NOT LISTED FOR SALE

7243 Formby Dr Solon, OH 44139

Estimated Value: $708,000 - $732,000

3 Beds
3 Baths
2,418 Sq Ft
$296/Sq Ft Est. Value

Highlights

  • Central Air
  • West Facing Home
  • 1-Story Property
  • Orchard Middle School Rated A+

About This Home

As of January 2020

This lovely home is located in the Signature of Solon development. The gleaming hardwood floors greet you as you enter the expansive foyer. The gourmet kitchen is complete with stainless appliances and granite counters. The hearth room and adjacent office are perfect quiet spaces. The first floor master with glamour bath is beautiful! The full finished basement is complete with a rec area, third bedroom and full bath.

Last Agent to Rent the Property

Michele Sues

Howard Hanna License #433761 Listed on: 10/28/2019

Howard Hanna

Last Renter's Agent

Jenny Salvaggio

Keller Williams Greater Metropolitan License #2017005051

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 0.38 Acre Lot
  • West Facing Home

Parking

  • 3 Car Garage

Interior Spaces

  • 2,418 Sq Ft Home
  • 1-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Sycamore Estates Ph 1 Sub Community

Listing and Financial Details

  • Assessor Parcel Number 956-23-014

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

Rental Info

  • PetsAllowed: No
  • Dateto Occupy: Negotiable

Listing Details

  • Property Type: Rental
  • Property Subtype: Single Family
  • House Faces: West
  • Price Per Square Foot: 1.02
  • Estimated Price per Sq Ft: 1.02
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 3418
  • Year Built: 2014
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2014

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 2418
  • Sq Ft Approx Above Grade Finished: 3418.00
  • Sq Ft Approx Total Finished: 3418.00

Garage/Parking

  • Garage Num Of Cars: 3

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Sycamore Estates Ph 1 Sub

Schools

  • School District: Solon CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3800
  • Parcel Number: 956-23-014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2015
Sold by
Pulte Homes Of Ohio Llc
Bought by
Fingerhut Gary and Fingerhut Nancy
Current Estimated Value
$716,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Outstanding Balance
$29,954
Interest Rate
3.02%
Mortgage Type
New Conventional
Estimated Equity
$686,674

Purchase Details

Closed on
Feb 4, 2014
Sold by
Kingdom At Signature Of Solon Inc
Bought by
Pulte Homes Of Ohio Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fingerhut Gary $480,242 Resource Title Agency
Pulte Homes Of Ohio Llc $960,000 Ohio Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fingerhut Gary $87,400
Open Fingerhut Gary $349,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Rented $3,500 -2.8% --
12/06/2019 12/06/19 Price Changed $3,600 -10.0% $1 / Sq Ft
10/28/2019 10/28/19 For Rent $4,000 +100.0% --
07/10/2019 07/10/19 Rented $2,000 -47.4% --
04/24/2019 04/24/19 Off Market $3,800 -- --
04/24/2019 04/24/19 Under Contract -- -- --
01/16/2019 01/16/19 For Rent $4,000 -- --
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 $11,581 $207,235 $41,825 $165,410
2023 $11,456 $167,720 $36,470 $131,250
2022 $11,434 $167,720 $36,470 $131,250
2021 $11,312 $167,720 $36,470 $131,250
2020 $12,367 $167,720 $36,470 $131,250
2019 $11,985 $479,200 $104,200 $375,000
2018 $10,758 $167,720 $36,470 $131,250
2017 $10,840 $159,680 $34,410 $125,270
2016 $10,740 $81,630 $34,410 $47,220
2015 $2,400 $81,630 $34,410 $47,220
2014 $2,400 $34,410 $34,410 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4146398

MLS Now

APN: 956-23-014