NOT LISTED FOR SALE

5475 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $493,000 - $913,938

4 Beds
2 Baths
2,787 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 12, 2012

Last sale price $180,000 $65 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $5,273/month

358 Days on Market

Highlights

  • Lake Front
  • 1 Fireplace
  • Enclosed Patio or Porch
  • 0.71 Acre Lot
  • 3 Car Detached Garage
  • 4-minute walk to Century Park

About This Home

As of September 2012

This amazing location is waiting for someone who wants to rehab this home or do a tear down. Lake access and YOUR OWN BEACH. This is the one you have been waiting for. Live in one house and rent the other.2 houses on 1 lot! Prime lake access and gorgeous views.Stairs to the beach. Just imagine yourself sitting and having your morning coffee and watching Lake Erie waves. Or build your dream home. For a larger lot combine your purchase with the house next door which is also available. Great sunsets

Last Agent to Sell the Property

Michael Rath

ERA Real Solutions Realty License #202898 Listed on: 08/29/2011

ERA Real Solutions Realty

Last Buyer's Agent

Michael Rath

ERA Real Solutions Realty License #202898 Listed on: 08/29/2011

ERA Real Solutions Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 69.70 x 446
  • Lake Front
  • North Facing Home
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,787 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Built-In Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-032-101-005

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: North
  • Price Per Square Foot: 64.59
  • Num Of Stories: 1.00
  • Total Sq Ft: 2787
  • Year Built: 1911
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances Equipment: Wall Oven, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 1
  • Basement Detail: Crawl, Partial
  • Living Area Sq Ft: 2787
  • Estimated Total Living Area: 2787
  • Estimated Sq Ft: 2787

Exterior Features

  • Exterior: Aluminum, Vinyl, Wood
  • Exterior Features: Enclosed Patio/Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 3

Utilities

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

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 69.70 x 446
  • Lot Description: Lake Erie Front, Lake Front, Waterfront
  • Lot Size Area Sq Ft: 30774.0000
  • Lot Size Frontage: 69
  • Lot Size Units: Sqft
  • Price Per Acre: 254777.07
  • Acres: 0.7070
  • Parcel Number: 03-00-032-101-005

Tax Info

  • Tax: 5090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2011
Sold by
Jones Mark and Jones Gary
Bought by
Jones Gary David and Jones Mark David
Current Estimated Value
$770,313

Purchase Details

Closed on
Jul 29, 1999
Sold by
Jones Frank and Jones Frank D
Bought by
Jones Frank and Declaration Trust Frank & Myrtle Jones

Purchase Details

Closed on
Apr 30, 1999
Sold by
Ertl Floramae G and Cuny Floramae
Bought by
Jones Frank D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.05%
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
Jones Gary David -- Attorney
Jones Frank -- Lorain County Title Co Inc
Jones Frank D $230,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jones Frank D $184,000
Closed Jones Frank D $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2012 09/12/12 Sold $180,000 -32.0% $65 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
08/29/2011 08/29/11 For Sale $264,900 -- $95 / 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 $14,792 $284,130 $144,655 $139,475
2023 $12,638 $213,420 $86,765 $126,655
2022 $12,517 $213,420 $86,765 $126,655
2021 $12,590 $213,420 $86,765 $126,655
2020 $12,085 $187,380 $76,180 $111,200
2019 $12,014 $187,380 $76,180 $111,200
2018 $11,025 $187,380 $76,180 $111,200
2017 $10,499 $145,110 $54,820 $90,290
2016 $10,599 $145,110 $54,820 $90,290
2015 $4,134 $57,330 $54,820 $2,510
2014 $3,499 $53,340 $51,000 $2,340
2013 $4,114 $63,000 $51,000 $12,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3257958

MLS Now

APN: 03-00-032-101-005