NOT LISTED FOR SALE

827 E Lakeshore Dr Kelleys Island, OH 43438

Estimated Value: $1,203,039 - $1,481,000

8 Beds
7.5 Baths
6,000 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 10, 2019

Last sale price $695,900 $116 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,661/month

147 Days on Market

Highlights

  • Spa
  • Deck
  • 2 Fireplaces
  • Lake View
  • Victorian Architecture
  • 2 Car Direct Access Garage

About This Home

As of July 2019

Welcome to the Watersedge Retreat! This amazing home is currently being operated as an award winning B&B. Every day is a vacation here on Kelleys Island. This great island has a vibrant downtown area, plenty of docking options for your boat and incredible views of beautiful Lake Erie. Continue operating Watersedge Retreat as a B&B or change it to your own personal retreat for friends and family. Built in 1994 this home has all of the charm of the Victorian era with modern day updates. Enjoy gorgeous Lake Erie views from the wrap around porch and most of the windows. Snuggle by the fire in the living room or family room. Built to last and sure to please!

Last Agent to Sell the Property

Lisa Deuschle

Deleted Agent License #2007000036 Listed on: 11/19/2018

Last Buyer's Agent

Lisa Deuschle

Deleted Agent License #2007000036 Listed on: 11/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,027

Year Built

  • Built in 1994

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100 x 184
  • Unpaved Streets

Parking

  • 2 Car Direct Access Garage

Home Design

  • Victorian Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 6,000 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Lake Views
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane

Community Details

  • Water St Sweetbriar Community

Listing and Financial Details

  • Assessor Parcel Number 54-00028-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,027

Year Built

Built in 1994

Lot Details

0.42 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Victorian
  • Price Per Square Foot: 115.98
  • Estimated Price per Sq Ft: 115.98
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 6000
  • Year Built: 1994
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1994

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Hot Tub
  • Fireplaces: 2
  • Total Bedrooms: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Partial
  • Sq Ft Approx Above Grade Finished: 6000.00
  • Sq Ft Approx Total Finished: 6000.00

Exterior Features

  • View: Lake Erie
  • Exterior: Cedar
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Access from Unit
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Propane
  • Heating Type: Fireplace-Gas
  • Water/Sewer: Public Water, Private Sewer

Condo/Co-op/Association

  • Subdivision Complex: Water St Sweetbriar

Schools

  • School District: Kelleys Island LSD

Lot Info

  • Lot Dimensions: 100 X 184
  • Lot Size Units: Acres
  • Acres: 0.4224
  • Parcel Number: 54-00028-000

Tax Info

  • Tax: 6027

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
Jul 9, 2019
Sold by
Hermes Timothy F and Hermes Jonathon T
Bought by
Kody Richard J
Seller's Agent
Lisa Deuschle
Deleted Agent
Buyer's Agent
Lisa Deuschle
Deleted Agent
List Price
$775,000
Sold Price
$695,900
Premium/Discount to List
-$79,100
-10.21%
Current Estimated Value
$1,341,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,780
Avg. Annual Appreciation
10.46%
Original Mortgage
$200,000
Outstanding Balance
$175,505
Interest Rate
3.9%
Mortgage Type
Unknown
Estimated Equity
$1,166,175

Purchase Details

Closed on
Sep 5, 2018
Sold by
Hermes Timothy F
Bought by
Hermes Timothy F

Purchase Details

Closed on
Oct 21, 1994
Sold by
Gorchester William
Bought by
Hermes Timothy F and Hermes Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,080
Interest Rate
7.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kody Richard J $695,900 None Available
Hermes Timothy F -- --
Hermes Timothy F $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kody Richard J $200,000
Previous Owner Hermes Timothy F $26,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2019 07/10/19 Sold $695,900 -10.2% $116 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
11/19/2018 11/19/18 For Sale $775,000 -- $129 / 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
2024 $8,986 $348,645 $65,051 $283,594
2023 $8,050 $238,007 $59,136 $178,871
2022 $6,507 $238,021 $59,136 $178,885
2021 $6,124 $238,030 $59,140 $178,890
2020 $6,734 $265,590 $59,140 $206,450
2019 $7,137 $265,590 $59,140 $206,450
2018 $7,222 $265,590 $59,140 $206,450
2017 $6,027 $243,360 $118,580 $124,780
2016 $5,911 $243,360 $118,580 $124,780
2015 $5,585 $243,360 $118,580 $124,780
2014 $5,623 $243,360 $118,580 $124,780
2013 $5,569 $243,360 $118,580 $124,780
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lisa Deuschle

    Deleted Agent

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Map

Source: MLS Now

MLS Number: 4054277

MLS Now

APN: 54-00028-000

Ohio Erie County Kelleys Island 43438

827 E Lakeshore Dr, Kelleys Island, OH

Not Listed for Sale

Detached

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