$92,000
SOLD DEC 26, 2018

7428 Texas Ave Mentor, OH 44060

5 Beds
2 Baths
2,062 Sq Ft
0.51 Acres

Recently Sold

$45 Per Sq Ft

23% Above List Price

8 Days on Market

Highlights

  • Above Ground Pool
  • No HOA
  • Forced Air Heating and Cooling System
  • Deck
  • 1 Car Attached Garage
  • Privacy Fence

About This Home

As of June 2020

Investors take note. This property is loaded with potential. This 2,000+ square foot, five bedroom 2 bath home could be a 3 bedroom home with a 2 bedroom in-law suite, as it is currently set up. The possibilities are endless but will need some work. This property also has a workshop and a storage shed. Make an appointment today to view this home.

Last Agent to Sell the Property

Barry Kifus

McDowell Homes Real Estate Services License #2005008316 Listed on: 11/19/2018

McDowell Homes Real Estate Services

Last Buyer's Agent

Scott Parker

Deleted Agent License #2012001610

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 100x220
  • Privacy Fence
  • Wood Fence

Parking

  • 1 Car Attached Garage
  • Unpaved Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Western Park 03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-C-073-C-00-006-0

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1956
  • ResoPoolFeatures: Above Ground
  • Subdivision Name: Western Park 03
  • Above Grade Finished Sq Ft: 2062.0
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Main Level Bathrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Privacy, Wood
  • Acres: 0.5051
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Unpaved

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mentor EVSD - 4304

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 16-C-073-C-00-006-0
  • Lot Dimensions: 100x220
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2691.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 18, 2020
Sold by
Jj Real Estate Solutions Llc
Bought by
Welch Cameron M
Seller's Agent
Jenna Johnson
WhiteStone Real Estate
Buyer's Agent
Doree Adams
Deleted Agent
List Price
$249,900
Sold Price
$241,000
Premium/Discount to List
-$8,900
-3.56%
Current Estimated Value
$326,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,613
Avg. Annual Appreciation
5.93%
Original Mortgage
$236,634
Outstanding Balance
$209,758
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$116,855

Purchase Details

Closed on
Jan 22, 2020
Sold by
Eb Pinacle Properties Llc
Bought by
Jj Real Estate Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 19, 2018
Closed on
Dec 20, 2018
Sold by
Andesite Residential Opportunity Fund Ll
Bought by
Eb Pinnacle Properties Llc
Seller's Agent
Barry Kifus
McDowell Homes Real Estate Services
Buyer's Agent
Scott Parker
Deleted Agent
List Price
$74,900
Sold Price
$92,000
Premium/Discount to List
$17,100
22.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.61%
Original Mortgage
$110,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2018
Sold by
Pattison Candace
Bought by
Andesite Residential Opportunity Fund Ll

Purchase Details

Closed on
May 30, 2006
Sold by
Lang Karl A
Bought by
Singleton Keith D and Pattison Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,620
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1990
Bought by
Lang Karl A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $241,000 Fidelity National Title
Warranty Deed $102,000 None Available
Warranty Deed $92,000 Ohio Real Title
Sheriffs Deed $104,000 None Available
Warranty Deed $176,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,634 FHA
Previous Owner $91,800 Commercial
Previous Owner $110,000 Commercial
Previous Owner $174,620 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $241,000 -3.6% $117 / Sq Ft View Prior Sale
05/23/2020 05/23/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $249,900 +171.6% $121 / Sq Ft
12/26/2018 12/26/18 Sold $92,000 +22.8% $45 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $74,900 -- $36 / 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 -- $104,690 $23,590 $81,100
2023 $8,530 $82,090 $19,300 $62,790
2022 $3,972 $82,090 $19,300 $62,790
2021 $3,953 $82,090 $19,300 $62,790
2020 $3,131 $56,690 $16,360 $40,330
2019 $6,543 $56,690 $16,360 $40,330
2018 $2,143 $52,380 $23,680 $28,700
2017 $2,961 $52,380 $23,680 $28,700
2016 $3,039 $52,380 $23,680 $28,700
2015 $2,625 $52,380 $23,680 $28,700
2014 $2,597 $51,060 $23,680 $27,380
2013 $2,600 $51,060 $23,680 $27,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4054468

MLS Now

APN: 16-C-073-C-00-006