NOT LISTED FOR SALE

551 Masters Ln Unit 11 Avon Lake, OH 44012

Estimated Value: $751,000 - $759,716

3 Beds
3.5 Baths
3,548 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $465,000 $131 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,063/month

48 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Colonial Architecture
  • Erieview Elementary School Rated A
  • View of Trees or Woods
  • Deck

About This Home

As of December 2016

Legacy Beauty: Quality built custom three bedroom colonial cluster home! Starting the moment you enter this elegant home you can see the attention to details it has to offer and just waiting for you to add your special touches and make it your own! This home boasts many features beginning with a generous open floor plan that is excellent for entertaining! Great room has wall of windows to view the treed lot and lush landscaping, full wall of custom built cabinets flanking the gas fireplace with raised hearth. Interior amenities include, hardwood floors, granite counter tops, kitchen with island, butler pantry, kitchen cabinets with crown molding, large kitchen dinette leading to the screened porch and outdoor spaces. First floor master suite with glamour bath, soaking tub, glass enclosed shower, double sink vanities, large walk-in closet, tile floor. Completing the first floor is the large dining room, den with glass doors, guest powder room and utility room, entrance to the full huge basement which is a clean canvas for creative additional living space. Beautiful wood winding staircase leads to the second floor loft area overlooking the two story foyer, two spacious bedrooms each with their own full bath and a flex room to use for additional living space ideas are endless. Take this opportunity to live carefree in this fantastic community, enjoying the outdoor community amenities it offers! Pool, tennis, workout room plus Legacy Restaurant! Fabulous!

Last Agent to Sell the Property

Bev Montgomery

Howard Hanna License #322116 Listed on: 09/06/2016

Howard Hanna

Last Buyer's Agent

Bev Montgomery

Howard Hanna License #322116 Listed on: 09/06/2016

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,411

Year Built

  • Built in 2002

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • West Facing Home
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,548 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Views of Woods

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04-00-020-701-003

Community Details

Overview

  • $230 Annual Maintenance Fee
  • Maintenance fee includes Landscaping, Property Management, Reserve Fund, Snow Removal, Trash Removal
  • Association fees include recreation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,411

Year Built

Built in 2002

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 131.06
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3548
  • Year Built: 2002
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2002

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Security System, Smoke Detector, Sump Pump, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 3548
  • Estimated Total Living Area: 3548
  • Estimated Sq Ft: 3548

Exterior Features

  • View: Wooded
  • Exterior: Brick, Vinyl
  • Exterior Features: Deck, Porch, Sprinkler/Irrigation
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Drain
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Golf Available, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Legacy Pointe-Chateaux
  • Maint Fee Amount: 230.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Landscaping, Property Management, Reserve Fund, Snow Removal, Trash Removal
  • Maint Provider: VIP

Fee Information

  • HOA Fee Includes: Recreation

Schools

  • School District: Avon Lake CSD
  • School District: Avon Lake CSD

Lot Info

  • Lot Description: Cul de Sac, Dead End Street, Wooded/Treed
  • Lot Size Units: Acres
  • Parcel Number: 04-00-020-701-003

Tax Info

  • Tax: 10411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Roof Douglas P and The Douglas P Roof Sr Trust
Bought by
Roof Douglas P and Roof Terry S
Current Estimated Value
$755,239

Purchase Details

Listed on
Sep 6, 2016
Closed on
Dec 8, 2016
Sold by
Gannon Mary Jane
Bought by
Roof Douglas P and Roof Trust
Seller's Agent
Bev Montgomery
Howard Hanna
Buyer's Agent
Bev Montgomery
Howard Hanna
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$372,000
Outstanding Balance
$304,761
Interest Rate
3.57%
Mortgage Type
Commercial
Estimated Equity
$402,275

Purchase Details

Closed on
Mar 14, 2013
Sold by
Gannon John J and Gannon Mary Jane
Bought by
Gannon Mary Jane

Purchase Details

Closed on
Jul 16, 2002
Sold by
Legacy Pointe Ltd
Bought by
Gannon John J and Gannon Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.25%
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
Roof Douglas P -- None Available
Roof Douglas P $465,000 --
Gannon Mary Jane -- None Available
Gannon John J $457,200 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roof Douglas P $372,000
Previous Owner Gannon John J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $465,000 -7.0% $131 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $499,900 -- $141 / 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 $10,253 $226,482 $50,400 $176,082
2023 $9,398 $185,864 $44,800 $141,064
2022 $9,323 $185,864 $44,800 $141,064
2021 $9,302 $185,864 $44,800 $141,064
2020 $9,466 $166,990 $40,250 $126,740
2019 $9,416 $166,990 $40,250 $126,740
2018 $9,788 $166,990 $40,250 $126,740
2017 $10,130 $164,830 $33,610 $131,220
2016 $10,362 $164,830 $33,610 $131,220
2015 $10,411 $164,830 $33,610 $131,220
2014 $10,240 $154,480 $31,500 $122,980
2013 $10,326 $154,480 $31,500 $122,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3842999

MLS Now

APN: 04-00-020-701-003