Seller's Agent in 2022
Terry Young
Keller Williams Greater Metropolitan
(216) 378-9618
1,806 Total Sales
27 S Main St Chagrin Falls, OH 44022
Estimated Value: $613,803
6
Beds
2
Baths
1,776
Sq Ft
$346/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
Parking
- Driveway
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jan 24, 2022
Closed on
Jun 23, 2022
Sold by
Bought by
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
3.99%
Original Mortgage
$393,750
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2012
Sold by
Bought by
Purchase Details
Closed on
Sep 1, 2006
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Jan 14, 1998
Sold by
Bought by
Purchase Details
Closed on
Dec 14, 1995
Sold by
Bought by
Purchase Details
Closed on
Aug 28, 1989
Bought by
Purchase Details
Closed on
May 7, 1984
Sold by
Bought by
Purchase Details
Closed on
Nov 16, 1978
Sold by
Bought by
Purchase Details
Closed on
Jan 1, 1975
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $525,000 | None Listed On Document | ||
| -- | Progressive | ||
| $370,000 | Progressive | ||
| $315,000 | Midland Title Security Inc | ||
| $245,000 | Midland Title Security Inc | ||
| $229,000 | -- | ||
| $200,000 | -- | ||
| $89,000 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $393,750 | ||
| Previous Owner | $277,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
503 Total Sales
Map
Source: MLS Now
MLS Number: 4345205
APN: 932-17-025
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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