NOT LISTED FOR SALE

5403 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $328,000 - $436,893

3 Beds
1.5 Baths
1,647 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $250,000 $152 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,698/month

104 Days on Market

Highlights

  • Lake Front
  • Cape Cod Architecture
  • Deck
  • 0.59 Acre Lot
  • Community Lake
  • 1 Fireplace

About This Home

As of September 2019

Here is your OPPORTUNITY to buy AFFORDABLE LAKEFRONT property. This move-in ready cape cod is a solid
house with great bones. There is a shared private beach at the lakefront, but the new owner will have to build
access. Don't let this opportunistic property slip by. Book your showing today!

Last Agent to Sell the Property

Jonathan Wright

Civitas Real Estate Group License #2024005087 Listed on: 05/24/2019

Civitas Real Estate Group

Last Buyer's Agent

Jonathan Wright

Civitas Real Estate Group License #2024005087 Listed on: 05/24/2019

Civitas Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1942

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 51x397
  • Lake Front
  • South Facing Home

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,647 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Lake Views
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Gravity Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-033-101-016

Community Details

Overview

  • Sheffield Community
  • Community Lake

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,158

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • House Faces: South
  • Price Per Square Foot: 151.79
  • Estimated Price per Sq Ft: 151.79
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1647
  • Year Built: 1942
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1942

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1647.00
  • Sq Ft Approx Total Finished: 1647.00

Exterior Features

  • View: Lake Erie
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Gravity
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Common Facility, Lake, Laundromat, Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Sheffield

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 51x397
  • Lot Description: Lake Erie Front, Lake Front
  • Lot Size Units: Acres
  • Acres: 0.5900
  • Parcel Number: 03-00-033-101-016

Tax Info

  • Tax: 5158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Sep 23, 2019
Sold by
Peters Klaus Markus and The Eva Maria H Peters Revocab
Bought by
Bring Dennis and Bring Kim C
Seller's Agent
Jonathan Wright
Civitas Real Estate Group
Buyer's Agent
Jonathan Wright
Civitas Real Estate Group
List Price
$350,000
Sold Price
$250,000
Premium/Discount to List
-$100,000
-28.57%
Current Estimated Value
$389,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,973
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Feb 12, 2004
Sold by
Peters Clark Michael
Bought by
Peters Eva Maria H and Eva Maria H Peters Revocable Trust

Purchase Details

Closed on
Oct 30, 2000
Sold by
Kent Peters and Maria Eva
Bought by
Peters Kent P and Peters Eva Maria H
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
Bring Dennis $250,000 Miller Home Title
Peters Eva Maria H -- --
Peters Kent P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Sold $250,000 -16.4% $152 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
07/23/2019 07/23/19 Price Changed $299,000 -14.6% $182 / Sq Ft
05/24/2019 05/24/19 For Sale $350,000 -- $213 / 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 $7,830 $146,811 $96,548 $50,264
2023 $6,200 $102,190 $64,971 $37,219
2022 $6,143 $102,190 $64,971 $37,219
2021 $6,178 $102,190 $64,970 $37,220
2020 $5,874 $88,880 $57,040 $31,840
2019 $5,137 $88,880 $57,040 $31,840
2018 $5,158 $88,880 $57,040 $31,840
2017 $4,874 $77,800 $46,620 $31,180
2016 $4,919 $77,800 $46,620 $31,180
2015 $4,855 $77,800 $46,620 $31,180
2014 $4,059 $72,370 $43,370 $29,000
2013 $4,040 $72,370 $43,370 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4098792

MLS Now

APN: 03-00-033-101-016