NOT LISTED FOR SALE

37360 Chestnut Ridge Rd Elyria, OH 44035

Estimated Value: $635,000 - $672,084

3 Beds
3 Baths
2,782 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $610,000 $219 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,048/month

120 Days on Market

Highlights

  • 11.3 Acre Lot
  • Deck
  • 4 Car Attached Garage
  • Midview West Elementary School Rated 9+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

This one of a kind property is ready for you! 2700+ sqft ranch home 3 bedrooms with 3 full baths sets on 11.3 acres. The spacious eat in kitchen has tremendous counter space, storage and room for a huge dining table. Enjoy overlooking the pond from the deck that has a sunshade that is right off the 23x20 sun room. There is plenty of space for entertaining in the living room. The Basement has tall ceilings, a big storage room and separate office room area. Don't forget the two 2 car attached garages, one of which is oversized. Do you need barns? There are 6 barns on this property including a 50x70 pole barn with concrete floor, a bank barn and more, see the photos! Come see this awesome place! Please do not go on property without an agent.

Last Agent to Sell the Property

Michael Hignett

Northern Ohio Realty Brokerage Email: 440-366-0099 northernohiorealty@gmail.com License #2014000042 Listed on: 10/17/2023

Last Buyer's Agent

Michael Hignett

Northern Ohio Realty Brokerage Email: 440-366-0099 northernohiorealty@gmail.com License #2014000042 Listed on: 10/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,851

Year Built

  • Built in 1983

Lot Details

  • 11.3 Acre Lot
  • South Facing Home
  • Irregular Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,782 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11-00-071-000-200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,851

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1983
  • Attribution Contact: 440-366-0099 northernohiorealty@gmail.com
  • ResoLotFeatures: Irregular Lot, Pond
  • Above Grade Finished Sq Ft: 2782.0
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Metal
  • Acres: 11.3
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: South
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage, Heated Garage, Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Midview LSD - 4710

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 11-00-071-000-200
  • LandLeaseYN: No
  • Lot Dimensions: 402xIRR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4851.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Apr 14, 2024
Sold by
Ternes Legacy Trust and Petersen Tracey
Bought by
King Cory R and Zelenak Nicole L
Seller's Agent
Michael Hignett
Northern Ohio Realty
Buyer's Agent
Michael Hignett
Northern Ohio Realty
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Views
409
Current Estimated Value
$653,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,542
Avg. Annual Appreciation
4.58%
Original Mortgage
$579,500
Outstanding Balance
$570,940
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$82,602

Purchase Details

Closed on
Jun 26, 2019
Sold by
Ternes Marie G and Marie G Ternes Living Trust
Bought by
Petersen Tracey and Ternes Legacy Trust

Purchase Details

Closed on
Jun 13, 2002
Sold by
Ternes Melvin H and Ternes Marie G
Bought by
Ternes Marie G and Ternes Melvin H
Source: Public Records

Range of Values:

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Average Value
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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
King Cory R $610,000 Network Land Title
Petersen Tracey -- None Available
Ternes Marie G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Cory R $579,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $610,000 -6.2% $219 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $650,000 0.0% $234 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $650,000 -7.1% $234 / Sq Ft
10/17/2023 10/17/23 For Sale $699,900 -- $252 / 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 $7,440 $199,469 $61,107 $138,362
2023 $5,661 $139,122 $34,160 $104,962
2022 $4,851 $139,122 $34,160 $104,962
2021 $6,244 $139,122 $34,160 $104,962
2020 $6,155 $139,120 $34,160 $104,960
2019 $6,131 $139,120 $34,160 $104,960
2018 $5,573 $139,120 $34,160 $104,960
2017 $4,943 $101,360 $28,500 $72,860
2016 $5,013 $101,360 $28,500 $72,860
2015 $5,041 $101,360 $28,500 $72,860
2014 $4,880 $95,310 $22,450 $72,860
2013 $4,886 $95,310 $22,450 $72,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4498023

MLS Now

APN: 11-00-071-000-102