NOT LISTED FOR SALE

5553 E Lake Rd Sheffield Lake, OH 44054

Estimated Value: $383,000 - $599,000

3 Beds
2 Baths
2,187 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $345,000 $158 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,544/month

154 Days on Market

Highlights

  • Lake Front
  • Cape Cod Architecture
  • Enclosed Patio or Porch
  • 0.62 Acre Lot
  • 1 Fireplace
  • 3-minute walk to Century Park

About This Home

As of July 2016

Beautiful lakefront property in Sheffield Lake can be yours! Move right in! Great curb appeal with wood sided exterior with attached garage, and storage shed. Beautifully updated kitchen with leaded glass cabinets and granite countertops, bathrooms with granite and marble. Hardwood throughout. Sliding doors to brick patio -- The view is magnificent!

Last Agent to Sell the Property

Maureen Wlodarczyk

Keller Williams Living License #396084 Listed on: 01/05/2016

Keller Williams Living

Last Buyer's Agent

Sarah Schatz

Russell Real Estate Services License #2015004034

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,247

Year Built

  • Built in 1962

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 75x450
  • Lake Front

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 2,187 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Lake Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Sheffield Township Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-032-101-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,247

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Price Per Square Foot: 157.75
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2187
  • Year Built: 1962
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Basement Detail: Crawl
  • Living Area Sq Ft: 2187
  • Estimated Total Living Area: 2187
  • Estimated Sq Ft: 2187

Exterior Features

  • View: Lake Erie
  • Exterior: Wood
  • Exterior Features: Enclosed Patio/Porch, Storage Shed/Out Bld
  • 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: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Sheffield Township

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 75x450
  • Lot Description: Lake Front
  • Lot Size Units: Acres
  • Acres: 0.6200
  • Parcel Number: 03-00-032-101-013

Tax Info

  • Tax: 6247

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2018
Sold by
Gholamreza Shamsali Ltd
Bought by
Shamsali Gholamreza and Kugler Linda S
Current Estimated Value
$516,004

Purchase Details

Closed on
Jun 5, 2017
Sold by
Shamsali Gholamreza
Bought by
Gholamreza Shamsali Ltd

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jun 23, 2016
Sold by
Us Department Of Agriculture
Bought by
Shamsali Gholamreza
Seller's Agent
Maureen Wlodarczyk
Keller Williams Living
Buyer's Agent
Sarah Schatz
Russell Real Estate Services
List Price
$425,000
Sold Price
$345,000
Premium/Discount to List
-$80,000
-18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$276,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2013
Closed on
Jul 31, 2013
Sold by
Murray James F
Bought by
Satava Joseph and Satava Lin Marie
Seller's Agent
Mathew Chase
Deleted Agent
Buyer's Agent
Edward Golden
Keller Williams Greater Metropolitan
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.50%
Original Mortgage
$280,000
Interest Rate
4.29%
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
Shamsali Gholamreza -- None Available
Gholamreza Shamsali Ltd -- --
Shamsali Gholamreza -- --
Satava Joseph $175,000 Miller Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shamsali Gholamreza $276,000
Previous Owner Satava Joseph $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2016 07/11/16 Sold $345,000 -18.8% $158 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $425,000 +21.4% $194 / Sq Ft
08/23/2013 08/23/13 Sold $350,000 -2.8% $171 / Sq Ft View Prior Sale
07/05/2013 07/05/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $359,900 -- $176 / 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 $10,043 $202,724 $134,894 $67,830
2023 $7,951 $134,264 $81,585 $52,679
2022 $7,875 $134,264 $81,585 $52,679
2021 $7,921 $134,264 $81,585 $52,679
2020 $7,602 $117,880 $71,630 $46,250
2019 $7,558 $117,880 $71,630 $46,250
2018 $7,759 $117,880 $71,630 $46,250
2017 $7,931 $112,350 $67,560 $44,790
2016 $8,101 $112,350 $67,560 $44,790
2015 $8,101 $112,350 $67,560 $44,790
2014 $6,248 $104,500 $62,840 $41,660
2013 $6,047 $95,230 $62,840 $32,390
Source: Public Records

Agents Affiliated with this Home

  • Maureen Wlodarczyk

    Seller's Agent in 2016

    Maureen Wlodarczyk

    Keller Williams Living

    (216) 820-0202

    2 in this area

    268 Total Sales

    Maureen Wlodarczyk
    Section Image
  • Sarah Schatz

    Buyer's Agent in 2016

    Sarah Schatz

    Russell Real Estate Services

    (440) 458-0788

    35 Total Sales

    Sarah Schatz
    Section Image

  • M

    Seller's Agent in 2013

    Mathew Chase

    Deleted Agent

    Section Image
  • Edward Golden

    Buyer's Agent in 2013

    Edward Golden

    Keller Williams Greater Metropolitan

    (440) 821-7985

    15 in this area

    477 Total Sales

    Edward Golden
    Section Image
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Map

Source: MLS Now

MLS Number: 3772087

MLS Now

APN: 03-00-032-101-013

Ohio Lorain County Sheffield Lake 44054

5553 E Lake Rd, Sheffield Lake, OH

Not Listed for Sale

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