NOT LISTED FOR SALE

7670 Old Mill Rd Gates Mills, OH 44040

Estimated Value: $1,044,757 - $1,292,000

3 Beds
4 Baths
3,084 Sq Ft
$368/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $690,000 $224 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,446/month

20 Days on Market

Highlights

  • 4.03 Acre Lot
  • Deck
  • 1 Fireplace
  • Mayfield High School Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of May 2014

Remarkable property located steps from the Village of Gates Mills with scenic views of the Chagrin River and Valley! Outstanding mid century modern architecture designed by renowned architect Marcel Breuer offering walls of windows, a fabulous open floor plan, and every imaginable luxury! Highlights include a fabulous updated kitchen, master suite with his and her baths and private study, and a lower level family room plus 2 guest bedroom suites with private baths! Separate guest house/studio, pool, courtyard and stone patios enhance the beauty of this truly one of a kind home!

Last Agent to Sell the Property

Adam Kaufman

Howard Hanna License #351481 Listed on: 03/20/2014

Howard Hanna

Last Buyer's Agent

Frank Costanzo

RE/MAX Haven Realty License #141746

RE/MAX Haven Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,725

Year Built

  • Built in 1954

Lot Details

  • 4.03 Acre Lot
  • West Facing Home
  • Partially Fenced Property
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Property Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Village/Gates Mills Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 843-36-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,725

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1954
  • Subdivision Name: Village/Gates Mills
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: No
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Humidifier, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Other, Partial, Wood
  • Acres: 4.03
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Stone, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Drain, Electricity, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mayfield CSD - 1819

Lot Info

  • Lot Size Units: Acres
  • Topography: Hill
  • Parcel Number: 843-36-003
  • Lot Size Sq Ft: 175546.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16725.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 12, 2014
Sold by
Hunter G Richard and Hunter Ann M
Bought by
Starkey Tina P and Davis Joshua D
Seller's Agent
Adam Kaufman
Howard Hanna
Buyer's Agent
Frank Costanzo
RE/MAX Haven Realty
List Price
$749,000
Sold Price
$690,000
Premium/Discount to List
-$59,000
-7.88%
Total Days on Market
20
Current Estimated Value
$1,134,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,919
Avg. Annual Appreciation
4.61%
Original Mortgage
$425,000
Outstanding Balance
$309,026
Interest Rate
2.84%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$825,893

Purchase Details

Closed on
Oct 24, 2005
Sold by
Budden Alexander W
Bought by
Hunter G Richard and Hunter Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2000
Sold by
Budden Alexander W
Bought by
Budden Alexander W

Purchase Details

Closed on
Oct 2, 1999
Sold by
Sodja Patricia Ann
Bought by
Budden Alexander W

Purchase Details

Closed on
Dec 3, 1992
Sold by
Sodja Richard John
Bought by
Sodja Patricia Ann

Purchase Details

Closed on
Jul 11, 1990
Sold by
Sodja Patricia Ann
Bought by
Sodja Richard John

Purchase Details

Closed on
Sep 19, 1979
Sold by
Crall James W
Bought by
Sodja Patricia Ann

Purchase Details

Closed on
Jan 1, 1975
Bought by
Crall James W
Source: Public Records

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Range of Values:

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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
Starkey Tina P $690,000 Barristers Title Agency
Hunter G Richard $790,000 Signature Title
Budden Alexander W -- --
Budden Alexander W $645,000 --
Sodja Patricia Ann -- --
Sodja Richard John -- --
Sodja Patricia Ann $235,000 --
Crall James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Joshua D $100,000
Open Starkey Tina P $425,000
Previous Owner Hunter G Richard $200,000
Previous Owner Budden Alexander W $600,000
Previous Owner Budden Alex W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $690,000 -7.9% $224 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $749,000 -- $243 / 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 $17,076 $264,495 $75,670 $188,825
2023 $18,181 $246,720 $106,750 $139,970
2022 $18,060 $246,720 $106,750 $139,970
2021 $17,876 $246,720 $106,750 $139,970
2020 $18,890 $239,540 $103,640 $135,910
2019 $18,259 $684,400 $296,100 $388,300
2018 $18,158 $239,540 $103,640 $135,910
2017 $17,922 $220,500 $102,480 $118,020
2016 $18,959 $220,500 $102,480 $118,020
2015 $16,909 $220,500 $102,480 $118,020
2014 $16,909 $210,010 $97,620 $112,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 3601102

MLS Now (Howard Hanna)

APN: 843-36-003