NOT LISTED FOR SALE

3047 Waterfall Way Westlake, OH 44145

Estimated Value: $1,270,000 - $1,499,000

5 Beds
7 Baths
6,712 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $1,255,000 $187 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,710/month

87 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • High Ceiling
  • Dover Intermediate School Rated A
  • Family Room with Fireplace
  • Granite Countertops

About This Home

As of June 2024

Welcome to this exquisite residence crafted by RJP Fine Homes, an epitome of quality construction and refined elegance. This home boasts an all brick exterior, new roof, two master suites, four fireplaces, four car finished garage, extensive millwork, two HVAC systems, two water tanks, and numerous other amenities. Upon entering the tastefully adorned foyer, you are embraced by the warmth of hardwood floors and an inviting open staircase. The sunny living room, with one of four fireplaces, radiates both sunlight and grace. The large dining room has wainscot walls and crown molding. The main living area features a two-story family room with a striking wall of built-ins, a fireplace and floor-to-ceiling windows. This space seamlessly flows into the chef's delight kitchen, with two Subzeros, two sinks, wall pantry, custom cabinetry and breakfast area. The first-floor master suite, adorned with a luxurious bathroom, offers a haven of tranquility. A handsomely appointed office, boasting wainscot walls, coffered ceilings, a fireplace, and built-ins, serves as a private retreat. A half bath and a well-equipped laundry room complete this level. Ascending to the second floor via one of two staircases, discover the second master suite with a spa-like bath featuring a soaking tub, shower, and double vanities. Three additional generously sized bedrooms, each with its own bath, grace this level. A walk-up attic can be finished as desired. The partially finished basement extends the living space, offering an entertainment haven complete with a bar, wall TV and a fireplace. The patio in the backyard provides an outdoor living space with views of the beautifully landscaped private yard. A four-car garage has polyaspartic floors and built-in cabinets. Located in the sought-after Lake Forest neighborhood, with proximity to Crocker Park and easy access to downtown and the airport, this home beckons you to tour its wonderful and elegant spaces, ready for you to enjoy for years to come.

Last Agent to Sell the Property

Michael Della Vella

Howard Hanna Brokerage Phone: 440-821-9181 License #433561 Listed on: 01/26/2024

Howard Hanna

Last Buyer's Agent

George Wehbeh

Howard Hanna License #2015001976

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,508

Year Built

  • Built in 1998

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 110 x 173
  • Electric Fence
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Running Water Available in Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Recessed Lighting
  • Chandelier
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Library with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 7 Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Water Softener
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 216-03-055

Community Details

Overview

  • No Home Owners Association
  • Lake Forest Subdivision

Amenities

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,508

Year Built

Built in 1998

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1998
  • Attribution Contact: 440-821-9181
  • ResoLotFeatures: Other
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Subdivision Name: Lake Forest
  • Above Grade Finished Sq Ft: 5412.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Wet Bar, Breakfast Bar, Bookcases, Built-in Features, Tray Ceiling(s), Cedar Closet(s), Ceiling Fan(s), Chandelier, Crown Molding, Coffered Ceiling(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Primary Downstairs, Open Floorplan, Stone Counters, Recessed Lighting
  • Unit Levels: Two
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 4
  • Basement: Full, Partially Finished, Storage Space
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Water Softener, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1300.0
  • Fireplace Features: Basement, Family Room, Gas Log, Library, Living Room, Masonry, Gas
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Exterior Features: Sprinkler/Irrigation
  • Roof: Asphalt, Fiberglass
  • Fencing: Electric
  • Acres: 0.44
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage, Garage Door Opener, Heated Garage, Paved, Water Available

Utilities

  • LaundryFeatures: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Fireplace(s), Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association: No

Schools

  • Junior High Dist: Westlake CSD - 1832

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 216-03-055
  • LandLeaseYN: No
  • Lot Dimensions: 110 X 173
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Jun 4, 2024
Sold by
Squeri Theresa V and Squeri Stephen J
Bought by
Ashkar Anthony Ghassan and Nakai Prabhkiran Kaur
Seller's Agent
Michael Della Vella
Howard Hanna
Buyer's Agent
George Wehbeh
Howard Hanna
List Price
$1,369,000
Sold Price
$1,255,000
Premium/Discount to List
-$114,000
-8.33%
Views
218
Current Estimated Value
$1,349,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,875
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
May 11, 2004
Sold by
Miller Donna Marie and Miller Gary
Bought by
Squeri Stephen J and Squeri Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 1999
Sold by
Royal Crest Homes Inc
Bought by
Miller Donna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
6.49%

Purchase Details

Closed on
Apr 8, 1998
Sold by
R & H Development Company
Bought by
Royal Crest Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
7.27%
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
Ashkar Anthony Ghassan $1,255,000 Erie Title
Squeri Stephen J $1,025,000 Lawyers Title Insurance Corp
Miller Donna Marie $65,500 Lawyers Title
Royal Crest Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Squeri Stephen J $770,000
Previous Owner Miller Donna Marie $524,000
Previous Owner Royal Crest Homes Inc $524,000
Closed Royal Crest Homes Inc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $1,255,000 -7.0% $187 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $1,349,000 -1.5% $201 / Sq Ft
01/26/2024 01/26/24 For Sale $1,369,000 -- $204 / 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 $18,652 $393,750 $57,050 $336,700
2023 $15,760 $284,420 $55,550 $228,870
2022 $15,508 $284,410 $55,545 $228,865
2021 $15,528 $284,410 $55,550 $228,870
2020 $16,595 $278,850 $54,460 $224,390
2019 $16,091 $796,700 $155,600 $641,100
2018 $17,472 $278,850 $54,460 $224,390
2017 $18,328 $297,400 $50,720 $246,680
2016 $18,230 $308,040 $50,720 $257,320
2015 $17,174 $308,040 $50,720 $257,320
2014 $17,174 $275,030 $45,290 $229,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5013091

MLS Now (Howard Hanna)

APN: 216-03-055