$2,250,000
SOLD MAR 31, 2025

40 Old Farm Rd Chagrin Falls, OH 44022

4 Beds
3.5 Baths
4,000 Sq Ft
1.7 Acres

Recently Sold

$562 Per Sq Ft

57 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Moreland Hills Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Unbelievable opportunity to custom build your dream home with award winning Kingdom Home Builders on a gorgeous wooded lot and a dead end street in Moreland Hills. Every Kingdom Home is designed around you and built to suit, complete with the highest level of finishes. Don't miss the chance to bring your dream home to life! Pictures for illustrative purposes only. Final price determined by build and finishes.

Last Agent to Sell the Property

Terry Young

Keller Williams Greater Metropolitan Brokerage Email: Terryyoung@theyoungteam.com 216-400-5224 License #237938 Listed on: 11/22/2024

Keller Williams Greater Metropolitan

Last Buyer's Agent

Sally Messinger

Howard Hanna License #400885

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,936

Lot Details

  • 1.7 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Home to be built
  • Colonial Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Old Homestead Estates 03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 911-17-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Attribution Contact: Terryyoung@theyoungteam.com 216-400-5224
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Old Homestead Estates 03
  • Above Grade Finished Sq Ft: 4000.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Property Condition: To Be Built
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 1.7
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orange CSD - 1823

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 911-17-015
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11936.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Mar 25, 2025
Sold by
Kingdom Home Builders Llc
Bought by
Jason L Drasner Living Trust and Jennifer Michele Rich Drasner Living Trust
Seller's Agent
Terry Young
Keller Williams Greater Metropolitan
Buyer's Agent
Sally Messinger
Howard Hanna
List Price
$2,250,000
Sold Price
$2,250,000
Views
54
Current Estimated Value
$1,124,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,125,059
Avg. Annual Appreciation
-87.76%

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jun 3, 2024
Sold by
Margaret B Page Declaration Of Trust and Minnillo Elizabeth
Bought by
Kingdom Home Builders Llc
Seller's Agent
Terry Young
Keller Williams Greater Metropolitan
Buyer's Agent
Terry Young
Keller Williams Greater Metropolitan
List Price
$499,900
Sold Price
$499,900
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
707.90%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Page Margaret B
Bought by
Page Margaret B

Purchase Details

Closed on
Feb 23, 2006
Sold by
Page Margaret B
Bought by
Page Margaret B and Trust Agreement Of Margaret B Page

Purchase Details

Closed on
Jan 1, 1975
Bought by
Page Robert T and Page Margaret B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $625,000 Erie Title
Fiduciary Deed $499,900 Erie Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $2,250,000 0.0% $563 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
11/22/2024 11/22/24 For Sale $2,250,000 +350.1% $563 / Sq Ft
07/12/2024 07/12/24 Sold $499,900 0.0% $134 / Sq Ft
06/24/2024 06/24/24 For Sale $499,900 -- $134 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
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 $12,825 $236,775 $37,485 $199,290
2023 $11,936 $188,060 $49,810 $138,250
2022 $11,979 $188,055 $49,805 $138,250
2021 $11,857 $188,060 $49,810 $138,250
2020 $11,173 $166,430 $44,070 $122,360
2019 $10,804 $475,500 $125,900 $349,600
2018 $10,740 $166,430 $44,070 $122,360
2017 $10,362 $160,550 $32,730 $127,820
2016 $10,238 $160,550 $32,730 $127,820
2015 $15,103 $160,550 $32,730 $127,820
2014 $15,103 $150,050 $30,590 $119,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5085843

MLS Now

APN: 911-17-015