NOT LISTED FOR SALE

12430 Falcon Ridge Rd Chesterland, OH 44026

Estimated Value: $894,000 - $1,002,000

5 Beds
5.5 Baths
7,196 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $757,500 $105 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,348/month

62 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Wooded Lot
  • West Geauga High School Rated 9+
  • Hilly Lot
  • 1 Fireplace

About This Home

As of July 2021

Amazing rustic 2005 built custom home on 3+ rolling acres in Award Winning West Geauga School District. This property has diverse terrain perfect for ATV riding or hiking. Private backyard ideal for entertaining with 26' x 16' covered patio with French doors that lead to kitchen. Open kitchen to family room with soaring see-thru stone fireplace. Great space for large gatherings or intimate dinners. Warm earth tones throughout creating a welcoming comfortable atmosphere. Large first floor master bedroom with en suite bathroom, quietly isolated from common spaces and other bedrooms. Large upstairs bedrooms with private baths and custom extras providing private spaces for family or guests. A massive finished bonus room with private bath and rough-in for potential kitchenette. This multi-purpose room can be used for home theatre, play room, also could be second floor master or in-law suite. A 1600 finished square foot walkout lower level family room with roughed in full bath ready for your finishing touches. Great entertainment complex. Great location. Minutes to Mayfield, Beachwood, Mentor, Chardon, private schools, stables and more...with country serenity! A great multi-generational home!

Last Listed By

Marysue Murray

Howard Hanna License #369682 Listed on: 04/12/2021

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,998

Year Built

  • Built in 2005

Lot Details

  • 3.51 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Hilly Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Asphalt Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Parking

  • 3 Car Garage
  • Heated Garage

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • Sherman Forest Community

Listing and Financial Details

  • Assessor Parcel Number 11-389183

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,998

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial, Contemporary/Modern, Conventional
  • House Faces: East
  • Price Per Square Foot: 135.36
  • Estimated Price per Sq Ft: 135.36
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 5596
  • Year Built: 2005
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Garbage Disposal, Refrigerator, Wall Oven
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Unfinished, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 5596.00
  • Sq Ft Approx Below Grade Finished: 1600.00
  • Sq Ft Approx Total Finished: 7196.00

Exterior Features

  • View: Wooded
  • Exterior: Cedar, Stone
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Heated
  • Garage Num Of Cars: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Sherman Forest

Schools

  • School District: West Geauga LSD
  • School District: West Geauga LSD

Lot Info

  • Lot Description: Cul de Sac, Hillside, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 3.5100
  • Parcel Number: 11-389183

Tax Info

  • Tax: 11998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jul 23, 2021
Sold by
Ariemma Joseph J and Ariemma Tina
Bought by
Ribic Rok and Ribic Beth A
Seller's Agent
Marysue Murray
Howard Hanna
Buyer's Agent
Kathryn Fawcett
McDowell Homes Real Estate Services
List Price
$819,000
Sold Price
$757,500
Premium/Discount to List
-$61,500
-7.51%
Total Days on Market
62
Current Estimated Value
$950,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,097
Avg. Annual Appreciation
5.83%
Original Mortgage
$548,250
Outstanding Balance
$504,079
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$437,623

Purchase Details

Closed on
Oct 18, 2002
Sold by
Sherman Forest Inc An Ohio Corporation
Bought by
Ariemma Joseph J and Ariemma Tina

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
Ribic Rok $757,500 Chicago Title
Ariemma Joseph J $75,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ribic Rok $548,250
Previous Owner Ariemma Joseph J $158,000
Previous Owner Ariemma Joseph $104,800
Previous Owner Ariemma Joseph $343,700
Previous Owner Ariemma Joseph J $106,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $757,500 -5.2% $105 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
05/17/2021 05/17/21 Price Changed $799,000 -2.4% $111 / Sq Ft
04/12/2021 04/12/21 For Sale $819,000 -- $114 / 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 $12,328 $285,150 $46,310 $238,840
2023 $12,328 $285,150 $46,310 $238,840
2022 $11,579 $229,710 $38,610 $191,100
2021 $11,542 $229,710 $38,610 $191,100
2020 $11,998 $229,710 $38,610 $191,100
2019 $11,656 $215,570 $38,610 $176,960
2018 $5,781 $215,570 $38,610 $176,960
2017 $11,656 $215,570 $38,610 $176,960
2016 $11,294 $197,680 $29,190 $168,490
2015 $10,458 $197,680 $29,190 $168,490
2014 $10,458 $197,680 $29,190 $168,490
2013 $10,533 $197,680 $29,190 $168,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4269912

MLS Now

APN: 11-389183