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Contingent
    • $279,900

    162 Lake Terrace Dr, Munroe Falls, OH 44262

    3beds
    1,776sqft
    : 
    $2,353/mo
    Get pre-qualified
    Townhouse, Condominium
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $158/sqft
    $320/mo HOA

    What's special

    Welcome to 162 Lake Terrace Dr. in the highly sought-after Silver Valley Condominiums of Munroe Falls! This beautifully maintained 3-bedroom, 3.5-bath condo offers 1,776 sq. ft. of comfortable living space with an abundance of natural light throughout. From the moment you enter, you will appreciate the bright and open feel created by the numerous skylights and thoughtfully designed layout. The updated kitchen features newer appliances and opens seamlessly to the living room, complete with a cozy fireplace and access to the inviting sunroom — the perfect space to relax and enjoy the natural surroundings. The main level also offers a spacious family room, a convenient half bath, and plenty of room for entertaining. Upstairs, you’ll find the primary suite featuring a private bathroom and walk-in closet. The second bedroom is generously sized and includes its own private bathroom, offering comfort and privacy for guests or family members. The finished lower level adds even more living space with an additional bedroom, full bathroom, and a finished laundry room. Enjoy the convenience of a 2-car garage, a welcoming front deck, and a location that puts you close to shopping, restaurants, grocery stores, and the popular Bike & Hike Trail. Located in one of the area’s most desirable condo communities, this Silver Valley gem offers low-maintenance living with plenty of space, updates, and natural beauty. Don’t miss your opportunity to call this home!
    37 days
    |
    751
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brent Chervenic 330-802-0899 brentchervenic@kw.com,

    Keller Williams Chervenic Rlty

    Source: MLS Now,MLS#: 5222432MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Bedroom
      • Description: Flooring: Carpet
      • Level: Second
      • Dimensions: 12 x 12
      Bedroom
      • Description: Flooring: Carpet
      • Level: Lower
      • Dimensions: 12 x 12
      Primary bathroom
      • Description: Flooring: Carpet
      • Level: Second
      • Dimensions: 16 x 16
      Primary bathroom
      • Description: Flooring: Luxury Vinyl Tile
      • Level: Second
      • Dimensions: 10 x 8
      Bathroom
      • Level: Second
      • Dimensions: ND x ND
      Bathroom
      • Level: First
      • Dimensions: ND x ND
      Bathroom
      • Level: Lower
      • Dimensions: ND x ND
      Family room
      • Level: First
      • Dimensions: 15 x 23
      Kitchen
      • Description: Flooring: Luxury Vinyl Tile
      • Level: First
      • Dimensions: 17 x 10
      Laundry
      • Description: Flooring: Linoleum
      • Level: Lower
      • Dimensions: 16 x 7
      Living room
      • Description: Flooring: Carpet
      • Features: Fireplace
      • Level: First
      • Dimensions: 17 x 18
      Sunroom
      • Description: Flooring: Carpet
      • Level: First
      • Dimensions: 10 x 14
      Heating
      • Forced Air, Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
      • Laundry: In Basement, Lower Level
      Features
      • Basement: Full,Finished
      • Number of fireplaces: 1
      • Fireplace features: Kitchen, Living Room
      Interior area
      • Total structure area: 1,776
      • Total interior livable area: 1,776 sqft
      • Finished area above ground: 1,776
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, Driveway, Electricity, Garage, Garage Door Opener
      • Garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three Or More
      • Patio & porch: Rear Porch, Enclosed, Front Porch, Patio, Porch
      • Pool features: None
      Lot
      • Size: 1,777 Square Feet
      Details
      • Parcel number: 5802097
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Townhouse, Condominium
      Materials
      • Stucco
      • Roof: Asphalt,Fiberglass
      Condition
      • Updated/Remodeled
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Silver Valley Condo
      HOA
      • Has HOA: Yes
      • Services included: Common Area Maintenance, Insurance, Maintenance Grounds, Reserve Fund, Roof, Snow Removal, Trash
      • HOA fee: $320 monthly
      • HOA name: Silver Valley Condo
      Location
      • Region: Munroe Falls

      Financial & listing details

      • Price per square foot: $158/sqft
      • Tax assessed value: $194,200
      • Annual tax amount: $3,836
      • Date on market: 6/25/2026
      • Cumulative days on market: 38 days
      • Listing terms: Cash,Conventional,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/26/2026Contingent$279,900$158/sqft
        Source: MLS Now #5222432 Report a problem
        6/25/2026Listed for sale$279,900+24.4%$158/sqft
        Source: MLS Now #5222432 Report a problem
        3/6/2024Sold$225,000$127/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,836 -3.5%$67,970
        2024$3,976 +3.1%$67,970
        2023$3,856 +7.3%$67,970 +24%
        2022$3,593 +14.9%$54,814
        2021$3,129 $54,814
        2020-- $54,814 +29.1%
        2019$2,021 +1.7%$42,473 +0%
        2018$1,987 +4.9%$42,470
        2017$1,894 $42,470
        2016$1,894 $42,470
        2015$1,894 -0.1%$42,470
        2014$1,896 -21.9%$42,470 -14.6%
        2013$2,426 -0.2%$49,710
        2012$2,432 +3.1%$49,710 +0%
        2011$2,358 +3%$49,704 -10.1%
        2010$2,288 $55,269
        2009-- $55,269
        2008$2,310 +6%$55,269 +3%
        2007$2,180 -21.3%$53,652
        2006$2,769 +12.4%$53,652
        2005$2,464 $53,652
        2004-- $53,652
        2003$2,542 -0.7%$53,652
        2002$2,561 +6.2%$53,652 +3.4%
        2001$2,411 -0.6%$51,870
        2000$2,426 $51,870
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 44262

        Getting around

        30 / 100
        Car-Dependent
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Stow-Munroe Falls CS - 7714

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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