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  • $224,500

    5571 Chagrin Dr, Mentor On The Lake, OH 44060

    2beds
    1,104sqft
    Single Family Residence
    Built in 1930
    4,961 Square Feet Lot
    $230,100 Zestimate®
    $203/sqft
    $1,562 Estimated rent

    Home value

    $230,100

    $205,000 - $260,000

    $1,562/mo

    Zestimate® history
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    What's special

    Modern finishesModern appliancesLake-area homeOpen concept living spaceFlexible layoutLake viewsSurrounded by parks
    Welcome to this beautifully remodeled lake-area home in the heart of Mentor-on-the-Lake! Just steps from Lake Erie and surrounded by parks, this inviting two-story retreat offers the perfect blend of comfort, convenience, and opportunity. Enjoy a peaceful setting with a park-like backyard, nearby walking trails, and lake views right across the street. Inside, you’ll find a freshly updated interior with soothing, coastal-inspired tones and modern finishes throughout. The open concept living space features a cozy lounge area and a stylish wet bar with granite countertops, barstools, and built-in USB outlets. The kitchen has also been completely remodeled with custom backsplash tile, updated cabinetry, granite countertops, and modern appliances are including, along with a tankless hot water tank. This home has been designed for both everyday living and entertaining. Current flexible layout includes a queen bed, a twin trundle (two twins), and a queen pull-out couch—sleeping up to six. Two full bathrooms, upstairs is beautifully tiled, featuring Bluetooth-enabled lighting that plays music for a spa-like experience. Whether you’re looking for your own peaceful getaway or a turnkey mid- to short-term rental, this home is ready to go and fully set up for either use. Less than 30 minutes from Downtown Cleveland and close to Mentor Headlands Beach, shopping, dining, parks, and major highways. New homes going up nearby, make this a prime area for long-term growth.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kit Custer 330-221-6578 kitsoldit@gmail.com,

    RE/MAX Transitions

    Bought with:

    Jennifer L Bernzweig, 2003009354

    Century 21 Homestar

    Source: MLS Now,MLS#: 5138646MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Heating
    • Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Bar
    • Basement: Crawl Space
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,104
    • Total interior livable area: 1,104 sqft
    • Finished area above ground: 1,104

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Driveway
    • Carport spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • On waterfront: Yes
    Lot
    • Size: 4,961 Square Feet
    Details
    • Parcel number: 19A091B000020

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Charles A Loseys Sub
    HOA
    • Has HOA: No
    Location
    • Region: Mentor On The Lake

    Financial & listing details

    • Price per square foot: $203/sqft
    • Tax assessed value: $153,640
    • Annual tax amount: $2,704
    • Date on market: 7/25/2025
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/22/2025Sold$224,500+2.1%$203/sqft
    Source: MLS Now #5138646 Report a problem
    8/8/2025Pending sale$219,900$199/sqft
    Source: MLS Now #5138646 Report a problem
    7/25/2025Listed for sale$219,900+214.1%$199/sqft
    Source: MLS Now #5138646 Report a problem
    10/30/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/10/2023Listed for rent$2,600$2/sqft
    Source: Zillow Rentals Report a problem
    12/8/2021Sold$70,000+59.1%$63/sqft
    Source: Public Record Report a problem
    3/1/2019Sold$44,000$40/sqft
    Source: Public Record Report a problem
    2/22/2019Pending sale--
    Source: Hudson & Marshall Report a problem
    10/20/2018Listed for sale--
    Source: Auction.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,703 0%$53,780
    2024$2,704 -11.2%$53,780 +3.4%
    2023$3,044 +20.2%$51,990 +27.6%
    2022$2,533 +6.4%$40,760
    2021$2,381 +8.3%$40,760 +22%
    2020$2,198 +2.3%$33,400
    2019$2,150 +20.7%$33,400 +25.3%
    2018$1,781 $26,660
    2017$1,781 +0.5%$26,660
    2016$1,772 +7.9%$26,660
    2015$1,643 -1.2%$26,660
    2014$1,662 +6.4%$26,660
    2013$1,562 -0.3%$26,660
    2012$1,567 +15.5%$26,660 +8.6%
    2011$1,357 -1%$24,550
    2010$1,371 -16%$24,550 0%
    2009$1,632 -3.1%$24,557 -11%
    2008$1,684 +3.3%$27,587
    2007$1,629 -49.5%$27,587
    2006$3,228 +14.4%$27,587 +15%
    2005$2,821 -0.2%$23,993
    2004$2,826 +7.1%$23,993
    2003$2,638 +23.4%$23,993 +20.2%
    2002$2,138 0%$19,961
    2001$2,138 0%$19,961
    2000$2,139 +11.5%$19,961 +11.5%
    1999$1,919 $17,903
    Find assessor info on the county website

    Neighborhood: 44060

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mentor EVSD - 4304

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $230,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $230,100