NOT LISTED FOR SALE

12989 Westchester Trail Chesterland, OH 44026

Estimated Value: $596,000 - $921,999

10 Beds
10 Baths
12,000 Sq Ft
$63/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $490,500 $41 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,894/month

1,768 Days on Market

Highlights

  • 5.95 Acre Lot
  • Park or Greenbelt View
  • 9 Car Garage
  • West Geauga High School Rated 9+
  • 5 Fireplaces
  • Porch

About This Home

As of November 2016

Investment opportunity awaits you, 12,000 square ft. 6-unit home sitting on almost 6 acres with many options throughout this historical majestic mansion. The property has a separate laundry area, plenty of onsite storage, Plenty of Garage space available 3 are attached the other 6 are detached, and plenty of parking on the premises. 2 of the 6 units are much larger than the other units and one of the units has 2 floors with private storage and laundry area. The common areas are well maintained and have plenty of room for picnics and family or friend gatherings. Included with this property profile is a 2-bedroom cottage that sits on the backside of -the property.This property has too many options to mention, it’s a must see.

Last Agent to Sell the Property

Gregory Kotoch

HomeSmart Real Estate Momentum LLC License #2004004352 Listed on: 11/21/2011

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Gregory Kotoch

HomeSmart Real Estate Momentum LLC License #2004004352 Listed on: 11/21/2011

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,493

Year Built

  • Built in 1901

Lot Details

  • 5.95 Acre Lot
  • Lot Dimensions are 600x415
  • West Facing Home

Parking

  • 9 Car Garage

Home Design

  • Villa
  • Asphalt Roof

Interior Spaces

  • 12,000 Sq Ft Home
  • 3-Story Property
  • 5 Fireplaces
  • Park or Greenbelt Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 10 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Gas
  • Water Not Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11333950

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,493

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Villa
  • House Faces: West
  • Price Per Square Foot: 40.88
  • Num Of Stories: 3.00
  • Total Sq Ft: 12000
  • Year Built: 1901
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances Equipment: Dryer, Wall Oven, Range, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 5
  • Total Bedrooms: 10
  • Total Bathrooms: 10.00
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Main Half Bathrooms: 2
  • Room Count: 13
  • Basement Detail: Full
  • Living Area Sq Ft: 12000
  • Estimated Total Living Area: 12000
  • Estimated Sq Ft: 12000

Exterior Features

  • View: Park
  • Exterior: Wood
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Detached
  • Garage Num Of Cars: 9

Utilities

  • Heating Fuel: Gas
  • Heating Type: Baseboard, Radiators
  • Water/Sewer: No Water, Septic

Schools

  • School District: West Geauga LSD
  • School District: West Geauga LSD

Lot Info

  • Lot Dimensions: 600x415
  • Additional Assessor Parcel Number 1: 11333954
  • Lot Size Area Sq Ft: 259182.0000
  • Lot Size Units: Acres
  • Price Per Acre: 139142.86
  • Acres: 5.9500
  • Parcel Number: 11333950

Tax Info

  • Tax: 9493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2011
Closed on
Nov 21, 2016
Sold by
J Bar Management Company
Bought by
Cherian Abraham and Cherian Saramma
Seller's Agent
Gregory Kotoch
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Gregory Kotoch
HomeSmart Real Estate Momentum LLC
List Price
$1,225,000
Sold Price
$490,500
Premium/Discount to List
-$734,500
-59.96%
Current Estimated Value
$759,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,500
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Bar Managment Co J and Strumbly Barba
Source: Public Records

Range of Values:

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Average Value
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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
Cherian Abraham $490,500 Emerald Glen Title Agency
Bar Managment Co J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $490,500 -60.0% $41 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
11/21/2011 11/21/11 For Sale $1,225,000 -- $102 / 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 $10,953 $247,810 $53,590 $194,220
2023 $10,953 $247,810 $53,590 $194,220
2022 $10,089 $195,760 $44,660 $151,100
2021 $10,056 $195,760 $44,660 $151,100
2020 $10,454 $195,760 $44,660 $151,100
2019 $938 $169,540 $44,660 $124,880
2018 $9,306 $169,540 $44,660 $124,880
2017 $9,381 $169,540 $44,660 $124,880
2016 $10,194 $174,130 $65,490 $108,640
2015 $9,762 $174,130 $65,490 $108,640
2014 $9,457 $174,130 $65,490 $108,640
2013 $9,525 $174,130 $65,490 $108,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3277353

MLS Now

APN: 11-333950