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58 W Orange St, Chagrin Falls, OH, 44022

$2,395,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
3,969 SqFt
$603/SqFt
Multi

Location

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58 W Orange St, Chagrin Falls$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAttached, Driveway, Garage
Attached Garage4 spaces
Year Built1975
HeatingForced Air
CoolingCentral Air
MLS #5090162
Lot Size0.41 Acres
StatusActive

About 58 W Orange St

Incredible opportunity to own a slice of history nestled in the heart of Chagrin Falls! Located just steps from the village's vibrant dining and shopping district, this three-unit home has endless potential as a multi-family or income-producing property. Live just moments away from all the village has to offer, or enjoy the benefits of cash flow from short or long-term rentals! The entire property has undergone a complete renovation including new roof, plumbing, Pella windows, HVAC, electrical and a brand new elevator. The second floor is currently laid out as a pristine, beautifully appointed 2 bedroom home with a gorgeous, high end kitchen including an island, stainless steel appliances, and a large living area with a gas fireplace. The third floor could be used as an extension of the second floor, a short term rental, or finished out into a full apartment. It’s currently set up with three bedrooms and two bathrooms, including a phenomenal primary suite with a gas fireplace and a luxurious ensuite bath. The first floor garden level apartment is a nicely appointed one-bedroom unit with daylight windows and stylish finishes. An elevator connects the three floors for convenience and opens directly to the second and third floor units. Situated on a spacious .41 acre lot, the entire property is surrounded by trees and nature for privacy while still enjoying breathtaking views of the village and the Chagrin River! Both the second and third floor homes enjoy dedicated outdoor entertaining and dining spaces including stone patios, a terrace, and a newly-built deck. The property also has 4 garage spaces and parking to accommodate up to 9 vehicles. With over $1.8M in improvements from the current owner, the opportunities are endless for an end user or investor. Please inquire or see supplements for the extensive list of property improvements.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Stories: 3
  • Living Area: 3,969 SqFt

Listing Office:

  • Office Name: The Agency Cleveland Northcoast
  • Office Phone: (917) 519-0622
  • Listing Agent: David B Ayers

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: N Main Street to W Orange. Driveway will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000
  • Price Per SqFt: $603/SqFt

Tax Information:

  • Annual Amount: $13,086
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chagrin Falls, OH.

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Chagrin Falls, OH

City

Med. Sold Price

$549.6K

Med. Price/SqFt

$171

Avg. Days On Market

61

# of Sold Homes

30

58 W Orange St vs Chagrin Falls

1 DAY ON ROCKET

-60 Days

$2,395,000

+$1.8M More

$603/SqFt

+$431 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $431/SqFt more than other homes in Chagrin Falls, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5090162

Listing Office:

  • Office Name: The Agency Cleveland Northcoast
  • Office Phone: (917) 519-0622
  • Listing Agent: David B Ayers

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: 12/18/2024, 11:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 11, 2020Home Sold
$315,000
Sep 01, 2015Home Sold
$325,000
Jan 17, 2003Home Sold
$350,000
Jun 28, 2002Home Sold
$342,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,086$157,710
2019$12,908$157,720
2018$12,838$157,720
2017$13,335$154,980

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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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.

Nearby Schools

school-card-donut-4505536
8
/10

  • Dorothy E Lewis Elementary School

  • 32345 Cannon Rd

  • 3.45 miles

  • Public District Grades KG-4

school-card-donut-4505537
6
/10

  • Moreland Hills Elementary School

  • 32000 Chagrin Blvd

  • 3.65 miles

  • Public District Grades KG-5

school-card-donut-4505538
6
/10

  • Parkside Elementary School

  • 6845 Som Center Rd

  • 4.77 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,333. The most common annual income of people living in Chagrin Falls, OH is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Chagrin Falls›44022›58 W Orange St

This home is located at 58 W Orange St in Chagrin Falls, OH and zip code 44022. This 3,969 square foot home, which was built in 1975, sits on a 0.41 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $2,395,000.

In November 2024 more than 7 listings in Chagrin Falls, OH were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 20 were sold below. Between October 2024 and November 2024, Chagrin Falls, OH real estate market has seen decrease in the number of listings by 15.6%. The median list price of listings available in November 2024 was $549,666, while the average time on the real estate market was 61 days.

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

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