NOT LISTED FOR SALE

2524 Medina Line Rd Richfield, OH 44286

Estimated Value: $1,526,964

4 Beds
5 Baths
4,200 Sq Ft
$364/Sq Ft Est. Value

Last Sold July 01, 2023

Last sale price $1,250,000 $298 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,080/month

Highlights

  • Horse Property
  • View of Trees or Woods
  • Colonial Architecture
  • Richfield Elementary School Rated A-
  • 16.77 Acre Lot
  • Deck

About This Home

As of July 2023

Sold - entered for comparable purposes. Gorgeous Classic Colonial displays the flair of the classic character and charm of the old world Georgian Colonials with high ceilings and exceptional woodwork. Situated on nearly 17 acres with 700 foot frontage on the Hinckley Reservation's Bridal Trail - enjoy miles of beautiful scenery on the trail straight out of the horse barn and 200x70 arena. Barn features tack room, 6 stalls, heated viewing room, bath, laundry, wash room and more.

Last Agent to Sell the Property

Jennifer R. Burke

Coldwell Banker Schmidt Realty License #2007001064 Listed on: 05/01/2023

Coldwell Banker Schmidt Realty

Last Buyer's Agent

Jennifer R. Burke

Coldwell Banker Schmidt Realty License #2007001064 Listed on: 05/01/2023

Coldwell Banker Schmidt Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,602

Year Built

  • Built in 1999

Lot Details

  • 16.77 Acre Lot
  • Unpaved Streets

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Horse Property
  • Deck
  • Patio
  • Shed
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4800060

Community Details

Overview

  • Richfield 02 Community

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,602

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 297.62
  • Estimated Price per Sq Ft: 297.62
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4200
  • Year Built: 1999
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1999

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Room Count: 11
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry On Main: 1
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 4200.00
  • Sq Ft Approx Total Finished: 4200.00

Exterior Features

  • View: Wooded
  • Exterior: Brick, Vinyl
  • Exterior Features: Barn/Stable, Deck, Outbuilding, Patio, Porch, Shed
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Detached
  • Garage Num Of Cars: 3

Utilities

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

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Richfield 02

Schools

  • School District: Revere LSD
  • School District: Revere LSD

Lot Info

  • Lot Description: Horse Property
  • Lot Size Units: Acres
  • Acres: 16.7700
  • Parcel Number: 4800060
  • LandLeaseYN: No

Tax Info

  • Tax: 11602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
May 22, 2023
Sold by
Kovach Martin J and Kovach Tracy R
Bought by
Stout Alison
Seller's Agent
Jennifer R. Burke
Coldwell Banker Schmidt Realty
Buyer's Agent
Jennifer R. Burke
Coldwell Banker Schmidt Realty
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,526,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,964
Avg. Annual Appreciation
9.30%
Original Mortgage
$700,000
Outstanding Balance
$677,165
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$849,799

Purchase Details

Listed on
May 1, 2023
Closed on
May 19, 2023
Sold by
Kovach Martin J and Kovach Tracy R
Bought by
Stout Alison
Seller's Agent
Jennifer R. Burke
Coldwell Banker Schmidt Realty
Buyer's Agent
Jennifer R. Burke
Coldwell Banker Schmidt Realty
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$677,165
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$849,799

Purchase Details

Listed on
Dec 21, 2011
Closed on
Mar 29, 2012
Sold by
Crowin Elaine J and Corwin Robert
Bought by
Kovach Martin J and Strobel Tracy R
Seller's Agent
Candi Nelson
Deleted Agent
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$749,900
Sold Price
$500,000
Premium/Discount to List
-$249,900
-33.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Stout Alison $1,250,000 Signature Title
Stout Alison $1,250,000 Signature Title
Kovach Martin J $500,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stout Alison $700,000
Closed Stout Alison $700,000
Previous Owner Kovach Martin J $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2023 07/01/23 Sold $1,250,000 0.0% $298 / Sq Ft
05/01/2023 05/01/23 For Sale $1,250,000 +150.0% $298 / Sq Ft
03/30/2012 03/30/12 Sold $500,000 -33.3% $146 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $749,900 -- $219 / 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
2025 $11,822 $288,190 $72,191 $215,999
2024 $11,822 $231,389 $27,710 $203,679
2023 $11,822 $231,389 $27,710 $203,679
2022 $11,185 $189,351 $19,310 $170,041
2021 $11,204 $189,351 $19,310 $170,041
2020 $10,762 $189,350 $19,310 $170,040
2019 $8,493 $140,050 $18,880 $121,170
2018 $8,411 $140,050 $18,880 $121,170
2017 $7,672 $140,050 $18,880 $121,170
2016 $7,974 $126,250 $21,940 $104,310
2015 $7,672 $126,250 $21,940 $104,310
2014 $7,601 $126,250 $21,940 $104,310
2013 $7,347 $129,830 $17,540 $112,290
Source: Public Records

Agents Affiliated with this Home

  • Jennifer R. Burke

    Seller's Agent in 2023

    Jennifer R. Burke

    Coldwell Banker Schmidt Realty

    (216) 905-8240

    1 in this area

    58 Total Sales

    Jennifer R. Burke
    Section Image

  • C

    Seller's Agent in 2012

    Candi Nelson

    Deleted Agent

    Section Image
  • Greg Erlanger

    Buyer's Agent in 2012

    Greg Erlanger

    Keller Williams Citywide

    (440) 892-2211

    3 in this area

    3,795 Total Sales

    Greg Erlanger
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4474393

MLS Now

APN: 48-00060

Ohio Summit County Richfield 44286

2524 Medina Line Rd, Richfield, OH

This home is located at 2524 Medina Line Rd, Richfield, OH 44286 since 01 May 2023 and is currently estimated at $1,526,964, approximately $363 per square foot. This property was built in 1999. 2524 Medina Line Rd is a home located in Summit County with nearby schools including Richfield Elementary School, Bath Elementary School, and Revere Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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