NOT LISTED FOR SALE

7347 Reynolds Rd Mentor, OH 44060

Estimated Value: $291,000 - $321,418

3 Beds
2 Baths
2,976 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $115,000 $39 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,763/month

42 Days on Market

About This Home

As of October 2020

This property is being sold as part of a Chapter 7 BANKRUPTCY ESTATE. Case # 18-10514 in the United States Bankruptcy Court, Northern District of Ohio.

Interior tours of the property are not likely to be available. Buyers will be making offers on an “AS-IS and WHERE-IS” basis. Trustee is exempt from making any Property Disclosures and has no knowledge of the condition of the property. If property is occupied, Trustee will not evict the tenant prior to title transfer, this will be buyer’s responsibility. Form Purchase Agreement and Title Commitment are available in the attachment section of the MLS. Transaction is subject to Court Approval. Please use Trustee’s form Purchase Agreement to present offers.

Property is shown on County Records as a 2-family property type; Property has 3 rental units

Last Agent to Sell the Property

Eric Silver

Ag Real Estate Group, Inc. License #322905 Listed on: 05/21/2020

Co-Listed By

Laurie Martinez

Ag Real Estate Group, Inc. License #2016005582

Last Buyer's Agent

Phillip Savelli

Deleted Agent License #2015002055

Deleted Agent

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 0.72 Acre Lot
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,976 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 3 Units
  • Mentor Township Blake Community

Listing and Financial Details

  • Assessor Parcel Number 16-C-070-0-00-015-0

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 38.64
  • Estimated Price per Sq Ft: 38.64
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 1.50
  • Total Sq Ft: 2976
  • Year Built: 1925
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 2976.00
  • Sq Ft Approx Total Finished: 2976.00

Exterior Features

  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Mentor Township Blake

Schools

  • School District: Mentor EVSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.7151
  • Parcel Number: 16-C-070-0-00-015-0

Multi Family

  • Num Of Buildings: 2
  • Number of Units: 3

Tax Info

  • Tax: 4217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Flippinglakecounty Ltd
Bought by
As Property Holdings Ltd
Current Estimated Value
$312,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$181,075
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$131,280

Purchase Details

Closed on
Jun 10, 2021
Sold by
Flippinglakecounty Ltd
Bought by
As Property Holdings Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$181,075
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$131,280

Purchase Details

Closed on
Jan 18, 2013
Sold by
Nathan Properties Llc
Bought by
Nathan Properties Llc

Purchase Details

Closed on
Dec 29, 2011
Sold by
Heisley Hopkins Inc
Bought by
Nathan Properties Llc

Purchase Details

Closed on
Dec 29, 2010
Sold by
Troha Regina M and Martin Ronald L
Bought by
Heisley Hopkins Inc

Purchase Details

Closed on
Oct 25, 2005
Sold by
Oehlenschlager Esther and Oelenschlager Thomas F
Bought by
Troha Regina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Keys Larry A
Bought by
Nicholson Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.18%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Keys Larry A
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
As Property Holdings Ltd -- None Available
As Property Holdings Ltd -- None Listed On Document
Nathan Properties Llc -- None Available
Nathan Properrities Llc -- None Available
Nathan Properties Llc -- Lake County Title Llc
Heisley Hopkins Inc $110,000 Lake County Title Llc
Troha Regina M $215,000 Progressive Land Title
Nicholson Nick $170,000 Insignia Title Agency Ltd
Keys Larry A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open As Property Holdings Ltd $200,000
Previous Owner Troha Regina M $193,500
Previous Owner Nicholson Nick $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $115,000 -8.0% $39 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $125,000 0.0% $42 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $125,000 0.0% $42 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $125,000 -- $42 / 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 $1,502 $95,300 $33,300 $62,000
2023 $1,502 $40,250 $27,290 $12,960
2022 $2,007 $40,250 $27,290 $12,960
2021 $2,007 $90,000 $27,290 $62,710
2020 $9,722 $76,270 $23,130 $53,140
2019 $4,217 $76,270 $23,130 $53,140
2018 $8,309 $64,230 $27,360 $36,870
2017 $3,720 $64,230 $27,360 $36,870
2016 $3,696 $64,230 $27,360 $36,870
2015 $3,308 $64,230 $27,360 $36,870
2014 $3,272 $62,580 $27,360 $35,220
2013 $2,995 $57,220 $22,000 $35,220
Source: Public Records

Agents Affiliated with this Home

  • Eric Silver

    Seller's Agent in 2020

    Eric Silver

    Ag Real Estate Group, Inc.

    (216) 504-5000

    2 in this area

    10 Total Sales

    Eric Silver
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Laurie Martinez

    Ag Real Estate Group, Inc.

    (216) 504-5000

    1 in this area

    4 Total Sales

    Laurie Martinez
    Section Image

  • P

    Buyer's Agent in 2020

    Phillip Savelli

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4190653

MLS Now

APN: 16-C-070-0-00-015

Ohio Lake County Mentor 44060

7347 Reynolds Rd, Mentor, OH

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