NOT LISTED FOR SALE

8725 Galloway Trail Novelty, OH 44072

Estimated Value: $589,132 - $684,000

4 Beds
2.5 Baths
2,598 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $450,000 $173 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,965/month

8 Days on Market

Highlights

  • Medical Services
  • View of Trees or Woods
  • Spring on Lot
  • West Geauga High School Rated 9+
  • Cape Cod Architecture
  • Wooded Lot

About This Home

As of May 2020

Don't miss this fabulous home situated on 3 wooded acres overlooking a creek. So many updates & extras. Please see supplement showing highlights & updates.
Easy to show.

Last Agent to Sell the Property

Diane Russo Armington

Berkshire Hathaway HomeServices Professional Realty License #432462 Listed on: 02/24/2020

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Dwight Milko

RE/MAX Traditions License #2008001958

RE/MAX Traditions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,316

Year Built

  • Built in 1986

Lot Details

  • 3.01 Acre Lot
  • West Facing Home
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 2,598 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Views of Woods

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Spring on Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26-195766

Community Details

Overview

  • Red Raider Trails Community

Amenities

  • Medical Services

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,316

Year Built

Built in 1986

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • House Faces: West
  • Price Per Square Foot: 173.21
  • Estimated Price per Sq Ft: 173.21
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2598
  • Year Built: 1986
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 2
  • Room Count: 9
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2598.00
  • Sq Ft Approx Total Finished: 2598.00

Exterior Features

  • View: Wooded
  • Exterior: Brick, Cedar
  • Exterior Features: Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Medical Service, Park

Condo/Co-op/Association

  • HOA Fees: 480.00
  • HOA Fee Frequency: Annually
  • Hoa Name: Red Raider Homeowner Assoc
  • Subdivision Complex: Red Raider Trails

Schools

  • School District: West Geauga LSD

Lot Info

  • Lot Description: Spring/Creek, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 3.0100
  • Parcel Number: 26-195766

Tax Info

  • Tax: 9316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
May 14, 2020
Sold by
Davidson Robert J and Davidson Catherine L
Bought by
Lewis Michael S and Lewis Jenna
Seller's Agent
Diane Russo Armington
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Dwight Milko
RE/MAX Traditions
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$633,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,033
Avg. Annual Appreciation
6.45%
Original Mortgage
$300,000
Outstanding Balance
$265,842
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$367,191

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 8, 2016
Sold by
Sorg Joyce V and Sorg Richard D
Bought by
Davidson Robert J and Davidson Catherine L
Seller's Agent
Kathy Nerpouni
Deleted Agent
Buyer's Agent
Diane Russo Armington
Berkshire Hathaway HomeServices Professional Realty
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$340,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2014
Sold by
Sorg Richard D
Bought by
Sorg Joyce

Purchase Details

Closed on
Apr 8, 1997
Sold by
Conley Karen M
Bought by
Sorg Richard D and Sorg Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.74%

Purchase Details

Closed on
Sep 24, 1990
Bought by
Conley Karen 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
Lewis Michael S $450,000 Revere Title
Davidson Robert J $400,000 Attorney
Sorg Joyce -- Attorney
Sorg Richard D $350,000 --
Conley Karen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Michael S $300,000
Previous Owner Davidson Robert J $340,000
Previous Owner Sorg Richard D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2020 05/15/20 Sold $450,000 -2.0% $173 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $459,000 +14.8% $177 / Sq Ft
08/08/2016 08/08/16 Sold $400,000 -6.8% $154 / Sq Ft View Prior Sale
06/20/2016 06/20/16 Pending -- -- --
06/19/2015 06/19/15 For Sale $429,000 -- $165 / 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 $7,134 $160,620 $41,130 $119,490
2023 $7,134 $160,620 $41,130 $119,490
2022 $7,340 $138,220 $34,270 $103,950
2021 $7,318 $138,220 $34,270 $103,950
2020 $7,679 $138,220 $34,270 $103,950
2019 $8,328 $138,220 $34,270 $103,950
2018 $8,316 $138,220 $34,270 $103,950
2017 $8,328 $138,220 $34,270 $103,950
2016 $8,369 $141,620 $34,270 $107,350
2015 $7,952 $141,620 $34,270 $107,350
2014 $7,721 $141,620 $34,270 $107,350
2013 $7,771 $141,620 $34,270 $107,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4169893

MLS Now

APN: 26-195766