NOT LISTED FOR SALE

5498 Chestnut St Mentor On the Lake, OH 44060

Estimated Value: $137,757

2 Beds
1 Bath
837 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $16,500 $20 Per Sq Ft

Est. 735% increase in value since last sale

Current estimated payment $833/month

10 Days on Market

Highlights

  • Lake View
  • East Facing Home
  • 1-Story Property

About This Home

As of October 2020

There is currently a tear down order from the municipal building department. Zoning inspector has declared that the lot is currently not buildable due to existing regulations.

Last Agent to Sell the Property

Denis Nowacki

Deleted Agent License #2003007159 Listed on: 09/14/2020

Deleted Agent

Last Buyer's Agent

Marietta Lipps

Howard Hanna License #2001016844

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 2,923 Sq Ft Lot
  • East Facing Home
  • Unpaved Streets

Home Design

  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 837 Sq Ft Home
  • 1-Story Property
  • Lake Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil

Community Details

  • Salida 07 Community

Listing and Financial Details

  • Assessor Parcel Number 19-A-093-F-00-046-0

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: East
  • Price Per Square Foot: 19.71
  • Estimated Price per Sq Ft: 19.71
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 837
  • Year Built: 1925
  • Court Ordered Y N: No
  • Geocode Confidence: Low
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1925

Interior Features

  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 837.00
  • Sq Ft Approx Total Finished: 837.00

Exterior Features

  • View: Lake Erie
  • Exterior: Wood
  • Roof: Asphalt/Fiberglass, Flat, Pitched

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Heating Fuel: Oil
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Salida 07

Schools

  • School District: Mentor EVSD
  • School District: Mentor EVSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0671
  • Parcel Number: 19-A-093-F-00-046-0

Tax Info

  • Tax: 1563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 13, 2020
Sold by
U S Bank National Association
Bought by
Reschke Christopher D
Seller's Agent
Denis Nowacki
Deleted Agent
Buyer's Agent
Marietta Lipps
Howard Hanna
List Price
$21,500
Sold Price
$16,500
Premium/Discount to List
-$5,000
-23.26%
Current Estimated Value
$137,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,257

Purchase Details

Closed on
Dec 6, 2018
Sold by
Webb Jonathan L
Bought by
U S Bank National Association and Wachovia Bank National Association

Purchase Details

Closed on
Jul 2, 2009
Sold by
Webb Leslie
Bought by
Webb Jonathan L

Purchase Details

Closed on
Aug 18, 1999
Sold by
Vincent Scott L and Vincent Tina M
Bought by
Webb Jonathan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,448
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 1992
Bought by
Vincent Scott L
Source: Public Records

Range of Values:

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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
Reschke Christopher D $16,500 None Available
U S Bank National Association $14,000 None Available
Webb Jonathan L -- Attorney
Webb Jonathan L $79,500 Real Estate Title
Vincent Scott L $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Jonathan L $79,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $16,500 -23.3% $20 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $21,500 -- $26 / 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
2023 $1,235 $9,650 $9,650 $0
2022 $373 $9,650 $9,650 $0
2021 $374 $5,780 $5,780 $0
2020 $2,045 $19,620 $7,910 $11,710
2019 $1,562 $23,530 $7,910 $15,620
2018 $1,256 $18,810 $7,910 $10,900
2017 $1,701 $18,810 $7,910 $10,900
2016 $1,661 $18,810 $7,910 $10,900
2015 $1,159 $18,810 $7,910 $10,900
2014 $1,173 $18,810 $7,910 $10,900
2013 $1,102 $18,810 $7,910 $10,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Denis Nowacki

    Deleted Agent

    Section Image
  • Marietta Lipps

    Buyer's Agent in 2020

    Marietta Lipps

    Howard Hanna

    (440) 352-9494

    3 in this area

    70 Total Sales

    Marietta Lipps
    Section Image
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Map

Source: MLS Now

MLS Number: 4223703

MLS Now

APN: 19-A-093-F-00-046

Ohio Lake County Mentor-on-the-Lake 44060

5498 Chestnut St, Mentor-on-the-Lake, OH

This home is located at 5498 Chestnut St, Mentor On the Lake, OH 44060 since 14 September 2020 and is currently priced at $137,757, approximately $164 per square foot. This property was built in 1925. 5498 Chestnut St is a home located in Lake County with nearby schools including Lake Elementary School, Shore Middle School, and Mentor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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