NOT LISTED FOR SALE

7880 Gates Mills Estate Dr Gates Mills, OH 44040

Estimated Value: $615,000 - $730,767

4 Beds
2.5 Baths
2,646 Sq Ft
$245/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $610,000 $231 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,650/month

2 Days on Market

Highlights

  • Horse Property
  • In Ground Pool
  • 2.5 Acre Lot
  • Mayfield High School Rated A
  • Views of Trees
  • Colonial Architecture

About This Home

As of June 2023

This beautiful 4 bedroom colonial has great curb appeal and has been lovingly Updated Throughout! The home sits on a flat, 2.5 acre lot that includes a 20’x40’ in-ground pool, 3 stall horse barn w/ tack room, fire pit, raised garden beds, new drive and more. Inside, on the main level, the home features beautiful double front doors and a grand, spacious entry foyer with a centered-circular staircase, just to the right of the entry is the large formal living room and to the left is the private office/den both with great views of the front yard. Across the back of the house is the formal dining, and the eat-in kitchen that is open to a spacious family room. Across the entire length of the the back of the house is a 720 sqft 3 season room with a lounging area with wood burning stove, a large eating area and a center bar. Upstairs are 4 bedrooms including the spacious Master Suite with wood burning fireplace, walk-in closet and updated en-suite bath. The lower level is a partially finished hang out space. 7880 Gates Mills Estates is a totally move-in ready home & property that has just so much to offer both inside and out!

Last Agent to Sell the Property

David Malone

Howard Hanna License #2015005831 Listed on: 04/28/2023

Howard Hanna

Last Buyer's Agent

David Malone

Howard Hanna License #2015005831 Listed on: 04/28/2023

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,889

Year Built

  • Built in 1960

Lot Details

  • 2.5 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Views of Trees
  • Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Horse Property

Utilities

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

Community Details

  • No Home Owners Association
  • Bond Hill Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 841-19-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,889

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1960
  • Horses: Yes
  • ResoLotFeatures: Cul-De-Sac, Flat, Horse Property, Level, Wooded
  • ResoPoolFeatures: In Ground
  • Reso View: Trees/Woods
  • Subdivision Name: Bond Hill Estates
  • Above Grade Finished Sq Ft: 2646.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Yes
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 2.5
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Wood Siding
  • Direction Faces: North

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mayfield CSD - 1819

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 841-19-015
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8889.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 6, 2023
Sold by
Trem Anthony R and Trem Rachel
Bought by
Chimes Matthew James and Chimes Diana Maria
Seller's Agent
David Malone
Howard Hanna
Buyer's Agent
David Malone
Howard Hanna
List Price
$550,000
Sold Price
$610,000
Premium/Discount to List
$60,000
10.91%
Views
35
Current Estimated Value
$647,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,192
Avg. Annual Appreciation
2.63%
Original Mortgage
$518,500
Outstanding Balance
$505,825
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving
Estimated Equity
$140,560

Purchase Details

Listed on
Jan 30, 2019
Closed on
May 30, 2019
Sold by
Stauss Richard K
Bought by
Trem Anthony R and Trem Rachel
Seller's Agent
Karen Eagle
Elite Sotheby's International Realty
Buyer's Agent
Angelo Marrali
Howard Hanna
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$320,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2000
Sold by
Gruber Thomas J
Bought by
Stauss Richard K

Purchase Details

Closed on
Jan 9, 1992
Sold by
Fox Aaron S
Bought by
Gruber Thomas J

Purchase Details

Closed on
Jan 1, 1983
Bought by
Fox Aaron S
Source: Public Records

Range of Values:

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Average Value
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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
Chimes Matthew James $610,000 Nova Title
Trem Anthony R $345,000 Enterprise Title Agency
Stauss Richard K $305,000 --
Gruber Thomas J -- --
Fox Aaron S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chimes Matthew James $518,500
Previous Owner Trem Anthony R $380,000
Previous Owner Trem Anthony R $342,400
Previous Owner Trem Anthony R $325,522
Previous Owner Trem Anthony R $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $610,000 +10.9% $231 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $550,000 +59.4% $208 / Sq Ft
06/03/2019 06/03/19 Sold $345,000 -4.2% $130 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $360,000 -- $136 / 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 $13,561 $210,350 $61,600 $148,750
2023 $8,948 $121,800 $38,710 $83,090
2022 $8,889 $121,800 $38,710 $83,090
2021 $8,797 $121,800 $38,710 $83,090
2020 $9,297 $118,270 $37,590 $80,680
2019 $8,986 $337,900 $107,400 $230,500
2018 $9,179 $118,270 $37,590 $80,680
2017 $9,074 $98,740 $36,680 $62,060
2016 $9,006 $98,740 $36,680 $62,060
2015 $8,089 $98,740 $36,680 $62,060
2014 $8,089 $94,050 $34,930 $59,120
Source: Public Records

Agents Affiliated with this Home

  • David Malone

    Seller's Agent in 2023

    David Malone

    Howard Hanna

    (440) 423-3100

    47 in this area

    130 Total Sales

    David Malone
    Section Image
  • Karen Eagle

    Seller's Agent in 2019

    Karen Eagle

    Elite Sotheby's International Realty

    (216) 352-4700

    15 in this area

    340 Total Sales

    Karen Eagle
    Section Image
  • Angelo Marrali

    Buyer's Agent in 2019

    Angelo Marrali

    Howard Hanna

    (440) 974-7846

    8 in this area

    827 Total Sales

    Angelo Marrali
    Section Image
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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4453625

MLS Now (Howard Hanna)

APN: 841-19-015

Ohio Cuyahoga County Gates Mills 44040

7880 Gates Mills Estate Dr, Gates Mills, OH

This home is located at 7880 Gates Mills Estate Dr, Gates Mills, OH 44040 since 28 April 2023 and is currently estimated at $647,192, approximately $244 per square foot. This property was built in 1960. 7880 Gates Mills Estate Dr is a home located in Cuyahoga County with nearby schools including Mayfield High School and Hawken Upper School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now (Howard Hanna) Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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