$273,000
SOLD JAN 7, 2016

1985 Chagrin River Rd Gates Mills, OH 44040

3 Beds
1.5 Baths
1,248 Sq Ft
4.6 Acres

Recently Sold

$219 Per Sq Ft

22% Below List Price

68 Days on Market

Highlights

  • River Front
  • 4.6 Acre Lot
  • Deck
  • Mayfield High School Rated A
  • Colonial Architecture
  • Wooded Lot

About This Home

As of June 2020

Magnificent landmark property with over 700 feet of frontage along the Chagrin River, accessible by footbridge only. There are 2 homes on the property which is located adjacent to 10 acres owned by the Gates Mills Land Conservancy. The 3 bedroom main house, situated next to a winding creek features hardwood floors, wormy chestnut millwork, and a river-stone fireplace with stones handpicked from the Chagrin River. The guest house is a one bedroom cottage designed by noted architect, George Brown, and has been used as an income producing rental property. The ultimate in privacy and seclusion, the property is a nature lover's dream. Currently, it is only accessible by the footbridge but the new owner could build a drive along an existing easement accessed off County Line Rd.

Last Agent to Sell the Property

Leslie Davidson

RE/MAX Above & Beyond License #2003002933 Listed on: 10/23/2015

RE/MAX Above & Beyond

Co-Listed By

Dwight Milko

RE/MAX Traditions License #2008001958

Last Buyer's Agent

Leslie Davidson

RE/MAX Above & Beyond License #2003002933 Listed on: 10/23/2015

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1923

Lot Details

  • 4.6 Acre Lot
  • River Front
  • West Facing Home
  • Property has an invisible fence for dogs
  • Wooded Lot

Property Views

  • Water
  • Woods
  • Park or Greenbelt

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • Mayfield 03 Community

Listing and Financial Details

  • Assessor Parcel Number 843-30-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,236

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: West
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Year Built: 1923
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Wall Oven, Range, Refrigerator, Washer
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full, Unfinished

Exterior Features

  • View: Park, Water View, Wooded
  • Exterior: Vinyl
  • Exterior Features: Deck, Porch
  • Fences: Invisible Pet
  • Roof: Asphalt/Fiberglass

Utilities

  • Heating Fuel: Propane
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Mayfield 03

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 843-30-004
  • Lot Description: River Front, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 4.6000
  • Parcel Number: 843-30-001

Tax Info

  • Tax: 5236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jun 15, 2020
Sold by
Parker Lydia and The Greegg M Goldberg Trust
Bought by
Gates Mills Land Conservancy
Seller's Agent
Lisa Thoreson
Elite Sotheby's International Realty
Buyer's Agent
Lisa Thoreson
Elite Sotheby's International Realty
List Price
$299,000
Sold Price
$195,000
Premium/Discount to List
-$104,000
-34.78%
Total Days on Market
68
Current Estimated Value
$412,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,153

Purchase Details

Closed on
Dec 11, 2017
Sold by
Goldberg Gregg Mark and Parker Lydia
Bought by
Parker Ludia

Purchase Details

Listed on
Oct 23, 2015
Closed on
Jan 5, 2016
Sold by
Lamb Margaret C
Bought by
Goldberg Gregg M
Seller's Agent
Leslie Davidson
RE/MAX Above & Beyond
Buyer's Agent
Leslie Davidson
RE/MAX Above & Beyond
List Price
$349,000
Sold Price
$273,000
Premium/Discount to List
-$76,000
-21.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2004
Sold by
Lamb Margaret C
Bought by
Lamb Margaret C and Blaskis Christopher E

Purchase Details

Closed on
Sep 9, 1991
Sold by
Lamb Margaret C
Bought by
Lamb Margaret C

Purchase Details

Closed on
Nov 12, 1975
Sold by
Shaner Margaret L
Bought by
Lamb Margaret C

Purchase Details

Closed on
Oct 15, 1975
Bought by
Shaner Margaret L

Purchase Details

Closed on
Jan 1, 1975
Bought by
Central Natl Bank Of Cleve
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 Type Sale Price Title Company
Fiduciary Deed $195,000 Chicago Title Insurance C
Interfamily Deed Transfer -- None Available
Warranty Deed $273,000 Revere Title
Deed -- --
Deed $35,000 --
Deed $35,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $218,400 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $150,000 Fannie Mae Freddie Mac
Previous Owner $130,000 Stand Alone Second
Previous Owner $10,000 Credit Line Revolving
Previous Owner $112,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $195,000 -13.3% $156 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
02/10/2020 02/10/20 Price Changed $225,000 -24.7% $180 / Sq Ft
01/06/2020 01/06/20 For Sale $299,000 +9.5% $240 / Sq Ft
01/07/2016 01/07/16 Sold $273,000 -21.8% $219 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $349,000 -- $280 / 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 -- $11,130 $11,130 --
2022 $8,043 $107,520 $48,370 $59,150
2021 $7,912 $107,520 $48,370 $59,150
2020 $8,616 $104,410 $46,970 $57,440
2019 $8,303 $298,300 $134,200 $164,100
2018 $8,149 $104,410 $46,970 $57,440
2017 $6,112 $74,730 $48,930 $25,800
2016 $5,361 $74,730 $48,930 $25,800
2015 $4,923 $74,730 $48,930 $25,800
2014 $4,983 $74,730 $46,590 $28,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3758745

MLS Now

APN: 843-30-001