NOT LISTED FOR SALE

5021 Butternut Ridge Dr Independence, OH 44131

Estimated Value: $716,000 - $844,000

5 Beds
4.5 Baths
5,647 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $639,000 $113 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,254/month

89 Days on Market

Highlights

  • Fitness Center
  • Medical Services
  • View of Trees or Woods
  • Independence Primary School Rated A
  • Spa
  • Cape Cod Architecture

About This Home

As of March 2021

Situated on likely the most picturesque homesite in the city, this 4/5 bedroom Cape Cod style home benefits from a modern, open floor plan, dedicated maintenance, finished daylight living space on all 3 levels, and quality construction by Perry Homes. For those working remotely, there are 2 private offices with expansive window space. New Furnace & A/C Oct. 2020; newer kitchen appliances 2020; gorgeous 1st fl. bedroom suite w/fireplace and glamourous bath. All bedrooms have full bath. Daylight walk-out has party-perfect serving areas, exercise and entertaining spaces, plus additional office (or 5th bedroom) with full bath! Quality, cleanliness and condition are excellent! This is a much-desired community with superior city services, blue ribbon schools and easy access to all points CLE, including international airport. A home this exceptional is a rare opportunity.

Last Agent to Sell the Property

Susan Turner

Howard Hanna License #322249 Listed on: 11/12/2020

Howard Hanna

Last Buyer's Agent

Judie Crockett

Howard Hanna License #260224

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,811

Year Built

  • Built in 2005

Lot Details

  • 0.58 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Sprinkler System
  • Hilly Lot
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Views of Woods

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Direct Access Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 562-36-040

Community Details

Overview

  • Chestnut Woods Sec 03 Ph 01 Community

Amenities

  • Medical Services

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,811

Year Built

Built in 2005

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod, Colonial
  • House Faces: East
  • Price Per Square Foot: 166.10
  • Estimated Price per Sq Ft: 166.10
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3847
  • Year Built: 2005
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Microwave, Wall Oven, Refrigerator, Security System, Smoke Detector, Washer, Hot Tub
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 16
  • Basement Detail: Finished, Full, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3847.00
  • Sq Ft Approx Below Grade Finished: 1800.00
  • Sq Ft Approx Total Finished: 5647.00

Exterior Features

  • View: Wooded
  • Exterior: Brick, Vinyl
  • Exterior Features: Deck, Patio, Sprinkler/Irrigation
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Drain, Electric, Water Available
  • 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: Exercise Room, Medical Service, Park, Playground, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 500.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Chestnut Creek
  • Subdivision Complex: Chestnut Woods Sec 03 Ph 01

Schools

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

Lot Info

  • Lot Description: Cul de Sac, Hillside, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.5800
  • Parcel Number: 562-36-040

Tax Info

  • Tax: 11811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Mar 25, 2021
Sold by
Sevier Wayne H and Sevier Dora A
Bought by
Wilson Jonothan and Wilson Jodi K
Seller's Agent
Susan Turner
Howard Hanna
Buyer's Agent
Judie Crockett
Howard Hanna
List Price
$659,000
Sold Price
$639,000
Premium/Discount to List
-$20,000
-3.03%
Current Estimated Value
$792,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,883
Avg. Annual Appreciation
5.11%
Original Mortgage
$547,000
Outstanding Balance
$492,811
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$303,675

Purchase Details

Closed on
Apr 7, 2005
Sold by
Perry Homes Inc
Bought by
Sevier Wayne H and Sevier Dora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
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
Wilson Jonothan $639,000 None Available
Sevier Wayne H $622,513 Revere
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Jonothan $294,000
Open Wilson Jonothan $547,000
Previous Owner Sevier Wayne H $129,000
Previous Owner Sevier Wayne H $498,000
Closed Sevier Wayne H $124,503
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $639,000 0.0% $113 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
12/15/2020 12/15/20 Price Changed $639,000 -3.0% $113 / Sq Ft
11/12/2020 11/12/20 For Sale $659,000 -- $117 / 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 $10,696 $223,650 $49,980 $173,670
2023 $12,453 $236,600 $49,070 $187,530
2022 $12,384 $236,600 $49,070 $187,530
2021 $12,505 $236,600 $49,070 $187,530
2020 $12,224 $217,070 $45,010 $172,060
2019 $11,811 $620,200 $128,600 $491,600
2018 $12,134 $217,070 $45,010 $172,060
2017 $12,601 $221,170 $37,240 $183,930
2016 $12,476 $221,170 $37,240 $183,930
2015 $11,542 $221,170 $37,240 $183,930
2014 $11,542 $204,790 $34,480 $170,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4239663

MLS Now

APN: 562-36-040