NOT LISTED FOR SALE

5541 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $393,000 - $405,000

3 Beds
3 Baths
2,758 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $264,900 $96 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,663/month

213 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • 2 Car Detached Garage
  • Lake Privileges
  • 1 Fireplace
  • 2-minute walk to Century Park

About This Home

As of October 2020

This is the house you’ve been waiting for! This 3 bedroom, 3 full bath home is move in ready with a complete renovation over the last 4 years. New electrical, plumbing, HVAC system, and windows were done since 2015! Walking in the front door to you notice the neutral paint scheme and beautiful floors through out. The open layout makes a great flow between the dining room, living room, and gorgeous updated kitchen. The first floor also features two living rooms and an updated bath. Upstairs you’ll find incredible, high ceilings and 3 spacious bedrooms with great closet space. The master is beautiful with a walk out out balcony with views of Lake Erie. There are also two gorgeous bathrooms upstairs. The basement is partially finished for even more living space. The backyard is completely fenced with a large privacy fence. This home also shares access to Lake Erie with surrounding homes! Call with any questions or to set up a private tour.

Last Agent to Sell the Property

Edward Golden

Keller Williams Greater Metropolitan License #2012000406 Listed on: 02/02/2020

Keller Williams Greater Metropolitan

Last Buyer's Agent

Linda Ware Smith

RE/MAX Crossroads Properties License #231717

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,399

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot
  • South Facing Home
  • Privacy Fence
  • Vinyl Fence
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Water Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Patio
  • Porch

Utilities

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

Community Details

  • Sheffield Township Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-032-101-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,399

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: South
  • Price Per Square Foot: 126.99
  • Estimated Price per Sq Ft: 126.99
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2086
  • Year Built: 1950
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2086.00
  • Sq Ft Approx Below Grade Finished: 672.00
  • Sq Ft Approx Total Finished: 2758.00

Exterior Features

  • View: Water View
  • Exterior: Vinyl
  • Exterior Features: Patio, Porch
  • Fences: Privacy, Vinyl/Plastic
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Sheffield Township

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Description: Lake Privileges/Acce
  • Lot Size Units: Acres
  • Acres: 0.3200
  • Parcel Number: 03-00-032-101-011

Tax Info

  • Tax: 4399

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2020
Closed on
Oct 9, 2020
Sold by
Luke Andrea L and Luke Dennis F
Bought by
Alegant Jordan M and Alegant Brittney
Seller's Agent
Edward Golden
Keller Williams Greater Metropolitan
Buyer's Agent
Linda Ware Smith
RE/MAX Crossroads Properties
List Price
$264,900
Sold Price
$264,900
Current Estimated Value
$398,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,008
Avg. Annual Appreciation
8.27%
Original Mortgage
$200,000
Outstanding Balance
$177,889
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$221,019

Purchase Details

Closed on
Feb 12, 2016
Sold by
Vanbalen Amy S
Bought by
Luke Andrea L and Luke Dennis F

Purchase Details

Listed on
May 1, 2012
Closed on
Aug 13, 2013
Sold by
Towne Joseph
Bought by
Vanbalen Amy S
Seller's Agent
Jeanne Tishma
Howard Hanna
Buyer's Agent
Kimberly Crane
Howard Hanna
List Price
$99,000
Sold Price
$67,700
Premium/Discount to List
-$31,300
-31.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%
Original Mortgage
$54,160
Interest Rate
4.56%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alegant Jordan M $264,900 Ohio Real Title
Luke Andrea L $175,500 --
Vanbalen Amy S $67,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alegant Jordan M $200,000
Previous Owner Vanbalen Amy S $54,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2020 10/13/20 Sold $264,900 0.0% $96 / Sq Ft
09/02/2020 09/02/20 Off Market $264,900 -- --
09/02/2020 09/02/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $264,900 0.0% $96 / Sq Ft
07/31/2020 07/31/20 Off Market $264,900 -- --
07/22/2020 07/22/20 For Sale $264,900 0.0% $96 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $264,900 -3.6% $96 / Sq Ft
04/20/2020 04/20/20 Price Changed $274,900 -3.5% $100 / Sq Ft
02/02/2020 02/02/20 For Sale $284,900 +320.8% $103 / Sq Ft
09/26/2013 09/26/13 Sold $67,700 -31.6% $56 / Sq Ft View Prior Sale
09/26/2013 09/26/13 Pending -- -- --
05/01/2012 05/01/12 For Sale $99,000 -- $82 / 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 $6,851 $131,586 $36,435 $95,151
2023 $4,588 $76,444 $22,701 $53,743
2022 $4,545 $76,444 $22,701 $53,743
2021 $4,572 $76,444 $22,701 $53,743
2020 $4,407 $67,410 $20,020 $47,390
2019 $4,382 $67,410 $20,020 $47,390
2018 $4,396 $67,410 $20,020 $47,390
2017 $4,393 $62,240 $20,580 $41,660
2016 $4,546 $62,240 $20,580 $41,660
2015 $4,427 $61,400 $20,580 $40,820
2014 $1,906 $57,120 $19,140 $37,980
2013 $1,825 $29,050 $19,140 $9,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4158947

MLS Now

APN: 03-00-032-101-011