$1,550,000
SOLD NOV 4, 2022

2965 Fairmount Blvd Cleveland Heights, OH 44118

9 Beds
10 Baths
9,500 Sq Ft
0.65 Acres

Recently Sold

$163 Per Sq Ft

11% Below List Price

28 Days on Market

Highlights

  • 0.65 Acre Lot
  • 3 Fireplaces
  • Patio
  • Tudor Architecture
  • 3 Car Attached Garage
  • Park

About This Home

As of November 2022

Grand in size and style, this marvelously renovated Jacobean Tudor was originally designed by well-known Cleveland architect Frederick Striebinger. The interior has since been renovated for contemporary living while keeping its original grandeur intact, including original woodwork, trim, and beautifully restored oak floors. The craftsmanship, then and now, is impeccable. You enter the home through the grand foyer with walnut paneled walls and a magnificent central staircase with balconies framing a two-story leaded glass window. A banquet-sized dining room and spacious living room with gorgeous fireplace and bay window are off the foyer. Beyond the dining room is a breakfast room leading to a new spacious contemporary kitchen. This eat-in kitchen is a gourmet cook's dream with fabulous appliances, cabinets, and countertops for preparing food and dining. A pantry with prep sink and laundry is off the kitchen. A library off the living room is lined with walnut paneling, bookshelves and fireplace. And a sunlit tea room is beyond the living room. The upper floors are a wonder, 9 bedrooms, 6 full baths, and a half-bath. The main suite is exquisite. It features a large bedroom, sitting room, stunning new bathroom with shower, tub, vanity, and two dressing rooms. Also, on the 2nd floor is a linen room with built-ins and laundry. On the 3rd floor are more living quarters, bedroom, kitchenette, and full bath. And topping off this Jacobean Tudor wonder is an 1100sf ballroom & theater.

Last Agent to Sell the Property

Scott Carpenter

Keller Williams Greater Metropolitan License #2019002705 Listed on: 08/18/2022

Keller Williams Greater Metropolitan

Last Buyer's Agent

Craig Cantrall

Chestnut Hill Realty, Inc. License #263278

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,340

Year Built

  • Built in 1923

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 120x235
  • Southwest Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 3-Story Property
  • 3 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • <<builtInOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms | 1 Main Level Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 686-23-012

Community Details

Overview

  • Shaker Heights Land Companys Sub Community

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,340

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Tudor
  • House Faces: Southwest
  • Price Per Square Foot: 174.16
  • Estimated Price per Sq Ft: 174.16
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 8900
  • Year Built: 1923
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1923

Interior Features

  • Appliances Equipment: Dishwasher, Freezer, Garbage Disposal, Humidifier, Microwave, Range, Refrigerator, Security System, Smoke Detector, Wall Oven
  • Fireplaces: 3
  • Total Bedrooms: 9
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 10.00
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 20
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry On Main: 1
  • Laundry: 3
  • Sq Ft Approx Above Grade Finished: 8900.00
  • Sq Ft Approx Below Grade Finished: 600.00
  • Sq Ft Approx Total Finished: 9500.00

Exterior Features

  • Exterior: Brick
  • Exterior Features: Patio, Sprinkler/Irrigation
  • Roof: Slate

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 3

Utilities

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

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Shaker Heights Land Companys Sub

Schools

  • School District: Cleveland Hts-Univer
  • School District: Cleveland Hts-Univer

Lot Info

  • Lot Dimensions: 120x235
  • Lot Size Units: Acres
  • Acres: 0.6474
  • Parcel Number: 686-23-012
  • LandLeaseYN: No

Tax Info

  • Tax: 22340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Nov 3, 2022
Sold by
Fallswood Property Group Llc
Bought by
2965 Fairmount Boulevard Llc
Seller's Agent
Scott Carpenter
Keller Williams Greater Metropolitan
Buyer's Agent
Craig Cantrall
Chestnut Hill Realty, Inc.
List Price
$1,750,000
Sold Price
$1,550,000
Premium/Discount to List
-$200,000
-11.43%
Views
124
Current Estimated Value
$1,722,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,553
Avg. Annual Appreciation
-0.86%

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 28, 2021
Sold by
Peay Barbara Sue and The Barbara Sue Peay Main Trus
Bought by
Fallswood Property Group Llc
Seller's Agent
Steve Toth
Keller Williams Greater Metropolitan
Buyer's Agent
Judy Makaryk Rosen
Berkshire Hathaway HomeServices Professional Realty
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.12%
Original Mortgage
$725,000
Interest Rate
2.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2020
Sold by
Estate Of Nicholas Peay
Bought by
Peay Barbara Sue

Purchase Details

Closed on
Oct 15, 2020
Sold by
Peay Barbara Sue
Bought by
Peay Barbara Sue

Purchase Details

Closed on
Jul 23, 1975
Sold by
Bishop Barrie O
Bought by
Peay Nicholas

Purchase Details

Closed on
Jan 1, 1975
Bought by
Bishop Barrie O
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,550,000 Chicago Title
Fiduciary Deed $725,000 Ohio Real Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $149,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $725,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $1,550,000 -11.4% $163 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $1,750,000 +141.4% $184 / Sq Ft
06/01/2021 06/01/21 Sold $725,000 0.0% $94 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $725,000 0.0% $94 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $725,000 0.0% $94 / Sq Ft
04/21/2021 04/21/21 Price Changed $725,000 -- $94 / 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 $46,465 $542,500 $34,615 $507,885
2023 $46,236 $421,760 $34,550 $387,210
2022 $24,243 $221,200 $34,550 $186,660
2021 $22,340 $221,200 $34,550 $186,660
2020 $23,941 $214,760 $33,530 $181,230
2019 $22,605 $613,600 $95,800 $517,800
2018 $11,309 $214,760 $33,530 $181,230
2017 $24,144 $213,400 $29,820 $183,580
2016 $24,095 $213,400 $29,820 $183,580
2015 $21,073 $213,400 $29,820 $183,580
2014 $21,073 $197,580 $27,620 $169,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4400684

MLS Now

APN: 686-23-012