NOT LISTED FOR SALE

427 Falls Rd Chagrin Falls, OH 44022

Estimated Value: $618,000 - $1,387,000

4 Beds
3.5 Baths
2,740 Sq Ft
$402/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $1,295,000 $473 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,694/month

70 Days on Market

Highlights

  • 1.42 Acre Lot
  • Open Floorplan
  • Private Lot
  • Gurney Elementary School Rated A
  • Colonial Architecture
  • Wooded Lot

About This Home

As of July 2024

This stunning home offers modern luxury with a 1st floor primary suite, amidst an idyllic 1.5 acre setting and the uniqueness of the CF Village lifestyle (2 houses from sidewalks to the Popcorn Shop in the heart of it all). There are EXTENSIVE renovations, both inside and out, ensuring exquisite living spaces and impeccable craftsmanship. It's conveniently located just two houses away from sidewalks leading to schools, countless shops and restaurants, multiple parks, and waterfalls. Situated on sought-after Falls Road, the property boasts a large, serene and secluded yard, graced with a sprawling stone patio and inviting fire pit. You'll undoubtedly value the exceptional upgrades completed in 2018, including hardy plank siding, windows, roof, framing, insulation, stone patio, and an upscale, interior remodel throughout the entire home! The main level is highlighted by a gracious, open floor plan for entertaining, fantastic mudroom, gorgeous kitchen including double oven range and huge island, 2 fireplaces, and a first-floor primary suite, complete with a luxurious bathroom addition featuring radiant heated flooring. Upstairs you'll find 3 more bedrooms, 2 full bathrooms, and a spacious loft area providing versatile living. With an additional 1350 square feet in the unfinished basement, this home offers ample room for both relaxation and entertaining. Bonus amenities include a heated garage and a 23x16 outbuilding constructed in 2018 with electricity - perfect for housing vehicles, creating a personalized workshop, or maybe a guest house. Award winning Chagrin Falls Schools too! Don't miss the opportunity to make this exquisite Village residence your new home.

Last Agent to Sell the Property

Laurel Worley Heater

Howard Hanna Brokerage Email: laurelheater@howardhanna.com 440-821-7100 License #414801 Listed on: 03/14/2024

Howard Hanna

Co-Listed By

Kristen Worley Thalman

Howard Hanna Brokerage Email: laurelheater@howardhanna.com 440-821-7100 License #2006001198

Last Buyer's Agent

Michelle McQuade

Howard Hanna License #2013003551

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,814

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 1.42 Acre Lot
  • Property has an invisible fence for dogs
  • Split Rail Fence
  • Partially Fenced Property
  • Wood Fence
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Many Trees
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Bar
  • Dry Bar
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3.5 Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Central Living Area
  • Accessible Closets
  • Accessible Washer and Dryer

Outdoor Features

  • Patio
  • Terrace
  • Rear Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 931-03-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,814

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1977
  • Attribution Contact: laurelheater@howardhanna.com 440-821-7100
  • ResoLotFeatures: Back Yard, Flat, Level, Private, Many Trees, Wooded
  • Co List Office Mls Id: 2806
  • Co List Office Phone: 440-247-8900
  • Reso Accessibility Features: Accessible Washer/Dryer, Accessible Full Bath, Accessible Bedroom, Accessible Common Area, Accessible Closets, Accessible Kitchen, Accessible Central Living Area
  • Architectural Style: Colonial, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Beamed Ceilings, Bookcases, Built-in Features, Cedar Closet(s), Ceiling Fan(s), Crown Molding, Dry Bar, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Primary Downstairs, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Jetted Tub
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Full
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Exterior Features: Fire Pit, Lighting, Private Yard, Uncovered Courtyard
  • Roof: Asphalt, Fiberglass
  • Fencing: Invisible, Partial, Split Rail, Wood
  • Acres: 1.4162
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Unknown
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Patio, Side Porch, Terrace

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Detached, Garage, Garage Door Opener, Heated Garage, Kitchen Level, Garage Faces Side

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas, Zoned
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Chagrin Falls EVSD - 1808

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 931-03-008
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8814.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 26, 2024
Sold by
Peavy Jon Cleavland and Peavy Jennifer
Bought by
Clemo James E and Clemo Jean C
Seller's Agent
Laurel Worley Heater
Howard Hanna
Buyer's Agent
Michelle McQuade
Howard Hanna
List Price
$1,500,000
Sold Price
$1,295,000
Premium/Discount to List
-$205,000
-13.67%
Views
186
Current Estimated Value
$1,101,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$193,875
Avg. Annual Appreciation
-12.94%
Original Mortgage
$766,550
Outstanding Balance
$760,784
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$340,341

Purchase Details

Listed on
Jul 3, 2017
Closed on
Jul 27, 2017
Sold by
Janosek Gerald W
Bought by
Peavy Jon Cleavland
Seller's Agent
Elizabeth Scolnick
Howard Hanna
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$349,900
Sold Price
$298,300
Premium/Discount to List
-$51,600
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.63%

Purchase Details

Listed on
Jul 3, 2017
Closed on
Jun 30, 2017
Sold by
Janosek Gerald W and Janosek Susann
Bought by
Janosek Gerald W
Seller's Agent
Elizabeth Scolnick
Howard Hanna
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$349,900
Sold Price
$298,300
Premium/Discount to List
-$51,600
-14.75%

Purchase Details

Closed on
Jul 29, 1982
Sold by
Stong Ann A
Bought by
Janosek Gerald W and Janosek Susann

Purchase Details

Closed on
Oct 25, 1978
Sold by
Stong Robert E
Bought by
Stong Ann A

Purchase Details

Closed on
May 12, 1977
Sold by
Visonsi Dominic A
Bought by
Stong Robert E

Purchase Details

Closed on
Jan 1, 1975
Bought by
Visonsi Dominic A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clemo James E $1,295,000 Ohio Real Title
Peavy Jon Cleavland $298,300 Barristers Title Agency
Janosek Gerald W -- None Available
Janosek Gerald W $215,000 --
Stong Ann A -- --
Stong Robert E $42,000 --
Visonsi Dominic A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemo James E $766,550
Previous Owner Peavy Jon $125,000
Previous Owner Peavy Jon Cleavland $100,000
Previous Owner Peavy Jon Clevaland $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $1,295,000 -13.7% $473 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $1,500,000 +15.8% $547 / Sq Ft
03/22/2024 03/22/24 Off Market $1,295,000 -- --
03/14/2024 03/14/24 For Sale $1,500,000 +402.8% $547 / Sq Ft
08/01/2017 08/01/17 Sold $298,300 0.0% $109 / Sq Ft
07/06/2017 07/06/17 Off Market $298,300 -- --
07/03/2017 07/03/17 For Sale $349,900 -- $128 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $8,892 $154,000 $44,765 $109,235
2023 $8,302 $125,580 $39,550 $86,030
2022 $8,814 $125,580 $39,550 $86,030
2021 $8,776 $125,580 $39,550 $86,030
2020 $7,464 $100,450 $31,640 $68,810
2019 $7,252 $283,400 $90,400 $193,000
2018 $8,043 $99,190 $31,640 $67,550
2017 $9,867 $125,900 $31,640 $94,260
2016 $8,861 $125,900 $31,640 $94,260
2015 $13,943 $125,900 $31,640 $94,260
2014 $13,943 $125,900 $31,640 $94,260
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now (Howard Hanna)

MLS Number: 5024028

MLS Now (Howard Hanna)

APN: 931-03-008