NOT LISTED FOR SALE

5487 E Mistic Bay Blvd Lakeside Marblehead, OH 43440

Estimated Value: $1,369,015 - $1,965,000

5 Beds
5 Baths
6,035 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $995,000 $165 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $9,689/month

130 Days on Market

Highlights

  • Home fronts a seawall
  • Bay View
  • Main Floor Bedroom
  • Deeded Boat Dock
  • 0.33 Acre Lot
  • 3 Car Direct Access Garage

About This Home

As of January 2021

DOCKAGE,AT YOUR DOOR (3-4 Boats including up to 60 Yacht) WATERFRONT WEST HARBOR, SUNSETS (SPECTACULAR views from all three floors,) 1,600# lift for your jet ski or toys, Outdoor Kitchen on the main floor patio with gas grills, steps from the wood fire pit and next to the dock patio.Professionally equipped THEATER ROOM, (Seats 12), Private Pub room (seats min 25) 3 GUEST SUITES (one on each level) ELEVATOR to all floors (including the Third floor Private Master Suite with a 450 sf Office area! Sellers just finished a complete renovation of the main floor kitchen/dining area, featuring white quartz counters and island, and opening up the space to the living room for the ultimate in entertaining! Reproduction cost on this home would be over $2M dollars IF you can find the right lot. Don't worry you can move in almost immediately and many of the furnishings can remain too! Am unimaginable opportunity, see for yourself!

Last Agent to Sell the Property

Tomi Johnson

Weichert, Realtors-Morgan Rlty License #289657 Listed on: 09/04/2020

Co-Listed By

Default zSystem

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,908

Year Built

  • Built in 1995

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 70 x 208
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stucco
  • Stone

Interior Spaces

  • 6,035 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Pane Windows
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Bay Views
  • Crawl Space
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on third floor

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible
  • Accessible Entrance

Outdoor Features

  • Deeded Boat Dock
  • Outdoor Storage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • West Harbor Landing Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0141133915182105

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,908

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • LaundryFeatures: Laundry Room
  • Lot Size Acres: 0.3343
  • View Type:Pond View: Bay
  • NAV29_Unit_1_Appliances: Trash Compactor, Dishwasher, Dryer, Disposal, Vented Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • SecurityFeatures: Security System
  • MLS Status: Sold
  • Subdivision Name: West Harbor Landing
  • Directions: SR 2 to SR 269N to Mistic Bay Blvd
  • Accessibility Features: 36" Door Width, 48" Hall Width, Handicap Access, Accessible Entrance
  • ResoBuildingAreaSource: Owner
  • Carport Y N: No
  • Fireplace Features: Gas
  • Interior Features: Ceiling Fan(s), Central Vacuum, Wet Bar, Entrance Foyer
  • Unit Levels: Three Or More
  • Living Area: 6035
  • Property Attached Yn: No
  • Roof: Asphalt
  • Window Features: Thermo Pane
  • Year Built: 1995
  • Tax Year: 2019
  • Master Plan Zoning: Residential
  • ResoBuildingAreaSource: Owner
  • Kitchen Level: Main
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Main Level Bathrooms: 2
  • ResoLivingAreaSource: Owner
  • Room Bedroom4 Area: 240
  • Dining Room Features: Combo
  • Room Bedroom4 Level: Main
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 272
  • Master Bedroom Master Bedroom Level: Third
  • Room Bedroom2 Area: 272
  • Room Bedroom3 Level: Lower Levels
  • Master Bedroom Master Bedroom Width: 17
  • Room Family Room Area: 630
  • Room Bedroom2 Level: Second
  • Room Family Room Level: Lower Levels
  • Room Living Room Area: 320
  • Room Kitchen Area: 400
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 289
  • Room Dining Room Area: 204

Exterior Features

  • View: Yes
  • Waterfront Features: Bay, Seawall, Dockage Owned
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding, Stone, Stucco, Vinyl Siding
  • Foundation Details: Crawl Space
  • Other Structures: Storage
  • Patio And Porch Features: Three Decks One On Each Floor

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Attached Garage: Yes
  • Open Parking: Yes
  • Parking Features: Access from Unit, Garage Door Opener, Heated, Paved
  • Total Parking Spaces: 3

Utilities

  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Cable Connected
  • Water Source: Public

Schools

  • Junior High Dist: Danbury

Lot Info

  • Lot Dimensions: 70 x 208
  • Lot Size Sq Ft: 14562.108
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 0141133915182105
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6908.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 12, 2021
Sold by
Plaizer Rudolph and Schneider Ruth E
Bought by
Rath Philip and Rath Linda
Seller's Agent
Tomi Johnson
Weichert, Realtors-Morgan Rlty
List Price
$11,500,000
Sold Price
$995,000
Premium/Discount to List
-$10,505,000
-91.35%
Current Estimated Value
$1,631,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,004
Avg. Annual Appreciation
10.96%
Original Mortgage
$796,000
Outstanding Balance
$710,433
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$920,571

Purchase Details

Closed on
Dec 19, 1994
Sold by
Buck Point Ltd Ptns
Bought by
Platzer Rudolph and Platzer Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8%
Mortgage Type
New Conventional
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
Rath Philip $995,000 Ohio Real Title
Platzer Rudolph $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rath Philip $796,000
Previous Owner Platzer Rudolph $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $995,000 -91.3% $165 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $11,500,000 -- $1,906 / Sq Ft
Source: Firelands Association of REALTORS®

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 $12,505 $366,895 $127,141 $239,754
2023 $12,505 $348,251 $153,255 $194,996
2022 $12,023 $348,251 $153,255 $194,996
2021 $10,421 $300,950 $105,950 $195,000
2020 $7,466 $204,050 $75,680 $128,370
2019 $6,908 $204,050 $75,680 $128,370
2018 $7,061 $204,050 $75,680 $128,370
2017 $6,107 $174,070 $54,050 $120,020
2016 $5,618 $174,070 $54,050 $120,020
2015 $5,641 $174,070 $54,050 $120,020
2014 $2,884 $174,070 $54,050 $120,020
2013 $5,354 $174,070 $54,050 $120,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20203850

APN: 014-1133915182105