7060 Gates Rd Gates Mills, OH 44040
Estimated Value: $618,000 - $1,045,000
5
Beds
7
Baths
7,304
Sq Ft
$108/Sq Ft
Est. Value
Highlights
- Medical Services
- 2.5 Acre Lot
- 2 Fireplaces
- Mayfield High School Rated A
- Colonial Architecture
- No HOA
About This Home
As of October 2019Incredible opportunity to purchase this newer built Gates Mills colonial home that is just made for entertaining. House needs some TLC to make it new again but it's truly a gem located in a fantastic neighborhood surrounded by tranquility, yet close to freeway access. This home boasts very generous room sizes and a well designed floor plan. Large family room with big fireplace and picture windows to view the surrounding private yard. The kitchen is designed so several family cooks can work together without getting in each other's way. The center island has a downdraft cooktop and generous countertop space throughout the kitchen, Gaggenau ovens, and Sub-Zero refrigerator. Living room features a fireplace and handsome woodwork. In the rear of the home is a year-round sunroom with views to the yard. The lower level is finished with high quality details and another kitchen area. Sub-zero built in refrigerator/freezer in both kitchen & lower level also. While you'll have to do some maintenance before move in, this gem with be a lasting treasure when done and one you'll be proud to show all your friends.
Last Agent to Sell the Property
Keller Williams Greater Metropolitan License #2004000635 Listed on: 01/10/2019
Last Buyer's Agent
Yelena Liberman
Deleted Agent License #2004012559
Home Details
Home Type
- Single Family
Year Built
- Built in 1995
Lot Details
- 2.5 Acre Lot
- North Facing Home
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
- Unpaved Parking
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 7 Bathrooms
Outdoor Features
- Enclosed patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 842-09-015
Community Details
Overview
- No Home Owners Association
- Village/Gates Mills Subdivision
Amenities
- Medical Services
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 9, 2024
Sold by
Specht John D
Bought by
Burge Benjamin D
Total Days on Market
46
Current Estimated Value
Purchase Details
Listed on
Jan 10, 2019
Closed on
Oct 25, 2019
Sold by
Langmack Clark Bishop and Langmack Johanna Zahler
Bought by
Burge Benjamin D and Specht John D
Seller's Agent
Thomas Seaman
Keller Williams Greater Metropolitan
Buyer's Agent
Yelena Liberman
Deleted Agent
List Price
$545,000
Sold Price
$425,000
Premium/Discount to List
-$120,000
-22.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$340,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Similar Home in Gates Mills, OH
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 |
|---|---|---|---|
| Burge Benjamin D | $425,000 | Ohio Real Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burge Benjamin D | $340,000 | |
| Previous Owner | Langmack Clark B | $250,000 | |
| Previous Owner | Langmack Clark B | $230,000 | |
| Previous Owner | Langmack Clark B | $500,000 | |
| Previous Owner | Langmack Clark Bishop | $272,000 | |
| Previous Owner | Langmack Clark Bishop | $242,000 | |
| Previous Owner | Langmack Clark Bishop | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2019 10/29/19 | Sold | $425,000 | +6.3% | $58 / Sq Ft |
| 02/25/2019 02/25/19 | Pending | -- | -- | -- |
| 02/19/2019 02/19/19 | Price Changed | $400,000 | -26.6% | $55 / Sq Ft |
| 01/10/2019 01/10/19 | For Sale | $545,000 | -- | $75 / 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 | $12,978 | $201,250 | $64,435 | $136,815 |
| 2023 | $10,943 | $148,760 | $61,290 | $87,470 |
| 2022 | $10,870 | $148,750 | $61,290 | $87,470 |
| 2021 | $10,759 | $148,750 | $61,290 | $87,470 |
| 2020 | $18,986 | $241,750 | $59,500 | $182,250 |
| 2019 | $18,349 | $690,700 | $170,000 | $520,700 |
| 2018 | $18,247 | $241,750 | $59,500 | $182,250 |
| 2017 | $18,586 | $229,780 | $55,370 | $174,410 |
| 2016 | $18,429 | $229,780 | $55,370 | $174,410 |
| 2015 | $16,294 | $229,780 | $55,370 | $174,410 |
| 2014 | $16,294 | $218,830 | $52,750 | $166,080 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Seaman
Seller's Agent in 2019
Thomas Seaman
Keller Williams Greater Metropolitan
(216) 469-7081
1 in this area
44 Total Sales
-
Buyer's Agent in 2019
Yelena Liberman
Deleted Agent
(440) 821-2957
28 Total Sales
Map
Source: MLS Now
MLS Number: 4062873
APN: 842-09-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 1199 W Hill Dr
- 7055 Hickory Ln
- 167 Chatham Way Unit E167
- 110 Gaslight Ln
- 131 Drury Ln Unit 131K
- 139 Chatham Way Unit C139
- 6639 Monterey Dr
- 6745 Gates Mills Blvd
- 1800 Chartley Rd
- 6751 Glenview Rd
- 6601 Ridgeview Rd
- 1259 Cordova Rd
- 1278 Cordova Rd
- 1823 Som Center Rd
- 7321 Daisy Wood Ln
- 1849 Berkshire Rd
- 982 Chestnut Run
- 0 Som Center Rd Unit 4499471
- 35050 Dorchester Rd
- 1364 Echo Glen