NOT LISTED FOR SALE

2585 Butternut Ln Cleveland, OH 44124

Estimated Value: $739,000 - $1,037,000

5 Beds
4.5 Baths
7,035 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $721,000 $102 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,197/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Moreland Hills Elementary School Rated A
  • 1 Fireplace
  • 3 Car Attached Garage

About This Home

As of August 2023

This beautiful brick Georgian is situated on a very private cul de sac lot. The floor plan makes this home ideal for entertaining. Highlights include a stunning two-story Great Room illuminated by an abundance of natural light, and a first-floor guest suite or den as well as a first-floor library office. The updated kitchen has granite counters, stainless steel appliances, and a center island. The walkout finished lower level is expansive with a recreation/ game room, workout area, and full bath. Walk out to a luxurious in-ground pool and multiple living areas in a private lush setting. There is a circular drive and three car side entry garage. This home has so much to offer! Incredible value in a prime location! Floor plans are available.

Last Agent to Sell the Property

Cici Riley

Howard Hanna Brokerage Email: ciciriley@howardhanna.com (216) 410-3114 License #319312 Listed on: 06/29/2023

Howard Hanna

Last Buyer's Agent

Joseph Zingales

Berkshire Hathaway HomeServices Professional Realty License #2013000048

Berkshire Hathaway HomeServices Professional Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,122

Year Built

  • Built in 1979

Lot Details

  • 1.47 Acre Lot
  • South Facing Home
  • Property is Fully Fenced
  • Chain Link Fence

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Kitchen

  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 4.5 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Pepper Hills Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 871-16-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,122

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1979
  • Attribution Contact: ciciriley@howardhanna.com (216) 410-3114
  • ResoLotFeatures: Cul-De-Sac, Irregular Lot
  • ResoPoolFeatures: In Ground
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Subdivision Name: Pepper Hills Estates
  • Above Grade Finished Sq Ft: 4620.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Partially Finished, Walk-Out Access, Sump Pump
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Humidifier, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2415.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Full
  • Acres: 1.466
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: South
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orange CSD - 1823

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 871-16-023
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17122.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 8, 2023
Sold by
Ginsburg Janice R and Ginsburg Theodore R
Bought by
Vallabhaneni Taraka Prabhu and Veeravalii Lily Grace
Seller's Agent
Cici Riley
Howard Hanna
Buyer's Agent
Joseph Zingales
Berkshire Hathaway HomeServices Professional Realty
List Price
$745,000
Sold Price
$721,000
Premium/Discount to List
-$24,000
-3.22%
Views
4
Current Estimated Value
$903,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,221
Avg. Annual Appreciation
14.89%
Original Mortgage
$648,179
Outstanding Balance
$636,312
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$307,454

Purchase Details

Closed on
Jul 11, 2000
Sold by
Joshi Vinod Shankar and Joshi Manju
Bought by
Ginsburg Theodore R and Ginsburg Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 24, 2000
Sold by
The Joshi Family Partnership Ltd
Bought by
Joshi Vinod Shankar and Joshi Manju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
8.55%

Purchase Details

Closed on
Jun 14, 1979
Sold by
Barna Ivan
Bought by
Joshi Vinod

Purchase Details

Closed on
Oct 19, 1977
Bought by
Sandor Andrew E

Purchase Details

Closed on
Jan 1, 1977
Bought by
Sunrise Dev Co Etal
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
Vallabhaneni Taraka Prabhu $721,000 Title Professional
Ginsburg Theodore R $655,000 Executive Title Agency Corp
Joshi Vinod Shankar -- --
Joshi Vinod $68,000 --
Barna Ivan -- --
Sandor Andrew E $130,000 --
Sunrise Dev Co Etal -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallabhaneni Taraka Prabhu $648,179
Previous Owner Ginsburg Theodore R $326,500
Previous Owner Ginsburg Theodore R $230,000
Previous Owner Ginsburg Theodore R $200,108
Previous Owner Ginsburg Theodore R $200,000
Previous Owner Ginsburg Theodore R $152,000
Previous Owner Ginsburg Theodore R $526,000
Previous Owner Ginsburg Theodore R $75,000
Previous Owner Ginsburg Theodore R $524,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $721,000 -3.2% $102 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $745,000 -- $106 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $14,509 $257,250 $51,170 $206,080
2023 $17,093 $254,660 $58,100 $196,560
2022 $17,122 $254,660 $58,100 $196,560
2021 $16,949 $254,660 $58,100 $196,560
2020 $17,048 $238,000 $54,290 $183,720
2019 $16,491 $680,000 $155,100 $524,900
2018 $16,574 $238,000 $54,290 $183,720
2017 $16,953 $234,820 $53,480 $181,340
2016 $16,760 $234,820 $53,480 $181,340
2015 $17,242 $234,820 $53,480 $181,340
2014 $17,242 $234,820 $53,480 $181,340
Source: Public Records

Agents Affiliated with this Home

  • Cici Riley

    Seller's Agent in 2023

    Cici Riley

    Howard Hanna

    (216) 831-9310

    15 in this area

    92 Total Sales

    Cici Riley
    Section Image
  • Joseph Zingales

    Buyer's Agent in 2023

    Joseph Zingales

    Berkshire Hathaway HomeServices Professional Realty

    (440) 346-2031

    2 in this area

    730 Total Sales

    Joseph Zingales
    Section Image
  • Sarah Hernandez

    Buyer Co-Listing Agent in 2023

    Sarah Hernandez

    Berkshire Hathaway HomeServices Professional Realty

    (440) 813-5762

    1 in this area

    49 Total Sales

    Sarah Hernandez
    Section Image
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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4470187

MLS Now (Howard Hanna)

APN: 871-16-023

Ohio Cuyahoga County Cleveland 44124

2585 Butternut Ln, Cleveland, OH

This home is located at 2585 Butternut Ln, Cleveland, OH 44124 since 29 June 2023 and is currently estimated at $903,221, approximately $128 per square foot. This property was built in 1979. 2585 Butternut Ln is a home located in Cuyahoga County with nearby schools including Moreland Hills Elementary School, Ballard Brady Middle School, and Orange High 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.

MLS Now (Howard Hanna) 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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