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7490 Faraway Trl

Chagrin Falls, OH 44023

6 bd 7 ba 8,180 sqft Built 2019 Lot 30,928 sqft single_family
Most recent sale
$1,680,000
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2022 Sold $1,680,000 MLS #4349229
Feb 16, 2022 Listed $1,595,000 MLS #4349229
Jul 6, 2018 Sold $170,000 MLS #3971824
Feb 8, 2018 Listed $185,000 MLS #3971824
Oct 25, 2016 Sold $172,000 MLS #3843916
Sep 12, 2016 Listed $174,900 MLS #3843916
May 31, 2016 Sold $168,000 MLS #3767172
Dec 4, 2015 Listed $175,000 MLS #3767172

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $470,930 $77,530 $548,460 $29,522
2024 $470,930 $77,530 $548,460 $29,304
2022 $293,300 $56,530 $349,830 $21,385
2021 $293,300 $56,530 $349,830 $21,456
2020 $293,300 $56,530 $349,830 $22,595
2019 $56,530 $56,530 $4,307
2018 $56,530 $56,530 $4,285
2017 $46,830 $46,830 $4,290
2016 $46,830 $46,830 $3,670
2015 $46,830 $46,830 $3,582
2014 $46,830 $46,830 $3,308
2013 $46,830 $46,830 $3,328
2012 $46,830 $46,830 $3,333
2011 $46,830 $46,830 $3,333
2010 $46,830 $46,830 $3,164
2009 $46,830 $46,830 $3,113
2007 $46,830 $46,830 $3,117
2006 $46,830 $46,830 $3,082

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
6
Baths
7
Living area
8,180 sqft
Lot size
30,928 sqft
ZIP code
44023
City
Chagrin Falls
Street
Faraway Trl
Coordinates
41.39593, -81.37472

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$12,270
Gross rental yield
8.76%
Implied cap rate
5.70%
Trend-extrapolated value

Frequently asked questions

When did 7490 Faraway Trl last sell?
7490 Faraway Trl most recently sold on Mar 15, 2022 for $1,680,000.
What is the current tax assessment for 7490 Faraway Trl?
The most recent total assessment for 7490 Faraway Trl (year 2025) is $548,460 with $29,522 in property tax.
How does 7490 Faraway Trl's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $1,680,000.
When was 7490 Faraway Trl built?
7490 Faraway Trl was built in 2019.
How does 7490 Faraway Trl compare to others on Faraway Trl?
We track 7 other properties on Faraway Trl. Browse the list under "Other properties on Faraway Trl" to compare beds, baths, and sale history.
What are the property facts for 7490 Faraway Trl?
7490 Faraway Trl is a 6 bed, 7 bath, 8,180 sqft, 30,928 sqft lot single_family.
Is 7490 Faraway Trl a flip candidate?
No — 7490 Faraway Trl does not appear in our flips dataset.
Is 7490 Faraway Trl a tax-appeal candidate?
No — 7490 Faraway Trl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$879.5K
2026 Q4
$910.8K
ZIP 44023 — Median Price History + Forecast

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