NOT LISTED FOR SALE

14580 Caves Rd Novelty, OH 44072

Estimated Value: $398,000 - $673,000

31.22 Acres
$19,053 Price per Acre
1,359,943 Sq Ft Lot

Last Sold June 29, 2018

Last sale price $415,000

Est. 43% increase in value since last sale

Current estimated payment $3,285/month

53 Days on Market

Highlights

  • View of Trees or Woods
  • 31.22 Acre Lot
  • Wooded Lot
  • West Geauga High School Rated A-
  • Forestry Credit
  • Shops

About This Lot

As of June 2018

This 31 acre offering provides multiple opportunities from an estate with total private surroundings to developing the land into 6 building lots or as the property is best divided. Currently the stand of trees has a quoted value of $25,000. Located in Geauga Co. with its benefits yet a short 30 minutes drive to University Circle or 5 minutes to Chagrin Falls.

Last Agent to Sell the Property

Bob Royer

Howard Hanna License #2003002003 Listed on: 04/09/2018

Howard Hanna

Last Buyer's Agent

Robert Zimmer

Keller Williams Greater Metropolitan License #404374

Keller Williams Greater Metropolitan

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,962

Lot Details

  • 31.22 Acre Lot
  • Lot Dimensions are 407x1171
  • Unpaved Streets
  • Wooded Lot

Utilities

  • Well
  • Septic Tank

Additional Features

  • Views of Woods
  • Forestry Credit

Community Details

  • Shops

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 26-066400

Property Details

Property Type

Land

Est. Annual Taxes

$4,962

Lot Details

31.22 Acres

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Lot Number: 1
  • Access: County Road
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Wooded
  • Barns Etc: Garage

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Water/Sewer: Well, Septic
  • Utilities Available: Electric, Gas, Phone Lines, Sewer, Water

Association/Amenities

  • Amenities: Shopping/Mall

Schools

  • School District: West Geauga Lsd

Lot Info

  • Lot Dimensions: 407x1171
  • Improvements: Electric, Gas
  • Irregular Lot Yn: Yes
  • Lot Description: Forestry Credit, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 31.2200
  • Topography: Wooded
  • Parcel Number: 26-066400

Multi Family

  • Number Of Lots: 6

Tax Info

  • Tax: 4962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Hummer Paving Company
Bought by
14600 Llc
Current Estimated Value
$594,821

Purchase Details

Closed on
Jan 14, 2020
Sold by
Hummer Paul
Bought by
Hummer Paving Company

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 29, 2018
Sold by
Laipply Laurel J
Bought by
Hummer Paul J
Seller's Agent
Bob Royer
Howard Hanna
Buyer's Agent
Robert Zimmer
Keller Williams Greater Metropolitan
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$350,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 1992
Bought by
Laipply Laurel J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
14600 Llc -- None Listed On Document
Hummer Paving Company -- Michael Recorded S
Hummer Paving Company -- None Available
Hummer Paul J $415,000 Greater Cleveland Title
Laipply Laurel J $238,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hummer Paul J $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $415,000 -7.8% --
06/01/2018 06/01/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $450,000 -- --
Source: MLS Now

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 $1,867 $41,170 $20,970 $20,200
2023 $1,867 $41,170 $20,970 $20,200
2022 $1,587 $305,630 $120,230 $185,400
2021 $16,471 $305,630 $120,230 $185,400
2020 $4,688 $83,380 $65,630 $17,750
2019 $4,962 $80,680 $65,630 $15,050
2018 $4,955 $80,680 $65,630 $15,050
2017 $4,962 $80,680 $65,630 $15,050
2016 $5,197 $80,790 $65,630 $15,160
2015 $4,802 $80,790 $65,630 $15,160
2014 $4,802 $80,790 $65,630 $15,160
2013 $4,833 $80,790 $65,630 $15,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3987798

MLS Now

APN: 26-066400

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