NOT LISTED FOR SALE

1608 Berkshire Rd Gates Mills, OH 44040

Estimated Value: $399,000 - $664,000

4 Beds
2.5 Baths
2,408 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $215,000 $89 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $4,077/month

59 Days on Market

Highlights

  • View of Trees or Woods
  • 2 Acre Lot
  • Spring on Lot
  • Mayfield High School Rated A
  • Colonial Architecture
  • Wooded Lot

About This Home

As of October 2019

LOCATION! LOCATION! LOCATION! Located on prestigious Berkshire Rd among MILLION+ DOLLAR homes. Located directly across from 6.9 acres of Gates Mills Land Conservancy. About the Gates Mills Land Conservancy: The Gates Mills Land Conservancy is a private, nonprofit, tax-exempt membership organization whose mission is to preserve the unique nature of the open space in the Village of Gates Mills, Ohio. The land conservancy operates as an effective and vibrant volunteer organization, designed and chartered to preserve open land through outright purchase of land or through the issuance of a conservation easement or a deed restriction.
A scenic drive brings you to the circular driveway to your entrance. This was originally a 4 bedroom, 2-1/2 bath, 2408 square foot home. This home has been mostly gutted and is a blank canvas for your desires. There is a set of pre approved plans for an addition approx. square feet, __3860 total square foot__that are available to potential Buyer. Home is nestled on 2 acres of park like yard with a stream running through the wooded backyard. A newer 2 car detached garage. Septic was installed in 2008. Selling as is. Buyer due diligence.

Last Agent to Sell the Property

Melissa Penza

HomeSmart Real Estate Momentum LLC License #2012002075 Listed on: 06/14/2019

HomeSmart Real Estate Momentum LLC

Co-Listed By

Charleen Snyder

Deleted Agent License #2002000561

Last Buyer's Agent

Patricia Bourne

EXP Realty, LLC. License #441986

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,085

Year Built

  • Built in 1933

Lot Details

  • 2 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Spring on Lot

Utilities

  • Heating System Uses Gas
  • Septic Tank

Community Details

  • Mayfield 03 Community

Listing and Financial Details

  • Assessor Parcel Number 843-02-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,085

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Year Built: 1933
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1933

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Full

Exterior Features

  • View: Wooded
  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Water/Sewer: Public Water, Septic

Condo/Co-op/Association

  • Subdivision Complex: Mayfield 03

Schools

  • School District: Mayfield CSD
  • School District: Mayfield CSD

Lot Info

  • Lot Description: Spring/Creek, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 2.0000
  • Parcel Number: 843-02-003

Tax Info

  • Tax: 5085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2022
Sold by
Smigel Robert R and Smigel Tyler R
Bought by
Smigel Tyler R and Smigel Abigail M
Total Days on Market
59
Current Estimated Value
$577,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$210,600
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$304,965

Purchase Details

Listed on
Jun 14, 2019
Closed on
Sep 3, 2019
Sold by
Nw Associates Llc
Bought by
Smigel Tyler R and Smigel Robert
Seller's Agent
Melissa Penza
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Patricia Bourne
EXP Realty, LLC.
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$236,250
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 28, 2016
Closed on
Jan 19, 2017
Sold by
Meriecle Jennfeir A and Griggs Jennfier A
Bought by
Nw Associates Llc
Seller's Agent
Molly Cooney
Deleted Agent
Buyer's Agent
David Malone
Howard Hanna
List Price
$299,900
Sold Price
$180,000
Premium/Discount to List
-$119,900
-39.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Nov 2, 2016
Sold by
Mericle Jennifer A and Griggs Gerre A
Bought by
Mericle Jennifer A and Griggs Jennifer A

Purchase Details

Closed on
Aug 19, 2013
Sold by
Griggs Michael S and Griggs Gerre A
Bought by
Griggs Gerre A

Purchase Details

Closed on
Mar 1, 1985
Sold by
Timm Mary M
Bought by
Griggs Michael S

Purchase Details

Closed on
Jan 1, 1975
Bought by
Timm Mary M
Source: Public Records

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Range of Values:

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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
Smigel Tyler R -- Associates Title
Smigel Tyler R $215,000 Revere Title
Nw Associates Llc $180,000 None Available
Mericle Jennifer A -- None Available
Griggs Gerre A -- Attorney
Griggs Michael S $120,000 --
Timm Mary M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smigel Tyler R $238,000
Previous Owner Smigel Tyler R $236,250
Previous Owner Griggs Michael S $60,000
Previous Owner Griggs Michael W $289,800
Previous Owner Griggs Michael S $128,000
Previous Owner Griggs Michael S $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $215,000 -14.0% $89 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $250,000 +38.9% $104 / Sq Ft
01/23/2017 01/23/17 Sold $180,000 -25.0% $75 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
11/28/2016 11/28/16 Price Changed $240,000 -12.7% $100 / Sq Ft
11/14/2016 11/14/16 Price Changed $275,000 -8.3% $114 / Sq Ft
10/28/2016 10/28/16 For Sale $299,900 -- $125 / 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 $10,156 $157,500 $49,245 $108,255
2023 $6,966 $94,510 $63,250 $31,260
2022 $7,023 $94,500 $63,250 $31,260
2021 $6,955 $94,500 $63,250 $31,260
2020 $5,045 $63,000 $61,390 $1,610
2019 $5,114 $180,000 $175,400 $4,600
2018 $6,287 $63,000 $61,390 $1,610
2017 $7,356 $86,280 $61,390 $24,890
2016 $8,063 $86,280 $61,390 $24,890
2015 $7,489 $86,280 $61,390 $24,890
2014 -- $86,280 $58,450 $27,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4106328

MLS Now

APN: 843-02-003