NOT LISTED FOR SALE

7000 South Ln Willoughby, OH 44094

Estimated Value: $355,000 - $811,040

5 Beds
6 Baths
5,360 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $327,000 $61 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,051/month

201 Days on Market

Highlights

  • Water Views
  • Deck
  • 2 Fireplaces
  • 5.9 Acre Lot
  • Pond
  • 17 Car Attached Garage

About This Home

As of August 2017

This property is now under auction terms. Seller has the right (a) to change the date, place, and terms of the sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale auction date 7/10/2017. Please contact List Agent for details. Brick raised ranch features 5 bedrooms, 4 full baths and 2 half baths! Formal living and dining rooms with hardwood floors! Family room with wood flooring and stone fireplace! Kitchen w/ built-in appls, ample cabinetry and counter top space is open to family room with wall of windows overlooking spectacular hillside and water views! First floor master suite w/ full bath, dressing area and walk in closet! Finished lower level with recreation room, 4 bedrooms, full bath, bonus room/office! Enormous 4 car attached garage with oversized overhead doors with 12 car tandem attached garage! Huge barn at front of property for additional storage! Spectacular view of hillside, pond and water all on a 5.8 acre lot! Property sold as-is including any existing appliances, plumbing, heating, air conditioning and electrical systems. See attachment for PAS requirements and WFHM offer submittal information in the MLS document section.

Last Agent to Sell the Property

Michael Kaim

Real of Ohio License #430767 Listed on: 12/28/2016

Co-Listed By

Tina Tangorra

HomeSmart Real Estate Momentum LLC License #656953

Last Buyer's Agent

Jennifer Johnson

Deleted Agent License #2014000554

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 5.9 Acre Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 5,360 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Water Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 17 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Water Not Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26-A-003-0-00-025-0

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 61.01
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 5360
  • Year Built: 1981
  • Geocode Confidence: Unknown
  • Special Features: 84
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Garbage Disposal, Smoke Detector
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 5360

Exterior Features

  • View: Water View
  • Exterior: Brick
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 17

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Heat Pump
  • Water/Sewer: No Water, Public Sewer, Septic

Schools

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

Lot Info

  • Lot Description: Pond
  • Lot Size Units: Acres
  • Acres: 5.8990
  • Parcel Number: 26-A-003-0-00-025-0

Tax Info

  • Tax: 17523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2016
Closed on
Aug 14, 2017
Sold by
Sprout Construction Llc
Bought by
Gersten Donald R and Gersten Mary Elizabeth
Seller's Agent
Michael Kaim
Real of Ohio
Buyer's Agent
Jennifer Johnson
Deleted Agent
List Price
$428,000
Sold Price
$327,000
Premium/Discount to List
-$101,000
-23.6%
Current Estimated Value
$616,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,760
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Dec 28, 2016
Closed on
Jul 24, 2017
Sold by
Wells Fargo Bank Na
Bought by
Sprout Construction Llc
Seller's Agent
Michael Kaim
Real of Ohio
Buyer's Agent
Jennifer Johnson
Deleted Agent
List Price
$428,000
Sold Price
$327,000
Premium/Discount to List
-$101,000
-23.6%

Purchase Details

Closed on
Oct 20, 2016
Sold by
Stone Sidney J and Stone Joan B
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 25, 2010
Sold by
Stone Sidney J
Bought by
Stone Sidney J and Stone Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
2.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 10, 2010
Sold by
Stone Sidney J
Bought by
Stone Sidney J and Stone Joan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
2.45%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 22, 1976
Bought by
Stone Joan B
Source: Public Records

Range of Values:

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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
Gersten Donald R -- None Available
Sprout Construction Llc $327,000 None Available
Wells Fargo Bank Na -- None Available
Stone Sidney J -- Guardian Title
Stone Sidney J -- Guardian Title
Stone Sidney J -- None Available
Stone Sidney J -- None Available
Stone Joan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Sidney J $937,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $327,000 0.0% $61 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/12/2017 07/12/17 Off Market $327,000 -- --
05/24/2017 05/24/17 Price Changed $350,000 -7.9% $65 / Sq Ft
05/01/2017 05/01/17 Price Changed $380,000 -11.2% $71 / Sq Ft
12/28/2016 12/28/16 For Sale $428,000 -- $80 / 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 $8,277 $78,050 $62,440 $15,610
2022 $5,965 $78,050 $62,440 $15,610
2021 $12,071 $157,340 $62,440 $94,900
2020 $9,591 $114,450 $74,310 $40,140
2019 $9,017 $114,450 $74,310 $40,140
2018 $8,921 $114,450 $74,310 $40,140
2017 $17,892 $219,100 $74,310 $144,790
2016 $16,828 $219,100 $74,310 $144,790
2015 $16,784 $219,100 $74,310 $144,790
2014 $13,303 $182,450 $74,310 $108,140
2013 $13,307 $182,450 $74,310 $108,140
Source: Public Records

Agents Affiliated with this Home

  • Michael Kaim

    Seller's Agent in 2017

    Michael Kaim

    Real of Ohio

    (440) 228-8046

    1,565 Total Sales

    Michael Kaim
    Section Image
  • Tina Tangorra

    Seller Co-Listing Agent in 2017

    Tina Tangorra

    HomeSmart Real Estate Momentum LLC

    (440) 364-8530

    63 Total Sales

    Tina Tangorra
    Section Image

  • J

    Buyer's Agent in 2017

    Jennifer Johnson

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 3867280

MLS Now

APN: 26-A-003-0-00-025

Ohio Lake County Willoughby 44094

7000 South Ln, Willoughby, OH

This home is located at 7000 South Ln, Willoughby, OH 44094 since 28 December 2016 and is currently estimated at $616,760, approximately $115 per square foot. This property was built in 1981. 7000 South 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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