NOT LISTED FOR SALE

5341 Richards Dr Mentor, OH 44060

Estimated Value: $299,874 - $325,000

3 Beds
2 Baths
1,889 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $235,000 $124 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,938/month

2 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Orchard Hollow Elementary School Rated A-
  • 2 Car Attached Garage
  • Property is Fully Fenced

About This Home

As of August 2020

Tastefully, updated home in a quiet neighborhood in the highly desirable Mentor school district. You will appreciate the low maintenance laminate and engineered hardwood flooring ran throughout the home. Entertain guests in the open concept kitchen and dining room featuring white cabinetry and brand new appliances. Upstairs you will find 3 generous size bedrooms all with neutral paint and an abundance of natural light. Endless possibilities with a second living space in the lower level accompanied by a second full bathroom. Outside you will enjoy a private, fully fenced in backyard with deck and fire pit. There is truly nothing to do but move right in to this beautiful home.

Last Agent to Sell the Property

Amanda Johnston

Deleted Agent License #2017003743 Listed on: 06/18/2020

Last Buyer's Agent

Mary Kunka

RE/MAX Crossroads Properties License #2018005493

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1974

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100 x 217
  • Property is Fully Fenced

Home Design

  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Lorrey Village Community

Listing and Financial Details

  • Assessor Parcel Number 16-D-109-B-00-055-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,275

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Split Level
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1974
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Wall Oven, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Basement Detail: Crawl, Finished, Partial
  • Laundry Lower: 1
  • Laundry: 1

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck, Storage Shed/Out Bld
  • Fences: Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Lorrey Village

Schools

  • School District: Mentor EVSD

Lot Info

  • Lot Dimensions: 100 x 217
  • Lot Size Units: Acres
  • Acres: 0.4982
  • Parcel Number: 16-D-109-B-00-055-0

Tax Info

  • Tax: 3275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 25, 2020
Sold by
Schroeder Edward J and Schroeder Julie A
Bought by
Farrar Felicia and Farrar Johnathan Alan
Seller's Agent
Amanda Johnston
Deleted Agent
Buyer's Agent
Mary Kunka
RE/MAX Crossroads Properties
List Price
$238,500
Sold Price
$235,000
Premium/Discount to List
-$3,500
-1.47%
Current Estimated Value
$313,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,719
Avg. Annual Appreciation
5.50%
Original Mortgage
$223,250
Outstanding Balance
$197,218
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$116,501

Purchase Details

Closed on
May 2, 2007
Sold by
Mervo Kenneth J
Bought by
Schroeder Edward J and Schroeder Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,700
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 1997
Sold by
Mervo Helen A
Bought by
Mervo Kenneth J

Purchase Details

Closed on
Jan 1, 1990
Bought by
Mervo Kenneth J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Farrar Felicia $235,000 None Available
Schroeder Edward J $185,000 First American Title Ins Co
Mervo Kenneth J -- --
Mervo Kenneth J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrar Felicia $223,250
Previous Owner Schroeder Edward J $27,700
Previous Owner Schroeder Edward J $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $235,000 -1.5% $124 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $238,500 -- $126 / 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
2025 -- $101,400 $13,780 $87,620
2024 -- $101,400 $13,780 $87,620
2023 $7,562 $72,770 $11,620 $61,150
2022 $3,439 $72,770 $11,620 $61,150
2021 $3,434 $72,770 $11,620 $61,150
2020 $3,271 $60,650 $9,690 $50,960
2019 $3,274 $60,650 $9,690 $50,960
2018 $3,254 $52,150 $17,220 $34,930
2017 $2,946 $52,150 $17,220 $34,930
2016 $2,927 $52,150 $17,220 $34,930
2015 $2,612 $52,150 $17,220 $34,930
2014 $2,651 $52,150 $17,220 $34,930
2013 $2,654 $52,150 $17,220 $34,930
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amanda Johnston

    Deleted Agent

  • Mary Kunka

    Buyer's Agent in 2020

    Mary Kunka

    RE/MAX

    (216) 926-7850

    11 in this area

    52 Total Sales

    Mary Kunka
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Map

Source: MLS Now

MLS Number: 4198125

MLS Now

APN: 16-D-109-B-00-055

Ohio Lake County Mentor 44060

5341 Richards Dr, Mentor, OH

Not Listed for Sale

Detached

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