NOT LISTED FOR SALE

7287 Lake Rd Chippewa Lake, OH 44215

Estimated Value: $256,000 - $368,000

3 Beds
3 Baths
2,396 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $169,000 $71 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,850/month

5 Days on Market

Highlights

  • Community Lake
  • Park
  • Forced Air Heating System
  • Community Playground

About This Home

As of May 2021

Looking for an investment property in Medina County? This rare 3-unit totals $2,200 in monthly rents, with the owner paying gas, electric, and water. All units have been updated! Unit #1 is 1 bedroom/1 bathroom-$600, unit #2 is a 3 bedroom/1 bathroom-$850 these units share a laundry room. Unit #3 is a 2 bedroom/1 bathroom with laundry in the unit-$750. Triplex is located on half an acre and is just moments from Chippewa Lake.

Last Agent to Sell the Property

Courtney Boron

M. C. Real Estate License #2016005268 Listed on: 03/06/2021

M. C. Real Estate

Last Buyer's Agent

Andrew Jenkins

Keller Williams Elevate License #2014001799

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,353

Year Built

  • Built in 1903

Lot Details

  • 0.56 Acre Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,396 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link
  • The owner pays for electric, gas, water
  • Assessor Parcel Number 020-10D-38-180

Community Details

Overview

  • 3 Units
  • Clark Community
  • Community Lake

Amenities

  • Laundry Facilities

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,353

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 70.53
  • Estimated Price per Sq Ft: 70.53
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2396
  • Year Built: 1903
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1903

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2396.00
  • Sq Ft Approx Total Finished: 2396.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: In Unit, Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Lake, Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Clark

Schools

  • School District: Cloverleaf LSD
  • School District: Cloverleaf LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.5643
  • Parcel Number: 020-10D-38-180

Rental Info

  • Owner Pays: Electric, Gas, Water
  • Tenant Pays: Cable/Electric Link

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2025
Sold by
Jenkins Andrew Lee and Jenkins Rebecca J
Bought by
Heavenly Chippewa Lake Mfh Solutions Llc
Current Estimated Value
$306,838

Purchase Details

Listed on
Mar 6, 2021
Closed on
May 10, 2021
Sold by
Gasser Eric M and Gasser Samantha A
Bought by
Jenkins Larry L
Seller's Agent
Courtney Boron
M. C. Real Estate
Buyer's Agent
Andrew Jenkins
Keller Williams Elevate
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%
Original Mortgage
$126,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2010
Sold by
Trustee Deutsch Bank National Trust Company
Bought by
Gasser Eric M

Purchase Details

Closed on
May 24, 2010
Sold by
Reece Dell R
Bought by
Trustee Deutsch Bank National Trust Company

Purchase Details

Closed on
Jul 10, 2006
Sold by
Czerwony Michael J
Bought by
Reece Dell R

Purchase Details

Closed on
Apr 28, 2003
Sold by
Czerwony Michael J and Czerwony Teresa
Bought by
Czerwony Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,550
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2002
Sold by
Hill Richard D and Hill Carol A
Bought by
Czerwony Michael J and Czerwony Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 1996
Sold by
Eva J Miller
Bought by
Hill Richard D and Hill Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
8.43%
Mortgage Type
New Conventional
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
Heavenly Chippewa Lake Mfh Solutions Llc -- None Listed On Document
Jenkins Larry L -- None Listed On Document
Gasser Eric M $45,000 --
Trustee Deutsch Bank National Trust Company $83,334 --
Reece Dell R $160,000 --
Czerwony Michael J -- Ltic
Czerwony Michael J $137,000 Ltic
Hill Richard D $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jenkins Larry L $126,750
Previous Owner Czerwony Michael J $140,550
Previous Owner Czerwony Michael J $135,900
Previous Owner Hill Richard D $59,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $169,000 0.0% $71 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $169,000 -- $71 / 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
2024 $2,690 $64,470 $13,320 $51,150
2023 $2,690 $64,470 $13,320 $51,150
2022 $2,699 $64,470 $13,320 $51,150
2021 $2,312 $50,370 $10,410 $39,960
2020 $2,353 $50,370 $10,410 $39,960
2019 $2,366 $50,370 $10,410 $39,960
2018 $2,104 $42,860 $14,740 $28,120
2017 $2,108 $42,860 $14,740 $28,120
2016 $2,050 $42,860 $14,740 $28,120
2015 $1,999 $40,430 $13,900 $26,530
2014 $1,992 $40,430 $13,900 $26,530
2013 $1,852 $40,430 $13,900 $26,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4260566

MLS Now

APN: 020-10D-38-180