$407,500
SOLD SEP 18, 2025
4 Beds
3 Baths
2,664 Sq Ft
0.51 Acres

Recently Sold

$153 Per Sq Ft

8% Below List Price

22 Days on Market

Highlights

  • 0.51 Acre Lot
  • Vaulted Ceiling
  • No HOA
  • Colonial Architecture
  • 2 Fireplaces
  • 2 Car Direct Access Garage

About This Home

As of September 2025

Welcome to 4939 Shankland Rd in Willoughby, a classic Colonial offering 4 bedrooms, 3.5 baths, and 2,576 square feet of inviting living space on a peaceful half-acre lot. Set back from the road and framed by mature trees, this home blends timeless character with comfort in all the right places. Step inside to discover a spacious great room with vaulted ceilings and a striking floor-to-ceiling stone fireplace—the perfect backdrop for cozy evenings or weekend entertaining. A second fireplace adds charm to the formal dining room, setting the stage for holiday meals or quiet dinners at home. The kitchen offers ample space for cooking and gathering, and it flows seamlessly into a glass-enclosed three-season room overlooking the backyard, ideal for enjoying morning coffee or crisp fall evenings.

Upstairs, four generously sized bedrooms and 3 full bathrooms provide plenty of space for everyone to spread out. The partially finished basement gives you flexible options for a playroom or hobby space—plus extra storage. Outside, an expansive deck extends your living space into the backyard, where towering trees offer privacy and shade. Whether you're hosting summer BBQs, relaxing under the stars, or letting pets and kids roam, the yard is full of potential. A side-entry two-car garage keeps the street view clean while adding extra functionality

Conveniently located just minutes from schools, Lake Metroparks, and charming Downtown Willoughby, this home offers space to grow, room to gather, and a setting that feels just right.

Last Agent to Sell the Property

Sean Stewart

Keller Williams Greater Cleveland Northeast Brokerage Email: sstewart@kw.com, 216-440-7653 License #404961 Listed on: 07/21/2025

Keller Williams Greater Cleveland Northeast

Last Buyer's Agent

Vida Novak

HomeSmart Real Estate Momentum LLC License #2016000148

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,267

Year Built

  • Built in 1968

Lot Details

  • 0.51 Acre Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Willoughby Highlands Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-A-018-O-00-008-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,267

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1968
  • Attribution Contact: sstewart@kw.com, 216-440-7653
  • ResoSpecialListingConditions: Estate
  • Subdivision Name: Willoughby Highlands Sub
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.5124
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Willoughby-Eastlake - 4309

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 27-A-018-O-00-008-0
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 6267.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2025
Closed on
Sep 17, 2025
Sold by
Liela M Gay Family Trust and Gray Kevin T
Bought by
Heath Allen A and Heath Shirley K
Seller's Agent
Sean Stewart
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Vida Novak
HomeSmart Real Estate Momentum LLC
List Price
$445,000
Sold Price
$407,500
Premium/Discount to List
-$37,500
-8.43%
Views
57
Current Estimated Value
$414,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,345
Avg. Annual Appreciation
7.41%
Original Mortgage
$307,500
Outstanding Balance
$307,500
Interest Rate
6.58%
Mortgage Type
VA
Estimated Equity
$107,345

Purchase Details

Closed on
Aug 16, 2002
Sold by
Gay Liela M
Bought by
Gay Liela M

Purchase Details

Closed on
Jan 1, 1990
Bought by
Gay Edward B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Fiduciary Deed $407,500 Chicago Title
Interfamily Deed Transfer -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2025 09/18/25 Sold $407,500 -8.4% $153 / Sq Ft
07/21/2025 07/21/25 For Sale $445,000 -- $167 / 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 -- $124,280 $23,280 $101,000
2023 $10,065 $106,300 $18,710 $87,590
2022 $5,981 $106,300 $18,710 $87,590
2021 $6,008 $106,300 $18,710 $87,590
2020 $5,831 $92,440 $16,270 $76,170
2019 $5,363 $92,440 $16,270 $76,170
2018 $5,290 $92,080 $37,330 $54,750
2017 $5,589 $92,080 $37,330 $54,750
2016 $5,568 $92,080 $37,330 $54,750
2015 $5,419 $92,080 $37,330 $54,750
2014 $5,046 $90,500 $37,330 $53,170
2013 $5,050 $90,500 $37,330 $53,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5141745

MLS Now

APN: 27-A-018-O-00-008