NOT LISTED FOR SALE

5520 Canyon Ridge Dr Painesville, OH 44077

Estimated Value: $489,000 - $539,000

4 Beds
3.5 Baths
3,220 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $489,000 $152 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,247/month

27 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Granite Countertops
  • Open Floorplan
  • Hydromassage or Jetted Bathtub
  • Beamed Ceilings

About This Home

As of May 2024

Desirable Canyon Ridge development with gorgeous housing and beautifully landscaped, rolling terrain. Situated in Perry Township and within the Perry Local School District; however, a Painesville 44077 mailing address.
Spacious colonial design perched atop a .74 acre lot. A very well cared for, neat, clean and orderly home ... inside & out! Newer
dimensional shingle roof (2020), covered front porch with brick facing and 3 car, side entry garage. Spacious layout with generous room sizes throughout. Great kitchen design and open to the family room ... oak flooring, abundant cabinetry, tasteful back splash and beautiful "blue pearl" granite counter space with large breakfast bar. Dinette area with oak flooring, wood beamed ceiling & wrap around molding. Huge family room with vaulted & beamed ceiling, 4 skylights & several windows, masonry fireplace with stone face and hearth, oak mantel, newer gas logs & glass doors. Family room transitions to a 20 x 14' three season room offering five sets of sliders and overlooking the pool, patio area. Living room, formal dining room, exceptional laundry room/drop zone area and half bathroom rounds out the main level.
Upper level offers a master bedroom suite, 3 additional bedrooms and a full bathroom. Lower level is partially finished with guest bedroom or office, huge rec room with pool table, workshop/storage space, mechanical room and 3rd full bathroom. Garage includes epoxy floor, automatic door openers, storage cabinets, attic storage w/pull-down stairway access. Anderson windows, oak baseboard/trim/crown moldings, six paneled oak doors, lights in closets and more. All appliances and even a home warranty included! In-ground pool with newer liner ... pool is fenced-in with plenty of lounging space. List of miscellaneous updates, pool detail and HOA detail available upon request.

Last Agent to Sell the Property

Dennis Falvey

RE/MAX Results Brokerage Email: dennis.falvey@remax.net 440-477-4310 License #307111 Listed on: 03/25/2024

RE/MAX Results

Last Buyer's Agent

Michael Kaim

Real of Ohio License #430767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,015

Year Built

  • Built in 1993

Lot Details

  • 0.74 Acre Lot
  • Street terminates at a dead end
  • East Facing Home
  • Partially Fenced Property
  • Vinyl Fence
  • Landscaped
  • Back Yard

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,220 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Pool

  • In Ground Pool
  • Fence Around Pool
  • Pool Cover
  • Pool Liner

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • Association fees include common area maintenance, ground maintenance
  • Canyon Ridge Community Assoc. Association
  • Canyon Ridge Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 03-A-002-C-00-075-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,015

Year Built

Built in 1993

Lot Details

0

HOA Fees

$37 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1993
  • Attribution Contact: dennis.falvey@remax.net 440-477-4310
  • ResoLotFeatures: Back Yard, Dead End, Landscaped
  • ResoPoolFeatures: Fenced, In Ground, Pool Cover, Liner
  • Reso Association Fee Includes: Common Area Maintenance, Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Canyon Ridge Sub
  • Above Grade Finished Sq Ft: 3220.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Pantry, Vaulted Ceiling(s), Natural Woodwork, Jetted Tub
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Partially Finished, Bath/Stubbed, Storage Space, Sump Pump
  • Basement: Yes
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Factory Built, Glass Doors, Gas Log, Gas
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Fenced, Partial, Vinyl
  • Acres: 0.74
  • Pool Private: Yes
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: East
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Front Porch, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Side

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Main Level, Laundry Room, Laundry Tub, Sink
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 440.0
  • Association Fee Frequency: Annually
  • Association Name: Canyon Ridge Community Assoc.
  • Association: Yes

Schools

  • Junior High Dist: Perry LSD Lake- 4307

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-A-002-C-00-075-0
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6015.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 18, 2024
Sold by
Gannitello Joseph and Gannitello Mary Ann
Bought by
Brown Sara and Davis Brian
Seller's Agent
Dennis Falvey
RE/MAX Results
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$499,900
Sold Price
$489,000
Premium/Discount to List
-$10,900
-2.18%
Views
120
Current Estimated Value
$517,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,576
Avg. Annual Appreciation
4.02%
Original Mortgage
$474,330
Outstanding Balance
$467,603
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$49,973

Purchase Details

Closed on
Oct 23, 2008
Sold by
Iacofano Colleen A
Bought by
Gannitello Joseph and Gannitello Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2000
Sold by
Iacofano Alan F and Iacofano Colleen A
Bought by
Iacofano Colleen A

Purchase Details

Closed on
Nov 24, 1993
Bought by
Iacofano Alan F
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
Brown Sara $489,000 None Listed On Document
Gannitello Joseph $318,000 Attorney
Iacofano Colleen A -- --
Iacofano Alan F $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Sara $474,330
Previous Owner Gannitello Joseph $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold $489,000 -2.2% $152 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $499,900 -- $155 / 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 -- $159,540 $29,540 $130,000
2023 $6,015 $129,610 $24,620 $104,990
2022 $6,032 $129,610 $24,620 $104,990
2021 $6,032 $129,610 $24,620 $104,990
2020 $5,232 $108,000 $20,510 $87,490
2019 $5,236 $108,000 $20,510 $87,490
2018 $4,919 $87,190 $11,530 $75,660
2017 $4,205 $87,190 $11,530 $75,660
2016 $4,179 $87,190 $11,530 $75,660
2015 $4,177 $87,190 $11,530 $75,660
2014 $4,099 $87,190 $11,530 $75,660
2013 $4,097 $87,190 $11,530 $75,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5026127

MLS Now

APN: 03-A-002-C-00-075