616 Falls Rd Chagrin Falls, OH 44022
Estimated Value: $1,026,000 - $1,423,000
5
Beds
4
Baths
4,794
Sq Ft
$258/Sq Ft
Est. Value
About This Home
This home is located at 616 Falls Rd, Chagrin Falls, OH 44022 and is currently estimated at $1,238,291, approximately $258 per square foot. 616 Falls Rd is a home located in Cuyahoga County with nearby schools including Gurney Elementary School, Chagrin Falls Intermediate Elementary School, and Chagrin Falls Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 9, 2007
Sold by
Hegan Clifford H and Hegan Rosemary L
Bought by
Johnson Michael A and Johnson Kimberly F
Current Estimated Value
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
Outstanding Balance
$249,198
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$989,093
Purchase Details
Closed on
Jun 2, 2005
Sold by
Leopard Properties Inc
Bought by
Hegan Clifford H and Hegan Rosemary L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 7, 2005
Sold by
Martin Daniel and Martin Terri Joe
Bought by
Leopard Properties Inc
Purchase Details
Closed on
Apr 24, 2000
Sold by
Leighton Victoria and Leighton Victoria
Bought by
Cleveland Laura and Cleveland Grant
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
8.62%
Purchase Details
Closed on
Aug 25, 1992
Sold by
Tippit Lisa C
Bought by
Tippit Carl J
Purchase Details
Closed on
May 16, 1986
Sold by
Weimer Lotte D
Bought by
Tippit Lisa C
Purchase Details
Closed on
Jan 1, 1979
Bought by
Weimer Lotte D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson Michael A | $740,000 | Revere | |
| Hegan Clifford H | $795,000 | Signature Title | |
| Leopard Properties Inc | $616,667 | -- | |
| Cleveland Laura | $835,000 | Title Xperts Agency Inc | |
| Tippit Carl J | -- | -- | |
| Tippit Lisa C | $350,000 | -- | |
| Weimer Lotte D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Michael A | $417,000 | |
| Closed | Hegan Clifford H | $548,000 | |
| Previous Owner | Cleveland Laura | $535,000 |
Source: Public Records
Tax History Compared to Growth
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 | $19,062 | $332,500 | $94,360 | $238,140 |
| 2023 | $18,497 | $279,370 | $62,930 | $216,440 |
| 2022 | $19,655 | $279,370 | $62,930 | $216,440 |
| 2021 | $20,083 | $279,370 | $62,930 | $216,440 |
| 2020 | $21,693 | $279,370 | $62,930 | $216,440 |
| 2019 | $21,358 | $798,200 | $179,800 | $618,400 |
| 2018 | $19,781 | $279,370 | $62,930 | $216,440 |
| 2017 | $20,623 | $257,920 | $80,990 | $176,930 |
| 2016 | $18,317 | $257,920 | $80,990 | $176,930 |
| 2015 | $18,612 | $257,920 | $80,990 | $176,930 |
| 2014 | $18,612 | $257,920 | $80,990 | $176,930 |
Source: Public Records
Map
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