NOT LISTED FOR SALE

8123 Dines Rd Novelty, OH 44072

Estimated Value: $963,000

4 Beds
3 Baths
4,251 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $649,000 $153 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,056/month

40 Days on Market

Highlights

  • Horse Property
  • River Front
  • Contemporary Architecture
  • West Geauga High School Rated 9+
  • 25.49 Acre Lot
  • Pond

About This Home

As of August 2019

Exciting Opportunity! Outstanding Horse Farm – 4,250 Sq. Ft. Western Style Home – Lake – Horse Barn – Scenic Run Equestrian Center With Positive Income – Pastures – Indoor Riding Arena – All On 43 Acres – Chagrin River – Offered In Two Parcels – Russell Twp. – West Geauga Schools – Geauga County - ABSOLUTE AUCTION, all sells to the highest bidders on location: SATURDAY – JUNE 15, 2019 – 12:00 PM. AUCTION #1: Unique 4,251 sq. ft. home on 25.49 acres bordering the Chagrin river. Home has oak kitchen with dining area. First floor owner’s suite. Formal dining room, large family room with vaulted ceiling, gas fireplace with massive stone wall and full bath. Sunroom, full kitchenette and walkout to deck. Den with fireplace. Second level has three bedrooms, full bath and walk-up 3rd level rec room. Two basements, one with walkout with two hot water boilers, 2 pressure tanks and backup generator. Beautiful covered porch. Home has limited gas per lease. Large two-story barn with lean-to, workshop, storage areas and walk-up 2nd floor loft. 6-stall horse barn with tack room, lean-to and 3 pastures. Peaceful secluded lake with aerator, dry hydrant and one room shed by the lake. 75 x 45 party center building has large covered porch, large dance hall, full kitchen, two efficiency apartments, wood-burner/gas FA furnace. Three-bedroom guest house with kitchen, fireplace, full bath, gas FA furnace with C/A. Parcel #26-028770. $2,211 half year real estate taxes. Auction #2 see MLS #4093537.

Last Agent to Sell the Property

Jack Kiko

Kiko License #2003007797 Listed on: 05/06/2019

Last Buyer's Agent

Jack Kiko

Kiko License #2003007797 Listed on: 05/06/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,422

Year Built

  • Built in 1950

Lot Details

  • 25.49 Acre Lot
  • River Front
  • Wood Fence
  • Unpaved Streets
  • Wooded Lot
  • Oil and Gas Wells

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Asphalt Roof

Interior Spaces

  • 4,251 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Pond
  • Horse Property

Farming

  • Livestock

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Well
  • Septic Tank

Community Details

  • Russell Sec 12 01 Community

Listing and Financial Details

  • Assessor Parcel Number 26-028770

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,422

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Contemporary/Modern, Conventional
  • Price Per Square Foot: 152.67
  • Estimated Price per Sq Ft: 152.67
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 4251
  • Year Built: 1950
  • Geocode Confidence: Unknown
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Basement Detail: Walk-Out
  • Sq Ft Approx Above Grade Finished: 4251.00
  • Sq Ft Approx Total Finished: 4251.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Barn/Stable
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Russell Sec 12 01

Schools

  • School District: West Geauga LSD
  • School District: West Geauga LSD

Lot Info

  • Lot Description: Horse Property, Livestock Permitted, Oil/Gas Well, Pond, River Front, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 25.4900
  • Parcel Number: 26-028770

Tax Info

  • Tax: 4422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Aug 27, 2019
Sold by
Garbo Phillip J
Bought by
Johanns Bruce and Johanns Christine
Seller's Agent
Jack Kiko
Kiko
Buyer's Agent
Jack Kiko
Kiko
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$963,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,000
Avg. Annual Appreciation
6.70%
Original Mortgage
$550,000
Interest Rate
3.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2018
Sold by
Garbo Phillip J
Bought by
Garbo Phillip J

Purchase Details

Closed on
Jan 12, 2015
Sold by
Garbo Patricia A
Bought by
Garbo Phillip J

Purchase Details

Closed on
Jun 1, 1985
Bought by
Garbo Patricia 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
Johanns Bruce $162,250 None Available
Garbo Phillip J -- Barristers Of Ohio
Garbo Phillip J -- Attorney
Garbo Patricia A $258,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johanns Bruce $100,000
Open Johanns Christine $484,949
Closed Eco-Site Llc $600,000
Closed Eco Site Llc $600,000
Closed Johanns Bruce $550,000
Previous Owner Garbo Patricia A $100,000
Previous Owner Garbo Patricia A $425,000
Previous Owner Garbo Patricia A $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $649,000 0.0% $153 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $649,000 -- $153 / 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 $11,097 $296,120 $96,440 $199,680
2023 $11,097 $296,110 $96,430 $199,680
2022 $9,237 $225,330 $80,360 $144,970
2021 $9,209 $225,330 $80,360 $144,970
2020 $9,664 $225,330 $80,360 $144,970
2019 $24,994 $470,160 $143,710 $326,450
2018 $4,423 $203,210 $80,360 $122,850
2017 $22,528 $470,160 $143,710 $326,450
2016 $23,544 $460,710 $143,710 $317,000
2015 $21,748 $460,710 $143,710 $317,000
2014 $21,748 $460,710 $143,710 $317,000
2013 $21,078 $460,710 $143,710 $317,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4093512

MLS Now

APN: 26-028770