NOT LISTED FOR SALE

Estimated Value: $562,000 - $1,130,000

3 Beds
2 Baths
2,750 Sq Ft
$312/Sq Ft Est. Value

About This Home

This home is located at 55 Raea Ln, Chagrin Falls, OH 44022 and is currently estimated at $859,083, approximately $312 per square foot. 55 Raea Ln is a home located in Cuyahoga County with nearby schools including Moreland Hills Elementary School, Ballard Brady Middle School, and Orange High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Michele R Lee Declaration Of Trust
Bought by
55 Raea Lane Llc
Current Estimated Value
$859,083

Purchase Details

Closed on
Dec 28, 2010
Sold by
Chelm Kerry and Chelm Renee
Bought by
Lee Michael R and Michele R Lee Declaration Of Trust

Purchase Details

Closed on
Feb 10, 2009
Sold by
Quinton Lane Development Inc
Bought by
Chelm Kerry and Chelm Renee

Purchase Details

Closed on
Oct 20, 2008
Sold by
Qunitin Lane Development Inc
Bought by
Shade Loren K and Shade Denise C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.87%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2007
Sold by
Quintin Lane Llc
Bought by
Quintin Lane Development Inc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Macdonald Shirley
Bought by
Quintin Lane Llc

Purchase Details

Closed on
Jan 20, 2006
Sold by
Gall William M
Bought by
Macdonald Shirley

Purchase Details

Closed on
Jan 1, 1982
Bought by
Gall William and Gall Libbie

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
55 Raea Lane Llc -- Titleco Title Agency
Lee Michael R $427,500 Revere Title
Chelm Kerry $427,500 Revere Title
Shade Loren K $375,000 Revere Title
Quintin Lane Development Inc -- Revere
Quintin Lane Llc $500,000 Revere
Gall William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shade Loren K $800,000
Previous Owner Quintin Lane Development Inc $1,160,000
Source: Public Records

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 $4,634 $80,185 $80,185 --
2023 $4,792 $70,420 $70,420 $0
2022 $4,802 $70,420 $70,420 $0
2021 $4,756 $70,420 $70,420 $0
2020 $4,901 $67,730 $67,730 $0
2019 $2,371 $193,500 $193,500 $0
2018 $2,357 $67,730 $67,730 $0
2017 $11,776 $168,530 $168,530 $0
2016 $11,632 $168,530 $168,530 $0
2015 $11,186 $168,530 $168,530 $0
2014 $11,186 $157,500 $157,500 $0
Source: Public Records

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