NOT LISTED FOR SALE

16506 Fernway Rd Cleveland, OH 44120

Estimated Value: $393,000 - $411,976

4 Beds
3.5 Baths
2,843 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $255,000 $90 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,879/month

94 Days on Market

Highlights

  • 0.47 Acre Lot
  • Colonial Architecture
  • Enclosed Patio or Porch
  • Onaway Elementary School Rated A-
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of August 2020

Trifecta! Remodeled * Huge Spaces * Location * From the Front Porch through to the Enclosed Sun Room this Shaker Heights Beauty offers so Much! More Gathering and Living Spaces than this home appears to have. As you enter, the Bright, Natural Light shows off the oversized Living Room with HDWD Floors that lead upstairs to the four Spacious Bedrooms. Enjoy cooking your favorite recipes in the Eat-In Kitchen with SS Appliances, Gorgeous Quartz Countertops lined with Beautiful White Cabinets with soft close drawers, Back Splash and Butcher Block Island that is moveable and perfect for extra storage. Cozy up to the Breakfast Bar with your Fresh Cup of coffee to kick start your day then unwind with a Glass of Wine while relaxing in the Family Room with Bar Area and Wine Fridge. Head through the sliding glass doors to watch the sunset from the Enclosed Porch overlooking the huge yard with Fenced Area. Luxury Vinyl Flooring greets you in the Entry, Dining Room, Eat in Kitchen and Family Room. Master Bedroom features one of the 4 Updated Bathrooms. Great Rec Room Possibilities with Full Bathroom adds even more livable space that can be a Media Room, Work Out Room, Play Area or Man Cave! Plus First Floor Laundry Room, Attached Garage, Newer Furnace, C/A, HWT and Roof! So much more - Beautiful Finishes Throughout!

Last Agent to Sell the Property

Jennifer Allen

Keller Williams Greater Cleveland Northeast License #2003014671 Listed on: 03/19/2020

Keller Williams Greater Cleveland Northeast

Co-Listed By

Erin Russ

Keller Williams Greater Cleveland Northeast License #2018002889

Last Buyer's Agent

Geoffrey Hoffman

Howard Hanna License #2013004421

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 125x165
  • North Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Chain Link Fence
  • Corner Lot

Home Design

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

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • Van Sweringen Cos 16 Community

Listing and Financial Details

  • Assessor Parcel Number 735-05-022

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 126.36
  • Estimated Price per Sq Ft: 126.36
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2018
  • Year Built: 1964
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1964

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Sump Pump
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 15
  • Basement Detail: Full, Partially Finished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2018.00
  • Sq Ft Approx Below Grade Finished: 825.00
  • Sq Ft Approx Total Finished: 2843.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Enclosed Patio/Porch, Patio
  • Fences: Chain Link, Partial, Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Drain, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Van Sweringen Cos 16

Schools

  • School District: Shaker Heights CSD

Lot Info

  • Lot Dimensions: 125x165
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.4697
  • Parcel Number: 735-05-022

Tax Info

  • Tax: 8394

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Aug 11, 2020
Sold by
Russ Eric and Russ Erin Lee
Bought by
Shea Susan
Seller's Agent
Jennifer Allen
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Geoffrey Hoffman
Howard Hanna
List Price
$299,900
Sold Price
$255,000
Premium/Discount to List
-$44,900
-14.97%
Current Estimated Value
$401,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,494
Avg. Annual Appreciation
9.10%
Original Mortgage
$229,500
Outstanding Balance
$203,583
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$197,911

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 28, 2019
Sold by
Fellows Kevin M and Fellows Helene M
Bought by
Russ Eric
Seller's Agent
Lisa Sisko
Keller Williams Greater Metropolitan
Buyer's Agent
Mark Mc Guire
Parkview Realty Group Ltd
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.30%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Johnson Gregory P and Andrew Johnson H
Bought by
Fellows Kevin M and Fellows Helene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,815
Interest Rate
7.27%

Purchase Details

Closed on
Oct 2, 2000
Sold by
Johnson Gregory Paul and Johnson Andrea L
Bought by
Johnson H Andrew

Purchase Details

Closed on
Aug 18, 2000
Sold by
Johnson H Andrew
Bought by
Johnson Gregory Paul and Johnson Andrea L

Purchase Details

Closed on
Apr 7, 1999
Sold by
Johnson Gwendolyn G
Bought by
Johnson H Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.58%

Purchase Details

Closed on
Aug 2, 1982
Sold by
Johnson Gwendolyn G
Bought by
Gwendolyn G Johnson

Purchase Details

Closed on
Jan 1, 1975
Bought by
Johnson Gwendolyn G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shea Susan $255,000 Title Professional Group Ltd
Russ Eric $165,000 Greater Cleveland Title Llc
Fellows Kevin M $189,500 Insignia Title Agency Ltd
Johnson H Andrew -- --
Johnson Gregory Paul -- --
Johnson H Andrew -- U S Title Agency
Gwendolyn G Johnson -- --
Johnson Gwendolyn G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shea Susan $229,500
Previous Owner Fellows Kevin M $183,815
Previous Owner Johnson H Andrew $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2020 08/12/20 Sold $255,000 -1.9% $90 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
05/23/2020 05/23/20 Price Changed $259,900 -3.7% $91 / Sq Ft
05/14/2020 05/14/20 Price Changed $269,900 -3.6% $95 / Sq Ft
04/14/2020 04/14/20 Price Changed $279,900 -6.7% $98 / Sq Ft
03/19/2020 03/19/20 For Sale $299,900 +81.8% $105 / Sq Ft
05/28/2019 05/28/19 Sold $165,000 -8.3% $82 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $179,900 -- $89 / 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 $9,208 $100,800 $36,925 $63,875
2023 $8,563 $74,900 $31,360 $43,540
2022 $8,390 $74,900 $31,360 $43,540
2021 $8,362 $74,900 $31,360 $43,540
2020 $8,272 $70,000 $29,300 $40,710
2019 $8,346 $200,000 $83,700 $116,300
2018 $8,394 $70,000 $29,300 $40,710
2017 $8,424 $66,820 $26,570 $40,250
2016 $8,100 $66,820 $26,570 $40,250
2015 $8,179 $66,820 $26,570 $40,250
2014 $8,179 $60,730 $24,150 $36,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4176989

MLS Now

APN: 735-05-022