NOT LISTED FOR SALE

5525 Ledge Rd Madison, OH 44057

Estimated Value: $361,000 - $432,315

4 Beds
3.5 Baths
3,648 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $280,000 $77 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,157/month

62 Days on Market

Highlights

  • 5.17 Acre Lot
  • 3 Car Garage
  • Patio
  • Deck
  • Porch
  • Home Security System

About This Home

As of April 2021

Unique hillside Ranch overlooking a grape vineyard, woods and sits approx 700' off the road. This 4/5 bedroom home, 3 1/2 baths sits on over 5 acres. Spacious eat in Kitchen with bay window eating area along with access to both the living room and family room with sliders to a large 48' deck. Hickory Wood floors in Living Room, Bedrooms and Family Room. Ceramic Tile in Kitchen, Laundry Room and Bathrooms. Master bedroom is oversized and has a jetted tub and standup shower. Lower level has a large walk-in foyer area with built in benches, access to upstairs and the attached garage, L-shaped Recreation Room with a built in Dry Bar, and the teen/in-law living suite consisting of a Bedroom/Living room area, Kitchenette and full bathroom. The attached 2 car garage is oversized, heated and plenty of storage and workshop areas. The detached garage/cold storage area is 27x19 and was once used as a wine making room. Newer dock, Pond is owned by neighbor. New well pump 2020, Septic has passed the Lake County Health Dept in October of 2020. Elaborate electric boiler system with a wood burner as a second heat source or back up if the power goes out. 2 A/C units. Water treatment system, security systems and all Handicap accessories will stay including outside ramp, chair lift from lower level to main level along with grab bars in master bath and some doorways. Plentiful Blueberry bushes, 1 Apple and 2 Peach trees for your eating/preserving pleasure. 1 year home warranty included.

Last Agent to Sell the Property

Ann Blair

RE/MAX Rising License #2018002947 Listed on: 12/04/2020

RE/MAX Rising

Last Buyer's Agent

Frank Slemc

CENTURY 21 Asa Cox Homes License #2014003196

CENTURY 21 Asa Cox Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,312

Year Built

  • Built in 1996

Lot Details

  • 5.17 Acre Lot
  • Lot Dimensions are 251 x 909
  • West Facing Home
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Wood Insert Heater
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Wood
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • Madison Township 11 Community

Listing and Financial Details

  • Assessor Parcel Number 01-A-049-0-00-043-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,312

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 114.38
  • Estimated Price per Sq Ft: 114.38
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2448
  • Year Built: 1996
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Wall Oven, Refrigerator, Security System, Smoke Detector, Washer, Water Softener
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Room Count: 17
  • Basement Detail: Finished, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2448.00
  • Sq Ft Approx Below Grade Finished: 1200.00
  • Sq Ft Approx Total Finished: 3648.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Patio, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Detached, Door Opener, Electric, Heated, Water Available
  • Garage Num Of Cars: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Electric, Wood
  • Heating Type: Baseboard, Heat Pump, Hot Water/Steam, Wood/Pellet Heat Sys
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Madison Township 11

Schools

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

Lot Info

  • Lot Dimensions: 251 x 909
  • Lot Size Units: Acres
  • Acres: 5.1700
  • Parcel Number: 01-A-049-0-00-043-0

Tax Info

  • Tax: 6312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Apr 14, 2021
Sold by
Hall Toni A and Hall Brad C
Bought by
Campbell David A and Campbell Tishia M
Seller's Agent
Ann Blair
RE/MAX Rising
Buyer's Agent
Frank Slemc
CENTURY 21 Asa Cox Homes
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
$410,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,735
Avg. Annual Appreciation
8.43%
Original Mortgage
$286,440
Outstanding Balance
$261,405
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$136,392

Purchase Details

Listed on
Sep 18, 2018
Closed on
Dec 1, 2018
Sold by
Povozhaev Dimitri and Povozhaev Lea
Bought by
Hall Toni A and Hall Brad C
Seller's Agent
Michael Ferrante
Century 21 Homestar
Buyer's Agent
Michael Ferrante
Century 21 Homestar
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$245,000
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Listed on
Oct 19, 2017
Closed on
Nov 14, 2017
Sold by
Medvec Daniel A and Medvec Patricia
Bought by
Povazhaev Dimitri and Povozhaev Lea
Seller's Agent
Donald Welsh
Deleted Agent
Buyer's Agent
Michael Ferrante
Century 21 Homestar
List Price
$249,900
Sold Price
$247,800
Premium/Discount to List
-$2,100
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.01%
Original Mortgage
$235,410
Interest Rate
3.85%
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
Campbell David A $280,000 None Available
Hall Toni A $245,000 None Available
Povazhaev Dimitri $247,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell David A $286,440
Previous Owner Hall Toni A $245,000
Previous Owner Povazhaev Dimitri $235,410
Previous Owner Medvec Daniel A $69,000
Previous Owner Medvec Daniel A $264,000
Previous Owner Medvec Daniel A $76,000
Previous Owner Medvec Daniel A $13,251
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $280,000 0.0% $77 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $280,000 -1.8% $77 / Sq Ft
12/04/2020 12/04/20 For Sale $285,000 +16.3% $78 / Sq Ft
12/28/2018 12/28/18 Sold $245,000 -2.0% $69 / Sq Ft
12/04/2018 12/04/18 Pending -- -- --
11/09/2018 11/09/18 Price Changed $250,000 -2.0% $71 / Sq Ft
10/01/2018 10/01/18 Price Changed $255,000 -3.8% $72 / Sq Ft
09/18/2018 09/18/18 For Sale $265,000 +6.9% $75 / Sq Ft
11/14/2017 11/14/17 Sold $247,800 -0.8% $70 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $249,900 -- $71 / 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 $11,724 $105,480 $19,810 $85,670
2022 $6,447 $105,480 $19,810 $85,670
2021 $5,396 $105,480 $19,810 $85,670
2020 $5,105 $90,940 $17,080 $73,860
2019 $6,312 $90,940 $17,080 $73,860
2018 $6,102 $73,440 $18,740 $54,700
2017 $5,082 $73,440 $18,740 $54,700
2016 $4,610 $73,440 $18,740 $54,700
2015 $4,409 $73,440 $18,740 $54,700
2014 $4,509 $73,440 $18,740 $54,700
2013 $4,519 $73,440 $18,740 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4243532

MLS Now

APN: 01-A-049-0-00-043