8525 Palomino Trail Willoughby, OH 44094
Estimated Value: $412,000 - $569,000
5
Beds
3
Baths
2,464
Sq Ft
$204/Sq Ft
Est. Value
About This Home
This home is located at 8525 Palomino Trail, Willoughby, OH 44094 and is currently estimated at $502,660, approximately $204 per square foot. 8525 Palomino Trail is a home located in Lake County with nearby schools including Kirtland Elementary School, Kirtland Middle School, and Kirtland High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2003
Sold by
Milbourn Frank W
Bought by
Rahman Latisa Abdul
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Outstanding Balance
$119,637
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,023
Purchase Details
Closed on
Jul 31, 1997
Sold by
Perse Elmer J and Perse Debra A
Bought by
Milbourn Frank W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.24%
Purchase Details
Closed on
Jan 29, 1988
Bought by
Perse Elmer J
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Rahman Latisa Abdul | $318,000 | Competitive Title | |
Milbourn Frank W | $251,000 | Midland Title Security Inc | |
Perse Elmer J | $22,800 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Rahman Latisa Abdul | $254,400 | |
Previous Owner | Milbourn Frank W | $150,000 |
Source: Public Records
Tax History Compared to Growth
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 | -- | $150,560 | $26,310 | $124,250 |
2023 | $13,142 | $125,500 | $20,160 | $105,340 |
2022 | $6,505 | $125,500 | $20,160 | $105,340 |
2021 | $6,638 | $125,500 | $20,160 | $105,340 |
2020 | $6,398 | $112,050 | $18,000 | $94,050 |
2019 | $6,389 | $112,050 | $18,000 | $94,050 |
2018 | $6,139 | $91,240 | $23,040 | $68,200 |
2017 | $5,684 | $91,240 | $23,040 | $68,200 |
2016 | $5,670 | $91,240 | $23,040 | $68,200 |
2015 | $5,599 | $91,240 | $23,040 | $68,200 |
2014 | $5,662 | $91,240 | $23,040 | $68,200 |
2013 | $5,501 | $91,240 | $23,040 | $68,200 |
Source: Public Records
Map
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