NOT LISTED FOR SALE

3263 Somerset Dr Shaker Heights, OH 44122

Estimated Value: $497,000 - $571,000

4 Beds
2.5 Baths
3,317 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $452,000 $136 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,444/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 3 Fireplaces
  • Tennis Courts
  • Bryden Elementary School Rated A
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of April 2022

Fabulous four bedroom, two and one half bath home in Beachwood. First floor features a light and bright living room with hardwood floors, a woodburning fireplace (with gas starter), and built ins. Formal dining room with hardwood floors. Spacious eat in kitchen with center island and hardwood floors. Kitchen opens to an outstanding family room with a woodburning fireplace (gas starter) and bay window overlooking the back yard. Terrific mud room with cubbies right off the kitchen. Second floor features a large primary suite with updated bath and walk in closet. Three additional bedrooms and second full bath complete the second floor. Finished lower level, freshly painted and newer carpet in 2022 and glass block windows. Great back yard for outdoor entertaining and/or family fun. Close proximity to The Van Aken District, Beachwood Family Aquatic Center, Nature Trails and Barkwood (dog park) and shopping. Minutes to hospitals, museums and all that Cleveland has to offer. Updates include: newer windows 2021, Mud Room, Finished lower level, ADT wireless security system in 2021. Freshly painted and newer carpet 2022. Home Warranty Included.

Last Agent to Sell the Property

Susan Sloan

Howard Hanna License #2003002105 Listed on: 03/28/2022

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,128

Year Built

  • Built in 1951

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 75x202
  • West Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 742-05-019

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Vansweringen Companys 29 Community
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,128

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 189.84
  • Estimated Price per Sq Ft: 189.84
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 2381
  • Year Built: 1951
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Security System, Wall Oven, Washer
  • Fireplaces: 3
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2381.00
  • Sq Ft Approx Below Grade Finished: 936.00
  • Sq Ft Approx Total Finished: 3317.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Slate

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, Playground, Pool, Shopping/Mall, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Vansweringen Companys 29

Schools

  • School District: Beachwood CSD

Lot Info

  • Lot Dimensions: 75x202
  • Lot Size Units: Acres
  • Acres: 0.3942
  • Parcel Number: 742-05-019
  • LandLeaseYN: No

Tax Info

  • Tax: 7128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Apr 25, 2022
Sold by
Weltman Kimberly S
Bought by
Flores Magdalena Loza and Zehngut Gareth
Seller's Agent
Susan Sloan
Howard Hanna
Buyer's Agent
Coverdale Team
Keller Williams Greater Metropolitan
List Price
$425,000
Sold Price
$452,000
Premium/Discount to List
$27,000
6.35%
Current Estimated Value
$526,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,660
Avg. Annual Appreciation
4.46%
Original Mortgage
$429,400
Outstanding Balance
$403,651
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$123,009

Purchase Details

Closed on
Jun 22, 2005
Sold by
Bain Karen B
Bought by
Karl Stephen P and Karl Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2002
Sold by
Bain Kenneth S
Bought by
Bain Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.8%

Purchase Details

Closed on
Sep 9, 1987
Sold by
Cordes Elaine R
Bought by
Bain Karen B

Purchase Details

Closed on
Jan 1, 1975
Bought by
Cordes Elaine R
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
Flores Magdalena Loza $452,000 Revere Title
Karl Stephen P $385,000 Attorney
Bain Karen B -- --
Bain Karen B $140,000 --
Cordes Elaine R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Magdalena Loza $429,400
Previous Owner Karl Stephen P $155,000
Previous Owner Bain Karen B $193,000
Closed Bain Karen B $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $452,000 +6.4% $136 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $425,000 -- $128 / 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 $8,089 $158,200 $29,295 $128,905
2023 $7,298 $117,600 $26,250 $91,350
2022 $7,178 $117,600 $26,250 $91,350
2021 $7,128 $117,600 $26,250 $91,350
2020 $7,383 $112,000 $24,990 $87,010
2019 $7,222 $320,000 $71,400 $248,600
2018 $3,588 $112,000 $24,990 $87,010
2017 $6,660 $105,950 $17,220 $88,730
2016 $6,620 $105,350 $17,220 $88,130
2015 $6,424 $105,350 $17,220 $88,130
2014 $6,424 $100,350 $16,420 $83,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4359193

MLS Now

APN: 742-05-019