NOT LISTED FOR SALE

7173 Timber Ln Olmsted Falls, OH 44138

Estimated Value: $402,000 - $501,000

4 Beds
3 Baths
4,463 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 31, 2021

Last sale price $366,000 $82 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,202/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Deck
  • Porch
  • Falls-Lenox Primary Elementary School Rated A-
  • 1 Fireplace
  • 3 Car Attached Garage

About This Home

As of July 2021

WOW! Amazing inside and out! Spacious Tudor styled colonial beauty. Gracious entry with curved staircase to second floor. A step down office has access to a first floor full bath (for additional function). Eat-in kitchen with maple cabs and corian tops. Newer stainless appliances. Hardwood flooring runs through the living/dining room combo. Kitchen opens to a large family room featuring a wood-burning fireplace. The second floor boasts a total of 4 large bedrooms, full main bath, and owners suite with extraordinary private full bath and his/hers walk-in closets. The recently finished (2020) basement includes a separate work-out room. Fabulous and fully fenced back-yard offers a large deck, pond (w/gold fish) and play area. The three car garage tops off this amazing home. No HOA fees.

Last Agent to Sell the Property

Irene Iammarino

Howard Hanna License #2004005589 Listed on: 05/24/2021

Howard Hanna

Last Buyer's Agent

Peter Kadras

Realty Professionals, Inc. License #413728

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 0.41 Acre Lot
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Greenbrooke Community

Listing and Financial Details

  • Assessor Parcel Number 262-15-024

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 105.69
  • Estimated Price per Sq Ft: 105.69
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3463
  • Year Built: 1987
  • Court Ordered Y N: No
  • Geocode Confidence: Low
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3463.00
  • Sq Ft Approx Below Grade Finished: 1000.00
  • Sq Ft Approx Total Finished: 4463.00

Exterior Features

  • Exterior: Brick, Stucco
  • Exterior Features: Deck, Porch
  • Fences: Full, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Greenbrooke

Schools

  • School District: Olmsted Falls CSD
  • School District: Olmsted Falls CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.4132
  • Parcel Number: 262-15-024

Tax Info

  • Tax: 10015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 29, 2021
Sold by
Llapa Gladis A and Llapa Troy Paul
Bought by
Karosy Kenneth B and Karosy Christina D
Seller's Agent
Irene Iammarino
Howard Hanna
Buyer's Agent
Peter Kadras
Realty Professionals, Inc.
List Price
$325,000
Sold Price
$366,000
Premium/Discount to List
$41,000
12.62%
Current Estimated Value
$455,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,098
Avg. Annual Appreciation
5.03%
Original Mortgage
$379,176
Outstanding Balance
$347,159
Interest Rate
2.93%
Mortgage Type
VA
Estimated Equity
$101,688

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 22, 2014
Sold by
Biello Renato P and Biello Wendy
Bought by
Llapa Gladis A
Seller's Agent
Irene Iammarino
Howard Hanna
Buyer's Agent
Irene Iammarino
Howard Hanna
List Price
$268,600
Sold Price
$248,000
Premium/Discount to List
-$20,600
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$223,200
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2009
Sold by
Robinson James
Bought by
Biello Renato P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Robinson James
Bought by
Robinson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 1995
Sold by
Wood Michael S
Bought by
Robinson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
9.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1987
Bought by
Wood Michael S and B A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Karosy Kenneth B $366,000 Ohio Real Title
Llapa Gladis A $248,000 Ohio Real Title
Biello Renato P $247,000 Maximum Title
Robinson James -- --
Robinson James $254,000 --
Wood Michael S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karosy Kenneth B $379,176
Previous Owner Llapa Gladis A $223,200
Previous Owner Biello Renato P $170,000
Previous Owner Robinson James $40,000
Previous Owner Robinson James $203,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2021 07/31/21 Sold $366,000 +12.6% $82 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $325,000 +31.0% $73 / Sq Ft
04/24/2014 04/24/14 Sold $248,000 -7.7% $72 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $268,600 -- $78 / 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 $9,472 $128,100 $24,955 $103,145
2023 $10,104 $112,070 $21,700 $90,370
2022 $10,037 $112,070 $21,700 $90,370
2021 $10,134 $112,070 $21,700 $90,370
2020 $10,015 $98,320 $19,040 $79,280
2019 $9,084 $280,900 $54,400 $226,500
2018 $8,536 $98,320 $19,040 $79,280
2017 $8,370 $87,300 $17,330 $69,970
2016 $8,334 $87,300 $17,330 $69,970
2015 $8,067 $87,300 $17,330 $69,970
2014 $8,067 $84,740 $16,840 $67,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4281040

MLS Now

APN: 262-15-024