NOT LISTED FOR SALE

18624 Geauga Lake Rd Chagrin Falls, OH 44023

Estimated Value: $454,000 - $498,327

3 Beds
2 Baths
1,811 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $250,000 $138 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,193/month

11 Days on Market

Highlights

  • 5.52 Acre Lot
  • Ranch Style House
  • Corner Lot
  • Timmons Elementary School Rated A
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of December 2019

Don't miss this great opportunity to own this equestrian ranch in the heart of Bainbridge/Solon/Aurora. All on 5.52 acres, this property features an 1800+ square foot ranch home with beautiful, updated kitchen, 3 bedrooms, 2 baths, fireplace and open floor plan. Attached is a 2-car garage. The 14-stall barn has been refurbished with newer roof, wiring, plumbing and concrete flooring. This barn features a showing room, bathroom, tack room, storage for grain, hay and a tractor bay. Attached to the barn is the recently built indoor 70x100 sand arena with lighting and skylights and fans to cool entire building. There are 5 pastures and two all-weather paddocks, all updated fencing and solar panels. This property is being sold “as is”. Seller to look at all written offers.

Last Agent to Sell the Property

Carol Maver

Deleted Agent License #417094 Listed on: 09/26/2019

Last Buyer's Agent

Sherry Rath

RE/MAX Results License #2006004377

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 1988

Lot Details

  • 5.52 Acre Lot
  • Wood Fence
  • Corner Lot
  • Unpaved Streets

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 02-216000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,719

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Year Built Exception: Actual YBT
  • Year Built: 1988
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Wall Oven, Range, Refrigerator, Smoke Detector, Washer, Water Softener
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2

Exterior Features

  • Exterior Features: Barn/Stable, Patio
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Heat Pump
  • Heating Fuel: Propane
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Association/Amenities

  • Amenities: Shopping/Mall

Schools

  • School District: Kenston LSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 5.5200
  • Parcel Number: 02-216000

Tax Info

  • Tax: 5719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Dec 3, 2019
Sold by
Krause Renee and Krause Andrew S
Bought by
Affolter David and Affolter Shelly
Seller's Agent
Carol Maver
Deleted Agent
Buyer's Agent
Sherry Rath
RE/MAX Results
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%
Current Estimated Value
$474,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,832
Avg. Annual Appreciation
11.47%
Original Mortgage
$203,500
Outstanding Balance
$186,174
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$288,658

Purchase Details

Listed on
Nov 6, 2015
Closed on
Dec 9, 2016
Sold by
Mumick Vijay
Bought by
Krause Renee
Seller's Agent
Jennifer Bernzweig
Century 21 Homestar
Buyer's Agent
August Garofoli
Deleted Agent
List Price
$269,900
Sold Price
$256,000
Premium/Discount to List
-$13,900
-5.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.80%

Purchase Details

Closed on
May 25, 2001
Sold by
Musser Joseph M
Bought by
Mumick Vijay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
7.23%

Purchase Details

Closed on
Nov 22, 1995
Sold by
Oneal William B
Bought by
Musser Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Neal William B O
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
Affolter David $250,000 None Available
Krause Renee $256,000 Bridge Title
Mumick Vijay $217,000 Erie Title Agency Inc
Musser Joseph M $215,000 --
Neal William B O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Affolter David $203,500
Previous Owner Mumick Vijay $173,600
Previous Owner Musser Joseph M $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2019 12/03/19 Sold $250,000 0.0% $138 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/03/2019 10/03/19 Off Market $250,000 -- --
09/26/2019 09/26/19 For Sale $325,000 +27.0% $179 / Sq Ft
12/20/2016 12/20/16 Sold $256,000 -5.2% $141 / Sq Ft View Prior Sale
11/28/2016 11/28/16 Pending -- -- --
11/08/2016 11/08/16 For Sale $269,900 +5.4% $149 / Sq Ft
11/06/2016 11/06/16 Off Market $256,000 -- --
11/06/2015 11/06/15 For Sale $269,900 -- $149 / 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 $8,346 $152,570 $34,930 $117,640
2023 $8,346 $152,570 $34,930 $117,640
2022 $7,037 $112,280 $29,120 $83,160
2021 $7,060 $112,280 $29,120 $83,160
2020 $7,252 $112,280 $29,120 $83,160
2019 $5,719 $82,920 $29,120 $53,800
2018 $3,464 $100,210 $29,120 $71,090
2017 $5,719 $82,920 $29,120 $53,800
2016 $5,200 $73,890 $29,120 $44,770
2015 $5,058 $73,890 $29,120 $44,770
2014 $4,625 $73,890 $29,120 $44,770
2013 $4,660 $73,890 $29,120 $44,770
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carol Maver

    Deleted Agent

    Section Image
  • Sherry Rath

    Buyer's Agent in 2019

    Sherry Rath

    RE/MAX

    (440) 708-8082

    55 Total Sales

    Sherry Rath
    Section Image

  • J

    Seller's Agent in 2016

    Jennifer Bernzweig

    Century 21 Homestar

    (330) 328-9711

    11 Total Sales

    Jennifer Bernzweig
    Section Image

  • A

    Buyer's Agent in 2016

    August Garofoli

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 4138356

MLS Now

APN: 02-216000

Ohio Geauga County Chagrin Falls 44023

18624 Geauga Lake Rd, Chagrin Falls, OH

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