NOT LISTED FOR SALE

946 Lake Rd Conneaut, OH 44030

Estimated Value: $323,000

6 Beds
3 Baths
528 Sq Ft
$612/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $262,500 $497 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,114/month

5 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Community Lake
  • Health Club
  • Medical Services
  • Tennis Courts

About This Home

As of July 2020

Cottage 1, Cottage 2, Cottage 3
Three Commercial rental properties in this package deal. Situated on .71 ac.
#1 Enter the back door into the Eat-in-kitchen. Enjoy the Lake Erie view from the dining area, left is the kitchen. Looking East through the pass-thru window into the living room which flows into the foyer to the front door. Off of the living room, you will find the 2 bedrooms and a relatively large bathroom for this size cottage. Last but not least is access to the 2nd-floor loft.
#2 Enter cottage into the Entry/dining area and enjoy the Lake view out the dining room window. Off the dining area is the galley kitchen to the left or the Open Ceiling living room to the right. Off the living room are the two bedrooms and bath. Also off the living room, you will find the " a four-season" or "ole fashion Sunporch". Extra sleeping area for guests.
#3 Enter this cottage into large living room. Off of this LR to the left are the 2 bedrooms and just before entering the sunken kitchen and dining room is the hall to the full bath and a set of stairs the finished and unfinished attic space. The kitchen and the dining area are across the North side of the cottage and therefore have the "best view" of Lake Erie.

Last Listed By

Gary Pape

Berkshire Hathaway HomeServices Professional Realty License #429286 Listed on: 06/30/2020

Berkshire Hathaway HomeServices Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 1930

Lot Details

  • 0.71 Acre Lot
  • Lake Front
  • South Facing Home
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property
  • Lake Views
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Space Heater

Listing and Financial Details

  • The owner pays for pays all
  • Assessor Parcel Number 122240002400

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Lake Lawn Community
  • Community Lake

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,517

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: South
  • Price Per Square Foot: 497.16
  • Estimated Price per Sq Ft: 497.16
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 528
  • Year Built: 1930
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Crawl
  • Sq Ft Approx Above Grade Finished: 528.00
  • Sq Ft Approx Total Finished: 528.00

Exterior Features

  • View: Lake Erie
  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Heating Fuel: Electric
  • Heating Type: Space Heaters
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Exercise Room, Golf Available, Health Club, Lake, Laundromat, Medical Service, Park, Playground, Shopping/Mall, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Lake Lawn

Schools

  • School District: Conneaut Area CSD
  • School District: Conneaut Area CSD

Lot Info

  • Additional Assessor Parcel Number 1: 122240002500
  • Lot Description: Lake Erie Front, Lake Front
  • Lot Size Units: Acres
  • Acres: 0.7063
  • Parcel Number: 122240002400

Rental Info

  • Owner Pays: Pays All

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 3
  • Number of Units: 3

Tax Info

  • Tax: 4517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jul 21, 2020
Sold by
Coccitto Michael A and Coccitto Cynthia K
Bought by
Old Top Llc
Seller's Agent
Gary Pape
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Mary Brown
Howard Hanna
List Price
$250,000
Sold Price
$262,500
Premium/Discount to List
$12,500
5%
Total Days on Market
5
Current Estimated Value
$323,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,500

Purchase Details

Closed on
Nov 14, 2014
Sold by
Finn S Lakefront Cottage Llc
Bought by
Coccitto Michael A and Coccitto Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2007
Sold by
Biscotti Larry J and Biscotti Jacqueline A
Bought by
Knox Susan A

Purchase Details

Closed on
Oct 28, 2005
Sold by
Drennen Bert C and Drennen Carol K
Bought by
Biscotti Larry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.5%
Mortgage Type
Unknown

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
Old Top Llc $202,500 Nova Title Agency Inc
Coccitto Michael A $178,500 Chicago Title Agency
Knox Susan A $220,000 New Market Title
Biscotti Larry J $170,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coccitto Michael A $128,500
Previous Owner Biscotti Larry J $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $262,500 +5.0% $497 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $250,000 -- $473 / 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
2021 $1,733 $31,750 $16,800 $14,950
2020 $1,733 $31,750 $16,800 $14,950
2019 $1,970 $35,460 $17,680 $17,780
2018 $1,666 $35,460 $17,680 $17,780
2017 $1,665 $35,460 $17,680 $17,780
2016 $1,439 $29,510 $14,700 $14,810
2015 $1,453 $29,510 $14,700 $14,810
2014 $2,357 $29,510 $14,700 $14,810
2013 $1,020 $24,050 $15,610 $8,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4202148

MLS Now

APN: 122240002500