NOT LISTED FOR SALE

8875 Summerset Ln Unit 119 Olmsted Falls, OH 44138

Estimated Value: $232,000 - $251,000

3 Beds
2.5 Baths
1,660 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $128,000 $77 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,839/month

85 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Colonial Architecture
  • Falls-Lenox Primary Elementary School Rated A-
  • View of Trees or Woods
  • Wooded Lot

About This Home

As of June 2013

Make yourself at home in this beautiful 3 bedroom, 2-1/2 bath Colonial on a quiet cul-de-sac! This home features carpet & windows installed in 2012, granite countertops & an updated master bath! The house boasts a 1st flr laundry, gorgeous stone wood burning fireplace, eat-in kitchen, fresh neutral paint & an extra deep attached 2 car garage, and includes a 1 yr Homeowner's Warranty! Relax on either of the 2 outdoor patios with plenty of space for outdoor cookouts & grilling. Enjoy the many amenities of this highly sought-after subdivision including the private lake, picnic tables, pool & playground. With over $15K in improvements, this house is a must see!

Last Agent to Sell the Property

George Sarris

Berkshire Hathaway HomeServices Professional Realty License #274757 Listed on: 03/26/2013

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Melanie Bowen

Howard Hanna License #216951

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Cul-De-Sac
  • Southwest Facing Home
  • Wood Fence
  • Wooded Lot

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Cluster Home
  • Asphalt Roof

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 291-03-808

Community Details

Overview

  • Association fees include insurance, landscaping, property management, recreation, snow removal
  • Raintree Community

Amenities

  • Medical Services
  • Common Area
  • Shops

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cluster Home, Colonial
  • House Faces: Southwest
  • Price Per Square Foot: 77.11
  • Num Of Stories: 2.00
  • Total Sq Ft: 1660
  • Year Built: 1981
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Smoke Detector
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 16
  • Basement Detail: Slab
  • Estimated Sq Ft: 1660

Exterior Features

  • View: Wooded
  • Exterior: Aluminum
  • Exterior Features: Patio
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Cooling Type: Heat Pump
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Common Facility, Golf Available, Medical Service, Park, Playground, Pool, Shopping/Mall

Condo/Co-op/Association

  • HOA Fees: 140.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Summerset of Raintree Condo Assn
  • Subdivision Complex: Raintree

Fee Information

  • HOA Fee Includes: Association Insurance, Landscaping, Property Management, Recreation, Snow Removal

Schools

  • School District: Olmsted Falls CSD
  • School District: Olmsted Falls CSD

Lot Info

  • Lot Dimensions: 00x00
  • Lot Description: Cul de Sac, Wooded/Treed
  • Lot Size Units: Acres
  • Parcel Number: 291-03-808

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 3762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jun 26, 2013
Sold by
Sarris Jason G and Sarris Leslie A
Bought by
Rider Lindsay R
Seller's Agent
George Sarris
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Melanie Bowen
Howard Hanna
List Price
$138,700
Sold Price
$128,000
Premium/Discount to List
-$10,700
-7.71%
Current Estimated Value
$241,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,906
Avg. Annual Appreciation
5.17%
Original Mortgage
$124,699
Outstanding Balance
$91,782
Interest Rate
3.52%
Mortgage Type
FHA
Estimated Equity
$144,540

Purchase Details

Closed on
May 10, 2006
Sold by
Mechling Nancy C
Bought by
Sarris Jason G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 2004
Sold by
Weaver Richard E and Weaver Kelly
Bought by
Mechling Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 1999
Sold by
Whang Joseph J and Whang Cynthia
Bought by
Russell James C and Knapik Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.87%

Purchase Details

Closed on
Nov 30, 1989
Sold by
Hawk Richard J
Bought by
Whang Joseph J

Purchase Details

Closed on
Oct 29, 1986
Sold by
Seubert Debra J
Bought by
Hawk Richard J

Purchase Details

Closed on
Jul 24, 1985
Bought by
Seubert Debra J

Purchase Details

Closed on
Jun 20, 1984
Sold by
Patsue John A and Patsue Jeanne
Bought by
The Ohio Savings Assoc

Purchase Details

Closed on
Jan 1, 1982
Bought by
Patsue John A and Patsue Jeanne
Source: Public Records

Range of Values:

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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
Rider Lindsay R $128,000 Signature Title
Sarris Jason G $144,000 Chicago Title Insurance C
Mechling Nancy C $136,000 Landamerica
Russell James C $120,000 Midland Title Security Inc
Whang Joseph J $86,000 --
Hawk Richard J $70,000 --
Seubert Debra J $64,900 --
The Ohio Savings Assoc -- --
Patsue John A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rider Lindsay R $124,699
Previous Owner Sarris Jason G $144,000
Previous Owner Mechling Nancy C $122,400
Previous Owner Russell James C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $128,000 -7.7% $77 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $138,700 -- $84 / 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 $4,567 $69,090 $7,035 $62,055
2023 $4,611 $57,440 $5,740 $51,700
2022 $4,568 $57,440 $5,740 $51,700
2021 $4,522 $57,440 $5,740 $51,700
2020 $4,001 $44,870 $4,480 $40,390
2019 $3,552 $128,200 $12,800 $115,400
2018 $3,606 $44,870 $4,480 $40,390
2017 $3,640 $42,560 $3,710 $38,850
2016 $3,620 $42,560 $3,710 $38,850
2015 $3,763 $42,560 $3,710 $38,850
2014 $3,763 $41,160 $4,130 $37,030
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    George Sarris

    Berkshire Hathaway HomeServices Professional Realty

    (216) 990-0657

    George Sarris
    Section Image
  • Melanie Bowen

    Buyer's Agent in 2013

    Melanie Bowen

    Howard Hanna

    (440) 667-6589

    3 in this area

    105 Total Sales

    Melanie Bowen
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3390106

MLS Now

APN: 291-03-808C

Ohio Cuyahoga County Olmsted Falls 44138

8875 Summerset Ln Unit 119, Olmsted Falls, OH

This home is located at 8875 Summerset Ln Unit 119, Olmsted Falls, OH 44138 since 26 March 2013 and is currently estimated at $241,906, approximately $145 per square foot. This property was built in 1981. 8875 Summerset Ln Unit 119 is a home located in Cuyahoga County with nearby schools including Falls-Lenox Primary Elementary School, Olmsted Falls Intermediate Building, and Olmsted Falls Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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