NOT LISTED FOR SALE

5391 Melody Ln Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $237,000 - $259,000

4 Beds
2 Baths
1,702 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $135,000 $79 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,790/month

73 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2019

Welcome to this well maintained colonial in desirable Ridge Acres, awaiting your personal touch! This four bedroom home boasts hardwood flooring throughout the main floor, 2 full baths, full basement, eat-in kitchen with walkout to sunroom, and a large 2 car garage.

Last Agent to Sell the Property

Paul Smylie

Deleted Agent License #2017001565 Listed on: 10/18/2018

Last Buyer's Agent

Paul Smylie

Deleted Agent License #2017001565 Listed on: 10/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,714

Year Built

  • Built in 1955

Lot Details

  • 8,999 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,702 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

  • Ridge Acres Estates 02 Community

Listing and Financial Details

  • Assessor Parcel Number 27-A-007-J-00-042-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,714

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 79.32
  • Estimated Price per Sq Ft: 79.32
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1702
  • Year Built: 1955
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1702.00
  • Sq Ft Approx Total Finished: 1702.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Ridge Acres Estates 02

Schools

  • School District: Willoughby-Eastlake
  • School District: Willoughby-Eastlake

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2066
  • Parcel Number: 27-A-007-J-00-042-0

Tax Info

  • Tax: 2714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Jan 30, 2019
Sold by
Maiorani Judith M and Pitts Paula J
Bought by
Burak Demal and Burak Adisa
Seller's Agent
Paul Smylie
Deleted Agent
Buyer's Agent
Paul Smylie
Deleted Agent
List Price
$169,900
Sold Price
$135,000
Premium/Discount to List
-$34,900
-20.54%
Current Estimated Value
$246,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,783
Avg. Annual Appreciation
9.42%
Original Mortgage
$110,000
Outstanding Balance
$96,905
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,878

Purchase Details

Closed on
Aug 16, 2013
Sold by
Maiorani Judith M and Smylie Sandra L
Bought by
Michello Paul J

Purchase Details

Closed on
Mar 20, 2012
Sold by
Michello Paul J and Michello Jane M
Bought by
Maiorani Judith M and Smylie Sandra L

Purchase Details

Closed on
Mar 22, 1988
Bought by
Michello Paul J
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 Buyer Sale Price Title Company
Burak Demal $135,000 None Available
Michello Paul J -- None Available
Maiorani Judith M -- Attorney
Michello Paul J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burak Demal $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $135,000 -9.9% $79 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
12/11/2018 12/11/18 Price Changed $149,900 -6.3% $88 / Sq Ft
11/09/2018 11/09/18 Price Changed $159,900 -5.9% $94 / Sq Ft
10/18/2018 10/18/18 For Sale $169,900 -- $100 / 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 -- $77,720 $16,780 $60,940
2023 $5,784 $61,090 $14,220 $46,870
2022 $3,843 $61,090 $14,220 $46,870
2021 $3,836 $60,740 $14,220 $46,520
2020 $3,532 $49,790 $11,660 $38,130
2019 $3,283 $49,790 $11,660 $38,130
2018 $2,667 $48,800 $17,950 $30,850
2017 $2,714 $48,800 $17,950 $30,850
2016 $2,704 $48,800 $17,950 $30,850
2015 $2,606 $48,800 $17,950 $30,850
2014 $2,307 $46,090 $17,950 $28,140
2013 $2,308 $46,090 $17,950 $28,140
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Paul Smylie

    Deleted Agent

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Map

Source: MLS Now

MLS Number: 4046410

MLS Now

APN: 27-A-007-J-00-042

Ohio Lake County Willoughby 44094 Downtown Willoughby

5391 Melody Ln, Willoughby, OH

This home is located at 5391 Melody Ln, Willoughby, OH 44094 since 18 October 2018 and is currently estimated at $246,783, approximately $144 per square foot. This property was built in 1955. 5391 Melody Ln is a home located in Lake County with nearby schools including Edison Elementary School, Willoughby Middle School, and South 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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