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8158 Kirtland Chardon Rd
Score
70
Kirtland, OH

8158 Kirtland Chardon Rd

750K
4 bd • 5 ba • 4,895 sf

This analysis was generated on 3/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$749,900

Price/Sq.Ft

$153

Year Built

1960

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Large Garage/Barn Structure: Provides significant storage or workspace, increasing property value • Large Lot Size: Offers privacy and potential for outdoor activities, enhancing appeal • Brick Fireplace: Adds character and warmth to the living space • Large Garage/Barn Structure • Spacious Master Bedroom • Brick Fireplace • Price Position: The property's price per square foot is $153.20, slightly above the area average of $150. This could be justified by the property's unique features, large lot size, or recent renovations. • Appreciation Trend: Homes in 44094 have sold for 6% more than they did a year ago, indicating a positive trend in property values. • Rental Income: $4,125/month with 90% occupancy (4.5% cap rate) • Schools: High school rating (9/10) may add a moderate premium to property values, estimated at 3-5% compared to areas with lower-rated schools. Elementary and middle school ratings (6/10 and 7/10) have a more neutral impact. • Future Development: No specific planned developments are listed. The property's large lot size and unique outbuilding suggest potential for business or hobby-related uses, subject to local zoning regulations. • The property appears to have good natural light in the main living areas and master bedroom, thanks to large windows. The laundry room also benefits from a skylight. • The layout appears functional, with an open flow between the kitchen and living areas. The master bedroom is spacious. However, the overall design feels dated and could benefit from modernization.
Large Garage/Barn Structure

Large Garage/Barn Structure

Provides significant storage or workspace, increasing property value.

Large Lot Size

Large Lot Size

Offers privacy and potential for outdoor activities, enhancing appeal.

Brick Fireplace

Brick Fireplace

Adds character and warmth to the living space.

The Bad

• Kitchen Renovation (HIGH priority): $15,000 • Flooring Replacement (MEDIUM priority): $8,000 • Pathway Repair/Replacement (LOW priority): $2,000 • The property's high price point may limit the pool of potential buyers in a buyer's market. • Lack of specific property features listed (e.g., updated kitchen, modern amenities) may require additional investment to compete with other homes. • The property's age (built in 1960) may raise concerns about potential maintenance and renovation costs.

The Ugly

No critical issues identified
Uneven Brick Pathway

Uneven Brick Pathway

The brick pathway is uneven and potentially hazardous.

Worn Carpet

Worn Carpet

The carpet throughout the living areas and bedrooms is dated and worn.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $49,500 with 90% occupancy rate Value Investors: Projected 10.0% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $25,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$68,792

Property History

Price History
Ownership Timeline
$0Cash Purchase
Jun 22, 2015
Ralph P Dolence, Diane V DolenceRalph P Dolence, Diane V Dolence
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$6,679
2023 Tax Assessment
0.6%from previous year
Assessed Value$126,390
Tax Rate5.28%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

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Schools

Details about nearby schools in this area

Financials

Monthly Costs
Market Rent (4 bed)

$860

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