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200 Basswood Lane

200 Basswood Lane, Chagrin Falls, OH 44022
Sold May 04, 2022
$877,000
$701,000 by Bmo Harris Bank Na
Mortgage Due Jun 01, 2037
Sold Sep 04, 1997
$765,000
$500,000 by Republic Sav Bank
Mortgage Due Sep 04, 2012
Local assessors in Chagrin Falls, OH have categorized 200 Basswood Lane as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 83,839 square feet. The linear feet between the front and back of the lot was measured at 4,230 ft and the front of the lot was measured at 1,060 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 200 Basswood Lane has a total of 5,336 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 975 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 4, 2022 for $877,000. That's $113.15 per sqft. Prior to that sales transaction, the property was also sold in Sep 4, 1997 for $765,000. 200 Basswood Lane was last assessed in 2022. The total value of the property was assessed at $291,270. Specifically, the land the property is located on was valued at $61,670. While improvements on the property were assessed at a total of $229,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $20,059. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Exterior

Parking

Heated Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 25
  • Building Condition: Excellent
  • Building Quality: A
  • Building Style: Colonial
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,440
  • Garage Type: Attached
  • Garage Square Area: 975
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 83,839
  • Lot Size Depth Feet: 4,230
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 7,751
  • Gross Building Area: 8,101
  • Building Area: 5,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,336
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JACKSON RD SUB#2
  • Land Acres: 1.925
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 11 JACKSON RD SUB#2 0007 ALL

Ownership

  • Current Owner : SERLETIS DEMITRE
  • Current Owner 2: SERLETIS LORRAINE
  • Previous Owner : JORDAN RICHARD R
  • Owner Before Previous Owner: WINFIELD HOWARD N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Orange City School District
  • School Tax School District: ORANGE CSD
  • Census Tract: 196300

Zoning

  • Zoning: U-1

Geography

  • Assessors Map Reference: 912-15
  • Parcel: 912-15-022
  • Lot: 7
  • Municipality: MORELAND HILLS/ORANGE
  • Latitude: 41.4406
  • Longitude: -81.4381

    Address

  • Full Address: 200 Basswood Ln
  • Address - House Number: 200
  • Address - Street Name: Basswood
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Chagrin Falls
  • Carrier Code: C015
  • 4-Digit Zip Code: 1390
  • Zip Code: 44022

Valuation

    Tax

  • Total Area: 5,336
  • Tax Year: 2022
  • Tax Amount: $20,059
  • Tax Rate Code Area: MORELAND H

    Appraisal Valuation

  • Standard Deviation: 0.1142
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 88
  • Final Value: 882,718
  • High Value: 983,531
  • Low Value: 781,906

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,101,000
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: May 04, 2022
  • First Open Lien Mortgage Loan Amount: $701,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037
  • Second Open Lien Mortgage Lender: BMO HARRIS BANK NATIONAL ASSOC
  • Second Open Lien Mortgage Recording Date: Mar 02, 2023
  • Second Open Lien Mortgage Loan Amount: $400,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 21, 2053

    Market Valuation

  • Market Total Value: $832,200
  • Market Land Value: $176,200
  • Market Improvement Value: $656,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $291,270
  • Assessed Land Value: $61,670
  • Assessed Improvements Value: $229,600

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Transaction ID: 11888417471
  • Current Sale Price: $877,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 729
  • Previous Sale Recording Date: Sep 04, 1997
  • Previous Sale Contract Date: Sep 04, 1997
  • Previous Sale Amount: $765,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: May 04, 2022
  • First Mortgage Loan Amount: $701,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jun 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC SAV BANK
  • Previous Mortgage Transaction Date: Sep 04, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 04, 2012

About Moreland Hills



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Frequently Asked Questions

What neighborhood is 200 Basswood Lane located in?
The 200 Basswood Lane is a house located in the neighborhood of Moreland Hills in Moreland Hills, Chagrin Falls.
What is the average sales price for listings in 200 Basswood Lane?
The average sales price for units in 200 Basswood Lane is $0 currently.

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