NOT LISTED FOR SALE

7 Ridgecrest Dr Chagrin Falls, OH 44022

Estimated Value: $316,000 - $415,000

3 Beds
2 Baths
1,724 Sq Ft
$209/Sq Ft Est. Value

Last Sold January 09, 2017

Last sale price $215,000 $125 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,462/month

9 Days on Market

Highlights

  • 2 Fireplaces
  • Corner Lot
  • Patio
  • Gurney Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

Wonderfully updated home with all first floor living in majestic Lake Louise development of South Russell, Ohio. Enter the home under the covered custom brick patio. Stunning, vaulted living room with stone faced fireplace flows nicely into the plank tiled dining room and updated kitchen with granite counters, subway tile back splash and new s/s appliances. Adjoining eating area and family room with second fireplace. Three bedrooms and two full baths including master suite with great closets, master bath and new slider to private patio. Tons of room to play and entertain outside plus spacious shed. Two car attached garage, updated well equipment, updated windows, any other recent improvements!! Welcome Home!

Last Agent to Sell the Property

Seth Task

Berkshire Hathaway HomeServices Professional Realty License #2005006382 Listed on: 11/23/2016

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Marks of Excellence Team

RE/MAX Traditions License #2006000772

RE/MAX Traditions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,088

Year Built

  • Built in 1959

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 300x150
  • West Facing Home
  • Corner Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,724 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • Association fees include insurance, recreation
  • Lake Louise Community

Listing and Financial Details

  • Assessor Parcel Number 29030560

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,088

Year Built

Built in 1959

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 124.71
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1724
  • Year Built: 1959
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 8

Exterior Features

  • Exterior: Aluminum, Brick
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Electric, Heated
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Lake Louise
  • Subdivision Complex: Lake Louise

Fee Information

  • HOA Fee Includes: Association Insurance, Recreation

Schools

  • School District: Chagrin Falls EVSD
  • School District: Chagrin Falls EVSD

Lot Info

  • Lot Dimensions: 300x150
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 1.0500
  • Parcel Number: 29030560

Tax Info

  • Tax: 5088

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2016
Closed on
Jan 3, 2017
Sold by
Falk Marjorie and Falk Aliza M
Bought by
Gilbert Robert J and Gilbert Laura J
Seller's Agent
Seth Task
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Marks of Excellence Team
RE/MAX Traditions
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Current Estimated Value
$361,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,116
Avg. Annual Appreciation
6.00%
Original Mortgage
$172,000
Outstanding Balance
$90,277
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$265,630

Purchase Details

Listed on
Dec 23, 2015
Closed on
Aug 22, 2016
Sold by
Third Federal Savings & Loan Association
Bought by
Falk Marjorie and Falk Aliza M
Seller's Agent
John Vrsansky, Jr.
On Target Realty, Inc.
Buyer's Agent
Seth Task
Berkshire Hathaway HomeServices Professional Realty
List Price
$219,900
Sold Price
$120,260
Premium/Discount to List
-$99,640
-45.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
593.52%
Original Mortgage
$96,208
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2015
Sold by
Sullivan Mary
Bought by
Third Federal Savings & Loan Association

Purchase Details

Closed on
Oct 27, 2003
Sold by
Welchans Ann E
Bought by
Sullivan Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1988
Bought by
Schoenfeld Richard W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gilbert Robert J $215,000 Enterprise Title Agency Inc
Falk Marjorie $120,300 Attorney
Third Federal Savings & Loan Association $154,000 Attorney
Sullivan Mary $213,000 --
Schoenfeld Richard W $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Robert J $172,000
Closed Falk Marjorie $96,208
Previous Owner Sullivan Mary $25,000
Previous Owner Sullivan Mary $15,000
Previous Owner Sullivan Mary $155,000
Previous Owner Welchans Ann E $142,000
Previous Owner Welchans Ann E $20,000
Previous Owner Welchans Ann E $146,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2017 01/09/17 Sold $215,000 -2.2% $125 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/23/2016 11/23/16 For Sale $219,900 +82.9% $128 / Sq Ft
09/20/2016 09/20/16 Sold $120,260 -45.3% $70 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $219,900 -- $128 / 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 $5,385 $97,590 $19,850 $77,740
2023 $5,385 $97,590 $19,850 $77,740
2022 $5,056 $74,280 $16,560 $57,720
2021 $5,074 $74,280 $16,560 $57,720
2020 $5,360 $74,280 $16,560 $57,720
2019 $541 $69,030 $16,560 $52,470
2018 $5,154 $69,030 $16,560 $52,470
2017 $5,411 $69,030 $16,560 $52,470
2016 $4,557 $66,540 $20,230 $46,310
2015 $5,088 $66,540 $20,230 $46,310
2014 $4,376 $66,540 $20,230 $46,310
2013 $4,407 $66,540 $20,230 $46,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3861801

MLS Now

APN: 29-030560