NOT LISTED FOR SALE

4897 Lake Charles Dr Independence, OH 44131

Estimated Value: $438,000 - $975,000

5 Beds
5.5 Baths
3,518 Sq Ft
$235/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $600,000 $171 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,633/month

32 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Porch
  • Independence Primary School Rated A
  • Community Pool
  • 3 Car Attached Garage

About This Home

As of May 2017

Charming colonial in a wonderful neighborhood. Inviting foyer welcomes you into this ideal floor plan. Immaculately maintained! Gorgeous open kitchen with Bosch stainless steel appliances, granite counter-tops, glazed cabinets, and a center island with seating that provides the perfect space for entertaining! Hearth room overlooks the outside porch and brick firepit. 1st floor in-law suite with a full bath. Two story great room, study, formal dining room, laundry room, and a half bath complete the first floor. Second floor features 4 bedrooms and 3 full bathrooms. Spacious master suite with a walk-in closet, beautiful master bath with his and her sinks, a makeup vanity, walk-in shower, and a soaking tub. Finished lower level offers a family room, rec room, and a full bath. Independence is an appealing place to work, live, visit and raise a family within the "Heart of Cuyahoga County." This community offers shopping, dining, pools, park, and a civic center with basketball, golf lessons, yoga, racquetball, Tai Chi, aerobic and exercise programs. Minutes to I-77, and less than 20 minutes to downtown Cleveland.

Last Agent to Sell the Property

Craig Cantrall

Chestnut Hill Realty, Inc. License #263278 Listed on: 02/06/2017

Last Buyer's Agent

Suzanne Lambert

Howard Hanna License #2009002822

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,765

Year Built

  • Built in 2012

Lot Details

  • 0.52 Acre Lot
  • Sprinkler System

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Sound System
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Drain

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 563-19-040

Community Details

Overview

  • Association fees include insurance, landscaping, property management
  • Lake Charles Ph 01 Community

Amenities

  • Common Area
  • Shops

Recreation

  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,765

Year Built

Built in 2012

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 2012
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2012

Interior Features

  • Appliances Equipment: Audio System, Cooktop, Dishwasher, Dryer, Garbage Disposal, Humidifier, Microwave, Wall Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Finished, Full

Exterior Features

  • Exterior: Stone, Vinyl
  • Exterior Features: Patio, Porch, Sprinkler/Irrigation
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Drain, Electric
  • Garage Num Of Cars: 3

Utilities

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

Association/Amenities

  • Amenities: Common Facility, Park, Playground, Pool, Shopping/Mall

Condo/Co-op/Association

  • HOA Fees: 200.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Lake Charles
  • Subdivision Complex: Lake Charles Ph 01

Fee Information

  • HOA Fee Includes: Association Insurance, Landscaping, Property Management

Schools

  • School District: Independence LSD
  • School District: Independence LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.5170
  • Parcel Number: 563-19-040

Tax Info

  • Tax: 12765

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2022
Sold by
Chan Michael T and Chan Brittany L
Bought by
Michael Chan And Brittany Williams Trust
Current Estimated Value
$826,936

Purchase Details

Listed on
Feb 6, 2017
Closed on
Apr 24, 2017
Sold by
Wolansky Leo and Wolansky Maria
Bought by
Chan Michael T and Williams Brittany L
Seller's Agent
Craig Cantrall
Chestnut Hill Realty, Inc.
Buyer's Agent
Suzanne Lambert
Howard Hanna
List Price
$619,500
Sold Price
$600,000
Premium/Discount to List
-$19,500
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$200,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2013
Closed on
Mar 14, 2013
Sold by
Petros Homes Inc
Bought by
Wolansky Leo and Wolansky Maria
Seller's Agent
Laura Reising
Deleted Agent
Buyer's Agent
Craig Cantrall
Chestnut Hill Realty, Inc.
List Price
$619,000
Sold Price
$619,900
Premium/Discount to List
$900
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.79%
Original Mortgage
$25,000
Interest Rate
3.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2012
Sold by
Petros Homes Llc
Bought by
Petros Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 20, 2012
Sold by
Lake Charles Development Inc and Stradtman John
Bought by
Petros Homes Llc

Purchase Details

Closed on
Jan 16, 2009
Sold by
Hersh Construction Inc
Bought by
Lake Charles Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,982,800
Interest Rate
5.06%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 21, 2005
Sold by
Stradtman Independence Developers Inc
Bought by
Hersh Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Michael Chan And Brittany Williams Trust -- --
Chan Michael T $600,000 Barristers Title Agency
Wolansky Leo $619,900 Stewart Title Agency
Petros Homes Inc -- Stewart Title
Petros Homes Llc $140,000 Title Support Services Lt
Lake Charles Development Inc -- Revere Title
Hersh Construction Inc $4,179,000 Revere Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Michael T $234,615
Previous Owner Chan Michael T $200,000
Previous Owner Chan Michael T $236,000
Previous Owner Chan Michael T $150,000
Previous Owner Chan Michael T $200,000
Previous Owner Wolansky Leo $25,000
Previous Owner Wolansky Leo $417,000
Previous Owner Petros Homes Inc $380,000
Previous Owner Lake Charles Development Inc $1,982,800
Previous Owner Hersh Construction Inc $2,600,000
Closed Hersh Construction Inc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $600,000 -3.1% $171 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $619,500 -0.1% $176 / Sq Ft
03/29/2013 03/29/13 Sold $619,900 +0.1% $160 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $619,000 -- $160 / 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 $13,328 $278,670 $47,180 $231,490
2023 $12,047 $228,900 $43,190 $185,710
2022 $11,981 $228,900 $43,190 $185,710
2021 $11,807 $228,900 $43,190 $185,710
2020 $11,545 $210,000 $39,620 $170,380
2019 $11,144 $600,000 $113,200 $486,800
2018 $11,939 $210,000 $39,620 $170,380
2017 $12,895 $232,090 $42,560 $189,530
2016 $12,765 $232,090 $42,560 $189,530
2015 $11,809 $232,090 $42,560 $189,530
2014 $11,809 $214,900 $39,410 $175,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3875246

MLS Now

APN: 563-19-040