1 / 1
Sold in 37 Days
6617 N Palmerston Dr, Mentor, OH, 44060
Closed On : Fri May 31 2024
$475,000
Sold At Asking
List Price : $475,000
4 Bedrooms
3 Full Baths, 1 Partial
4,120 SqFt
House
Schools Nearby
Location
Comparable Homes
Price Details
Housing Market Comparison
See how this home compares to others in Mentor, OH.
City
Med. Sold Price
$248.5K
Med. Price/SqFt
$141
Avg. Days On Market
32
# of Sold Homes
53
6617 N Palmerston Dr vs Mentor
44 DAYS ON ROCKET
+12 Days
$475,000
+$226.4K More
KEY TAKEAWAY
This property is $226.4K more than the Median Sold Price in Mentor, OH.
Based on homes sold in the last 12 months
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
| DATE | EVENT | PRICE |
|---|---|---|
Aug 10, 2012Home Sold | $236,500 |
Tax History
| YEAR | PROP. TAX | ASSESSMENT |
|---|---|---|
| 2020 | $5,201 | $105,000 |
| 2019 | $5,206 | $105,000 |
| 2018 | $5,798 | $105,000 |
| 2017 | $5,237 | $101,220 |
History based on county public records data.
Payment Calculator
$2,438
Per Month
Principal & Interest
$2,371
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,491
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Bellflower Elementary School
6655 Reynolds Rd
Distance between this listing and this school0.63 miles
Public District Grades KG-5
High School
7
/10
Mentor High School
6477 Center St
Distance between this listing and this school1.41 miles
Public District Grades 9-12
Neighborhood
What Are The Neighbors Like?
How much money do the neighbors make?
5%
<35k
37%
35k-100k
51%
100k-200k
7%
200k+
What level of education do the neighbors have?
- Post Secondary
- 55%
- High School
- 32%
- Masters
- 13%
What types of families live nearby?
20%
Single, No Kids
4%
Single, with Kids
40%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
- Home Owners
- 96%
- Renters
- 4%
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
14%
18-34 yrs old
52%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
- Symphony or Opera
- Hiking/backpacking
- Tennis
Symphony or Opera
Hiking/backpacking
TennisWhere do the neighbors shop?
- Chico's
- Nordstrom Rack
- IKEA
Chico's
Nordstrom Rack
IKEAWhere do the neighbors go to eat?
- Boston Market
- Chipotle
- Starbucks
Boston Market
Chipotle
StarbucksWhat do the neighbors drive?
- Volvo
- Mazda
- Jeep
Volvo
Mazda
JeepWhat do the neighbors listen to?
- Talk/Personality
- Rock
- Alternative
Talk/Personality
Rock
AlternativeThe neighbors living near this home have an average income of $108,468. Typical income of Mentor, OH residents is between $100k-200k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Interested in homes like this? Let's connect.
Contact Us
(855) 200-2001Let Us Contact You
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
Rocket Homes›Ohio›Lake County›Mentor›44060›6617 N Palmerston Dr
While more than 30 listings in Mentor, OH in May 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 16 were sold below. The number of homes for sale in Mentor, OH increased by 16.3% between April 2024 and May 2024. In May 2024 median list price was $248,560 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.
More Resources
More Homes For Sale in Mentor
Homes For Sale in Nearby Cities
Housing Market Reports in Lake County
- Perry Township Housing Market
- Grand River Housing Market
- Willoughby Hills Housing Market
- Wickliffe Housing Market
- Eastlake Housing Market
- Leroy Township Housing Market
- Concord Township Housing Market
- Mentor-on-the-Lake Housing Market
- Timberlake Housing Market
- Madison Township Housing Market
- Fairport Harbor Housing Market
- Painesville Township Housing Market