$1,862,500
SOLD OCT 31, 2017

7151 Old Mill Rd Gates Mills, OH 44040

6 Beds
8 Baths
8,831 Sq Ft
5.79 Acres

Recently Sold

$211 Per Sq Ft

6% Below List Price

3 Days on Market

Highlights

  • In Ground Pool
  • Views of Trees
  • Colonial Architecture
  • Mayfield High School Rated A
  • 5.79 Acre Lot
  • Wooded Lot

About This Home

As of October 2017

This home is located at 7151 Old Mill Rd, Gates Mills, OH 44040 and is currently priced at $1,862,500, approximately $210 per square foot. This property was built in 1904. 7151 Old Mill Rd is a home located in Cuyahoga County with nearby schools including Mayfield High School, Gilmour Academy, and University School.

Last Agent to Sell the Property

Janice Carson

Howard Hanna License #2001018153 Listed on: 09/17/2017

Howard Hanna

Last Buyer's Agent

Karen Eagle

Elite Sotheby's International Realty License #2011002668

Elite Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,656

Year Built

  • Built in 1904

Lot Details

  • 5.79 Acre Lot
  • Lot Dimensions are 519x486
  • Wooded Lot

Parking

  • 5 Car Garage

Home Design

  • Colonial Architecture
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wired For Sound
  • 5 Fireplaces
  • Views of Trees
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Utilities

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

Community Details

  • No Home Owners Association
  • Settlers Rdg Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 842-14-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,656

Year Built

Built in 1904

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1904
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: In Ground
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Subdivision Name: Settlers Rdg Sub
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Wired for Sound
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 5
  • Basement: Full, Partially Finished
  • Basement: Yes
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 6
  • Main Level Bathrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Slate
  • Acres: 5.794
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Detached, Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • 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: 842-14-013
  • Lot Dimensions: 519x486
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39656.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2017
Closed on
Oct 25, 2017
Sold by
Vita Di Casa Llc
Bought by
Gorski Jeffrey A and Old Mill Trust
Seller's Agent
Janice Carson
Howard Hanna
Buyer's Agent
Karen Eagle
Elite Sotheby's International Realty
List Price
$1,975,000
Sold Price
$1,862,500
Premium/Discount to List
-$112,500
-5.7%
Current Estimated Value
$2,156,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,194
Avg. Annual Appreciation
1.98%
Original Mortgage
$850,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2012
Closed on
Jul 27, 2012
Sold by
Blackman Sheryl M and Blackman Sherry M
Bought by
Vita Di Casa Llc
Seller's Agent
Adam Kaufman
Howard Hanna
Buyer's Agent
Janice Carson
Howard Hanna
List Price
$1,987,500
Sold Price
$1,600,000
Premium/Discount to List
-$387,500
-19.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$600,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2011
Sold by
Blackman Sherry M and Blackman Paul C
Bought by
Blackman Sheryl M and Blackman Sherry M

Purchase Details

Closed on
Oct 6, 2000
Sold by
Gruttadauria Margo and Gruttadauria Frank D
Bought by
Blackman Sherry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.87%

Purchase Details

Closed on
Oct 28, 1993
Bought by
Gruttadauria Margo

Purchase Details

Closed on
Jul 31, 1990
Sold by
Wagley Caroline E
Bought by
Robbins Alan M

Purchase Details

Closed on
Jan 1, 1990
Bought by
Wagley Caroline E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,962,500 None Available
Deed $1,600,000 Barristers Title Agency
Interfamily Deed Transfer -- Attorney
Warranty Deed $24,000 Erie Title Agency Inc
Deed -- --
Deed $1,105,000 --
Deed $406,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $763,000 New Conventional
Closed $850,000 New Conventional
Previous Owner $600,000 Credit Line Revolving
Previous Owner $914,790 Adjustable Rate Mortgage/ARM
Previous Owner $450,600 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $600,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,468,500 Unknown
Previous Owner $800,000 Credit Line Revolving
Previous Owner $900,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $1,862,500 0.0% $211 / Sq Ft
09/20/2017 09/20/17 Pending -- -- --
09/18/2017 09/18/17 Off Market $1,862,500 -- --
09/17/2017 09/17/17 For Sale $1,975,000 +23.4% $224 / Sq Ft
07/31/2012 07/31/12 Sold $1,600,000 -19.5% $181 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $1,987,500 -- $225 / 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 $51,276 $795,235 $153,860 $641,375
2023 $49,239 $671,450 $87,750 $583,700
2022 $48,911 $671,440 $87,745 $583,695
2021 $48,404 $671,440 $87,750 $583,700
2020 $51,148 $651,880 $85,190 $566,690
2019 $49,433 $1,862,500 $243,400 $1,619,100
2018 $49,157 $651,880 $85,190 $566,690
2017 $39,993 $494,590 $78,860 $415,730
2016 $39,656 $494,590 $78,860 $415,730
2015 $35,062 $494,590 $78,860 $415,730
2014 $35,062 $471,030 $75,110 $395,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 3942505

MLS Now (Howard Hanna)

APN: 842-14-013