NOT LISTED FOR SALE

550 W Shore Blvd Sheffield Lake, OH 44054

Estimated Value: $117,000 - $159,000

3 Beds
1 Bath
1,012 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $150,000 $148 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $945/month

15 Days on Market

Highlights

  • City View
  • Granite Countertops
  • Beamed Ceilings
  • High Ceiling
  • No HOA
  • 3-minute walk to West Shore Park

About This Home

As of June 2024

This home is located at 550 W Shore Blvd, Sheffield Lake, OH 44054 since 25 April 2024 and is currently estimated at $146,665, approximately $144 per square foot. This property was built in 1922. 550 W Shore Blvd is a home located in Lorain County with nearby schools including Knollwood Elementary School, Brookside Intermediate School, and Brookside Middle School.

Last Agent to Sell the Property

Jonathan Wright

Civitas Real Estate Group Brokerage Email: listwithjonathan@gmail.com 440-739-0533 License #2024005087 Listed on: 04/25/2024

Civitas Real Estate Group

Last Buyer's Agent

Terry Murray

Russell Real Estate Services License #440260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Privacy Fence

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,012 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • City Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Front Porch

Utilities

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

Community Details

  • No Home Owners Association
  • West Shore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-038-108-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 1922 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1922
  • Attribution Contact: listwithjonathan@gmail.com 440-739-0533
  • Reso View: City
  • Subdivision Name: West Shore
  • Above Grade Finished Sq Ft: 1012.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Reso Interior Features: Beamed Ceilings, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Recessed Lighting
  • Unit Levels: One
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Shingle
  • Fencing: Full, Privacy
  • Acres: 0.09
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Unpaved

Utilities

  • LaundryFeatures: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sheffield-Sheffield - 4713

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-038-108-022
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 6, 2024
Sold by
Allen Marcus O
Bought by
Wilkinson Joseph G
Seller's Agent
Jonathan Wright
Civitas Real Estate Group
Buyer's Agent
Terry Murray
Russell Real Estate Services
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%
Views
75
Current Estimated Value
$146,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,335
Avg. Annual Appreciation
-0.59%
Original Mortgage
$7,500
Outstanding Balance
$7,339
Interest Rate
1.7%
Estimated Equity
$141,583

Purchase Details

Closed on
Oct 14, 2021
Sold by
Martin Melody J
Bought by
Allen Marcus O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Martin James E
Bought by
Martin James E and Martin Melody J

Purchase Details

Closed on
Dec 20, 2005
Sold by
Hud
Bought by
Martin James E

Purchase Details

Closed on
Aug 23, 2005
Sold by
Biltz Charles J and Biltz Karen
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilkinson Joseph G $150,000 Miller Home Title
Wilkinson Joseph G $150,000 Miller Home Title
Allen Marcus O $66,300 Miller Home Title
Martin James E -- Attorney
Martin James E $39,900 Lakeside Title & Escrow Agen
Hud $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Joseph G $7,500
Closed Wilkinson Joseph G $7,500
Open Wilkinson Joseph G $147,283
Closed Wilkinson Joseph G $147,283
Previous Owner Allen Marcus O $49,900
Previous Owner Allen Marcus O $49,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $150,000 +3.4% $148 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $145,000 -- $143 / 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 $1,747 $32,743 $5,096 $27,647
2023 $1,476 $24,318 $5,978 $18,340
2022 $1,462 $24,318 $5,978 $18,340
2021 $1,470 $24,318 $5,978 $18,340
2020 $1,370 $20,740 $5,100 $15,640
2019 $1,362 $20,740 $5,100 $15,640
2018 $1,258 $20,200 $5,100 $15,100
2017 $1,184 $16,360 $2,530 $13,830
2016 $1,195 $16,360 $2,530 $13,830
2015 $1,180 $16,360 $2,530 $13,830
2014 $1,042 $15,880 $2,450 $13,430
2013 $1,037 $15,880 $2,450 $13,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5023597

MLS Now

APN: 03-00-038-108-022