NOT LISTED FOR SALE

7540 Old Mill Rd Gates Mills, OH 44040

Estimated Value: $590,274 - $1,252,000

5 Beds
5 Baths
4,718 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $355,000 $75 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,271/month

291 Days on Market

Highlights

  • Colonial Architecture
  • 4 Fireplaces
  • 1 Car Detached Garage
  • Mayfield High School Rated A
  • No HOA
  • Enclosed patio or porch

About This Home

As of December 2016

Classic Western Reserve Colonial located in Gates Mills' Historic Village district. Elegant presentation with attention to detail throughout. Highlights include a fabulous enclosed porch with brick floor and wood-burning stove, updated baths and gourmet kitchen, and a lovely park-like back yard with in-ground pool.
Don't miss this terrific opportunity to own a piece of Gates Mills history!

Last Agent to Sell the Property

Melissa Campbell

Deleted Agent License #2013004281 Listed on: 12/11/2015

Last Buyer's Agent

Peter Grealis

Deleted Agent License #2015002592

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1870

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 95x270
  • North Facing Home
  • Wood Fence

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 4 Fireplaces
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Gas
  • Water Softener
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 842-17-024

Home Details

Home Type

Single Family

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1870
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 4
  • Basement: Unfinished
  • Basement: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Main Level Bathrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Wood
  • Acres: 0.59
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener, None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Radiator(s)
  • HeatingYN: Yes
  • Utilities: Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mayfield CSD - 1819

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 842-17-024
  • Lot Dimensions: 95x270
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13334.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2024
Sold by
Asimou Anthony T and Asimou George Stacy
Bought by
Asimou George Family Trust and Asimou
Total Days on Market
291
Current Estimated Value
$803,319

Purchase Details

Listed on
Dec 11, 2015
Closed on
Dec 12, 2016
Sold by
Reynolds Reynolds A and Reynolds Joanne M
Bought by
Asimou Anthony T and George Steacy E
Seller's Agent
Melissa Campbell
Deleted Agent
Buyer's Agent
Peter Grealis
Deleted Agent
List Price
$698,000
Sold Price
$355,000
Premium/Discount to List
-$343,000
-49.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.10%
Original Mortgage
$301,750
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 1, 1975
Bought by
Reynolds Reynolds A and Reynolds Joanne M
Source: Public Records

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Range of Values:

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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
Asimou George Family Trust -- None Listed On Document
Asimou Anthony T $355,000 Erieview Title Agency Llc
Reynolds Reynolds A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asimou George Family Trust $300,000
Previous Owner Asimou Anthony $109,190
Previous Owner Asimou Anthony T $390,000
Previous Owner Asimou Anthony T $301,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2016 12/13/16 Sold $355,000 -49.1% $75 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $698,000 -- $148 / 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 $9,139 $142,205 $26,180 $116,025
2023 $9,707 $132,690 $17,990 $114,700
2022 $9,642 $132,685 $17,990 $114,695
2021 $9,541 $132,690 $17,990 $114,700
2020 $10,084 $128,840 $17,470 $111,370
2019 $9,745 $368,100 $49,900 $318,200
2018 $4,845 $128,840 $17,470 $111,370
2017 $15,215 $188,760 $17,290 $171,470
2016 $16,277 $188,760 $17,290 $171,470
2015 $15,021 $188,760 $17,290 $171,470
2014 $14,524 $179,760 $16,450 $163,310
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Melissa Campbell

    Deleted Agent

    Section Image

  • P

    Buyer's Agent in 2016

    Peter Grealis

    Deleted Agent

See All Agents

Map

Source: MLS Now (Howard Hanna)

MLS Number: 3768568

MLS Now (Howard Hanna)

APN: 842-17-024

Ohio Cuyahoga County Gates Mills 44040

7540 Old Mill Rd, Gates Mills, OH

This home is located at 7540 Old Mill Rd, Gates Mills, OH 44040 since 11 December 2015 and is currently estimated at $803,319, approximately $170 per square foot. This property was built in 1870. 7540 Old Mill Rd is a home located in Cuyahoga County with nearby schools including Mayfield High School, Hawken Upper School, and Gilmour Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now (Howard Hanna) Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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