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  • $470,000

    5550 Canyon Ridge Dr, Painesville, OH 44077

    5beds
    3,897sqft
    Single Family Residence
    Built in 1993
    0.7 Acres Lot
    $562,100 Zestimate®
    $121/sqft
    $3,313 Estimated rent

    Home value

    $562,100

    $528,000 - $601,000

    $3,313/mo

    Zestimate® history
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    What's special

    Open-concept layoutFinished basementGorgeous deckFirst-floor laundryLuxurious master suiteAbundance of natural lightPicturesque lot
    Welcome to this 1 owner, beautifully updated 5-bedroom, 3.5-bath home situated on a picturesque lot in the highly desirable township of Perry (NO CITY INCOME TAX). From the moment you step inside, you’ll be captivated by the abundance of natural light flowing into the spacious family room, complete with a cozy wood-burning fireplace. The open-concept layout connects seamlessly to the large kitchen, featuring an island and a breakfast bar that comfortably seats four—perfect for entertaining or casual family meals. A generously sized dining room offers space for memorable gatherings, while the first-floor laundry adds everyday convenience. The main level also features a bright and inviting living room—ideal for relaxing, entertaining, or creating a quiet reading nook. A first-floor bedroom, paired with a full bath, provides flexibility for guests, a home office, or multigenerational living. Upstairs, retreat to the luxurious master suite, offering plenty of closet space and a beautifully appointed ensuite bathroom. All additional bedrooms are generously sized, providing comfort and flexibility for any lifestyle. The finished basement with another fireplace expands your living space even further, ideal for entertaining or relaxing, with excellent storage and an incredible man cave—currently being used as a woodworking room. Step outside onto the gorgeous deck and enjoy the view of your serene backyard oasis. This home is nestled in a fantastic neighborhood that offers both charm and community. So many updates - here are a few. Roof was replaced in 2013, furnace & AC replaced 2016, garage door replaced in 2018, Andersen Architecture Series solid wood windows replaced in 2019, New front door ThermaTru Fiberglass 2020, Don’t miss your chance to own this exceptional property in Perry—schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Katie McNeill katie@thekatiemcneillteam.com440-796-5506,

    Platinum Real Estate,

    Patrick McNeill 440-622-4511,

    Platinum Real Estate

    Bought with:

    Bruce Leichtman, 2015003676

    Berkshire Hathaway HomeServices Professional Realty

    Source: MLS Now,MLS#: 5112735MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
    Features
    • Basement: Partially Finished
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,897
    • Total interior livable area: 3,897 sqft
    • Finished area above ground: 2,897
    • Finished area below ground: 1,000

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.70 Acres
    Details
    • Parcel number: 03A002C000720

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1993

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Painesville
    • Subdivision: Canyon Ridge Sub

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $640 annually
    • Services included: Trash
    • Association name: Canyon Ridge Community

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan

    Price history

    DateEventPrice
    7/16/2025Sold$470,000+2.2%$121/sqft
    Source: MLS Now #5112735 Report a problem
    5/24/2025Pending sale$460,000$118/sqft
    Source: MLS Now #5112735 Report a problem
    5/21/2025Price change$460,000-3.2%$118/sqft
    Source: MLS Now #5112735 Report a problem
    5/7/2025Listed for sale$475,000$122/sqft
    Source: MLS Now #5112735 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,388 +4.3%$158,080 +6.3%
    2024$6,125 +10.8%$148,650 +24.8%
    2023$5,526 -0.3%$119,130
    2022$5,541 +6.6%$119,130
    2021$5,196 +8.1%$119,130 +20%
    2020$4,806 -0.1%$99,260
    2019$4,810 +18.9%$99,260 +18.3%
    2018$4,044 $83,920
    2017$4,044 +0.6%$83,920
    2016$4,019 +0%$83,920
    2015$4,017 +1.9%$83,920
    2014$3,942 +0.1%$83,920
    2013$3,939 +0.2%$83,920
    2012$3,931 -15%$83,920 -18.4%
    2011$4,624 +0.1%$102,800
    2010$4,620 +6.1%$102,800 +0%
    2009$4,353 +5.2%$102,796 -8%
    2008$4,137 +0.9%$111,738
    2007$4,099 -52.8%$111,738
    2006$8,693 -1%$111,738 -1.5%
    2005$8,784 $113,495
    2004$8,784 $113,495
    2003$8,784 +10.9%$113,495 +10.9%
    2002$7,920 +3.9%$102,330
    2001$7,624 $102,330
    2000$7,624 +10.7%$102,330 +10.7%
    1999$6,886 $92,425

    Find assessor info on the county website

    Neighborhood: 44077

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Perry LSD Lake- 4307

    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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    Estimated market value
    $562,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $562,100