$1,420,000
SOLD DEC 6, 2024

5280 Avon Lake Rd Litchfield, OH 44253

116 Acres
$12,229 Price per Acre
5,058,192 Sq Ft Lot

Recently Sold

21% Below List Price

357 Days on Market

Highlights

  • Barn
  • 116.12 Acre Lot
  • Wood Fence
  • Stables
  • No HOA

About This Lot

As of December 2024

Over 116 Acres consisting of two parcels which can be divided further. Approx 1330 ft of frontage on Avon Lake Rd with approx 140 ft frontage on Garver Rd. The opportunities are endless with the multiple large outbuildings plus 2579 sq ft century house on the property. Over $150,000 in improvements within the last couple years. The massive 72X220 Barn includes 25 Stalls, storage rooms, 8,000 sq ft concrete floor, additional space, newer partial roof replacement and renovation. It also includes newer LED security and interior lights, kitchen, two bathrooms, offices, viewing area, and much more. This property can remain as a farm or would make a perfect event center with bed and breakfast. Two large stocked ponds and beautiful views. Currently zoned agricultural with commercial use. Buyers to do their due diligence if they want to get rezoned for their specific use and verify CAUV tax amounts and rules. Per the county; CAUV reduction is not reflective in current taxes. This property is a MUST see!

Last Agent to Sell the Property

Jennifer Karasz

EXP Realty, LLC. Brokerage Email: jennkarasz@gmail.com 330-242-0220 License #418342

EXP Realty, LLC.

Last Buyer's Agent

Amanda Shafer

RE/MAX Trends Realty License #2019000744

RE/MAX Trends Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,261

Year Built

  • 1848

Lot Details

  • 116.12 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • 004-09A-12-003

Parking

  • Unpaved Parking
  • Paved Parking

Horse Facilities and Amenities

  • Stables
  • Arena

Additional Features

  • Barn
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 004-09A-11-005

Property Details

Property Type

Land

Est. Annual Taxes

$9,261

Year Built

1848

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Farm
  • Attribution Contact: jennkarasz@gmail.com 330-242-0220
  • Horses: Yes
  • Property Sub Type Additional: Farm
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1848

Exterior Features

  • Fencing: Chain Link, Wood
  • Acres: 116.1201

Garage/Parking

  • Parking Features: Paved, Unpaved

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Oil Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cloverleaf LSD - 5204

Lot Info

  • Lot Size Units: Acres
  • Topography: Level
  • Parcel Number: 004-09A-11-005
  • Horse Amenities: Arena, Barn, Stable(s)
  • Additional Parcels Description: 004-09A-12-003
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Lots: 2

Tax Info

  • Tax Annual Amount: 9261.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 5, 2024
Sold by
Griffon Holdings Llc
Bought by
Fechko Properties Llc
Seller's Agent
Jennifer Karasz
EXP Realty, LLC.
Buyer's Agent
Amanda Shafer
RE/MAX Trends Realty
List Price
$1,795,000
Sold Price
$1,420,000
Premium/Discount to List
-$375,000
-20.89%
Total Days on Market
357
Views
396
Current Estimated Value
$820,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$599,012

Purchase Details

Closed on
Oct 1, 2020
Sold by
Forstner Gerald C and Forstner Libby M
Bought by
Griffon Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Warranty Deed $1,420,000 None Listed On Document
Warranty Deed $1,380,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $27,500 Construction
Previous Owner $75,000 New Conventional
Previous Owner $135,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $1,420,000 -17.4% --
10/15/2024 10/15/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $1,720,000 -4.2% --
10/24/2023 10/24/23 For Sale $1,795,000 -- --
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 $7,879 $544,310 $375,910 $168,400
2023 $7,879 $544,310 $375,910 $168,400
2022 $21,101 $544,310 $375,910 $168,400
2021 $17,917 $278,180 $154,640 $123,540
2020 $12,035 $278,180 $154,640 $123,540
2019 $24,921 $281,230 $157,690 $123,540
Source: Public Records

Source: MLS Now

MLS Number: 4499700

MLS Now

APN: 004-09A-11-005

Ohio Medina County Litchfield 44253

5280 Avon Lake Rd, Litchfield, OH

Homes for Sale in Litchfield, OH

This home is located at 5280 Avon Lake Rd, Litchfield, OH 44253 and is currently priced at $1,420,000. This property was built in 1848. 5280 Avon Lake Rd is a home located in Medina County with nearby schools including Cloverleaf Elementary School, Cloverleaf Middle School, and Cloverleaf High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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