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8479 Summit Drive

8479 Summit Drive, Chagrin Falls, OH 44023
Property in Bainbridge
Sold Mar 08, 2018
$200,000
$202,000 by Developers Mortgage Co
Mortgage Due Apr 01, 2048
Sold Jun 21, 2005
$180,000
Local assessors in Chagrin Falls, OH have categorized 8479 Summit Drive as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 14,810 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8479 Summit Drive has a total of 1,122 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,122 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 well system. 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 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - B-. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a heating system 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 Mar 6, 2018 for $200,000. That's $178.25 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $180,000. 8479 Summit Drive was last assessed in 2022. The total value of the property was assessed at $72,380. Specifically, the land the property is located on was valued at $21,070. While improvements on the property were assessed at a total of $51,310. 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 $4,283. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,122
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,122
  • Building Area: 1,122
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,122
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: LAKE LUCERNE
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: S/L 14 L LAKE LUCERNE SUB #1

Ownership

  • Current Owner : MOORE BRENDAN BAKER
  • Previous Owner : GARRISON MARK F
  • Previous Owner 2: GARRISON GENIENE
  • Owner Before Previous Owner: MAGYARICS PAUL V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Kenston Local School District
  • School Tax School District: 2804
  • Census Tract: 311700

Zoning

  • Zoning: R3A

Geography

  • Subdivision Tract Number: 1
  • Parcel: 02-165230
  • Block: L
  • Municipality: BAINBRIDGE TWP
  • Latitude: 41.4056
  • Longitude: -81.3393

    Address

  • Full Address: 8479 Summit Dr
  • Address - House Number: 8479
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Chagrin Falls
  • Carrier Code: C025
  • 4-Digit Zip Code: 4652
  • Zip Code: 44023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,283
  • Tax Rate Code Area: DIST #02

    Appraisal Valuation

  • Standard Deviation: 0.1921
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 329,752
  • High Value: 393,123
  • Low Value: 266,381

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,000
  • First Open Lien Mortgage Lender: DEVELOPERS MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 08, 2018
  • First Open Lien Mortgage Loan Amount: $202,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2048

    Market Valuation

  • Market Total Value: $206,800
  • Market Land Value: $60,200
  • Market Improvement Value: $146,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,380
  • Assessed Land Value: $21,070
  • Assessed Improvements Value: $51,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2018
  • Current Sale Recording Date: Mar 08, 2018
  • Current Sale Transaction ID: 11469135056
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201800933026
  • Previous Sale Recording Date: Jun 21, 2005
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: DEVELOPERS MORTGAGE CO
  • First Mortgage Transaction Date: Mar 08, 2018
  • First Mortgage Loan Amount: $202,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

About Bainbridge



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Frequently Asked Questions

What neighborhood is 8479 Summit Drive located in?
The 8479 Summit Drive is a located in the neighborhood of Bainbridge in Bainbridge, Chagrin Falls.
What is the average sales price for listings in 8479 Summit Drive?
The average sales price for units in 8479 Summit Drive is $0 currently.

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