5562 Grace Dr Mentor, OH 44060
Estimated Value: $377,000 - $426,000
4
Beds
3
Baths
2,809
Sq Ft
$142/Sq Ft
Est. Value
About This Home
This home is located at 5562 Grace Dr, Mentor, OH 44060 and is currently estimated at $398,391, 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
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
$118,300
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
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Home Values in the Area
Average Home Value in this Area
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
Map
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