NOT LISTED FOR SALE

7532 Monterey Bay Dr Unit 5 Mentor On the Lake, OH 44060

Estimated Value: $260,000 - $279,000

2 Beds
2 Baths
1,378 Sq Ft
$240/mo HOA Fee

Last Sold February 22, 2023

Last sale price $220,000 $160 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,343/month

10 Days on Market

Highlights

  • Water Views
  • Community Lake
  • 2 Car Attached Garage
  • 0.61 Acre Lot
  • 1 Fireplace
  • Patio

About This Home

As of February 2023

Much sought after Monterey Bay Ranch Condo. Open floor plan boasts a Great Room with Vaulted Ceiling, Gas Fireplace and Sliding door leading to Patio. The Kitchen offers plenty of cabinetry, Breakfast Bar & All Appliances. A spacious Master Suite with Private Bath & Walk in Closet. 2nd bedroom & Den/3rd Bedroom. Spacious laundry Room with addition storage. Furnace & A/C New in 2020. Home warranty. This unit has a private fenced patio at front entry. Second patio off Great Room for you to enjoy the Lake Erie Sunsets. Close to All Amenities and ready for you to call HOME!

Last Agent to Sell the Property

Bettie Schmikla

RE/MAX Results License #338507 Listed on: 01/13/2023

RE/MAX Results

Last Buyer's Agent

Keleigh Veraldo-Zucchero

Keller Williams Greater Metropolitan License #2021001993

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 1997

Lot Details

  • 0.61

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Water
  • Park or Greenbelt

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 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

Additional Features

  • Patio
  • Northwest Facing Home

Listing and Financial Details

  • Assessor Parcel Number 19-A-091-J-00-011-0

Community Details

Overview

  • Association fees include insurance, landscaping, property management, reserve fund, snow removal, trash removal
  • Monterey Bay Community
  • Community Lake

Recreation

  • Park

Pet Policy

  • Pets Allowed

Additional Features

  • Shops
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,918

Year Built

Built in 1997

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Condominium
  • Dwelling Type: Attached
  • Style: Ranch
  • Unit Location: End
  • House Faces: Northwest
  • Price Per Square Foot: 159.65
  • Estimated Price per Sq Ft: 159.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1378
  • Year Built: 1997
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Pet Limitations: SEE LISTING AGENT
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 9
  • Basement Detail: Slab
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1378.00
  • Sq Ft Approx Total Finished: 1378.00

Exterior Features

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

Garage/Parking

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

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Gas, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Lake, Park, Shopping/Mall

Condo/Co-op/Association

  • HOA Fees: 240.00
  • HOA Fee Frequency: Monthly
  • Hoa Name: First Realty Property Mgmt
  • Subdivision Complex: Monterey Bay

Fee Information

  • HOA Fee Includes: Association Insurance, Landscaping, Property Management, Reserve Fund, Snow Removal, Trash Removal

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.6100
  • Parcel Number: 19-A-091-J-00-011-0
  • LandLeaseYN: No

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax: 2918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Feb 15, 2023
Sold by
Elizabeth A Mcphillips Declaration Of Tr
Bought by
Richard G Burns Revocable Trust and Donna M Burns Revocable Trust
Seller's Agent
Bettie Schmikla
RE/MAX Results
Buyer's Agent
Keleigh Veraldo-Zucchero
Keller Williams Greater Metropolitan
List Price
$232,000
Sold Price
$220,000
Premium/Discount to List
-$12,000
-5.17%
Views
97
Current Estimated Value
$268,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,288
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Monterey Bay Builders Inc
Bought by
Mcphillips Elizabeth 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
Richard G Burns Revocable Trust $220,000 Title Professionals Group
Mcphillips Elizabeth A $138,700 Conway Land Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $220,000 -5.2% $160 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $232,000 -- $168 / 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 $7,687 $60,070 $10,890 $49,180
2022 $2,912 $60,070 $10,890 $49,180
2021 $2,918 $60,070 $10,890 $49,180
2020 $2,594 $49,240 $8,930 $40,310
2019 $2,596 $49,240 $8,930 $40,310
2018 $2,491 $43,940 $8,050 $35,890
2017 $2,392 $43,940 $8,050 $35,890
2016 $2,380 $43,940 $8,050 $35,890
2015 $2,168 $43,940 $8,050 $35,890
2014 $2,193 $43,940 $8,050 $35,890
2013 $2,061 $43,940 $8,050 $35,890
Source: Public Records

Agents Affiliated with this Home

  • Bettie Schmikla

    Seller's Agent in 2023

    Bettie Schmikla

    RE/MAX

    (440) 537-7653

    4 in this area

    204 Total Sales

    Section Image
  • Keleigh Veraldo-Zucchero

    Buyer's Agent in 2023

    Keleigh Veraldo-Zucchero

    Keller Williams Greater Metropolitan

    (330) 805-0651

    1 in this area

    91 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 4432633

MLS Now

APN: 19-A-091-J-00-011

Ohio Lake County Mentor-on-the-Lake 44060

7532 Monterey Bay Dr Unit 5, Mentor-on-the-Lake, OH

This home is located at 7532 Monterey Bay Dr Unit 5, Mentor On the Lake, OH 44060 since 13 January 2023 and is currently estimated at $271,826, approximately $197 per square foot. This property was built in 1997. 7532 Monterey Bay Dr Unit 5 is a home located in Lake County with nearby schools including Lake 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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