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5508 Chestnut Rd, Independence, OH, 44131

$285,000

Home List Price

$3,384*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,704 SqFt
$167/SqFt
House

Location

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5508 Chestnut Rd, Independence$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Detached, Garage Faces Front, Garage, Garage Door Opener, Oversized
Garage2 spaces
Year Built1958
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #5059681
Lot Size0.29 Acres
StatusActive

About 5508 Chestnut Rd

Wow! Over 1,700SF of living space in this updated cape cod/colonial conveniently located near Elmwood Park and Independence Town Center with great access to I77 and I-480 providing access North, South, East and West! The first level offers an updated kitchen with white cabinetry and center island, granite counters, all stainless appliances and roomy dinette with access to deck and fenced back yard. In addition, the living room and dining room feature beautiful hardwood flooring. Both first floor bedrooms have hardwood underneath the carpet. The full bath has been beautifully updated, as well. The Owner’s Suite on the 2nd level is a private, spacious sanctuary with full bath with both walk-in shower and jetted tub, walk-in closet and large window. Adding to the living area is a lower level partially-finished rec room, half bath, laundry room and workshop area. You can relax or entertain on the back deck and patio in the fenced back yard, and will also love the the extra high and extra deep garage with additional rear-access overhead door.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Cape Cod, Colonial
  • Year Built: 1958
  • Living Area: 1,704 SqFt

Listing Office:

  • Office Name: Keller Williams Elevate
  • Office Phone: (216) 440-0432
  • Listing Agent: Diane Weseloh

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Eat-in Kitchen, Granite Counters, Kitchen Island, Walk-In Closet(s), Jetted Tub

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Detached, Garage Faces Front, Garage, Garage Door Opener, Oversized

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Independence High School, Public District Grades 9-12
  • Independence Middle School, Public District Grades 4-8

Other

Directions Information:

  • Directions: W. off Brecksville Rd, south side between Wood Ave & Freeway

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $167/SqFt

Tax Information:

  • Annual Amount: $3,755
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Independence, OH.

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Independence, OH

City

Med. Sold Price

$335K

Med. Price/SqFt

$139

Avg. Days On Market

48

# of Sold Homes

7

5508 Chestnut Rd vs Independence

83 DAYS ON ROCKET

+35 Days

$285,000

-$50K Less

$167/SqFt

+$27 More

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $27/SqFt more than other homes in Independence, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5059681

Listing Office:

  • Office Name: Keller Williams Elevate
  • Office Phone: (216) 440-0432
  • Listing Agent: Diane Weseloh

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 19, 2021Home Sold
$264,000
Mar 23, 2018Home Sold
$225,000
Sep 12, 2017Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,755$66,680
2019$3,628$66,680
2018$3,661$66,680
2017$2,900$50,900

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-82036
7
/10

  • Independence Middle School

  • 6111 Archwood Rd

  • 0.79 miles

  • Public District Grades 4-8

High School

school-card-donut-82037
8
/10

  • Independence High School

  • 6001 Archwood Rd

  • 0.72 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,119. Typical income of Independence, OH residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5508 Chestnut Rd

What is the listing price of this property?

The listing price of 5508 Chestnut Rd property is $285,000.

What type of property is this?

The property 5508 Chestnut Rd is a house located in Independence, Ohio, 44131.

Is this property for sale now?

Active Listing: 5508 Chestnut Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5508 Chestnut Rd are:
Independence Middle School: GreatSchools Rating 7/10
Independence High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,755 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 19, 2021 for $264,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5508 Chestnut Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5508 Chestnut Rd is 1,704 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5508 Chestnut Rd is 1958.

Rocket Homes›Ohio›Cuyahoga County›Independence›44131›5508 Chestnut Rd

This home is located at 5508 Chestnut Rd in Independence, OH and zip code 44131. This 1,704 square foot home, which was built in 1958, sits on a 0.29 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $285,000.

In October 2024 more than 0 listings in Independence, OH were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. In October 2024 in Independence, OH there were 6.7% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $335,000, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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