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7240 Olde Farm Ln

Mentor, OH 44060

3 bd 2 ba 1,309 sqft Built 1987 Lot 19,602 sqft condos
Most recent sale
$169,900
May 18, 2020

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Listed $209,900 MLS #4409032
May 18, 2020 Sold $169,900 MLS #4178907
Oct 28, 2011 Sold $108,000 MLS #3258668
Aug 31, 2011 Listed $115,000 MLS #3258668
Nov 21, 1991 Sold $82,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $43,800 $17,640 $61,440 $2,337
2024 $43,800 $17,640 $61,440 $2,047
2023 $35,330 $15,310 $50,640 $1,957
2022 $35,330 $15,310 $50,640 $2,392
2021 $35,330 $15,310 $50,640 $2,387
2020 $28,260 $12,250 $40,510 $3,387
2019 $28,260 $12,250 $40,510 $2,187
2018 $28,260 $12,250 $40,510 $2,177
2017 $30,770 $7,000 $37,770 $2,134
2016 $30,770 $7,000 $37,770 $2,120
2015 $30,770 $7,000 $37,770 $1,935
2014 $30,770 $7,000 $37,770 $1,959
2013 $30,770 $7,000 $37,770 $1,959
2012 $30,770 $7,000 $37,770 $1,973
2011 $33,360 $10,080 $43,440 $1,697
2010 $33,360 $10,080 $43,440 $1,714
2009 $33,362 $10,080 $43,442 $1,589
2007 $37,069 $11,200 $48,269 $1,676

Property facts

Year built
1987
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,309 sqft
Lot size
19,602 sqft
ZIP code
44060
City
Mentor
Street
Olde Farm Ln
Coordinates
41.68895, -81.38217

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 7240 Olde Farm Ln last sell?
7240 Olde Farm Ln most recently sold on May 18, 2020 for $169,900.
What is the current tax assessment for 7240 Olde Farm Ln?
The most recent total assessment for 7240 Olde Farm Ln (year 2025) is $61,440 with $2,337 in property tax.
How does 7240 Olde Farm Ln's assessment compare to its last sale price?
The current assessment is 63.8% below the last sale price of $169,900.
When was 7240 Olde Farm Ln built?
7240 Olde Farm Ln was built in 1987.
How does 7240 Olde Farm Ln compare to others on Olde Farm Ln?
We track 6 other properties on Olde Farm Ln. Browse the list under "Other properties on Olde Farm Ln" to compare beds, baths, and sale history.
What are the property facts for 7240 Olde Farm Ln?
7240 Olde Farm Ln is a 3 bed, 2 bath, 1,309 sqft, 19,602 sqft lot condos.
Is 7240 Olde Farm Ln a flip candidate?
No — 7240 Olde Farm Ln does not appear in our flips dataset.
Is 7240 Olde Farm Ln a tax-appeal candidate?
No — 7240 Olde Farm Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$294.8K
2026 Q4
$296.8K
ZIP 44060 — Median Price History + Forecast

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