NOT LISTED FOR SALE

40500 Cherrywood Dr Belmont, OH 43718

Estimated Value: $611,489 - $685,000

6 Beds
4.5 Baths
4,383 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $529,000 $121 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,914/month

6 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • 2 Car Direct Access Garage
  • Deck
  • No HOA
  • Cul-De-Sac

About This Home

As of May 2020

Do not miss the chance to see this showcase home situated on almost two acres. This stunner has six bedrooms, 4 1/2 baths. This home is immaculate. The well appointed kitchen is custom designed and is a phenomenal space for entertaining. It comes with all frigidaire gallery appliances and granite countertops. The great room just off the kitchen offers a much sought-after open floor plan. The windows offer a picturesque view of newer inground pool below. The Treks Deck is perfect for summer evenings by the pool! The rooms are spacious. The Master is located on first floor with a large walk in custom closet. The Master Bath has double vanities and stunning views. Upstairs are three more spacious Bedrooms with plenty of closet space. Situated on the second level is the theater room, complete with luxury stadium seating that will be staying with the home. The Laundry room and pantry are just off the kitchen offering convenience with plenty of storage options. The basement is completely renovated with floating island, and custom bar just feet away from the backyard paradise. The basement has a second master suite and full bath complete with bonus room, family room and second kitchen. The two car garage has a large work area perfect for storing tools. The home has custom plantation blinds, duel 200 amp breaker service box, Amish built detached shed, PEX water system, Pool 2 years old and owner will have opened and serviced for new buyer. Do not miss the chance to see this beauty!

Last Agent to Sell the Property

Shannon Irvin

Cedar One Realty License #2018000782 Listed on: 04/22/2020

Last Buyer's Agent

Shannon Irvin

Cedar One Realty License #2018000782 Listed on: 04/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,869

Year Built

  • Built in 2014

Lot Details

  • 1.71 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 4,383 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • 4.5 Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Wood
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 39-01258.036

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,869

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 2014
  • ResoLotFeatures: Cul-De-Sac, Dead End
  • ResoPoolFeatures: In Ground, Community
  • Above Grade Finished Sq Ft: 4383.0
  • Architectural Style: Conventional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 1.712
  • Home Warranty: No
  • Construction Type: Stone, Vinyl Siding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Drain, Direct Access, Electricity, Garage, Garage Door Opener, Heated Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Wood, Zoned
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association: No

Schools

  • Junior High Dist: Union LSD - 707

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 39-01258.036
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4869.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Theaker Richard M and Theaker Jennifer
Bought by
Tmr Rentals Llc
Current Estimated Value
$639,830

Purchase Details

Closed on
Dec 31, 2024
Sold by
Clairmont Development Inc
Bought by
Theaker Richard M and Theaker Jennifer

Purchase Details

Closed on
Oct 5, 2022
Sold by
Rotilio Rachel R
Bought by
Rotilio Ryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,800
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 22, 2020
Closed on
May 28, 2020
Sold by
Bailey Glenn and Bailey Kelly Casey
Bought by
Rotilio Ryan M and Rotilio Rachel R
Seller's Agent
Shannon Irvin
Cedar One Realty
Buyer's Agent
Shannon Irvin
Cedar One Realty
List Price
$545,900
Sold Price
$529,000
Premium/Discount to List
-$16,900
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Original Mortgage
$470,800
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jul 12, 2016
Sold by
Borkoski Steven E and Borkoski Lisa M
Bought by
Bailey Glenn and Casey Bailey Kelly
Seller's Agent
Non-MLS Agent
Non-MLS Office
Buyer's Agent
Angela Crawford
EXP Realty, LLC.
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$450,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2014
Sold by
Clairmont Development Inc
Bought by
Borkoski Steven E and Borkoski Lisa M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tmr Rentals Llc -- None Listed On Document
Tmr Rentals Llc -- None Listed On Document
Theaker Richard M -- None Listed On Document
Theaker Richard M -- None Listed On Document
Harris James W -- None Listed On Document
Harris James W -- None Listed On Document
Rotilio Ryan M -- --
Rotilio Ryan M $529,000 None Available
Bailey Glenn $400,000 Northwest Title Family Of Co
Borkoski Steven E $25,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rotilio Ryan M $470,800
Previous Owner Rotilio Ryan M $470,800
Previous Owner Bailey Glenn $450,000
Previous Owner Borkoski Steven E $320,000
Previous Owner Borkoski Steven E $40,000
Previous Owner Borkoski Steven E $336,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $529,000 -3.1% $121 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $545,900 +36.5% $125 / Sq Ft
07/12/2016 07/12/16 Sold $400,000 0.0% $129 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $400,000 -- $129 / 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 $6,060 $193,420 $12,770 $180,650
2023 $5,537 $169,110 $10,090 $159,020
2022 $5,537 $169,103 $10,087 $159,016
2021 $5,516 $169,134 $10,087 $159,047
2020 $4,889 $143,340 $8,550 $134,790
2019 $4,894 $143,340 $8,550 $134,790
2018 $4,399 $143,340 $8,550 $134,790
2017 $3,928 $111,660 $12,400 $99,260
2016 $3,932 $111,660 $12,400 $99,260
2015 $379 $10,450 $10,450 $0
2014 $355 $9,770 $9,770 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4183433

MLS Now

APN: 39-01258-036