$10,000
closing credit¹
58 W Orange St Chagrin Falls, OH 44022
Property details
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 for the extensive list of property improvements.
Highlights
Summary
- MLS Number: 5090162
- MLS Name: NOWDD
- Office Name: The Agency Cleveland Northcoast
- Office Phone: (917) 519-0622
- Office Email: david.ayers@theagencyre.com
- Listing Agent: David B Ayers
Copyright 2025 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: 1/19/2025, 2:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,395,000
58 W Orange St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 11, 2020 | Home Sold | $315,000 |
| Sep 01, 2015 | Home Sold | $325,000 |
| Jan 17, 2003 | Home Sold | $350,000 |
| Jun 28, 2002 | Home Sold | $342,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $157,710 | $13,085 |
| 2019 | $157,720 | $12,908 |
| 2018 | $157,720 | $12,838 |
| 2017 | $154,980 | $13,335 |
History based on county public records data.
Nearby schools
8
Dorothy E Lewis Elementary School
Public District KG-4
3.5 mi
•32345 Cannon Rd
6
Moreland Hills Elementary School
Public District KG-5
3.6 mi
•32000 Chagrin Blvd
6
Parkside Elementary School
Public District KG-4
4.8 mi
•6845 Som Center Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,333. Most Chagrin Falls, OH residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
Figure Skating
PGA/LPGA
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Bob Evans
Cracker Barrel
What do the neighbors drive?
Infiniti
Buick
Lincoln
What do the neighbors listen to?
Adult Hits- Adult Standards
News/Talk/Information
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.
While more than 7 listings in Chagrin Falls, OH in December 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 17 were sold below. The number of homes for sale in Chagrin Falls, OH decreased by 16.9% between November and December 2024. In December 2024, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $550,100.