$2,625,000
$170K PRICE DROP

115 E Summit St Chagrin Falls, OH 44022

Estimated payment $16,425/month

Total Views 35,877
4 Beds
3.5 Baths
5,000 Sq Ft
$525 Price per Sq Ft

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Patio
  • Gurney Elementary School Rated A
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

One of the most iconic and spectacular historic homes in Chagrin Falls, the "Sears-Adams," house was built in 1845 and has been restored to utter perfection! Just steps from the Village and located in sought after Falls Walk, this Greek Revival home is architecturally stunning. Prominently positioned on a knoll with sweeping views, this home has every conceivable luxury coupled with a fabulous floor plan! Upon entering the home, one will notice the exquisite millwork and rich hardwood floors. At the heart of this home is the gourmet dream kitchen which is simply second to none! Custom cabinetry, high end stainless steel appliances, a huge center-island, and marble countertops are highlights! Open to the kitchen is the fabulous great room which features a coffered ceiling and handsome fireplace. Summers will be enjoyed in the screened in porch with fireplace that opens onto the expansive deck. There is a library with an additional fireplace, banquet size dining room, and a lovely lounge area with built-in bar. The second floor is accessed via a front and rear staircase and has 4 large bedrooms, 3 full bathrooms, and a laundry room. The owner's suite is the definition of luxury with the most magnificent marble bathroom and walk-in dressing room. Additionally, there is a finished walkout lower level, huge mud room, and 3+ car attached garage. Every inch of this house has been redone from top to bottom including mechanicals, windows, plumbing, electrical, and more. This property is located within the Falls Walk HOA which includes landscaping and snow removal. Here is your chance to own one of the truly coveted and sought after historic homes in beautiful Chagrin Falls.

Listing Agent

Adam Kaufman

Howard Hanna Brokerage Email: adamkaufman@howardhanna.com 216-831-7370 License #351481 Listed on: 02/24/2025

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,436

Year Built

  • Built in 1845

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • 0.47 Acre Lot

Community Details

  • Association fees include insurance, ground maintenance, reserve fund, snow removal
  • Falls Walk Association
  • Falls Walk Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 931-06-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,436

Year Built

Built in 1845

Lot Details

0

HOA Fees

$350 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1845
  • Attribution Contact: adamkaufman@howardhanna.com 216-831-7370
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Reserve Fund, Snow Removal
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Falls Walk
  • Above Grade Finished Sq Ft: 5000.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.4748
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Wood Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage

Utilities

  • LaundryFeatures: Upper Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association Name: Falls Walk
  • Association: Yes

Schools

  • Junior High Dist: Chagrin Falls EVSD - 1808

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 931-06-057
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 20436.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $20,437 $331,450 $29,470 $301,980
2023 $19,833 $273,000 $25,760 $247,240
2022 $20,071 $266,600 $25,760 $240,840
2021 $19,984 $266,600 $25,760 $240,840
2020 $19,160 $235,900 $22,790 $213,120
2019 $18,276 $638,000 $65,100 $572,900
2018 $18,177 $223,300 $22,790 $200,520
2017 $18,956 $220,300 $21,460 $198,840
2016 $17,067 $220,300 $21,460 $198,840
2015 $14,540 $220,300 $21,460 $198,840
2014 $14,540 $150,610 $19,500 $131,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $2,625,000 -6.1% $525 / Sq Ft
02/24/2025 02/24/25 For Sale $2,795,000 +258.3% $559 / Sq Ft
04/25/2019 04/25/19 Sold $780,000 0.0% $164 / Sq Ft
12/19/2018 12/19/18 Off Market $780,000 -- --
12/03/2018 12/03/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $809,000 +3.7% $170 / Sq Ft
09/30/2018 09/30/18 Off Market $780,000 -- --
09/27/2018 09/27/18 Price Changed $809,000 -2.4% $170 / Sq Ft
08/13/2018 08/13/18 For Sale $829,000 +6.3% $174 / Sq Ft
08/12/2018 08/12/18 Off Market $780,000 -- --
06/07/2018 06/07/18 Price Changed $829,000 -2.4% $174 / Sq Ft
03/19/2018 03/19/18 For Sale $849,000 +8.8% $178 / Sq Ft
02/14/2018 02/14/18 Off Market $780,000 -- --
08/03/2012 08/03/12 Sold $182,500 -8.8% $61 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
01/28/2012 01/28/12 For Sale $200,000 -- $67 / Sq Ft
Source: MLS Now (Howard Hanna)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,500,000 Erie Title
Warranty Deed $2,500,000 Erie Title
Warranty Deed $780,000 Revere Title
Survivorship Deed $662,500 Revere Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Previous Owner $127,800 Adjustable Rate Mortgage/ARM
Previous Owner $127,800 Adjustable Rate Mortgage/ARM
Previous Owner $127,800 Adjustable Rate Mortgage/ARM
Previous Owner $450,000 New Conventional
Source: Public Records

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Source: MLS Now (Howard Hanna)

MLS Number: 5102109

MLS Now (Howard Hanna)

APN: 931-06-057