$348,150
SOLD APR 6, 2015

6075 Penfield Ln Solon, OH 44139

4 Beds
5 Baths
5,003 Sq Ft
1 Acres

Recently Sold

$70 Per Sq Ft

52% Above List Price

13 Days on Market

Highlights

  • View of Trees or Woods
  • 1 Acre Lot
  • Deck
  • Orchard Middle School Rated A+
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of September 2015

Fantastic opportunity! Location, Location! This home will require work. Most of the first floor was gutted to the studs along with two bdrms & a full bath upstairs. The bank did have a new sub floor installed on the first level. Great floor plan! First floor offers a formal dining rm, kitchen, great rm with vaulted ceilings, formal living rm, study/den, laundry rm, 2 possible half baths and foyer. Second floor has 4 bedrooms. Two of them are intact and the other two have been gutted. The gutted bdrms have a jack and jill style full bath. The master bdrm has a full glamour bath with jetted tub!, two large room that make up the closet with tons of built-ins. Three car finished attached garage, full basement which appears to have been plumbed for another bathroom. PLEASE watch some of the wires that are hanging as electric is on. All offers require proof of funds letter or pre-approval, an earnest money deposit of $1000 or a minimum of 1% of the purchase price, whichever is greater. Must be held by listing brokerage or title company, no exceptions! Offers will not be reviewed without it. Offers will NOT be reviewed until the property has been listed on the MLS for a minimum of 7 calendar days.BEWARE- DRIVEWAY NOT PLOWED YET.

Last Agent to Sell the Property

Heather Lutz Neal

Century 21 Goldfire Realty License #426407 Listed on: 03/05/2015

Century 21 Goldfire Realty

Last Buyer's Agent

Kathie Lutz

Century 21 Goldfire Realty License #325553

Century 21 Goldfire Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 159x274

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,003 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Chagrin Hlnds 01 Ph 02 Community

Listing and Financial Details

  • Assessor Parcel Number 955-08-022

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 69.59
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 5003
  • Year Built: 1992
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1992

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Half Bathrooms: 2
  • Basement Detail: Full
  • Estimated Sq Ft: 5003

Exterior Features

  • View: Wooded
  • Exterior: Brick, Vinyl
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Chagrin Highlands
  • Subdivision Complex: Chagrin Hlnds 01 Ph 02

Schools

  • School District: Solon CSD
  • School District: Solon CSD

Lot Info

  • Lot Dimensions: 159x274
  • Lot Size Units: Acres
  • Acres: 1.0000
  • Parcel Number: 955-08-022

Tax Info

  • Tax: 13690

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2015
Closed on
Sep 24, 2015
Sold by
6075 Penfield Ln Llc
Bought by
Liu Peter S and Kozak Jennifer A
Seller's Agent
David Aronovich
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Robert Cugini
Keller Williams Living
List Price
$795,000
Sold Price
$695,000
Premium/Discount to List
-$100,000
-12.58%
Current Estimated Value
$988,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,396
Avg. Annual Appreciation
3.56%
Original Mortgage
$417,000
Outstanding Balance
$327,750
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$660,646

Purchase Details

Listed on
Mar 5, 2015
Closed on
Mar 25, 2015
Sold by
The Huntington National Bank
Bought by
6075 Penfield Ln Llc
Seller's Agent
Heather Lutz Neal
Century 21 Goldfire Realty
Buyer's Agent
Kathie Lutz
Century 21 Goldfire Realty
List Price
$229,000
Sold Price
$348,150
Premium/Discount to List
$119,150
52.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
335.27%
Original Mortgage
$500,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 26, 2014
Sold by
Brown Bruce A
Bought by
The Huntington National Bank

Purchase Details

Closed on
Sep 22, 2011
Sold by
B Andrew Brown & Associates Llc
Bought by
The Bruce Andrew Brown Group Ltd

Purchase Details

Closed on
Feb 1, 2008
Sold by
Brown Bruce A and Brown Suzanne E
Bought by
B Andrew Brown & Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2007
Sold by
Amador Dalisay V
Bought by
Brown Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1993
Bought by
Amador Dalisay
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 Type Sale Price Title Company
Warranty Deed $695,000 Mutual Title
Limited Warranty Deed $348,150 Hbi Title
Sheriffs Deed $571,795 Attorney
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Fiduciary Deed $587,500 Foundation Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Previous Owner $417,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2015 09/25/15 Sold $695,000 -12.6% $139 / Sq Ft View Prior Sale
09/23/2015 09/23/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $795,000 +128.3% $159 / Sq Ft
04/06/2015 04/06/15 Sold $348,150 +52.0% $70 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $229,000 -- $46 / 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 $16,828 $307,510 $35,000 $272,510
2023 $16,601 $248,120 $34,410 $213,710
2022 $16,566 $248,115 $34,405 $213,710
2021 $16,377 $248,120 $34,410 $213,710
2020 $17,555 $243,250 $33,740 $209,510
2019 $17,002 $695,000 $96,400 $598,600
2018 $14,674 $243,250 $33,740 $209,510
2017 $15,298 $231,110 $35,250 $195,860
2016 $15,153 $210,040 $35,250 $174,790
2015 $30,252 $210,040 $35,250 $174,790
2014 $30,252 $196,290 $32,940 $163,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3688865

MLS Now

APN: 955-08-022