NOT LISTED FOR SALE

7840 Old Mill Rd Gates Mills, OH 44040

Estimated Value: $531,000 - $622,000

9.5 Acres
$59,147 Price per Acre
413,820 Sq Ft Lot

Sale Details

Date Sold: April 19, 2021

Last sale price $395,000 $176 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,732 / mo

22 Days on Market

Highlights

  • View of Trees or Woods
  • 9.5 Acre Lot
  • Wooded Lot
  • Mayfield High School Rated A
  • Hilly Lot

About This Lot

As of April 2021

Beautiful, secluded residential home site in the heart of Gates Mills Village. Build your dream home. Live among the birds, and wildlife, only steps away from the Gates Mills Public Library, Polo Field, restaurant, the new playground, tennis & pickleball courts, walking trail through the Arboretum. Mature woods & ravine views on this 9.50 acre parcel. This is a rare opportunity to own this much land so close to all amenities. A short distance to freeway, medical care and retail. Extensive, curved driveway. There is a house on the site. DO NOT ENTER! City water, septic. Come home to Gates Mills.

Last Agent to Sell the Property

Jann Holzman

Howard Hanna License #315433 Listed on: 03/01/2021

Howard Hanna

Last Buyer's Agent

Jean Gaudiani

Berkshire Hathaway HomeServices Professional Realty License #2005016999

Berkshire Hathaway HomeServices Professional Realty

Property Details

Property Type

  • Land

Lot Details

  • 9.5 Acre Lot
  • Lot Dimensions are 53x1259
  • Unpaved Streets
  • Hilly Lot
  • Wooded Lot

Additional Features

  • Views of Woods
  • Septic Tank

Community Details

  • Mayfield #3 Community

Listing and Financial Details

  • Assessor Parcel Number 843-37-011

Property Details

Property Type

Land

Lot Details

9.5 Acres

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Access: County Road
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Wooded

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Water/Sewer: Public Water, Septic

Condo/Co-op/Association

  • Subdivision Complex: Mayfield #3

Schools

  • School District: Mayfield Csd

Lot Info

  • Lot Dimensions: 53x1259
  • Irregular Lot Yn: Yes
  • Lot Description: Hillside, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 9.5000
  • Topography: Ravined, Rolling, Wooded
  • Parcel Number: 843-37-011

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 10635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 19, 2021
Sold by
Statesir Richard A and Vartorella Georganne
Bought by
Korkow Cory B and Gengler Matthew
Seller's Agent
Jann Holzman
Howard Hanna
Buyer's Agent
Jean Gaudiani
Berkshire Hathaway HomeServices Professional Realty
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$561,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,894
Avg. Annual Appreciation
7.30%
Original Mortgage
$316,000
Outstanding Balance
$282,199
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$279,695

Purchase Details

Listed on
Jan 13, 2012
Closed on
Feb 8, 2013
Sold by
Keybank National Association
Bought by
Stateur Richard A and Vartorella Georganne
Seller's Agent
Jann Holzman
Howard Hanna
Buyer's Agent
Georgia Murray
Deleted Agent
List Price
$499,000
Sold Price
$295,000
Premium/Discount to List
-$204,000
-40.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Oct 27, 2005
Sold by
Estate Of Thomas E Lynch
Bought by
Lynch Mary

Purchase Details

Closed on
Jan 1, 1975
Bought by
Lynch Thomas E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korkow Cory B $395,000 Stewart Title Agency
Stateur Richard A $295,000 Signature Title
Lynch Mary -- --
Lynch Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korkow Cory B $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2021 04/19/21 Sold $395,000 0.0% $176 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $395,000 +33.9% $176 / Sq Ft
02/15/2013 02/15/13 Sold $295,000 -40.9% $132 / Sq Ft View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
01/13/2012 01/13/12 For Sale $499,000 -- $223 / Sq Ft
Source: MLS Now

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
2025 $9,000 $138,250 $90,405 $47,845
2024 $8,996 $138,250 $90,405 $47,845
2023 $10,585 $142,520 $108,150 $34,370
2022 $10,516 $142,520 $108,150 $34,370
2021 $10,411 $142,520 $108,150 $34,370
2020 $11,127 $138,360 $105,000 $33,360
2019 $10,635 $395,300 $300,000 $95,300
2018 $10,220 $138,360 $105,000 $33,360
2017 $10,615 $129,440 $104,760 $24,680
2016 $10,635 $129,440 $104,760 $24,680
2015 $9,319 $129,440 $104,760 $24,680
2014 $9,319 $123,270 $99,750 $23,520
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jann Holzman

    Howard Hanna

    (440) 423-3100

    3 in this area

    6 Total Sales

    Jann Holzman
    Section Image
  • Jean Gaudiani

    Buyer's Agent in 2021

    Jean Gaudiani

    Berkshire Hathaway HomeServices Professional Realty

    (216) 650-1620

    1 in this area

    11 Total Sales

    Jean Gaudiani
    Section Image

  • G

    Buyer's Agent in 2013

    Georgia Murray

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 4259332

MLS Now

APN: 843-37-011

Ohio Cuyahoga County Gates Mills 44040

7840 Old Mill Rd, Gates Mills, OH

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