NOT LISTED FOR SALE

5423 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $291,000 - $375,000

2 Beds
2 Baths
1,080 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $220,000 $204 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,260/month

72 Days on Market

Highlights

  • Lake Front
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Deck
  • 2 Car Attached Garage
  • South Facing Home

About This Home

As of October 2014

Attention water buffs!! Affordable Lakefront property! Enjoy the beauty of Lake Erie & the gorgeous sunsets nightly. Home is secluded from the street for privacy-offers rear wall of windows to showcase the Lake view-kitchen offers Corian counter tops & loads of oak cabinets for storage & all appliances stay. Kitchen & living room ceilings are vaulted & beamed-living room also offers a fireplace for those cool evenings. This Ranch offers 2 bedrooms & 2 full baths-pull down storage, & did I mention Lake Erie is in your backyard? Room for expansion if you want to build out too!

Last Agent to Sell the Property

Tammy Koleski

Howard Hanna License #2003013371 Listed on: 07/03/2014

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1958

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 41x259
  • Lake Front
  • South Facing Home
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Sheffield Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-033-101-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,951

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 203.70
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1080
  • Year Built: 1958
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Appliances Equipment: Cooktop, Dryer, Garbage Disposal, Microwave, Wall Oven, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 5
  • Basement Detail: Slab
  • Living Area Sq Ft: 1080
  • Estimated Total Living Area: 1080
  • Estimated Sq Ft: 1080

Exterior Features

  • View: Lake Erie
  • Exterior: Vinyl
  • Exterior Features: Deck, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Door Opener, Electric
  • 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: Sheffield

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 41x259
  • Lot Description: Lake Erie Front, Lake Front
  • Lot Size Area Sq Ft: 0.3200
  • Lot Size Units: Acres
  • Acres: 0.3200
  • Parcel Number: 03-00-033-101-022

Tax Info

  • Tax: 2951

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2014
Closed on
Oct 13, 2014
Sold by
Karnes Dianne E
Bought by
Surace Frank and Surace Ruth
Seller's Agent
Tammy Koleski
Howard Hanna
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%
Current Estimated Value
$339,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,552
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
May 28, 2003
Sold by
Jones Frank D Trustee
Bought by
Karnes Dianne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1999
Sold by
Mcclain James M and Mclain Diane M
Bought by
Jones Frank

Purchase Details

Closed on
Oct 28, 1996
Sold by
Torok John G
Bought by
Mcclain James M and Mcclain Diane M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Surace Frank $200,000 Old Republic Title
Karnes Dianne E $197,000 --
Jones Frank $177,500 Guardian Title
Mcclain James M $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karnes Dianne E $157,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $220,000 -8.3% $204 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $239,900 -- $222 / 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 $5,749 $120,085 $70,063 $50,022
2023 $4,580 $86,401 $46,228 $40,173
2022 $4,561 $86,401 $46,228 $40,173
2021 $4,588 $86,401 $46,228 $40,173
2020 $4,335 $75,860 $40,590 $35,270
2019 $4,310 $75,860 $40,590 $35,270
2018 $4,136 $72,900 $40,590 $32,310
2017 $3,825 $62,830 $32,930 $29,900
2016 $3,605 $59,350 $32,930 $26,420
2015 $4,174 $59,350 $32,930 $26,420
2014 $2,965 $55,220 $30,640 $24,580
2013 $2,951 $55,220 $30,640 $24,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3633497

MLS Now

APN: 03-00-033-101-022