NOT LISTED FOR SALE

8882 Summerset Ln Unit 124 Olmsted Falls, OH 44138

Estimated Value: $230,000 - $238,000

3 Beds
2.5 Baths
1,584 Sq Ft
5.35 Acres

Last Sold December 17, 2020

Last sale price $157,500 $99 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,619/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • 2 Car Attached Garage
  • Falls-Lenox Primary Elementary School Rated A-
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

Welcome Home to this Move in Ready, 3 Bed, 2.5 Bath Free-Standing Cluster Colonial. Offering 1600 sq. ft. of Bright and Open Space. Located in the peaceful and serene Raintree Development that features a pool, picnic area, lake and playground. Recent Updates include: New Driveway (19), New Furnace and A/C (19), Freshly Painted Throughout (20), Remodeled Bathrooms (20), New Storm Door (20), Smart Garage Door Opener (19) and New Hot Water Tank (20). All major appliances stay! Walk out of the slider door to enjoy the warmer weather from private deck or Warm up in the Winter in front of the gorgeous stone fireplace! Generously sized 2 Car Garage features attic space and loads of storage! Pets Allowed. Snow Removal, Lawn Care and Recreation included in Low monthly fee. This beautiful home is ready for you to move in and enjoy!

Last Agent to Sell the Property

Scott Mayo

RE/MAX Above & Beyond License #2004003359 Listed on: 11/05/2020

RE/MAX Above & Beyond

Last Buyer's Agent

Ed Harants

Russell Real Estate Services License #2018001704

Russell Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,044

Year Built

  • Built in 1981

Lot Details

  • 5.35

Home Design

  • Colonial Architecture
  • Cluster Home
  • Asphalt Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 291-03-803C

Community Details

Overview

  • $158 Annual Maintenance Fee
  • Maintenance fee includes Landscaping, Property Management, Recreation, Snow Removal

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,044

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Cluster Home, Colonial
  • Price Per Square Foot: 99.43
  • Estimated Price per Sq Ft: 99.43
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1584
  • Year Built: 1981
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Wall Oven, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 8
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1584.00
  • Sq Ft Approx Total Finished: 1584.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

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: Public Water, Public Sewer

Condo/Co-op/Association

  • Maint Fee Amount: 158.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Landscaping, Property Management, Recreation, Snow Removal
  • Maint Provider: Raintree

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 291-03-803C

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 3044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2002
Sold by
Primacy Closing Corp
Bought by
Poduska Stefanie A
Current Estimated Value
$233,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Outstanding Balance
$39,049
Interest Rate
6.34%
Estimated Equity
$194,873

Purchase Details

Closed on
Jul 18, 2002
Sold by
Salik Michael L
Bought by
Primacy Closing Corp

Purchase Details

Closed on
Jul 28, 1998
Sold by
Medvick Donald J and Medvick Nancy J
Bought by
Salik Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 1993
Sold by
Greco Dolores J
Bought by
Medvick Donald J

Purchase Details

Closed on
Nov 7, 1991
Sold by
Blough Gregory J and Blough Betty G
Bought by
Greco Dolores J

Purchase Details

Closed on
Nov 19, 1986
Sold by
Blough Gregory J and Blough Betty G
Bought by
Blough Gregory J and Blough Betty G

Purchase Details

Closed on
May 31, 1983
Bought by
Blough Gregory J and Blough Betty G

Purchase Details

Closed on
Jan 1, 1982
Bought by
Flair Bldrs Inc
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
Poduska Stefanie A $116,000 Midland Title Security Inc
Primacy Closing Corp $116,000 Midland Title Security Inc
Salik Michael L $109,000 American Title & Trust Agenc
Medvick Donald J $98,900 --
Greco Dolores J $90,000 --
Blough Gregory J -- --
Blough Gregory J $80,700 --
Flair Bldrs Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poduska Stefanie A $92,800
Previous Owner Salik Michael L $103,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $157,500 0.0% $99 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $157,500 -- $99 / 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 $4,487 $67,830 $6,790 $61,040
2023 $4,435 $55,130 $4,900 $50,230
2022 $4,389 $55,130 $4,900 $50,230
2021 $4,345 $55,130 $4,900 $50,230
2020 $3,429 $38,080 $3,820 $34,270
2019 $3,045 $108,800 $10,900 $97,900
2018 $2,917 $38,080 $3,820 $34,270
2017 $2,776 $31,860 $3,190 $28,670
2016 $2,760 $31,860 $3,190 $28,670
2015 $3,109 $31,860 $3,190 $28,670
2014 $3,109 $35,390 $3,540 $31,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4237749

MLS Now

APN: 291-03-803C