Estimated Value: $705,000 - $847,000
3
Beds
3
Baths
3,622
Sq Ft
$209/Sq Ft
Est. Value
About This Home
This home is located at 7237 Formby Dr, Solon, OH 44139 and is currently estimated at $758,564, approximately $209 per square foot. 7237 Formby Dr is a home located in Cuyahoga County with nearby schools including Orchard Middle School, Solon Middle School, and Solon High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2007
Sold by
Kingdom Home Builders Llc
Bought by
Bowen Robert A and Bowen Geri Ann
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$288,241
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$470,323
Purchase Details
Closed on
Dec 15, 2006
Sold by
Kingdom At Signature Of Solon Inc
Bought by
Kingdom Home Builders Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,907
Interest Rate
6.27%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Bowen Robert A | $460,750 | Erie Title Agency Inc | |
| Kingdom Home Builders Llc | -- | Lender Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bowen Robert A | $460,000 | |
| Closed | Kingdom Home Builders Llc | $25,907 | |
| Closed | Kingdom Home Builders Llc | $448,500 |
Source: Public Records
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 | $11,886 | $212,695 | $47,180 | $165,515 |
| 2023 | $10,876 | $159,220 | $41,300 | $117,920 |
| 2022 | $10,854 | $159,220 | $41,300 | $117,920 |
| 2021 | $10,739 | $159,220 | $41,300 | $117,920 |
| 2020 | $11,740 | $159,220 | $41,300 | $117,920 |
| 2019 | $11,378 | $454,900 | $118,000 | $336,900 |
| 2018 | $10,053 | $159,220 | $41,300 | $117,920 |
| 2017 | $9,987 | $147,110 | $38,960 | $108,150 |
| 2016 | $9,895 | $147,110 | $38,960 | $108,150 |
| 2015 | $10,260 | $147,110 | $38,960 | $108,150 |
| 2014 | $10,260 | $147,110 | $38,960 | $108,150 |
Source: Public Records
Map
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