NOT LISTED FOR SALE

8432 Top Rail Ln Novelty, OH 44072

Estimated Value: $381,000 - $471,000

4 Beds
3 Baths
2,770 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $217,000 $78 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,841/month

133 Days on Market

Highlights

  • Water Views
  • Deck
  • Wooded Lot
  • West Geauga High School Rated 9+
  • Spring on Lot
  • 1 Fireplace

About This Home

As of January 2017

Fabulous opportunity to buy into a very sought-after Russell/Novelty neighborhood of much higher-priced homes at a rock-bottom price! This spacious home on a wooded 1-acre cul-de-sac lot in Hackamore Woods has an extremely flexible floor plan you can use either as a very large single family home (with 4 bedrms, 3 baths, family rm w/ bonus 2nd kitchen) or a home that gives multi-generations/ roommates/ caregivers their own separate suite. You enter the home through a soaring 2-story foyer. To the right of the foyer is the living rm, with 5 wide casement windows. An archway leads to the dining rm with space to seat 8. The eat-in kitchen offers lots of counter & cabinet space and sliding doors that open to the outside deck and backyard. The yard abuts Silver Creek with preserved land beyond. Off the kitchen is a large family room w fireplace and bay window w bedroom/office, 2nd full kitchen, 3rd full bath and laundry--which creates an in-law suite. A pocket door closes off the family room/in-law suite from the main kitchen. Upstairs is a spacious master bdrm w/ bath plus 2 more bedrooms and a hall bath. The very flexible floor plan will easily accommodate your renovation/ updating plans-- live in the suite while you renovate the rest of the home to suit your tastes. The seller is very motivated and after a series of significant price reductions is looking for your offer! Do not miss this fantastic opportunity to own and live in beautiful Hackamore Woods at a bargain price!

Last Agent to Sell the Property

Barbara Bruhn

Deleted Agent License #433556 Listed on: 07/17/2016

Last Buyer's Agent

Annalie Glazen

Berkshire Hathaway HomeServices Professional Realty License #2012002887

Berkshire Hathaway HomeServices Professional Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,483

Year Built

  • Built in 1980

Lot Details

  • 1.06 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water
  • Woods

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,770 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Spring on Lot
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Water Softener

Community Details

  • Hackamore Woods Community

Listing and Financial Details

  • Assessor Parcel Number 26-173200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,483

Year Built

Built in 1980

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Split Level
  • Price Per Square Foot: 78.34
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2770
  • Year Built: 1980
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Washer, Water Softener
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Room Count: 11
  • Living Area Sq Ft: 2770
  • Estimated Total Living Area: 2770
  • Estimated Sq Ft: 2770

Exterior Features

  • View: Water View, Wooded
  • Exterior: Aluminum, Brick, Vinyl
  • Exterior Features: Deck, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Drain, Electric, Water Available
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air, Heat Pump
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Water/Sewer: Well, Public Sewer

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Hackamore Woods
  • Subdivision Complex: Hackamore Woods

Schools

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

Lot Info

  • Lot Description: Cul de Sac, Spring/Creek, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 1.0600
  • Parcel Number: 26-173200

Tax Info

  • Tax: 4483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2016
Closed on
Jan 6, 2017
Sold by
Ferlotti Sallie
Bought by
Edmonds James A and Edmonds Leanne M
Seller's Agent
Barbara Bruhn
Deleted Agent
Buyer's Agent
Annalie Glazen
Berkshire Hathaway HomeServices Professional Realty
List Price
$289,000
Sold Price
$217,000
Premium/Discount to List
-$72,000
-24.91%
Current Estimated Value
$428,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,925
Avg. Annual Appreciation
8.58%
Original Mortgage
$170,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2011
Sold by
Ferlotti Sallie A
Bought by
Ferlotti Sallie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,747
Interest Rate
4.14%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2008
Sold by
Ferlotti Mark S and Ferlotti Sallie A
Bought by
Ferlotti Sallie A

Purchase Details

Closed on
Jan 13, 2004
Sold by
Rudow Steven and Rudow Carrie S
Bought by
Ferlotti Mark S and Ferlotti Sallie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1995
Sold by
Leiken Allan M
Bought by
Rudow Steven M and Wuenschel Carrie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
9.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1984
Bought by
Leiken Allan M
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
Edmonds James A $217,000 Attorney
Ferlotti Mark S $248,000 Reliance Title
Rudow Steven M $180,000 --
Leiken Allan M $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edmonds James A $228,937
Closed Edmonds James A $25,000
Closed Edmonds James A $170,000
Previous Owner Ferlott Salli $57,889
Previous Owner Ferlotti Sallie A $201,747
Previous Owner Ferlotti Mark S $148,000
Previous Owner Rudow Steve M $225,500
Previous Owner Rudow Steven M $70,000
Previous Owner Rudow Steven M $140,000
Previous Owner Rudow Steven M $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2017 01/18/17 Sold $217,000 -3.6% $78 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
11/04/2016 11/04/16 Price Changed $225,000 -9.6% $81 / Sq Ft
10/28/2016 10/28/16 Price Changed $249,000 -13.8% $90 / Sq Ft
07/17/2016 07/17/16 For Sale $289,000 -- $104 / 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 $5,895 $117,260 $26,710 $90,550
2023 $5,895 $117,260 $26,710 $90,550
2022 $5,171 $83,020 $22,260 $60,760
2021 $5,355 $83,020 $22,260 $60,760
2020 $5,357 $83,020 $22,260 $60,760
2019 $4,745 $77,000 $22,260 $54,740
2018 $4,874 $77,000 $22,260 $54,740
2017 $4,745 $77,000 $22,260 $54,740
2016 $4,719 $75,180 $22,260 $52,920
2015 $4,483 $75,180 $22,260 $52,920
2014 $4,352 $75,180 $22,260 $52,920
2013 $4,380 $75,180 $22,260 $52,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3827836

MLS Now

APN: 26-173200