NOT LISTED FOR SALE

8887 Summerset Ln Unit 116 Olmsted Falls, OH 44138

Estimated Value: $225,000 - $232,000

3 Beds
2.5 Baths
-- Sq Ft
5.35 Acres

Last Sold October 05, 2018

Last sale price $147,000

Est. 56% increase in value since last sale

Current estimated payment $1,703/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Falls-Lenox Primary Elementary School Rated A-

About This Home

As of October 2018

Fully renovated home in a picturesque setting! This 3 bed 2.5 bath house has been renovated from top to bottom. Perfect for the busy professional or family, the house has so many conveniences, including first floor laundry, and attached 2 car garage! Inside, you'll love the attractive and easy to clean and maintain wood-look vinyl floors. In the newly renovated kitchen, you'll love the granite countertops, stainless steel appliances, and breakfast bar! Upstairs, you'll find new plush carpet in bedrooms with ample closet space. The hall bath features a double vanity! The spacious master bedroom features his and her closets, and a stunning en suite bathroom.

Last Agent to Sell the Property

Steven Aviram

Deleted Agent License #2017002596 Listed on: 08/21/2018

Last Buyer's Agent

PAMELA HAYWOOD

Russell Real Estate Services License #395155

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1981

Lot Details

  • 5.35

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Cluster Home
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Heat Pump System

Community Details

  • Association fees include insurance, landscaping, recreation, snow removal
  • Summerset/Raintree Condo Community

Listing and Financial Details

  • Assessor Parcel Number 291-03-811C

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,756

Year Built

Built in 1981

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cluster Home, Colonial
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1981
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 144.14
  • HOA Fee Frequency: Monthly
  • Hoa Name: Raintree Condo Association
  • Subdivision Complex: Summerset/Raintree Condo

Fee Information

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

Schools

  • School District: Olmsted Falls CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 291-03-811C

Tax Info

  • Tax: 2756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Oct 5, 2018
Sold by
Andesite Residential Opportunity Fund Ll
Bought by
Miller Kimberly
Seller's Agent
Steven Aviram
Deleted Agent
Buyer's Agent
PAMELA HAYWOOD
Russell Real Estate Services
List Price
$159,900
Sold Price
$147,000
Premium/Discount to List
-$12,900
-8.07%
Current Estimated Value
$229,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,249
Avg. Annual Appreciation
6.38%
Original Mortgage
$139,650
Outstanding Balance
$121,783
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$107,466

Purchase Details

Closed on
Jun 17, 2016
Sold by
Smith Barbara J
Bought by
Andesite Residential Opportunity Fund Ll

Purchase Details

Closed on
Apr 25, 1988
Bought by
Smith Arvin R

Purchase Details

Closed on
Dec 21, 1987
Sold by
Kauffman Marilynn M
Bought by
Transohio Savings Bankf S B

Purchase Details

Closed on
Dec 17, 1985
Sold by
Hartwig Rolf and Kaufman Lynne
Bought by
Kauffman Marilynn M

Purchase Details

Closed on
Jan 1, 1982
Bought by
Hartwig Rolf and Kaufman Lynne
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
Miller Kimberly $147,000 Ohio Real Title
Andesite Residential Opportunity Fund Ll $75,000 None Available
Smith Arvin R $70,000 --
Transohio Savings Bankf S B -- --
Kauffman Marilynn M -- --
Hartwig Rolf -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kimberly $139,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $147,000 -8.1% --
08/21/2018 08/21/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $159,900 -- --
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 $4,235 $63,840 $6,370 $57,470
2023 $3,915 $48,300 $4,830 $43,470
2022 $3,877 $48,300 $4,830 $43,470
2021 $3,838 $48,300 $4,830 $43,470
2020 $3,399 $37,730 $3,780 $33,950
2019 $3,018 $107,800 $10,800 $97,000
2018 $2,550 $37,730 $3,780 $33,950
2017 $2,756 $31,190 $3,120 $28,070
2016 $1,979 $31,190 $3,120 $28,070
2015 $4,474 $31,190 $3,120 $28,070
2014 $2,352 $34,660 $3,470 $31,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4030542

MLS Now

APN: 291-03-811C