5052 Forest Road, Mentor purchased by Erik Hoenigman

The home at 5052 Forest Road, Mentor was sold on April 23 by Rosalyn Connors for $126,000.

The buyer was Erik Hoenigman.

The property tax paid for this property in 2022 was $4,027. This is 3.2% of the sale price of the home.

This property is one of 67 sales in Mentor (Lake County) from March 23 to April 23.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.