NOT LISTED FOR SALE

37599 Cedar Rd Gates Mills, OH 44040

Estimated Value: $671,000 - $817,000

4 Beds
4 Baths
2,699 Sq Ft
$284/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $675,000 $250 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,432/month

261 Days on Market

Highlights

  • View of Trees or Woods
  • 4.24 Acre Lot
  • Spring on Lot
  • Mayfield High School Rated A
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of February 2023

An incredible 4+acre property offering privacy and tranquility! A long private drive leads to this utterly charming English country cottage, designed by Munroe Copper, and sited to take advantage of the natural beauty of its surroundings! The main entrance opens onto the dramatic two story living room which features a brick floor, fireplace, and handsome beamed ceiling! The formal dining room has paneled walls and yet another fireplace and is perfect for an intimate and elegant affair! There is a newly updated gourmet kitchen with granite counter tops and stainless steel appliances which opens onto the large butler's pantry. This room has abundant cabinetry and counter space and makes an excellent prep area for parties. There is a huge/dramatic two story family room with a balcony and fireplace that opens onto the charming glass walled sunroom. Additionally, there is a first floor owner's suite(currently being used as an office,) with a full marble bathroom! The second floor has 2 bedrooms, an additional bonus room, and a full bathroom! The lower level provides ample storage. The carriage house has a 3+ car garage on the lower level and an absolutely amazing second floor apartment which features 2 bedrooms, a full bathroom, great kitchen area, and even its own laundry area! There is an amazing outdoor firepit area, fabulous gardens and patio, and a private gazebo which overlooks a breathtaking ravine with babbling brook! Do not come down the driveway without an appointment.

Last Agent to Sell the Property

Adam Kaufman

Howard Hanna License #351481 Listed on: 04/23/2022

Howard Hanna

Last Buyer's Agent

Michael Kaim

Real of Ohio License #430767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,380

Year Built

  • Built in 1925

Lot Details

  • 4.24 Acre Lot
  • Property has an invisible fence for dogs
  • Vinyl Fence
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sound System
  • 4 Fireplaces
  • Views of Woods

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spring on Lot
  • Patio
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • Mayfield 01 Community

Listing and Financial Details

  • Assessor Parcel Number 843-23-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,380

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1925
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances Equipment: Audio System, CO Detector, Cooktop, Dishwasher, Dryer, Garbage Disposal, Humidifier, Microwave, Refrigerator, Security System, Smoke Detector, Wall Oven, Washer, Water Softener
  • Fireplaces: 4
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Main Level Full Bathrooms: 2
  • Room Count: 13
  • Basement Detail: Crawl, Partial
  • Laundry Lower: 1
  • Laundry: 1

Exterior Features

  • View: Wooded
  • Exterior: Stucco, Wood
  • Exterior Features: Patio, Shed
  • Fences: Invisible Pet, Vinyl/Plastic
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Cooling Type: Central Air, Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air, Zoned
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Mayfield 01

Schools

  • School District: Mayfield CSD
  • School District: Mayfield CSD

Lot Info

  • Additional Assessor Parcel Number 1: 881-05-002
  • Lot Description: Spring/Creek, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 4.2400
  • Parcel Number: 843-23-003
  • LandLeaseYN: No

Tax Info

  • Tax: 16380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
Feb 16, 2023
Sold by
Peter J Brooks Family Trust
Bought by
Heacox Jacob Derrig and Heacox Rebecca Ann
Seller's Agent
Adam Kaufman
Howard Hanna
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$715,000
Sold Price
$675,000
Premium/Discount to List
-$40,000
-5.59%
Views
296
Current Estimated Value
$779,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,653
Avg. Annual Appreciation
5.78%
Original Mortgage
$540,000
Outstanding Balance
$526,555
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$247,677

Purchase Details

Closed on
Jun 12, 2012
Sold by
Brooks Peter J and Brooks Nancy L
Bought by
Brooks Peter J and The Peter J Brooks Bloodline Trust

Purchase Details

Closed on
Jan 24, 1997
Sold by
Kryvicky Jeffrey S
Bought by
Clarke Richard A and Clarke Christie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.5%
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
Heacox Jacob Derrig $675,000 Title Professionals
Brooks Peter J -- City Title Agency
Clarke Richard A $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heacox Jacob Derrig $540,000
Previous Owner Brooks Peter J $526,000
Previous Owner Brooks Peter J $526,000
Previous Owner Brooten Gary $400,000
Previous Owner Clarke Richard A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $675,000 -5.6% $250 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
12/24/2022 12/24/22 For Sale $715,000 0.0% $265 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
11/18/2022 11/18/22 Price Changed $715,000 -4.0% $265 / Sq Ft
06/16/2022 06/16/22 For Sale $745,000 0.0% $276 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $745,000 -6.3% $276 / Sq Ft
04/23/2022 04/23/22 For Sale $795,000 -- $295 / 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 $13,516 $209,720 $41,440 $168,280
2023 $14,865 $201,640 $99,960 $101,680
2022 $14,767 $201,640 $99,960 $101,680
2021 $14,616 $201,640 $99,960 $101,680
2020 $15,444 $195,760 $97,060 $98,700
2019 $14,928 $559,300 $277,300 $282,000
2018 $14,639 $195,760 $97,060 $98,700
2017 $15,863 $195,200 $96,040 $99,160
2016 $15,730 $195,200 $96,040 $99,160
2015 $13,913 $195,200 $96,040 $99,160
2014 $13,913 $185,890 $91,460 $94,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4367238

MLS Now

APN: 843-23-003