NOT LISTED FOR SALE

8441 Summit Dr Chagrin Falls, OH 44023

Estimated Value: $396,220 - $461,000

4 Beds
2 Baths
1,975 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $290,000 $147 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,776/month

33 Days on Market

Highlights

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

About This Home

As of June 2016

Updated Cape on .85 acres in sought after Lake Lucerne (double lot–2.5 lots with building potential!) 3 car garage plus walkout basement. COUNTLESS updates including a newer kitchen with wood floors, granite, soft close cabinets, & SS appliances, also remodeled bathrooms. Newer: roofs, Anderson windows, mechanicals, 10x12 outbuilding, and neutral carpeting throughout. First floor 4th bedroom or office. 4 season sunroom. Hardwood under carpeting in most of home too! Walkout, unfinished basement. One of a kind lake community with beach, tennis, softball, community green, and extraordinary July 4th annual celebration. Check out the community's website online! Very convenient location to 422, Cleveland, and all of the amenities and restaurants in Bainbridge, Chagrin Falls, Solon and Aurora. Homeowner’s fees include water. There's even private blueberry bushes and a raspberry patch! Won’t last.

Last Agent to Sell the Property

Laurel Worley Heater

Howard Hanna License #414801 Listed on: 05/10/2016

Howard Hanna

Co-Listed By

Kristen Worley Thalman

Howard Hanna License #2006001198

Last Buyer's Agent

Laurel Worley Heater

Howard Hanna License #414801 Listed on: 05/10/2016

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,748

Year Built

  • Built in 1938

Lot Details

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

HOA Fees

  • $122 Monthly HOA Fees

Parking

  • 3 Car Detached Garage

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,975 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02330100

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,748

Year Built

Built in 1938

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • House Faces: North
  • Price Per Square Foot: 146.84
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1975
  • Year Built: 1938
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1938

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Water Softener
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Walk-Out
  • Living Area Sq Ft: 1975
  • Estimated Total Living Area: 1975
  • Estimated Sq Ft: 1975

Exterior Features

  • View: Park, Wooded
  • Exterior: Vinyl
  • Exterior Features: Deck, Patio
  • Fences: Invisible Pet
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 3

Utilities

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

Association/Amenities

  • Amenities: Common Facility, Park, Playground, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 1460.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Lake Lucerne Club Company
  • Subdivision Complex: Lake Lucerne

Fee Information

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

Schools

  • School District: Kenston LSD

Lot Info

  • Additional Assessor Parcel Number 1: 02330000
  • Additional Assessor Parcel Number 2: 02330200
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.8500
  • Parcel Number: 02330100

Tax Info

  • Tax: 5748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Jun 24, 2016
Sold by
Mcvicker Mark E and Mcvicker Lori S
Bought by
Coffelt Matthew R and Coffelt Nadine K
Seller's Agent
Laurel Worley Heater
Howard Hanna
Buyer's Agent
Laurel Worley Heater
Howard Hanna
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$427,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,055
Avg. Annual Appreciation
4.14%
Original Mortgage
$155,000
Outstanding Balance
$69,556
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$357,499

Purchase Details

Closed on
Dec 7, 2004
Sold by
Hewitt Relocation Services Inc
Bought by
Mcvicker Mark E and Mcvicker Lori S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 29, 2004
Sold by
Stone Steven and Stone Rebecca
Bought by
Hewitt Relocation Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 22, 2001
Sold by
Sieber Linda A
Bought by
Stone Steven and Stone Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,900
Interest Rate
6.97%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Sieber John A
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
Coffelt Matthew R $290,000 Mortgage Information Svcs In
Mcvicker Mark E $305,000 Enterprise Title
Hewitt Relocation Services Inc $305,000 Enterprise Title
Stone Steven $259,500 Midland Title Security Inc
Sieber John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffelt Matthew R $155,000
Previous Owner Mcvicker Mark E $274,500
Previous Owner Stone Steven $246,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $290,000 -3.3% $147 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $299,900 -- $152 / 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 $5,055 $94,610 $16,140 $78,470
2023 $5,055 $94,610 $16,140 $78,470
2022 $4,703 $76,930 $13,440 $63,490
2021 $4,718 $76,930 $13,440 $63,490
2020 $4,847 $76,930 $13,440 $63,490
2019 $467 $65,070 $13,440 $51,630
2018 $6,673 $65,070 $13,440 $51,630
2017 $4,450 $65,070 $13,440 $51,630
2016 $4,422 $63,390 $19,500 $43,890
2015 $4,300 $63,390 $19,500 $43,890
2014 $3,929 $63,390 $19,500 $43,890
2013 $3,959 $63,390 $19,500 $43,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3806784

MLS Now

APN: 02-330100