of the lake! Spend a day visiting the many wineries or shopping at all of the unique shops on the strip. With arcades, zipline, go karts, bumper boats, putt putt golf, climbing and repelling walls, batting cages, beaches and tons of food choices, GOTL is great for family friendly fun!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,364
Year Built
- Built in 1956
Lot Details
- 5,401 Sq Ft Lot
- Lot Dimensions are 50 x 108
- South Facing Home
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,040 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 210300006400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2023
Closed on
Sep 11, 2023
Sold by
Obrien Kevin M
Bought by
Maiella Richard and Maiella David
Seller's Agent
Beth Barker
Howard Hanna
Buyer's Agent
Beth Barker
Howard Hanna
List Price
$99,900
Sold Price
$135,000
Premium/Discount to List
$35,100
35.14%
Total Days on Market
5
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,471
Avg. Annual Appreciation
10.16%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maiella Richard | $135,000 | Erie Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2023 09/11/23 | Sold | $135,000 | +35.1% | $130 / Sq Ft |
| 07/08/2023 07/08/23 | Pending | -- | -- | -- |
| 07/03/2023 07/03/23 | For Sale | $99,900 | -- | $96 / Sq Ft |
Source: MLS Now (Howard Hanna)
Tax History Compared to Growth
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 | $3,080 | $35,460 | $9,350 | $26,110 |
| 2023 | $1,651 | $35,460 | $9,350 | $26,110 |
| 2022 | $1,287 | $25,560 | $7,530 | $18,030 |
| 2021 | $1,365 | $25,560 | $7,530 | $18,030 |
| 2020 | $1,362 | $25,560 | $7,530 | $18,030 |
| 2019 | $1,228 | $23,280 | $7,280 | $16,000 |
| 2018 | $1,187 | $23,280 | $7,280 | $16,000 |
| 2017 | $1,159 | $23,280 | $7,280 | $16,000 |
| 2016 | $1,057 | $20,130 | $6,300 | $13,830 |
| 2015 | $1,051 | $20,130 | $6,300 | $13,830 |
| 2014 | $992 | $20,130 | $6,300 | $13,830 |
| 2013 | $966 | $19,850 | $3,540 | $16,310 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Barker
-
Mark Badzik
M
Seller Co-Listing Agent in 2023
Mark Badzik
Howard Hanna
(440) 974-9999
1 in this area
14 Total Sales
Map
Similar Homes in Geneva, OH
Source: MLS Now (Howard Hanna)
MLS Number: 4466172
APN: 210300006400
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.
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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