NOT LISTED FOR SALE

5261 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $195,000 - $233,000

3 Beds
1 Bath
1,092 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $43,000 $39 Per Sq Ft

Est. 404% increase in value since last sale

Current estimated payment $1,434/month

67 Days on Market

Highlights

  • Medical Services
  • 2 Car Detached Garage
  • Community Playground
  • City View
  • Patio
  • Park

About This Home

As of April 2013

This is a Fannie Mae HomePath Property. Purchase This Property For As Little As 3% Down! Great Opportunity!! This Ranch offers 3 bedrooms and 2 full bath (2nd in lower level) as well as a large 2 car garage. Plenty of room on the concrete patio/drive for Summer entertaining. There is ample cabinet space and a dining area in the kitchen. The hardwood flooring has much potential!!! The home is within walking distance to Lake Erie and shopping. Your future home awaits you! Seller mandates no offers will be accepted on days 1-3, only offers from owner occupants or public entities (and their designated partners) will be considered from days 4 thru 15 of it being on the market. All other offers will be considered on the 16th day. This Property Is Approved For HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Gary Lustic

Russell Real Estate Services License #401538 Listed on: 01/14/2013

Russell Real Estate Services

Last Buyer's Agent

William Schram

CENTURY 21 DePiero & Associates, Inc. License #385976

CENTURY 21 DePiero & Associates, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40x122
  • East Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Patio
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 03-00-034-103-025

Community Details

Amenities

  • Medical Services

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: East
  • Price Per Square Foot: 39.38
  • Num Of Stories: 1.00
  • Total Sq Ft: 1092
  • Year Built: 1955
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full
  • Living Area Sq Ft: 1092
  • Estimated Total Living Area: 1092
  • Estimated Sq Ft: 1092

Exterior Features

  • View: City View
  • Exterior: Aluminum, Vinyl
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Medical Service, Park, Playground

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 40X122
  • Lot Description: City Lot
  • Lot Size Area Sq Ft: 5663.0000
  • Lot Size Frontage: 40
  • Lot Size Units: Acres
  • Price Per Acre: 330769.23
  • Acres: 0.1300
  • Parcel Number: 03-00-034-103-025

Tax Info

  • Tax: 2168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2015
Sold by
Adana Realty Co
Bought by
Sanchez Cheri
Current Estimated Value
$216,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,552
Outstanding Balance
$82,711
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$134,207

Purchase Details

Listed on
Jan 14, 2013
Closed on
May 1, 2013
Sold by
Fannie Mae
Bought by
Adana Realty Co
Seller's Agent
Gary Lustic
Russell Real Estate Services
Buyer's Agent
William Schram
CENTURY 21 DePiero & Associates, Inc.
List Price
$55,000
Sold Price
$43,000
Premium/Discount to List
-$12,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 7, 2012
Sold by
Gilmore James C
Bought by
Bank Of America Na and Countrywide Home Loans Servicing Lp
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
Sanchez Cheri $107,500 None Available
Adana Realty Co $43,000 Intitle Agency Inc
Federal National Mortgage Association -- None Available
Bank Of America Na $106,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Cheri $105,552
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2013 04/15/13 Sold $43,000 -21.8% $39 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $55,000 -- $50 / 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 $3,551 $68,208 $22,197 $46,011
2023 $2,287 $38,619 $13,832 $24,787
2022 $2,265 $38,619 $13,832 $24,787
2021 $2,278 $38,619 $13,832 $24,787
2020 $2,197 $34,060 $12,200 $21,860
2019 $2,184 $34,060 $12,200 $21,860
2018 $2,418 $34,060 $12,200 $21,860
2017 $2,644 $37,450 $9,750 $27,700
2016 $2,668 $37,450 $9,750 $27,700
2015 $2,700 $37,450 $9,750 $27,700
2014 $2,206 $33,620 $9,070 $24,550
2013 $2,195 $33,620 $9,070 $24,550
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Gary Lustic

    Russell Real Estate Services

    (440) 835-8300

    7 Total Sales

    Gary Lustic
    Section Image

  • W

    Buyer's Agent in 2013

    William Schram

    CENTURY 21 DePiero & Associates, Inc.

    (440) 842-7200

    3 Total Sales

    William Schram
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3376239

MLS Now

APN: 03-00-034-103-025

Ohio Lorain County Sheffield Lake 44054

5261 E Lake Rd, Sheffield Lake, OH

Not Listed for Sale

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