1 month on rocket

1351-1355 Chagrin River Rd, Gates Mills, OH, 44040

$470,000

Home List Price

$5,581*

Closing Credit

4 Bedrooms
3 Full Baths
2,676 SqFt
$176/SqFt
Multi
Schools Nearby

Location

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1351-1355 Chagrin River Rd, Gates Mills$470,000

Buyer Closing Credits

$5,581*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Detached, Electricity, Garage, Garage Door Opener, Multi-Level, Paved
Garage4 spaces
Year Built1837
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
ViewTrees/Woods
MLS #5027176
Lot Size0.39 Acres
StatusActive

About 1351-1355 Chagrin River Rd

Welcome to this charming historical home nestled in the sought-after Gates Mills neighborhood! This side-by-side multi-family presents a fantastic opportunity for investors or those seeking to occupy one unit while collecting rent from the other. As you step into the larger unit, you're greeted by a spacious Living Room with a cozy fireplace. The Dining Room offers ample space for entertaining guests, while the adjacent Family Room and Sun Room provide additional areas for relaxation and enjoyment. The Kitchen features updated appliances and dark wood cabinetry, creating a stylish and functional space. This unit also features Two Bedrooms and Two Full Bathrooms, ensuring comfortable living accommodations. The smaller unit offers its own Living Room, Dining Room, and Kitchen equipped with all necessary appliances. With 2 bedrooms and 1 bathroom, this unit provides a cozy and inviting atmosphere for its occupants. For added convenience, the Basement is unfinished, offering storage space for each unit and dedicated laundry areas. Parking is easy with the included 4 car multi-level garage, providing plenty of space for vehicles and storage. Notable updates include the installation of central air and newer windows, enhancing comfort and energy efficiency throughout the home. Situated across from a pretty landscaping nursery, this home offers a sense of privacy. For added peace of mind to the new buyer, the sellers are offering a one-year home warranty. Don't miss out on this wonderful opportunity to own a piece of history in the heart of Gates Mills! Schedule your showing today and make this charming multi-family home yours.

Property Details

Property Features

Property Information:

  • Year Built: 1837
  • Stories: 2
  • Living Area: 2,676 SqFt

Listing Office:

  • Office Name: Keller Williams Living
  • Office Phone: (330) 388-3995
  • Listing Agent: Amanda S Pohlman

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dryer, Dishwasher, Disposal, Range, Refrigerator, Washer
  • Basement: Yes
  • Interior: Storage, Track Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Driveway, Detached, Electricity, Garage, Garage Door Opener, Multi-Level, Paved

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Mayfield High School, Public District Grades 9-12
  • Mayfield Middle School, Public District Grades 6-8
  • Gates Mills Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: N of: Cedar Road. W of: County Line Road. S of: Mayfield Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $470,000
  • Price Per SqFt: $176/SqFt
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Housing Market Comparison

See how this home compares to others in Gates Mills, OH.

Med. Sold Price

$800K

Med. Price/SqFt

$164

Avg. Days On Market

37

# of Sold Homes

3

1351-1355 Chagrin River Rd vs Gates Mills

32 DAYS ON ROCKET

-5 Days

$470,000

-$330K Less

$176/SqFt

+$11 More

KEY TAKEAWAY

This property is $330K less than the Median Sold Price and $11/SqFt more than other homes in Gates Mills, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5027176

Listing Office:

  • Office Name: Keller Williams Living
  • Office Phone: (330) 388-3995
  • Listing Agent: Amanda S Pohlman

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 7:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,413

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,476

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4094170
8
/10
  • Gates Mills Elementary School

  • 7639 Colvin Rd

  • 1.33 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4094171
7
/10
  • Mayfield Middle School

  • 1123 Som Center Rd

  • 2.63 miles

  • Public District Grades 6-8

High School

school-card-donut-4094172
7
/10
  • Mayfield High School

  • 6116 Wilson Mills Rd

  • 3.89 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $136,842. Typical income of Gates Mills, OH residents is $200k+ annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesOhioCuyahoga CountyGates Mills440401351-1355 Chagrin River Rd

This home is located at 1351-1355 Chagrin River Rd in Gates Mills, OH and zip code 44040. This 2,676 square foot home, which was built in 1837, sits on a 0.39 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $470,000.

In March 2024, from all listings sold in Gates Mills, OH there were more than 1 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of listings in Gates Mills, OH increased by 40% between February 2024 and March 2024. The median list price of listings available in March 2024 was $800,000, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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