Seller's Agent in 2020
David Malone
Howard Hanna
(440) 423-3100
47 in this area
127 Total Sales
7039 Gates Rd Gates Mills, OH 44040
Estimated Value: $1,139,000 - $1,426,341
6
Beds
7
Baths
5,447
Sq Ft
$235/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- 5 Acre Lot
- Deck
- Mayfield High School Rated A
- Colonial Architecture
- Pond
About This Home
As of February 2020This Beautifully Updated 5 Acre Gates Mills Estate has been COMPLETELY RENOVATED & COMPLETELY REMODELED...Top-To-Bottom & Wall-To-Wall...and is quite Simply Amazing! More than 5,400 Square Feet of ALL New & ALL High-End finishes throughout including a Brand New Spacious Gourmet Kitchen with All Viking appliances, a circular sun-room with vaulted ceilings, fully equipped walk-in butlers pantry, and 6 bedrooms...5 with on suite baths. The Master suite is particularly impressive with beautiful views overlooking the back yard and an absolutely Stunning “Glam-Bath” that features a huge walk-in double shower, a beautiful freestanding tub, and a spacious walk-in closet. The home also includes a Formal Living Room, Formal Dining Room, Family Room, and a private Den/Office ( all very large & spacious). In addition, it has 3 truly beautiful fireplaces, a newly finished basement, a huge deck for entertaining, a 3 car garage plus a separate stand alone garage, a tennis-basketball court and a pond all on 5 picturesque acres!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,097
Year Built
- Built in 1956
Lot Details
- 5 Acre Lot
- Wooded Lot
Parking
- 3 Car Attached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 5,447 Sq Ft Home
- 2-Story Property
- 3 Fireplaces
- Views of Woods
- Fire and Smoke Detector
- Partially Finished Basement
Kitchen
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Pond
- Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Steam
- Heating System Uses Gas
- Septic Tank
Community Details
- Norvale Community
Listing and Financial Details
- Assessor Parcel Number 842-07-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2019
Closed on
Feb 21, 2020
Sold by
Nexgen Re Holdings Llc
Bought by
Westover William B and Westover Laura J
Seller's Agent
David Malone
Howard Hanna
Buyer's Agent
Colleen Miklus
Keller Williams Greater Metropolitan
List Price
$950,000
Sold Price
$813,100
Premium/Discount to List
-$136,900
-14.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,485
Avg. Annual Appreciation
8.31%
Original Mortgage
$731,790
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2019
Sold by
Cleveland Design And Restoration
Bought by
Nexgen Re Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 26, 2018
Sold by
Goldberg Bryan
Bought by
Cleveland Design And Restoration
Purchase Details
Closed on
Dec 16, 2005
Sold by
Caraboolad Laurel R and Caraboolad Laurel
Bought by
Caraboolad Laurel R and Goldberg Bryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 18, 2005
Sold by
Caraboolad Michael
Bought by
Caraboolad Laurel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 8, 1988
Sold by
Miller Martha
Bought by
Caraboolad Michael S
Purchase Details
Closed on
Nov 14, 1985
Sold by
Miller Frank J and Miller Mary M
Bought by
Miller Martha
Purchase Details
Closed on
Jan 1, 1975
Bought by
Miller Frank J and Miller Mary M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Westover William B | $813,100 | Revere Title | |
| Nexgen Re Holdings Llc | -- | Title Blue Agency | |
| Cleveland Design And Restoration | $440,000 | Insight Title | |
| Caraboolad Laurel R | -- | North Point | |
| Caraboolad Laurel | -- | -- | |
| Caraboolad Michael S | $230,000 | -- | |
| Miller Martha | -- | -- | |
| Miller Frank J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Westover William B | $731,790 | |
| Previous Owner | Nexgen Re Holdings Llc | $645,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $813,100 | -9.2% | $149 / Sq Ft |
| 01/15/2020 01/15/20 | Pending | -- | -- | -- |
| 01/08/2020 01/08/20 | Price Changed | $895,000 | -5.8% | $164 / Sq Ft |
| 12/06/2019 12/06/19 | For Sale | $950,000 | -- | $174 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $21,965 | $340,165 | $94,570 | $245,595 |
| 2023 | $20,486 | $278,460 | $87,710 | $190,750 |
| 2022 | $20,350 | $278,460 | $87,710 | $190,750 |
| 2021 | $20,141 | $278,460 | $87,710 | $190,750 |
| 2020 | $21,650 | $270,340 | $85,160 | $185,190 |
| 2019 | $16,285 | $606,400 | $243,300 | $363,100 |
| 2018 | $18,894 | $212,240 | $85,160 | $127,090 |
| 2017 | $23,859 | $294,490 | $78,750 | $215,740 |
| 2016 | $23,658 | $294,490 | $78,750 | $215,740 |
| 2015 | $20,921 | $294,490 | $78,750 | $215,740 |
| 2014 | $20,921 | $280,460 | $75,010 | $205,450 |
Source: Public Records
Agents Affiliated with this Home
-
David Malone
-
Colleen Miklus
Buyer's Agent in 2020
Colleen Miklus
Keller Williams Greater Metropolitan
(440) 479-8766
12 in this area
275 Total Sales
Map
Source: MLS Now
MLS Number: 4151838
APN: 842-07-002
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