NOT LISTED FOR SALE

7511 Faraway Trail Chagrin Falls, OH 44023

Estimated Value: $998,000 - $1,102,000

4 Beds
3.5 Baths
3,801 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 14, 2015

Last sale price $625,000 $164 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,804/month

284 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • Wooded Lot
  • Timmons Elementary School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of January 2015

Stunning Custom Build- One Owner home neutral & meticulous in every way- yard is beautiful & private- Dramatic first floor Master, glorious kitchen opens right into sun room. Twos story Foyer & Great room with handsome built-Ins- office you will love to work from everyday- 2 full baths upstairs- crown moldings, tray ceilings. Super pretty home with marvelous yard.

Last Agent to Sell the Property

Marjorie Rule

RE/MAX Haven Realty License #295237 Listed on: 04/04/2014

RE/MAX Haven Realty

Last Buyer's Agent

Laurel Worley Heater

Howard Hanna License #414801

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,998

Year Built

  • Built in 2005

Lot Details

  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-420887

Community Details

Overview

  • Canyon Lake Colony 11A Community

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,998

Year Built

Built in 2005

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 2005
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances Equipment: CO Detector, Cooktop, Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator, Security System, Smoke Detector, Hot Tub
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full

Exterior Features

  • View: Wooded
  • Exterior: Stone, Vinyl
  • Exterior Features: Enclosed Patio/Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Water Available
  • Garage Num Of Cars: 3

Utilities

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

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Canyon Falls
  • Subdivision Complex: Canyon Lake Colony 11a

Schools

  • School District: Kenston LSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Area Sq Ft: 0.8000
  • Lot Size Units: Acres
  • Parcel Number: 02-420887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jan 9, 2015
Sold by
Mallett Marc T and Mallett Jean C
Bought by
Leland John Martin and Leland Anna Elizabeth
Seller's Agent
Marjorie Rule
RE/MAX Haven Realty
Buyer's Agent
Laurel Worley Heater
Howard Hanna
List Price
$739,900
Sold Price
$625,000
Premium/Discount to List
-$114,900
-15.53%
Current Estimated Value
$1,049,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,577
Avg. Annual Appreciation
4.92%
Original Mortgage
$562,500
Outstanding Balance
$197,883
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$851,694

Purchase Details

Closed on
Jun 6, 2005
Sold by
Canyon Lakes Colony Co
Bought by
R&Y Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Leland John Martin $625,000 Revere Title
R&Y Development Llc $153,000 Lawyers Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leland John Martin $562,500
Previous Owner R&Y Development Llc $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2015 01/14/15 Sold $625,000 -15.5% $164 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
04/04/2014 04/04/14 For Sale $739,900 -- $195 / Sq Ft
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 $14,998 $280,710 $79,980 $200,730
2023 $14,998 $280,710 $79,980 $200,730
2022 $12,588 $205,910 $58,310 $147,600
2021 $12,629 $205,910 $58,310 $147,600
2020 $12,974 $205,910 $58,310 $147,600
2019 $14,409 $205,910 $58,310 $147,600
2018 $14,401 $205,910 $58,310 $147,600
2017 $14,409 $205,910 $58,310 $147,600
2016 $15,641 $219,630 $48,300 $171,330
2015 $13,936 $219,630 $48,300 $171,330
2014 $13,936 $219,630 $48,300 $171,330
2013 $14,039 $219,630 $48,300 $171,330
Source: Public Records

Agents Affiliated with this Home

  • Marjorie Rule

    Seller's Agent in 2015

    Marjorie Rule

    RE/MAX

    (216) 978-8753

    6 in this area

    19 Total Sales

    Marjorie Rule
    Section Image
  • Laurel Worley Heater

    Buyer's Agent in 2015

    Laurel Worley Heater

    Howard Hanna

    (440) 829-0602

    37 in this area

    211 Total Sales

    Laurel Worley Heater
    Section Image
  • Kristen Worley Thalman

    Buyer Co-Listing Agent in 2015

    Kristen Worley Thalman

    Howard Hanna

    (440) 829-0602

    18 in this area

    115 Total Sales

    Kristen Worley Thalman
    Section Image
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Map

Source: MLS Now

MLS Number: 3605497

MLS Now

APN: 02-420887

Ohio Geauga County Chagrin Falls 44023

7511 Faraway Trail, Chagrin Falls, OH

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