NOT LISTED FOR SALE

5894 Lake Rd Mentor On the Lake, OH 44060

Estimated Value: $152,000 - $202,721

2 Beds
1.5 Baths
1,256 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $35,500 $28 Per Sq Ft

Est. 445% increase in value since last sale

Current estimated payment $1,502/month

3 Days on Market

Highlights

  • Lake View
  • Colonial Architecture
  • 1 Fireplace
  • 0.45 Acre Lot
  • Community Lake
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

Single family home on a dead end street to Lake Erie.
Mentor on the lake. HUGE backyard!

Last Agent to Sell the Property

Daniel Cull

Progressive Urban Real Estate Co License #2005013985 Listed on: 04/17/2020

Last Buyer's Agent

Lori Cerutti

McDowell Homes Real Estate Services License #2016005258

McDowell Homes Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 0.45 Acre Lot
  • Street terminates at a dead end
  • East Facing Home
  • Chain Link Fence
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Lake Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Salida 01 Community
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 19-A-089-F-00-004-0

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: East
  • Price Per Square Foot: 28.26
  • Estimated Price per Sq Ft: 28.26
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1256
  • Year Built: 1915
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1915

Interior Features

  • Appliances Equipment: Dishwasher
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1256.00
  • Sq Ft Approx Total Finished: 1256.00

Exterior Features

  • View: Lake Erie
  • Exterior: Aluminum
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Lake

Condo/Co-op/Association

  • Subdivision Complex: Salida 01

Schools

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

Lot Info

  • Lot Description: Dead End Street
  • Lot Size Units: Acres
  • Acres: 0.4545
  • Parcel Number: 19-A-089-F-00-004-0

Tax Info

  • Tax: 2198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Beck Brothers Construction Llc
Bought by
Phelps James
Current Estimated Value
$193,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Outstanding Balance
$157,093
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$31,397

Purchase Details

Closed on
Apr 29, 2022
Sold by
Michael Howley Shaun and Michael Cheryl
Bought by
Beck Brothers Construction Llc

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 4, 2020
Sold by
Cull Dan and Cull Natalie
Bought by
Howley Shaun Michael
Seller's Agent
Daniel Cull
Progressive Urban Real Estate Co
Buyer's Agent
Lori Cerutti
McDowell Homes Real Estate Services
List Price
$39,900
Sold Price
$35,500
Premium/Discount to List
-$4,400
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.19%

Purchase Details

Closed on
Feb 24, 2020
Sold by
U S Bank National Association
Bought by
Cull Dan

Purchase Details

Closed on
Mar 15, 2019
Sold by
Ross Thomas
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 31, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ross Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2003
Sold by
Wanchisn Jay P and Standard Federal Bank
Bought by
Federal Home Loan Mortgage Corporation
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
Phelps James $170,000 Lake County Title
Beck Brothers Construction Llc $60,000 Lake County Attorneys Title
Howley Shaun Michael $35,500 Enterprise Title Agency Inc
Cull Dan $20,500 None Available
U S Bank National Association $83,200 None Available
Ross Thomas $70,000 --
Federal Home Loan Mortgage Corporation $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps James $161,500
Previous Owner Ross Ii Thomas $92,000
Previous Owner Ross Ii Thomas $23,000
Previous Owner Ross Ii Thomas $115,000
Previous Owner Ross Ii Thomas $25,953
Previous Owner Ross Thomas $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $35,500 -11.0% $28 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $39,900 -- $32 / 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 $5,364 $41,920 $16,330 $25,590
2022 $2,603 $41,920 $16,330 $25,590
2021 $2,829 $41,920 $16,330 $25,590
2020 $2,261 $34,370 $13,390 $20,980
2019 $2,036 $34,370 $13,390 $20,980
2018 $2,415 $33,460 $15,590 $17,870
2017 $2,277 $33,460 $15,590 $17,870
2016 $2,265 $33,460 $15,590 $17,870
2015 $2,061 $33,460 $15,590 $17,870
2014 $2,086 $33,460 $15,590 $17,870
2013 $1,960 $33,460 $15,590 $17,870
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Daniel Cull

    Progressive Urban Real Estate Co

    (216) 224-1131

    16 Total Sales

    Section Image
  • Lori Cerutti

    Buyer's Agent in 2020

    Lori Cerutti

    McDowell Homes Real Estate Services

    (440) 862-3639

    10 in this area

    398 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 4182000

MLS Now

APN: 19-A-089-F-00-004

Ohio Lake County Mentor-on-the-Lake 44060

5894 Lake Rd, Mentor-on-the-Lake, OH

This home is located at 5894 Lake Rd, Mentor On the Lake, OH 44060 since 17 April 2020 and is currently estimated at $188,180, approximately $149 per square foot. This property was built in 1915. 5894 Lake Rd 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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