NOT LISTED FOR SALE

620 Abbe Rd Sheffield Village, OH 44054

Estimated Value: $229,000 - $294,000

41.37 Acres
$6,501 Price per Acre
1,802,077 Sq Ft Lot

Last Sold May 17, 2013

Last sale price $400,000

Est. 33% decrease in value since last sale

Current estimated payment $1,754/month

12 Days on Market

About This Lot

As of May 2013

Commercial zoning. City Of Sheffield Village will rezone for residential housing. Great opportunity to put in a new development. Eligible for tax abatement. 935 ft frontage. Minutes from Lake Erie and only 3 miles to I-90.Property includes additional parcel with brick ranch and two out buildings. Lot size and taxes reflect totals of both parcels combined. Possible seller financing with the right terms. Owner wants offers.

Last Agent to Sell the Property

Kathleen Chisar

RE/MAX Real Estate Group License #343227 Listed on: 04/19/2013

RE/MAX Real Estate Group

Last Buyer's Agent

Kathleen Chisar

RE/MAX Real Estate Group License #343227 Listed on: 04/19/2013

RE/MAX Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,825

Lot Details

  • 41.37 Acre Lot
  • Lot Dimensions are 935 x 2350

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 03-00-020-000-001

Property Details

Property Type

Land

Est. Annual Taxes

$3,825

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Commercial
  • Access: City Street, Us/State Highway
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Tillable Acres: 40.0000

Garage/Parking

  • Driveway: Paved

Utilities

  • Water/Sewer: Public Water, No Sewer
  • Utilities Available: Electric, Gas, Water

Schools

  • School District: Sheffield-Sheffield

Lot Info

  • Lot Dimensions: 935 x 2350
  • Improvements: Building On Property, Electric, Gas, Storm Drains
  • Additional Assessor Parcel Number 1: 03-00-020-000-002
  • Lot Size Area Sq Ft: 1802077.0000
  • Lot Size Units: Acres
  • Price Per Acre: 9668.84
  • Acres: 41.3700
  • Divisible Yn: Yes
  • Topography: Cleared
  • Parcel Number: 03-00-020-000-001

Tax Info

  • Tax: 3825

Multi Family

  • Number Of Lots: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Tom Butts Farms Inc
Bought by
Mccullough Francis Lyle
Current Estimated Value
$268,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,824
Outstanding Balance
$203,847
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$65,097

Purchase Details

Closed on
Nov 26, 2013
Sold by
Tom Butts Farms Inc
Bought by
Tom Butts Farms Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 16, 2013
Sold by
Julia Banjoff Family Lp
Bought by
Tom Butts Farms Inc
Seller's Agent
Kathleen Chisar
RE/MAX Real Estate Group
Buyer's Agent
Kathleen Chisar
RE/MAX Real Estate Group
List Price
$650,000
Sold Price
$400,000
Premium/Discount to List
-$250,000
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.11%
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
Mccullough Francis Lyle $215,000 None Listed On Document
Tom Butts Farms Inc -- None Available
Tom Butts Farms Inc $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccullough Francis Lyle $207,824
Previous Owner Tom Butts Farms Inc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $400,000 -38.5% --
05/01/2013 05/01/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $650,000 -- --
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 $4,126 $84,648 $12,898 $71,750
2023 $2,664 $47,677 $12,313 $35,364
2022 $2,637 $47,677 $12,313 $35,364
2021 $2,654 $47,677 $12,313 $35,364
2020 $2,515 $41,610 $10,750 $30,860
2019 $2,500 $41,610 $10,750 $30,860
2018 $2,512 $41,610 $10,750 $30,860
2017 $2,600 $39,300 $10,140 $29,160
2016 $2,628 $39,300 $10,140 $29,160
2015 $2,620 $39,300 $10,140 $29,160
2014 $2,365 $39,300 $10,140 $29,160
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Chisar

    Seller's Agent in 2013

    Kathleen Chisar

    RE/MAX

    (216) 973-3500

    1 in this area

    122 Total Sales

    Kathleen Chisar
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Map

Source: MLS Now

MLS Number: 3402022

MLS Now

APN: 03-00-020-000-030

Ohio Lorain County Sheffield Village 44054

620 Abbe Rd, Sheffield Village, OH

Not Listed for Sale

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