NOT LISTED FOR SALE

2967 Waterfall Way Westlake, OH 44145

Estimated Value: $1,392,000 - $2,012,000

5 Beds
7 Baths
7,719 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $1,225,000 $159 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,037/month

339 Days on Market

Highlights

  • In Ground Pool
  • 1.01 Acre Lot
  • 2 Fireplaces
  • Dover Intermediate School Rated A
  • Wooded Lot
  • No HOA

About This Home

As of June 2012

This newly built home in a desirable Westlake subdivision offers wonderful indoor and outdoor entertainment spaces including a brick and stone patio with pool & hot tub, an outdoor kitchen, and a full basketball court on a double lot (over 1 acre). Inside you'll find a sophisticated two-story foyer with polished staircase which opens to the living room with vaulted ceilings featuring a brick, marble and wood fireplace with decorative moulding, built-in cabinetry and storage unit with granite countertop. Off the foyer is the elegant formal dining room featuring an intricate, detailed chair railing, tray ceiling, large window to outdoors, and crown moulding. French doors open to the study with floor-to-ceiling wood paneling and built-ins, tray ceiling, and decorative chandelier. The master suite comes adorned with a fireplace, private entrance to the patio and a luxurious master bath. In the lower level is a billiard room, wet bar and theatre room.

Last Agent to Sell the Property

Craig Cantrall

Chestnut Hill Realty, Inc. License #263278 Listed on: 07/24/2011

Last Buyer's Agent

Bev Montgomery

Howard Hanna License #322116

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 150 x 150
  • Property has an invisible fence for dogs
  • Property is Fully Fenced
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • Wired For Sound
  • 2 Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 216-04-039

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 2005
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: In Ground
  • ResoSecurityFeatures: Security System
  • Reso Accessibility Features: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Wired for Sound
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Full, Finished
  • Basement: Yes
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full, Invisible
  • Acres: 1.007
  • Home Warranty: No
  • Construction Type: Stone
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Westlake CSD - 1832

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 216-04-039
  • Lot Dimensions: 150 x 150
  • Lot Size Sq Ft: 43865.0
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 31475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
Sockman Douglas W
Bought by
Deana M Sockman Revocable Trust
Current Estimated Value
$1,705,664

Purchase Details

Closed on
Feb 3, 2021
Sold by
Deana M Sockman Recovable Trust and Sockman Deana M
Bought by
Sockman Douglas W

Purchase Details

Closed on
Jul 27, 2020
Sold by
Sockman Douglas W
Bought by
Sockman Deana M and Deana M Sockman Revocable Trus

Purchase Details

Closed on
Jun 27, 2017
Sold by
Uutala Thomas and Uutala Laura
Bought by
Sockman Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,600
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 24, 2011
Closed on
Jun 25, 2012
Sold by
Brown Michael B and Brown Carolyn N
Bought by
Uutala Thomas and Uutala Laura
Seller's Agent
Craig Cantrall
Chestnut Hill Realty, Inc.
Buyer's Agent
Bev Montgomery
Howard Hanna
List Price
$1,695,000
Sold Price
$1,225,000
Premium/Discount to List
-$470,000
-27.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2006
Sold by
Jones Shereen P
Bought by
Brown Michael B and Brown Carolyn N

Purchase Details

Closed on
Sep 1, 2005
Sold by
Ronald J Puzzitiello Fine Homes Inc
Bought by
Brown Michael B and Brown Carolyn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,116,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 20, 2002
Sold by
R & H Development Co
Bought by
Jones Shereen P
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 Buyer Sale Price Title Company
Deana M Sockman Revocable Trust -- Trubiano Mark A
Sockman Douglas W -- Guardian Title
Sockman Deana M -- None Available
Sockman Douglas W $1,245,000 Northstar Title Agency
Uutala Thomas $1,225,000 Barristers Title Agency
Brown Michael B $187,500 Chicago Title Insurance C
Brown Michael B $1,395,000 Revere
Jones Shereen P $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sockman Douglas W $937,600
Previous Owner Uutala Thomas $417,000
Previous Owner Brown Michael B $1,116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $1,225,000 -27.7% $159 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
07/24/2011 07/24/11 For Sale $1,695,000 -- $220 / 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 $23,923 $505,015 $64,575 $440,440
2023 $24,790 $437,330 $62,900 $374,430
2022 $23,846 $437,330 $62,900 $374,430
2021 $23,876 $437,330 $62,900 $374,430
2020 $25,516 $428,750 $61,670 $367,080
2019 $24,742 $1,225,000 $176,200 $1,048,800
2018 $24,852 $428,750 $61,670 $367,080
2017 $29,595 $480,210 $57,440 $422,770
2016 $29,436 $480,210 $57,440 $422,770
2015 $26,774 $480,210 $57,440 $422,770
2014 $26,774 $428,760 $51,280 $377,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3249039

MLS Now

APN: 216-04-039