NOT LISTED FOR SALE

670 Racebrook Rd Gates Mills, OH 44040

Estimated Value: $730,000 - $823,000

4 Beds
3.5 Baths
4,143 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $455,000 $110 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,261/month

36 Days on Market

Highlights

  • View of Trees or Woods
  • 2.55 Acre Lot
  • Hilly Lot
  • Mayfield High School Rated A
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of May 2020

Enjoy this one of a kind home situated on 2.55 acres--a real gem on a private drive. With over 4,100 square feet of living space, generous-sized rooms, and a great layout. This home is ideal for entertaining and perfectly answers the needs of today's changing lifestyle with two large first-floor bedroom suites (master, guest and/or in-law suite) and two good-sized bedrooms upstairs and a Jack & Jill bath. 2016 remodel includes connecting the former guest cottage to the main home, building a new two-car attached garage, adding a new chef's kitchen (stainless steel appliances, cabinets, granite counter tops and walk-in pantry), first-floor laundry, relocating the formal dining room, updated electrical, and installing a wall of windows/doors across the rear of the home highlighting the breathtaking and serene setting. Additional updates include: roof (2016), two furnaces (2016/1017), auxiliary heating in guest suite (2019), and flooring throughout the home. New septic in process of being installed. All this and only 5 minutes to 271, shopping and 20 minutes to downtown Cleveland.

Last Agent to Sell the Property

Janice Pikovnik

HomeSmart Real Estate Momentum LLC License #2005005494 Listed on: 03/05/2020

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Patricia Bourne

EXP Realty, LLC. License #441986

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 2.55 Acre Lot
  • Lot Dimensions are 582x122
  • Hilly Lot
  • Wooded Lot

Property Views

  • Woods
  • Canyon

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,143 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Community Details

  • Mayfield 01 Community

Listing and Financial Details

  • Assessor Parcel Number 841-28-010

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod, Colonial
  • Price Per Square Foot: 109.82
  • Estimated Price per Sq Ft: 109.82
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4143
  • Year Built: 1969
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1969

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Microwave, Wall Oven, Refrigerator
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Partial, Unfinished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 4143.00
  • Sq Ft Approx Total Finished: 4143.00

Exterior Features

  • View: Canyon/Valley, Wooded
  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Mayfield 01

Schools

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

Lot Info

  • Lot Dimensions: 582x122
  • Lot Description: Hillside, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 2.5500
  • Parcel Number: 841-28-010

Tax Info

  • Tax: 15939

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 12, 2020
Sold by
Gaston Benjamin M and Gaston Susan M
Bought by
Lucci Kathryn H
Seller's Agent
Janice Pikovnik
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Patricia Bourne
EXP Realty, LLC.
List Price
$472,000
Sold Price
$455,000
Premium/Discount to List
-$17,000
-3.6%
Current Estimated Value
$783,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,573
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Jun 19, 2012
Closed on
May 21, 2013
Sold by
Zollar Brian C and Zollar Shana N
Bought by
Gaston Benjamin M and Gaston Susan M
Seller's Agent
Emily McLaughlin
Howard Hanna
Buyer's Agent
Janice Pikovnik
HomeSmart Real Estate Momentum LLC
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.35%
Original Mortgage
$399,200
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Brown Steven A and Brown Connie
Bought by
Zollar Brian C and Zollar Shana N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 3, 1989
Sold by
Hay Calvin W
Bought by
Brown Shirley T

Purchase Details

Closed on
Jun 9, 1987
Sold by
Barnes William
Bought by
Hay Calvin W

Purchase Details

Closed on
Aug 24, 1984
Sold by
Hay Calvin W
Bought by
Barnes William

Purchase Details

Closed on
Jun 19, 1984
Bought by
Hay Calvin W

Purchase Details

Closed on
Sep 30, 1982
Sold by
Motch Patricia P
Bought by
Central National Bank Trs

Purchase Details

Closed on
Jan 1, 1975
Bought by
Motch Patricia P
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
Lucci Kathryn H $455,000 Ohio Real Title
Gaston Benjamin M $499,000 Barristers Title Agency
Zollar Brian C $415,000 Competitive Title
Brown Shirley T $315,000 --
Hay Calvin W -- --
Hay Calvin W $180,000 --
Barnes William $150,000 --
Hay Calvin W $136,000 --
Central National Bank Trs -- --
Motch Patricia P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaston Benjamin M $399,200
Previous Owner Zollar Brian C $332,000
Closed Zollar Brian C $62,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2020 05/14/20 Sold $455,000 -3.6% $110 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $472,000 -5.6% $114 / Sq Ft
05/29/2013 05/29/13 Sold $500,000 -8.9% $149 / Sq Ft View Prior Sale
04/14/2013 04/14/13 Pending -- -- --
06/19/2012 06/19/12 For Sale $549,000 -- $164 / 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 $13,285 $206,045 $63,105 $142,940
2023 $11,709 $159,260 $58,490 $100,770
2022 $11,631 $159,250 $58,490 $100,770
2021 $11,512 $159,250 $58,490 $100,770
2020 $16,584 $211,090 $56,770 $154,320
2019 $16,028 $603,100 $162,200 $440,900
2018 $15,939 $211,090 $56,770 $154,320
2017 $16,899 $208,850 $55,090 $153,760
2016 $13,923 $165,940 $55,090 $110,850
2015 $10,911 $165,940 $55,090 $110,850
2014 $10,911 $138,220 $52,470 $85,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4172981

MLS Now

APN: 841-28-010