NOT LISTED FOR SALE

526 Covington Ln Unit 5260 Chagrin Falls, OH 44023

Estimated Value: $437,000 - $462,406

3 Beds
2.5 Baths
2,473 Sq Ft
8,712 Sq Ft Lot

Last Sold August 15, 2014

Last sale price $251,900 $102 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,845/month

21 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Cul-De-Sac
  • Timmons Elementary School Rated A
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of August 2014

Stunning free-standing condominium custom built for its' present owners 14 years ago with many upgrades. The handsome exterior is vinyl and brick. The welcoming foyer with gleaming hardwood floors leads into a spacious great room with vaulted ceilings and gas fireplace that is sided by two windows. The formal dining is spacious with hardwood floors. The kitchen comes with all appliances and opens to informal eating area and also to the great room. There are an abundance of wood cupboards & hardwood floors. The first floor master bedroom has a walk-in closet & glamour bath. Completing the first floor is a powder room and laundry room. Upstairs there are 2 more bedrooms and a full hall bath. The lower level features a wonderful rec room with wet bar. (Pool table and lights are excluded). There is a great work shop. The Trex deck in the rear overlooks private yard and lovely gardens. Located on a Cul-de-sac and part of a recreation community offering swimming, tennis and picnic pavilion.

Last Agent to Sell the Property

Judy Solether

Deleted Agent License #218644 Listed on: 05/29/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,484

Year Built

  • Built in 2000

Lot Details

  • Cul-De-Sac
  • Wooded Lot

Home Design

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

Interior Spaces

  • 2,473 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Finished Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01-118540

Community Details

Overview

  • $407 Annual Maintenance Fee
  • Maintenance fee includes Landscaping, Property Management, Recreation, Reserve Fund, Snow Removal, Trash Removal, Water
  • The Woods At Auburn Lakes Community

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,484

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Style: Colonial
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Year Built: 2000
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2000

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator, Smoke Detector
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Finished
  • Living Area Sq Ft: 2473
  • Estimated Total Living Area: 2473

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Maint Fee Amount: 407.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Landscaping, Property Management, Recreation, Reserve Fund, Snow Removal, Trash Removal, Water
  • Maint Provider: The Woods of Auburn Lakes Condo Assoc.
  • Subdivision Complex: The Woods at Auburn Lakes

Schools

  • School District: Kenston LSD

Lot Info

  • Lot Description: Cul de Sac, Wooded/Treed
  • Lot Size Area Sq Ft: 0.2000
  • Lot Size Units: Acres
  • Acres: 0.2000
  • Parcel Number: 01-118540

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 4484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2014
Closed on
Aug 13, 2014
Sold by
Reiter Donald P and Reiter Lorraine
Bought by
Larrabee Richard L and Richard L Larrabee Trust Of 2004
Seller's Agent
Judy Solether
Deleted Agent
List Price
$258,900
Sold Price
$251,900
Premium/Discount to List
-$7,000
-2.7%
Current Estimated Value
$452,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,452
Avg. Annual Appreciation
5.36%
Original Mortgage
$175,000
Outstanding Balance
$56,526
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$395,826

Purchase Details

Closed on
Dec 22, 2000
Sold by
Pulte Homes Of Ohio Corp
Bought by
Reiter Donald P and Reiter Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.8%

Purchase Details

Closed on
Dec 5, 2000
Sold by
Auburn Lakes Ltd Partnership
Bought by
Pulte Homes Of Ohio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.8%
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
Larrabee Richard L $251,900 Attorney
Reiter Donald P $249,200 Pulte Title Agency Llc
Pulte Homes Of Ohio $41,200 Midland Title Security Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larrabee Richard L $175,000
Previous Owner Reiter Donald P $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $251,900 -2.7% $102 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $258,900 -- $105 / 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 $5,588 $125,580 $17,500 $108,080
2023 $5,588 $125,580 $17,500 $108,080
2022 $5,160 $98,530 $14,000 $84,530
2021 $5,178 $98,530 $14,000 $84,530
2020 $5,326 $98,530 $14,000 $84,530
2019 $4,794 $85,300 $14,000 $71,300
2018 $4,793 $85,300 $14,000 $71,300
2017 $4,794 $85,300 $14,000 $71,300
2016 $4,400 $77,740 $15,400 $62,340
2015 $3,998 $77,740 $15,400 $62,340
2014 $3,998 $77,740 $15,400 $62,340
2013 $4,487 $88,340 $17,500 $70,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3623506

MLS Now

APN: 01-118540