NOT LISTED FOR SALE

7441 Spencer Lake Rd Medina, OH 44256

Estimated Value: $398,000 - $502,000

3 Beds
3 Baths
2,456 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $317,000 $129 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,802/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • 1 Fireplace
  • Additional Land
  • Wooded Lot
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

Welcome Home! Enjoy the accessibility of vibrant downtown Medina with the benefits of quiet country living. The expansive property boasts 5 acres of wooded trails, pasture, and a 3-stall barn with shop above & attached chicken coop (chickens can convey!). This updated split-level is waiting for you to move right in! Numerous upgrades include fresh neutral paint, custom woodwork and modern fixtures. From the front door, you’ll walk up into the living room and find beautiful hardwood flooring, vaulted ceilings, a custom built-in bookcase and lots of natural light. Make your way to a connected dining space and open concept kitchen complete with stainless steel appliances, granite countertops and updated cabinets. The lower level flows off the kitchen and features an additional living space with a wood burning fireplace. It’s the perfect space for a cozy family room or recreation room. Walk through the French doors to a 3-season bonus room that provides walkout access to property and a stunning view of the pond. The lower level also features a half bath, an updated laundry room with ample storage and access to the attached 2-car garage. The second floor features three bedrooms including an updated full master bath with a shower and gorgeous freestanding tub. Don’t forget about the basement featuring shop space, walkout access to the backyard and an updated half bath. Check out our drone flyover and take advantage of the 3D property tour to walk through this home right now!

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 04/15/2020

Keller Williams Citywide

Last Buyer's Agent

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 04/15/2020

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1972

Lot Details

  • 5.09 Acre Lot
  • South Facing Home
  • Unpaved Streets
  • Wooded Lot
  • Additional Land

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Partially Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Drain
  • Garage Door Opener

Utilities

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

Community Details

  • Cleveland Community

Listing and Financial Details

  • Assessor Parcel Number 020-10A-27-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,203

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Split Level
  • House Faces: South
  • Price Per Square Foot: 170.80
  • Estimated Price per Sq Ft: 170.80
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1856
  • Year Built: 1972
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1972

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Wall Oven, Range, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Common, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1856.00
  • Sq Ft Approx Below Grade Finished: 600.00
  • Sq Ft Approx Total Finished: 2456.00

Exterior Features

  • View: Wooded
  • Exterior: Aluminum, Brick, Wood
  • Exterior Features: Barn/Stable, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Access from Unit, Attached, Door Opener, Drain, Electric
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Wood, Forced Air
  • Water/Sewer: Public Water, Septic

Condo/Co-op/Association

  • Subdivision Complex: Cleveland

Schools

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

Lot Info

  • Lot Description: Addt'l Land Avail, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 5.0900
  • Parcel Number: 020-10A-27-003

Tax Info

  • Tax: 3203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 28, 2020
Sold by
Kowalski Michael A and Kowalski Emily
Bought by
Merriman Jenna
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$309,900
Sold Price
$317,000
Premium/Discount to List
$7,100
2.29%
Current Estimated Value
$455,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,228
Avg. Annual Appreciation
6.00%
Original Mortgage
$290,292
Outstanding Balance
$260,036
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$171,731

Purchase Details

Listed on
Sep 18, 2013
Closed on
Jun 26, 2014
Sold by
Brooks Richard E and Brooks Donna K
Bought by
Kowalski Michael A
Seller's Agent
Bonnie Mahoney
Deleted Agent
List Price
$219,450
Sold Price
$199,000
Premium/Discount to List
-$20,450
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$192,358
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2001
Sold by
Brooks Richard E and Brooks Donna K
Bought by
Brooks Richard E and Brooks Donna K
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Merriman Jenna $317,000 Ohio Real Title
Kowalski Michael A $199,000 Newman Title
Brooks Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merriman Jenna $290,292
Previous Owner Kowalski Michael A $192,358
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $317,000 +2.3% $129 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $309,900 +55.7% $126 / Sq Ft
06/27/2014 06/27/14 Sold $199,000 -9.3% $72 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
09/18/2013 09/18/13 For Sale $219,450 -- $79 / 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 $4,519 $110,350 $41,710 $68,640
2023 $4,519 $110,350 $41,710 $68,640
2022 $4,534 $110,350 $41,710 $68,640
2021 $4,144 $69,350 $32,580 $36,770
2020 $3,186 $69,350 $32,580 $36,770
2019 $3,203 $69,350 $32,580 $36,770
2018 $3,237 $67,100 $30,650 $36,450
2017 $3,243 $67,100 $30,650 $36,450
2016 $3,121 $67,100 $30,650 $36,450
2015 $3,016 $62,710 $28,640 $34,070
2014 $2,590 $62,710 $28,640 $34,070
2013 $1,962 $52,720 $24,070 $28,650
Source: Public Records

Agents Affiliated with this Home

  • Greg Erlanger

    Seller's Agent in 2020

    Greg Erlanger

    Keller Williams Citywide

    (440) 892-2211

    3,801 Total Sales

    Greg Erlanger
    Section Image

  • B

    Seller's Agent in 2014

    Bonnie Mahoney

    Deleted Agent

    Section Image
  • Jim Dern

    Buyer Co-Listing Agent in 2014

    Jim Dern

    Richfield Realty Group LLC

    (330) 571-6142

    13 Total Sales

    Jim Dern
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4181285

MLS Now

APN: 020-10A-27-003

Ohio Medina County Medina 44256

7441 Spencer Lake Rd, Medina, OH

This home is located at 7441 Spencer Lake Rd, Medina, OH 44256 since 15 April 2020 and is currently estimated at $455,228, approximately $185 per square foot. This property was built in 1972. 7441 Spencer Lake Rd is a home located in Medina County with nearby schools including Cloverleaf Elementary School, Cloverleaf Middle School, and Cloverleaf 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.

MLS Now 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