NOT LISTED FOR SALE

6979 Gates Rd Gates Mills, OH 44040

Estimated Value: $1,412,000 - $1,553,000

4 Beds
6 Baths
6,855 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 30, 2019

Last sale price $869,000 $127 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,937/month

171 Days on Market

Highlights

  • In Ground Pool
  • Views of Trees
  • Cape Cod Architecture
  • Mayfield High School Rated A
  • 4.1 Acre Lot
  • 4 Fireplaces

About This Home

As of January 2019

Presenting A "Home of Distinction" & Member of the Prestigious "Luxury Portfolio" Collection of Homes...Architectural Digest, House Beautiful, Traditional Home is the caliber of Home you will find located at 6979 Gates Road in Gates Mills. From the moment you pull into the stone gated entrance it is apparent this is a very special property. Upon entering this home you will immediately recognize the quality, care and attention to detail that have been put into it...it's the perfect balance of Style & Sophistication, and yet still comfortable, warm and inviting. The home features a traditional formal living and dining in the front and open concept living across the back including a fantastic, well-appointed kitchen, a spacious family room and a cozy den. Also, just off the study is the Spectacular First Floor Master Wing with soaring ceilings, a grand fireplace, a spa-like bath and is totally private from the rest of the house. As for entertaining, this home is ideal! The current home owners have hosted gatherings of 125+ and sit-down dinners of over 40. Other features include...Reclaimed Red Oak Hardwood floors, Wormy Chestnut Wood Work, 2 handsome stone fireplaces(stone harvested from the properties creek located)/3 Bedrooms Up/A 20'x40' Heated, Self-Chlorinating Pool & Pool House, A Finished Basement with a Catering Kitchen & Game Room. This Gates Mills Home offers so much and is without question the epitome of Style & Sophistication.

Last Agent to Sell the Property

David Malone

Howard Hanna License #2015005831 Listed on: 06/30/2018

Howard Hanna

Last Buyer's Agent

Cathy LeSueur

Howard Hanna License #303280

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 4.1 Acre Lot
  • Partially Fenced Property

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Wired For Sound
  • 4 Fireplaces
  • Views of Trees
  • Finished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

  • Air Filtration System
  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Mayfield Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 842-06-002

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1954
  • ResoPoolFeatures: In Ground
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name: Mayfield
  • Above Grade Finished Sq Ft: 4734.0
  • Architectural Style: Cape Cod, Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Air Filtration, Wired for Sound
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 4
  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Humidifier, Microwave, Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2121.0
  • Main Level Bathrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial
  • Acres: 4.1
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Stone, Wood Siding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Detached, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mayfield CSD - 1819

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 842-06-002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23856.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Powell Allen M
Bought by
Humbert & Powell Revocable Trust and Powell
Current Estimated Value
$1,483,975

Purchase Details

Listed on
Jun 30, 2018
Closed on
Jan 23, 2019
Sold by
Conley Kenneth L and Conley Karen M
Bought by
Powell Allen M
Seller's Agent
David Malone
Howard Hanna
Buyer's Agent
Cathy LeSueur
Howard Hanna
List Price
$1,150,000
Sold Price
$869,000
Premium/Discount to List
-$281,000
-24.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$484,350
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Sandel Karen A and Sandel Martin L
Bought by
Conley Kenneth L and Conley Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2000
Sold by
Sandel Karen A
Bought by
Sandel Karen A and Sandel Martin L

Purchase Details

Closed on
Jun 26, 1985
Sold by
Haydu Wilma
Bought by
Sandel Karen A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Haydu Wilma
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
Humbert & Powell Revocable Trust -- None Listed On Document
Powell Allen M $869,000 Barristers Title Agency
Conley Kenneth L $1,250,000 --
Sandel Karen A -- --
Sandel Karen A $225,000 --
Haydu Wilma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Allen M $484,350
Previous Owner Conley Kenneth L $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $869,000 -6.1% $127 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
11/13/2018 11/13/18 Price Changed $925,000 -5.1% $135 / Sq Ft
09/13/2018 09/13/18 Price Changed $975,000 -15.2% $142 / Sq Ft
07/12/2018 07/12/18 For Sale $1,150,000 0.0% $168 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $1,150,000 -- $168 / 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 $24,839 $385,000 $93,800 $291,200
2023 $23,020 $313,400 $75,360 $238,040
2022 $22,867 $313,390 $75,360 $238,040
2021 $22,632 $313,390 $75,360 $238,040
2020 $23,914 $304,260 $73,150 $231,110
2019 $23,113 $869,300 $209,000 $660,300
2018 $22,340 $304,260 $73,150 $231,110
2017 $23,857 $294,740 $67,870 $226,870
2016 $23,656 $294,740 $67,870 $226,870
2015 $20,918 $294,740 $67,870 $226,870
2014 $20,918 $280,710 $64,650 $216,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4014752

MLS Now (Howard Hanna)

APN: 842-06-002