NOT LISTED FOR SALE

7981 Lake Shore Blvd Mentor On the Lake, OH 44060

Estimated Value: $129,347 - $152,000

2 Beds
1 Bath
816 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $105,000 $129 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,104/month

5 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Partially Fenced Property
  • Orchard Hollow Elementary School Rated A-
  • South Facing Home
  • 1-Story Property

About This Home

As of August 2021

Terrific Investment opportunity or downsizing option. 8% ROI, or about $650 monthly cash flow, based on estimated $1000 monthly rent less taxes, insurance, maintenance, water/sewer and admin. Or, downsize into a really affordable 2 bedroom ranch! Updates include: * 2018 Furnace and thermostat * Updated windows * 2018 HWT * 2019 Main electrical panel * 2019 all downspouts * Hot/Cold water garage * Lovely, large back yard * Soon to be MOL POS compliance. Nothing to do: either rake in the cash or relax in simplicity - you can't go wrong!

Last Agent to Sell the Property

Christine Jarrell

All Access Realty License #2019006934 Listed on: 06/16/2021

Last Buyer's Agent

James Patti

Howard Hanna License #2011002671

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1956

Lot Details

  • 8,102 Sq Ft Lot
  • Lot Dimensions are 60 x 135
  • South Facing Home
  • Partially Fenced Property
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Drain

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Ninth Salida Sub Community

Listing and Financial Details

  • Assessor Parcel Number 19-A-094-A-00-031-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 128.68
  • Estimated Price per Sq Ft: 128.68
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 816
  • Year Built: 1956
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 816.00
  • Sq Ft Approx Total Finished: 816.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Drain, Electric, Water Available
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Ninth Salida Sub

Schools

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

Lot Info

  • Lot Dimensions: 60 x 135
  • Lot Size Units: Acres
  • Acres: 0.1860
  • Parcel Number: 19-A-094-A-00-031-0

Tax Info

  • Tax: 1719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 2, 2021
Sold by
Ventura Joseph L
Bought by
Patti John C
Seller's Agent
Christine Jarrell
All Access Realty
Buyer's Agent
James Patti
Howard Hanna
List Price
$95,000
Sold Price
$105,000
Premium/Discount to List
$10,000
10.53%
Current Estimated Value
$144,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,337
Avg. Annual Appreciation
7.85%
Original Mortgage
$101,850
Outstanding Balance
$92,655
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$51,682

Purchase Details

Closed on
Jan 24, 2019
Sold by
Durst Susan R and Walsh Christine C
Bought by
Ventura Joseph L
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
Patti John C $105,000 None Available
Ventura Joseph L $66,000 Northstar Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patti John C $101,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $105,000 +10.5% $129 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $95,000 -- $116 / 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 -- $34,630 $13,580 $21,050
2023 $4,055 $31,690 $11,540 $20,150
2022 $1,814 $31,690 $11,540 $20,150
2021 $1,861 $31,690 $11,540 $20,150
2020 $1,719 $25,980 $9,460 $16,520
2019 $1,721 $25,980 $9,460 $16,520
2018 $1,679 $23,370 $11,350 $12,020
2017 $1,641 $23,370 $11,350 $12,020
2016 $1,633 $23,370 $11,350 $12,020
2015 $1,478 $23,370 $11,350 $12,020
2014 $1,496 $23,370 $11,350 $12,020
2013 $1,408 $23,370 $11,350 $12,020
Source: Public Records

Agents Affiliated with this Home

  • Christine Jarrell

    Seller's Agent in 2021

    Christine Jarrell

    All Access Realty

    (440) 413-0945

    4 in this area

    98 Total Sales

    Christine Jarrell
    Section Image
  • James Patti

    Buyer's Agent in 2021

    James Patti

    Howard Hanna

    (216) 254-3621

    1 in this area

    156 Total Sales

    James Patti
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4289925

MLS Now

APN: 19-A-094-A-00-031

Ohio Lake County Mentor-on-the-Lake 44060

7981 Lake Shore Blvd, Mentor-on-the-Lake, OH

This home is located at 7981 Lake Shore Blvd, Mentor On the Lake, OH 44060 since 16 June 2021 and is currently estimated at $144,337, approximately $176 per square foot. This property was built in 1956. 7981 Lake Shore Blvd 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