NOT LISTED FOR SALE

Estimated Value: $729,000 - $960,000

3 Beds
3.5 Baths
2,570 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $550,000 $214 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,889/month

137 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Deck
  • Health Club
  • Community Lake
  • 4 Fireplaces

About This Home

As of October 2020

Shoreby Drive! Luxurious Lifestyle where you can vacation year round in the comfort of your own home! Premier gated community. Endless breathtaking views overlooking Newport Harbor & Lake Erie. 3 bedrooms & 3.5 bathrooms. Beautiful open kitchen with soaring ceilings and newer appliances. Finished walk-out lower level with bedroom & full bath! Newer HVAC, washer and dryer. Walk down to the iconic Shoreby Club with it’s lakefront pool, exercise facility, casual and formal dining. There are private docks available for sale as well if you would like the convenience of docking your boat at your door. Bratenahl is just minutes from shopping, restaurants, downtown night-life, University Circle, CWRU, University Hospitals, Cleveland Clinic, CSU, Botanical Gardens, Little Italy, & so much more! Bratenahl is extremely pet friendly, with miles of safe, well-lit walking paths along Lakeshore.

Last Agent to Sell the Property

Craig Cantrall

Chestnut Hill Realty, Inc. License #263278 Listed on: 05/08/2020

Last Buyer's Agent

Craig Cantrall

Chestnut Hill Realty, Inc. License #263278 Listed on: 05/08/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 3,232 Sq Ft Lot
  • Lake Front

HOA Fees

  • $675 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2-Story Property
  • 4 Fireplaces
  • Lake Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 631-07-037

Community Details

Overview

  • Association fees include insurance, entrance maint., exterior building, reserve fund, snow removal, trash removal
  • Newport Bingham Community
  • Community Lake

Recreation

  • Health Club
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Colonial
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1991
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Appliances Equipment: Dishwasher, Wall Oven, Range, Refrigerator
  • Fireplaces: 4
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Finished, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1

Exterior Features

  • View: Lake Erie, Water View
  • Exterior: Cedar
  • Exterior Features: Deck, Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Exercise Room, Health Club, Lake, Park, Pool

Condo/Co-op/Association

  • HOA Fees: 675.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Bingham Homes of Newport
  • Subdivision Complex: Newport Bingham

Fee Information

  • HOA Fee Includes: Association Insurance, Entrance Maint., Exterior Building, Reserve Fund, Snow Removal, Trash Removal

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Description: Lake Front, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.0742
  • Parcel Number: 631-07-037

Tax Info

  • Tax: 16490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Oct 23, 2020
Sold by
Murphy Martin and Murphy Sally
Bought by
Seib Douglas D and Seib Robin W
Seller's Agent
Craig Cantrall
Chestnut Hill Realty, Inc.
Buyer's Agent
Craig Cantrall
Chestnut Hill Realty, Inc.
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Current Estimated Value
$874,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,317
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Jul 9, 2004
Sold by
Altieri Gerard N
Bought by
Murphy Martin and Murphy Sally

Purchase Details

Closed on
Jan 31, 1997
Sold by
Tcis Inc
Bought by
Gerard N Altieri Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 1994
Bought by
Tcis Inc

Purchase Details

Closed on
Jan 1, 1991
Bought by
Williamsburg Homes Inc
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
Seib Douglas D $550,000 Chicago Title Insurance
Murphy Martin $590,900 Executive Title Agency
Gerard N Altieri Trustee $445,000 --
Tcis Inc $418,400 --
Williamsburg Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerard N Altieri Trustee $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $550,000 -12.0% $214 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $625,000 -3.8% $243 / Sq Ft
06/10/2020 06/10/20 For Sale $650,000 +18.2% $253 / Sq Ft
05/22/2020 05/22/20 Off Market $550,000 -- --
05/08/2020 05/08/20 For Sale $650,000 -- $253 / 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 $17,401 $274,400 $28,210 $246,190
2023 $14,774 $192,510 $51,000 $141,510
2022 $14,682 $192,500 $51,000 $141,510
2021 $14,752 $192,500 $51,000 $141,510
2020 $17,805 $198,840 $51,000 $147,840
2019 $16,490 $568,100 $145,700 $422,400
2018 $16,437 $198,840 $51,000 $147,840
2017 $17,877 $206,400 $51,280 $155,120
2016 $17,727 $206,400 $51,280 $155,120
2015 $17,546 $206,400 $51,280 $155,120
2014 $17,546 $206,400 $51,280 $155,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4186973

MLS Now

APN: 631-07-037