NOT LISTED FOR SALE

5263 Edgewater Dr Sheffield Lake, OH 44054

Estimated Value: $1,328,000 - $1,557,000

4 Beds
3.5 Baths
4,938 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $970,000 $196 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,484/month

64 Days on Market

Highlights

  • Beach Front
  • Lake View
  • Colonial Architecture
  • Spa
  • Lake Privileges
  • Community Lake

About This Home

As of September 2020

Luxury lakefront living is within reach with this custom 4 bedroom, 3.5 full bathroom brick home settled on the shores of Lake Erie. Besides the amazing interior, this home takes outdoor space to the next level with spectacular views from every story. From the moment you step in the foyer, Lake Erie views welcome you and draw you into this beautiful oasis. Travertine tile floors flow from the foyer to the dining room and gourmet kitchen showing glazed cabinets, luxury granite, stainless steel appliances, wet bar, and island. Step outside to relax and unwind amidst the summer sky from the wrap around Brazillian Hardwood Deck. Back inside, finish up work in the quiet den and then head upstairs to retreat to the master suite with an impressive walk-in closet, ensuite bath, and private balcony with gorgeous water views. A spacious loft and 2 additional bedrooms with Jack & Jill bath complete the 2nd floor. Downstairs, the finished walk-out lower level has a guest bedroom, full bath, large kitchenette, and expansive recreation space. Sliding glass doors lead to a breathtaking ground level patio leading to the hot tub and 110’ pier with boat crane. Landscape accents like a cascading waterfall, meticulous retaining walls surround the home to create a serene setting. Home is perfect for entertaining inside and out. Come see today!

Last Agent to Sell the Property

Brian Salem

EXP Realty, LLC. License #2002000786 Listed on: 06/12/2020

EXP Realty, LLC.

Last Buyer's Agent

Anatoli Filiuk

Professional Realty Invest. Group License #2016002927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,641

Year Built

  • Built in 2003

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 97x100
  • Beach Front
  • Lake Front
  • Street terminates at a dead end
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 4,938 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Lake Privileges
  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-034-101-031

Community Details

Overview

  • Community Lake

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,641

Year Built

Built in 2003

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 196.44
  • Estimated Price per Sq Ft: 196.44
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 4938
  • Year Built: 2003
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Microwave, Wall Oven, Refrigerator, Washer, Hot Tub
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 13
  • Basement Detail: Finished, Full, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 4938.00
  • Sq Ft Approx Total Finished: 4938.00

Exterior Features

  • View: Lake Erie
  • Exterior: Brick, Cedar, Stone
  • Exterior Features: Deck, Patio, Porch, Sprinkler/Irrigation
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Lake, Park

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 97x100
  • Lot Description: Beach Front, Dead End Street, Lake Erie Front, Lake Privileges/Acce, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.2800
  • Parcel Number: 03-00-034-101-031

Tax Info

  • Tax: 19641

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Sep 4, 2020
Sold by
Garrett Michael
Bought by
Gera Oleg and Gera Oksana
Seller's Agent
Brian Salem
EXP Realty, LLC.
Buyer's Agent
Anatoli Filiuk
Professional Realty Invest. Group
List Price
$1,100,000
Sold Price
$970,000
Premium/Discount to List
-$130,000
-11.82%
Current Estimated Value
$1,446,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,947
Avg. Annual Appreciation
7.72%
Original Mortgage
$520,000
Outstanding Balance
$278,794
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,168,153

Purchase Details

Closed on
Nov 13, 2017
Sold by
Garratt Michael
Bought by
Garratt Michael A and Garratt Trust

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jan 30, 2014
Sold by
Warren Gail C
Bought by
Garratt Michael
Seller's Agent
Bob Szarek
Howard Hanna
Buyer's Agent
Brian Salem
EXP Realty, LLC.
List Price
$1,000,000
Sold Price
$930,000
Premium/Discount to List
-$70,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$697,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2008
Sold by
Warren Leonard R and Warren Gail C
Bought by
Warren Gail C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gera Oleg $970,000 None Available
Garratt Michael A -- --
Garratt Michael $930,000 Stewart Title
Warren Gail C -- Resource Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gera Oleg $520,000
Previous Owner Garratt Michael $697,500
Previous Owner Warren Gail C $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $970,000 -11.8% $196 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $1,100,000 +18.3% $223 / Sq Ft
01/31/2014 01/31/14 Sold $930,000 -7.0% $256 / Sq Ft View Prior Sale
11/20/2013 11/20/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $1,000,000 -- $275 / Sq Ft
Source: MLS Now

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 $24,364 $467,989 $121,436 $346,553
2023 $20,662 $348,933 $96,145 $252,788
2022 $20,975 $348,933 $96,145 $252,788
2021 $21,097 $348,933 $96,145 $252,788
2020 $19,757 $306,350 $84,410 $221,940
2019 $19,641 $306,350 $84,410 $221,940
2018 $19,719 $306,350 $84,410 $221,940
2017 $19,671 $278,650 $55,370 $223,280
2016 $19,854 $278,650 $55,370 $223,280
2015 $19,595 $278,650 $55,370 $223,280
2014 $16,537 $259,200 $51,500 $207,700
2013 $16,459 $259,200 $51,500 $207,700
Source: Public Records

Agents Affiliated with this Home

  • Brian Salem

    Seller's Agent in 2020

    Brian Salem

    EXP Realty, LLC.

    (216) 244-2549

    8 in this area

    499 Total Sales

    Brian Salem
    Section Image

  • A

    Buyer's Agent in 2020

    Anatoli Filiuk

    Professional Realty Invest. Group

    (440) 305-3780

    1 Total Sale

    Anatoli Filiuk
    Section Image
  • Bob Szarek

    Seller's Agent in 2014

    Bob Szarek

    Howard Hanna

    (440) 503-4740

    4 in this area

    189 Total Sales

    Bob Szarek
    Section Image
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Map

Source: MLS Now

MLS Number: 4196312

MLS Now

APN: 03-00-034-101-031

Ohio Lorain County Sheffield Lake 44054

5263 Edgewater Dr, Sheffield Lake, OH

Not Listed for Sale

Detached

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