NOT LISTED FOR SALE

7250 Olde Farm Ln Unit 15R Mentor, OH 44060

Estimated Value: $196,000 - $219,000

2 Beds
1 Bath
1,064 Sq Ft
0.5 Acres

Last Sold October 18, 2012

Last sale price $85,000 $80 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,573/month

6 Days on Market

About This Home

As of October 2012

Nicely located on cul du sac, this ranch condo offers a parklike view from its lovely sunroom. Appliances are newer and the bath has been renovated. Replacement windows. Large garage and plenty of storage space. Warranty included. Located with close access to freeways, shopping and parks.

Last Agent to Sell the Property

Marietta Lipps

Howard Hanna License #2001016844 Listed on: 10/01/2012

Howard Hanna

Last Buyer's Agent

Adam Kaufman

Howard Hanna License #351481

Howard Hanna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1987

Lot Details

  • 0.5

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Community Details

  • $165 Annual Maintenance Fee
  • Maintenance fee includes Association Insurance, Property Management, Reserve Fund, Snow Removal, Trash Removal

Listing and Financial Details

  • Assessor Parcel Number 16C075B000290

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,556

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Style: Ranch
  • Num Of Stories: 1.00
  • Year Built: 1987
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances Equipment: Dishwasher, Wall Oven, Range, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 6
  • Living Area Sq Ft: 1064
  • Estimated Total Living Area: 1064

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Maint Fee Amount: 165.00
  • Maint Fee Freq: Monthly
  • Maint Fee Includes: Association Insurance, Property Management, Reserve Fund, Snow Removal, Trash Removal
  • Maint Provider: Stevens Management Co.

Schools

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

Lot Info

  • Lot Size Area Sq Ft: 21780.0000
  • Lot Size Units: Acres
  • Price Per Acre: 170000.00
  • Acres: 0.5000
  • Parcel Number: 16C075B000290

Tax Info

  • Tax: 1556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
John & Marilyn Meier Revocable Trust and Meier John
Bought by
Meier John A and Meier Marilyn E
Total Days on Market
6
Current Estimated Value
$206,104

Purchase Details

Listed on
Oct 1, 2012
Closed on
Oct 17, 2012
Sold by
Templeton Elaine M
Bought by
Meier John A and Maier Marilyn E
Seller's Agent
Marietta Lipps
Howard Hanna
Buyer's Agent
Adam Kaufman
Howard Hanna
List Price
$98,500
Sold Price
$85,000
Premium/Discount to List
-$13,500
-13.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Dec 11, 2002
Sold by
Fleming and Martha
Bought by
Gorta Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1991
Bought by
Fleming Richard
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
Meier John A -- None Listed On Document
Meier John A $850,000 None Available
Gorta Margaret R $133,000 Executive Title
Fleming Richard $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meier John A $80,000
Previous Owner Gorta Margaret R $104,000
Closed Gorta Margaret R $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2012 10/18/12 Sold $85,000 -13.7% $80 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $98,500 -- $93 / 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 $4,995 $48,070 $15,310 $32,760
2022 $2,326 $48,070 $15,310 $32,760
2021 $1,862 $48,070 $15,310 $32,760
2020 $1,613 $38,460 $12,250 $26,210
2019 $1,615 $38,460 $12,250 $26,210
2018 $1,599 $29,750 $7,000 $22,750
2017 $1,197 $29,750 $7,000 $22,750
2016 $1,189 $29,750 $7,000 $22,750
2015 $1,052 $29,750 $7,000 $22,750
2014 $1,067 $29,750 $7,000 $22,750
2013 $1,069 $29,750 $7,000 $22,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3355117

MLS Now

APN: 16-C-075-B-00-029