NOT LISTED FOR SALE

7250 Summerhill Dr Painesville, OH 44077

Estimated Value: $485,000 - $557,000

4 Beds
4 Baths
2,155 Sq Ft
$236/Sq Ft Est. Value

About This Home

This home is located at 7250 Summerhill Dr, Painesville, OH 44077 and is currently estimated at $509,407, approximately $236 per square foot. 7250 Summerhill Dr is a home located in Lake County with nearby schools including Henry F. Lamuth Middle School, Riverside Junior/Senior High School, and Hershey Montessori School PreK-Elementary.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2018
Sold by
Stefanov Jean M and Stefanov Robert J
Bought by
Stefanov Jean M and Stefanov Robert J
Current Estimated Value
$509,407

Purchase Details

Closed on
Oct 22, 1999
Sold by
Herrod Jacqueline
Bought by
Stefanov Robert J and Stefanov Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$68,144
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$441,263

Purchase Details

Closed on
Jun 29, 1995
Sold by
Hoffman Larry H
Bought by
Herrod Craig and Herrod Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,600
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Stefanov Jean M -- None Available
Stefanov Robert J $305,000 Midland Title Security Inc
Herrod Craig $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stefanov Robert J $225,000
Previous Owner Herrod Craig $217,600
Source: Public Records

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 -- $162,930 $27,570 $135,360
2023 $13,184 $136,510 $22,820 $113,690
2022 $7,118 $136,510 $22,820 $113,690
2021 $7,147 $136,510 $22,820 $113,690
2020 $7,003 $118,700 $19,840 $98,860
2019 $6,993 $118,700 $19,840 $98,860
2018 $6,754 $104,080 $13,710 $90,370
2017 $6,491 $104,080 $13,710 $90,370
2016 $5,960 $104,080 $13,710 $90,370
2015 $5,609 $104,080 $13,710 $90,370
2014 $5,597 $104,080 $13,710 $90,370
2013 $5,597 $104,080 $13,710 $90,370
Source: Public Records

Map

Ohio Lake County Painesville 44077

7250 Summerhill Dr, Painesville, OH

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