$45,000
SOLD DEC 19, 2014

1031 W 4th St Lorain, OH 44052

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

Recently Sold

$23 Per Sq Ft

10% Below List Price

45 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • North Facing Home
  • 2 Car Attached Garage
  • Baseboard Heating
  • Partially Fenced Property

About This Home

As of December 2014

Lorain County Port Authority offers this home through the neighborhood stabilization program put on by HUD. The buyer must qualify for this program. The buyer must be an owner occupant only. There are restrictions regarding reselling this property. I have attached the program summary and application in attachments. Please feel free to call me for explanations. This property has been rehabilitated and meets HUD guidelines. This is a 3 bdrm Colonial with unfinished third floor it has a in law suite attached to the second floor back part of the house. The in-law suite has a loft section that would be great for the the bedroom. There are steps involved for in law suite. Both kitchens and all baths have been remodeled. Fresh paint and carpet. Access to 2 car attached garage is through common street on side of house.

Last Agent to Sell the Property

Sandra Maline

The Advantage in Real Estate License #320003 Listed on: 10/09/2014

Last Buyer's Agent

Patty Clark

Russell Real Estate Services License #375410

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43 x 100
  • North Facing Home
  • Partially Fenced Property
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,936 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Charleston Community

Listing and Financial Details

  • Assessor Parcel Number 02-01-006-110-003

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial, Multi-Unit Building
  • House Faces: North
  • Price Per Square Foot: 23.24
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 1936
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Wall Oven, Range
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Partial, Unfinished
  • Living Area Sq Ft: 1936
  • Estimated Total Living Area: 1936
  • Estimated Sq Ft: 1936

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Charleston

Schools

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

Lot Info

  • Lot Dimensions: 43 x 100
  • Lot Size Units: Acres
  • Acres: 0.1000
  • Parcel Number: 02-01-006-110-003

Tax Info

  • Tax: 1287

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
45
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
10.15%
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:

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Average Value
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List Price
Sold Price
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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

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Map

Source: MLS Now

MLS Number: 3659439

MLS Now

APN: 02-01-006-110-003