NOT LISTED FOR SALE

51 W Summit St Chagrin Falls, OH 44022

Estimated Value: $609,000 - $823,000

4 Beds
2.5 Baths
2,500 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $470,000 $188 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,299/month

136 Days on Market

Highlights

  • Health Club
  • Golf Course Community
  • Cape Cod Architecture
  • Gurney Elementary School Rated A
  • Medical Services
  • 2 Fireplaces

About This Home

As of May 2016

Welcome to 51 W. Summit in the heart of the Village of Chagrin Falls. This beautiful home has been lovingly updated. The stunning chef's kitchen features large center island, with quartz counter tops, glass tile back splash, custom cabinets, stainless steal appliances. The first floor features combined living an dining room with wood burning fireplace and built-in original cabinetry, large picture windows and French doors to the first floor office space. There is a spacious family room with an additional fireplace and tons of natural lights through the wall of windows overlooking the fenced in backyard; features include a charming outbuilding ( could be a play house or a potting shed ) , brick patio and mature landscaping. This second level of this beautiful home features 3 bedrooms and an updated full bath , as spacious master suite, with stunning private bath. The lower level boast additional bedroom, and a family media area as well as the utility room. Bonuses included: Hardwood floors throughout, brick driveway, two car attached garage, updated electrical and plumbing, fenced in yard. Call today for a private showing.

Last Agent to Sell the Property

Tiffany Singer

Howard Hanna License #2007001127 Listed on: 01/02/2016

Howard Hanna

Last Buyer's Agent

Jeannie Tavrell

Deleted Agent License #2001009148

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,900

Year Built

  • Built in 1958

Lot Details

  • 9,074 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 931-12-038

Community Details

Overview

  • Graves Allotment Community

Amenities

  • Medical Services
  • Shops

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,900

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • House Faces: North
  • Price Per Square Foot: 188.00
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 2500
  • Year Built: 1958
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Appliances Equipment: Microwave, Range, Refrigerator
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 2500
  • Estimated Total Living Area: 2500
  • Estimated Sq Ft: 2500

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio, Storage Shed/Out Bld
  • Fences: Full, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Golf Available, Health Club, Medical Service, Park, Playground, Pool, Shopping/Mall, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Graves Allotment

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2083
  • Parcel Number: 931-12-038

Tax Info

  • Tax: 8900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
May 15, 2016
Sold by
Sears Ryan and Sears Genevieve J
Bought by
Drum Brian D and Drum Jaclyn E
Seller's Agent
Tiffany Singer
Howard Hanna
Buyer's Agent
Jeannie Tavrell
Deleted Agent
List Price
$549,000
Sold Price
$470,000
Premium/Discount to List
-$79,000
-14.39%
Total Days on Market
136
Current Estimated Value
$736,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,409
Avg. Annual Appreciation
5.33%
Original Mortgage
$376,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jun 28, 2013
Sold by
Chess Kristen S
Bought by
Sears Ryan and Sears Genevieve J
Seller's Agent
Dwight Milko
RE/MAX Traditions
Buyer's Agent
Tiffany Singer
Howard Hanna
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$383,062
Interest Rate
3.52%
Mortgage Type
VA

Purchase Details

Closed on
Feb 14, 2009
Sold by
Chess Michael N and Chess Kristen S
Bought by
Chess Kristen S

Purchase Details

Closed on
Jun 21, 2004
Sold by
Tone Jefferson W and Toscano Elana V
Bought by
Chess Michael N and Chess Kristen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
6.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 20, 2001
Sold by
Coreno Eleanor H and Coreno Thomas G
Bought by
Tone Jefferson Wolfe

Purchase Details

Closed on
Jun 14, 1995
Sold by
Juliana Robert
Bought by
Coreno Eleanor H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 1989
Sold by
Sommer Marion C
Bought by
Juliana Marion C

Purchase Details

Closed on
Nov 10, 1987
Sold by
Bartlett Diane F
Bought by
Sommer Marion C

Purchase Details

Closed on
Mar 31, 1986
Sold by
Little Edwin C
Bought by
Bartlett Diane F

Purchase Details

Closed on
Aug 5, 1985
Sold by
Hensge William Theadore
Bought by
Little Edwin C Aka Little Ec

Purchase Details

Closed on
Mar 28, 1985
Sold by
Hensge William T
Bought by
Hensge William Theadore

Purchase Details

Closed on
Oct 31, 1978
Sold by
Gerwin Daryl W and Gerwin Margaret Y
Bought by
Hensge William T

Purchase Details

Closed on
Jan 1, 1975
Bought by
Gerwin Daryl W and Gerwin Margaret Y
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 Buyer Sale Price Title Company
Drum Brian D $470,000 Chicago Title Insurance
Sears Ryan $375,000 Revere Title
Chess Kristen S -- Attorney
Chess Michael N $331,500 Revere
Tone Jefferson Wolfe $305,000 --
Coreno Eleanor H $238,000 --
Juliana Marion C -- --
Sommer Marion C $160,000 --
Bartlett Diane F -- --
Little Edwin C Aka Little Ec $145,000 --
Hensge William Theadore -- --
Hensge William T $124,000 --
Gerwin Daryl W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drum Brian D $376,000
Previous Owner Sears Ryan $383,062
Previous Owner Chess Kristen S $175,600
Previous Owner Chess Michael N $128,000
Previous Owner Chess Michael N $189,500
Previous Owner Coreno Eleanor H $50,000
Previous Owner Coreno Eleanor H $190,400
Closed Chess Michael N $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2016 05/17/16 Sold $470,000 -14.4% $188 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $549,000 +46.4% $220 / Sq Ft
06/26/2013 06/26/13 Sold $375,000 -1.1% $195 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $379,000 -- $197 / 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 $13,976 $226,660 $25,655 $201,005
2023 $12,568 $176,580 $24,750 $151,830
2022 $13,294 $176,580 $24,750 $151,830
2021 $13,236 $176,580 $24,750 $151,830
2020 $12,693 $156,280 $21,910 $134,370
2019 $12,501 $446,500 $62,600 $383,900
2018 $11,189 $156,280 $21,910 $134,370
2017 $11,061 $131,570 $20,620 $110,950
2016 $9,931 $131,570 $20,620 $110,950
2015 $9,947 $131,570 $20,620 $110,950
2014 $9,187 $119,600 $18,730 $100,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3771582

MLS Now

APN: 931-12-038