NOT LISTED FOR SALE

7518 Fairmount Rd Novelty, OH 44072

Estimated Value: $317,000 - $502,000

2 Beds
1.5 Baths
1,184 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $275,000 $232 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,584/month

441 Days on Market

Highlights

  • Water Views
  • Deck
  • Enclosed Patio or Porch
  • West Geauga High School Rated 9+
  • 1 Fireplace
  • 4 Car Attached Garage

About This Home

As of August 2018

Stunning lush 10 acres estate w/pond. Look no further, everything you have ever dreamed of is on this property. Cust Renovated Ranch w/over $100K in updates. The moment you walk into this bright and airy home your eye is drawn to the high quality cust details. Starting w/fab open flr concept & modern updates tailoring to all you're entertaining needs. Open living/diningrm, cust frplc, cust built-ins, cust window treatments & LED lighting. Enjoy cooking in yr dream kitch w/honey brown shaker cab, granite counter, subway glass tile backsplash, S.S sink, bamboo flrs, pro series S.S appls, wolf range, S.S shelving & lrg newer windows overlooking your 10 acre oasis. Walk out onto your sun porch and enjoy a romantic evening listening to the serene sound of nature. Have family & friends gather on yr deck on those warm summer nights overlooking yr pond and lush country setting. Yet you are close enough to major highways, great shopping,eateries & highly rates schools. Updates include, Cust updated bath, w/Cust glass incased shower, dble vanity, ceramic tiles, low flow toilet & towel warmer. Power room w/designer vanity. This home boasts, star energy, nest tec heating sys, wind, doors, roof, blown in installation, water softer, reverse osmosis, seamless gutters, resealed driveway, elect updated. OR build your own dream home.

Last Agent to Sell the Property

Katherina Michalopoulos

Century 21 Premiere Properties, Inc. License #2010002304 Listed on: 05/01/2017

Century 21 Premiere Properties, Inc.

Last Buyer's Agent

Darrell Imbrosciano

Deleted Agent License #2013003126

Deleted Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,563

Year Built

  • Built in 1950

Lot Details

  • 10 Acre Lot

Parking

  • 4 Car Attached Garage

Property Views

  • Water
  • Woods

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26-097100

Community Details

Recreation

  • Park

Additional Features

  • Russell Sec 02 Community
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,563

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1950
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Freezer, Garbage Disposal, Humidifier, Microwave, Wall Oven, Refrigerator, Security System, Sump Pump, Washer, Water Softener
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Full, Unfinished

Exterior Features

  • View: Water View, Wooded
  • Exterior: Brick
  • Exterior Features: Deck, Enclosed Patio/Porch, Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 4

Utilities

  • Heating Fuel: Gas
  • Heating Type: Fireplace-Wood, Forced Air
  • Water/Sewer: Well, Private Water, Private Sewer, Septic

Association/Amenities

  • Amenities: Park, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Russell Sec 02

Schools

  • School District: West Geauga LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 10.0000
  • Parcel Number: 26-097100

Tax Info

  • Tax: 5563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Aug 14, 2018
Sold by
Wilber Roger G
Bought by
Neer Edward and Neer Gina
Seller's Agent
Katherina Michalopoulos
Century 21 Premiere Properties, Inc.
Buyer's Agent
Darrell Imbrosciano
Deleted Agent
List Price
$320,000
Sold Price
$275,000
Premium/Discount to List
-$45,000
-14.06%
Current Estimated Value
$409,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,891
Avg. Annual Appreciation
5.73%
Original Mortgage
$220,000
Outstanding Balance
$191,061
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$218,830

Purchase Details

Closed on
Dec 27, 2002
Sold by
Lake Betty B
Bought by
Wilber Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.75%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Lake Betty B
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
Neer Edward $275,000 Signature Title
Wilber Roger W $275,000 --
Lake Betty B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neer Edward $220,000
Previous Owner Wilber Roger W $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $275,000 -4.8% $232 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $289,000 -3.3% $244 / Sq Ft
05/30/2018 05/30/18 Price Changed $299,000 -6.6% $253 / Sq Ft
04/16/2018 04/16/18 For Sale $320,000 +16.4% $270 / Sq Ft
02/17/2018 02/17/18 Off Market $275,000 -- --
08/30/2017 08/30/17 Price Changed $320,000 -2.7% $270 / Sq Ft
07/10/2017 07/10/17 Price Changed $329,000 -2.9% $278 / Sq Ft
06/07/2017 06/07/17 Price Changed $339,000 -5.6% $286 / Sq Ft
05/01/2017 05/01/17 For Sale $359,000 0.0% $303 / Sq Ft
07/01/2016 07/01/16 Rented $2,100 0.0% --
06/24/2016 06/24/16 Under Contract -- -- --
06/06/2016 06/06/16 For Rent $2,100 -- --
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 $5,139 $115,150 $54,670 $60,480
2023 $5,139 $115,150 $54,670 $60,480
2022 $4,586 $85,860 $45,570 $40,290
2021 $4,572 $85,860 $45,570 $40,290
2020 $4,798 $85,860 $45,570 $40,290
2019 $4,834 $79,700 $45,570 $34,130
2018 $4,827 $79,700 $45,570 $34,130
2017 $4,834 $79,700 $45,570 $34,130
2016 $5,563 $87,610 $58,630 $28,980
2015 $5,136 $87,610 $58,630 $28,980
2014 $5,136 $87,610 $58,630 $28,980
2013 $5,169 $87,610 $58,630 $28,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3890398

MLS Now

APN: 26-097100