NOT LISTED FOR SALE

2481 Cedarwood Rd Cleveland, OH 44124

Estimated Value: $886,000 - $1,088,437

4 Beds
6 Baths
5,228 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $760,000 $145 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,715/month

348 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Colonial Architecture
  • Moreland Hills Elementary School Rated A
  • Views of Trees
  • Wooded Lot

About This Home

As of April 2016

You will fall in love with this unique home, & the setting is 2nd to none! Estate has a sense of very private secluded retreat & resort living. Grounds are park-like: wonderland of gardens, bluestone patios & walks, bridge between 2 ponds with cascading waterfalls, outdoor grill/kitchen,&60x22 spectacular heated self-clean pool with hydraulic cover! This oasis was designed by renowned landscape architectural firm, creating spectacular outdoor living spaces, great for entertainment & elegant parties. All glass sunroom brings light & outdoor beauty year around inside this exceptional house. Dramatic, open floor plan designed & prof. decorated for grand scale entertaining include a fabulous 2 story liv rm & fam rm with 2 story natural stn fp. & cathedral wood ceiling! Bqt din rm, w/drs to yard, updated gourmet kit. 2 wet bars, incred cabana area w/ 2 chng rooms! Gorgeous master suite w/balcony, stair to pool! LL w/gym,spa,sauna,pool table,fam rm,br,& more! This house is amazing!

Last Agent to Sell the Property

Adam Kaufman

Howard Hanna License #351481 Listed on: 02/01/2015

Howard Hanna

Last Buyer's Agent

Jason Hadad

McDowell Homes Real Estate Services License #442190

McDowell Homes Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,391

Year Built

  • Built in 1982

Lot Details

  • 1.43 Acre Lot
  • Lot Dimensions are 136x470
  • Street terminates at a dead end
  • West Facing Home
  • Property is Fully Fenced
  • Chain Link Fence
  • Irregular Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Trees
  • Park or Greenbelt

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Wired For Sound
  • 2 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Air Filtration System
  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 871-16-030

Community Details

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • No Home Owners Association
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,391

Year Built

Built in 1982

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1982
  • ResoLotFeatures: Dead End, Irregular Lot, Wooded
  • ResoPoolFeatures: In Ground, Community
  • Reso View: Park/Greenbelt, Trees/Woods
  • ResoSecurityFeatures: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Reso Accessibility Features: None
  • Architectural Style: Contemporary, Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Air Filtration, Central Vacuum, Wired for Sound
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Full, Partially Finished
  • Basement: Yes
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Humidifier, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Main Level Bathrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Full, Other
  • Acres: 1.43
  • View: Yes
  • Home Warranty: No
  • Construction Type: Cedar
  • Direction Faces: West
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener, Heated Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness, Other, Pool, Public Transportation
  • Association: No

Schools

  • Junior High Dist: Orange CSD - 1823

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 871-16-030
  • Lot Dimensions: 136x470
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12391.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2015
Closed on
Apr 26, 2016
Sold by
Resenstein Nicholas D and Rosenstein Lilia
Bought by
Bhatt Amit and Seepersadsingh Nadira
Seller's Agent
Adam Kaufman
Howard Hanna
Buyer's Agent
Jason Hadad
McDowell Homes Real Estate Services
List Price
$949,000
Sold Price
$760,000
Premium/Discount to List
-$189,000
-19.92%
Current Estimated Value
$1,161,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,234
Avg. Annual Appreciation
3.14%
Original Mortgage
$560,000
Outstanding Balance
$447,720
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$567,092

Purchase Details

Closed on
Jun 9, 1987
Sold by
Oblonsky Lois B
Bought by
Rosenstein Nicholas D

Purchase Details

Closed on
May 3, 1982
Sold by
Baumgart Herman
Bought by
Oblonsky Lois B

Purchase Details

Closed on
Mar 4, 1982
Bought by
Baumgart Herman

Purchase Details

Closed on
Jul 15, 1981
Bought by
Cedarwood Properties Inc

Purchase Details

Closed on
Jan 1, 1979
Bought by
Pikeland Dev Inc
Source: Public Records

Range of Values:

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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
Bhatt Amit $760,000 North Coast Title
Rosenstein Nicholas D $425,000 --
Oblonsky Lois B $48,000 --
Baumgart Herman $130,000 --
Cedarwood Properties Inc -- --
Pikeland Dev Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatt Amit $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $760,000 -19.9% $145 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
02/01/2015 02/01/15 For Sale $949,000 -- $182 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $17,238 $306,285 $51,205 $255,080
2023 $18,410 $273,980 $63,210 $210,770
2022 $18,441 $273,980 $63,210 $210,770
2021 $18,254 $273,980 $63,210 $210,770
2020 $19,052 $266,000 $61,360 $204,650
2019 $18,429 $760,000 $175,300 $584,700
2018 $9,161 $266,000 $61,360 $204,650
2017 $13,673 $187,150 $45,750 $141,400
2016 $13,520 $187,150 $45,750 $141,400
2015 $13,514 $187,150 $45,750 $141,400
2014 $13,904 $187,150 $45,750 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 3682053

MLS Now (Howard Hanna)

APN: 871-16-030