NOT LISTED FOR SALE

S/L 4 Cypress Pond Ln Novelty, OH 44072

Estimated Value: $1,433,000 - $1,915,383

5 Acres
$334,838 Price per Acre
217,800 Sq Ft Lot

Last Sold August 19, 2019

Last sale price $180,000

Est. 830% increase in value since last sale

Current estimated payment $10,217/month

152 Days on Market

Highlights

  • Wooded Lot
  • West Geauga High School Rated 9+
  • No HOA

About This Lot

As of August 2019

The BEST of both worlds. This gorgeous 5 acre lot is located on a cul-de-sac street in the Cypress Pond subdivision in Russell Township. This is an amazing lot with a beautiful pond the has been fully improved. Pond was excavated/mucked cat tails and sidewalls, installed custom stone dock, and stocked with bass/catfish. Only minutes from the village of Chagrin Falls, the large scale zoning provides a country feel while still being close to great shopping and dining. The property has an amazing park like feel and borders the 900 acres West Woods Park on the north and east boundaries. Great property for horses and any other domesticated animals. Bring your own builder and build the house of your dreams!!

Last Agent to Sell the Property

Leslie Munsell

HomeSmart Real Estate Momentum LLC License #2015003761 Listed on: 01/03/2019

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

David Hesse

Keller Williams Living License #2015000165

Keller Williams Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,503

Lot Details

  • 5 Acre Lot
  • Wooded Lot

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cypress Pond Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 26-214210

Property Details

Property Type

Land

Est. Annual Taxes

$1,503

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • ResoLotFeatures: Pond, Ravine, Wooded
  • Road Frontage Type: City Street
  • Subdivision Name: Cypress Pond
  • Property Sub Type Additional: Residential
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 5.0

Garage/Parking

  • Parking Features: None

Utilities

  • Electric: 220 Volts
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: West Geauga LSD - 2807

Lot Info

  • Lot Size Units: Acres
  • Topography: Sloping
  • Parcel Number: 26-214210
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax Annual Amount: 1503.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Heffern Richard and Piwarski Nicole
Bought by
Heffern Richard and Piwarski Nicole
Current Estimated Value
$1,674,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,500
Outstanding Balance
$892,301
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$781,891

Purchase Details

Listed on
Jan 3, 2019
Closed on
Aug 16, 2019
Sold by
Raudenbush Brandon and Raudenbush Elenee Margarite Peters
Bought by
Hefferen Richard and Piwarski Nicole
Seller's Agent
Leslie Munsell
HomeSmart Real Estate Momentum LLC
Buyer's Agent
David Hesse
Keller Williams Living
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.29%

Purchase Details

Listed on
Jan 3, 2019
Closed on
Aug 1, 2019
Sold by
Cypress Pond Development Corporation
Bought by
Raudenbush Brandon and Raudenbush Elenee Margarite Peters
Seller's Agent
Leslie Munsell
HomeSmart Real Estate Momentum LLC
Buyer's Agent
David Hesse
Keller Williams Living
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Purchase Details

Closed on
Aug 3, 2016
Sold by
Cypress Pond Development Corporation
Bought by
Raudenbush Brandon and Raudenbsh Elenee Margarite Peters

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,750
Interest Rate
3.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 3, 2004
Sold by
Fisco E M and Fisco Eileen Marie
Bought by
Fisco E M and Fisco Eileen Marie
Source: Public Records

Range of Values:

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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
Heffern Richard -- Kingdom Title
Hefferen Richard $143,800 None Available
Raudenbush Brandon $180,000 None Available
Raudenbush Brandon $575,000 Revere Title
Fisco E M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heffern Richard $991,500
Previous Owner Raudenbush Brandon $465,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $180,000 0.0% --
06/03/2019 06/03/19 Off Market $180,000 -- --
06/03/2019 06/03/19 Pending -- -- --
05/13/2019 05/13/19 Price Changed $185,000 -2.6% --
03/11/2019 03/11/19 Price Changed $190,000 -2.6% --
01/02/2019 01/02/19 For Sale $195,000 -- --
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 $16,914 $378,490 $77,350 $301,140
2023 $16,914 $378,490 $77,350 $301,140
2022 $14,587 $272,790 $59,500 $213,290
2021 $14,545 $272,790 $59,500 $213,290
2020 $2,780 $47,250 $47,250 $0
2019 $3,006 $47,250 $47,250 $0
2018 $3,002 $47,250 $47,250 $0
2017 $3,006 $47,250 $47,250 $0
2016 $2,351 $35,000 $35,000 $0
2015 $2,242 $35,000 $35,000 $0
2014 $2,181 $35,000 $35,000 $0
2013 $2,194 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4060923

MLS Now

APN: 26-214210