Seller's Agent in 2019
Pete Formica
Keller Williams Elevate
(440) 521-1447
19 in this area
220 Total Sales
7587 Lewis Rd Olmsted Falls, OH 44138
5
Beds
5
Baths
5,200
Sq Ft
2.55
Acres
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 2019One of a kind property in Olmsted Township. Great option to run your business from your home, car buff, RV/boat enthusiast, or a multi-generation household,! Original home rebuilt/added on in 2005 to 5,200 sq ft! 5 bedrooms, 3 full, 2 half baths. 4 fireplaces. Formal living room w/wet bar area, slider out to wrap around deck. 2nd floor master suite includes 2 walk-in closets, massive glamour bath w/limestone flooring, exercise room. Optional first floor master bedroom w/bath. 2nd bedroom on first floor currently being used as den, plus a slider to deck. Large office area w/separate entrance. Finished 3rd floor loft area used as train/game room, more space for playroom, etc. Located on 2.5 PRIVATE acres with 360 degree wooded views. Large 2845 sq. ft. HEATED 7+ car garage (large overhead door can accommodate indoor RV/boat parking), workshop w/half bath, attic storage. Just a few of the MANY special features: Custom floors and woodwork milled on site, 3/4" southern chestnut floors and 3/4" poplar woodwork. Pella Windows. Timberline 40 year roof shingles (2005). Two zoned gas furnaces, (newer gas furnace & on demand gas hot water tank for 2nd floor - 9/14). House exterior features maintenance free stone & cement board siding, pre-dyed 6" thick concrete drive. Plus NO city income taxes to pay in Olmsted Township!
Last Agent to Sell the Property
Keller Williams Living License #436255 Listed on: 04/19/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,226
Year Built
- Built in 1944
Lot Details
- 2.55 Acre Lot
- Lot Dimensions are 212x529
- Southwest Facing Home
- Wooded Lot
Home Design
- Colonial Architecture
- Contemporary Architecture
- Asphalt Roof
- Stone Siding
Interior Spaces
- 5,200 Sq Ft Home
- 3-Story Property
- 4 Fireplaces
- Views of Woods
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Sump Pump
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- 7 Car Detached Garage
- Heated Garage
- Garage Drain
- Garage Door Opener
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Zoned 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
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
Current Estimated Value
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
$658,436
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
15.86%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Vantage Point Title | |
| Warranty Deed | $460,000 | Newman Title | |
| Warranty Deed | $419,800 | Guardian Title & Guarant | |
| Interfamily Deed Transfer | -- | -- | |
| Survivorship Deed | $205,000 | Quality Title Agency Inc | |
| Deed | $173,900 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $436,300 | New Conventional | |
| Previous Owner | $437,000 | New Conventional | |
| Previous Owner | $335,920 | New Conventional | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $159,000 | Unknown | |
| Previous Owner | $85,000 | No Value Available |
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
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
-
Jill Mader
Buyer's Agent in 2019
Jill Mader
Mader Realty, LLC.
(216) 905-5902
34 in this area
111 Total Sales
-
Mary Vedda
Seller's Agent in 2017
Mary Vedda
Keller Williams Living
(440) 336-2796
12 in this area
70 Total Sales
Map
Source: MLS Now
MLS Number: 3799696
APN: 261-18-004
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