NOT LISTED FOR SALE

5603 Walnut St Mentor On the Lake, OH 44060

Estimated Value: $170,000 - $181,145

2 Beds
1 Bath
1,314 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $150,000 $114 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,093/month

5 Days on Market

Highlights

  • No HOA
  • Privacy Fence
  • Radiator
  • Window Unit Cooling System
  • Wood Burning Fireplace
  • 1-Story Property

About This Home

As of May 2024

Welcome to easy living in this charming 2-bedroom, 1-bathroom ranch tucked away in Mentor-on-the-Lake. This cozy home offers convenience and comfort in a desirable location. Step inside to find a living area with ample natural light and a functional layout featuring two first floor bedrooms, first floor laundry, a full bathroom and the updated kitchen. Finished with modern appliances and containing plenty of cabinet space, the kitchen is ready to be the heart of your home. Recent updates include roof, privacy fence, driveway, patio and more! Enjoy the convenience of main-floor living, along with a spacious backyard perfect for outdoor gatherings and relaxation. With its proximity to Lake Erie, local amenities, and recreational spots, this ranch presents an excellent opportunity for a wonderful new home! Please contact Marcus with all questions NOT Rick.

Last Agent to Sell the Property

Marcus Ezzone

McDowell Homes Real Estate Services Brokerage Email: marcusezzone@mcdhomes.com 440-577-6590 License #2020007163 Listed on: 04/18/2024

McDowell Homes Real Estate Services

Co-Listed By

Rick Bocchieri

McDowell Homes Real Estate Services Brokerage Email: marcusezzone@mcdhomes.com 440-577-6590 License #357767

Last Buyer's Agent

Nicole Peterson

McDowell Homes Real Estate Services License #2016002225

McDowell Homes Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 1920

Lot Details

  • 8,102 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,314 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • The Eighth Salida Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 19-A-093-E-00-046-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,156

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: marcusezzone@mcdhomes.com 440-577-6590
  • Co List Office Phone: 440-205-2000
  • Subdivision Name: The Eighth Salida Sub
  • Above Grade Finished Sq Ft: 1314.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished, Sump Pump
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Back Yard, Chain Link, Privacy
  • Acres: 0.186
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Fireplace(s), Gas, Radiator(s)
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mentor EVSD - 4304

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 19-A-093-E-00-046-0
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2156.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 30, 2024
Sold by
Gavaghan Lana M and Harala Lana M
Bought by
Mascio Anthony
Seller's Agent
Marcus Ezzone
McDowell Homes Real Estate Services
Buyer's Agent
Nicole Peterson
McDowell Homes Real Estate Services
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Views
43
Current Estimated Value
$173,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,786
Avg. Annual Appreciation
9.89%
Original Mortgage
$145,500
Outstanding Balance
$143,671
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$30,115

Purchase Details

Listed on
Oct 14, 2013
Closed on
Mar 19, 2014
Sold by
Formberg Michael T and Formberg Michael
Bought by
Gavaghan Lana M
Seller's Agent
Angie Black
Howard Hanna
Buyer's Agent
Michelle Dinunzio
Deleted Agent
List Price
$74,500
Sold Price
$68,000
Premium/Discount to List
-$6,500
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$54,400
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Sirl Wendy M and Formberg Wendy M
Bought by
Formberg Michael T and Formberg Wendy M

Purchase Details

Closed on
Jul 27, 1995
Sold by
Chinchar Philip A
Bought by
Sirl Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,350
Interest Rate
7.59%
Mortgage Type
FHA
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
Mascio Anthony $150,000 First Source Title
Gavaghan Lana M $68,000 Enterprise Title Agency Inc
Formberg Michael T -- --
Sirl Wendy M $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mascio Anthony $145,500
Previous Owner Gavaghan Lana M $54,400
Previous Owner Sirl Wendy M $61,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $150,000 -6.3% $114 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $160,000 +135.3% $122 / Sq Ft
03/20/2014 03/20/14 Sold $68,000 -8.7% $67 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $74,500 -- $73 / 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
2024 -- $44,210 $13,580 $30,630
2023 $2,155 $37,450 $11,540 $25,910
2022 $1,374 $23,800 $12,690 $11,110
2021 $1,378 $23,800 $12,690 $11,110
2020 $1,547 $23,800 $12,690 $11,110
2019 $1,548 $23,800 $12,690 $11,110
2018 $1,588 $23,800 $12,690 $11,110
2017 $1,632 $23,800 $12,690 $11,110
2016 $1,624 $23,800 $12,690 $11,110
2015 $1,466 $23,800 $12,690 $11,110
2014 $1,867 $29,940 $12,690 $17,250
2013 $1,755 $29,940 $12,690 $17,250
Source: Public Records

Agents Affiliated with this Home

  • Marcus Ezzone

    Seller's Agent in 2024

    Marcus Ezzone

    McDowell Homes Real Estate Services

    (440) 537-3091

    1 in this area

    85 Total Sales

    Marcus Ezzone
    Section Image
  • Rick Bocchieri

    Seller Co-Listing Agent in 2024

    Rick Bocchieri

    McDowell Homes Real Estate Services

    (440) 227-1857

    7 in this area

    350 Total Sales

    Rick Bocchieri
    Section Image
  • Nicole Peterson

    Buyer's Agent in 2024

    Nicole Peterson

    McDowell Homes Real Estate Services

    (440) 683-6580

    7 in this area

    296 Total Sales

    Nicole Peterson
    Section Image

  • N

    Buyer Co-Listing Agent in 2024

    Nya Peterson

    McDowell Homes Real Estate Services

    (440) 488-6291

    2 in this area

    12 Total Sales

    Nya Peterson
    Section Image
  • Angie Black

    Seller's Agent in 2014

    Angie Black

    Howard Hanna

    (440) 840-0773

    47 Total Sales

    Angie Black
    Section Image

  • M

    Buyer's Agent in 2014

    Michelle Dinunzio

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 5031213

MLS Now

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

Ohio Lake County Mentor-on-the-Lake 44060

5603 Walnut St, Mentor-on-the-Lake, OH

Not Listed for Sale

Detached

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