NOT LISTED FOR SALE

3986 Palace Way Copley, OH 44321

Estimated Value: $312,000 - $370,000

4 Beds
2.5 Baths
2,509 Sq Ft
$225/mo HOA Fee

Last Sold July 21, 2017

Last sale price $198,000 $79 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,440/month

45 Days on Market

Highlights

  • View of Trees or Woods
  • Cape Cod Architecture
  • 2 Car Direct Access Garage
  • Copley-Fairlawn Middle School Rated A
  • Wooded Lot
  • Cul-De-Sac

About This Home

As of July 2017

Very nice condo located in a swim & tennis neighborhood. The first floor features a great room with vaulted ceilings and a large front window, custom kitchen that overlooks the formal dining room. First floor master suite with vaulted ceiling, master bath and walk-in closet. A second bedroom/office and a guest bath are conveniently located. The second floor offers two guest bedrooms and a half-bath. The second floor loft overlooks the great room. The lower level recreation room is ready for carpet and features a dry bar that is plumbed for a wet bar. Upgraded features are furnace – 4 years – AC -4 years and hot water tank- 7 years. This home has been beautifully maintained – located on a cul-de-sac and offers complete privacy. Amenities include – pool, tennis courts, clubhouse, playground and walking trails. Monthly fee $225.00 managed by Kare Condo. Kingsbury Homeowners association $225.00 yearly and Kingsbury Trace Homeowners Association (Master Association) $175.00 yearly – Total $400.00 plus the $225.00 monthly/

Last Agent to Sell the Property

Sheila Eaton

Howard Hanna License #302709 Listed on: 04/29/2017

Howard Hanna

Last Buyer's Agent

Mary Yoder

Cutler Real Estate License #383926

Cutler Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,848

Year Built

  • Built in 1997

Lot Details

  • Cul-De-Sac
  • Northeast Facing Home
  • Wooded Lot

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Cluster Home
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Views of Woods
  • Home Security System

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1506426

Community Details

Overview

  • Association fees include insurance, exterior building, landscaping, property management, recreation, reserve fund, snow removal, trash removal
  • Roayl Cluster At Kingsbury Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,848

Year Built

Built in 1997

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Cape Cod, Cluster Home
  • House Faces: Northeast
  • Price Per Square Foot: 105.83
  • Estimated Price per Sq Ft: 105.83
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1871
  • Year Built: 1997
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Wall Oven, Range, Refrigerator, Security System, Smoke Detector, Sump Pump
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Room Count: 11
  • Basement Detail: Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 1871.00
  • Sq Ft Approx Below Grade Finished: 638.00
  • Sq Ft Approx Total Finished: 2509.00

Exterior Features

  • View: Wooded
  • Exterior: Vinyl
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric, Water Available
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Kingsbury
  • Subdivision Complex: Roayl Cluster at Kingsbury

Fee Information

  • HOA Fee Includes: Association Insurance, Exterior Building, Landscaping, Property Management, Recreation, Reserve Fund, Snow Removal, Trash Removal

Schools

  • School District: Copley-Fairlawn CSD
  • School District: Copley-Fairlawn CSD

Lot Info

  • Lot Description: Cul de Sac, Wooded/Treed
  • Lot Size Units: Acres
  • Parcel Number: 1506426

Tax Info

  • Tax: 3848

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2017
Closed on
Jul 21, 2017
Sold by
Tapper Stuart L
Bought by
Minikin Jay F and Minikin Elaine S
Seller's Agent
Sheila Eaton
Howard Hanna
Buyer's Agent
Mary Yoder
Cutler Real Estate
List Price
$229,000
Sold Price
$198,000
Premium/Discount to List
-$31,000
-13.54%
Current Estimated Value
$340,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,247
Avg. Annual Appreciation
7.47%
Original Mortgage
$158,400
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1998
Sold by
Copley Homes Inc
Bought by
Tapper Stuart L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Minikin Jay F $198,000 None Available
Tapper Stuart L $165,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minikin Jay F $158,400
Previous Owner Tapper Stuart L $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $198,000 -9.6% $79 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/12/2017 05/12/17 Price Changed $219,000 -4.4% $87 / Sq Ft
04/29/2017 04/29/17 For Sale $229,000 -- $91 / 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
2025 $4,929 $92,054 $19,786 $72,268
2024 $4,929 $92,054 $19,786 $72,268
2023 $4,929 $92,054 $19,786 $72,268
2022 $4,854 $74,249 $14,546 $59,703
2021 $4,483 $74,249 $14,546 $59,703
2020 $4,377 $74,250 $14,550 $59,700
2019 $4,238 $64,810 $14,550 $50,260
2018 $4,032 $64,810 $14,550 $50,260
2017 $3,853 $64,810 $14,550 $50,260
2016 $3,847 $59,420 $14,550 $44,870
2015 $3,853 $59,420 $14,550 $44,870
2014 $3,826 $59,420 $14,550 $44,870
2013 $4,216 $66,510 $14,560 $51,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3899258

MLS Now

APN: 15-06426