NOT LISTED FOR SALE

8270 Summit Dr Chagrin Falls, OH 44023

Estimated Value: $631,000 - $691,049

4 Beds
3 Baths
3,198 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $543,000 $170 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,336/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • Lake Privileges
  • Deck
  • Timmons Elementary School Rated A
  • Community Lake
  • Wooded Lot

About This Home

As of September 2022

ABSOLUTELY beautiful stone and cedar shake transitional home situated on just under an acre in the much sought after community of Lake Lucerne! Beautiful renovations throughout including a spectacular chef's kitchen featuring custom cabinetry, quartz counter tops and stainless steel appliances. The floor plan is perfect for entertaining and your guests will truly feel they are at a private oasis as they enjoy nature at it's best from the ample window views, or from the newer flag stone front porch, or on the impressive newer back deck and pebble stone patio surrounded by perennial gardens. This lovely home also features an incredible master suite that includes modern and updated bath showcasing Carrera marble counter top with dual sinks, walk in glass enclosed Carrera marble tiled shower, radiant heated flooring and two walk-in closets. Enjoy sitting by the fire in either the family or vaulted ceiling living room areas.... again perfect for entertaining family and friends! There is an awesome recreational and or exercise room in the lower level with gas fireplace and amazing natural light from the multiple windows. Many more updates and features throughout including newer roof and gutters, newer exterior and interior lighting, newer hardwood flooring in the family room, first floor laundry and generator to name a few. Great location...just minutes away from the Village of Chagrin Falls, dining, shopping and freeway. Call listing agent for an appointment today!

Last Agent to Sell the Property

Michelle McQuade

Howard Hanna License #2013003551 Listed on: 08/19/2022

Howard Hanna

Last Buyer's Agent

Rachel Liberati

Howard Hanna License #2013003329

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,822

Year Built

  • Built in 1936

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 165x200
  • Wooded Lot

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Asphalt Roof
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Views of Woods
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02 -297500

Community Details

Overview

  • Association fees include recreation, snow removal
  • Lake Lucerne Community
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,822

Year Built

Built in 1936

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Price Per Square Foot: 195.68
  • Estimated Price per Sq Ft: 195.68
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2775
  • Year Built: 1936
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1936

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Partially Finished, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2775.00
  • Sq Ft Approx Below Grade Finished: 423.00
  • Sq Ft Approx Total Finished: 3198.00

Exterior Features

  • View: Wooded
  • Exterior: Stone, Wood
  • Exterior Features: Deck, Patio, Porch
  • Roof: Asphalt/Fiberglass, Rubber

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Lake, Park, Playground, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 1440.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Lake Lucerne Club Company
  • Subdivision Complex: Lake Lucerne

Fee Information

  • HOA Fee Includes: Recreation, Snow Removal

Schools

  • School District: Kenston LSD

Lot Info

  • Lot Dimensions: 165x200
  • Lot Description: Lake Privileges/Acce, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.7600
  • Parcel Number: 02 -297500
  • LandLeaseYN: No

Tax Info

  • Tax: 6822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Aug 31, 2022
Sold by
David And Barbara Schuman Trust
Bought by
Mekhail Mark N and Mekhail Carolyn A
Seller's Agent
Michelle McQuade
Howard Hanna
Buyer's Agent
Rachel Liberati
Howard Hanna
List Price
$525,000
Sold Price
$543,000
Premium/Discount to List
$18,000
3.43%
Views
53
Current Estimated Value
$666,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,762
Avg. Annual Appreciation
6.23%
Original Mortgage
$472,410
Outstanding Balance
$451,513
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$215,249

Purchase Details

Closed on
Dec 9, 2021
Sold by
Schuman David and Schuman Barbara
Bought by
Schuman David and Schuman Barbara

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 29, 2019
Sold by
Repke William M and Repke Mariana
Bought by
Schuman David and Schuman Barbara
Seller's Agent
Paul Koerwitz
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Jeannie Tavrell
Deleted Agent
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$210,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1998
Sold by
Repke William M and Repke Mariana
Bought by
Repke William M and Repke Mariana

Purchase Details

Closed on
Jun 19, 1991
Bought by
Repke William M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mekhail Mark N $543,000 --
Schuman David -- None Available
Schuman David $330,000 Chicago Title Insurance Co
Repke William M -- --
Repke William M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mekhail Mark N $472,410
Previous Owner Schuman David $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2022 09/01/22 Sold $543,000 +3.4% $170 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $525,000 +59.1% $164 / Sq Ft
08/30/2019 08/30/19 Sold $330,000 -5.7% $92 / Sq Ft View Prior Sale
08/01/2019 08/01/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $350,000 +6.1% $97 / Sq Ft
07/23/2019 07/23/19 Off Market $330,000 -- --
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 $9,051 $169,410 $39,590 $129,820
2023 $9,051 $169,410 $39,590 $129,820
2022 $6,913 $111,230 $32,970 $78,260
2021 $6,822 $111,230 $32,970 $78,260
2020 $7,008 $111,230 $32,970 $78,260
2019 $6,008 $96,600 $32,970 $63,630
2018 $6,006 $96,600 $32,970 $63,630
2017 $3,004 $96,600 $32,970 $63,630
2016 $5,804 $91,950 $30,520 $61,430
2015 $5,157 $91,950 $30,520 $61,430
2014 $5,157 $91,950 $30,520 $61,430
2013 $5,196 $91,950 $30,520 $61,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4402320

MLS Now

APN: 02-297500