NOT LISTED FOR SALE

862 Stonewater Dr Kent, OH 44240

Estimated Value: $405,808 - $512,000

5 Beds
3 Baths
3,228 Sq Ft
$80/mo HOA Fee

Last Sold March 15, 2013

Last sale price $236,500 $73 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,909/month

29 Days on Market

Highlights

  • Fishing Allowed
  • 1 Fireplace
  • 2 Car Attached Garage
  • Waterfront
  • Corner Lot
  • 5-minute walk to Kent Skate Park

About This Home

As of March 2013

Just move right in to this six years young custom home and enjoy the water and nature views right outside your windowsl! Open layout has great room with fireplace, eating area that opens to deck overlooking lake. Kitchen with granite countertops. Finished walkout lower level could be a mother-in-law suite with two large bedrooms, large walk in closet, wet bar, family room and full bath. Master has coffered ceiling and extra large walk-in closet. Master bath has soaking tub and separate shower. Lots of great storage space including partially unfinished basement area with poured concrete walls. Total of five bedrooms and three full baths. One currently being used as office. This is a cluster home in the Lakes of Franklin Mills. Small monthly fee of $80 pays for mowing, snow removal in driveway and steps and porch shoveling, landscaping in front yard. Perfect for those who travel or work full time and want to spend more time relaxing.

Last Agent to Sell the Property

Joan Elfein

Ohio Broker Direct License #658010240 Listed on: 01/10/2013

Last Buyer's Agent

Carol Foote

Deleted Agent License #2006005436

Deleted Agent

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,466

Year Built

  • Built in 2005

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Cluster Home
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 3,228 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Water Views
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 170292000011004

Community Details

Overview

  • Association fees include landscaping, snow removal
  • Lakes Of Franklin Mills Community

Recreation

  • Fishing Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,466

Year Built

Built in 2005

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Cluster Home
  • House Faces: East
  • Price Per Square Foot: 73.27
  • Num Of Stories: 1.00
  • Total Sq Ft: 3228
  • Year Built: 2005
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Humidifier, Microwave, Wall Oven, Range
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Room Count: 10
  • Basement Detail: Partially Finished, Walk-Out
  • Living Area Sq Ft: 3228
  • Estimated Total Living Area: 3228
  • Estimated Sq Ft: 3228

Exterior Features

  • View: Water View
  • Exterior: Brick, Stone
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 80.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Lakes at Franklin Mills
  • Subdivision Complex: Lakes of Franklin Mills

Fee Information

  • HOA Fee Includes: Landscaping, Snow Removal

Schools

  • School District: Kent CSD
  • School District: Kent CSD

Lot Info

  • Lot Description: Corner, Lake-Stocked, Waterfront
  • Lot Size Area Sq Ft: 7623.0000
  • Lot Size Units: Acres
  • Price Per Acre: 1351428.57
  • Acres: 0.1750
  • Parcel Number: 170292000011004

Tax Info

  • Tax: 4466

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Mar 13, 2013
Sold by
Claxton Karen H and Dinehart Karen H
Bought by
Emerick Thomas W and Emerick Dorothy F
Seller's Agent
Joan Elfein
Ohio Broker Direct
Buyer's Agent
Carol Foote
Deleted Agent
List Price
$239,900
Sold Price
$236,500
Premium/Discount to List
-$3,400
-1.42%
Current Estimated Value
$453,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,702
Avg. Annual Appreciation
5.34%
Original Mortgage
$188,000
Outstanding Balance
$39,321
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$413,881

Purchase Details

Closed on
May 10, 2011
Sold by
Fannie Mae
Bought by
Claxton Karen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,023
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2011
Sold by
El Mahdy Amr H
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 30, 2005
Sold by
Forest Lakes Development Co Ltd
Bought by
El Mahdy Amr H and El Mahdy Hafsa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,802
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 2, 2005
Sold by
Stonewater Development Corp
Bought by
Forest Lakes Development Co Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,802
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2005
Sold by
Forest Lakes Development Co Ltd
Bought by
Lakeview Investment Co
Source: Public Records

Range of Values:

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Average Value
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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
Emerick Thomas W $236,500 None Available
Claxton Karen H $190,600 Accutitle Agency Inc
Federal National Mortgage Association $183,334 None Available
El Mahdy Amr H $301,900 Revere Title Summit County
Forest Lakes Development Co Ltd -- Revere Title Summit County
Stonewater Development Corp -- Revere Title Summit County
Lakeview Investment Co -- --
Forest Lakes Development Co Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerick Thomas W $40,000
Open Emerick Thomas W $188,000
Previous Owner Dinehart Karen $27,800
Previous Owner Claxton Karen H $181,023
Previous Owner El Mahdy Amr H $301,802
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $236,500 -1.4% $73 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $239,900 -- $74 / 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 $4,964 $120,540 $19,250 $101,290
2023 $5,205 $103,430 $19,250 $84,180
2022 $5,224 $103,430 $19,250 $84,180
2021 $5,234 $103,430 $19,250 $84,180
2020 $5,032 $89,990 $19,250 $70,740
2019 $5,031 $89,990 $19,250 $70,740
2018 $4,599 $76,620 $14,000 $62,620
2017 $4,599 $76,620 $14,000 $62,620
2016 $4,588 $76,620 $14,000 $62,620
2015 $4,590 $76,620 $14,000 $62,620
2014 $4,387 $72,520 $14,000 $58,520
2013 $5,085 $72,520 $14,000 $58,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3374126

MLS Now

APN: 17-029-20-00-011-004