NOT LISTED FOR SALE

7927 Richwood Dr Mentor On the Lake, OH 44060

Estimated Value: $221,000 - $261,000

3 Beds
1.5 Baths
1,414 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $199,900 $141 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,585/month

37 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Orchard Hollow Elementary School Rated A-

About This Home

As of September 2021

Welcome home to this cozy bi-level house, nestled on a quiet street in Mentor-on-the-Lake! The well-established neighborhood is perfect for families. Conveniently located near Veteran’s Park, Mentor Beach Park, Mentor on the Lake Branch library, Biggies Ice Cream, etc. This move in ready home features 3 nice sized bedrooms and 1,5 bathrooms. Through the living room is an open dining room/kitchen concept. Cook dinner in an updated kitchen with granite countertops, new appliances, sink and backsplash, that leads to a private deck overlooking a spacious, private, fenced in backyard.
Updates include: New hot water tank in 2016, new dishwasher purchased in 2021, new Furnace/AC unit in 2019, sliding patio door installed in 2021, newer carpeting throughout house, downstairs just replaced in 2020, granite countertops in Kitchen and Bathroom, stone Fire pit and so much more. The seller is including all kitchen and laundry appliances and one year home warranty with America's Preferred. Make this your new home!

Last Agent to Sell the Property

Anastasiya Strugatsky

Keller Williams Living License #2015001033 Listed on: 07/01/2021

Keller Williams Living

Last Buyer's Agent

Lindsey Allan

HomeSmart Real Estate Momentum LLC License #2017003369

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,266

Year Built

  • Built in 1976

Lot Details

  • 8,999

Home Design

  • Split Level Home
  • Asphalt Roof

Interior Spaces

  • 1,414 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Deck
  • 8,999 Sq Ft Lot

Community Details

  • Lakeway Resub 01 Community

Listing and Financial Details

  • Assessor Parcel Number 19-A-092-K-00-003-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,266

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Split Level
  • Price Per Square Foot: 141.37
  • Estimated Price per Sq Ft: 141.37
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1414
  • Year Built: 1976
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1976

Interior Features

  • Appliances Equipment: Cooktop, Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Finished, Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1414.00
  • Sq Ft Approx Total Finished: 1414.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: 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

Condo/Co-op/Association

  • Subdivision Complex: Lakeway Resub 01

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2066
  • Parcel Number: 19-A-092-K-00-003-0

Tax Info

  • Tax: 3266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 21, 2021
Sold by
Schrenk Nicholas J and Schrenk Samantha L
Bought by
Vaughan Katie L
Seller's Agent
Anastasiya Strugatsky
Keller Williams Living
Buyer's Agent
Lindsey Allan
HomeSmart Real Estate Momentum LLC
List Price
$225,000
Sold Price
$199,900
Premium/Discount to List
-$25,100
-11.16%
Current Estimated Value
$245,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,800
Avg. Annual Appreciation
6.34%
Original Mortgage
$193,903
Outstanding Balance
$178,729
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$74,889

Purchase Details

Listed on
Jan 30, 2016
Closed on
Mar 23, 2016
Sold by
Ponti Robert M and Ponti Emily
Bought by
Schrenk Samantha L and Schrenk Nicholas J
Seller's Agent
Robert Ponti
Keller Williams Greater Cleveland Northeast
Buyer's Agent
Robert Ponti
Keller Williams Greater Cleveland Northeast
List Price
$157,500
Sold Price
$156,500
Premium/Discount to List
-$1,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$151,805
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Miller Jill E and Miller Todd M
Bought by
Ponti Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 1993
Bought by
Kolleda Jane E
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
Vaughan Katie L $199,900 Infinity Title
Schrenk Samantha L $155,000 Enterprise Title Agency Inc
Ponti Robert M $159,000 Real Living Title Agency Ltd
Kolleda Jane E $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughan Katie L $193,903
Previous Owner Schrenk Samantha L $151,805
Previous Owner Ponti Robert M $162,450
Previous Owner Ponti Robert M $158,500
Previous Owner Miller Todd M $14,700
Previous Owner Miller Todd M $10,000
Previous Owner Miller Jill E $108,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $199,900 -9.1% $141 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $219,900 +10.0% $156 / Sq Ft
08/04/2021 08/04/21 Price Changed $199,900 -11.2% $141 / Sq Ft
07/01/2021 07/01/21 For Sale $225,000 +43.8% $159 / Sq Ft
03/24/2016 03/24/16 Sold $156,500 -0.6% $111 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $157,500 -- $111 / 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 $7,987 $62,420 $18,200 $44,220
2022 $3,533 $62,420 $18,200 $44,220
2021 $3,541 $62,420 $18,200 $44,220
2020 $3,266 $51,160 $14,920 $36,240
2019 $3,270 $51,160 $14,920 $36,240
2018 $3,024 $41,080 $11,190 $29,890
2017 $2,786 $41,080 $11,190 $29,890
2016 $2,839 $41,080 $11,190 $29,890
2015 $2,598 $41,080 $11,190 $29,890
2014 $2,629 $41,080 $11,190 $29,890
2013 $2,475 $41,080 $11,190 $29,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4293477

MLS Now

APN: 19-A-092-K-00-003