NOT LISTED FOR SALE

780 E Smith Rd Medina, OH 44256

Estimated Value: $530,759

3 Beds
3.5 Baths
6,041 Sq Ft
$88/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $450,000 $74 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,570/month

35 Days on Market

Highlights

  • 1.7 Acre Lot
  • 2 Fireplaces
  • Forced Air Heating and Cooling System
  • Medina High School Rated A-
  • Attached Garage
  • 1-Story Property

About This Home

As of February 2023

Just five blocks from Medina’s historic square and three miles from the I-71 and SR 18 interchange, this sun-drenched 6,041 square foot office/ home has 55 parking spots and was previously a medical then a legal service office. Nineteen desks are included on the main floor while the ground floor has three large rooms suitable for additional offices, classrooms, etc. along with two kitchen areas and another office. One of those rooms contains 30 banquet room chairs and tables along with a large screen TV.
The building was completely renovated in 2016 into eight offices on the top floor and one office/conference room along with the three large rooms on the lower level. The building has significant storage capacity with six very large closets, a supply room, a utility room and three full bathrooms and a half bath.
The building features an extensive wired computer network with dual network ports at likely desk locations throughout the building. These ports are CAT 6 runs directly to the server room and separated at the patch panels for easy phone / computer network setup. The independently air-cooled server room has a 2-post 8U network cabinet as well as a 4-post full size server rack.
This 1.7 acre property offers a great deal of flexibility being currently zoned residential with variances granted for offices. The desks, chairs and other furniture are optional to stay items. The street signage post and wiring is intact and the heating is central and boiler heat.

Last Agent to Sell the Property

Michael Pasadyn

Russell Real Estate Services License #2018001645 Listed on: 09/13/2022

Russell Real Estate Services

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,220

Year Built

  • Built in 1958

Lot Details

  • 1.7 Acre Lot
  • Lot Dimensions are 242x242

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 6,041 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

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

Community Details

  • Medina Community

Listing and Financial Details

  • Assessor Parcel Number 028-19D-03-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,220

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Price Per Square Foot: 74.49
  • Estimated Price per Sq Ft: 74.49
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 6041
  • Year Built: 1958
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Fireplaces: 2
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Main Half Bathrooms: 1
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 6041.00
  • Sq Ft Approx Total Finished: 6041.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Medina

Schools

  • School District: Medina CSD
  • School District: Medina CSD

Lot Info

  • Lot Dimensions: 242x242
  • Lot Size Units: Acres
  • Acres: 1.7000
  • Parcel Number: 028-19D-03-003
  • LandLeaseYN: No

Tax Info

  • Tax: 7220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Feb 8, 2023
Sold by
780 East Smith Rd Llc
Bought by
Marali Holdings Llc
Seller's Agent
Michael Pasadyn
Russell Real Estate Services
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%
Views
126
Current Estimated Value
$530,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,759
Avg. Annual Appreciation
5.57%
Original Mortgage
$235,825
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2016
Sold by
Centurion Commercial Capital Llc
Bought by
780 East Smith Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2012
Sold by
West Development Inc
Bought by
Centurion Commercial Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2008
Sold by
Gowe Leasing Ltd
Bought by
West Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2004
Sold by
Torok Helen and Torok Leonard J
Bought by
Gowe Leasing Ltd
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
Marali Holdings Llc $450,000 --
780 East Smith Road Llc $319,900 None Available
780 East Smith Road Llc $319,900 None Available
780 East Smith Road Llc $319,900 None Available
Centurion Commercial Capital Llc $335,000 --
Centurion Commercial Capital Llc $335,000 Transfer Title Agency Inc
West Development Inc $250,000 --
Gowe Leasing Ltd $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marali Holdings Llc $196,000
Closed Marali Holdings Llc $235,825
Previous Owner 780 East Smith Road Llc $500,000
Previous Owner 780 East Smith Road Llc $250,000
Previous Owner Centurion Commercil Capital Llc $251,250
Previous Owner West Development Inc $264,000
Previous Owner West Development Inc $80,000
Previous Owner West Development Inc $245,000
Closed Marali Holdings Llc $188,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $450,000 -21.7% $74 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $575,000 -- $95 / 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 $8,131 $120,910 $60,080 $60,830
2023 $8,131 $120,910 $60,080 $60,830
2022 $7,047 $120,910 $60,080 $60,830
2021 $7,220 $115,150 $57,220 $57,930
2020 $7,285 $115,150 $57,220 $57,930
2019 $7,158 $115,150 $57,220 $57,930
2018 $8,050 $123,120 $65,140 $57,980
2017 $8,168 $123,120 $65,140 $57,980
2016 $8,289 $123,120 $65,140 $57,980
2015 $8,227 $117,260 $62,040 $55,220
2014 $8,193 $117,260 $62,040 $55,220
2013 $8,123 $117,260 $62,040 $55,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4408024

MLS Now

APN: 028-19D-03-003