NOT LISTED FOR SALE

5501 Ledge Rd Madison, OH 44057

Estimated Value: $189,000 - $324,000

4 Beds
1.5 Baths
2,234 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $160,000 $72 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,720/month

55 Days on Market

Highlights

  • 0.81 Acre Lot
  • Corner Lot
  • Community Playground
  • Colonial Architecture
  • 4 Car Detached Garage
  • Park

About This Home

As of February 2018

Don't miss out on this one of a kind updated home on a country/park like setting. Many updates include New hot water tank, new well pump, new Hague Hydroclean HC3 water system, newer windows and much more. The open floor plan boasts a spacious eat in kitchen in addition to a full size dining room. The first floor master is large and has a walk-in closet attached to a full bath with a Jacuzzi tub and plenty of storage. Huge 30x36 two story Pole Barn/Garage built in 2003 is all set up with electricity and electric garage door openers. A slice of country living right in the heart of South Madison, priced under Appraised value, won't last long!!

Last Agent to Sell the Property

Rachel Ketring

Keller Williams Greater Cleveland Northeast License #2005014045 Listed on: 10/26/2017

Keller Williams Greater Cleveland Northeast

Last Buyer's Agent

Steve Forsythe

Platinum Real Estate License #268874

Platinum Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1910

Lot Details

  • 0.81 Acre Lot
  • West Facing Home
  • Corner Lot

Home Design

  • Colonial Architecture
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,234 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Garage Drain
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Well
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01-A-049-A-00-008-0

Community Details

Overview

  • Spaulding Community

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,652

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Colonial
  • House Faces: West
  • Price Per Square Foot: 71.62
  • Estimated Price per Sq Ft: 71.62
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2234
  • Year Built: 1910
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Wall Oven, Range, Refrigerator, Washer, Water Softener
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 2234.00
  • Sq Ft Approx Total Finished: 2234.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Exterior Features: Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Drain, Electric
  • Garage Num Of Cars: 4

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas, Oil
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Association/Amenities

  • Amenities: Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Spaulding

Schools

  • School District: Madison LSD
  • School District: Madison LSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.8100
  • Parcel Number: 01-A-049-A-00-008-0

Tax Info

  • Tax: 1652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Feb 7, 2018
Sold by
Taylor Barbra M and Taylor Steven D
Bought by
Metz Jason M
Seller's Agent
Rachel Ketring
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Steve Forsythe
Platinum Real Estate
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%
Current Estimated Value
$247,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,551
Avg. Annual Appreciation
6.75%
Original Mortgage
$157,102
Outstanding Balance
$139,025
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$122,683

Purchase Details

Closed on
Oct 18, 2017
Sold by
Taylor Barbara M and Bowman Albert J
Bought by
Taylor Barbara M

Purchase Details

Closed on
Jul 10, 1987
Bought by
Bowman Albert J
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
Metz Jason M $160,000 Enterprise Title Agency Inc
Taylor Barbara M -- Stewart Title
Bowman Albert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metz Jason M $157,102
Previous Owner Bowman Albert J $120,000
Previous Owner Bowman Albert J $42,165
Previous Owner Bowman Albert J $84,000
Previous Owner Bowman Albert J $118,495
Previous Owner Bowman Albert J $56,595
Previous Owner Bowman Albert J $59,395
Previous Owner Bowman Albert J $61,200
Previous Owner Bowman Albert J $31,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Sold $160,000 -8.5% $72 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/13/2017 12/13/17 Price Changed $174,900 -2.3% $78 / Sq Ft
10/26/2017 10/26/17 For Sale $179,000 -- $80 / 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
2023 $4,876 $43,870 $9,650 $34,220
2022 $2,701 $43,870 $9,650 $34,220
2021 $2,834 $43,870 $9,650 $34,220
2020 $3,893 $56,000 $8,320 $47,680
2019 $3,896 $56,000 $8,320 $47,680
2018 $2,213 $35,280 $9,890 $25,390
2017 $1,864 $35,280 $9,890 $25,390
2016 $1,694 $35,280 $9,890 $25,390
2015 $1,594 $35,280 $9,890 $25,390
2014 $1,631 $35,280 $9,890 $25,390
2013 $1,634 $35,280 $9,890 $25,390
Source: Public Records

Agents Affiliated with this Home

  • Rachel Ketring

    Seller's Agent in 2018

    Rachel Ketring

    Keller Williams Greater Cleveland Northeast

    (440) 339-5013

    15 in this area

    97 Total Sales

    Section Image
  • Steve Forsythe

    Buyer's Agent in 2018

    Steve Forsythe

    Platinum Real Estate

    (440) 341-1830

    9 in this area

    351 Total Sales

    Section Image
  • Michelle Underwood

    Buyer Co-Listing Agent in 2018

    Michelle Underwood

    Platinum Real Estate

    (440) 413-1818

    9 in this area

    298 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 3952345

MLS Now

APN: 01-A-049-A-00-008

Ohio Lake County Madison 44057

5501 Ledge Rd, Madison, OH

This home is located at 5501 Ledge Rd, Madison, OH 44057 since 26 October 2017 and is currently estimated at $242,349, approximately $108 per square foot. This property was built in 1910. 5501 Ledge Rd is a home located in Lake County with nearby schools including South Elementary School, Madison Middle School, and Madison High School.

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.

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