7371 Lake Road

7371 Lake Road in Chippewa Lake, OH was first built in 1924 and is 100 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7371 Lake Road has 1,488 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,008 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 610 ft and the linear feet between the front and back of the lot is 1,710. In total, the area measurement of the land is 13,068 square feet.

Learn more about the property and building on this page. There is a screened patio. For those who need parking, there is a garage. The garage is 768 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7371 Lake Road sold most recently in Oct 22, 2015 for a total of $106,000. If you work out the math, that's approximately a cost of $71.24 per sqft. Before that, the property was also sold for $73,500 in May 27, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,684 in taxes each year. 7371 Lake Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $42,110. If we break it down further, the land itself was valued at $9,770. Improvements to the property, however, were assessed at a total of $32,340. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.