NOT LISTED FOR SALE

7785 Old Mill Rd Gates Mills, OH 44040

Estimated Value: $984,000 - $1,068,449

4 Beds
3.5 Baths
3,228 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $642,500 $199 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,174/month

183 Days on Market

Highlights

  • Medical Services
  • Spa
  • Deck
  • Mayfield High School Rated A
  • 2.64 Acre Lot
  • 2 Fireplaces

About This Home

As of November 2016

Only 20 minutes to downtown Cleveland, this extraordinary George Brown mini estate is located in the heart of Gates Mills Village. Built in 1905, this home is a prime example of the Craftsman movement, favoring Bungalow styles with detailed craftsmanship in all areas. The field stone walls, inside and out, the conical tower with curved front door and custom tile roof, the lead glass windows, as well as the carved wood interior trim, all represent what the movement was about: local natural materials and visibility of handicraft. Wood floors were made from harvested maple and straight grain old growth Douglas fir trees, right off the property. Round Porthole windows built into the stone, a berth bed built right into a wall, and paneled ceilings in the family room, all nod to Brown's love of nautical details. This 4 Bedroom, 3.5 Bath home sits on 2.5 manicured acres with an in-ground Gunite pool with Marcite finish, an in-ground hot tub, a studio building converted into a professional quality sauna (2008), a combined pool house/working greenhouse, and a 4 car garage with a summer sleeping room with bathroom, above. This special property feels like a vacation home through the summer months, and buttons up into a cozy abode during our Cleveland winters. Designated as a 'Legacy Home', in 2010, by the Gates Mills Historical Society. Ask agent for extensive list of improvements since 2007. Owner/Agent.

Last Agent to Sell the Property

Ann Sords

Deleted Agent License #2003002937 Listed on: 04/15/2016

Last Buyer's Agent

Helen Hertz

Deleted Agent

Deleted Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,862

Year Built

  • Built in 1905

Lot Details

  • 2.64 Acre Lot
  • South Facing Home
  • Partially Fenced Property

Parking

  • 4 Car Detached Garage
  • Running Water Available in Garage

Home Design

  • Bungalow
  • Tile Roof
  • Fiberglass Roof
  • Asphalt Roof
  • Cedar Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Radiator
  • Heating System Uses Gas
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 842-36-017

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,862

Year Built

Built in 1905

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1905
  • Architectural Style: Bungalow, Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Common Basement, Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Range, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass, Tile
  • Fencing: Partial
  • Acres: 2.64
  • Disclosures: Owner Is Listing Agent, Agent has Financial Interest
  • Home Warranty: Yes
  • Construction Type: Cedar, Stone
  • Direction Faces: South
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage, Paved, Water Available

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Radiator(s)
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Medical Service, Pool, Shopping, Tennis Court(s)
  • Association: No

Schools

  • Junior High Dist: Mayfield CSD - 1819

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 842-36-017
  • Lot Dimensions: 00x00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15862.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Nov 13, 2016
Sold by
Sordsr Ann L
Bought by
Vary Caroline E and Lee William C
Seller's Agent
Ann Sords
Deleted Agent
Buyer's Agent
Helen Hertz
Deleted Agent
List Price
$775,000
Sold Price
$642,500
Premium/Discount to List
-$132,500
-17.1%
Total Days on Market
183
Current Estimated Value
$1,022,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,316
Avg. Annual Appreciation
5.70%
Original Mortgage
$418,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2013
Sold by
Hunting Valley Development Llc
Bought by
Sords Ann L

Purchase Details

Closed on
Jun 15, 2007
Sold by
Kraber Sara A
Bought by
Hunting Valley Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
Thorp John
Bought by
Kraber Sara and Thorp Sara

Purchase Details

Closed on
Oct 1, 1984
Sold by
Hurd Dallas T and Hurd Mary T
Bought by
Thorp John and Thorp Sara

Purchase Details

Closed on
Jan 1, 1975
Bought by
Hurd Dallas T and Hurd Mary T
Source: Public Records

Similar Homes in Gates Mills, OH

  • 7055 Hickory Ln, Gates Mills, OH 44040

    $1,250,000

    • 6 Beds
    • 7 Baths
    • 5,696 Sq Ft
    • 7055 Hickory Ln
    • Gates Mills, OH

    This Classic Gates Mills six-bedroom home is set on almost 3 acres at end of quiet, private drive. The home has been beautifully updated and remodeled throughout by the current owners...including a 3000 sq ft addition, designed by architect John Brown. This addition features spacious and bright living & entertainment areas on first floor, and on the second floor a large master suite that includes

    David Malone Howard Hanna

    Section Image
  • 6745 Gates Mills Blvd, Gates Mills, OH 44040

    $1,250,000

    • 4 Beds
    • 3.5 Baths
    • 5,045 Sq Ft
    • 6745 Gates Mills Blvd
    • Gates Mills, OH

    A one year renovation of the entire property resulted in a remarkably artistic, light-filled, mid-century residence. No detail was overlooked in the creative hands of its owner.

    Lynn Simon RE/MAX Haven Realty

    Section Image
  • 7879 Battles Rd, Gates Mills, OH 44040

    $890,000

    • 5 Beds
    • 6 Baths
    • 5,646 Sq Ft
    • 7879 Battles Rd
    • Gates Mills, OH

    Set on a private 2.5-acre lot in Gates Mills, this beautifully updated home offers luxury, space, and flexibility. One of the standout features is the two-story Barn/Outbuilding with three garages. and a bonus loft level. The owners' renovations include a smashing Kitchen, extending the outdoor living area, painted throughout, adding a half bath to the barn and a new septic system (to be

    Amanda Pohlman Keller Williams Living

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vary Caroline E $642,500 None Available
Hunting Valley Development Llc $600,000 Erie Title Agency
Kraber Sara -- None Available
Thorp John $175,000 --
Hurd Dallas T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vary Caroline E $636,000
Closed Vary Caroline E $418,000
Closed Sords Ann L $33,000
Closed Sords Peter R $233,000
Closed Sords Peter R $18,000
Previous Owner Hunting Valley Development Llc $540,000
Previous Owner Thorp John $200,000
Previous Owner Thorp John $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $642,500 -17.1% $199 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $775,000 -- $240 / 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 $17,449 $265,825 $69,720 $196,105
2023 $17,327 $231,640 $84,320 $147,320
2022 $17,214 $231,630 $84,320 $147,320
2021 $17,046 $231,630 $84,320 $147,320
2020 $18,137 $224,880 $81,870 $143,010
2019 $17,415 $642,500 $233,900 $408,600
2018 $17,695 $224,880 $81,870 $143,010
2017 $18,861 $215,150 $81,030 $134,120
2016 $18,397 $215,150 $81,030 $134,120
2015 $16,966 $215,150 $81,030 $134,120
2014 -- $204,900 $77,180 $127,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3782387

MLS Now

APN: 842-36-017