NOT LISTED FOR SALE

7956 Fairmount Rd Novelty, OH 44072

Estimated Value: $553,000 - $615,000

4 Beds
3.5 Baths
3,151 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $370,000 $117 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,570/month

158 Days on Market

Highlights

  • Views of Trees
  • Cape Cod Architecture
  • Wooded Lot
  • West Geauga High School Rated 9+
  • Deck
  • 3 Fireplaces

About This Home

As of February 2020

Darling Cape Cod with a farmhouse feel, 6 acres to explore and modern updates and improvements. The welcoming foyer opens to a spacious living room with wood pellet fireplace and built in’s. Enjoy the country views out the wall of windows. Imagine your friends and family gathering around the large butcher block island in the generously sized, eat-in kitchen with original wood plank floors. Convenient one floor living option, this home has 2 bedrooms on the first floor, including a master with ensuite bathroom and another bedroom with a fully renovated bathroom just completed earlier this year. Upstairs there are 2 large bedrooms, each with an attached bonus room, perfect for a study, playroom or dressing area! So four HUGE rooms on the second floor and a full bath make this a great family option with tons of space to spread out! Finished LL with large brick fireplace and reclaimed beam mantle. Take a hike or hop on your ATV and check out the wooded trails the owner created throughout the property, or, just enjoy the nature views from the deck just off the dining room (currently being used as an office). You’ll be glad to know the furnace (2015), AC (2018), windows (2011) appliances (2019) roof (2011) garage doors (2011) and interior doors (2012) have been newly replaced for you! If you have been craving country living but still need to be conveniently located 10 minutes to highways and great shopping, its here! Schedule your tour today!

Last Agent to Sell the Property

Annalie Glazen

Berkshire Hathaway HomeServices Professional Realty License #2012002887 Listed on: 08/02/2019

Berkshire Hathaway HomeServices Professional Realty

Co-Listed By

Julianne Kaldis

Berkshire Hathaway HomeServices Professional Realty License #2017003040

Last Buyer's Agent

Mary Kunka

RE/MAX Crossroads Properties License #2018005493

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 1970

Lot Details

  • 6.44 Acre Lot
  • South Facing Home
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Unpaved Parking

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Views of Trees
  • Partially Finished Basement
  • Sump Pump

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Russell Sec 02 01 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 26-213802

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,695

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1970
  • ResoLotFeatures: Wooded
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Phone: 440-781-2455
  • Subdivision Name: Russell Sec 02 01
  • Above Grade Finished Sq Ft: 2651.0
  • Architectural Style: Cape Cod
  • 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: 3
  • Basement: Partially Finished, Sump Pump
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 500.0
  • Main Level Bathrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 6.44
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Unpaved

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: West Geauga LSD - 2807

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 26-213802
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5695.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Feb 27, 2020
Sold by
Ericson John E and Nemec Kathryn C
Bought by
Graeter Amanda and Corr Meagan
Seller's Agent
Annalie Glazen
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Mary Kunka
RE/MAX Crossroads Properties
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Current Estimated Value
$571,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,306
Avg. Annual Appreciation
7.96%
Original Mortgage
$351,500
Outstanding Balance
$311,891
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$259,415

Purchase Details

Closed on
Jun 3, 2015
Sold by
Ericson John E and Elgart Ericson Shelley M
Bought by
Ericson John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Ericson K Leigh and Ericson John E
Bought by
Ericson John E and Elgart Shelley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 28, 2003
Sold by
Shiba Karen L
Bought by
Ericson K Leigh

Purchase Details

Closed on
Jun 1, 1986
Bought by
Shiba Kerry A
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
Graeter Amanda $370,000 Revere Title
Ericson John E -- Attorney
Ericson John E $340,000 Competitive Title
Ericson K Leigh -- --
Shiba Kerry A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graeter Amanda $351,500
Previous Owner Ericson John E $296,000
Previous Owner Ericson John E $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2020 02/29/20 Off Market $370,000 -- --
02/28/2020 02/28/20 Sold $370,000 -3.9% $117 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
08/03/2019 08/03/19 For Sale $385,000 -- $122 / 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 $6,776 $152,390 $42,770 $109,620
2023 $6,776 $152,390 $42,770 $109,620
2022 $5,586 $105,000 $35,630 $69,370
2021 $5,569 $105,000 $35,630 $69,370
2020 $5,844 $105,000 $35,630 $69,370
2019 $570 $94,430 $35,630 $58,800
2018 $5,695 $94,430 $35,630 $58,800
2017 $5,703 $94,430 $35,630 $58,800
2016 $5,446 $86,210 $35,630 $50,580
2015 $5,025 $86,210 $35,630 $50,580
2014 $5,025 $86,210 $35,630 $50,580
2013 $5,058 $86,210 $35,630 $50,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4120460

MLS Now

APN: 26-213802