Seller's Agent in 2022
Terry Young
Keller Williams Greater Metropolitan
(216) 378-9618
15 in this area
1,687 Total Sales
27 S Main St Chagrin Falls, OH 44022
Estimated Value: $612,834
6
Beds
2
Baths
1,776
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Gurney Elementary School Rated A
- Laundry Facilities
About This Home
As of June 2022Rare opportunity to own a mixed-use commercial / residential property in the heart of downtown Chagrin Falls! Located in the middle of all the village has to offer, this unique property includes two rentable units, ideal for a business, long or short term rental, an Airbnb, or live in it as a full residential home! Plus, there is a 9-spot parking lot exclusive to this building! The first floor unit includes four spacious rooms, a sunroom, a kitchen, and a full bathroom. The second floor unit includes a kitchen, three bedrooms, and a full bathroom. One bedroom could also be used as a living area and steps out to a lovely terrace with views of the village. The third floor could easily be finished into a sleeping loft, additional retail space, or used as storage. The lower level was recently fully waterproofed (Sept. 2021) and includes a laundry area and plenty of storage space. Other recent improvements include a 2016 furnace, new windows in 2017, parking lot paving in 2017, and a new air conditioner in 2020. Located just up the street from Chagrin Falls Waterfall, this property is right in the midst of popular restaurants, boutiques, and nightlife destinations in the historic Chagrin Falls Village. Do not miss this chance to own this excellent investment and income producer with a strong rental history!
Last Agent to Sell the Property
Keller Williams Greater Metropolitan License #237938 Listed on: 01/24/2022
Last Buyer's Agent
Berkshire Hathaway HomeServices Professional Realty License #2005006382
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,074
Year Built
- Built in 1890
Lot Details
- 6,839 Sq Ft Lot
Home Design
- Asphalt Roof
Interior Spaces
- 1,776 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 932-17-025
Community Details
Overview
- 2 Units
- Gardner & Hallocks Community
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2025
Sold by
Fant Joshua
Bought by
Lord Of The Falls Llc
Current Estimated Value
Purchase Details
Listed on
Jan 24, 2022
Closed on
Jun 23, 2022
Sold by
27 South Main Street Llc
Bought by
Fant Joshua
Seller's Agent
Terry Young
Keller Williams Greater Metropolitan
Buyer's Agent
Seth Task
Berkshire Hathaway HomeServices Professional Realty
List Price
$649,999
Sold Price
$525,000
Premium/Discount to List
-$124,999
-19.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$393,750
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2012
Sold by
Russo Tamara Lynn
Bought by
27 South Main St Llc
Purchase Details
Closed on
Sep 1, 2006
Sold by
Sheehan Judith J
Bought by
Russo Tamara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
6.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 6, 1998
Sold by
Bender Cynthia
Bought by
Sheehan Judith J
Purchase Details
Closed on
Jan 14, 1998
Sold by
Chapic Mark C
Bought by
Bender Cynthia
Purchase Details
Closed on
Dec 14, 1995
Sold by
Sihler Herbert A
Bought by
Chapic Mark C
Purchase Details
Closed on
Aug 28, 1989
Bought by
Sihler Herbert A
Purchase Details
Closed on
May 7, 1984
Sold by
Edwin G Yeaser
Bought by
Jones David R - Trustee
Purchase Details
Closed on
Nov 16, 1978
Sold by
Yeaser Edwin G and Yeaser Bertha
Bought by
Edwin G Yeaser
Purchase Details
Closed on
Jan 1, 1975
Bought by
Yeaser Edwin G and Yeaser Bertha
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lord Of The Falls Llc | -- | None Listed On Document | |
| Fant Joshua | $525,000 | None Listed On Document | |
| 27 South Main St Llc | -- | Progressive | |
| Russo Tamara | $370,000 | Progressive | |
| Sheehan Judith J | $315,000 | Midland Title Security Inc | |
| Bender Cynthia | $245,000 | Midland Title Security Inc | |
| Chapic Mark C | $229,000 | -- | |
| Sihler Herbert A | $200,000 | -- | |
| Jones David R - Trustee | $89,000 | -- | |
| Edwin G Yeaser | -- | -- | |
| Yeaser Edwin G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fant Joshua | $393,750 | |
| Previous Owner | Russo Tamara | $277,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $525,000 | -6.1% | $296 / Sq Ft |
| 05/09/2022 05/09/22 | Pending | -- | -- | -- |
| 04/29/2022 04/29/22 | Price Changed | $559,000 | -6.7% | $315 / Sq Ft |
| 04/08/2022 04/08/22 | Price Changed | $599,000 | -7.8% | $337 / Sq Ft |
| 01/24/2022 01/24/22 | For Sale | $649,999 | -- | $366 / Sq Ft |
Source: MLS Now
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 | $15,874 | $183,750 | $71,785 | $111,965 |
| 2024 | $15,892 | $183,750 | $71,785 | $111,965 |
| 2023 | $12,630 | $131,430 | $71,790 | $59,640 |
| 2022 | $13,000 | $131,430 | $71,790 | $59,640 |
| 2021 | $13,074 | $131,430 | $71,790 | $59,640 |
| 2020 | $13,644 | $131,430 | $71,790 | $59,640 |
| 2019 | $13,288 | $375,500 | $205,100 | $170,400 |
| 2018 | $11,172 | $131,430 | $71,790 | $59,640 |
| 2017 | $9,846 | $95,310 | $35,210 | $60,100 |
| 2016 | $9,124 | $95,310 | $35,210 | $60,100 |
| 2015 | $9,929 | $95,310 | $35,210 | $60,100 |
| 2014 | $9,929 | $103,600 | $38,290 | $65,310 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Young
-
Seth Task
Buyer's Agent in 2022
Seth Task
Berkshire Hathaway HomeServices Professional Realty
(216) 970-0035
6 in this area
535 Total Sales
Map
Source: MLS Now
MLS Number: 4345205
APN: 932-17-025
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