NOT LISTED FOR SALE

50 Falls Creek Trail Moreland Hills, OH 44022

Estimated Value: $1,350,000 - $2,282,000

5 Beds
8 Baths
11,846 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $1,300,000 $110 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,764/month

152 Days on Market

Highlights

  • Water Views
  • Spa
  • Deck
  • Moreland Hills Elementary School Rated A
  • Colonial Architecture
  • Wooded Lot

About This Home

As of June 2023

Unparalleled opportunity for an expansive home nestled in the trees on 1.66 acres in Moreland Hills. Inside the home, you are greeted by extraordinary living spaces with grand proportions and stunning views of the ravine at the back of the property. An appreciation for fine craftsmanship is immediately evident, with elegant wainscoting, soaring ceilings, and luxurious finishes found throughout the home. The grand foyer flows seamlessly into the great room that boasts coffered ceilings, dual fireplaces, and wet bar. The great room is open to both the formal dining room and to a sun-filled sitting room. Plus, there is a secondary dining room adjacent to the gourmet kitchen. The primary suite consists of a private wing of the home that includes an elegant bedroom, two large walk-ins, a spa-like bath, and a grand office with an ornate vaulted ceiling. Two powder rooms, a mudroom, and laundry complete the main floor. Upstairs one finds three spacious bedrooms with baths and an expansive shared landing. The extensive lower level includes a wine cellar, a bar, rec room, kitchenette, home gym, offices, and more! Plus, there is access to the lower deck with a built-in whirlpool spa. The park-like grounds include several decks, a patio with a gas fireplace, and a back yard, and lush vegetation that provides plenty of privacy.

Last Agent to Sell the Property

Terry Young

Keller Williams Greater Metropolitan License #237938 Listed on: 01/19/2023

Keller Williams Greater Metropolitan

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 1.66 Acre Lot
  • Lot Dimensions are 258 x 395
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Drain
  • Garage Door Opener

Property Views

  • Water
  • Woods

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • 4 Fireplaces

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

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

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • Association fees include insurance
  • Pebblebrook Community

Listing and Financial Details

  • Assessor Parcel Number 911-30-030

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$31 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 184.11
  • Estimated Price per Sq Ft: 184.11
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 7061
  • Year Built: 1997
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Appliances Equipment: CO Detector, Cooktop, Dishwasher, Dryer, Garbage Disposal, Hot Tub, Jetted Tub, Microwave, Range, Refrigerator, Security System, Smoke Detector, Wall Oven, Washer
  • Fireplaces: 4
  • Total Bedrooms: 5
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 8.00
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 2
  • Room Count: 19
  • Basement Detail: Finished, Full, Walk-Out
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 7061.00
  • Sq Ft Approx Below Grade Finished: 4785.00
  • Sq Ft Approx Total Finished: 11846.00

Exterior Features

  • View: Water View, Wooded
  • Exterior: Stucco
  • Exterior Features: Deck, Patio, Porch, Sprinkler/Irrigation
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Drain, Heated, Water Available
  • Garage Num Of Cars: 4

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 375.00
  • HOA Fee Frequency: Annually
  • Hoa Name: HOA of Moreland Valley - Pebblebrook Est
  • Subdivision Complex: Pebblebrook

Fee Information

  • HOA Fee Includes: Association Insurance

Schools

  • School District: Orange CSD
  • School District: Orange CSD

Lot Info

  • Lot Dimensions: 258 x 395
  • Lot Description: Cul de Sac, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.6600
  • Parcel Number: 911-30-030
  • LandLeaseYN: No

Tax Info

  • Tax: 52433

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2008
Sold by
Doppelt Joan and Doppelt Jeffrey J
Bought by
Swamy Leela and Leela Swamy Trust
Current Estimated Value
$1,567,209

Purchase Details

Closed on
Nov 18, 1998
Sold by
Rivitz Richard S Trs
Bought by
Doppelt Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,030,000
Interest Rate
5.37%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Perl Building Corp
Bought by
Rivitz Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
6.5%

Purchase Details

Closed on
Dec 1, 1993
Sold by
Puleo Herta
Bought by
Perl Building Corp.

Purchase Details

Closed on
Jan 1, 1989
Bought by
Puleo Herta
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
Swamy Leela $2,635,000 Revere Title
Doppelt Joan -- --
Rivitz Richard S $2,100,000 Ohio Title Corporation
Perl Building Corp. $530,000 --
Puleo Herta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swamy Leela $1,000,000
Closed Swamy Krish $1,225,000
Previous Owner Doppelt Joan $2,030,000
Previous Owner Rivitz Richard S $1,675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $1,300,000 -29.7% $110 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $1,850,000 -7.3% $156 / Sq Ft
03/07/2023 03/07/23 Price Changed $1,995,000 -11.3% $168 / Sq Ft
01/19/2023 01/19/23 For Sale $2,250,000 -- $190 / 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 $26,315 $455,000 $58,030 $396,970
2023 $52,372 $777,360 $50,580 $726,780
2022 $52,433 $777,350 $50,580 $726,780
2021 $51,899 $777,350 $50,580 $726,780
2020 $53,452 $747,430 $48,620 $698,810
2019 $51,707 $2,135,500 $138,900 $1,996,600
2018 $55,773 $747,430 $48,620 $698,810
2017 $60,690 $881,520 $67,450 $814,070
2016 $59,971 $881,520 $67,450 $814,070
2015 $57,872 $881,520 $67,450 $814,070
2014 $57,872 $823,840 $63,040 $760,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4432396

MLS Now

APN: 911-30-030