NOT LISTED FOR SALE

7940 Old Mill Rd Gates Mills, OH 44040

Estimated Value: $631,025 - $854,000

4 Beds
3.5 Baths
2,081 Sq Ft
$354/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $470,000 $226 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,991/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • 2.1 Acre Lot
  • 1 Fireplace
  • Mayfield High School Rated A
  • Wooded Lot
  • 4 Car Garage

About This Home

As of March 2017

This home is located at 7940 Old Mill Rd, Gates Mills, OH 44040 since 09 February 2017 and is currently estimated at $736,006, approximately $353 per square foot. This property was built in 1953. 7940 Old Mill Rd is a home located in Cuyahoga County with nearby schools including Mayfield High School, Hawken Upper School, and Gilmour Academy.

Last Agent to Sell the Property

Elizabeth Scolnick

Howard Hanna License #240883 Listed on: 02/09/2017

Howard Hanna

Co-Listed By

Ed Scolnick

Deleted Agent License #2002003879

Last Buyer's Agent

Debra Cicero

Deleted Agent License #2003002973

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,170

Year Built

  • Built in 1953

Lot Details

  • 2.1 Acre Lot
  • Property has an invisible fence for dogs
  • Unpaved Streets
  • Wooded Lot

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Asphalt Roof
  • Stone Siding
  • Cedar

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Mayfield #3 Community

Listing and Financial Details

  • Assessor Parcel Number 843-37-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,170

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1953
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Crawl, Full

Exterior Features

  • View: Park, Wooded
  • Exterior: Cedar, Stone, Wood
  • Exterior Features: Patio, Storage Shed/Out Bld
  • Fences: Invisible Pet
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved, Unpaved
  • Garage Features: Attached, Detached, Door Opener, Water Available
  • Garage Num Of Cars: 4

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Private Water, Septic

Condo/Co-op/Association

  • Subdivision Complex: Mayfield #3

Schools

  • School District: Mayfield CSD
  • School District: Mayfield CSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 2.1000
  • Parcel Number: 843-37-008

Tax Info

  • Tax: 11170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Mar 14, 2017
Sold by
Kusa Linda S and Kusa James S
Bought by
Correia Nataline G
Seller's Agent
Elizabeth Scolnick
Howard Hanna
Buyer's Agent
Debra Cicero
Deleted Agent
List Price
$499,900
Sold Price
$470,000
Premium/Discount to List
-$29,900
-5.98%
Current Estimated Value
$736,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,006
Avg. Annual Appreciation
5.44%
Interest Rate
4.3%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Lauren Building Company Llc
Bought by
Kusa James S and Kusa Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,100
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Cergol Jeanne I
Bought by
Lauren Building Company Llc

Purchase Details

Closed on
Apr 3, 1985
Sold by
Cergol Arthur J and Cergol Jean I
Bought by
Cergol Arthur J and Cergol Jean I

Purchase Details

Closed on
Jan 1, 1975
Bought by
Cergol Arthur J and Cergol Jean I
Source: Public Records

Range of Values:

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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
Correia Nataline G $470,000 None Available
Kusa James S $285,000 Emerald Glen Title
Lauren Building Company Llc $145,000 Attorney
Cergol Arthur J -- --
Cergol Arthur J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correia Natalie G $445,000
Closed Ector Phyllis --
Closed Correia Nataline G $470,000
Previous Owner Kusa James S $47,877
Previous Owner Kusa James S $300,000
Previous Owner Kusa James S $274,100
Previous Owner Cergol Arthur J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $470,000 -6.0% $226 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $499,900 -- $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 $11,852 $183,855 $52,675 $131,180
2023 $11,960 $160,970 $67,130 $93,840
2022 $11,755 $160,970 $67,130 $93,840
2021 $11,760 $160,970 $67,130 $93,840
2020 $12,421 $156,280 $65,170 $91,110
2019 $11,882 $446,500 $186,200 $260,300
2018 $12,764 $156,280 $65,170 $91,110
2017 $13,779 $154,070 $64,470 $89,600
2016 $13,673 $154,070 $64,470 $89,600
2015 $24,307 $154,070 $64,470 $89,600
2014 $24,307 $166,850 $61,390 $105,460
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Scolnick

    Seller's Agent in 2017

    Elizabeth Scolnick

    Howard Hanna

    (440) 247-8900

    1 in this area

    27 Total Sales

    Elizabeth Scolnick
    Section Image

  • E

    Seller Co-Listing Agent in 2017

    Ed Scolnick

    Deleted Agent

    Section Image

  • D

    Buyer's Agent in 2017

    Debra Cicero

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3876925

MLS Now

APN: 843-37-008

Ohio Cuyahoga County Gates Mills 44040

7940 Old Mill Rd, Gates Mills, OH

This home is located at 7940 Old Mill Rd, Gates Mills, OH 44040 since 09 February 2017 and is currently estimated at $736,006, approximately $353 per square foot. This property was built in 1953. 7940 Old Mill Rd is a home located in Cuyahoga County with nearby schools including Mayfield High School, Hawken Upper School, and Gilmour Academy.

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.

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