Google street view image for 5016 Chestnut Rd, Independence, OH 44131

Off Market Sep 1975 for $41K

$228,679

Est. refi paymentEst. refi $274/mo

•

1 ba

•

1,487

sq ft

5016 Chestnut Rd, Independence, OH 44131

About this home

5016 Chestnut Rd is a 1,487 square foot house on a 0.4 acre lot with 2 bedrooms and 1 bathroom. - it last sold on September 01, 1975 for $41,000. Based on Redfin's Independence data, we estimate the home's value is $228,679.

Single-familyProperty Type

1947Year Built

0.4 acresLot Size

$154Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$228,679

$188K since sold in September 1975$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.8% lower than the average sale price ($308K) of 6 comparable homes.

SOLD JUN 30, 2026
$349,000
A
3 beds2 baths— sq ft
6680 Glenella Dr, Seven Hills, OH 44131
SOLD JUL 13, 2026
$332,500
B
3 beds1.5 baths1,377 sq ft
1055 Twilight Dr, Seven Hills, OH 44131
SOLD FEB 20, 2026
$270,000
C
3 beds2 baths1,606 sq ft
6606 Crossview Rd, Seven Hills, OH 44131
SOLD NOV 6, 2025
$260,500
D
3 beds1.5 baths1,232 sq ft
6564 Oakwood Dr, Independence, OH 44131
SOLD JUN 17, 2026
$300,000
E
3 beds2 baths1,090 sq ft
6402 Dora Blvd, Independence, OH 44131
SOLD JUL 17, 2026
$338,000
F
3 beds2 baths— sq ft
364 Cherry Ln, Seven Hills, OH 44131

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Earn from this home

Refinance

Est. cash available

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Rent

$1,623/mo

Redfin rental estimate

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Market trends in 44131, OH

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.9%

0.0% MoM

Median sale price

$340K

$147 MoM

Avg. days on market

11d

3 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 23 HRS AGO
$397,000
3 beds3 baths1,538 sq ft
5733 Brecksville Rd, Independence, OH 44131
NEW 24 HRS AGO
$299,000
3 beds1.5 baths1,634 sq ft
3397 Lotus Ln, Seven Hills, OH 44131
OPEN SUN, 1PM TO 2PM
$250,000
3 beds2.5 baths1,954 sq ft
5750 Skyline Dr, Seven Hills, OH 44131
Exactly Real Estate Wasie • Exactly, (866) 515-6789
FOR SALE BY OWNER
$475,000
3 beds3 baths1,968 sq ft
8307 Hillside Rd, Independence, OH 44131
$250,000
3 beds2 baths1,960 sq ft
5487 Beacon Hill Ct, Seven Hills, OH 44131
$385,000
4 beds2 baths2,092 sq ft
7879 Cresthill Dr, Seven Hills, OH 44131
$309,900
3 beds1.5 baths1,644 sq ft
7059 Filip Blvd, Independence, OH 44131
See all

Provided by Redfin

Sale history for 5016 Chestnut Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,232 (−3.5%)

$16,940 + $53,060

$70,000

2024

$3,348 (−5.7%)

$16,940 + $53,060

$70,000

2023

$3,550 (+0.6%)

$16,070 + $51,380

$67,450

2022

$3,531 (+1.5%)

$16,070 + $51,380

$67,450

2021

$3,479 (+2.3%)

$16,070 + $51,380

$67,450

2020

$3,402 (+3.6%)

$14,740 + $47,150

$61,890

2019

$3,284 (−0.9%)

$14,740 + $47,150

$61,890

2018

$3,314 (+25.6%)

$14,740 + $47,150

$61,890

2017

$2,638 (+1.1%)

$12,150 + $35,320

$47,470

2016

$2,610 (+1.0%)

$12,150 + $35,320

$47,470

2015

$2,584 (−0.9%)

$12,150 + $35,320

$47,470

2014

$2,608

$12,150 + $35,320

$47,470

Tax history for 5016 Chestnut Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,232 (−3.5%)

$16,940 + $53,060

$70,000

2024

$3,348 (−5.7%)

$16,940 + $53,060

$70,000

2023

$3,550 (+0.6%)

$16,070 + $51,380

$67,450

2022

$3,531 (+1.5%)

$16,070 + $51,380

$67,450

2021

$3,479 (+2.3%)

$16,070 + $51,380

$67,450

2020

$3,402 (+3.6%)

$14,740 + $47,150

$61,890

2019

$3,284 (−0.9%)

$14,740 + $47,150

$61,890

2018

$3,314 (+25.6%)

$14,740 + $47,150

$61,890

2017

$2,638 (+1.1%)

$12,150 + $35,320

$47,470

2016

$2,610 (+1.0%)

$12,150 + $35,320

$47,470

2015

$2,584 (−0.9%)

$12,150 + $35,320

$47,470

2014

$2,608

$12,150 + $35,320

$47,470

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 945
Basement Finish: Unfinished

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 5

Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Forced Air

Room Information
# of Rooms: 5

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Cape Cod
Building Construction Quality: Average
Exterior Wall: Aluminum/Vinyl
Roof Shape Type: Gable

Property Information
Subdivision Name: INDEPENDENCE 02
Living Sq. Ft: 1,487
Adjusted Gross Sq. Ft: 1,487
Ground Floor Sq. Ft: 1,015
Building Sq. Ft: 2,432
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: 2-42 EP 674.20FT NWC

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 528
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 17,550
Legal Lot Number: 2
Acres: 0.4029
Depth Footage: 270
Front Footage: 65
County Use Description: SINGLE FAMILY
State Use Description: SINGLE FAMILY

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,487
Stories: 1.5
Lot Size: 0.4 acres
Style: Single Family Residential
Year Built: 1947
Year Renovated: 1963
County: Cuyahoga County
APN: 56235006

Home facts updated by county records on Sep 8, 2026

Around this home

Schools

Independence Middle School

Public 5-8 • Assigned • 0.7mi

8/10

Independence High School

Public 9-12 • Assigned • 0.7mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 95° expected this year, 17 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Independence, OH • 44131

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$218,000 – $263,000

Sell confidently with a local market expert in Independence. 3 minutes to get started.

Nearby similar homes

NEW 24 HRS AGO

$299,000

3 beds1.5 baths1,634 sq ft

3397 Lotus Ln, Seven Hills, OH 44131

$359,000

4 beds2 baths2,141 sq ft

6413 Gale Dr, Seven Hills, OH 44131

$529,900

4 beds2.5 baths2,800 sq ft

6672 Beverly May Dr, Independence, OH 44131

$309,900

3 beds1.5 baths1,644 sq ft

7059 Filip Blvd, Independence, OH 44131

3D WALKTHROUGH

$299,500

3 beds2 baths1,621 sq ft

5972 Crossview Rd, Seven Hills, OH 44131

$169,500

4 beds2 baths1,460 sq ft

1026 E Schaaf Rd, Brooklyn Heights, OH 44131

New listings for sale in 44131

NEW 23 HRS AGO

$397,000

3 beds3 baths1,538 sq ft

5733 Brecksville Rd, Independence, OH 44131

NEW 24 HRS AGO

$299,000

3 beds1.5 baths1,634 sq ft

3397 Lotus Ln, Seven Hills, OH 44131

OPEN SUN, 1PM TO 2PM3D WALKTHROUGH

$250,000

3 beds2.5 baths1,954 sq ft

5750 Skyline Dr, Seven Hills, OH 44131

Exactly Real Estate Wasie • Exactly, (866) 515-6789

FOR SALE BY OWNER

$475,000

3 beds3 baths1,968 sq ft

8307 Hillside Rd, Independence, OH 44131

$250,000

3 beds2 baths1,960 sq ft

5487 Beacon Hill Ct, Seven Hills, OH 44131

$385,000

4 beds2 baths2,092 sq ft

7879 Cresthill Dr, Seven Hills, OH 44131

$309,900

3 beds1.5 baths1,644 sq ft

7059 Filip Blvd, Independence, OH 44131

Home values near 5016 Chestnut Rd

Data from public records.

Address	Redfin Estimate
5215 Chestnut Rd, Independence, OH 4 Beds \| 1.5 Baths \| - Sq. Ft.	$291,809
5006 Chestnut Rd, Independence, OH 3 Beds \| 1 Baths \| 1326 Sq. Ft.	$359,126

Address	Redfin Estimate
4811 Chestnut Rd, Independence, OH 3 Beds \| 1.5 Baths \| 1857 Sq. Ft.	$467,144
5015 Chestnut Rd, Independence, OH 3 Beds \| 1.5 Baths \| 1152 Sq. Ft.	$273,804

Address	Redfin Estimate
4912 Chestnut Rd, Independence, OH 3 Beds \| 1 Baths \| 1844 Sq. Ft.	—
4806 Chestnut Rd, Independence, OH 4 Beds \| 2 Baths \| - Sq. Ft.	$384,062

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