NOT LISTED FOR SALE

8926 Pekin Rd Novelty, OH 44072

Estimated Value: $464,000

3 Beds
1.5 Baths
2,076 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $400,000 $193 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,845/month

Highlights

  • Horse Property
  • Arena
  • Wooded Lot
  • West Geauga High School Rated 9+
  • View of Trees or Woods
  • 1 Fireplace

About This Home

As of December 2021

Incredible opportunity to own this 10 acre farm property with an 80x100ft indoor riding arena, 16 stall cow/horse barn (ceiling height is only 89") and multiple out buildings. Prime location and well maintained facilities. The farmhouse is a suitable 3 bed 2 bath space. Parts of the lot are adjacent to Western Reserve Land Conservancy protected property. Buyer must agree to some deed restrictions designed to preserve the land. (see supplements). 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: 07/19/2021

Keller Williams Living

Co-Listed By

Taylor Stone

Keller Williams Living License #2019003280

Last Buyer's Agent

Susan Stone

Keller Williams Living License #2012001501 Listed on: 07/19/2021

Keller Williams Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1901

Lot Details

  • 10 Acre Lot
  • South Facing Home
  • Unpaved Streets
  • Wooded Lot

Parking

  • 4 Car Detached Garage

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,076 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Horse Property
  • Shed
  • Outbuilding
  • Porch

Utilities

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

Additional Features

  • Livestock
  • Arena

Listing and Financial Details

  • Assessor Parcel Number 26-124500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • House Faces: South
  • Price Per Square Foot: 192.68
  • Estimated Price per Sq Ft: 192.68
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2076
  • Year Built: 1901
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1901

Interior Features

  • Appliances Equipment: Range, Refrigerator, Water Softener
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Detail: Partial, Unfinished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2076.00
  • Sq Ft Approx Total Finished: 2076.00

Exterior Features

  • View: Park, Wooded
  • Exterior: Brick
  • Exterior Features: Barn/Stable, Outbuilding, Porch, Shed
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 4

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, Outdoor Arena, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 10.0000
  • Parcel Number: 26-124500

Tax Info

  • Tax: 2691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Dec 21, 2021
Sold by
Cleveland Museum Of Natural History
Bought by
Crosscavan Farm Llc
Seller's Agent
Susan Stone
Keller Williams Living
Buyer's Agent
Susan Stone
Keller Williams Living
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$464,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,000
Avg. Annual Appreciation
3.93%

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 S
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
Crosscavan Farm Llc $100,000 None Listed On Document
The Cleveland Museum Of Natural History -- None Available
Nash Lucia S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2021 12/22/21 Sold $400,000 0.0% $193 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $400,000 -- $193 / 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 $4,855 $107,050 $107,050 $0
2023 $4,855 $107,050 $107,050 $0
2022 $223 $198,600 $121,070 $77,530
2021 $5,128 $198,600 $121,070 $77,530
2020 $5,381 $198,600 $121,070 $77,530
2019 $5,353 $186,770 $121,070 $65,700
2018 $5,345 $186,770 $121,070 $65,700
2017 $5,353 $186,770 $121,070 $65,700
2016 $6,070 $185,260 $121,070 $64,190
2015 $5,610 $185,260 $121,070 $64,190
2014 $5,610 $185,260 $121,070 $64,190
2013 $4,922 $185,260 $121,070 $64,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4289387

MLS Now

APN: 26-124500