NOT LISTED FOR SALE

8283 Fairmount Rd Novelty, OH 44072

Estimated Value: $462,000 - $506,000

3 Beds
2 Baths
2,880 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2021

Last sale price $350,000 $122 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,121 / mo

33 Days on Market

Highlights

  • Barn
  • View of Trees or Woods
  • Deck
  • West Geauga High School Rated A-
  • Colonial Architecture
  • Pond

About This Home

As of October 2021

This charming 1847 farmhouse sits on over nine bucolic acres, adjacent to the Chagrin River which includes wooded areas, meadows, and a pond. Updated with an eye to the past, the house has both cozy nooks and an open floor plan for private and entertainment spaces. The great room just off the entry, heated with an economical wood stove, boasts oak wood flooring, a separate dining space, and a newer oversized sliding door to the private rear deck. The large eat-in kitchen has both a breakfast bar and dining area along with updated appliances, concrete countertops, a beamed ceiling, and the original plank wood flooring. A living room with exposed beams, bay window, and plank wood flooring that exudes relaxation. A private and conveniently located office with custom bookshelves and cabinetry is just a step or two from the Kitchen. Spacious mudroom and laundry area conveniently located off the back entry and kitchen. The stairway to the second floor leads to a roomy landing, a full bath (with handsome claw foot tub), and the home's three bedrooms. Plenty of storage in the walk-up attic area, expansive and tidy basement. Six stall barn with electricity can also be used for parking. Formerly a sheep farm-this could be your future hobby farm. Updates include newer shades, neutral paint refresh. Full house generator connection, electrical, and updated Pella windows in second and third floors.

Last Agent to Sell the Property

Wendy K Davis

Deleted Agent License #2003019460 Listed on: 07/22/2021

Last Buyer's Agent

Ron Sermak

CENTURY 21 DePiero & Associates, Inc. License #335299

CENTURY 21 DePiero & Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 1851

Lot Details

  • 9.79 Acre Lot
  • North Facing Home
  • Partially Fenced Property
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Views of Woods
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Pond
  • Deck
  • Porch

Farming

  • Barn

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Wood Insert Heater
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • Russell Sec 08 01 Community

Listing and Financial Details

  • Assessor Parcel Number 26-168600

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,038

Year Built

Built in 1851

Lot Details

9.79 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 162.04
  • Estimated Price per Sq Ft: 162.04
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2160
  • Year Built: 1851
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1851

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Smoke Detector, Washer, Water Softener
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Partial, Unfinished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2160.00
  • Sq Ft Approx Below Grade Finished: 720.00
  • Sq Ft Approx Total Finished: 2880.00

Exterior Features

  • View: Wooded
  • Exterior: Wood
  • Exterior Features: Barn/Stable, Deck, Porch
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas, Wood
  • Heating Type: Baseboard, Forced Air, Wood/Pellet Heat Sys
  • Water/Sewer: Well, Septic

Condo/Co-op/Association

  • Subdivision Complex: Russell Sec 08 01

Schools

  • School District: West Geauga LSD

Lot Info

  • Lot Description: Pond, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 9.7900
  • Parcel Number: 26-168600

Tax Info

  • Tax: 5038

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 6, 2021
Sold by
Bought by
Seller's Agent
Wendy K Davis
Deleted Agent
Buyer's Agent
Ron Sermak
CENTURY 21 DePiero & Associates, Inc.
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Current Estimated Value
$481,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,301
Avg. Annual Appreciation
7.01%
Original Mortgage
$280,000
Outstanding Balance
$206,497
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$274,804

Purchase Details

Closed on
Mar 4, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.78%

Purchase Details

Closed on
Oct 21, 1992
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 Ohio Real Title
$248,000 Chicago Title
$156,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $280,000
Previous Owner $198,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $350,000 -3.8% $122 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $364,000 -4.2% $126 / Sq Ft
07/22/2021 07/22/21 For Sale $379,900 -- $132 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,443 $131,610 $48,270 $83,340
2024 $6,443 $131,610 $48,270 $83,340
2023 $5,865 $131,610 $48,270 $83,340
2022 $4,815 $90,240 $40,220 $50,020
2021 $4,800 $90,240 $40,220 $50,020
2020 $5,038 $90,240 $40,220 $50,020
2019 $5,004 $82,610 $40,220 $42,390
2018 $4,997 $82,610 $40,220 $42,390
2017 $5,004 $82,610 $40,220 $42,390
2016 $4,620 $72,880 $40,220 $32,660
2015 $4,265 $72,880 $40,220 $32,660
2014 $4,265 $72,880 $40,220 $32,660
2013 $4,292 $72,880 $40,220 $32,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4300788

MLS Now

APN: 26-168600

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