NOT LISTED FOR SALE

5570 Ericson Ln Willoughby, OH 44094

Downtown Willoughby Neighborhood

Estimated Value: $341,000 - $517,000

4 Beds
3 Baths
3,262 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $274,000 $84 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,472/month

12 Days on Market

Highlights

  • Health Club
  • Medical Services
  • 1 Fireplace
  • Golf Course Community
  • View of Trees or Woods
  • Community Pool

About This Home

As of July 2015

This beautiful brick and vinyl ranch is like new. Located in one of the most highly desired South Willoughby neighborhoods this home boasts a newly installed 35 year roof, vinyl siding, gutters, it has Pella windows, newly installed doors with a fenced yard that includes a paver patio, newly installed landscape and a large shed. Inside newly installed HVAC, includes whole house a/c, fabulous gourmet kitchen with brand new stainless steel appliances and a cozy fireplace! Granite counter tops with glass tile back splashes, newly installed 3 full baths including master bath shower with 2 closets, upgraded frieze carpet, newly installed doors and trim, no expense was spared! Over 3200 sq ft of finished perfection!

Last Agent to Sell the Property

Denise Zervos

Platinum Real Estate License #434229 Listed on: 06/16/2015

Platinum Real Estate

Last Buyer's Agent

Denise Zervos

Platinum Real Estate License #434229 Listed on: 06/16/2015

Platinum Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,154

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,262 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Views of Woods
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 27-A-002-A-00-008-0

Community Details

Overview

  • Knudson Estates Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,154

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 84.00
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 3262
  • Year Built: 1964
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Freezer, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Smoke Detector
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Room Count: 12
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 3262
  • Estimated Total Living Area: 3262
  • Estimated Sq Ft: 3262

Exterior Features

  • View: Wooded
  • Exterior: Brick, Vinyl
  • Exterior Features: Patio, Storage Shed/Out Bld
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Water Available
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Golf Available, Health Club, Medical Service, Park, Playground, Pool, Shopping/Mall, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Knudson Estates

Schools

  • School District: Willoughby-Eastlake
  • School District: Willoughby-Eastlake

Lot Info

  • Lot Description: Cul de Sac
  • Lot Size Units: Acres
  • Acres: 0.3400
  • Parcel Number: 27-A-002-A-00-008-0

Tax Info

  • Tax: 4154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Jul 30, 2015
Sold by
Real Estate Holdings Llc and Prete Rio
Bought by
Gialamas Richard and Gialamas Tirina
Seller's Agent
Denise Zervos
Platinum Real Estate
Buyer's Agent
Denise Zervos
Platinum Real Estate
List Price
$279,900
Sold Price
$274,000
Premium/Discount to List
-$5,900
-2.11%
Current Estimated Value
$476,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,080
Avg. Annual Appreciation
5.17%
Original Mortgage
$232,900
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2014
Closed on
Oct 2, 2014
Sold by
Prete Ric and Prete Mindy
Bought by
Real Estate Holdings Llc
Seller's Agent
Christopher Stevens
I Heart Real Estate, LLC.
Buyer's Agent
Mark Zervos
Deleted Agent
List Price
$118,000
Sold Price
$141,000
Premium/Discount to List
$23,000
19.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.50%
Original Mortgage
$300,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 8, 2014
Closed on
Sep 16, 2014
Sold by
Deutsche Bank National Trust Co
Bought by
Prete Ric
Seller's Agent
Christopher Stevens
I Heart Real Estate, LLC.
Buyer's Agent
Mark Zervos
Deleted Agent
List Price
$118,000
Sold Price
$141,000
Premium/Discount to List
$23,000
19.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 8, 2014
Closed on
Aug 25, 2014
Sold by
Martinson Ann Marie
Bought by
Deutsche Bank National Trust Co
Seller's Agent
Christopher Stevens
I Heart Real Estate, LLC.
Buyer's Agent
Mark Zervos
Deleted Agent
List Price
$118,000
Sold Price
$141,000
Premium/Discount to List
$23,000
19.49%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Martinson Timothy E
Bought by
Martinson Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 1983
Bought by
Martinson Timothy E
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
Gialamas Richard $274,000 Ohio Real Title
Real Estate Holdings Llc -- Ohio Real Title
Prete Ric $147,644 None Available
Deutsche Bank National Trust Co $152,000 None Available
Martinson Ann Marie -- --
Martinson Timothy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gialamas Richard $216,700
Closed Gialamas Richard $232,900
Previous Owner Real Estate Holdings Llc $300,000
Previous Owner Martinson Ann Marie $206,250
Previous Owner Martinson Timothy E $36,000
Previous Owner Martinson Timothy E $165,000
Previous Owner Martinson Timothy E $64,400
Previous Owner Martinson Timothy E $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $274,000 -2.1% $84 / Sq Ft
06/28/2015 06/28/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $279,900 +98.5% $86 / Sq Ft
09/24/2014 09/24/14 Sold $141,000 +19.5% $69 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $118,000 -- $58 / 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 $10,383 $109,660 $31,180 $78,480
2022 $6,709 $109,660 $31,180 $78,480
2021 $6,734 $109,660 $31,180 $78,480
2020 $6,197 $89,890 $25,560 $64,330
2019 $5,748 $89,890 $25,560 $64,330
2018 $5,649 $69,430 $25,560 $43,870
2017 $4,656 $69,430 $25,560 $43,870
2016 $4,639 $69,430 $25,560 $43,870
2015 $4,636 $69,430 $25,560 $43,870
2014 $4,155 $65,440 $25,560 $39,880
2013 $4,157 $65,440 $25,560 $39,880
Source: Public Records

Agents Affiliated with this Home

  • Denise Zervos

    Seller's Agent in 2015

    Denise Zervos

    Platinum Real Estate

    (440) 463-8814

    14 in this area

    251 Total Sales

    Section Image

  • S

    Buyer Co-Listing Agent in 2015

    Sara Breese

    Deleted Agent

    Section Image
  • Christopher Stevens

    Seller's Agent in 2014

    Christopher Stevens

    I Heart Real Estate, LLC.

    (800) 259-7670

    61 Total Sales

    Section Image

  • M

    Buyer's Agent in 2014

    Mark Zervos

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 3713688

MLS Now

APN: 27-A-002-A-00-008

Ohio Lake County Willoughby 44094 Downtown Willoughby

5570 Ericson Ln, Willoughby, OH

This home is located at 5570 Ericson Ln, Willoughby, OH 44094 since 16 June 2015 and is currently estimated at $454,574, approximately $139 per square foot. This property was built in 1964. 5570 Ericson Ln is a home located in Lake County with nearby schools including Edison Elementary School, Willoughby Middle School, and South High School.

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.

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