$600,000
SOLD SEP 30, 2024

531 Central Ave Lakeside Marblehead, OH 43440

5 Beds
2 Baths
1,686 Sq Ft
3,101 Sq Ft Lot

Recently Sold

$356 Per Sq Ft

4% Below List Price

92 Days on Market

Highlights

  • Beach Access
  • Main Floor Primary Bedroom
  • Detached Garage
  • Home fronts a seawall
  • Formal Dining Room
  • Thermal Pane Windows

About This Home

As of September 2024

As charming as it gets!! This enchanting year-round cottage has many updates, yet still retains its classic Lakeside charm! Beautiful wood trim & doors. Natural light abounds with all the windows & high ceilings throughout! Before you even step in the front door you'll be welcomed by a lovely garden! As you enter the cottage you'll find a cozy enclosed front porch. The living room features a beautiful gas fireplace, that will keep you warm on a chilly night. There are 2 bedrooms on the main floor as well as a full bath, a well-appointed kitchen and a spacious dining area, perfect for family meals & gatherings. A staircase leads up to a wonderful second floor addition with gorgeous pine floors. Upstairs are 3 large bedrooms, a full bath and a pony walled space. Lots of closets, storage spaces and a laundry space. Out back you'll find a covered patio for grilling & you'll love the beautiful shade garden! Plenty of parking & large shed for golfcart. Lakeside Rules & Regs & 99-year lease.

Last Agent to Sell the Property

Jill O'Neal

Keller Williams Elevate-Lakesi License #2013001505 Listed on: 06/28/2024

Co-Listed By

Default zSystem

zSystem Default

Last Buyer's Agent

Stephan Pitzer

Key Realty License #2013000148

Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,995

Year Built

  • Built in 1922

Lot Details

  • 3,101 Sq Ft Lot
  • Home fronts a seawall

HOA Fees

  • $139 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,686 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Pane Windows
  • Living Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • Association fees include assoc management, security, electricity, common ground, pool maintenance, snow removal, trash
  • Lakeside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0140402905228000
  • $253 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,995

Year Built

Built in 1922

Lot Details

0

HOA Fees

$139 per month

Listing Details

  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • LaundryFeatures: Laundry Room
  • Lot Size Acres: 0.0712
  • NAV29_Unit_1_Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • MLS Status: Sold
  • Subdivision Name: Lakeside
  • Directions: Enter Lakeside on 5th Street. Turn right on Central Avenue. Cottage on left.
  • ResoBuildingAreaSource: Public Records
  • Carport Y N: No
  • Fireplace Features: Gas
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Living Area: 1686
  • Property Attached Yn: No
  • Roof: Asphalt
  • Window Features: Thermo Pane
  • Year Built: 1922
  • Tax Year: 2023
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Main Level Bathrooms: 1
  • ResoLivingAreaSource: PublicRecords
  • Room Bedroom4 Area: 135
  • Dining Room Features: Formal
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 189
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 110
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 10
  • Room Bedroom2 Level: Main
  • Room Bedroom5 Level: Second
  • Room Bedroom5 Area: 264
  • Room Living Room Area: 228
  • Room Kitchen Area: 120
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 120
  • Room Dining Room Area: 210

Exterior Features

  • View: No
  • Waterfront Features: Beach Access, Seawall
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Detached, Off Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 416.82
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Assoc Management, Security, Electricity, Common Ground, Pool Maintenance, Snow Removal, Trash

Schools

  • Junior High Dist: Danbury

Lot Info

  • Lot Size Sq Ft: 3101.472
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 0140402905228000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3995.16
  • Tax Other Annual Assessment Amount: 252.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Kiger Daniel A and Kiger Judith A
Bought by
Relaxing Llc
Current Estimated Value
$661,572

Purchase Details

Listed on
Jun 28, 2024
Closed on
Sep 30, 2024
Sold by
Albrecht James W and Albrecht Polly J
Bought by
Kiger Daniel A and Kiger Judith A
Seller's Agent
Jill O'Neal
Keller Williams Elevate-Lakesi
Buyer's Agent
Stephan Pitzer
Key Realty
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
May 2, 2002
Sold by
Ruehle M Roy
Bought by
Albrecht James W and Albrecht Polly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $600,000 Tri Coast Title
Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,000 New Conventional
Previous Owner $104,560 New Conventional
Previous Owner $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $600,000 -4.0% $356 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $625,000 -- $371 / Sq Ft
Source: Firelands Association of REALTORS®

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 $5,811 $174,216 $48,132 $126,084
2023 $5,811 $118,850 $37,023 $81,827
2022 $4,013 $118,850 $37,023 $81,827
2021 $4,026 $118,850 $37,020 $81,830
2020 $3,644 $99,590 $36,300 $63,290
2019 $3,372 $99,590 $36,300 $63,290
2018 $3,528 $99,590 $36,300 $63,290
2017 $3,175 $88,250 $26,890 $61,360
2016 $3,145 $88,250 $26,890 $61,360
2015 $3,159 $88,250 $26,890 $61,360
2014 $1,580 $86,230 $26,890 $59,340
2013 $2,944 $86,230 $26,890 $59,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20242303

APN: 014-0402905228000