NOT LISTED FOR SALE

7315 Spencer Lake Rd Medina, OH 44256

Estimated Value: $471,000 - $534,298

3 Beds
2.5 Baths
3,890 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 18, 2020

Last sale price $275,000 $71 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,931/month

182 Days on Market

Highlights

  • Horse Property
  • View of Trees or Woods
  • Pond
  • Fishing Allowed
  • Colonial Architecture
  • Wooded Lot

About This Home

As of January 2020

Welcome Home to this spacious three bedroom colonial located in Medina on 8.2 private acres with a two car attached garage and an outbuilding that could be used as a workshop or additional garaging space not to mention a pond near the home and private lake located in the back of the property. The 1st floor offers a large eat in kitchen with all appliances included, dining room, family room with a warming hearth stone wood burning stove, and an office. The second floor includes three spacious bedrooms including the master which has an updated master bath and walk-in closet. This property has so much to offer whether you enjoy hiking, riding, hunting or fishing this place has it all! The finished basement can be utilized as a recreation room, gym, home theater, etc. and yes it has been waterproofed and the lifetime warranty will be transferred to the next buyer, all this home needs is your personal touches because this lot with a private pond, lake and more than 8.2 acres is truly one of a kind so schedule your private showing today.

Last Agent to Sell the Property

Dennis Angerstien

Russell Real Estate Services License #2016004679 Listed on: 06/22/2019

Russell Real Estate Services

Co-Listed By

Bernadette Stitchick

Russell Real Estate Services License #2016006073

Last Buyer's Agent

Terri Sopko

Howard Hanna License #321876

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1991

Lot Details

  • 8.2 Acre Lot
  • Unpaved Streets
  • Wooded Lot

Parking

  • 4 Car Garage

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Pond
  • Horse Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 020-10A-27-015

Community Details

Overview

  • Miller Community

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,129

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 87.58
  • Estimated Price per Sq Ft: 87.58
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3140
  • Year Built: 1991
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Wall Oven, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Finished, Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 3140.00
  • Sq Ft Approx Below Grade Finished: 750.00
  • Sq Ft Approx Total Finished: 3890.00

Exterior Features

  • View: Park, Wooded
  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Detached, Electric
  • Garage Num Of Cars: 4

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Propane
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Septic

Condo/Co-op/Association

  • Subdivision Complex: Miller

Schools

  • School District: Cloverleaf LSD

Lot Info

  • Lot Description: Horse Property, Lake-Stocked, Pond, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 8.2000
  • Parcel Number: 020-10A-27-015

Tax Info

  • Tax: 4129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Jan 16, 2020
Sold by
Hammond Kevin J and Hammond Karie
Bought by
Mccracken Rhys
Seller's Agent
Dennis Angerstien
Russell Real Estate Services
Buyer's Agent
Terri Sopko
Howard Hanna
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Current Estimated Value
$494,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,575
Avg. Annual Appreciation
10.69%
Original Mortgage
$220,000
Outstanding Balance
$194,379
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$300,196

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 2, 2015
Sold by
Tompot Patrick A and Tompot Holly N
Bought by
Hammond Kevin J and Hammond Karie
Seller's Agent
Lanett Ventura
Howard Hanna
Buyer's Agent
Debbie Ferrante
RE/MAX Edge Realty
List Price
$269,900
Sold Price
$269,000
Premium/Discount to List
-$900
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.52%
Original Mortgage
$215,200
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2003
Sold by
Race Paul R and Race Patricia A
Bought by
Tompot Patrick A and Tompot Holly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2000
Sold by
Race Paul R & Patricia A Trustee
Bought by
Race Paul R and Race Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
8.3%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Race Paul R and Race Patricia A
Bought by
Race Paul R and Race Patricia A
Source: Public Records

Range of Values:

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Average Value
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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
Mccracken Rhys $275,000 None Available
Hammond Kevin J $269,000 None Available
Tompot Patrick A $272,500 --
Race Paul R -- Quality Title Agency Inc
Race Paul R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccracken Rhys $220,000
Previous Owner Hammond Kevin J $215,200
Previous Owner Tompot Patrick A $218,000
Previous Owner Race Paul R $59,000
Closed Tompot Patrick A $40,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2020 01/18/20 Sold $275,000 -1.8% $71 / Sq Ft
12/21/2019 12/21/19 Pending -- -- --
12/19/2019 12/19/19 Price Changed $280,000 -6.7% $72 / Sq Ft
07/31/2019 07/31/19 Price Changed $300,000 -3.2% $77 / Sq Ft
06/22/2019 06/22/19 For Sale $310,000 +15.2% $80 / Sq Ft
10/05/2015 10/05/15 Sold $269,000 -0.3% $86 / Sq Ft View Prior Sale
08/26/2015 08/26/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $269,900 -- $86 / 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 $3,962 $96,250 $50,910 $45,340
2023 $3,962 $96,250 $50,910 $45,340
2022 $3,974 $96,250 $50,910 $45,340
2021 $3,937 $87,120 $39,770 $47,350
2020 $4,007 $87,120 $39,770 $47,350
2019 $4,029 $87,120 $39,770 $47,350
2018 $4,129 $85,470 $38,790 $46,680
2017 $4,137 $85,470 $38,790 $46,680
2016 $3,982 $85,470 $38,790 $46,680
2015 $3,623 $75,200 $34,210 $40,990
2014 $3,609 $75,200 $34,210 $40,990
2013 $3,350 $75,200 $34,210 $40,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4109576

MLS Now

APN: 020-10A-27-015