
7470 Water Fall Trail Chagrin Falls, OH 44022
Highlights
- Spa
- River Front
- Colonial Architecture
- Gurney Elementary School Rated A
- 2.55 Acre Lot
- 3 Fireplaces
About This Home
As of February 2025Welcome to your dream home located in the award winning Chagrin Falls School District! Nestled on the cul-de-sac of one of the most beautiful neighborhoods in Chagrin Falls, this delightful 5 bedroom, 5.5 bath exudes warmth and tranquility, while offering the perfect space for entertaining and family life. Step inside to discover the stunning Great Room, with inviting fireplace and very cool, old school bar area. The heart of the home is the chef’s kitchen complete with Wolf cooktop and pot filler, double oven, two dishwashers, warming drawer, convenient refrigerator and freezer drawers. Gathering room with cozy fireplace is a pure joy and leads to extensive outside patio and hot tub. Huge formal dining room is adjacent to kitchen and large cozy family room is just down the hall. Master bedroom wing is truly a retreat with vaulted ceiling, fireplace, huge walk in closet and gorgeous renovated master bath with large shower, double vanities and soaker tub. An added bonus is the adjacent bedroom/office with its own full bath. Beautiful hardwood floors throughout! Upstairs boasts an ensuite bedroom, two additional bedrooms with a Jack-n-Jill bath and a spacious loft area for additional living/play space. First floor laundry, mudroom and half bath lead to oversized 3 car garage with basement access. But wait there’s more! Finished lower level offers more space with two large rec room spaces, full bath, extra bonus room and a kitchen area. Tons of storage! Nature abounds on this enchanting property perched above the Chagrin River with the trailhead of Modroo Preserve at the end of the street. Just minutes to Chagrin Falls Village restaurants, shopping and so much more!
Last Agent to Sell the Property
Elite Sotheby's International Realty Brokerage Email: 216-352-4700 carrie@schmidthq.com License #2011002668

Last Buyer's Agent
Elite Sotheby's International Realty Brokerage Email: 216-352-4700 carrie@schmidthq.com License #2011002668

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,186
Year Built
- Built in 1980
Lot Details
- 2.55 Acre Lot
- River Front
- Electric Fence
HOA Fees
- $14 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Circular Driveway
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- 3 Fireplaces
- Gas Fireplace
- Property Views
- Finished Basement
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- 5.5 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Water Softener
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 931-26-005
Community Details
Overview
- Water Fall Trail Assoc Association
- M J Dev Cos Hemlock Lakes 02 Subdivision
Recreation
- Park
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Purchase Details
Purchase Details
Purchase Details
Map
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $950,000 | None Listed On Document | |
Interfamily Deed Transfer | -- | -- | |
Deed | $345,000 | -- | |
Deed | -- | -- | |
Deed | $390,000 | -- | |
Deed | $80,000 | -- | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $750,000 | New Conventional | |
Previous Owner | $200,000 | Credit Line Revolving | |
Previous Owner | $559,500 | New Conventional | |
Previous Owner | $190,000 | Credit Line Revolving | |
Previous Owner | $414,442 | New Conventional | |
Previous Owner | $439,500 | New Conventional | |
Previous Owner | $190,200 | Credit Line Revolving | |
Previous Owner | $122,400 | Credit Line Revolving | |
Previous Owner | $485,000 | Unknown | |
Previous Owner | $40,000 | Unknown | |
Previous Owner | $496,000 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/06/2025 02/06/25 | Sold | $950,000 | -9.5% | $124 / Sq Ft |
11/10/2024 11/10/24 | Pending | -- | -- | -- |
10/20/2024 10/20/24 | Price Changed | $1,050,000 | -8.6% | $137 / Sq Ft |
09/30/2024 09/30/24 | Price Changed | $1,149,000 | -4.2% | $150 / Sq Ft |
07/22/2024 07/22/24 | Price Changed | $1,199,000 | -4.1% | $157 / Sq Ft |
06/28/2024 06/28/24 | For Sale | $1,250,000 | -- | $163 / Sq Ft |
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 | $22,346 | $361,760 | $63,210 | $298,550 |
2023 | $22,186 | $311,080 | $50,190 | $260,890 |
2022 | $23,468 | $311,080 | $50,190 | $260,890 |
2021 | $23,368 | $311,080 | $50,190 | $260,890 |
2020 | $20,255 | $248,850 | $40,150 | $208,710 |
2019 | $19,952 | $711,000 | $114,700 | $596,300 |
2018 | $19,349 | $248,850 | $40,150 | $208,710 |
2017 | $20,965 | $249,030 | $23,910 | $225,120 |
2016 | $18,825 | $249,030 | $23,910 | $225,120 |
2015 | $19,159 | $249,030 | $23,910 | $225,120 |
2014 | $19,159 | $249,030 | $23,910 | $225,120 |
About the Listing Agent

Have you been wondering, “What is my home worth?” Are you relocating to the Cleveland, Ohio market? Are you looking for your dream home? Or maybe just dreaming. Whether you are a first time buyer, in the midst of a relocation, or seeking luxury homes for sale in beautiful Northeast Ohio, we would love to work with you!
As an award-winning real estate group, (ranked as the #1 agent within Sotheby’s International Realty in Northern Ohio) our focus is on residential real estate in Chagrin
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