NOT LISTED FOR SALE

314 Cherry Ln Seven Hills, OH 44131

Estimated Value: $259,000 - $327,000

3 Beds
1.5 Baths
2,422 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $229,000 $95 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,016/month

15 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Shops
  • 2 Car Attached Garage
  • Park
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

A desirable all brick ranch home in the heart of Seven Hills. This home is near all convivences including restaurants, shopping, rec center and interstate 77. While being close to everything, this home is situated on a beautiful piece of property on a quiet street. Real wood floors throughout the main level of the home, updated kitchen and bathroom. Freshly painted throughout and great entertaining space in the finished basement. All you have to do is move right in and make it your own. New garage door, newer roof and soffits are some new additions to the exterior of this brick home. Electrical panel has been updated. This home is ready for you to move in and enjoy the holidays as, they soon will be here! Don't miss out before it's gone!

Last Agent to Sell the Property

Nicole Podany

RE/MAX Above & Beyond License #2014003807 Listed on: 09/03/2022

RE/MAX Above & Beyond

Last Buyer's Agent

Cameron Clements

RE/MAX Traditions License #2020001979

RE/MAX Traditions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1954

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 75x265

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 552-05-037

Community Details

Amenities

  • Shops

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 189.10
  • Estimated Price per Sq Ft: 189.10
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1211
  • Year Built: 1954
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1211.00
  • Sq Ft Approx Below Grade Finished: 1211.00
  • Sq Ft Approx Total Finished: 2422.00

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Park, Shopping/Mall

Schools

  • School District: Parma CSD
  • School District: Parma CSD

Lot Info

  • Lot Dimensions: 75X265
  • Lot Size Units: Acres
  • Acres: 0.4600
  • Parcel Number: 552-05-037
  • LandLeaseYN: No

Tax Info

  • Tax: 5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Oct 18, 2022
Sold by
Woodside Properties Llc
Bought by
Saunders Andrew J
Seller's Agent
Nicole Podany
RE/MAX Above & Beyond
Buyer's Agent
Cameron Clements
RE/MAX Traditions
List Price
$249,000
Sold Price
$229,000
Premium/Discount to List
-$20,000
-8.03%
Views
51
Current Estimated Value
$292,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,028
Avg. Annual Appreciation
8.54%
Original Mortgage
$204,000
Outstanding Balance
$197,553
Interest Rate
5.89%
Mortgage Type
Balloon
Estimated Equity
$93,155

Purchase Details

Closed on
Nov 3, 2021
Sold by
Alvarez Joy
Bought by
Woodside Properties Llc

Purchase Details

Closed on
Mar 26, 2004
Sold by
Groppi Dennis and Groppi Tabetha C
Bought by
Alvarez Miguel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1998
Sold by
Dellaquila Mary
Bought by
Groppi Dennis and Groppi Tabetha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
6.78%

Purchase Details

Closed on
Jul 22, 1977
Sold by
Faber Roy W
Bought by
Dellaquila Nicholas

Purchase Details

Closed on
Feb 19, 1976
Sold by
Faber Roy W and Faber Bertha A
Bought by
Faber Roy W

Purchase Details

Closed on
Jan 1, 1975
Bought by
Faber Roy W and Faber Bertha A
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
Saunders Andrew J $229,000 Revere Title
Woodside Properties Llc -- None Available
Alvarez Miguel C $129,000 Land Title Agency
Groppi Dennis $135,000 --
Dellaquila Nicholas $50,000 --
Faber Roy W -- --
Faber Roy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Andrew Joseph $36,000
Open Saunders Andrew J $204,000
Previous Owner Alvarez Miguel C $88,500
Previous Owner Alvarez Miguel C $103,200
Previous Owner Groppi Dennis $114,800
Closed Alvarez Miguel C $12,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $229,000 -8.0% $95 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/03/2022 09/03/22 For Sale $249,000 -- $103 / 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 $5,520 $77,490 $17,045 $60,445
2023 $4,894 $57,440 $15,300 $42,140
2022 $4,872 $57,440 $15,300 $42,140
2021 $5,001 $57,440 $15,300 $42,140
2020 $4,760 $46,690 $12,430 $34,270
2019 $4,467 $133,400 $35,500 $97,900
2018 $5,986 $46,690 $12,430 $34,270
2017 $4,128 $39,170 $10,820 $28,350
2016 $5,093 $39,170 $10,820 $28,350
2015 $3,878 $39,170 $10,820 $28,350
2014 $3,878 $38,010 $10,500 $27,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4404048

MLS Now

APN: 552-05-037