$439,900
SOLD JUN 4, 2012

5001 Cypress Point Independence, OH 44131

4 Beds
4 Baths
3,900 Sq Ft
0.52 Acres

Recently Sold

$113 Per Sq Ft

17% Above List Price

420 Days on Market

Highlights

  • Health Club
  • View of Trees or Woods
  • Wooded Lot
  • Independence Primary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of March 2019

Perry Homes' Newest Model in The Reserve at Chestnut Woods * Dynamic Open Floor Plan features 9' Ceilings on the First Floor & Stylish Modern Design * Dramatic 2-Story Foyer opens to Vaulted 2-Story Great Room * Large Gourmet Kitchen with Granite opens to Large Eating Area with Deck Access * Columned Open Formal Dining Room * Double French Doors lead into Den or Flex Space * Luxurious First Floor Owner's Suite * 3 Spacious Bedrooms Up Plus Loft Media Center * 900 Sq. Ft. Finished Light-Filled Walk-Out Lower Level * Prime Premium Cul-de-Sac Lot * Superior Energy Star Insulation * The Reserve in Chestnut Woods is an Awesome High Demand Neighborhood located Minutes from I-77 and all of the Wonderful Amenities the City of Independence has to offer. Note 9999 means Taxes not Assessed Yet. Independence has One of the Lowest Tax Rates in Cuyahoga County. BUILDER FINANCING AVAILABLE!

Last Agent to Sell the Property

Ken Kazel

OwnerLand Realty, Inc. License #301438 Listed on: 04/01/2011

OwnerLand Realty, Inc.

Last Buyer's Agent

Ken Kazel

OwnerLand Realty, Inc. License #301438 Listed on: 04/01/2011

OwnerLand Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 2011

Lot Details

  • Lot Dimensions are 62x222
  • Cul-De-Sac
  • South Facing Home
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number NEW-OR-UNDER-CONSTRUCTION

Community Details

Overview

  • Chestnut Woods Community

Recreation

  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,999

Year Built

Built in 2011

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • House Faces: South
  • Price Per Square Foot: 158.64
  • Num Of Stories: 2.00
  • Total Sq Ft: 2773
  • Year Built: 2011
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Wall Oven, Range
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Room Count: 24
  • Basement Detail: Full
  • Living Area Sq Ft: 3900
  • Estimated Total Living Area: 3900
  • Estimated Sq Ft: 2773

Exterior Features

  • View: Wooded
  • Exterior: Stone, Vinyl
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • 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: Health Club, Park, Playground, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Chestnut Woods HOA
  • Subdivision Complex: Chestnut Woods

Schools

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

Lot Info

  • Lot Dimensions: 62x222
  • Lot Description: Cul de Sac, Wooded/Treed
  • Lot Size Area Sq Ft: 1.0000
  • Lot Size Units: Sqft
  • Parcel Number: NEW-OR-UNDER-CONSTRUCTION

Tax Info

  • Tax: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
White John M and White Olivia L
Bought by
White Family Revocable Living Trust and White
Total Days on Market
420
Current Estimated Value
$747,801

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 28, 2019
Sold by
Hockenberry Charles R and Hockenberry Jennifer M
Bought by
White John M and White Olivia L
Seller's Agent
Ann Blair
RE/MAX Rising
Buyer's Agent
Kim Kramer
Howard Hanna
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$465,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Perrico Property Systems Inc
Bought by
Pulte Homes Of Ohio Llc

Purchase Details

Listed on
Apr 1, 2011
Closed on
May 21, 2012
Sold by
Perry Homes Inc
Bought by
Rockenberry Charles R and Hockenberry Jennifer M
Seller's Agent
Ken Kazel
OwnerLand Realty, Inc.
Buyer's Agent
Ken Kazel
OwnerLand Realty, Inc.
List Price
$375,900
Sold Price
$439,900
Premium/Discount to List
$64,000
17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$422,900
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 27, 2010
Sold by
Nvr Inc
Bought by
Perry Homes Inc

Purchase Details

Closed on
May 27, 2010
Sold by
Perry Homes Inc
Bought by
Nvr Inc and Ryan Homes

Purchase Details

Closed on
Sep 5, 2006
Sold by
Perrico Property Systems Inc
Bought by
Perry Homes Inc
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
Warranty Deed -- None Listed On Document
Warranty Deed $490,000 Cleveland Home Title
Limited Warranty Deed -- Revere Title
Warranty Deed $439,900 Revere Title
Warranty Deed -- Nvr Title Agency
Warranty Deed $120,000 Nvr Title Agency
Warranty Deed -- Revere
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $99,250 Credit Line Revolving
Previous Owner $480,000 New Conventional
Previous Owner $465,500 New Conventional
Previous Owner $415,650 New Conventional
Previous Owner $422,900 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $490,000 -2.0% $133 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $499,900 +13.6% $136 / Sq Ft
06/04/2012 06/04/12 Sold $439,900 +17.0% $113 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
04/01/2011 04/01/11 For Sale $375,900 -- $96 / 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 $10,901 $227,920 $43,435 $184,485
2023 $9,014 $171,260 $42,320 $128,940
2022 $8,964 $171,260 $42,320 $128,940
2021 $8,778 $170,170 $42,320 $127,860
2020 $8,582 $156,100 $38,820 $117,290
2019 $8,284 $446,000 $110,900 $335,100
2018 $8,359 $156,100 $38,820 $117,290
2017 $8,479 $152,610 $26,430 $126,180
2016 $8,394 $152,610 $26,430 $126,180
2015 $8,307 $152,610 $26,430 $126,180
2014 $8,173 $148,720 $24,470 $124,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3215771

MLS Now

APN: 563-01-036