$15,000
SOLD JUN 2, 2014

1031 W 4th St Lorain, OH 44052

4 Beds
3 Baths
1,936 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

57% Below List Price

43 Days on Market

Highlights

  • 2 Car Attached Garage
  • North Facing Home
  • Wood Fence
  • Forced Air Heating System

About This Home

As of December 2014

Bank Owned*This Could be a Money Maker*This 3 Unit Offers 1-2 br, 1-1br and 1 Efficiency.* There are 2 Ranges and 1 Fridge*Special Financing Available*Need Proof of Funds or Preapproval Letter for all Offers. Being Sold in "AS IS Condition."*

Last Agent to Sell the Property

David Pallas

Deleted Agent License #344336 Listed on: 04/08/2014

Last Buyer's Agent

David Pallas

Deleted Agent License #344336 Listed on: 04/08/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • North Facing Home
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,936 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-01-006-110-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: North
  • Price Per Square Foot: 7.75
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 1936
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 1936
  • Estimated Total Living Area: 1936
  • Estimated Sq Ft: 1936

Exterior Features

  • Exterior: Vinyl
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Size Area Sq Ft: 0.1000
  • Lot Size Units: Acres
  • Acres: 0.1000
  • Parcel Number: 02-01-006-110-003

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3

Tax Info

  • Tax: 1226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2014
Closed on
Dec 18, 2014
Sold by
Lorain County Port Authority
Bought by
Wood Ann S
Seller's Agent
Sandra Maline
The Advantage in Real Estate
Buyer's Agent
Patty Clark
Russell Real Estate Services
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Total Days on Market
43
Current Estimated Value
$119,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,299
Avg. Annual Appreciation
10.16%
Original Mortgage
$38,200
Outstanding Balance
$30,003
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$93,809

Purchase Details

Listed on
Apr 8, 2014
Closed on
May 22, 2014
Sold by
First Federal Savings And Loan Associati
Bought by
Lorain County Port Authority
Seller's Agent
David Pallas
Deleted Agent
Buyer's Agent
David Pallas
Deleted Agent
List Price
$34,900
Sold Price
$15,000
Premium/Discount to List
-$19,900
-57.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
637.04%

Purchase Details

Listed on
Apr 8, 2014
Closed on
May 5, 2014
Sold by
Watling Edward J
Bought by
First Federal Savings & Loan Assn
Seller's Agent
David Pallas
Deleted Agent
Buyer's Agent
David Pallas
Deleted Agent
List Price
$34,900
Sold Price
$15,000
Premium/Discount to List
-$19,900
-57.02%

Purchase Details

Closed on
Sep 6, 1996
Sold by
Jerome A Dombroski
Bought by
Edward L Hennes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $45,000 --
Warranty Deed -- Examco Title Services
Sheriffs Deed $32,000 None Available
Deed $102,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 Credit Line Revolving
Open $38,200 New Conventional
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $45,000 -9.8% $23 / Sq Ft
11/23/2014 11/23/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $49,900 +232.7% $26 / Sq Ft
06/02/2014 06/02/14 Sold $15,000 -57.0% $8 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $34,900 -- $18 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,216 $39,298 $3,637 $35,662
2023 $846 $25,585 $3,290 $22,295
2022 $860 $25,585 $3,290 $22,295
2021 $849 $25,386 $3,290 $22,096
2020 $805 $22,450 $2,910 $19,540
2019 $801 $22,450 $2,910 $19,540
2018 $760 $22,450 $2,910 $19,540
2017 $719 $20,500 $3,270 $17,230
2016 $713 $20,500 $3,270 $17,230
2015 $672 $20,500 $3,270 $17,230
2014 $1,235 $21,420 $3,030 $18,390
2013 $1,226 $20,750 $3,030 $17,720
Source: Public Records

Agents Affiliated with this Home

  • Sandra Maline

    Seller's Agent in 2014

    Sandra Maline

    The Advantage in Real Estate

    (440) 554-2260

    141 Total Sales

    Sandra Maline
    Section Image

  • D

    Seller's Agent in 2014

    David Pallas

    Deleted Agent

  • Patty Clark

    Buyer's Agent in 2014

    Patty Clark

    Russell Real Estate Services

    (216) 804-4980

    58 Total Sales

    Patty Clark
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3605415

MLS Now

APN: 02-01-006-110-003

Ohio Lorain County Lorain 44052

1031 W 4th St, Lorain, OH

This home is located at 1031 W 4th St, Lorain, OH 44052 and is currently priced at $15,000, approximately $7 per square foot. This property was built in 1900. 1031 W 4th St is a home located in Lorain County with nearby schools including Admiral King Elementary School, Longfellow Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Nearby Homes