NOT LISTED FOR SALE

16420 Majestic Oaks Chagrin Falls, OH 44023

Estimated Value: $1,181,067 - $1,377,000

4 Beds
4.5 Baths
6,495 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 08, 2019

Last sale price $840,000 $129 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,640/month

60 Days on Market

Highlights

  • Health Club
  • View of Trees or Woods
  • Deck
  • Gurney Elementary School Rated A
  • Colonial Architecture
  • Wooded Lot

About This Home

As of May 2019

Gorgeous newer colonial in Chagrin Falls School district. Move-right in to this spacious home that has all the features a discerning buyer is looking for including soaring ceilings, open floor plan, large room sizes, hardwood floors, split stairs, walkout lower level, four-car garage, 1-acre lot and more! You'll enjoy entertaining and family times in large kitchen with huge granite center island, upscale appliances like a Wolfe gas range & SubZero refrigerator. The eat-in area has a French door to the upper deck and is open to a vaulted great room and gorgeous palladium sun room. Find solitude in the handsome den w/ French doors & gas fireplace. As practical as it is beautiful, there’s a walk-in pantry, laundry room, guest bath w/ granite, and mudroom w/ cubbies. All bedrooms are on the second floor including a spacious master w/ sitting area and updated glamour bath with marble countertops, shower, tub, plantation shutters, private commode and two walk-in closets. Another bedroom w/ vaulted ceiling & walk-in closet shares a jack-&-Jill bath with an oversized bedroom with window seats and walk-in closet. The guest bedroom has its own private bath. The finished walkout lower level is ready for a crowd and overnight guests with three large entertainment areas, custom Murphy bed & full bathroom. Walk out to the paver patio & flat wooded lot. A great location—walk to the Wembley Club with swim, tennis, fitness, dining & more; close to movies, grocery shopping and the high school.

Last Agent to Sell the Property

Mary Frances LaGanke

Howard Hanna License #2009003536 Listed on: 02/01/2019

Howard Hanna

Last Buyer's Agent

Kathleen Jaczo

Coldwell Banker Schmidt Realty License #314660

Coldwell Banker Schmidt Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 170x275x186x239
  • East Facing Home
  • Property has an invisible fence for dogs
  • Wooded Lot

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Views of Woods
  • Home Security System

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-019075

Community Details

Overview

  • Association fees include insurance, reserve fund
  • Woods Of Wembley Community

Recreation

  • Health Club
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$34 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 186.87
  • Estimated Price per Sq Ft: 186.87
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4495
  • Year Built: 2004
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Wall Oven, Range, Refrigerator, Security System, Washer, Water Softener
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Finished, Full, Walk-Out
  • Sq Ft Approx Above Grade Finished: 4495.00
  • Sq Ft Approx Below Grade Finished: 2000.00
  • Sq Ft Approx Total Finished: 6495.00

Exterior Features

  • View: Wooded
  • Exterior: Brick, Vinyl
  • Exterior Features: Deck, Patio
  • Fences: Invisible Pet
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 4

Utilities

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

Association/Amenities

  • Amenities: Health Club, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 410.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Woods of Wembley
  • Subdivision Complex: Woods Of Wembley

Fee Information

  • HOA Fee Includes: Association Insurance, Reserve Fund

Schools

  • School District: Chagrin Falls EVSD
  • School District: Chagrin Falls EVSD

Lot Info

  • Lot Dimensions: 170X275X186X239
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.0100
  • Parcel Number: 03-019075

Tax Info

  • Tax: 21719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
May 3, 2019
Sold by
Hoy Adam J and Hoy Amy B
Bought by
Hardwick Karen Zacharias and Hardwick Robert Deane
Seller's Agent
Mary Frances LaGanke
Howard Hanna
Buyer's Agent
Kathleen Jaczo
Coldwell Banker Schmidt Realty
List Price
$875,000
Sold Price
$840,000
Premium/Discount to List
-$35,000
-4%
Current Estimated Value
$1,272,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,767
Avg. Annual Appreciation
6.78%
Original Mortgage
$484,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2017
Closed on
Dec 4, 2017
Sold by
Kathryn A Mallak
Bought by
Hoy Adam and Hoy Amy
Seller's Agent
Mary Frances LaGanke
Howard Hanna
Buyer's Agent
Anthony Colantuono
RE/MAX Above & Beyond
List Price
$879,000
Sold Price
$835,000
Premium/Discount to List
-$44,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.42%
Original Mortgage
$424,000
Interest Rate
3.9%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Prestige & Premier Companies
Bought by
Mallak Joseph M and Mallak Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 2003
Sold by
J & R Development Inc
Bought by
Prestige & Premier Companies
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
Hardwick Karen Zacharias $839,000 Ohio Real Title
Hoy Adam -- --
Mallak Joseph M $813,300 None Available
Prestige & Premier Companies $902,400 Geauga Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardwick Karen Zacharias $350,000
Closed Hardwick Karen Zacharias $484,350
Previous Owner Hoy Adam $424,000
Previous Owner Hoy Adam --
Previous Owner Mallak Joseph $464,810
Previous Owner Mallak Joseph M $250,000
Previous Owner Mallak Joseph M $375,000
Previous Owner Prestige & Premier Companies $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $840,000 -1.1% $129 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/21/2019 03/21/19 Price Changed $849,000 -3.0% $131 / Sq Ft
02/01/2019 02/01/19 For Sale $875,000 +4.8% $135 / Sq Ft
12/04/2017 12/04/17 Sold $835,000 -1.6% $129 / Sq Ft
10/15/2017 10/15/17 Pending -- -- --
07/12/2017 07/12/17 Price Changed $849,000 -3.4% $131 / Sq Ft
04/26/2017 04/26/17 For Sale $879,000 -- $135 / 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 $20,217 $316,200 $57,440 $258,760
2023 $20,217 $316,200 $57,440 $258,760
2022 $19,233 $255,820 $45,960 $209,860
2021 $19,294 $255,820 $45,960 $209,860
2020 $20,285 $255,820 $45,960 $209,860
2019 $21,622 $255,820 $45,960 $209,860
2018 $10,566 $255,820 $45,960 $209,860
2017 $21,622 $255,820 $45,960 $209,860
2016 $21,097 $276,260 $43,650 $232,610
2015 $20,314 $276,260 $43,650 $232,610
2014 $20,314 $276,260 $43,650 $232,610
2013 $20,456 $276,260 $43,650 $232,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4067178

MLS Now

APN: 03-019075