NOT LISTED FOR SALE

7224 Formby Dr Solon, OH 44139

Estimated Value: $655,314 - $741,000

3 Beds
4 Baths
3,183 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $437,000 $137 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,641/month

22 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Orchard Middle School Rated A+
  • 2 Car Attached Garage

About This Home

As of March 2020

This is the ONLY TRULY CUSTOM BUILT home in the Avalon community of Signature II. It was built by a high end private builder!!! It
sits on a nice quiet Cul-De-Sac drive. Offering the south & west sun on the patio most of the day & evening. It is a perfect offering
for the knowledgeable house hunter looking for QUALITY thru and thru not just on the counter tops!! Every item is totally updated
mechanically and structurally. The HVAC has 4 separate zones. All of the following are HIGH END: SOLID doors & hardware,
insulation, cabinets, flooring smoothly painted ceilings, Sprinkler system, Landscaping. The patio has a full cement pad with
footers that adding another 4 season room is very easy. Nicely finished large garage with epoxy floor, a single and double garage
doors with belt not chain driven motors. Hardwood floors, carpet & ceramic floors throughout. 1st Fl. Master Suite w/French
doors, Lg. walk-in closet, Lg. glamour Bath, Jacuzzi, high quality glass shower, cabinetry plus. Great room has cathedral ceiling,
gas log fireplace w/stone to ceiling, Motorized EcoGreen Solar Shades that can work from smart phone, ceiling fan many high hats,
sliders to private patio. Tuscan kitchen & dining room. First floor laundry room with ceramic tile & nice cabinets. First floor
den/office. Two bedrooms upstairs with Jack & Jill Bath. Full finished lower level with the same quality finishes as upper floors.
NEW ROOF NEW KITCHEN APPLIANCES NEW HVAC with 4 zones.

Last Agent to Sell the Property

Christopher Russell

Plum Tree Realty, LLC License #2011000478 Listed on: 01/20/2020

Plum Tree Realty, LLC

Last Buyer's Agent

Christopher Russell

Plum Tree Realty, LLC License #2011000478 Listed on: 01/20/2020

Plum Tree Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,055

Year Built

  • Built in 2006

Lot Details

  • 0.56 Acre Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,183 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • $1,400 Annual Maintenance Fee
  • Maintenance fee includes Association Insurance, Property Management, Recreation, Reserve Fund, Trash Removal
  • Association fees include property management
  • Sycamore Estates Ph 02A Community

Listing and Financial Details

  • Assessor Parcel Number 956-23-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,055

Year Built

Built in 2006

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Conventional
  • Price Per Square Foot: 137.29
  • Estimated Price per Sq Ft: 137.29
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3183
  • Year Built: 2006
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Wall Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3183.00
  • Sq Ft Approx Total Finished: 3183.00

Exterior Features

  • Exterior: Stone, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: Signature of Solon
  • Maint Fee Amount: 1400.00
  • Maint Fee Freq: Annually
  • Maint Fee Includes: Association Insurance, Property Management, Recreation, Reserve Fund, Trash Removal
  • Maint Provider: Signature of Solon
  • Subdivision Complex: Sycamore Estates Ph 02a

Fee Information

  • HOA Fee Includes: Property Management

Schools

  • School District: Solon CSD
  • School District: Solon CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.5600
  • Parcel Number: 956-23-010

Tax Info

  • Tax: 10055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 19, 2020
Sold by
Herman Kenneth and Kenneth B Herman Trust
Bought by
Raaber Matthew and Chen Rubin
Seller's Agent
Christopher Russell
Plum Tree Realty, LLC
Buyer's Agent
Christopher Russell
Plum Tree Realty, LLC
List Price
$459,000
Sold Price
$437,000
Premium/Discount to List
-$22,000
-4.79%
Current Estimated Value
$709,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,579
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Jan 17, 2006
Sold by
Kingdom At Signature Of Solon Inc
Bought by
Herman Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,700
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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
Raaber Matthew $437,000 Nova Title Agency Inc
Herman Kenneth $338,500 Lander
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herman Kenneth $359,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $437,000 -4.8% $137 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/31/2020 01/31/20 Price Changed $458,990 0.0% $144 / Sq Ft
01/20/2020 01/20/20 For Sale $459,000 -- $144 / 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 $10,304 $188,300 $45,080 $143,220
2023 $9,625 $143,860 $39,380 $104,480
2022 $9,605 $143,850 $39,380 $104,480
2021 $9,496 $143,850 $39,380 $104,480
2020 $10,382 $143,850 $39,380 $104,480
2019 $10,055 $411,000 $112,500 $298,500
2018 $9,003 $143,850 $39,380 $104,480
2017 $7,472 $112,880 $37,140 $75,740
2016 $7,401 $112,880 $37,140 $75,740
2015 $7,674 $112,880 $37,140 $75,740
2014 $7,674 $112,880 $37,140 $75,740
Source: Public Records

Agents Affiliated with this Home

  • Christopher Russell

    Seller's Agent in 2020

    Christopher Russell

    Plum Tree Realty, LLC

    (513) 378-4663

    24 Total Sales

    Christopher Russell
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Map

Source: MLS Now

MLS Number: 4161858

MLS Now

APN: 956-23-010

Ohio Cuyahoga County Solon 44139

7224 Formby Dr, Solon, OH

This home is located at 7224 Formby Dr, Solon, OH 44139 since 20 January 2020 and is currently estimated at $709,579, approximately $222 per square foot. This property was built in 2006. 7224 Formby Dr is a home located in Cuyahoga County with nearby schools including Orchard Middle School, Solon Middle School, and Solon High School.

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