NOT LISTED FOR SALE

16817 Fernway Rd Cleveland, OH 44120

Estimated Value: $448,000 - $517,000

4 Beds
3.5 Baths
3,237 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $410,000 $127 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,644/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Patio
  • Fernway Elementary School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

Move right into this charming, updated colonial in the Fernway neighborhood of Shaker Heights! This exceptional home was completely redone just a few years ago and features 4 bedrooms, 3.5 baths, spacious living areas, and high-quality finishes throughout! The front door opens into a welcoming foyer, with a half bath on your right and the living room to your left. The living room features an elegant fireplace, built in shelving, and refinished hardwood floors that run throughout the first floor of the home. The living room connects to the dining area of the open-plan kitchen. Here you will find a nice bay window and a breakfast bar. The kitchen boasts granite countertops, stainless steel appliances, a wine rack, trendy lighting, and an abundance of high quality cabinetry. At the back of the house is a bright and inviting family room with a tray ceiling and sliding doors that open to the back patio. There are 3 bedrooms and 2 full bathrooms on the second floor including a fabulous owners suite. Here you will find a walk-in closet plus a beautiful ensuite bath that features a double sink vanity with a marble top. A laundry closet with a newer washer and dryer is located off of the second floor hallway. The third floor includes another bedroom, a large storage closet, and third full bath. Plus, the partially-finished lower level provides even more living space! Conveniently located just minutes away from schools, parks, and all of your shopping needs. Don't miss this one!

Last Agent to Sell the Property

Terry Young

Keller Williams Greater Metropolitan License #237938 Listed on: 11/05/2021

Keller Williams Greater Metropolitan

Last Buyer's Agent

Chelsea Wolkoff

Howard Hanna License #2020008857

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 7,649 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Van Sweringen Companys Community

Listing and Financial Details

  • Assessor Parcel Number 732-31-014

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 157.09
  • Estimated Price per Sq Ft: 157.09
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 2610
  • Year Built: 1928
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1928

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Partial, Partially Finished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2610.00
  • Sq Ft Approx Below Grade Finished: 627.00
  • Sq Ft Approx Total Finished: 3237.00

Exterior Features

  • Exterior: Brick, Wood
  • Exterior Features: Patio
  • Fences: Full, Wood
  • Roof: Asphalt/Fiberglass

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: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Van Sweringen Companys

Schools

  • School District: Shaker Heights CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1756
  • Parcel Number: 732-31-014

Tax Info

  • Tax: 13729

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 31, 2021
Sold by
Gherlein Matthew J and Gherlein Christina M
Bought by
Shankman Mark and Katz Mara
Seller's Agent
Terry Young
Keller Williams Greater Metropolitan
Buyer's Agent
Chelsea Wolkoff
Howard Hanna
List Price
$389,900
Sold Price
$410,000
Premium/Discount to List
$20,100
5.16%
Current Estimated Value
$493,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,675
Avg. Annual Appreciation
5.00%
Original Mortgage
$389,500
Outstanding Balance
$359,020
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$134,655

Purchase Details

Listed on
Aug 16, 2017
Closed on
Sep 21, 2017
Sold by
3056 Chadborne Rd Llc
Bought by
Gherlein Matthew J and Macdonald Christina M
Seller's Agent
David Aronovich
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Patricia Bourne
EXP Realty, LLC.
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$230,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2017
Closed on
Feb 24, 2017
Sold by
Krasovec Frank C
Bought by
3056 Chadbourne Rd Llc
Seller's Agent
Sally Messinger
Howard Hanna
Buyer's Agent
David Aronovich
HomeSmart Real Estate Momentum LLC
List Price
$75,000
Sold Price
$98,800
Premium/Discount to List
$23,800
31.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
845.93%

Purchase Details

Closed on
Mar 27, 2003
Sold by
Berggren Betty Jo
Bought by
Berggren Linda Jo

Purchase Details

Closed on
Jan 1, 1975
Bought by
Berggren Gilbert M and Berggren Bette J
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
Shankman Mark $410,000 Barrister Title
Gherlein Matthew J $340,000 Revere Title
3056 Chadbourne Rd Llc $98,800 None Available
Berggren Linda Jo -- --
Berggren Gilbert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shankman Mark $389,500
Previous Owner Gherlein Matthew J $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2022 01/04/22 Sold $410,000 +5.2% $127 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $389,900 +14.7% $120 / Sq Ft
09/25/2017 09/25/17 Sold $340,000 -2.8% $121 / Sq Ft View Prior Sale
08/20/2017 08/20/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $349,900 +254.1% $125 / Sq Ft
03/07/2017 03/07/17 Sold $98,800 +31.7% $58 / Sq Ft View Prior Sale
02/06/2017 02/06/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $75,000 -- $44 / 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 $12,721 $140,000 $22,610 $117,390
2023 $14,609 $127,330 $18,410 $108,920
2022 $13,851 $127,330 $18,410 $108,920
2021 $13,803 $127,330 $18,410 $108,920
2020 $13,729 $119,000 $17,220 $101,780
2019 $13,531 $340,000 $49,200 $290,800
2018 $10,083 $119,000 $17,220 $101,780
2017 $8,075 $65,210 $15,610 $49,600
2016 $6,566 $65,210 $15,610 $49,600
2015 $6,105 $65,210 $15,610 $49,600
2014 $6,105 $59,300 $14,180 $45,120
Source: Public Records

Agents Affiliated with this Home

  • Terry Young

    Seller's Agent in 2022

    Terry Young

    Keller Williams Greater Metropolitan

    (216) 378-9618

    46 in this area

    1,549 Total Sales

    Terry Young
    Section Image
  • Chelsea Wolkoff

    Buyer's Agent in 2022

    Chelsea Wolkoff

    Howard Hanna

    (216) 789-6593

    2 in this area

    19 Total Sales

    Chelsea Wolkoff
    Section Image

  • D

    Seller's Agent in 2017

    David Aronovich

    HomeSmart Real Estate Momentum LLC

    (216) 256-5903

    3 in this area

    92 Total Sales

    David Aronovich
    Section Image
  • Sally Messinger

    Seller's Agent in 2017

    Sally Messinger

    Howard Hanna

    (216) 240-9911

    43 in this area

    123 Total Sales

    Sally Messinger
    Section Image
  • Patricia Bourne

    Buyer's Agent in 2017

    Patricia Bourne

    EXP Realty, LLC.

    (440) 247-3707

    2 in this area

    91 Total Sales

    Patricia Bourne
    Section Image
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Map

Source: MLS Now

MLS Number: 4330125

MLS Now

APN: 732-31-014

Ohio Cuyahoga County Cleveland 44120

16817 Fernway Rd, Cleveland, OH

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