NOT LISTED FOR SALE

8635 Fairmount Rd Novelty, OH 44072

Estimated Value: $343,000 - $439,000

4 Beds
2 Baths
2,332 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $280,000 $120 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,622/month

12 Days on Market

Highlights

  • Horse Property
  • View of Trees or Woods
  • 2 Car Detached Garage
  • West Geauga High School Rated 9+
  • Colonial Architecture
  • Livestock

About This Home

As of November 2021

Attention investors or handy owners…wonderful opportunity to own this 4 bedroom 2 full bath century home with great bones that sits on a 10 acre wooded lot a detached 2 car garage. Home was last renovated in 2000, so it is in need of updates but has great potential. The barn is ideal for ponies or cows due to the slightly low ceiling. This home is being sold AS-IS. The 10 acre lot is being split from its current 49 acres. The remaining acreage will be protected land so nothing can be altered. Buyer needs to agree to some deed restrictions designed to preserve the beautiful country setting (see supplements). Adjacent land is part of the Western Reserve land Preservation and nothing will ever be built on it. Taxes reflect home on 49 acres and would be adjusted after lot split. House cannot be sold with more land. Buyer must assume septic AS-IS. Seller has no knowledge of current condition. Sale is contingent on proposed lot split which needs to be surveyed and approved by county. This process is in the works and expected to take several months. Sale cannot close until this process is complete which could be into September 2021 and possibly beyond.

Last Agent to Sell the Property

Susan Stone

Keller Williams Living License #2012001501 Listed on: 06/30/2021

Keller Williams Living

Co-Listed By

Taylor Stone

Keller Williams Living License #2019003280

Last Buyer's Agent

Justin English

Deleted Agent License #2005014856

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,027

Year Built

  • Built in 1900

Lot Details

  • 10

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Horse Property
  • Shed
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Septic Tank

Additional Features

  • 10 Acre Lot
  • Livestock

Listing and Financial Details

  • Assessor Parcel Number 26-124100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,027

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 120.07
  • Estimated Price per Sq Ft: 120.07
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2332
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Basement Detail: Partial
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2332.00
  • Sq Ft Approx Total Finished: 2332.00

Exterior Features

  • View: Wooded
  • Exterior: Aluminum
  • Exterior Features: Barn/Stable, Outbuilding, Shed
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Electric
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Water/Sewer: Well, Septic

Schools

  • School District: West Geauga LSD

Lot Info

  • Lot Description: Horse Property, Livestock Permitted
  • Lot Size Units: Acres
  • Acres: 10.0000
  • Parcel Number: 26-124100

Tax Info

  • Tax: 2027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 29, 2021
Sold by
The Cleveland Museum Of Natural History
Bought by
Pine Creek Stables Llc
Seller's Agent
Susan Stone
Keller Williams Living
Buyer's Agent
Justin English
Deleted Agent
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$420,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,333
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
May 26, 2021
Sold by
Pnc Bank Na
Bought by
The Cleveland Museum Of Natural History

Purchase Details

Closed on
Jan 1, 1990
Bought by
Nash Lucia Smith
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
Pine Creek Stables Llc $280,000 None Available
The Cleveland Museum Of Natural History -- None Available
Nash Lucia Smith -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $280,000 0.0% $120 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $280,000 0.0% $120 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $280,000 -- $120 / 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 $4,927 $108,640 $108,640 $0
2023 $4,927 $108,640 $108,640 $0
2022 $4,909 $177,000 $122,890 $54,110
2021 $19,130 $177,000 $122,890 $54,110
2020 $4,055 $177,000 $122,890 $54,110
2019 $41 $168,740 $122,890 $45,850
2018 $4,087 $168,740 $122,890 $45,850
2017 $4,093 $168,740 $122,890 $45,850
2016 $4,605 $163,950 $122,890 $41,060
2015 $4,256 $163,950 $122,890 $41,060
2014 $4,256 $163,950 $122,890 $41,060
2013 $3,530 $163,950 $122,890 $41,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4288850

MLS Now

APN: 26-124100