Seller's Agent in 2019
Jared Dutton
Keller Williams Legacy Group Realty
(330) 268-2673
213 Total Sales
7281 Lake Rd Madison, OH 44057
4
Beds
2
Baths
2,400
Sq Ft
135,907
Sq Ft Lot
Highlights
- Beach Front
- 3.12 Acre Lot
- 1 Fireplace
- Lake View
- Cape Cod Architecture
- 2 Car Detached Garage
About This Home
As of August 2019PREMIER LAKE ERIE WATERFRONT AUCTION – SAT. JUNE 22 @ 12NOON. 55+ yr FAMILY OWNERSHIP DIRECTS IMMEDIATE SALE! Welcome to beautiful Murphy Beach situated on the shores of Lake Erie in Lake County, Ohio conveniently located between Geneva-on-the-lake and Madison-on-the-Lake and across the street from 18-hole Lake Erie Shores Golf Course. This is truly a one of a kind property that has not been available for sale in over a half century. This unique water front property has over 200’ of lake frontage w/private beach and features a Lakefront Home, (7) cottages - currently leased - on a 4.6 acre lakefront site to be offered in 3 parcels. The lakefront cape-cod style home offers over 2,400 sq. ft. of living space, 4 bedrooms, 2.5 baths, with an open floor plan, and floor to ceiling windows that overlook the Lake Erie Waterfront. The (cottages) have 3 bedrooms w/2 full baths, and most are currently occupied w/leases generating $800 - $900/mo. The property will be sold in 3 parcels consisting of Parcel #1: Lake Front home w/additional cottage, Parcel #2: (4) cottages, Parcel #3: 3.5 acre waterfront development parcel w/ (2) cottages currently leased. Don’t let this opportunity pass you by to purchase a Lake Erie Waterfront property with your own private beach!
Last Agent to Sell the Property
Keller Williams Legacy Group Realty License #2005014275 Listed on: 05/20/2019
Last Buyer's Agent
Keller Williams Legacy Group Realty License #2005014275 Listed on: 05/20/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,240
Year Built
- Built in 1921
Lot Details
- 3.12 Acre Lot
- Beach Front
- Lake Front
- Street terminates at a dead end
- Unpaved Streets
Property Views
- Lake
- Golf Course
Home Design
- Cape Cod Architecture
- Asphalt Roof
- Cedar
Interior Spaces
- 2,400 Sq Ft Home
- 1-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 2 Car Detached Garage
- Carport
Outdoor Features
- Patio
Utilities
- Central Air
- Heating System Uses Gas
Community Details
- Forbes Lt 02 Community
Listing and Financial Details
- Assessor Parcel Number 01-B-106-C-00-008-0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2019
Closed on
Jul 31, 2019
Sold by
Djm S 4 Reasons Ltd
Bought by
Lakepointe Shores Llc
Seller's Agent
Jared Dutton
Keller Williams Legacy Group Realty
Buyer's Agent
Jared Dutton
Keller Williams Legacy Group Realty
List Price
$825,000
Sold Price
$825,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$434,368
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 23, 2008
Sold by
Murphy Management Partners Lp
Bought by
Djms 4 Reasons Ltd
Purchase Details
Closed on
Dec 22, 1999
Sold by
Estate Of David C Murphy
Bought by
Murphy Mary K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lakepointe Shores Llc | $825,000 | None Available | |
| Djms 4 Reasons Ltd | $176,600 | Us Title Agency Inc | |
| Murphy Mary K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lakepointe Shores Llc | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2019 08/09/19 | Sold | $825,000 | 0.0% | $344 / Sq Ft |
| 06/25/2019 06/25/19 | Pending | -- | -- | -- |
| 05/20/2019 05/20/19 | For Sale | $825,000 | -- | $344 / Sq Ft |
Source: MLS Now
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 |
|---|---|---|---|---|
| 2025 | -- | $114,430 | $71,480 | $42,950 |
| 2024 | $8,540 | $114,430 | $71,480 | $42,950 |
| 2023 | $14,177 | $127,550 | $90,300 | $37,250 |
| 2022 | $9,533 | $127,550 | $90,300 | $37,250 |
| 2021 | $9,296 | $110,130 | $86,520 | $23,610 |
| 2020 | $19,966 | $110,130 | $86,520 | $23,610 |
| 2019 | $9,282 | $110,130 | $86,520 | $23,610 |
| 2018 | $9,240 | $105,630 | $86,520 | $19,110 |
| 2017 | $9,031 | $105,630 | $86,520 | $19,110 |
| 2016 | $8,462 | $105,630 | $86,520 | $19,110 |
| 2015 | $8,018 | $105,630 | $86,520 | $19,110 |
| 2014 | $8,109 | $105,630 | $86,520 | $19,110 |
| 2013 | $8,102 | $105,630 | $86,520 | $19,110 |
Source: Public Records
Agents Affiliated with this Home
-
Jared Dutton
Map
Source: MLS Now
MLS Number: 4098153
APN: 01-B-106-C-00-008
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 1180 Hearn Dr
- 7084 Lake Rd E
- 1268 Oxford Dr
- 1403 Dorchester Dr
- 1478 Bennett Rd
- 153 Marilyn Dr
- V/L 10 Norton Dr
- 50 Eddie Rd
- V/L 20 Norton Dr
- V/L 11 Norton Dr
- V/L 21 Norton Dr
- 20 Eddie Rd
- 15 Eddie Rd Unit 15
- 32 Eddy Rd
- 1073 Ashview Dr
- 1500 Oldsmar Ave
- 1180 N County Line Rd
- 1432 Hazel Ave
- 6566 Earl Ave
- 4699 Lake Rd E Unit 205
Your Personal Tour Guide
Ask me questions while you tour the home.