NOT LISTED FOR SALE

16601 Fernway Rd Cleveland, OH 44120

Estimated Value: $410,000 - $420,835

4 Beds
5 Baths
2,741 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $260,145 $95 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,017/month

150 Days on Market

Highlights

  • 0.44 Acre Lot
  • Colonial Architecture
  • 2 Car Attached Garage
  • Fernway Elementary School Rated A-
  • 3 Fireplaces
  • Patio

About This Home

As of May 2020

Sited on a fabulous lot, this brick colonial has amazing space and a truly wonderful floor plan. This outstanding home has incredible features including an attached garage, central-air, and a gourmet kitchen! The gracious living room has a handsome fireplace mantel and opens into the formal dining room which provides an excellent flow for entertaining. Off of the dining room is a huge family room which is perfect for family gatherings. The updated center-island kitchen is a cooks dream and has abundant cabinetry and an eating area. In addition, there is a lovely private library and two powder rooms on the first floor. The expansive second floor has 4 huge bedrooms and two updated bathrooms including a master suite with a fabulous dressing area and closet space. There is also a finished basement recreation room! This home has been lovingly maintained and offers incredible amenities!! Additional vacant lot is included in price and taxes.

Last Agent to Sell the Property

Adam Kaufman

Howard Hanna License #351481 Listed on: 11/06/2019

Howard Hanna

Last Buyer's Agent

Nikki Konstand Relic

RE/MAX Crossroads Properties License #381184

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 130x151
  • South Facing Home

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 2,741 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Vansweringen Companys 17 Community

Listing and Financial Details

  • Assessor Parcel Number 732-31-001

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: South
  • Price Per Square Foot: 94.91
  • Estimated Price per Sq Ft: 94.91
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2741
  • Year Built: 1951
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Microwave, Wall Oven, Refrigerator, Washer
  • Fireplaces: 3
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Room Count: 10
  • Basement Detail: Crawl, Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 2741.00
  • Sq Ft Approx Total Finished: 2741.00

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Patio
  • Roof: Tile

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, 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: Vansweringen Companys 17

Schools

  • School District: Shaker Heights CSD

Lot Info

  • Lot Dimensions: 130x151
  • Additional Assessor Parcel Number 1: 732-31-037
  • Lot Size Units: Acres
  • Acres: 0.4400
  • Parcel Number: 732-31-001

Tax Info

  • Tax: 10322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
May 27, 2020
Sold by
Markus Robert D and Markus Lynn G
Bought by
Allen Brian and Allen Katy
Seller's Agent
Adam Kaufman
Howard Hanna
Buyer's Agent
Nikki Konstand Relic
RE/MAX Crossroads Properties
List Price
$305,000
Sold Price
$260,145
Premium/Discount to List
-$44,855
-14.71%
Current Estimated Value
$416,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,064
Avg. Annual Appreciation
9.08%
Original Mortgage
$260,145
Outstanding Balance
$230,599
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$185,610

Purchase Details

Closed on
May 6, 2015
Sold by
Markus Robert D and Markus Lynn G
Bought by
Markus Robert D and Markus Lynn G

Purchase Details

Closed on
Jan 1, 1975
Bought by
Markus Robert D
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
Allen Brian $260,145 American Land Title
Markus Robert D -- None Available
Markus Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Brian $260,145
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $260,145 -10.3% $95 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
02/11/2020 02/11/20 Price Changed $289,900 -5.0% $106 / Sq Ft
11/25/2019 11/25/19 For Sale $305,000 +17.2% $111 / Sq Ft
11/20/2019 11/20/19 Off Market $260,145 -- --
11/20/2019 11/20/19 For Sale $305,000 -- $111 / 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 $10,054 $111,895 $27,125 $84,770
2023 $9,263 $81,870 $22,580 $59,290
2022 $9,022 $81,870 $22,580 $59,290
2021 $8,992 $81,870 $22,580 $59,290
2020 $9,303 $88,590 $21,110 $67,480
2019 $9,169 $253,100 $60,300 $192,800
2018 $9,222 $88,590 $21,110 $67,480
2017 $9,169 $84,250 $19,180 $65,070
2016 $8,804 $84,250 $19,180 $65,070
2015 -- $84,250 $19,180 $65,070
2014 -- $76,580 $17,430 $59,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4148149

MLS Now

APN: 732-31-001