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640 Chagrin River Rd

Gates Mills, OH 44040

3 bd 2 ba 2,190 sqft Built 1844 Lot 235,224 sqft single_family
Most recent sale
$407,500
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2025 Listing removed $599,500 MLSNOW
Feb 25, 2022 Sold $407,500 MLS #4337910
Dec 28, 2021 Listed $399,900 MLS #4337910
Oct 29, 2014 Sold $200,000 MLS #3614529
Jul 9, 2014 Price changed $275,000 MLS #3614529
Jun 19, 2014 Relisted $325,000 MLS #3614529
Jun 18, 2014 Listing removed $325,000 MLSNOW
May 5, 2014 Listed $325,000 MLS #3614529
Apr 30, 2014 Listed $275,000 MLS #3614529

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,040 $42,040 $2,869
2024 $42,040 $42,040 $2,866
2022 $14,140 $70,740 $84,880 $6,252
2021 $14,140 $70,740 $84,880 $6,189
2020 $13,720 $68,670 $82,390 $6,538
2019 $13,720 $68,670 $82,390 $6,321
2018 $13,720 $68,670 $82,390 $6,286
2017 $26,150 $28,110 $54,260 $4,412
2016 $64,050 $68,850 $132,900 $11,308
2015 $64,050 $68,850 $132,900 $9,834
2014 $61,010 $65,560 $126,570 $9,481
2013 $61,010 $65,560 $126,570 $9,370
2012 $64,750 $67,830 $132,580 $9,095
2010 $64,750 $67,830 $132,580 $9,207
2009 $64,750 $67,830 $132,580 $9,148
2008 $69,615 $72,940 $142,555 $8,773
2007 $69,620 $72,940 $142,560 $8,300

Property facts

Year built
1844
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,190 sqft
Lot size
235,224 sqft
ZIP code
44040
City
Gates Mills
Street
Chagrin River Rd
Coordinates
41.54752, -81.41498

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,285
Gross rental yield
9.67%
Implied cap rate
6.29%
Trend-extrapolated value

Frequently asked questions

When did 640 Chagrin River Rd last sell?
640 Chagrin River Rd most recently sold on Feb 25, 2022 for $407,500.
What is the current tax assessment for 640 Chagrin River Rd?
The most recent total assessment for 640 Chagrin River Rd (year 2025) is $42,040 with $2,869 in property tax.
How does 640 Chagrin River Rd's assessment compare to its last sale price?
The current assessment is 89.7% below the last sale price of $407,500.
When was 640 Chagrin River Rd built?
640 Chagrin River Rd was built in 1844.
How does 640 Chagrin River Rd compare to others on Chagrin River Rd?
We track 8 other properties on Chagrin River Rd. Browse the list under "Other properties on Chagrin River Rd" to compare beds, baths, and sale history.
What are the property facts for 640 Chagrin River Rd?
640 Chagrin River Rd is a 3 bed, 2 bath, 2,190 sqft, 235,224 sqft lot single_family.
Is 640 Chagrin River Rd a flip candidate?
No — 640 Chagrin River Rd does not appear in our flips dataset.
Is 640 Chagrin River Rd a tax-appeal candidate?
No — 640 Chagrin River Rd 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
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$1.26M
2026 Q4
$1.29M
ZIP 44040 — Median Price History + Forecast

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