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
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
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 |
|---|---|---|---|
| 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
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
Map
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