NOT LISTED FOR SALE

5228 Edgewater Dr Sheffield Lake, OH 44054

Estimated Value: $201,000 - $248,623

3 Beds
1.5 Baths
1,270 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $145,000 $114 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,575/month

22 Days on Market

Highlights

  • Lake Privileges
  • 2 Car Detached Garage
  • Patio
  • 1 Fireplace
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Welcome to your lake home for a fraction of the cost. Lake views from your living room and formal dining room. This home is on a quiet dead end street just a walk to your private beach/lake access. You will enjoy this low maintenance brick ranch home with first floor laundry. The living room boasts a wood burning fireplace and rustic ceiling. Natural stone flooring and pergo wood throughout the enitre home. Sip on your morning cup of coffee in the beautifully bright sunroom with a skylight overlooking your private backyard. With a little TLC, this home could be brought right back to life. Location, location, location! Seller is offering a $1,000 paint/flooring credit to buyer at closing.

Last Agent to Sell the Property

Leah Montgomery

Fathom Realty License #2013001559 Listed on: 06/24/2021

Fathom Realty

Last Buyer's Agent

Brandi Peyatt

Russell Real Estate Services License #2019000533

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Lake Privileges
  • Patio
  • Porch

Utilities

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

Community Details

  • Sheffield On Lake Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-034-103-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,154

Year Built

Built in 1950

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 114.17
  • Estimated Price per Sq Ft: 114.17
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1270
  • Year Built: 1950
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Range, Refrigerator, Sump Pump
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1270.00
  • Sq Ft Approx Total Finished: 1270.00

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio, Porch
  • Fences: Partial
  • 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: Fireplace-Wood, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Annually
  • Hoa Name: SOTLA
  • Subdivision Complex: Sheffield On Lake

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Description: Dead End Street, Lake Privileges/Acce
  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 03-00-034-103-029

Tax Info

  • Tax: 3154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 14, 2021
Sold by
Faber Mary
Bought by
Ferrell Sean and Ferrell Chriscynthia
Seller's Agent
Leah Montgomery
Fathom Realty
Buyer's Agent
Brandi Peyatt
Russell Real Estate Services
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%
Current Estimated Value
$228,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,906
Avg. Annual Appreciation
11.40%
Original Mortgage
$116,000
Outstanding Balance
$105,394
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$123,512

Purchase Details

Closed on
Jul 1, 2016
Sold by
Faber Frederick W
Bought by
Faber Mary

Purchase Details

Closed on
May 9, 1997
Sold by
Mazur Gracie A
Bought by
Faber Frederick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,310
Interest Rate
8.05%
Mortgage Type
VA

Purchase Details

Closed on
Dec 12, 1995
Sold by
Meador Douglas N
Bought by
Mazur Gracie A
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
Ferrell Sean $145,000 Infinity Title
Faber Mary -- --
Faber Frederick W $77,000 --
Mazur Gracie A $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrell Sean $116,000
Previous Owner Faber Frederick W $79,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $145,000 -6.5% $114 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $155,000 -3.1% $122 / Sq Ft
06/24/2021 06/24/21 For Sale $160,000 -- $126 / 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 $4,423 $82,919 $28,378 $54,541
2023 $3,365 $55,465 $17,682 $37,783
2022 $3,334 $55,465 $17,682 $37,783
2021 $3,272 $55,465 $17,682 $37,783
2020 $3,154 $48,910 $15,590 $33,320
2019 $3,136 $48,910 $15,590 $33,320
2018 $3,148 $48,910 $15,590 $33,320
2017 $2,907 $41,180 $12,470 $28,710
2016 $3,008 $41,180 $12,470 $28,710
2015 $2,969 $41,180 $12,470 $28,710
2014 $2,513 $38,310 $11,600 $26,710
2013 $2,462 $37,710 $11,600 $26,110
Source: Public Records

Agents Affiliated with this Home

  • Leah Montgomery

    Seller's Agent in 2021

    Leah Montgomery

    Fathom Realty

    (440) 384-1231

    2 in this area

    83 Total Sales

    Leah Montgomery
    Section Image
  • Brandi Peyatt

    Buyer's Agent in 2021

    Brandi Peyatt

    Russell Real Estate Services

    (440) 539-7008

    4 in this area

    120 Total Sales

    Brandi Peyatt
    Section Image
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Map

Source: MLS Now

MLS Number: 4292014

MLS Now

APN: 03-00-034-103-029

Ohio Lorain County Sheffield Lake 44054

5228 Edgewater Dr, Sheffield Lake, OH

Not Listed for Sale

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