NOT LISTED FOR SALE

8401 Summit Dr Chagrin Falls, OH 44023

Estimated Value: $409,000 - $430,000

4 Beds
2 Baths
1,774 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $290,000 $163 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,286/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Lake Privileges
  • Deck
  • Timmons Elementary School Rated A
  • Cape Cod Architecture
  • 1 Fireplace

About This Home

As of August 2016

Who wouldn't love to live in Lake Lucerne, the friendliest and most fun people around. It feels like vacation year round! Great for families and empty nesters alike. This meticulous, 4 bedroom, 2 bath Cape Cod home has been well cared for and is loaded with charm. The tasteful, neutral "Pottery Barn" decor makes this home MOVE IN READY. 2 Bedrooms on first floor could easily convert to a first floor master suite. Beautiful hardwood floors throughout. Solid wood kitchen cabinets. Many upgrades such as: New Deck (2016), water heater (2016); newer Stainless Steel Kenmore Elite Refrigerator, Microwave and dual fuel Range (gas range and electric oven), Bosch quiet dishwasher (2013) new vinyl windows and shades, throughout (2013) fresh paint, reverse osmosis and whole house water filter and water softener (2014), security system and invisible fence. Home Warranty Included. Just pack your bags and join a really fun community, with Award Winning Schools.

Lake Lucerne is a private lake community. In addition to recreational facilities (swimming, canoeing, fishing, tennis, volleyball, basketball, baseball and pickleball), they maintain and operate their own water system, roads and park facilities. A one time new member fee of $250 is required in addition to the HOA fees which includes water and private well system. Check out the Lake Lucerne Ohio website for more information, pictures, bylaws and community news.

Hurry, this "cream puff" will not last!

Last Agent to Sell the Property

Susan Stone

Keller Williams Living License #2012001501 Listed on: 07/11/2016

Keller Williams Living

Last Buyer's Agent

Michelle Coates

Deleted Agent License #2015004393

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1939

Lot Details

  • 0.51 Acre Lot
  • North Facing Home
  • Property has an invisible fence for dogs

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,774 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Home Security System

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Lake Privileges
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-013600

Community Details

Overview

  • Association fees include insurance, property management, reserve fund, water
  • Lake Lucerne Community

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,571

Year Built

Built in 1939

Lot Details

0.51 Acres

HOA Fees

$122 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Cape Cod
  • House Faces: North
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1939
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1939

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator, Security System, Sump Pump, Water Softener
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Full, Unfinished, Walk-Out
  • Living Area Sq Ft: 1774
  • Estimated Total Living Area: 1774

Exterior Features

  • View: Wooded
  • Exterior: Brick, Wood
  • Exterior Features: Deck
  • Fences: Invisible Pet
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Common Facility, Playground, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 730.00
  • HOA Fee Frequency: Semi Annually
  • Hoa Name: Lake Lucerne Club Co
  • Subdivision Complex: Lake Lucerne

Fee Information

  • HOA Fee Includes: Association Insurance, Property Management, Reserve Fund, Water

Schools

  • School District: Kenston LSD

Lot Info

  • Additional Assessor Parcel Number 1: 02-013500
  • Lot Description: Lake Privileges/Acce
  • Lot Size Units: Acres
  • Acres: 0.5100
  • Parcel Number: 02-013600

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 4571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 27, 2016
Sold by
Majors Jason D and Majors Christine A
Bought by
Reffett Heather A
Seller's Agent
Susan Stone
Keller Williams Living
Buyer's Agent
Michelle Coates
Deleted Agent
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Current Estimated Value
$501,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,166
Avg. Annual Appreciation
3.85%
Original Mortgage
$275,793
Outstanding Balance
$220,222
Interest Rate
3.42%
Mortgage Type
FHA
Estimated Equity
$195,908

Purchase Details

Closed on
Sep 17, 1993
Bought by
Bagley Florence N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reffett Heather A $290,000 Lawyers Title Of Chardon
Bagley Florence N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reffett Heather A $275,793
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $290,000 -1.7% $163 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $295,000 -- $166 / Sq Ft
Source: MLS Now

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 $6,683 $95,340 $21,280 $74,060
2023 $6,570 $95,340 $21,280 $74,060
2022 $6,110 $81,070 $17,750 $63,320
2021 $6,065 $81,070 $17,750 $63,320
2020 $6,111 $81,070 $17,750 $63,320
2019 $5,589 $69,240 $17,750 $51,490
2018 $5,761 $69,240 $17,750 $51,490
2017 $5,589 $69,240 $17,750 $51,490
2016 $4,376 $62,730 $19,500 $43,230
2015 $4,255 $62,730 $19,500 $43,230
2014 $3,888 $62,730 $19,500 $43,230
2013 $3,918 $62,730 $19,500 $43,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3823569

MLS Now

APN: 02-013600

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