5481 Millwood Ln Unit B37 Willoughby, OH 44094
Downtown Willoughby NeighborhoodEstimated Value: $166,000 - $176,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                770
                Sq Ft
            
            
                
                    $222/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5481 Millwood Ln Unit B37, Willoughby, OH 44094 and is currently estimated at $171,288, approximately $222 per square foot. 5481 Millwood Ln Unit B37 is a home located in Lake County with nearby schools including Edison Elementary School, Willoughby Middle School, and South High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Dec 11, 2000
            
        
                Sold by
            
            
                Gallo Sheila
            
        
                Bought by
            
            
                Poklar James E
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $50,000
            
        
                Outstanding Balance
            
            
                $18,425
            
        
                Interest Rate
            
            
                7.7%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
                Estimated Equity
            
            
                $152,863
            
        Purchase Details
                Closed on
            
            
                Jun 19, 1996
            
        
                Sold by
            
            
                Ross Slava
            
        
                Bought by
            
            
                Gallo Claudio and Gallo Sheila
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $72,000
            
        
                Interest Rate
            
            
                7.25%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Poklar James E | $109,800 | Midland Title Security Inc | |
| Gallo Claudio | $90,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Poklar James E | $50,000 | |
| Previous Owner | Gallo Claudio | $72,000 | |
| Closed | Poklar James E | $43,300 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | -- | $44,210 | $13,860 | $30,350 | 
| 2023 | $3,485 | $36,810 | $11,740 | $25,070 | 
| 2022 | $2,280 | $36,810 | $11,740 | $25,070 | 
| 2021 | $2,288 | $36,810 | $11,740 | $25,070 | 
| 2020 | $2,109 | $30,180 | $9,630 | $20,550 | 
| 2019 | $1,958 | $30,180 | $9,630 | $20,550 | 
| 2018 | $1,927 | $25,850 | $6,620 | $19,230 | 
| 2017 | $1,760 | $25,850 | $6,620 | $19,230 | 
| 2016 | $1,754 | $25,850 | $6,620 | $19,230 | 
| 2015 | $1,681 | $25,850 | $6,620 | $19,230 | 
| 2014 | $1,596 | $25,850 | $6,620 | $19,230 | 
| 2013 | $1,597 | $25,850 | $6,620 | $19,230 | 
                Source: Public Records
                    
            
        Map
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