NOT LISTED FOR SALE

7242 Olde Farm Ln Mentor, OH 44060

Estimated Value: $216,000 - $245,000

3 Beds
2 Baths
1,140 Sq Ft
1,655 Sq Ft Lot

Last Sold August 21, 2015

Last sale price $120,000 $105 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,702/month

7 Days on Market

Highlights

  • Park or Greenbelt View
  • Cul-De-Sac
  • Community Playground
  • 2 Car Direct Access Garage
  • Patio
  • Park

About This Home

As of August 2015

Wonderful mentor ranch condo * 3 bedroom - 2 full bath * 2 Car attached garage * Located at the end of a quiet cul-de-sac w/a terrific view of the park * Open concept great room w/dining room & kitchen area w/sliders to patio * New furnace & central air - 2015 * Great value *

Last Agent to Sell the Property

John DeSantis

Howard Hanna License #252416 Listed on: 07/31/2015

Howard Hanna

Last Buyer's Agent

John DeSantis

Howard Hanna License #252416 Listed on: 07/31/2015

Howard Hanna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1987

Lot Details

  • Cul-De-Sac
  • East Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Park or Greenbelt Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 16-C-075-B-00-028-0

Community Details

Overview

  • $175 Annual Maintenance Fee
  • Maintenance fee includes Association Insurance, Exterior Building, Landscaping, Property Management, Reserve Fund, Snow Removal, Trash Removal
  • Farmington Meadows Community

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,983

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Style: Ranch
  • Unit Location: End
  • House Faces: East
  • Price Per Square Foot: 105.26
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1140
  • Year Built: 1987
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1987

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 7
  • Basement Detail: Slab
  • Living Area Sq Ft: 1140
  • Estimated Total Living Area: 1140
  • Estimated Sq Ft: 1140

Exterior Features

  • View: Park
  • Exterior: Vinyl
  • Exterior Features: Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Park, Playground

Condo/Co-op/Association

  • Maint Fee Amount: 175.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Association Insurance, Exterior Building, Landscaping, Property Management, Reserve Fund, Snow Removal, Trash Removal
  • Maint Provider: Stevens Management
  • Subdivision Complex: Farmington Meadows

Schools

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

Lot Info

  • Lot Description: Cul de Sac
  • Lot Size Units: Acres
  • Parcel Number: 16-C-075-B-00-028-0

Tax Info

  • Tax: 1983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2017
Sold by
Grigorescu Gabriel
Bought by
Julianna Kathleen
Total Days on Market
7
Current Estimated Value
$227,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Outstanding Balance
$91,228
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$135,531

Purchase Details

Listed on
Jul 31, 2015
Closed on
Aug 20, 2015
Sold by
Perme Lawrence A
Bought by
Grigorescu Gabriel
Seller's Agent
John DeSantis
Howard Hanna
Buyer's Agent
John DeSantis
Howard Hanna
List Price
$112,900
Sold Price
$120,000
Premium/Discount to List
$7,100
6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Perme Elmer L
Bought by
Perme Lawrence A and The Elmer L Perme Irrevocable Trust

Purchase Details

Closed on
Jan 1, 1990
Bought by
Perme Elmer L
Source: Public Records

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Range of Values:

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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
Julianna Kathleen $143,000 Revere Title
Grigorescu Gabriel $120,000 Enterprise Title Agency Inc
Perme Lawrence A -- None Available
Perme Elmer L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Julianna Kathleen $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $120,000 +6.3% $105 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $112,900 -- $99 / 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 $5,094 $49,020 $15,310 $33,710
2022 $2,316 $49,020 $15,310 $33,710
2021 $2,311 $49,020 $15,310 $33,710
2020 $2,115 $39,220 $12,250 $26,970
2019 $2,117 $39,220 $12,250 $26,970
2018 $2,292 $37,190 $7,000 $30,190
2017 $2,475 $37,190 $7,000 $30,190
2016 $2,285 $37,190 $7,000 $30,190
2015 $1,916 $37,190 $7,000 $30,190
2014 $1,944 $37,190 $7,000 $30,190
2013 $1,946 $37,190 $7,000 $30,190
Source: Public Records

Agents Affiliated with this Home

  • John DeSantis

    Seller's Agent in 2015

    John DeSantis

    Howard Hanna

    (440) 974-7283

    171 Total Sales

    John DeSantis
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3735104

MLS Now

APN: 16-C-075-B-00-028

Ohio Lake County Mentor 44060

7242 Olde Farm Ln, Mentor, OH

This home is located at 7242 Olde Farm Ln, Mentor, OH 44060 since 31 July 2015 and is currently estimated at $227,337, approximately $199 per square foot. This property was built in 1987. 7242 Olde Farm Ln 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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