NOT LISTED FOR SALE

1251 Old Cord Ln Gates Mills, OH 44040

Estimated Value: $429,391 - $544,000

3 Beds
2 Baths
1,500 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $369,900 $247 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,168/month

11 Days on Market

Highlights

  • View of Trees or Woods
  • 2.2 Acre Lot
  • 2 Fireplaces
  • Mayfield High School Rated A
  • Wooded Lot
  • 1 Car Attached Garage

About This Home

As of June 2021

Beautifully remodeled Multi-Level Gates Mills retreat on 2 acres overlooking the Chagrin River Valley! This charming home has been fully remodeled with elegant finishes throughout. A stone walkway surrounded by lush greenery greets you and leads you to the welcoming foyer. Travertine floors flow into the beautifully remodeled kitchen, which includes mahogany cabinetry, granite counters, a farmhouse sink and all appliances. The open living and dining area has gorgeous hardwood floors and a wood burning fireplace. There are two bedrooms on the main level, one of which is currently set up as a walk-in dressing room with an island. The full bathroom is beautifully redesigned with Restoration Hardware fixtures including a double vanity with a reclaimed oak cabinetry, a soaking tub, and a glass tile shower. The walk-out lower level induces a theater room, a full bathroom with slate tile, a laundry room / workshop, and the third bedroom with a fireplace and patio access. Situated on a private street in Gates Mills, this property provides 2+ acres of serenity, with a fenced-in side yard and a patio area overlooking the valley. Plus, there is a 1-car garage and a whole-house generator.

Last Agent to Sell the Property

The Young Team

Keller Williams Greater Metropolitan License #2009004440 Listed on: 03/31/2021

Keller Williams Greater Metropolitan

Last Buyer's Agent

Michael Kaim

Real of Ohio License #430767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,806

Year Built

  • Built in 1960

Lot Details

  • 2.2 Acre Lot
  • Lot Dimensions are 202x353
  • Street terminates at a dead end
  • Unpaved Streets
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Views of Woods

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 842-33-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,806

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 246.60
  • Estimated Price per Sq Ft: 246.60
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1500
  • Year Built: 1960
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Finished, Full, Walk-Out
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1500.00
  • Sq Ft Approx Total Finished: 1500.00

Exterior Features

  • View: Wooded
  • Exterior: Aluminum, Brick
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Septic

Schools

  • School District: Mayfield CSD

Lot Info

  • Lot Dimensions: 202x353
  • Lot Description: Dead End Street, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 2.2000
  • Parcel Number: 842-33-004

Tax Info

  • Tax: 8806

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 3, 2021
Sold by
Trocme James F and Trocme Valentine Huet
Bought by
Gallagher Paul and Gallagher Diana L
Seller's Agent
The Young Team
Keller Williams Greater Metropolitan
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$399,000
Sold Price
$369,900
Premium/Discount to List
-$29,100
-7.29%
Current Estimated Value
$482,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,198
Avg. Annual Appreciation
6.21%
Original Mortgage
$378,407
Outstanding Balance
$342,600
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$139,498

Purchase Details

Closed on
May 3, 2013
Sold by
Felice Mark
Bought by
Trocme James F and Trocme Valentine Huet

Purchase Details

Closed on
May 24, 2006
Sold by
Hallett Leslie D and Hallett Elizabeth R
Bought by
Felice Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 1, 1975
Bought by
Hallett Leslie D and Hallett Elizabeth
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallagher Paul $369,900 Ohio Real Title
Trocme James F $325,000 New Market
Felice Mark $238,000 Signature Title
Hallett Leslie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Paul $378,407
Previous Owner Felice Mark $190,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $369,900 0.0% $247 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 Price Changed $369,900 -7.3% $247 / Sq Ft
04/09/2021 04/09/21 For Sale $399,000 -- $266 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,724 $129,465 $48,510 $80,955
2023 $7,807 $115,020 $70,320 $44,700
2022 $8,421 $115,010 $70,320 $44,700
2021 $8,335 $115,010 $70,320 $44,700
2020 $8,806 $111,650 $68,250 $43,400
2019 $8,512 $319,000 $195,000 $124,000
2018 $8,751 $111,650 $68,250 $43,400
2017 $9,306 $108,080 $67,480 $40,600
2016 $9,232 $108,080 $67,480 $40,600
2015 $6,228 $108,080 $67,480 $40,600
2014 $6,228 $75,990 $64,260 $11,730
Source: Public Records

Agents Affiliated with this Home

  • The Young Team

    Seller's Agent in 2021

    The Young Team

    Keller Williams Greater Metropolitan

    (216) 378-9618

    7 in this area

    634 Total Sales

    The Young Team
    Section Image
  • Michael Kaim

    Buyer's Agent in 2021

    Michael Kaim

    Real of Ohio

    (440) 228-8046

    5 in this area

    1,540 Total Sales

    Michael Kaim
    Section Image
  • Terri Gough

    Buyer Co-Listing Agent in 2021

    Terri Gough

    Berkshire Hathaway HomeServices Professional Realty

    1 in this area

    52 Total Sales

    Terri Gough
    Section Image
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Map

Source: MLS Now

MLS Number: 4266745

MLS Now

APN: 842-33-004

Ohio Cuyahoga County Gates Mills 44040

1251 Old Cord Ln, Gates Mills, OH

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