NOT LISTED FOR SALE

7587 Lewis Rd Olmsted Falls, OH 44138

Estimated Value: $686,000 - $767,526

5 Beds
5 Baths
5,191 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $460,000 $89 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,387/month

43 Days on Market

Highlights

  • View of Trees or Woods
  • 2.55 Acre Lot
  • Deck
  • Falls-Lenox Primary Elementary School Rated A-
  • Colonial Architecture
  • Wooded Lot

About This Home

As of December 2019

This luxurious home sits on a wooded 2.55 acre lot. Maintaining its traditional charm, this house highlights wooden details, stone fireplaces, and vaulted ceilings. The kitchen has plenty of counter space, stainless steel appliances, recessed lighting, and beautiful wooden cabinetry. A dining/living area off of the kitchen boasts a skylight and a sprawling stone fireplace. The cabin-esque four season sunroom is a great place to relax with beautiful scenery all year round. For warmer months, there is a large deck leading out into the wooded backyard, making this home ideal for nature-lovers or those looking for a little more privacy. Additionally, there is a large 7 car garage which could also be used for commercial purposes. Inside and out, this home is truly breathtaking. Come and see for yourself!

Last Listed By

Pete Formica

Keller Williams Elevate License #449782 Listed on: 09/26/2019

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 2.55 Acre Lot
  • Lot Dimensions are 212x529
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 5,191 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Views of Woods

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 7 Car Detached Garage
  • Heated Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

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

Community Details

  • Olmsted 05 Community

Listing and Financial Details

  • Assessor Parcel Number 261-18-004

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 88.61
  • Estimated Price per Sq Ft: 88.61
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 3.00
  • Total Sq Ft: 5191
  • Year Built: 1944
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1944

Interior Features

  • Fireplaces: 4
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Room Count: 19
  • Sq Ft Approx Above Grade Finished: 5191.00
  • Sq Ft Approx Total Finished: 5191.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Drain, Electric, Heated, Water Available
  • Garage Num Of Cars: 7

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Olmsted 05

Schools

  • School District: Olmsted Falls CSD
  • School District: Olmsted Falls CSD

Lot Info

  • Lot Dimensions: 212x529
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 2.5500
  • Parcel Number: 261-18-004

Tax Info

  • Tax: 12212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Gibson Andrew R and Gibson Jessica
Bought by
Gibson Andrew R and Gibson Jessica
Total Days on Market
43
Current Estimated Value
$726,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,300
Outstanding Balance
$410,980
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$315,402

Purchase Details

Listed on
Sep 26, 2019
Closed on
Dec 18, 2019
Sold by
Cruz George L and Cruz Heather
Bought by
Gibson Andrew R and Gibson Jessica
Seller's Agent
Pete Formica
Keller Williams Elevate
Buyer's Agent
Jill Mader
Mader Realty, LLC.
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$437,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2016
Closed on
Oct 23, 2017
Sold by
Divorced Judith Armstrong
Bought by
Cruz George L and Cruz Heathe
Seller's Agent
Mary Vedda
Keller Williams Living
Buyer's Agent
Pete Formica
Keller Williams Elevate
List Price
$419,900
Sold Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$335,920
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1998
Sold by
Sheeff William and Armstrong Judith
Bought by
Armstrong Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.19%

Purchase Details

Closed on
Apr 6, 1998
Sold by
Beard Michael W and Poole Victoria L
Bought by
Sheeff William and Armstrong Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.19%

Purchase Details

Closed on
Apr 3, 1992
Sold by
Jones Robert E
Bought by
Beard Michael W

Purchase Details

Closed on
Jan 1, 1991
Bought by
Jones Robert E

Range of Values:

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Average Value
Not Available
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
Gibson Andrew R -- Vantage Point Title
Gibson Andrew R $460,000 Newman Title
Cruz George L $419,800 Guardian Title & Guarant
Armstrong Judith -- --
Sheeff William $205,000 Quality Title Agency Inc
Beard Michael W $173,900 --
Jones Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Andrew R $436,300
Previous Owner Gibson Andrew R $437,000
Previous Owner Cruz George L $335,920
Previous Owner Scheeff William J $150,000
Previous Owner Scheeff William J $159,000
Previous Owner Sheeff William $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $460,000 -3.2% $89 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $475,000 0.0% $92 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $475,000 +13.1% $92 / Sq Ft
10/24/2017 10/24/17 Sold $419,900 0.0% $81 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $419,900 0.0% $81 / Sq Ft
09/17/2017 09/17/17 Off Market $419,900 -- --
08/29/2017 08/29/17 For Sale $419,900 0.0% $81 / Sq Ft
08/21/2017 08/21/17 Off Market $419,900 -- --
07/10/2017 07/10/17 Pending -- -- --
07/03/2017 07/03/17 Price Changed $419,900 -6.7% $81 / Sq Ft
01/12/2017 01/12/17 Price Changed $449,900 0.0% $87 / Sq Ft
01/12/2017 01/12/17 For Sale $449,900 -5.3% $87 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $475,000 -5.0% $91 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $499,900 -- $96 / 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 $16,093 $226,870 $23,695 $203,175
2023 $15,124 $174,900 $23,590 $151,310
2022 $15,253 $174,900 $23,590 $151,310
2021 $15,116 $174,900 $23,590 $151,310
2020 $14,200 $146,970 $19,810 $127,160
2019 $12,914 $419,900 $56,600 $363,300
2018 $9,719 $146,970 $19,810 $127,160
2017 $7,222 $87,540 $18,310 $69,230
2016 $7,189 $87,540 $18,310 $69,230
2015 $7,320 $87,540 $18,310 $69,230
2014 $7,320 $87,540 $18,310 $69,230
Source: Public Records

Agents Affiliated with this Home

  • Pete Formica

    Seller's Agent in 2019

    Pete Formica

    Keller Williams Elevate

    (440) 521-1447

    20 in this area

    246 Total Sales

    Pete Formica
    Section Image
  • Jill Mader

    Buyer's Agent in 2019

    Jill Mader

    Mader Realty, LLC.

    (216) 905-5902

    37 in this area

    118 Total Sales

    Jill Mader
    Section Image
  • Mary Vedda

    Seller's Agent in 2017

    Mary Vedda

    Keller Williams Living

    (440) 336-2796

    12 in this area

    79 Total Sales

    Mary Vedda
    Section Image
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Map

Source: MLS Now

MLS Number: 4137439

MLS Now

APN: 261-18-004

Ohio Cuyahoga County Olmsted Falls 44017

7587 Lewis Rd, Olmsted Falls, OH

Homes for Sale in Olmsted Falls, OH

This home is located at 7587 Lewis Rd, Olmsted Falls, OH 44138 since 26 September 2019 and is currently estimated at $726,382, approximately $139 per square foot. This property was built in 1944. 7587 Lewis Rd is a home located in Cuyahoga County with nearby schools including Falls-Lenox Primary Elementary School, Olmsted Falls Intermediate Building, and Olmsted Falls Middle School.

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.

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