NOT LISTED FOR SALE

5550 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $226,000 - $253,875

3 Beds
1.5 Baths
1,736 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $182,500 $105 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,613/month

2 Days on Market

Highlights

  • 0.38 Acre Lot
  • Corner Lot
  • Forced Air Heating and Cooling System
  • 2 Fireplaces
  • 2 Car Attached Garage
  • 2-minute walk to Century Park

About This Home

As of April 2021

Sought after ranch style home, just 3/10 of a mile from Miller Road Park in Avon Lake! Easy access to Lake Erie sunsets, fishing pier and boat launching ramp. This brick home features 3 bedrooms and 1 full bath on the main level. Ample cabinetry and newly installed laminate flooring in the kitchen. Hardwood floors in the living room and the bedrooms. In the basement, there is a finished rec room with a bar and half bath. All appliances stay, including the washer and dryer. Huge yard too, fully fenced. Storage areas in the basement as well as the attic access in the garage. Convenient driveway with dual access points. Be sure to check out the 3D tour too!

Last Agent to Sell the Property

Lisa Scheer

Howard Hanna License #422048 Listed on: 03/15/2021

Howard Hanna

Last Buyer's Agent

Ada Taylor

Northeast Ohio Real Estate Services LLC License #227116

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,878

Year Built

  • Built in 1960

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 75x220
  • North Facing Home
  • Property is Fully Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Helen Tarnovsky Sub Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-032-103-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,878

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: North
  • Price Per Square Foot: 160.65
  • Estimated Price per Sq Ft: 160.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1136
  • Year Built: 1960
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 7
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1136.00
  • Sq Ft Approx Below Grade Finished: 600.00
  • Sq Ft Approx Total Finished: 1736.00

Exterior Features

  • Exterior: Brick
  • Fences: Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • 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: Helen Tarnovsky Sub

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 75x220
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.3800
  • Parcel Number: 03-00-032-103-001

Tax Info

  • Tax: 2878

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 21, 2021
Sold by
Sours Jennifer C and Sours Douglas Keith
Bought by
Scoffil Anthony J
Seller's Agent
Lisa Scheer
Howard Hanna
Buyer's Agent
Ada Taylor
Northeast Ohio Real Estate Services LLC
List Price
$169,900
Sold Price
$182,500
Premium/Discount to List
$12,600
7.42%
Current Estimated Value
$243,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,469
Avg. Annual Appreciation
6.50%
Original Mortgage
$144,000
Outstanding Balance
$130,119
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$113,850

Purchase Details

Closed on
Nov 15, 2018
Sold by
Cecil Randy L and Cecil Glenda J
Bought by
Sours Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,572
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2005
Sold by
Franz Diana F
Bought by
Cecil Randy L and Cecil Glenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,146
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2004
Sold by
Cecil Diane E
Bought by
Cecil Craig S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,650
Interest Rate
7.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2001
Sold by
Rini William P and Rini Glenda I
Bought by
Cecil Craig S and Cecil Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scoffil Anthony J $182,500 Barristers Of Ohio Llc
Sours Jennifer C $134,000 Chicago Title
Sours Jennifer C $142,400 Chicago Title
Cecil Randy L -- Hometown Usa Title Agency Lt
Cecil Craig S -- Cleveland Home Title Agency
Cecil Craig S $103,000 Resource Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scoffil Anthony J $144,000
Previous Owner Sours Jennifer C $131,572
Previous Owner Cecil Randy L $118,146
Previous Owner Cecil Craig S $109,650
Previous Owner Cecil Craig S $97,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $182,500 +7.4% $105 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $169,900 -- $98 / 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 $3,950 $74,060 $14,070 $59,990
2023 $3,396 $55,962 $19,705 $36,257
2022 $3,364 $55,962 $19,705 $36,257
2021 $3,302 $55,962 $19,705 $36,257
2020 $2,878 $44,630 $15,720 $28,910
2019 $2,861 $44,630 $15,720 $28,910
2018 $2,699 $44,630 $15,720 $28,910
2017 $2,526 $35,780 $13,520 $22,260
2016 $2,549 $35,780 $13,520 $22,260
2015 $2,516 $35,780 $13,520 $22,260
2014 $2,453 $38,730 $14,640 $24,090
2013 $2,442 $38,450 $14,640 $23,810
Source: Public Records

Agents Affiliated with this Home

  • Lisa Scheer

    Seller's Agent in 2021

    Lisa Scheer

    Howard Hanna

    (440) 670-6024

    3 in this area

    113 Total Sales

    Lisa Scheer
    Section Image
  • Ada Taylor

    Buyer's Agent in 2021

    Ada Taylor

    Northeast Ohio Real Estate Services LLC

    (440) 258-8717

    4 in this area

    35 Total Sales

    Ada Taylor
    Section Image

  • B

    Buyer Co-Listing Agent in 2021

    Bev Newsome

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4261572

MLS Now

APN: 03-00-032-103-001

Ohio Lorain County Sheffield Lake 44054

5550 E Lake Rd, Sheffield Lake, OH

Not Listed for Sale

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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes