NOT LISTED FOR SALE

5511 Chestnut Rd Independence, OH 44131

Independence Area

Estimated Value: $178,000 - $236,000

2 Beds
2 Baths
1,060 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

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

Est. 53% increase in value since last sale

Current estimated payment $1,373 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

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

Parking

  • 2 Car Detached Garage
  • Driveway

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

1.96 Acres

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 24, 2022
Sold by
Bought by
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
$214,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,218
Avg. Annual Appreciation
10.96%
Original Mortgage
$112,000
Outstanding Balance
$105,155
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$109,063

Purchase Details

Closed on
Feb 5, 1981
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Independence, OH

  • Suzanne Lambert Real Estate Agent - Howard Hanna

    Suzanne Lambert

    Responds Quickly

    Howard Hanna

    (937) 745-3630

    501 Total Sales

    7 in Independence

    $179K - $650K Price Range

    Suzanne Lambert
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  • Aaron Peterson Real Estate Agent - SOGO Homes LLC

    Aaron Peterson

    SOGO Homes LLC

    (234) 414-6426

    201 Total Sales

    1 in Independence

    $375,000 Price

    Aaron Peterson
     Section Image
  • Jason Beard Real Estate Agent - Keller Williams Greater Metropolitan

    Jason Beard

    Keller Williams Greater Metropolitan

    (216) 238-3891

    172 Total Sales

    1 in Independence

    $275,000 Price

    Jason Beard
     Section Image
  • Jodi Kidd Real Estate Agent - Russell Real Estate Services

    Jodi Kidd

    Russell Real Estate Services

    (440) 517-7024

    95 Total Sales

    1 in Independence

    $335,000 Price

    Jodi Kidd
     Section Image
  • Carol Hull Real Estate Agent - Keller Williams Elevate

    Carol Hull

    Keller Williams Elevate

    (216) 290-0692

    91 Total Sales

    1 in Independence

    $230,000 Price

    Carol Hull
     Section Image
  • Ivana Carson Real Estate Agent - Keller Williams Elevate

    Ivana Carson

    Keller Williams Elevate

    (216) 284-9521

    122 Total Sales

    1 in Independence

    $530,000 Price

    Ivana Carson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Barrister Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,837 $61,460 $19,740 $41,720
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

  • Sarah Zuk Real Estate Agent - Howard Hanna

    Buyer's Agent in 2022

    Sarah Zuk

    Howard Hanna

    (440) 570-4190

    14 Total Sales

    Sarah Zuk
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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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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