NOT LISTED FOR SALE

5562 Grace Dr Mentor, OH 44060

Estimated Value: $393,000 - $404,509

4 Beds
3 Baths
2,809 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 5562 Grace Dr, Mentor, OH 44060 and is currently estimated at $396,877, approximately $141 per square foot. 5562 Grace Dr 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
Sep 25, 2023
Sold by
Marold Lawrence C
Bought by
Marold Anthony L
Current Estimated Value
$396,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Outstanding Balance
$280,091
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$116,786

Purchase Details

Closed on
Apr 30, 2009
Sold by
Chomic James H and Chomic Mary R
Bought by
Marold Lawrence C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2004
Sold by
Irish Terry R and Scott Irish Lauryann
Bought by
Chomic James H and Hauler Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,950
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2000
Sold by
Smith James C and Smith Mary A
Bought by
Irish Terry R and Scott Lauryann D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.24%
Mortgage Type
Balloon

Purchase Details

Closed on
May 26, 1992
Bought by
Smith James C
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
Marold Anthony L $335,000 None Listed On Document
Marold Lawrence C $252,500 Enterprise Title
Chomic James H $268,400 --
Irish Terry R $215,000 Resource Title Agency Inc
Smith James C $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marold Anthony L $287,000
Previous Owner Marold Lawrence C $175,000
Previous Owner Chomic James H $254,950
Previous Owner Irish Terry R $172,000
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 -- $143,030 $14,320 $128,710
2024 -- $143,030 $14,320 $128,710
2023 $10,780 $103,740 $12,100 $91,640
2022 $5,294 $103,740 $12,100 $91,640
2021 $5,283 $103,740 $12,100 $91,640
2020 $5,049 $86,440 $10,080 $76,360
2019 $5,041 $86,440 $10,080 $76,360
2018 $4,931 $79,110 $19,320 $59,790
2017 $4,844 $79,110 $19,320 $59,790
2016 $4,809 $79,110 $19,320 $59,790
2015 $3,962 $79,110 $19,320 $59,790
2014 $4,021 $79,110 $19,320 $59,790
2013 $4,025 $79,110 $19,320 $59,790
Source: Public Records

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