NOT LISTED FOR SALE

16729 Fernway Rd Cleveland, OH 44120

Estimated Value: $482,000 - $549,555

4 Beds
3.5 Baths
2,644 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $475,000 $180 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,699/month

3 Days on Market

Highlights

  • Medical Services
  • Colonial Architecture
  • 2 Fireplaces
  • Fernway Elementary School Rated A-
  • Deck
  • Tennis Courts

About This Home

As of August 2023

Welcome to the Fernway neighborhood of Shaker Heights, a picturesque & vibrant residential area known for its beautiful homes, tree-lined streets, and strong sense of community. Nestled within the heart of Fernway is this stunning 4 bed, 3.5 bath brick colonial showcasing classic details and modern conveniences. Gleaming wood floors welcome you to the foyer and flow through the entire home. A formal living room has beautiful built-ins that outline the wood burning stove. The kitchen features white Shaker style cabinets, soapstone counters & newer stainless steel appliances with cooktop & double ovens. Walk through to the dining room that has plenty of space for a large table & french doors leading to the family room. Windows throughout & 9’ ceilings keep the main floor filled with natural light. Off of the back of the home is an entryway with a mudroom & arrival center. On the second floor, a generous primary suite has a fireplace, double closets and an updated ensuite bathroom. Bedrooms 2 & 3 share a Jack-and-Jill bathroom with one of the bedrooms having access to a rooftop deck with a spiral staircase leading to the lower level paver patio. The third floor has a bedroom with a full bathroom making it perfect for a guest suite. Downstairs, the basement is partially finished with a recreation area, laundry room, and unfinished area for storage. Central air was added to this home for comfort. Come see today!

Last Agent to Sell the Property

Brian Salem

EXP Realty, LLC. License #2002000786 Listed on: 07/06/2023

EXP Realty, LLC.

Last Buyer's Agent

Karen Eagle

Elite Sotheby's International Realty License #2011002668

Elite Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x152
  • South Facing Home
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 732-31-010

Community Details

Overview

  • Fernway Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: South
  • Price Per Square Foot: 202.65
  • Estimated Price per Sq Ft: 202.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 2344
  • Year Built: 1929
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (216) 244-2549
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1929

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Smoke Detector, Wall Oven, Washer
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2344.00
  • Sq Ft Approx Below Grade Finished: 300.00
  • Sq Ft Approx Total Finished: 2644.00

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck, Patio
  • Fences: Full
  • Roof: Slate

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Community, Medical Service, Park, Shopping/Mall, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Fernway

Schools

  • School District: Shaker Heights CSD

Lot Info

  • Lot Dimensions: 50x152
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 732-31-010
  • LandLeaseYN: No

Tax Info

  • Tax: 12007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Oct 10, 2023
Sold by
Hammer Lindsay P
Bought by
Gehring Cameron C
Seller's Agent
Brian Salem
EXP Realty, LLC.
Buyer's Agent
Karen Eagle
Elite Sotheby's International Realty
List Price
$475,000
Sold Price
$475,000
Views
32
Current Estimated Value
$505,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,389
Avg. Annual Appreciation
2.85%
Original Mortgage
$421,000
Outstanding Balance
$412,721
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$92,668

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 4, 2023
Sold by
Santin Teresa G and Santin Daniel T
Bought by
Gehring Cameron C and Hammer Lindsay P
Seller's Agent
Brian Salem
EXP Realty, LLC.
Buyer's Agent
Karen Eagle
Elite Sotheby's International Realty
List Price
$475,000
Sold Price
$475,000
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2016
Closed on
May 3, 2016
Sold by
Golden Alex B and Lee Elizabeth H
Bought by
Smith Teresa G and Carcippole Daniel T
Seller's Agent
Cathy LeSueur
Howard Hanna
Buyer's Agent
Brian Salem
EXP Realty, LLC.
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$280,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Kogut Jennifer C and Lewis John Q
Bought by
Golden Alex B and Lee Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1998
Sold by
Kronenberg Jacob A H and Kronenberg Janet L
Bought by
Lewis John Q and Kogut Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.27%

Purchase Details

Closed on
Jun 23, 1986
Sold by
Griffith Betty A
Bought by
Kronenberg Jacob A H

Purchase Details

Closed on
Jul 1, 1981
Sold by
Griffith Fred J and Griffith Betty A
Bought by
Griffith Betty A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Griffith Fred J and Griffith Betty A
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
Gehring Cameron C -- Chicago Title
Gehring Cameron C $475,000 Ohio Real Title
Smith Teresa G $330,000 Cleveland Home Title
Golden Alex B $315,000 Ohio Real
Lewis John Q -- --
Lewis John Q $233,000 --
Kronenberg Jacob A H $102,000 --
Griffith Betty A -- --
Griffith Betty A -- --
Griffith Fred J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gehring Cameron C $421,000
Previous Owner Gehring Cameron C $403,750
Previous Owner Smith Teresa G $280,500
Previous Owner Golden Alex B $252,000
Previous Owner Golden Alex B $31,500
Previous Owner Lewis John Q $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $475,000 0.0% $180 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $475,000 +43.9% $180 / Sq Ft
05/04/2016 05/04/16 Sold $330,000 +1.5% $141 / Sq Ft View Prior Sale
03/11/2016 03/11/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $325,000 -- $139 / 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 $12,645 $142,240 $22,575 $119,665
2023 $12,379 $110,220 $18,380 $91,840
2022 $12,007 $314,900 $52,500 $262,400
2021 $11,965 $110,220 $18,380 $91,840
2020 $11,898 $103,010 $17,190 $85,820
2019 $11,726 $294,300 $49,100 $245,200
2018 $5,830 $101,820 $17,190 $84,630
2017 $10,857 $90,130 $15,610 $74,520
2016 $10,421 $90,130 $15,610 $74,520
2015 $10,406 $90,130 $15,610 $74,520
2014 $9,832 $81,940 $14,180 $67,760
Source: Public Records

Agents Affiliated with this Home

  • Brian Salem

    Seller's Agent in 2023

    Brian Salem

    EXP Realty, LLC.

    (216) 244-2549

    3 in this area

    515 Total Sales

    Brian Salem
    Section Image
  • Karen Eagle

    Buyer's Agent in 2023

    Karen Eagle

    Elite Sotheby's International Realty

    (216) 352-4700

    18 in this area

    348 Total Sales

    Karen Eagle
    Section Image
  • Kelsey Wolf

    Buyer Co-Listing Agent in 2023

    Kelsey Wolf

    Elite Sotheby's International Realty

    (216) 509-9624

    8 in this area

    49 Total Sales

    Kelsey Wolf
    Section Image
  • Cathy LeSueur

    Seller's Agent in 2016

    Cathy LeSueur

    Howard Hanna

    (216) 355-7005

    135 in this area

    275 Total Sales

    Cathy LeSueur
    Section Image
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Map

Source: MLS Now

MLS Number: 4472301

MLS Now

APN: 732-31-010

Ohio Cuyahoga County Cleveland 44120

16729 Fernway Rd, Cleveland, OH

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