NOT LISTED FOR SALE

7875 Old Mill Rd Gates Mills, OH 44040

Estimated Value: $1,399,133 - $1,633,000

5 Beds
5 Baths
5,792 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 7875 Old Mill Rd, Gates Mills, OH 44040 and is currently estimated at $1,525,378, approximately $263 per square foot. 7875 Old Mill Rd is a home located in Cuyahoga County with nearby schools including Mayfield High School, Hawken Upper School, and Gilmour Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Lawrence William B
Bought by
Lawrence William B and Lawrence Mary Margaret
Current Estimated Value
$1,525,378

Purchase Details

Closed on
Jun 17, 2021
Sold by
Lawrence Mary Margaret and The Mary Margaret Lawrence 201
Bought by
Lawrence William B

Purchase Details

Closed on
Dec 14, 2012
Sold by
Lawrence William B
Bought by
Lawrence Mary Margaret and The Mary Margaret Lawrence 2012 Trust

Purchase Details

Closed on
Nov 16, 2012
Sold by
Lawrence Mary Margaret
Bought by
Lawrence William B

Purchase Details

Closed on
Jun 30, 1998
Sold by
Shepard Lucy D
Bought by
Lawrence William B and Lawrence Mary Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$159,543
Interest Rate
7.17%
Estimated Equity
$1,292,773

Purchase Details

Closed on
May 20, 1998
Sold by
Estate Of Lucy D Shepard
Bought by
Shepard Horace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$159,543
Interest Rate
7.17%
Estimated Equity
$1,292,773

Purchase Details

Closed on
Jan 1, 1975
Bought by
Shepard Lucy D
Source: Public Records

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.

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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.

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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.

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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.

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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
Lawrence William B -- Stewart Title Agency
Lawrence William B -- Northstar Title Agency
Lawrence Mary Margaret -- Attorney
Lawrence William B -- Attorney
Lawrence William B $765,000 Midland Title Security Inc
Shepard Horace A -- --
Shepard Lucy D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence William B $250,000
Open Lawrence William B $650,000
Source: Public Records

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 $22,335 $346,150 $86,520 $259,630
2023 $22,309 $303,140 $106,890 $196,250
2022 $22,161 $303,135 $106,890 $196,245
2021 $22,308 $303,140 $106,890 $196,250
2020 $23,570 $294,320 $103,780 $190,540
2019 $22,793 $840,900 $296,500 $544,400
2018 $24,032 $294,320 $103,780 $190,540
2017 $26,440 $305,840 $102,660 $203,180
2016 $26,230 $305,840 $102,660 $203,180
2015 $22,948 $305,840 $102,660 $203,180
2014 $22,948 $291,280 $97,760 $193,520
Source: Public Records

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