NOT LISTED FOR SALE

5552 Reef Rd Mentor On the Lake, OH 44060

Estimated Value: $316,000 - $355,000

4 Beds
3 Baths
2,556 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 5552 Reef Rd, Mentor On the Lake, OH 44060 and is currently estimated at $337,285, approximately $131 per square foot. 5552 Reef Rd is a home located in Lake County with nearby schools including Orchard Hollow Elementary School, Shore Middle School, and Mentor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2014
Sold by
Alsip Paul M and Alsip Jill L
Bought by
Alsip Paul M and Alsip Jill L
Current Estimated Value
$337,285

Purchase Details

Closed on
Jun 21, 2011
Sold by
Sutton Michael R and Sutton Melissa J
Bought by
Alsip Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,614
Outstanding Balance
$114,810
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$222,475

Purchase Details

Closed on
Jun 8, 2007
Sold by
Hud
Bought by
Sutton Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,680
Interest Rate
5.93%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 21, 2006
Sold by
Babic Petar
Bought by
Hud

Purchase Details

Closed on
May 6, 2004
Sold by
Mehta Kersi and Mehta Kamal
Bought by
Babic Petar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,034
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Alsip Paul M -- Enterprise Title
Alsip Paul M $173,000 Enterprise Title Agency Inc
Sutton Michael R $158,400 Lakeside Title & Escrow Agen
Hud $203,852 Accommodation
Babic Petar $186,500 Enterprise Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alsip Paul M $168,614
Previous Owner Sutton Michael R $31,680
Previous Owner Sutton Michael R $126,720
Previous Owner Babic Petar $185,034
Source: Public Records

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
2024 -- $102,800 $21,260 $81,540
2023 $9,669 $75,560 $18,060 $57,500
2022 $4,267 $75,560 $18,060 $57,500
2021 $4,277 $75,560 $18,060 $57,500
2020 $3,945 $61,930 $14,800 $47,130
2019 $3,949 $61,930 $14,800 $47,130
2018 $3,798 $54,110 $12,020 $42,090
2017 $3,656 $54,110 $12,020 $42,090
2016 $3,638 $54,110 $12,020 $42,090
2015 $3,333 $54,110 $12,020 $42,090
2014 $3,373 $54,110 $12,020 $42,090
2013 $3,170 $54,110 $12,020 $42,090
Source: Public Records

Map

Ohio Lake County Mentor-on-the-Lake 44060

5552 Reef Rd, Mentor-on-the-Lake, OH

Not Listed for Sale

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