NOT LISTED FOR SALE

525 Central Ave Lakeside Marblehead, OH 43440

Estimated Value: $384,871 - $504,000

4 Beds
2 Baths
885 Sq Ft
$493/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $217,500 $246 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,645/month

233 Days on Market

Highlights

  • Beach Access
  • Window Unit Cooling System
  • Outdoor Storage
  • Storm Windows
  • Living Room
  • 4-minute walk to Grindley Playground

About This Home

As of September 2017

Charming 4 bedroom, 2 full bath Lakeside cottage. Updated electric, baseboard electric heat in every room, four window air conditioners and four ceiling fans. Kitchen appliances stay. Close to all amenities, large deck in shaded rear yard. Cottage sold furnished, turn key, enjoy your Lakeside cottage. Good rental cottage, must honor Tenant's Rights for 2017. 99 year renewable lease and subject to the Lakeside rules and regulations and seasonal gate fees.

Last Agent to Sell the Property

Richard Elsasser

Keller Williams Elevate-Lakesi License #2006000125 Listed on: 02/06/2017

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Kathleen Joy

Keller Williams Elevate-Lakesi License #2011000591

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1910

Lot Details

  • 3,101 Sq Ft Lot
  • Lot Dimensions are 33 x 94

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 885 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Crawl Space
  • Storm Windows

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electricity Not Available
  • Cable TV Available

Community Details

  • Association fees include assoc management, electricity, common ground, insurance, trash

Listing and Financial Details

  • Assessor Parcel Number 0140698216959000
  • $165 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1910

Lot Details

0

HOA Fees

$60 per month

Parking

3

Listing Details

  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.0712
  • NAV29_Unit_1_Appliances: Microwave, Range, Refrigerator
  • MLS Status: Sold
  • Directions: Fifth St. gate to left on Central second house.
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Living Area: 885
  • Property Attached Yn: No
  • Roof: Asphalt
  • Window Features: Storm Window(s)
  • Year Built: 1910
  • Tax Year: 2016
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Room Bedroom4 Area: 63
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second

Exterior Features

  • View: No
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Storage
  • Patio And Porch Features: Large Deck In Shaded Rear Yard

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Attached Garage: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Electricity On Property: No
  • Sewer: Public Sewer
  • Utilities: Electricity Not Available, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 180.01
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Assoc Management, Electricity, Common Ground, Insurance, Trash

Schools

  • Junior High Dist: Danbury

Lot Info

  • Lot Dimensions: 33 x 94
  • Lot Size Sq Ft: 3101.472
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 0140698216959000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2086.04
  • Tax Other Annual Assessment Amount: 165.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2018
Sold by
Martin Michael D and Verhoff Martin Nancy L
Bought by
Martin Michael D and Verhoff Martin Nancy L
Current Estimated Value
$436,468

Purchase Details

Listed on
Feb 6, 2017
Closed on
Sep 25, 2017
Sold by
Wahl James W and Wahl Sherry K
Bought by
Martin Michael D and Veroff Martin Nancy C
Seller's Agent
Richard Elsasser
Keller Williams Elevate-Lakesi
Buyer's Agent
Kathleen Joy
Keller Williams Elevate-Lakesi
List Price
$238,900
Sold Price
$217,500
Premium/Discount to List
-$21,400
-8.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$174,000
Outstanding Balance
$124,309
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$312,159

Purchase Details

Closed on
Jul 12, 2007
Sold by
Yambert Don E
Bought by
Wahl James W and Wahl Sherry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Martin Michael D -- None Available
Martin Michael D $217,500 None Available
Wahl James W $205,000 Firelands
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Michael D $174,000
Previous Owner Wahl James W $194,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $217,500 -9.0% $246 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $238,900 -- $270 / Sq Ft
Source: Firelands Association of REALTORS®

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 $3,594 $105,441 $48,132 $57,309
2023 $3,594 $78,764 $37,023 $41,741
2022 $2,719 $78,764 $37,023 $41,741
2021 $2,727 $78,760 $37,020 $41,740
2020 $2,509 $68,580 $36,300 $32,280
2019 $2,322 $68,580 $36,300 $32,280
2018 $2,480 $68,580 $36,300 $32,280
2017 $2,106 $56,940 $26,890 $30,050
2016 $2,086 $56,940 $26,890 $30,050
2015 $2,097 $56,940 $26,890 $30,050
2014 $1,054 $55,950 $26,890 $29,060
2013 $1,968 $55,950 $26,890 $29,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20170476

APN: 014-0698216959000