NOT LISTED FOR SALE

48 S Main St Chagrin Falls, OH 44022

Estimated Value: $799,000 - $933,181

5 Beds
2.5 Baths
3,442 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 10, 2013

Last sale price $383,500 $111 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,667/month

118 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • 3 Fireplaces
  • Gurney Elementary School Rated A
  • Deck
  • Porch

About This Home

As of September 2013

Location, location, location! It doesn't get better than this. Just steps away from the center of town. Enjoy the views from either the front porch or the third floor of this charming village home in most desirable location in the heart of Chagrin Falls. White picket fence out front and nice back yard, this home offers flexible living space with four bedrooms and two full baths on second floor, third floor offers a spacious fifth bedroom plus office or study space. Large master bed with fireplace, updated bath, closet addition and private deck. Updated kitchen with stainless and granite. Clean and dry basement with laundry. Fireplaces in family and living rooms. New windows and much hardwood throughout. Well maintained. Grocery store, restaurants, retail, Intermediate School are all within in five minute walk. High school and middle school approx. 8 minute walk. All this in the award-winning Chagrin Falls school district. Two car garage. A must - see!

Last Agent to Sell the Property

Karen Eagle

Elite Sotheby's International Realty License #2011002668 Listed on: 03/30/2013

Elite Sotheby's International Realty

Last Buyer's Agent

Laurel Worley Heater

Howard Hanna License #414801

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,007

Year Built

  • Built in 1909

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 45 x 160
  • East Facing Home
  • Privacy Fence
  • Wood Fence

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 3,442 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Humidifier
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 932-17-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,007

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 142.46
  • Num Of Stories: 3.00
  • Total Sq Ft: 2692
  • Year Built: 1909
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Humidifier, Microwave, Wall Oven, Range, Refrigerator, Security System, Smoke Detector, Sump Pump, Hot Tub
  • Fireplaces: 3
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Finished, Partially Finished, Walk-Out
  • Living Area Sq Ft: 3442
  • Estimated Total Living Area: 3442
  • Estimated Sq Ft: 2692

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck, Porch
  • Fences: Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air, Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Baseboard, Fireplace-Wood, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Chagrin Falls EVSD
  • School District: Chagrin Falls EVSD

Lot Info

  • Lot Dimensions: 45 x 160
  • Lot Size Area Sq Ft: 7200.0000
  • Lot Size Units: Acres
  • Price Per Acre: 2320024.20
  • Acres: 0.1650
  • Parcel Number: 932-17-017

Tax Info

  • Tax: 7007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2013
Closed on
Sep 3, 2013
Sold by
Penler Peter A and Zein Claudia
Bought by
Gips Jeffrey A and Gips Lindsay S
Seller's Agent
Karen Eagle
Elite Sotheby's International Realty
Buyer's Agent
Laurel Worley Heater
Howard Hanna
List Price
$449,000
Sold Price
$383,500
Premium/Discount to List
-$65,500
-14.59%
Current Estimated Value
$860,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,295
Avg. Annual Appreciation
6.92%
Original Mortgage
$300,000
Outstanding Balance
$222,892
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$637,903

Purchase Details

Closed on
Sep 25, 2011
Sold by
Penier Karen A
Bought by
Penier Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1997
Sold by
O'Neill Francis J
Bought by
Penler Paul A and Penler Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1982
Sold by
Solether Betty A
Bought by
Oneill Francis J

Purchase Details

Closed on
Mar 21, 1977
Sold by
Solether David C and Solether Betty A
Bought by
Solether Betty A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Solether David C and Solether Betty A
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
Gips Jeffrey A $383,500 Barristers Title Agency
Penier Paul A -- Public
Penler Paul A $270,000 --
Oneill Francis J $75,000 --
Solether Betty A -- --
Solether David C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gips Jeffrey A $300,000
Previous Owner Penier Paul A $103,500
Previous Owner Penler Paul A $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2013 09/10/13 Sold $383,500 -14.6% $111 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
03/30/2013 03/30/13 For Sale $449,000 -- $130 / 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 $13,037 $211,435 $33,285 $178,150
2023 $12,445 $174,860 $28,630 $146,230
2022 $13,164 $174,860 $28,630 $146,230
2021 $13,107 $174,860 $28,630 $146,230
2020 $12,568 $154,740 $25,340 $129,400
2019 $12,378 $442,100 $72,400 $369,700
2018 $10,974 $154,740 $25,340 $129,400
2017 $10,720 $127,510 $21,280 $106,230
2016 $9,624 $127,510 $21,280 $106,230
2015 $8,311 $127,510 $21,280 $106,230
2014 $8,311 $108,190 $19,360 $88,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3394541

MLS Now

APN: 932-17-017