$320,000
SOLD DEC 31, 2013

8115 King Memorial Rd Mentor, OH 44060

25.28 Acres
$12,658 Price per Acre
1,101,197 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

15% Below List Price

33 Days on Market

Highlights

  • View of Trees or Woods
  • Hilly Lot
  • Wooded Lot
  • 25.28 Acre Lot
  • Spring on Lot

About This Lot

As of August 2022

This EXCEPTIONAL HOMESITE is ideal for building that special home with AMAZING VIEWS courtesy of Mother Nature! TWENTY FIVE ACRES of rolling terrain with trees and babbling streams plus squirrels and deer as your neighbors! SECLUDED yet Conveniently Located in Kirtland Hills with a Mentor Zip. So Many Options Available for this lot. See MLS #3440696, #3440697 and #3440699 for LOT SPLIT OPTIONS.

Last Agent to Sell the Property

Joseph Zingales

Berkshire Hathaway HomeServices Professional Realty License #2013000048 Listed on: 09/01/2013

Berkshire Hathaway HomeServices Professional Realty

Co-Listed By

Marie Ernst

Deleted Agent License #237363

Last Buyer's Agent

Darrell McGroarty

Platinum Real Estate License #394600

Platinum Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,050

Lot Details

  • 25.28 Acre Lot
  • Unpaved Streets
  • Hilly Lot
  • Wooded Lot

Utilities

  • Well
  • Septic Tank

Additional Features

  • Views of Woods
  • Spring on Lot

Listing and Financial Details

  • Assessor Parcel Number OR NO APN ASSIGNED

Property Details

Property Type

Land

Est. Annual Taxes

$3,050

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Access: City Street
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Wooded
  • Frontage Feet: 340

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Water/Sewer: Well, Public Water, Public Sewer, Septic
  • Utilities Available: Electric, Gas, Sewer, Water

Schools

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

Lot Info

  • Lot Dimensions: 340 x IRR
  • Irregular Lot Yn: Yes
  • Lot Description: Hillside, Spring/Creek, Wooded/Treed
  • Lot Size Area Sq Ft: 1101197.0000
  • Lot Size Units: Acres
  • Price Per Acre: 12658.23
  • Acres: 25.2800
  • Topography: Cleared, Level, Ravined, Rolling, Sloped, Wooded
  • Parcel Number: TBD OR NO APN ASSIGNED

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 3050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Aug 24, 2022
Sold by
Thompson Jeffrey A and Thompson Gabriella
Bought by
Patel Hareshkumar F and Patel Nilma H
Seller's Agent
Greg Pernus
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$1,055,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,438
Avg. Annual Appreciation
9.64%
Original Mortgage
$400,000
Outstanding Balance
$382,936
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$672,502

Purchase Details

Listed on
Sep 1, 2013
Closed on
Dec 17, 2013
Sold by
Tomazic Anthony J and Tomazic Natalie O
Bought by
Thompson Jeffrey and Thompson Gabriella
Seller's Agent
Joseph Zingales
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Darrell McGroarty
Platinum Real Estate
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$494,000
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 26, 2005
Sold by
Nichols Raymond H
Bought by
Tomazic Anthony J and Tomazic Natalie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,445
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
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
Deed $800,000 Enterprise Title
Warranty Deed $320,000 Enterprise Title Agency Inc
Survivorship Deed $300,000 Accent Ohio Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $100,000 Commercial
Previous Owner $324,000 New Conventional
Previous Owner $494,000 Construction
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $150,445 Purchase Money Mortgage
Previous Owner $129,500 Unknown
Previous Owner $21,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $800,000 -3.0% $190 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $825,000 +3.1% $196 / Sq Ft
06/20/2022 06/20/22 Off Market $800,000 -- --
04/06/2022 04/06/22 For Sale $825,000 +157.8% $196 / Sq Ft
12/31/2013 12/31/13 Sold $320,000 +7.6% $97 / Sq Ft
12/31/2013 12/31/13 Sold $297,500 -20.7% $90 / Sq Ft
10/04/2013 10/04/13 Pending -- -- --
09/16/2013 09/16/13 Pending -- -- --
09/01/2013 09/01/13 For Sale $375,000 +12.4% $114 / Sq Ft
04/08/2013 04/08/13 For Sale $333,740 -- $101 / 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 -- $357,070 $117,010 $240,060
2023 $34,795 $284,250 $85,920 $198,330
2022 $17,314 $284,250 $85,920 $198,330
2021 $17,340 $284,100 $85,770 $198,330
2020 $13,658 $205,630 $76,590 $129,040
2019 $13,670 $205,630 $76,590 $129,040
2018 $16,916 $256,250 $66,010 $190,240
2017 $16,884 $256,250 $66,010 $190,240
2016 $14,269 $218,750 $66,010 $152,740
2015 $14,084 $218,750 $66,010 $152,740
2014 $7,295 $112,000 $112,000 $0
2013 $3,271 $50,170 $50,170 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3440691

MLS Now

APN: 22-A-002-0-00-017