NOT LISTED FOR SALE

7263 Formby Dr Solon, OH 44139

Estimated Value: $632,000 - $759,000

3 Beds
3.5 Baths
5,340 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $580,000 $109 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,726/month

18 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Corner Lot
  • Orchard Middle School Rated A+
  • Deck
  • Community Pool

About This Home

As of November 2023

This stunning 3/4 bedroom Ranch in the esteemed Signature of Solon II offers an abundance of space and luxury. The open floor plan creates an inviting atmosphere, perfect for entertaining guests. The expansive kitchen, complete with convection ovens, stainless steel appliances, granite countertops, a generous island, and breakfast bar, is a culinary dream. The main areas boast 9' volume ceilings and exquisite hardwood flooring, adding a touch of elegance. The great room, sunroom/family room, and office provide versatile spaces to suit your lifestyle needs. The owners's suite is a true sanctuary, featuring a spacious walk-in closet and glamour bath adorned with double vanities, granite counters, and an oversized shower. The first floor office offers great natural light and the other 2 bedrooms and baths are spacious and modern. A 2019 newer lower level, offers a wealth of opportunities. With a media room, 4th bedroom, and a generously sized 1/2 bathroom that can easily accommodate a shower and tub, this space is a blank canvas awaiting your personal touch. Additionally, a recreation room and second office/craft room provide endless possibilities. The interior has been freshly painted , lending a modern and welcoming ambiance. The landscaping and sprinkler system add to the appeal, ensuring your outdoor spaces are as meticulously cared for as the interior. Signature of Solon offers great amenities such as a gym, pool, tennis courts and a restaurant. Just move in.

Last Agent to Sell the Property

Karine Garfield

Howard Hanna License #441386 Listed on: 09/15/2023

Howard Hanna

Last Buyer's Agent

Jenny Chin

Howard Hanna License #307055

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,516

Year Built

  • Built in 2015

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 91x184
  • Corner Lot

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 956-23-017

Community Details

Overview

  • $300 Annual Maintenance Fee
  • Maintenance fee includes Landscaping, Snow Removal, Trash Removal
  • Sycamore Estates Ph 1 Sub Community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,516

Year Built

Built in 2015

Lot Details

0.41 Acres

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 217.23
  • Estimated Price per Sq Ft: 217.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2670
  • Year Built: 2015
  • Association Bylaws: https://www.signatureofsolonhoa.com
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: karinegarfield@howardhanna.com (216) 695-9677
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2015

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Lower Level Half Bathrooms: 1
  • Room Count: 13
  • Basement Detail: Finished, Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2670.00
  • Sq Ft Approx Below Grade Finished: 2670.00
  • Sq Ft Approx Total Finished: 5340.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Electric, Water Available
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Golf Available, Pool, Tennis Courts

Condo/Co-op/Association

  • HOA Fees: 1600.00
  • HOA Fee Frequency: Annually
  • Hoa Name: CARLYLE MANAGEMENT
  • Maint Fee Amount: 300.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Landscaping, Snow Removal, Trash Removal
  • Maint Provider: CARLYLE MANAGEMENT
  • Subdivision Complex: Sycamore Estates Ph 1 Sub

Schools

  • School District: Solon CSD

Lot Info

  • Lot Dimensions: 91x184
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.4100
  • Parcel Number: 956-23-017
  • LandLeaseYN: No

Tax Info

  • Tax: 10516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
May 30, 2019
Sold by
Vivekanandan Deepa and Anandam Vivekanandan
Bought by
Kankipati Stanka Madhu Kumar and Dachepally Rashmitha
Seller's Agent
Susan Hennenberg
Howard Hanna
Buyer's Agent
Amanda Pohlman
Deleted Agent
List Price
$519,900
Sold Price
$450,000
Premium/Discount to List
-$69,900
-13.44%
Current Estimated Value
$712,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,682
Avg. Annual Appreciation
7.14%
Original Mortgage
$427,500
Outstanding Balance
$279,023
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$433,659

Purchase Details

Closed on
Sep 9, 2015
Sold by
Pulte Homes Of Ohio Llc
Bought by
Vivekanandan Deepa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,692
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
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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
Kankipati Stanka Madhu Kumar $450,000 Nova Title Agency Inc
Vivekanandan Deepa $389,615 Pulte Title Agency
Pulte Homes Of Ohio Llc $960,000 Ohio Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kankipati Stanka Madhu Kumar $427,500
Previous Owner Vivekanandan Deepa $311,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Sold $580,000 -3.2% $109 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $599,000 +33.1% $112 / Sq Ft
07/10/2019 07/10/19 Sold $450,000 -6.1% $84 / Sq Ft View Prior Sale
05/21/2019 05/21/19 Pending -- -- --
04/11/2019 04/11/19 Price Changed $479,000 -4.0% $90 / Sq Ft
03/12/2019 03/12/19 Price Changed $499,000 -4.0% $93 / Sq Ft
02/18/2019 02/18/19 For Sale $519,900 -- $97 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $11,109 $203,000 $44,415 $158,585
2023 $10,538 $157,500 $38,780 $118,720
2022 $10,515 $157,500 $38,780 $118,720
2021 $10,396 $157,500 $38,780 $118,720
2020 $9,925 $137,520 $38,780 $98,740
2019 $9,612 $392,900 $110,800 $282,100
2018 $5,534 $137,520 $38,780 $98,740
2017 $8,575 $129,540 $36,610 $92,930
2016 $8,494 $36,610 $36,610 $0
2015 $2,553 $36,610 $36,610 $0
2014 $2,553 $36,610 $36,610 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4490852

MLS Now (Howard Hanna)

APN: 956-23-017

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