NOT LISTED FOR SALE

5511 Chestnut Rd Independence, OH 44131

Estimated Value: $205,347 - $265,000

2 Beds
2 Baths
1,060 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $140,000 $132 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,517/month

23 Days on Market

Highlights

  • Health Club
  • Medical Services
  • 1.96 Acre Lot
  • Independence Primary School Rated A
  • View of Trees or Woods
  • Community Lake

About This Home

As of June 2022

Lovely home recently updated throughout and located on nearly two acres. Perfect for a starter home in the great city of Independence, which has so much to offer. All mechanical, plumbing and decorative updates have been done in 2016 and after. Extra dining area possible in the great room. Includes a large, multi-purpose brick outbuilding with new roof installed in 2018.

Last Agent to Sell the Property

Kimberly Shell

RE/MAX Above & Beyond License #357823 Listed on: 04/18/2022

RE/MAX Above & Beyond

Last Buyer's Agent

Sarah Zuk

Howard Hanna License #2017000269

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 1930

Lot Details

  • 1.96 Acre Lot
  • South Facing Home
  • Vinyl Fence
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Outbuilding
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 562-20-002

Community Details

Recreation

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

Additional Features

  • Community Lake
  • Medical Services

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,154

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 132.08
  • Estimated Price per Sq Ft: 132.08
  • Year Built Exception: Unknown
  • Num Of Stories: 1.00
  • Total Sq Ft: 1060
  • Year Built: 1930
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Range, Smoke Detector, Sump Pump, Washer
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 5
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1060.00
  • Sq Ft Approx Total Finished: 1060.00

Exterior Features

  • View: Wooded
  • Exterior: Vinyl
  • Exterior Features: Outbuilding, Porch
  • Fences: Vinyl/Plastic
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • 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: Exercise Room, Health Club, Lake, Medical Service, Park, Playground, Pool, Tennis Courts

Schools

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

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.9600
  • Parcel Number: 562-20-002
  • LandLeaseYN: No

Tax Info

  • Tax: 3154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 24, 2022
Sold by
Shell and Kimberly
Bought by
Holutiak Michael J and Holutiak Sandra L
Seller's Agent
Kimberly Shell
RE/MAX Above & Beyond
Buyer's Agent
Sarah Zuk
Howard Hanna
List Price
$179,900
Sold Price
$140,000
Premium/Discount to List
-$39,900
-22.18%
Current Estimated Value
$233,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,337
Avg. Annual Appreciation
16.79%
Original Mortgage
$112,000
Outstanding Balance
$107,891
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$119,648

Purchase Details

Closed on
Apr 4, 2011
Sold by
Shell Virginia Mae
Bought by
Shell Dennis

Purchase Details

Closed on
Feb 8, 2001
Sold by
Shell Virginia Mae
Bought by
Shell Virginia Mae and Shell Melvin C

Purchase Details

Closed on
Feb 5, 1981
Sold by
Shell Victoria
Bought by
Shell Virginia M

Purchase Details

Closed on
Jan 1, 1975
Bought by
Shell Victoria
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
Holutiak Michael J $140,000 Barrister Title
Shell Virginia M -- --
Shell Victoria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holutiak Michael J $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $140,000 -22.2% $132 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $179,900 -- $170 / 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 $2,939 $61,460 $19,740 $41,720
2023 $3,152 $59,680 $19,010 $40,670
2022 $3,197 $59,680 $19,010 $40,670
2021 $3,154 $59,680 $19,010 $40,670
2020 $3,083 $54,740 $17,430 $37,310
2019 $2,978 $156,400 $49,800 $106,600
2018 $3,066 $54,740 $17,430 $37,310
2017 $3,191 $56,010 $13,060 $42,950
2016 $3,160 $56,010 $13,060 $42,950
2015 $3,157 $56,010 $13,060 $42,950
2014 $3,157 $56,010 $13,060 $42,950
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kimberly Shell

    RE/MAX

    1 in this area

    7 Total Sales

    Section Image
  • Sarah Zuk

    Buyer's Agent in 2022

    Sarah Zuk

    Howard Hanna

    (440) 570-4190

    1 in this area

    20 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 4363274

MLS Now

APN: 562-20-002

Ohio Cuyahoga County Independence 44131

5511 Chestnut Rd, Independence, OH

This home is located at 5511 Chestnut Rd, Independence, OH 44131 since 18 April 2022 and is currently estimated at $233,337, approximately $220 per square foot. This property was built in 1930. 5511 Chestnut Rd is a home located in Cuyahoga County with nearby schools including Independence Primary School, Independence Middle School, and Independence High School.

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