NOT LISTED FOR SALE

7240 Olde Farm Ln Mentor, OH 44060

Mentor Area

Estimated Value: $189,000 - $266,000

3 Beds
2 Baths
1,309 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: January 19, 2024

Last sale price $219,000 $167 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,837 / mo

10 Days on Market

Highlights

  • Waterfront
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Public Transportation
  • Dogs and Cats Allowed

About This Home

As of January 2024

Introducing a captivating 3-bed ranch condo in the sought-after Farmington Meadows subdivision. A spacious living room with vaulted ceilings and a cozy gas fireplace welcomes you. The upgraded kitchen(2023) shines with modern cabinets, countertops, and hardwood floors.
Adjacent to the kitchen, a delightful dinette area opens to a heated sunroom with serene views of the backyard and Bellflower Park Lake.
The master suite offers a private haven with a stylish bathroom. Both baths have been upgraded in 2023.
Meticulously maintained and updated, this home boasts newer windows (excluding sunroom), hot water heater, furnace, fresh paint, and improved electric heating in the sunroom. Modern fixtures, door knobs, and plush carpet complete the interior.
Experience comfortable living where modern convenience meets timeless charm in this exceptional condo, a perfect retreat for you and your loved ones.

Last Agent to Sell the Property

Judie Crockett

Howard Hanna Brokerage Email: judie@thecrockettteam.com (440) 974-7444 License #260224 Listed on: 12/01/2023

Howard Hanna

Last Buyer's Agent

Lisa Sisko

Keller Williams Greater Metropolitan License #2012000383

Keller Williams Greater Metropolitan
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 1987

Lot Details

  • Waterfront

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,309 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16-C-075-B-00-027-0

Community Details

Overview

  • Association fees include management, ground maintenance, maintenance structure, reserve fund, snow removal, trash
  • Farmington Meadows Subdivision

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Public Transportation
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,393

Year Built

Built in 1987

Lot Details

0.45 Acres

HOA Fees

$240 per month

Parking

2

Listing Details

  • MLS Status: Closed
  • Standard Status: Closed
  • Property Type: Residential
  • Property Subtype: Condominium
  • Year Built: 1987
  • Attribution Contact: judie@thecrockettteam.com (440) 974-7444
  • ResoLotFeatures: Waterfront
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Fee Includes: Association Management, Maintenance Grounds, Maintenance Structure, Reserve Fund, Snow Removal, Trash
  • Subdivision Name: Farmington Meadows
  • Above Grade Finished Sq Ft: 1309.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplaces: 1
  • Basement: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.45
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association #2 Fee: 240.0
  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: Mentor EVSD - 4304

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 16-C-075-B-00-027-0
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Cats OK, Dogs OK

Tax Info

  • Tax Annual Amount: 2393.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 12, 2024
Sold by
Mchugh Robin
Bought by
Seller's Agent
Judie Crockett
Howard Hanna
Buyer's Agent
Lisa Sisko
Keller Williams Greater Metropolitan
List Price
$226,500
Sold Price
$219,000
Premium/Discount to List
-$7,500
-3.31%
Views
454
Current Estimated Value
$244,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,905
Avg. Annual Appreciation
4.33%
Original Mortgage
$179,200
Outstanding Balance
$174,599
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$70,306

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 28, 2022
Sold by
Walsh Colleen
Bought by
Mchugh Robin
Seller's Agent
Bettie Schmikla
RE/MAX Results
Buyer's Agent
Timothy McMahon
PWG Real Estate, LLC.
List Price
$209,900
Sold Price
$215,750
Premium/Discount to List
$5,850
2.79%
Views
136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%

Purchase Details

Listed on
Mar 31, 2020
Closed on
May 18, 2020
Sold by
Abbott Steven P and Jasinski Elise
Bought by
Walsh Colleen
Seller's Agent
Michael Kaim
Real of Ohio
Buyer's Agent
Gina Meyer
McDowell Homes Real Estate Services
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$85,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2011
Sold by
Kipp Julia
Bought by
Abbott Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1991
Bought by
Kipp Albert
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$224,000 None Listed On Document
Mchugh Robin $215,800 Title Professional
Walsh Colleen $169,900 Title Professionals Group
Abbott Steven P $108,000 Emerald Glen Title Agency
Kipp Albert $82,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $179,200
Closed Mchugh Robin $170,400
Previous Owner Walsh Colleen $85,000
Previous Owner Abbott Steven P $80,700
Previous Owner Abbott Steven P $20,000
Previous Owner Abbott Steven P $86,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2024 01/19/24 Sold $219,000 0.0% $167 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/10/2023 12/10/23 Price Changed $219,000 -3.3% $167 / Sq Ft
12/01/2023 12/01/23 For Sale $226,500 +5.0% $173 / Sq Ft
10/28/2022 10/28/22 Sold $215,750 +2.8% $165 / Sq Ft View Prior Sale
09/19/2022 09/19/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $209,900 +23.5% $160 / Sq Ft
05/18/2020 05/18/20 Sold $169,900 0.0% $149 / Sq Ft View Prior Sale
04/05/2020 04/05/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $169,900 -- $149 / Sq Ft
Source: MLS Now (Howard Hanna)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $61,440 $17,640 $43,800
2024 -- $61,440 $17,640 $43,800
2023 $5,262 $50,640 $15,310 $35,330
2022 $2,393 $50,640 $15,310 $35,330
2021 $2,387 $50,640 $15,310 $35,330
2020 $3,387 $40,510 $12,250 $28,260
2019 $2,187 $40,510 $12,250 $28,260
2018 $2,177 $37,770 $7,000 $30,770
2017 $2,134 $37,770 $7,000 $30,770
2016 $2,120 $37,770 $7,000 $30,770
2015 $1,892 $37,770 $7,000 $30,770
2014 $1,920 $37,770 $7,000 $30,770
2013 $1,922 $37,770 $7,000 $30,770
Source: Public Records

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4507322

MLS Now (Howard Hanna)

APN: 16-C-075-B-00-027-0

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