NOT LISTED FOR SALE

5254 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $497,445

-- Bed
-- Bath
13,686 Sq Ft
$36/Sq Ft Est. Value

About This Home

This home is located at 5254 E Lake Rd, Sheffield Lake, OH 44054 and is currently estimated at $497,445, approximately $36 per square foot. 5254 E Lake Rd is a home located in Lorain County with nearby schools including Knollwood Elementary School, Brookside Intermediate School, and Brookside Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Tj Saine Llc
Bought by
Shree Mahant Llc
Current Estimated Value
$497,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$217,763
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$279,682

Purchase Details

Closed on
Jun 25, 2021
Sold by
Tj Saini Llc
Bought by
Shree Mahant Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$217,763
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$279,682

Purchase Details

Closed on
May 4, 2015
Sold by
Pilgrim Reo Llc
Bought by
Th Saini Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2011
Sold by
Leseman Richard
Bought by
Capcar Realty 1 1 Llc

Purchase Details

Closed on
Mar 16, 1999
Sold by
Shamrock Investment Company and George Danny
Bought by
Leseman Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,000
Interest Rate
6.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Shree Mahant Llc $380,000 Multiple
Shree Mahant Llc $380,000 Examco Title Services
Th Saini Llc $255,000 None Available
Capcar Realty 1 1 Llc $200,000 Attorney
Leseman Richard $385,000 Surety Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shree Mahant Llc $240,000
Closed Shree Mahant Llc $240,000
Previous Owner Th Saini Llc $204,000
Previous Owner Leseman Richard $421,000
Source: Public Records

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 $7,704 $123,407 $13,367 $110,040
2023 $7,187 $101,381 $11,137 $90,244
2022 $3,221 $101,381 $11,137 $90,244
2021 $3,233 $46,057 $11,463 $34,594
2020 $3,319 $46,050 $11,460 $34,590
2019 $3,152 $44,410 $11,460 $32,950
2018 $3,378 $44,410 $11,460 $32,950
2017 $3,611 $44,410 $11,460 $32,950
2016 $7,125 $87,010 $22,280 $64,730
2015 $7,025 $87,010 $22,280 $64,730
2014 -- $87,010 $22,280 $64,730
2013 $6,379 $87,010 $22,280 $64,730
Source: Public Records

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