NOT LISTED FOR SALE

7940 Mcfarland Ridge Chagrin Falls, OH 44023

Estimated Value: $933,000 - $1,009,000

4 Beds
3.5 Baths
3,527 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 02, 2019

Last sale price $570,000 $162 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,355/month

31 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Patio
  • Timmons Elementary School Rated A
  • 3 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

Enjoy the lifestyle this home offers on a private wooded cul du sac. This 2 yr. old home represents the best of a new home with details found in older homes. It has a great open floor plan. The great room, which overlooks a wooded backyard, offers a wonderful fireplace & large windows which illuminate the lst & 2nd floors. The eat in kitchen has large island for seating, granite countertops, professionsl stainless steel appliances & an area for a large table. The kitchen expands into a 4 season sunroom which would be great with a couch & chairs or as a playroom. Entering from the garage, you are met with a large mudroom with built ins and cubby space. There is also a powder room & a large laundry room w/ space for storage, cabinets & ironing. There is a separate office off the kitchen which has a pass through window to the kitchen & sunroom; perfect for keeping an eye on the kids. Upstairs, the master suite includes a huge walk in closet, bedroom, sitting room & a fabulous bath with large walk in shower. There are 3 other bedrooms on the 2nd floor (2 with walk in closets) as well as 2 additional full baths. The extra surprise is a loft area/2nd family room; a perfect play area, teen hang out or a quiet place to read and relax. The unfinished basement is ready for another bedroom & plumbed for a bathroom. The backyard has a wonderful stone patio with firepit & nice privacy from the extra deep lot behind. 5 minutes from Chagrin Falls, this is a perfect family home.

Last Agent to Sell the Property

Joan Slater

Deleted Agent License #370326 Listed on: 02/11/2019

Deleted Agent

Last Buyer's Agent

Leslie Munsell

HomeSmart Real Estate Momentum LLC License #2015003761

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,400

Year Built

  • Built in 2017

Lot Details

  • 0.63 Acre Lot
  • West Facing Home

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,527 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Association fees include trash removal
  • Mc Farland Woods Sub Community

Listing and Financial Details

  • Assessor Parcel Number 02-421321

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,400

Year Built

Built in 2017

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 161.61
  • Estimated Price per Sq Ft: 161.61
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3527
  • Year Built: 2017
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2017

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Garbage Disposal, Microwave, Wall Oven, Refrigerator, Smoke Detector
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 15
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 3527.00
  • Sq Ft Approx Total Finished: 3527.00

Exterior Features

  • Exterior: Stone, Vinyl
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener
  • 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: 1100.00
  • HOA Fee Frequency: Annually
  • Hoa Name: McFarland Woods
  • Subdivision Complex: Mc Farland Woods Sub

Fee Information

  • HOA Fee Includes: Trash Removal

Schools

  • School District: Kenston LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.6300
  • Parcel Number: 02-421321

Tax Info

  • Tax: 12400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2019
Closed on
Apr 30, 2019
Sold by
Latta Stuart J
Bought by
Cono Thomas E and Cono Sheay M
Seller's Agent
Joan Slater
Deleted Agent
Buyer's Agent
Leslie Munsell
HomeSmart Real Estate Momentum LLC
List Price
$589,000
Sold Price
$570,000
Premium/Discount to List
-$19,000
-3.23%
Current Estimated Value
$968,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,107
Avg. Annual Appreciation
8.36%
Original Mortgage
$320,000
Outstanding Balance
$281,345
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$686,762

Purchase Details

Closed on
Oct 3, 2017
Bought by
Stuart J Latta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.83%

Purchase Details

Closed on
Sep 8, 2016
Sold by
Vpc Development Llc
Bought by
Pulte Homes Of Ohio Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cono Thomas E $570,000 Ohio Real Title
Stuart J Latta $569,100 --
Pulte Homes Of Ohio Llc $253,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cono Thomas E $320,000
Previous Owner Stuart J Latta --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold $570,000 -3.2% $162 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $589,000 -- $167 / 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 $14,037 $262,710 $48,510 $214,200
2023 $14,037 $262,710 $48,510 $214,200
2022 $12,635 $206,680 $40,430 $166,250
2021 $12,677 $206,680 $40,430 $166,250
2020 $13,022 $206,680 $40,430 $166,250
2019 $2,909 $40,430 $40,430 $0
2018 $12,413 $180,470 $40,430 $140,040
2017 $2,909 $40,430 $40,430 $0
2016 $2,967 $40,430 $40,430 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4069268

MLS Now

APN: 02-421321