NOT LISTED FOR SALE

8488 Summit Dr Chagrin Falls, OH 44023

Estimated Value: $390,000 - $451,000

3 Beds
2.5 Baths
1,864 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $257,500 $138 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,693/month

153 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Direct Access Garage
  • 1-Story Property
  • Timmons Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

Welcome home to this move-in ready ranch in beautiful Lake Lucerne! Walk into the light-filled foyer that leads to the expansive family room with gas fireplace and newer carpet! The updated eat-in kitchen with Corian countertops includes all appliances. The master suite features a large walk-in closet and en suite. There are two other large bedrooms and full bath with whirlpool tub. The backyard has private deck and has an entrance to the mudroom/laundry room, great for pets! Roof is only 3 YEARS OLD! Newer Hot water tank and disposal. This one won't last long!

Last Agent to Sell the Property

Katy Burry

Deleted Agent License #2013000688 Listed on: 10/03/2019

Co-Listed By

Nancy Bass

Deleted Agent License #405219

Last Buyer's Agent

Diane Joeright

Howard Hanna License #414126

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,915

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 119 x 145

HOA Fees

  • $116 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 02-067700

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,915

Year Built

Built in 1987

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 138.14
  • Estimated Price per Sq Ft: 138.14
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1864
  • Year Built: 1987
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1987

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Room Count: 7
  • Sq Ft Approx Above Grade Finished: 1864.00
  • Sq Ft Approx Total Finished: 1864.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, 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

Condo/Co-op/Association

  • HOA Fees: 1390.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Lake Lucerne
  • Subdivision Complex: Lake Lucerne

Fee Information

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

Schools

  • School District: Kenston LSD

Lot Info

  • Lot Dimensions: 119 x 145
  • Lot Size Units: Acres
  • Acres: 0.3400
  • Parcel Number: 02-067700

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 4915

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2020
Sold by
Colasante Rose Carol
Bought by
Colasante Rose Carol and Rose Carol Colasante Living Tu
Current Estimated Value
$417,207

Purchase Details

Listed on
Oct 3, 2019
Closed on
Apr 7, 2020
Sold by
Flannery Susan
Bought by
Colasante Rose Carol
Seller's Agent
Katy Burry
Deleted Agent
Buyer's Agent
Diane Joeright
Howard Hanna
List Price
$329,900
Sold Price
$257,500
Premium/Discount to List
-$72,400
-21.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$206,000
Outstanding Balance
$182,491
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$234,716

Purchase Details

Listed on
Aug 7, 2015
Closed on
Jan 11, 2016
Sold by
Moyer Grace
Bought by
Flannery Susan
Seller's Agent
Carol Hughes
Deleted Agent
Buyer's Agent
Elizabeth Scolnick
Howard Hanna
List Price
$250,000
Sold Price
$237,000
Premium/Discount to List
-$13,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Markowitz Ricky
Bought by
Moyer Grace

Purchase Details

Closed on
Jan 19, 2004
Sold by
Markowitz Stanford
Bought by
Markowitz Stanford and The Stanford Markowitz Trust

Purchase Details

Closed on
Jan 1, 1990
Bought by
Markowitz Stanford
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Colasante Rose Carol -- None Available
Colasante Rose Carol $257,500 None Available
Flannery Susan $237,000 Multiple
Moyer Grace -- Attorney
Markowitz Stanford -- --
Markowitz Stanford -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colasante Rose Carol $206,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2020 04/08/20 Sold $257,500 -10.9% $138 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/24/2020 02/24/20 Price Changed $289,000 -3.6% $155 / Sq Ft
10/29/2019 10/29/19 Price Changed $299,900 -6.3% $161 / Sq Ft
10/16/2019 10/16/19 Price Changed $319,900 -3.0% $172 / Sq Ft
10/03/2019 10/03/19 For Sale $329,900 +39.2% $177 / Sq Ft
01/19/2016 01/19/16 Sold $237,000 -5.2% $127 / Sq Ft View Prior Sale
10/23/2015 10/23/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $250,000 -- $134 / 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 $4,737 $98,460 $25,270 $73,190
2023 $4,737 $98,460 $25,270 $73,190
2022 $4,574 $83,580 $21,070 $62,510
2021 $4,590 $83,580 $21,070 $62,510
2020 $5,266 $83,580 $21,070 $62,510
2019 $4,916 $71,890 $21,070 $50,820
2018 $4,915 $71,890 $21,070 $50,820
2017 $4,916 $71,890 $21,070 $50,820
2016 $5,184 $74,310 $19,500 $54,810
2015 $4,064 $74,310 $19,500 $54,810
2014 $4,064 $74,310 $19,500 $54,810
2013 $4,094 $74,310 $19,500 $54,810
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Katy Burry

    Deleted Agent

    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Nancy Bass

    Deleted Agent

    Section Image
  • Diane Joeright

    Buyer's Agent in 2020

    Diane Joeright

    Howard Hanna

    (216) 390-0127

    47 Total Sales

    Diane Joeright
    Section Image

  • C

    Buyer Co-Listing Agent in 2020

    Chad Joeright

    Howard Hanna

    (440) 591-8043

    42 Total Sales

    Chad Joeright
    Section Image

  • C

    Seller's Agent in 2016

    Carol Hughes

    Deleted Agent

    Section Image
  • Elizabeth Scolnick

    Buyer's Agent in 2016

    Elizabeth Scolnick

    Howard Hanna

    (440) 247-8900

    3 in this area

    25 Total Sales

    Elizabeth Scolnick
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4139768

MLS Now

APN: 02-067700

Ohio Geauga County Chagrin Falls 44023

8488 Summit Dr, Chagrin Falls, OH

Not Listed for Sale

Detached

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