NOT LISTED FOR SALE

3040 Waterfall Way Westlake, OH 44145

Estimated Value: $1,034,435 - $1,204,000

4 Beds
4.5 Baths
5,992 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $690,000 $115 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,205/month

1 Day on Market

Highlights

  • Health Club
  • Medical Services
  • Colonial Architecture
  • Dover Intermediate School Rated A
  • View of Trees or Woods
  • Deck

About This Home

As of April 2020

Enjoy living in the wonderful community of Lake Forest. This stately neighborhood is minutes from Crocker Park and Bradley Road Park. Upon entering this meticulously maintained brick colonial you will note marble floors in the foyer and beautiful cherry hardwood floors throughout most of the first floor. The large office with custom wood work and built in's is a perfect space to work remote, and the Family Room with vaulted ceilings and a gas fireplace, provides tons of natural light which make the room feel light and airy. Off the kitchen is a beautiful deck with pergola and INCLUDED IN TH IS PRICE IS AN ADDITIONAL LOT DIRECTLY BEHIND MEASURING 102 X 163. The kitchen is ample room for entertaining and the 3 CAR garage has a SEPARATE ENTRANCE to the basement that has a built in bar that seats 6, 2 wine coolers, and a full bath. This space is perfect for entertaining, or in law/teen suite. The bedrooms are spacious with large closets and the master bedroom hosts 2 incredibly large closets and a master bath with jetted tub and private commode. This Home is priced to sell!

Last Agent to Sell the Property

Gregg Wasilko

Howard Hanna License #308341 Listed on: 03/02/2020

Howard Hanna

Last Buyer's Agent

Greg Willis

Howard Hanna License #393881

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,049

Year Built

  • Built in 1997

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 102 x 180
  • East Facing Home
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Views of Woods
  • Home Security System
  • Washer
  • Finished Basement

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 216-03-054

Community Details

Overview

  • Lake Forest Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Health Club
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,049

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 161.86
  • Estimated Price per Sq Ft: 161.86
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4263
  • Year Built: 1997
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Wall Oven, Refrigerator, Security System, Washer
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Finished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 4263.00
  • Sq Ft Approx Below Grade Finished: 1729.00
  • Sq Ft Approx Total Finished: 5992.00

Exterior Features

  • View: Wooded
  • Exterior: Brick
  • Exterior Features: Deck, Sprinkler/Irrigation, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Door Opener
  • Garage Num Of Cars: 3

Utilities

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

Association/Amenities

  • Amenities: Health Club, Medical Service, Park, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Lake Forest

Schools

  • School District: Westlake CSD
  • School District: Westlake CSD

Lot Info

  • Lot Dimensions: 102 x 180
  • Lot Size Units: Acres
  • Acres: 0.4223
  • Parcel Number: 216-03-054

Tax Info

  • Tax: 13049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Apr 17, 2020
Sold by
Kelly Thomas John and Kelly Tj
Bought by
Khallafi Hicham and Khallafi Michelle
Seller's Agent
Gregg Wasilko
Howard Hanna
Buyer's Agent
Greg Willis
Howard Hanna
List Price
$699,900
Sold Price
$690,000
Premium/Discount to List
-$9,900
-1.41%
Current Estimated Value
$1,131,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,359
Avg. Annual Appreciation
9.43%
Original Mortgage
$552,000
Outstanding Balance
$382,383
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$748,976

Purchase Details

Closed on
Apr 19, 2018
Sold by
Kelly Thomas John
Bought by
Kelly Tolen H and Kelly Tyler H

Purchase Details

Closed on
Jan 25, 2018
Sold by
Schaffner Joyce
Bought by
Kelly Thomas John

Purchase Details

Closed on
Jun 8, 2006
Sold by
Primacy Closing Corp
Bought by
Kelly Tj and Schaffner Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 23, 2006
Sold by
Hoffman James D and Hoffman Andrea L
Bought by
Primacy Closing Corp

Purchase Details

Closed on
Oct 7, 1997
Sold by
Hennie Homes Inc
Bought by
Bokar Louis E and Bokar Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
7.54%
Mortgage Type
New Conventional
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
Khallafi Hicham $690,000 Northstar Title Agency
Kelly Tolen H -- None Available
Kelly Thomas John -- None Available
Kelly Tj $740,000 First American Title Ins Co
Primacy Closing Corp $740,000 First American Title Ins Co
Bokar Louis E $537,599 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khallafi Hicham $552,000
Previous Owner Kelly Tj $592,000
Previous Owner Bokar Louis E $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2020 04/20/20 Sold $690,000 -1.4% $115 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $699,900 -- $117 / 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 $14,488 $305,830 $55,475 $250,355
2023 $12,723 $229,610 $54,010 $175,600
2022 $12,519 $229,600 $54,010 $175,600
2021 $12,535 $229,600 $54,010 $175,600
2020 $13,398 $225,120 $52,960 $172,170
2019 $12,991 $643,200 $151,300 $491,900
2018 $13,967 $225,120 $52,960 $172,170
2017 $15,104 $245,080 $49,320 $195,760
2016 $15,023 $245,080 $49,320 $195,760
2015 $13,664 $245,080 $49,320 $195,760
2014 $13,664 $218,820 $44,030 $174,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4171980

MLS Now

APN: 216-03-054