NOT LISTED FOR SALE

6427 Reynolds Rd Mentor, OH 44060

Estimated Value: $231,000 - $251,094

4 Beds
3 Baths
1,636 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $155,000 $95 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,528/month

34 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Forced Air Heating System
  • 0.92 Acre Lot
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of August 2020

Amazing opportunity to own this rare and desirable multi home property on a large wooded lot in the heart of Mentor. Two residences and a large garage sit on almost 1 acre of this park like parcel. Both units are currently rented bringing more than $1300.00 in income. The original farmhouse was built in 1908 and awaits your personal touches. Enclosed front porch, 3 living areas on the first floor and 3 bedrooms upstairs. The second unit has been completely renovated including a new boiler in February 2019. This unit has a a large living room, kitchen and full bath on the first floor. A light and airy bedroom on the second floor. A large 2 story garage provides plenty of storage. Whether it is for your personal home or an investment do not pass this up!

Last Agent to Sell the Property

Barbara Simkoff

HomeSmart Real Estate Momentum LLC License #2015002622 Listed on: 05/14/2020

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Barbara Simkoff

HomeSmart Real Estate Momentum LLC License #2015002622 Listed on: 05/14/2020

HomeSmart Real Estate Momentum LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 1908

Lot Details

  • 0.92 Acre Lot
  • West Facing Home
  • Unpaved Streets
  • Wooded Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,636 Sq Ft Home
  • 1.5-Story Property
  • Views of Woods
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, gas, heating, pays all, water
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 16-C-080-D-00-012-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,475

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 94.74
  • Estimated Price per Sq Ft: 94.74
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1636
  • Year Built: 1908
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1908

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Wall Oven, Range, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 1636.00
  • Sq Ft Approx Total Finished: 1636.00

Exterior Features

  • View: Wooded
  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Baseboard, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

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

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.9160
  • Parcel Number: 16-C-080-D-00-012-0

Rental Info

  • Owner Pays: Sewer, Trash Collection
  • Tenant Pays: Cable/Electric Link, Gas, Heating, Pays All, Water

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 3
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 11, 2020
Sold by
Rising Mark H and Rising Connie A
Bought by
Whittingham Christopher M
Seller's Agent
Barbara Simkoff
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Barbara Simkoff
HomeSmart Real Estate Momentum LLC
List Price
$168,000
Sold Price
$155,000
Premium/Discount to List
-$13,000
-7.74%
Current Estimated Value
$244,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,524
Avg. Annual Appreciation
9.14%
Original Mortgage
$124,000
Outstanding Balance
$109,997
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$134,527

Purchase Details

Closed on
Feb 4, 2005
Sold by
Church Of God Of The Mountain Assembly O
Bought by
Rising Mark H and Rising Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1997
Sold by
Church Of God Of The Assn Of Cleve
Bought by
Rising Mark H and Rising Jonathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 1, 1990
Bought by
Church Of God Of The Assn
Source: Public Records

Range of Values:

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Average Value
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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
Whittingham Christopher M $155,000 None Available
Rising Mark H $100,000 --
Rising Mark H $100,000 --
Church Of God Of The Assn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whittingham Christopher M $124,000
Previous Owner Rising Mark H $125,000
Previous Owner Rising Mark H $100,000
Closed Rising Mark H $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2020 08/12/20 Sold $155,000 -7.7% $95 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $168,000 -- $103 / 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 -- $86,850 $27,160 $59,690
2023 $7,337 $70,610 $22,290 $48,320
2022 $4,144 $70,610 $22,290 $48,320
2021 $3,534 $70,610 $22,290 $48,320
2020 $2,472 $44,760 $18,890 $25,870
2019 $2,475 $44,760 $18,890 $25,870
2018 $2,530 $44,750 $25,200 $19,550
2017 $2,592 $44,750 $25,200 $19,550
2016 $2,575 $44,750 $25,200 $19,550
2015 $2,305 $44,750 $25,200 $19,550
2014 $2,294 $43,880 $25,200 $18,680
2013 $2,297 $43,880 $25,200 $18,680
Source: Public Records

Agents Affiliated with this Home

  • Barbara Simkoff

    Seller's Agent in 2020

    Barbara Simkoff

    HomeSmart Real Estate Momentum LLC

    (440) 479-4364

    42 Total Sales

    Barbara Simkoff
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Map

Source: MLS Now

MLS Number: 4188630

MLS Now

APN: 16-C-080-D-00-012

Ohio Lake County Mentor 44060

6427 Reynolds Rd, Mentor, OH

This home is located at 6427 Reynolds Rd, Mentor, OH 44060 since 14 May 2020 and is currently estimated at $244,524, approximately $149 per square foot. This property was built in 1908. 6427 Reynolds Rd is a home located in Lake County with nearby schools including Bellflower 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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