Seller's Agent in 2022
Terry Young
Keller Williams Greater Metropolitan
(216) 378-9618
27 in this area
1,614 Total Sales
7490 Faraway Trail Chagrin Falls, OH 44023
Estimated Value: $1,572,652 - $1,985,000
6
Beds
7
Baths
8,180
Sq Ft
$216/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Colonial Architecture
- Enclosed Patio or Porch
- Timmons Elementary School Rated A
- 3 Fireplaces
- 3 Car Attached Garage
About This Home
As of March 2022One of the finest homes ever on offer in the community of Canyon Lakes, this home is the epitome of bespoke design and exquisite detail. Recently finished in 2020, the architecture of the home is evocative of early 20th century elegance, yet perfectly suited to the needs and demands of modern living. Once inside, the incredible craftsmanship is immediately evident, from the rich millwork to the tasting room complete with a wine refrigerator and cigar humidor. The gourmet kitchen is open to the living and dining room, with wood burning fireplaces nestled in each. The kitchen boasts a sixty inch Hallman range, custom quartzite counters and an oversized eat-in island with contrasting cabinetry. Directly off the kitchen, the living room opens to a screened-in porch with an additional third fireplace. With a custom walk-in closet, a spacious bedroom, a laundry room, and a luxurious en-suite bath, the owner's suite provides spa-like comfort with picture-perfect finishes. Two powder rooms, a home office, and a mudroom complete the main level. Upstairs, one finds four spacious bedrooms, three exquisitely designed bathrooms, and an additional second laundry room all anchored by a large central loft-like space perfect for a playroom or studying. All bedrooms enjoy walk-in closets, and all bathrooms have refined finishes, such as a clawfoot tub and custom vanity. The full lower level includes a media room, a home gym, two additional living suites, and another full bathroom.
Last Agent to Sell the Property
Keller Williams Greater Metropolitan License #237938 Listed on: 02/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,457
Year Built
- Built in 2019
Lot Details
- 0.71
HOA Fees
- $38 Monthly HOA Fees
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2-Story Property
- 3 Fireplaces
- Views of Woods
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms | 1 Main Level Bedroom
Parking
- 3 Car Attached Garage
- Garage Door Opener
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Enclosed Patio or Porch
- 0.71 Acre Lot
Community Details
- Association fees include recreation
- Canyon Lake Colony Sub Community
Listing and Financial Details
- Assessor Parcel Number 02-420872
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2022
Closed on
Mar 9, 2022
Sold by
Thompson Bradley C and Thompson Ashlee J
Bought by
Jared S Florian Trust
Seller's Agent
Terry Young
Keller Williams Greater Metropolitan
Buyer's Agent
Cici Riley
Howard Hanna
List Price
$1,595,000
Sold Price
$1,680,000
Premium/Discount to List
$85,000
5.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,884
Avg. Annual Appreciation
1.31%
Purchase Details
Closed on
Nov 8, 2018
Sold by
Thompson Bradley C and Thompson Ashlee J
Bought by
Thompson Bradley C and Thompson Ashlee J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.7%
Mortgage Type
Construction
Purchase Details
Listed on
Feb 8, 2018
Closed on
Jul 2, 2018
Sold by
Rozman Raymond W and Rozman Alice D
Bought by
Thompson Bradley C
Seller's Agent
Susan Metallo
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Susan Metallo
Berkshire Hathaway HomeServices Professional Realty
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.79%
Original Mortgage
$136,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 24, 2016
Sold by
Hedrick Hal C and Hedrick Joyce L
Bought by
Rozman Raymond W and Rozman Alice D
Purchase Details
Closed on
May 25, 2016
Sold by
Rhm Homes Corp
Bought by
Hedrick Hal C and Hedrick Joyce L
Purchase Details
Closed on
Mar 10, 2005
Sold by
Canyon Lakes Colony Co
Bought by
Rhm Homes Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jared S Florian Trust | $1,680,000 | None Listed On Document | |
| Thompson Bradley C | -- | None Available | |
| Thompson Bradley C | $170,000 | None Available | |
| Rozman Raymond W | $172,000 | Lawyers Title Of Chardon | |
| Hedrick Hal C | $168,000 | Lawyers Title Of Chardon | |
| Rhm Homes Corp | $150,000 | Lawyers Title Ins Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Thompson Bradley C | $960,000 | |
| Previous Owner | Thompson Bradley C | $136,000 | |
| Previous Owner | Rhm Homes Corp | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2022 03/15/22 | Sold | $1,680,000 | +5.3% | $205 / Sq Ft | |
| 02/22/2022 02/22/22 | Pending | -- | -- | -- | |
| 02/16/2022 02/16/22 | For Sale | $1,595,000 | +838.2% | $195 / Sq Ft | |
| 07/06/2018 07/06/18 | Sold | $170,000 | -8.1% | -- | View Prior Sale |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- | |
| 02/08/2018 02/08/18 | For Sale | $185,000 | -- | -- |
Source: MLS Now
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 | $29,304 | $548,460 | $77,530 | $470,930 |
| 2023 | $29,304 | $548,460 | $77,530 | $470,930 |
| 2022 | $21,386 | $349,830 | $56,530 | $293,300 |
| 2021 | $21,457 | $349,830 | $56,530 | $293,300 |
| 2020 | $22,595 | $349,830 | $56,530 | $293,300 |
| 2019 | $4,290 | $56,530 | $56,530 | $0 |
| 2018 | $4,285 | $56,530 | $56,530 | $0 |
| 2017 | $4,290 | $56,530 | $56,530 | $0 |
| 2016 | $3,670 | $46,830 | $46,830 | $0 |
| 2015 | $3,582 | $46,830 | $46,830 | $0 |
| 2014 | $3,308 | $46,830 | $46,830 | $0 |
| 2013 | $3,331 | $46,830 | $46,830 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Young
-
Cici Riley
Buyer's Agent in 2022
Cici Riley
Howard Hanna
(216) 831-9310
3 in this area
83 Total Sales
-
Susan Metallo
Seller's Agent in 2018
Susan Metallo
Berkshire Hathaway HomeServices Professional Realty
(440) 477-3465
31 in this area
155 Total Sales
Map
Source: MLS Now
MLS Number: 4349229
APN: 02-420872
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