7281 Lake Road East

Madison, OH 44057

$825,000
Last Sold Price
4
Beds
2,400 Sq. Ft.
$344 / Sq. Ft.
2,400
Sq. Ft.
$344
per Sq. Ft.
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Closed 8/9/19
Closed 8/9/19

Description

Premier lake erie waterfront auction – sat. JUNE 22 @ 12NOON. 55+ yr FAMILY OWNERSHIP DIRECTS IMMEDIATE SALE! Welcome to beautiful Murphy Beach situated on the shores of Lake Erie in Lake County, Ohio conveniently located between Geneva-on-the-lake and Madison-on-the-Lake and across the street from 18-hole Lake Erie Shores Golf Course. This is truly a one of a kind property that has not been available for sale in over a half century. This unique water front property has over 200’ of lake frontage...Premier lake erie waterfront auction – sat. JUNE 22 @ 12NOON. 55+ yr FAMILY OWNERSHIP DIRECTS IMMEDIATE SALE! Welcome to beautiful Murphy Beach situated on the shores of Lake Erie in Lake County, Ohio conveniently located between Geneva-on-the-lake and Madison-on-the-Lake and across the street from 18-hole Lake Erie Shores Golf Course. This is truly a one of a kind property that has not been available for sale in over a half century. This unique water front property has over 200’ of lake frontage w/private beach and features a Lakefront Home, (7) cottages - currently leased - on a 4.6 acre lakefront site to be offered in 3 parcels. The lakefront cape-cod style home offers over 2,400 sq. ft. of living space, 4 bedrooms, 2.5 baths, with an open floor plan, and floor to ceiling windows that overlook the Lake Erie Waterfront. The (cottages) have 3 bedrooms w/2 full baths, and most are currently occupied w/leases generating $800 - $900/mo. The property will be sold in 3 parcels consist
  1. Listed by Jared E Dutton • Keller Williams Legacy Group
    P: (330)-879-5000 C: (330)-879-5000 jdutton3@kw.com

Property Details for 7281 Lake Road East

Architectural Style
Cape Cod
Subdivision Name
Forbes Lt 02
View
Golf Course, Lake, Water
Has View
Yes
Waterfront Features
Beach Front, Lake Front, Waterfront
Has Waterfront
Yes
LISTING UPDATED: 08/26/2023 01:34 PM

Property Details for 7281 Lake Road East

StatusClosed
MLS #4098153
Days on Market36
Taxes$9,240 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1921
Lot Size3.12 AC / 135,907 SF
CountyLake County
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Location

Listing Courtesy of Keller Williams Legacy Group

Sold By Keller Williams Legacy Group

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Building Information for 7281 Lake Road East

Stories1Year Built1921Building Size-Lot Size3.12 AC / 135,907 SF

Payment Calculator

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$4,881 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,111

Property Taxes

$770

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7281 Lake Road East

Summary
Location and General Information
  • Directions: Hubbard to Lake Rd E
  • Latitude: 41.842517
  • Longitude: -81.026511
Taxes and HOA
  • Additional Parcels Description: 01-B-106-C-00-009-0
  • Association: No
  • Parcel Number: 01-B-106-C-00-008-0
  • Tax Annual Amount: $9,240.00
  • Tax Legal Description: T 2 L FOBES A HEARN & STONE
School Information
  • Elementary School District: Madison LSD Lake- 4303
  • High School District: Madison LSD Lake- 4303
  • Middle or Junior School District: Madison LSD Lake- 4303
Parking
  • Attached Garage: No
  • Carport: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Carport, Detached, Garage, Unpaved
Property
Lot Information
  • Frontage Type: Lakefront
  • Lot Features: Beach Front, Dead End, Lake Erie Front, Lake Front, Waterfront
  • Lot Size Acres: 3.12
  • Lot Size Area: 3.12
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2400.0
  • Above Grade Finished Area Source: Owner
  • Living Area: 2400.0
  • Year Built: 1921
Building Features
  • Construction Materials: Cedar
  • Levels: One
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: None
  • Has Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 4
  • Cooling: Central Air
  • Has Cooling: Yes
  • Fireplace Features: Gas, Wood Burning
  • Total Fireplaces: 1
  • Fireplace: Yes
  • Heating: Fireplaces, Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 1
Exterior Features
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Fiberglass
  • Stories: 1
Rental
Tenant Information
  • Occupant Type: Owner

Property History for 7281 Lake Road East

DateEvent & SourcePriceAppreciation
Aug 9, 2019

Sold

MLS Now #4098153

$825,000—
Jun 25, 2019

Contract Signed

MLS Now #4098153

—
May 20, 2019

Listed (Active)

MLS Now #4098153

—
DateEvent & SourcePrice
08/09/2019

Sold

MLS Now #4098153

$825,000
06/25/2019

Contract Signed

MLS Now #4098153

—
05/20/2019

Listed (Active)

MLS Now #4098153

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7281 Lake Road East

Taxable ValueLand$86,520Additions$23,610Total$110,130
Tax Record2021$9,296 ($775 / month)
Home Facts
Total Finished SqFt1,224 SqFtAbove Grade Finished SqFt1,224 SqFtStories1Lot Size135,907 SqFtStyleHotel / MotelYear Built1921ZoningB-2CountyLAKEAPN01-B-106-C-00-008-0Fireplace TypeHas Fireplace

Schools near 7281 Lake Road East

This home is within Madison Local School District.
Rating
School
Type
Grades
Distance
North Elementary School
Public - K to 5
Madison Middle School
Public - 6 to 8
Madison High School
Public - 9 to 12
Madison Online Learning Academy
Public - 2 to 12
Rating
School
Distance
North Elementary School
PublicK to 5

Madison Middle School
Public6 to 8

Madison High School
Public9 to 12

Madison Online Learning Academy
Public2 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Legacy Group

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