Edith Ross
Russell Real Estate Services
(216) 677-6801
160 Total Sales
1 in Madison
$233,000 Price
5465 Chapel Rd Madison, OH 44057
Madison AreaEstimated Value: $419,000 - $555,702
12
Beds
7
Baths
--
Sq Ft
3.36
Acre Lot
Highlights
- 3.36 Acre Lot
- 2 Car Detached Garage
- Forced Air Heating System
About This Home
As of March 2023Don't miss this amazing investment opportunity. Located at the end of McMackin Road, this beautiful 3+ acre lakefront lot contains 6 units including the main house and 5 rental cottages. Property also has a large garage! Located just minutes from Geneva on the Lake and close to wine country, this property has incredible potential as an Air B&B or seasonal rentals. This is a turnkey operation as all units are currently rented with tenants who would love to stay.
When viewing, please park in front of the garage located to the right when you pull in the driveway as to not block access for tenants.
Last Agent to Sell the Property
HomeSmart Real Estate Momentum LLC License #2017006278 Listed on: 05/17/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,578
Year Built
- Built in 1932
Lot Details
- 3.36 Acre Lot
- Unpaved Streets
Parking
- 2 Car Detached Garage
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 4-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in unit
Bedrooms and Bathrooms
- 12 Bedrooms
- 7 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Septic Tank
Community Details
- 6 Buildings
- 6 Units
- Dreamhaven Community
Listing and Financial Details
- Assessor Parcel Number 01-B-129-A-00-025-0
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2022
Closed on
Mar 8, 2023
Sold by
Johnson Kenneth P G and Johnson Christine S
Bought by
Seller's Agent
Joe Lucas
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Carly Sablotny
Keller Williams Living
List Price
$545,000
Sold Price
$425,000
Premium/Discount to List
-$120,000
-22.02%
Views
164
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,000
Avg. Annual Appreciation
4.00%
Purchase Details
Closed on
Aug 31, 2006
Sold by
Luczynski Thomas P and Luczynski Thomas A
Bought by
Johnson Kenneth P G and Johnson Christine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,600
Interest Rate
7.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 4, 2003
Sold by
Luczynski Thomas P and Luczynski Renee E
Bought by
Johnson Kenneth P G and Johnson Christine S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,600
Interest Rate
7.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 1, 1990
Bought by
Luczynski Thomas A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madison, OH
-
Edith Ross
-
Sarah Glasky
Sarah Glasky
Platinum Real Estate
(440) 553-8533
57 Total Sales
1 in Madison
$150,000 Price
-
Majdey Taye
Majdey Taye
RE/MAX Transitions
(440) 517-5288
279 Total Sales
1 in Madison
$27,000 Price
-
Raegan Hagerdon
Raegan Hagerdon
Assured Real Estate
(440) 261-5973
169 Total Sales
3 in Madison
$149K - $260K Price Range
-
Philip Pagon
Philip Pagon
HomeSmart Real Estate Momentum LLC
(216) 859-1426
39 Total Sales
2 in Madison
$219K - $255K Price Range
-
Amy McDougald - Eckard
Amy McDougald - Eckard
Keller Williams Chervenic Rlty
(234) 405-4910
186 Total Sales
2 in Madison
$125K - $315K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $425,000 | Ohio Real Title | ||
| Johnson Kenneth P G | $316,000 | None Available | |
| Johnson Kenneth P G | -- | None Available | |
| Luczynski Thomas A | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $235,000 | ||
| Previous Owner | Johnson Kenneth P G | $264,000 | |
| Previous Owner | Johnson Kenneth P G | $268,600 | |
| Previous Owner | Johnson Kenneth P G | $268,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2023 03/09/23 | Sold | $425,000 | -14.8% | -- |
| 11/16/2022 11/16/22 | Pending | -- | -- | -- |
| 10/13/2022 10/13/22 | Price Changed | $499,000 | -8.4% | -- |
| 10/13/2022 10/13/22 | For Sale | $545,000 | 0.0% | -- |
| 07/31/2022 07/31/22 | Pending | -- | -- | -- |
| 06/28/2022 06/28/22 | Price Changed | $545,000 | -9.2% | -- |
| 05/17/2022 05/17/22 | For Sale | $599,900 | -- | -- |
Source: MLS Now
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $10,718 | $124,030 | $66,270 | $57,760 |
| 2024 | $14,959 | $124,030 | $66,270 | $57,760 |
| 2023 | $14,959 | $101,900 | $52,050 | $49,850 |
| 2022 | $8,629 | $101,900 | $52,050 | $49,850 |
| 2021 | $8,577 | $101,900 | $52,050 | $49,850 |
| 2020 | $8,521 | $101,900 | $52,050 | $49,850 |
| 2019 | $1,154 | $101,900 | $52,050 | $49,850 |
| 2018 | $5,050 | $93,610 | $52,050 | $41,560 |
| 2017 | $7,973 | $93,610 | $52,050 | $41,560 |
| 2016 | $7,478 | $93,610 | $52,050 | $41,560 |
| 2015 | $7,106 | $93,610 | $52,050 | $41,560 |
| 2014 | $7,186 | $93,610 | $52,050 | $41,560 |
| 2013 | $7,180 | $93,610 | $52,050 | $41,560 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Lucas
Seller's Agent in 2023
Joe Lucas
HomeSmart Real Estate Momentum LLC
(440) 639-0002
181 Total Sales
-
Denise Smith
Seller Co-Listing Agent in 2023
Denise Smith
Glasshouse Realty Group, LLC
(440) 227-3252
162 Total Sales
-
Carly Sablotny
Buyer's Agent in 2023
Carly Sablotny
Keller Williams Living
(440) 521-1704
435 Total Sales
-
Alicia Barton
Buyer Co-Listing Agent in 2023
Alicia Barton
Keller Williams Living
(440) 858-7647
72 Total Sales
Map
Source: MLS Now
MLS Number: 4374165
APN: 01-B-129-A-00-025-0
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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