NOT LISTED FOR SALE

8556 Bank St Vermilion, OH 44089

Estimated Value: $380,000 - $420,463

3 Beds
2 Baths
1,856 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $230,000 $124 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,507/month

67 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of December 2014

Beautiful Brownhelm Township home on 2 acres in Firelands School District. This sprawling 3 bedroom ranch features spacious rooms with lots of natural light, a large master bedroom with walk in closet and master bath with whirlpool tub, large kitchen with lots of cabinets and laminate wood floors, a family/media room which could easily be transformed to a 4th bedroom, full basement, and plenty of storage space. Enjoy the quiet countryside from the front porch or out on the large back deck that overlooks open fields and trees where an eagle has made his nest. There is a large 32' x 24' outbuilding to house your workshop or use as an additional 2 car garage. This is a home you don't want to miss!

Last Agent to Sell the Property

Bill Swanzer

The Swanzer Agency License #239663 Listed on: 08/25/2014

Last Buyer's Agent

Kathie Craig

Inactive Agent License #448623

Inactive Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 2008

Lot Details

  • 2.08 Acre Lot
  • Lot Dimensions are 175 x 519
  • Unpaved Streets

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Brownhelm Community

Listing and Financial Details

  • Assessor Parcel Number 01-00-062-000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,264

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 123.92
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1856
  • Year Built: 2008
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2008

Interior Features

  • Appliances Equipment: Dishwasher
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 8
  • Basement Detail: Full, Unfinished
  • Estimated Sq Ft: 1856

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Brownhelm

Schools

  • School District: Firelands LSD
  • School District: Firelands LSD

Lot Info

  • Lot Dimensions: 175 x 519
  • Lot Size Units: Acres
  • Acres: 2.0800
  • Parcel Number: 01-00-062-000-042

Tax Info

  • Tax: 3264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Wilson William C
Bought by
Wilson William C and Loczi Meredith Eve
Current Estimated Value
$398,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Outstanding Balance
$134,389
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$266,082

Purchase Details

Listed on
Aug 25, 2014
Closed on
Dec 22, 2014
Sold by
Shaffer Timothy R and Shaffer Vicki L
Bought by
Wilson William C
Seller's Agent
Bill Swanzer
The Swanzer Agency
Buyer's Agent
Kathie Craig
Inactive Agent
List Price
$238,500
Sold Price
$230,000
Premium/Discount to List
-$8,500
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$207,000
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 20, 2010
Sold by
Dave Swiers Builders Inc and Swiers Dave W
Bought by
Shaffer Timothy R and Shaffer Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 8, 2006
Sold by
Schmalz Beverly A and Schmalz Russell H
Bought by
Dave Swiers Builders Inc

Purchase Details

Closed on
Aug 15, 2006
Sold by
Schmalz Beverly A and Schmalz Russell H
Bought by
Schmalz Beverly A
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
Wilson William C -- Erieview Title Agency Llc
Wilson William C $230,000 Erieview Title Agency Llc
Shaffer Timothy R $200,000 Erieview Title
Dave Swiers Builders Inc $80,000 Attorney
Schmalz Beverly A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson William C $177,000
Closed Wilson William C $207,000
Previous Owner Shaffer Timothy R $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $230,000 -3.6% $124 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $238,500 -- $129 / 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 $4,702 $114,156 $30,555 $83,601
2023 $3,921 $85,005 $18,099 $66,906
2022 $3,855 $85,005 $18,099 $66,906
2021 $3,852 $85,005 $18,099 $66,906
2020 $3,510 $73,730 $15,700 $58,030
2019 $3,485 $73,730 $15,700 $58,030
2018 $3,436 $73,730 $15,700 $58,030
2017 $3,298 $70,460 $17,860 $52,600
2016 $3,340 $70,460 $17,860 $52,600
2015 $3,344 $70,460 $17,860 $52,600
2014 $3,399 $70,460 $17,860 $52,600
2013 $3,264 $70,460 $17,860 $52,600
Source: Public Records

Agents Affiliated with this Home

  • Bill Swanzer

    Seller's Agent in 2014

    Bill Swanzer

    The Swanzer Agency

    (440) 258-4104

    143 Total Sales

    Bill Swanzer
    Section Image

  • K

    Buyer's Agent in 2014

    Kathie Craig

    Inactive Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3648896

MLS Now

APN: 01-00-062-000-042

Ohio Lorain County Vermilion 44089

8556 Bank St, Vermilion, OH

This home is located at 8556 Bank St, Vermilion, OH 44089 since 25 August 2014 and is currently estimated at $398,866, approximately $214 per square foot. This property was built in 2008. 8556 Bank St is a home located in Lorain County with nearby schools including Firelands Elementary School, Firelands Middle School, and Firelands 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