NOT LISTED FOR SALE

118 Signal Hill Unit 24B Chagrin Falls, OH 44023

Estimated Value: $317,000 - $380,000

2 Beds
2.5 Baths
3,284 Sq Ft
$613/mo HOA Fee

Last Sold October 23, 2020

Last sale price $225,000 $69 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,982/month

189 Days on Market

Highlights

  • View of Trees or Woods
  • Community Lake
  • Wooded Lot
  • Timmons Elementary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of October 2020

Beautifully appointed 2 bedroom condominium. Living/great room with brick fireplace, wet bar, formal dining room, eat-in kitchen with hand painted mural by artist Tom Dasher, master on first floor or second, vaulted ceilings, finished lower level, deck, neutral carpet throughout. Gorgeous views. Chipping/putting green immediately off the back deck. Loads of green space in front and back of unit. Full recreational privileges of clubhouse, lake tennis courts and pool.

Last Agent to Sell the Property

Paul Blumberg

Berkshire Hathaway HomeServices Professional Realty License #357652 Listed on: 02/01/2020

Berkshire Hathaway HomeServices Professional Realty

Co-Listed By

Nancy Kramer

Howard Hanna License #2015002823

Last Buyer's Agent

Elaine Kolp

Deleted Agent License #2016005300

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,322

Year Built

  • Built in 1987

Lot Details

  • Wooded Lot

HOA Fees

  • $613 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Views of Woods
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01-117361

Community Details

Overview

  • Association fees include insurance, exterior building, landscaping, property management, recreation, reserve fund, snow removal, trash removal
  • Auburn Lakes Community
  • Community Lake

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,322

Year Built

Built in 1987

Lot Details

0

HOA Fees

$613 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Price Per Square Foot: 110.29
  • Estimated Price per Sq Ft: 110.29
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 2040
  • Year Built: 1987
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Appliances Equipment: CO Detector, Cooktop, Dishwasher, Dryer, Garbage Disposal, Humidifier, Microwave, Wall Oven, Refrigerator, Security System, Smoke Detector, Washer, Water Softener
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Finished, Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2040.00
  • Sq Ft Approx Below Grade Finished: 1244.00
  • Sq Ft Approx Total Finished: 3284.00

Exterior Features

  • View: Wooded
  • Exterior: Cedar
  • Exterior Features: Deck, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Drain, Electric, Water Available
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Common Facility, Lake, Park, Playground, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 1839.59
  • HOA Fee Frequency: Quarterly
  • Hoa Name: Auburn Lakes Homeowners Association
  • Subdivision Complex: Auburn Lakes

Fee Information

  • HOA Fee Includes: Association Insurance, Exterior Building, Landscaping, Property Management, Recreation, Reserve Fund, Snow Removal, Trash Removal

Schools

  • School District: Kenston LSD
  • School District: Kenston LSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.3100
  • Parcel Number: 01-117361

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 4322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Oct 21, 2020
Sold by
Downing Rosemary
Bought by
Hoffman Mark A and Hoffman Priscilla J
Seller's Agent
Paul Blumberg
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Elaine Kolp
Deleted Agent
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Current Estimated Value
$360,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,594
Avg. Annual Appreciation
9.93%
Original Mortgage
$202,500
Outstanding Balance
$179,785
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$180,809

Purchase Details

Closed on
May 8, 2002
Sold by
Green Rosemary and Green Roe
Bought by
Downing James and Downing Rosemary

Purchase Details

Closed on
Apr 7, 1987
Bought by
Green Rosemary
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
Hoffman Mark A $225,000 None Available
Downing James $221,000 Lawyers Title
Green Rosemary $237,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Mark A $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $225,000 -5.9% $69 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $239,000 -4.2% $73 / Sq Ft
06/15/2020 06/15/20 Price Changed $249,500 -0.2% $76 / Sq Ft
02/01/2020 02/01/20 For Sale $250,000 -- $76 / 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 $5,483 $113,610 $17,500 $96,110
2023 $5,483 $113,610 $17,500 $96,110
2022 $5,276 $91,810 $14,000 $77,810
2021 $5,295 $91,810 $14,000 $77,810
2020 $4,927 $91,810 $14,000 $77,810
2019 $4,523 $77,770 $14,000 $63,770
2018 $4,322 $77,770 $14,000 $63,770
2017 $4,323 $77,770 $14,000 $63,770
2016 $2,879 $53,900 $15,400 $38,500
2015 $2,617 $53,900 $15,400 $38,500
2014 $2,617 $53,900 $15,400 $38,500
2013 $2,960 $61,250 $17,500 $43,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4164070

MLS Now

APN: 01-117361