NOT LISTED FOR SALE

7940 Richwood Dr Mentor On the Lake, OH 44060

Estimated Value: $282,872 - $301,000

3 Beds
2.5 Baths
1,988 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $171,000 $86 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,308/month

4 Days on Market

Highlights

  • Health Club
  • Golf Course Community
  • City View
  • Orchard Hollow Elementary School Rated A-
  • Medical Services
  • Colonial Architecture

About This Home

As of June 2017

So much to offer in this Light filled Spacious 3 bedroom, 3 bath Colonial, Master bedroom with double closets and bath! Upscale 4 season Sun Room with Vaulted Ceilings, Trapezoid Windows and gas stove which is just off the Large lst floor Family Room with Brick Fireplace. Bright Living and Dining Room complete with Crown and Chair rail molding, newer laminate Flooring and newer Dining Room Fixture. You’ll love the large eat in kitchen with appliances and pantry! First Floor 12 bath. Full Finished basement, workshop and laundry room. Carrier High Efficiency Furnace & AC, Shed, patio and full privacy shadowbox fence. Beautiful landscaping and 1 year young Drive and Walk Way! One Year Home Owner Warranty.
Make your appointment today….this home won’t last!

Last Agent to Sell the Property

Doree Adams

Deleted Agent License #317456 Listed on: 05/13/2017

Deleted Agent

Last Buyer's Agent

Ashish Patel

Deleted Agent License #2014004094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,231

Year Built

  • Built in 1975

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • North Facing Home
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,988 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 19-A-092-K-00-020-0

Community Details

Overview

  • Lakeway Resub 01 Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,231

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 86.02
  • Estimated Price per Sq Ft: 86.02
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1988
  • Year Built: 1975
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1975

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Dryer, Garbage Disposal, Wall Oven, Range, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 14
  • Basement Detail: Finished, Full
  • Sq Ft Approx Above Grade Finished: 1988.00
  • Sq Ft Approx Total Finished: 1988.00

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Exterior Features: Enclosed Patio/Porch, Patio, Storage Shed/Out Bld
  • Fences: Full, Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Golf Available, Health Club, Laundromat, Medical Service, Park, Playground, Pool, Shopping/Mall, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Lakeway Resub 01

Schools

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

Lot Info

  • Lot Dimensions: 60 x 150
  • Lot Size Units: Acres
  • Acres: 0.2066
  • Parcel Number: 19-A-092-K-00-020-0

Tax Info

  • Tax: 3231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2017
Closed on
Jun 29, 2017
Sold by
John Wang Yao Feng and Yang Wang Sue Shwu Ling
Bought by
Rana Vipul Kumar and Rana Hemlata
Seller's Agent
Doree Adams
Deleted Agent
Buyer's Agent
Ashish Patel
Deleted Agent
List Price
$174,900
Sold Price
$171,000
Premium/Discount to List
-$3,900
-2.23%
Current Estimated Value
$292,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,468
Avg. Annual Appreciation
6.76%
Original Mortgage
$136,800
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2016
Sold by
Wang Yao Feng and Wang Shwu Ling
Bought by
Wang Yao Feng John and Wang Sue Shwu Ling

Purchase Details

Listed on
May 8, 2014
Closed on
Oct 6, 2014
Sold by
Fannie Mae
Bought by
Wang Yao Feng and Wang Shwu Ling
Seller's Agent
Doree Adams
Deleted Agent
Buyer's Agent
Doree Adams
Deleted Agent
List Price
$164,900
Sold Price
$132,000
Premium/Discount to List
-$32,900
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$105,600
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 11, 2014
Sold by
Salopek Joseph M and Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2013
Sold by
Salopek Nicole
Bought by
Salopek Joseph M

Purchase Details

Closed on
Aug 14, 2006
Sold by
Wright Troy A and Wright Lynn M
Bought by
Salopek Joseph M and Salopek Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,475
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 14, 2005
Sold by
Cagnina Anthony and Cagnina Judy
Bought by
Wright Troy A and Wright Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1999
Sold by
White Olive V
Bought by
Cagnina Anthony and Porter Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.05%

Purchase Details

Closed on
Jun 27, 1991
Bought by
White Olive
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rana Vipul Kumar $170,000 Enterprise Title Agency
Wang Yao Feng John -- None Available
Wang Yao Feng -- Omega Title Agency Llc
Federal National Mortgage Association $62,000 None Available
Salopek Joseph M -- None Available
Salopek Joseph M $180,500 First American Title
Wright Troy A $167,500 --
Cagnina Anthony $140,000 Midland Title Security Inc
White Olive -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rama Vipulkumar $130,000
Closed Rana Vipul Kumar $136,800
Previous Owner Wang Yao Feng $105,600
Previous Owner Salopek Joseph M $27,475
Previous Owner Salopek Joseph M $144,000
Previous Owner Wright Troy A $150,750
Previous Owner Cagnina Anthony $111,000
Previous Owner Cagnina Anthony $28,000
Previous Owner Cagnina Anthony $15,225
Previous Owner Cagnina Anthony $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $171,000 -2.2% $86 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $174,900 +32.5% $88 / Sq Ft
10/10/2014 10/10/14 Sold $132,000 -20.0% $66 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $164,900 -- $83 / 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 -- $87,300 $21,440 $65,860
2023 $8,723 $68,170 $18,200 $49,970
2022 $3,854 $68,170 $18,200 $49,970
2021 $3,863 $68,170 $18,200 $49,970
2020 $3,564 $55,880 $14,920 $40,960
2019 $3,567 $55,880 $14,920 $40,960
2018 $3,559 $47,980 $11,190 $36,790
2017 $3,247 $47,980 $11,190 $36,790
2016 $3,231 $47,980 $11,190 $36,790
2015 $2,956 $47,980 $11,190 $36,790
2014 $3,071 $47,980 $11,190 $36,790
2013 $2,811 $47,980 $11,190 $36,790
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Doree Adams

    Deleted Agent

    Section Image

  • A

    Buyer's Agent in 2017

    Ashish Patel

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3903165

MLS Now

APN: 19-A-092-K-00-020

Ohio Lake County Mentor-on-the-Lake 44060

7940 Richwood Dr, Mentor-on-the-Lake, OH

This home is located at 7940 Richwood Dr, Mentor On the Lake, OH 44060 since 13 May 2017 and is currently estimated at $292,468, approximately $147 per square foot. This property was built in 1975. 7940 Richwood Dr is a home located in Lake County with nearby schools including Orchard Hollow 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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes