NOT LISTED FOR SALE

7410 Faraway Trail Chagrin Falls, OH 44023

Estimated Value: $1,175,718 - $1,337,000

4 Beds
4.5 Baths
4,268 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $875,000 $205 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,332/month

151 Days on Market

Highlights

  • In Ground Pool
  • Views of Trees
  • Wooded Lot
  • Timmons Elementary School Rated A
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of September 2020

This is a spectacular home sited on a gorgeous cul de sac lot in Canyon Lakes! The quality and attention to detail in this home is superlative including Brazilian tiger wood floors, custom millwork, and wainscoting. The dramatic 2 story entry opens onto the formal living room which features a gracious fireplace. Open to the living room is the gorgeous dining room which features a fabulous built-in buffet and display cabinet! The custom gourmet kitchen is a dream with a center island, high end appliances, granite counter tops, and more! Open to the kitchen is the family room which features a stone fireplace and overlooks the magnificent patio area and pool! Additional highlights of the first floor include a private library with built-ins, mud room area, and laundry room! The expansive second floor has the most gorgeous master suite which features a private sitting room, two walk-in closets, and a spectacular white marble bathroom! In addition, there are 3 bedrooms, 2 full bathrooms, and an incredible bonus room! The finished lower level is truly amazing featuring a theatre, expansive bar area with wine refrigerator, extra finished room, and a full bath! Summers will be enjoyed on the wrap around porch overlooking the incredible pool, outdoor fireplace, outdoor kitchen, tranquil waterfall, and gorgeous landscaping. There is also an outdoor shower and a pool bathroom! Additional amenities include a whole house generator, plantation shutters, Pella windows, and Bose sound system!

Last Agent to Sell the Property

Adam Kaufman

Howard Hanna License #351481 Listed on: 01/30/2020

Howard Hanna

Last Buyer's Agent

Audrey Baka

Russell Real Estate Services License #2008000750

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.83 Acre Lot
  • South Facing Home
  • Property is Fully Fenced
  • Wooded Lot

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Running Water Available in Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,268 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wired For Sound
  • 2 Fireplaces
  • Views of Trees
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-420880

Community Details

Overview

  • Canyon Lakes Association
  • Canyon Lake Colony Sub Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$34 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 2006
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: In Ground
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Reso Association Fee Includes: Other
  • Subdivision Name: Canyon Lake Colony Sub
  • Above Grade Finished Sq Ft: 4268.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Central Vacuum, Wired for Sound
  • Unit Levels: Two
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Full, Finished
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Humidifier, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full, Other
  • Acres: 0.83
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Brick, Other, Vinyl Siding
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Drain, Electricity, Garage, Garage Door Opener, Paved, Water Available

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, Tennis Court(s)
  • Association Fee: 410.0
  • Association Fee Frequency: Annually
  • Association Name: Canyon Lakes
  • Association: Yes

Schools

  • Junior High Dist: Kenston LSD - 2804

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-420880
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22913.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Aug 27, 2020
Sold by
Mancuso Teresa L and The Teresa L Mancuso Living Tr
Bought by
Theresa Mancuso Living Trust and The Dominic J Mancuso Jr Living Trust
Seller's Agent
Adam Kaufman
Howard Hanna
Buyer's Agent
Audrey Baka
Russell Real Estate Services
List Price
$949,000
Sold Price
$875,000
Premium/Discount to List
-$74,000
-7.8%
Current Estimated Value
$1,224,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,991
Avg. Annual Appreciation
7.58%
Original Mortgage
$245,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2014
Closed on
Jul 29, 2014
Sold by
Penton Steven R and Penton Shay C
Bought by
Halford Thomas E
Seller's Agent
Laurel Worley Heater
Howard Hanna
Buyer's Agent
Laurel Worley Heater
Howard Hanna
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.08%
Original Mortgage
$50,000
Interest Rate
4.11%
Mortgage Type
Credit Line Revolving
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
Theresa Mancuso Living Trust $218,750 Chicago Title Co
Halford Thomas E $995,000 Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Theresa Mancuso Living Trust $245,000
Previous Owner Halford Thomas E $50,000
Previous Owner Halford Thomas E $745,000
Previous Owner Penton Steven R $327,050
Previous Owner Penton Steven R $340,000
Previous Owner Paglia Homes Inc $300,000
Previous Owner Penton Steven R $299,000
Previous Owner Paglia Homes Inc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $875,000 -2.7% $205 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/27/2020 06/27/20 Price Changed $899,000 -5.3% $211 / Sq Ft
01/30/2020 01/30/20 For Sale $949,000 -9.6% $222 / Sq Ft
10/28/2015 10/28/15 Sold $1,050,000 0.0% $246 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $1,050,000 +5.5% $246 / Sq Ft
07/30/2014 07/30/14 Sold $995,000 0.0% $157 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $995,000 -- $157 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $19,097 $357,290 $80,190 $277,100
2023 $19,097 $357,290 $80,190 $277,100
2022 $18,728 $306,250 $58,450 $247,800
2021 $18,790 $306,250 $58,450 $247,800
2020 $19,302 $306,250 $58,450 $247,800
2019 $22,913 $330,160 $58,450 $271,710
2018 $22,902 $330,160 $58,450 $271,710
2017 $22,913 $330,160 $58,450 $271,710
2016 $18,203 $256,270 $48,440 $207,830
2015 $16,177 $255,680 $47,850 $207,830
2014 $16,177 $255,680 $47,850 $207,830
2013 $16,298 $255,680 $47,850 $207,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4164391

MLS Now (Howard Hanna)

APN: 02-420880