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7116 Victoria Drive

7116 Victoria Drive, Mentor, OH 44060
Sold May 06, 2022
$205,000
$198,850 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2052
Sold Sep 23, 2016
$123,500
$988,000 by Crosscountry Mortgage Inc
Mortgage Due Oct 01, 2046
7116 Victoria Drive in Mentor, OH was first built in 1988 and is 36 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7116 Victoria Drive has 1,288 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,050. In total, the area measurement of the land is 5,249 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 260 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7116 Victoria Drive sold most recently in May 2, 2022 for a total of $205,000. If you work out the math, that's approximately a cost of $159.16 per sqft. Before that, the property was also sold for $123,500 in Sep 22, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,529 in taxes each year. 7116 Victoria Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,190. If we break it down further, the land itself was valued at $15,630. Improvements to the property, however, were assessed at a total of $39,560. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,249
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,288
  • Gross Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,288
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MENTOR VIEW SUBDIVISION
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PHELPS LOT TRACT 5

Ownership

  • Current Owner : HESS CONNOR
  • Current Owner 2: ROSEN CARA
  • Previous Owner : FLORJANCIC
  • Previous Owner 2: REBECCA
  • Owner Before Previous Owner: CHEN SHIQI
  • Owner Before Previous Owner 2: WANG DEYUAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mentor Exempted Village School District
  • Census Tract: 203500

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 016-053B-00
  • Subdivision Tract Number: 5
  • Parcel: 16-B-053-B-00-063-0
  • Lot: 8
  • Municipality: MENTOR CITY
  • Latitude: 41.6769
  • Longitude: -81.3156

    Address

  • Full Address: 7116 Victoria Dr
  • Address - House Number: 7116
  • Address - Street Name: Victoria
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Mentor
  • Carrier Code: C067
  • 4-Digit Zip Code: 4423
  • Zip Code: 44060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,529
  • Tax Rate Code Area: 16

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 224,581
  • High Value: 271,726
  • Low Value: 177,437

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,850
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 06, 2022
  • First Open Lien Mortgage Loan Amount: $198,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $157,690
  • Market Land Value: $44,650
  • Market Improvement Value: $113,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,190
  • Assessed Land Value: $15,630
  • Assessed Improvements Value: $39,560

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Transaction ID: 11889495448
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13307
  • Previous Sale Recording Date: Sep 23, 2016
  • Previous Sale Contract Date: Sep 22, 2016
  • Previous Sale Amount: $123,500
  • Previous Sale Document Type: Survivorship Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 06, 2022
  • First Mortgage Loan Amount: $198,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 23, 2016
  • Previous Mortgage Loan Amount: $988,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Mentor View North



Similar Buildings

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Nearby Rentals

Unit for rent at 7950 Mentor Ave, Mentor, OH, 44060

$1,075 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
7950 Mentor Ave #7950 Mentor Ave, Mentor, OH, 44060 Listing by Manager

Frequently Asked Questions

What neighborhood is 7116 Victoria Drive located in?
The 7116 Victoria Drive is a located in the neighborhood of Mentor View North in Mentor View North, Mentor.
What is the average sales price for listings in 7116 Victoria Drive?
The average sales price for units in 7116 Victoria Drive is $0 currently.

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