NOT LISTED FOR SALE

5427/5429 Lake St Rt 531 Rd Ashtabula, OH 44004

Geneva Neighborhood

Estimated Value: $187,026 - $237,000

4 Beds
2 Baths
2,787 Sq Ft
$73/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $122,000 $44 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,404/month

40 Days on Market

Highlights

  • Lake View
  • Corner Lot
  • Forced Air Heating System
  • Lake Privileges
  • Park
  • South Facing Home

About This Home

As of December 2020

Investment property close to Lake Erie! This is a side by side duplex with separate entrances and driveways. Each unit has 2 bedrooms and 1 bath and laundry room. Washer, dryer, stove, and fridge in each unit stay with the property. Over the years many updates have been made, such as the roof, siding, and windows. Beach access is available with membership to Lakelands Community. Schedule your private showing today!

Last Agent to Sell the Property

Sean Kennedy

Berkshire Hathaway HomeServices Professional Realty License #2011000780 Listed on: 08/07/2020

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Angelina Knapp

Deleted Agent License #2020004739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 1946

Lot Details

  • 7,841 Sq Ft Lot
  • South Facing Home
  • Corner Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,787 Sq Ft Home
  • 1-Story Property
  • Lake Views
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Lake Privileges

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas, sewer, water
  • Assessor Parcel Number 480181036100

Community Details

Overview

  • 2 Units
  • Geneva On Lake Community

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,091

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: South
  • Price Per Square Foot: 43.77
  • Estimated Price per Sq Ft: 43.77
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2787
  • Year Built: 1946
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1946

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Crawl
  • Sq Ft Approx Above Grade Finished: 2787.00
  • Sq Ft Approx Total Finished: 2787.00

Exterior Features

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

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Geneva On Lake

Schools

  • School District: Ashtabula Area CSD
  • School District: Ashtabula Area CSD

Lot Info

  • Additional Assessor Parcel Number 1: 480181036000
  • Additional Assessor Parcel Number 2: 480181036200
  • Lot Description: Corner, Lake Privileges/Acce
  • Lot Size Units: Acres
  • Acres: 0.1800
  • Parcel Number: 480181036100

Rental Info

  • Tenant Pays: Electric, Gas, Sewer, Water

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Dec 17, 2020
Sold by
Stuetzer Alex and Stuetzer Juanita I
Bought by
Sias Texal Ray and Sias Vicki Ann
Seller's Agent
Sean Kennedy
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Angelina Knapp
Deleted Agent
List Price
$129,900
Sold Price
$122,000
Premium/Discount to List
-$7,900
-6.08%
Current Estimated Value
$204,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,257
Avg. Annual Appreciation
11.46%
Original Mortgage
$119,790
Outstanding Balance
$106,649
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$97,608
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
Sias Texal Ray $136,500 Title Professionals Group Lt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sias Texal Ray $119,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $122,000 -6.1% $44 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $129,900 -- $47 / 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 $3,800 $45,120 $2,730 $42,390
2023 $2,114 $45,120 $2,730 $42,390
2022 $1,958 $35,980 $2,100 $33,880
2021 $1,978 $35,980 $2,100 $33,880
2020 $2,015 $35,980 $2,100 $33,880
2019 $1,793 $31,920 $4,970 $26,950
2018 $1,736 $31,920 $4,970 $26,950
2017 $1,770 $31,920 $4,970 $26,950
2016 $1,809 $31,920 $4,970 $26,950
2015 $1,806 $31,920 $4,970 $26,950
2014 $1,736 $31,920 $4,970 $26,950
2013 $1,349 $25,410 $2,240 $23,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4212746

MLS Now

APN: 480181036100