NOT LISTED FOR SALE

550 Chagrin Blvd Chagrin Falls, OH 44022

Estimated Value: $728,000 - $1,093,862

5 Beds
2.5 Baths
3,068 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $532,500 $174 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,627/month

73 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • Wooded Lot
  • Gurney Elementary School Rated A
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of June 2013

Chagrin Valley Gem! Charming converted, turn of the century, 5 BR and 2.5 BA Western Reserve with gables, original woodwork, high ceilings, wood floors and an open floor plan. Large family room off huge eat-in kitchen, roomy foyer, formal Dining Room and Living Room. Wormy Chestnut wood lined library with cozy fireplace. Hexagonal screened in porch(better views of wooded valley) with recessed hot tub. Large master area with potential guest room/ study or 5th bedroom. Each bedroom is unigue in size and character. Large barn for vehicle storage and space for other hobbies. Shop area in basement. Masonry barbecue near sweeping side yard. Perfect for entertaining all year round! Newer carpeting in LR,DR & Library. Adjacent to Metro Park system.

Last Agent to Sell the Property

Wendy K Davis

Howard Hanna License #2003019460 Listed on: 02/11/2013

Howard Hanna

Co-Listed By

Mary Elizabeth Wolfe

Howard Hanna License #2004007372

Last Buyer's Agent

Dwight Milko

RE/MAX Traditions License #2008001958

RE/MAX Traditions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,780

Year Built

  • Built in 1912

Lot Details

  • 2 Acre Lot
  • South Facing Home
  • Privacy Fence
  • Wooded Lot

Property Views

  • Woods
  • Canyon

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 913-16-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,780

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: South
  • Price Per Square Foot: 173.57
  • Num Of Stories: 2.00
  • Total Sq Ft: 3068
  • Year Built: 1912
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Microwave, Wall Oven, Refrigerator, Washer, Water Softener, Hot Tub
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 17
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 3068
  • Estimated Total Living Area: 3068
  • Estimated Sq Ft: 3068

Exterior Features

  • View: Canyon/Valley, Wooded
  • Exterior: Wood
  • Exterior Features: Barn/Stable, Enclosed Patio/Porch, Porch
  • Fences: Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Oil
  • Heating Type: Baseboard
  • Water/Sewer: Well, Septic

Association/Amenities

  • Amenities: Park

Schools

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

Lot Info

  • Lot Dimensions: 498
  • Lot Description: Wooded/Treed
  • Lot Size Area Sq Ft: 87120.0000
  • Lot Size Units: Acres
  • Price Per Acre: 266250.00
  • Acres: 2.0000
  • Parcel Number: 913-16-007

Tax Info

  • Tax: 6780

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Chess Michael N and Chess Kristen S
Bought by
Kristen S Chess Living Trust and Chess
Current Estimated Value
$940,716

Purchase Details

Listed on
Feb 11, 2013
Closed on
Jun 12, 2013
Sold by
Scher Elizabeth S
Bought by
Chess Michael N and Chess Kristen S
Seller's Agent
Wendy K Davis
Howard Hanna
Buyer's Agent
Dwight Milko
RE/MAX Traditions
List Price
$575,000
Sold Price
$532,500
Premium/Discount to List
-$42,500
-7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
Scher Elizabeth S and Scher Robert W
Bought by
The Robert W Scher Trust

Purchase Details

Closed on
Feb 20, 1986
Sold by
Scher Robt W and Scher Eliz S
Bought by
Scher Elizabeth S

Purchase Details

Closed on
Jan 1, 1975
Bought by
Scher Robt W and Scher Eliz S
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
Kristen S Chess Living Trust -- None Listed On Document
Chess Michael N $532,500 Lawyers Title
The Robert W Scher Trust -- --
Scher Elizabeth S -- --
Scher Robt W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chess Michael N $114,894
Previous Owner Chess Kristen S $503,000
Previous Owner Chess Michael N $200,000
Previous Owner Chess Michael N $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2013 06/19/13 Sold $532,500 -7.4% $174 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $575,000 -- $187 / 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 $18,026 $275,135 $39,900 $235,235
2023 $16,837 $226,140 $42,070 $184,070
2022 $17,773 $226,140 $42,070 $184,070
2021 $17,699 $226,140 $42,070 $184,070
2020 $16,815 $200,130 $37,240 $162,890
2019 $16,573 $571,800 $106,400 $465,400
2018 $15,038 $200,130 $37,240 $162,890
2017 $15,949 $192,120 $32,060 $160,060
2016 $13,584 $192,120 $32,060 $160,060
2015 $6,938 $192,120 $32,060 $160,060
2014 $6,938 $100,800 $29,960 $70,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3383386

MLS Now

APN: 913-16-007