Property Description

Welcome to this inviting 3-bedroom, 2-bath colonial located in Independence Place HOA. This home features a modern, well-appointed kitchen with ample cupboard and counter space, complete with a dishwasher, range, and refrigerator. A washer and dryer are also included for added convenience. The main floor offers a spacious living room, a dedicated dining room ideal for entertaining, plus one bedroom and a full bath?perfect for guests or main-level living. The second floor includes two additional bedrooms and another full bath, providing comfortable separation of space. Residents of Independence Place enjoy access to recreational facilities, and the community is conveniently located near schools, shopping, and everyday amenities. This home combines comfort, convenience, and community?an excellent opportunity for buyers seeking a well-maintained property.

8027 Independence Drive | MLS# 5200607

This condo located at 8027 Independence Drive, Mentor, OH 44060 is currently listed for sale with an asking price of $155,000. This property was built in 1973 and has 3 bedrooms and 2 full baths. Independence Drive is located in the Independence Place Condo subdivision within the Mentor Exempted Village school district. Search Independence Place Condo real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Residential - Condominium

Basement: None

Cooling: Central Air

Days on Market: 101

Garage: 1 car attached

Heating: Forced Air, Gas

Home Style: Colonial

Lot Size: 0.17 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $1,779 / year

Year Built: 1973

Amenities

Breakfast Bar

Ceiling Fan(s)

Feature Descriptions

Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer

Exterior: Frame

HOA: Yes

HOA Fee: 328/ Monthly

Laundry: Washer Hookup

Parcel#: 16-C-074-C-00-008-0

Parking: Attached, Garage

Sewer: Public Sewer

Swimming Pool: Yes

Water: Public

Local Schools

School District: Mentor Exempted Village

Market Trends

Lake County Residential Market Trend Graphs

Zip Code 44060

Source: Delta Media Group, Inc.

Demographics

Lake County Demographic Information for 8027 Independence Drive, Mentor, OH 44060

Fips

Fips Code 39085

Population

2020 to 2025 Change down 0.1%

2010 Count 230,041

2020 Count 232,603

2025 Estimate (V2025) 232,217

2020 Estimate (V2025) 232,521

Age Distribution (Years Old)

0 to 4 4.4%

5 to 17 18.7%

18 to 64 53.7%

65 and Older 23.2%

Gender

Male 49.2%

Female 50.8%

Place of Birth

Foreign 5.4%

US 94.6%

Education

High School Graduate, Age 25+ 94.4%

Bachelor's Degree or Higher, Age 25+ 31.6%

Computer and Internet use

Households with a computer 95.5%

Households with a broadband Internet subscription 92.8%

Language

English is Second Language, Age 5+ 8.3%

English is First Language, Age 5+ 91.7%

Veterans

Veterans 13,389

Income

Per Capita Income $45,279

Median Household Income $80,925

People in Poverty 7.5%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 106,498

Households 101,144

Average Household Size 2.27

Owner-Occupied 75.8%

Multi-Family 19.7%

Owner-Occupied Median Value $214,100

Median selected monthly owner costs -with a mortgage $1,500

Median selected monthly owner costs -without a mortgage $635

Median gross rent $1,113

Building Permits

New Private Housing Issued 2024 428

Years at Residence

1 Year or More 89.7%

Less Than 1 Year 10.3%

Business and Employment

Private non-farm Establishments 5,504

Private non-farm Employment 87,115

Private non-farm Employment Growth down 0.5%

Nonemployer Establishments 17,947

Number of Firms 4,646

Business Production

Value of Shipments $6,531,471,000

Wholesale Trade $1,278,429,000

Retail Trade $3,755,526,000

Retail Sales Per Capita $15,267

Accommodation and Food Services $496,973,000

Land

Land Area 227.49 sq. miles

Population Per Square Mile 1,012

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 987.44 per month $793.99 Principal & Interest $148.25 Property Tax $45.21 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/30/2026. The listing information on this page last changed on 07/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/30/2026 12:04:48 AM EST) or Dayton MLS (last updated Wed 07/29/2026 11:46:50 PM EST) or CBRMLS (last updated Wed 07/29/2026 11:59:48 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Wed 07/29/2026 11:53:39 PM EST) or NKY MLS (last updated Wed 07/29/2026 11:28:28 PM EST) or Wrist MLS (last updated Wed 07/29/2026 11:24:19 PM EST) or Firelands MLS (last updated Wed 07/29/2026 11:11:48 PM EST) or MLS NOW (last updated Thu 07/30/2026 12:02:38 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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8027 Independence DriveMentor, OH 44060