NOT LISTED FOR SALE

6889 Lake Rd Madison, OH 44057

Estimated Value: $332,682

0.55 Acre
$604,876 Price per Acre
23,958 Sq Ft Lot

Last Sold June 23, 2023

Last sale price $35,000

Est. 851% increase in value since last sale

Current estimated payment $1,798/month

470 Days on Market

About This Lot

As of June 2023

This home is located at 6889 Lake Rd, Madison, OH 44057 since 21 February 2022 and is currently estimated at $332,682. 6889 Lake Rd is a home located in Lake County with nearby schools including North Elementary School, Madison Middle School, and Madison High School.

Last Agent to Sell the Property

Richard Piraino

Howard Hanna License #438414 Listed on: 02/21/2022

Howard Hanna

Last Buyer's Agent

Michael Warren

Howard Hanna License #2007000330

Howard Hanna

Property Details

Property Type

  • Land

Lot Details

  • 0.55 Acre Lot
  • Lake Front

Property Views

  • Water Views

Community Details

  • Cowles #2 Community

Listing and Financial Details

  • Assessor Parcel Number 01-B-098-0-00-008-0

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Land
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Water View
  • Frontage Feet: 145

Utilities

  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Cowles #2

Schools

  • School District: Madison LSD
  • School District: Madison Lsd

Lot Info

  • Lot Dimensions: 1rr
  • Improvements: Gas
  • Lot Description: Lake Front
  • Lot Size Units: Acres
  • Acres: 0.5500
  • Parcel Number: 01-B-098-0-00-008-0

Multi Family

  • Number Of Lots: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Jun 22, 2023
Sold by
Lake County Land Reutilization Corporati
Bought by
Rdacma Llc
Seller's Agent
Richard Piraino
Howard Hanna
Buyer's Agent
Michael Warren
Howard Hanna
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Views
283
Current Estimated Value
$332,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,682
Avg. Annual Appreciation
177.02%

Purchase Details

Closed on
Mar 29, 2016
Sold by
Lake County Auditors
Bought by
Lake County Land Reutilization Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Frey James L and Frey Pat Mary
Bought by
Golden Leaf Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,700
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 1993
Bought by
Frey James L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rdacma Llc -- None Listed On Document
Lake County Land Reutilization Corp -- None Available
Golden Leaf Inc $200,000 Midland Title Security Inc
Frey James L $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake County Land Reutilization Corp $25,000
Previous Owner Lake County Land Reutilization Corp $100
Previous Owner Golden Leaf Inc $184,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $35,000 -30.0% --
06/06/2023 06/06/23 Pending -- -- --
02/21/2022 02/21/22 For Sale $50,000 -- --
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 -- $9,220 $9,220 --
2023 $0 $20,060 $20,060 $0
2022 $0 $20,060 $20,060 $0
2021 $0 $20,060 $20,060 $0
2020 $0 $20,060 $20,060 $0
2019 $4,712 $20,060 $20,060 $0
2018 $0 $20,060 $20,060 $0
2017 $4,744 $20,060 $20,060 $0
2016 $85 $20,060 $20,060 $0
2015 $4,744 $62,500 $20,060 $42,440
2014 $4,798 $62,500 $20,060 $42,440
2013 $4,794 $62,500 $20,060 $42,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4349808

MLS Now

APN: 01-B-098-0-00-008