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7880 Low Ridge Lane

7880 Low Ridge Lane, Mentor, OH 44060
Sold May 28, 2020
$180,000
Sold Dec 31, 1996
$112,000
$87,000 by Republic Sav Bank
Mortgage Due Dec 31, 2011
Local assessors in Mentor, OH have categorized 7880 Low Ridge Lane as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 82,764 square feet. The linear feet between the front and back of the lot was measured at 3,000 ft and the front of the lot was measured at 2,520 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7880 Low Ridge Lane has a total of 1,378 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 260 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7880 Low Ridge Lane was last sold in May 18, 2020 for $180,000. According to our calculations, that's $130.62 per sqft. Prior to that sales transaction, the property was sold for $112,000 in Dec 31, 1996. Current property owners are expected to pay $3,304 in taxes per year. The property on 7880 Low Ridge Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $72,010. To break that down further, the land itself was valued at $27,840. While improvements to the property were assessed at a total of $44,170. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 82,764
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 2,520
  • Total Building Area: 1,378
  • Gross Building Area: 1,444
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,378
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MENTOR RIDGE FARMS
  • Land Acres: 1.9
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: LOT 1, 2 & 3 TRACT 1 LOT 4 & 5 TRACT 1 PART OF S/L 6

Ownership

  • Current Owner : GERMANO ANTHONY MICHAEL
  • Previous Owner : ROZIC RICHARD J
  • Previous Owner 2: DIKINA ANNA
  • Owner Before Previous Owner: HELEN A KUCHAR TRST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mentor Exempted Village School District
  • Census Tract: 203400

Zoning

  • Zoning: R-4

Geography

  • Assessors Map Reference: 016-016B-00
  • Subdivision Tract Number: 1
  • Parcel: 16-A-016-B-00-023-0
  • Block: 5
  • Lot: 6
  • Municipality: MENTOR CITY
  • Latitude: 41.6558
  • Longitude: -81.3235

    Address

  • Full Address: 7880 Low Ridge Ln
  • Address - House Number: 7880
  • Address - Street Name: Low Ridge
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Mentor
  • Carrier Code: C024
  • 4-Digit Zip Code: 6926
  • Zip Code: 44060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,304
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 267,701
  • High Value: 321,958
  • Low Value: 213,444

    Market Valuation

  • Market Total Value: $205,740
  • Market Land Value: $79,530
  • Market Improvement Value: $126,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,010
  • Assessed Land Value: $27,840
  • Assessed Improvements Value: $44,170

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Transaction ID: 11776625387
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R013671
  • Previous Sale Recording Date: Dec 31, 1996
  • Previous Sale Contract Date: Dec 31, 1996
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: May 28, 2020
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: REPUBLIC SAV BANK
  • Previous Mortgage Transaction Date: Dec 31, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $87,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 31, 2011

About Mentor Ridge Farms



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Frequently Asked Questions

What neighborhood is 7880 Low Ridge Lane located in?
The 7880 Low Ridge Lane is a located in the neighborhood of Mentor Ridge Farms in Mentor Ridge Farms, Mentor.
What is the average sales price for listings in 7880 Low Ridge Lane?
The average sales price for units in 7880 Low Ridge Lane is $0 currently.

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