1037 Washington Ave Lorain, OH 44052
4
Beds
2
Baths
1,150
Sq Ft
3,485
Sq Ft Lot
Highlights
- Cape Cod Architecture
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of March 2025Come check out this fully remodeled 4 bed 2 bath home in Lorain. This house would be great for a first time home owner or make use it as a rental to collect passive income. There is nothing to do but move in. You won't find a home turnkey home for this price in Lorain. This house has a new furnace, Ac, and hot water tank.
Last Agent to Sell the Property
Lokal Real Estate, LLC. Brokerage Email: 216-252-6580 marketing@lokalrealestate.com License #2020007846 Listed on: 01/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,020
Year Built
- Built in 1900
Home Design
- Cape Cod Architecture
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Parking
- Additional Parking
- On-Street Parking
Additional Features
- 2-Story Property
- 3,485 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- David Wallace Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-01-005-122-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2025
Closed on
Mar 21, 2025
Sold by
Hybrid Mind Llc
Bought by
Simm Cap Affordable Housing Fund Ii Llc
Seller's Agent
Bryan Burke
Lokal Real Estate, LLC.
Buyer's Agent
Christopher Frederick
Coldwell Banker Schmidt Realty
List Price
$134,900
Sold Price
$134,900
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,377
Avg. Annual Appreciation
-9.64%
Original Mortgage
$101,175
Outstanding Balance
$101,175
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$30,348
Purchase Details
Listed on
Apr 16, 2024
Closed on
Jun 14, 2024
Sold by
Paulana Llc
Bought by
Hybrid Mind Llc
Seller's Agent
Michael Ferrante
Century 21 Homestar
Buyer's Agent
Bryan Burke
Lokal Real Estate, LLC.
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Views
77
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.30%
Original Mortgage
$78,000
Interest Rate
7.22%
Mortgage Type
Construction
Purchase Details
Listed on
Nov 19, 2020
Closed on
Jan 26, 2021
Sold by
Hector Assets Llc
Bought by
Paulana Llc
Seller's Agent
Gary Dodson
Howard Hanna
Buyer's Agent
Jacqueline Jakacki
RE/MAX Above & Beyond
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Purchase Details
Listed on
Nov 19, 2020
Closed on
Jan 20, 2021
Sold by
Legacy Property Management Llc
Bought by
Hector Assets Llc
Seller's Agent
Gary Dodson
Howard Hanna
Buyer's Agent
Jacqueline Jakacki
RE/MAX Above & Beyond
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%
Purchase Details
Closed on
Jul 13, 2005
Sold by
Dolan Sherri B
Bought by
Dolan Michael S
Purchase Details
Closed on
Jun 5, 2000
Sold by
King Shirley A Trustee
Bought by
Dolan Michael S and Dolan Sherri B
Purchase Details
Closed on
Nov 5, 1999
Sold by
King Glenn B and King Shirley A
Bought by
King Glenn B and King Shirley A
Similar Homes in Lorain, OH
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $134,900 | Infinity Title | |
| Warranty Deed | $75,000 | Titleco Title Agency | |
| Warranty Deed | $72,400 | None Available | |
| Quit Claim Deed | $52,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101,175 | New Conventional | |
| Previous Owner | $78,000 | Construction | |
| Previous Owner | $32,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | $134,900 | 0.0% | $117 / Sq Ft |
| 02/07/2025 02/07/25 | Pending | -- | -- | -- |
| 01/22/2025 01/22/25 | For Sale | $134,900 | +79.9% | $117 / Sq Ft |
| 06/05/2024 06/05/24 | Sold | $75,000 | -6.3% | $65 / Sq Ft |
| 05/20/2024 05/20/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $80,000 | +53.8% | $70 / Sq Ft |
| 01/27/2021 01/27/21 | Sold | $52,000 | -5.3% | $45 / Sq Ft |
| 12/14/2020 12/14/20 | Pending | -- | -- | -- |
| 11/19/2020 11/19/20 | For Sale | $54,900 | -- | $48 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $933 | $22,078 | $2,496 | $19,583 |
| 2023 | $640 | $12,114 | $2,258 | $9,856 |
| 2022 | $635 | $12,114 | $2,258 | $9,856 |
| 2021 | $635 | $12,114 | $2,258 | $9,856 |
| 2020 | $646 | $10,720 | $2,000 | $8,720 |
| 2019 | $643 | $10,720 | $2,000 | $8,720 |
| 2018 | $632 | $10,720 | $2,000 | $8,720 |
| 2017 | $621 | $9,770 | $2,250 | $7,520 |
| 2016 | $616 | $9,770 | $2,250 | $7,520 |
| 2015 | $582 | $9,770 | $2,250 | $7,520 |
| 2014 | $565 | $9,040 | $2,080 | $6,960 |
| 2013 | $534 | $9,040 | $2,080 | $6,960 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Burke
B
Seller's Agent in 2025
Bryan Burke
Lokal Real Estate, LLC.
(216) 544-8675
2 in this area
61 Total Sales
-
Christopher Frederick
Buyer's Agent in 2025
Christopher Frederick
Coldwell Banker Schmidt Realty
(216) 210-7653
57 in this area
680 Total Sales
-
Michael Ferrante
Seller's Agent in 2024
Michael Ferrante
Century 21 Homestar
(216) 373-7727
54 in this area
1,545 Total Sales
-
Gary Dodson
Seller's Agent in 2021
Gary Dodson
Howard Hanna
(440) 320-6464
77 in this area
205 Total Sales
-
Natalie Iafolla
Seller Co-Listing Agent in 2021
Natalie Iafolla
Howard Hanna
(440) 308-7336
67 in this area
177 Total Sales
-
Jacqueline Jakacki
Buyer's Agent in 2021
Jacqueline Jakacki
RE/MAX
(216) 375-1158
53 in this area
303 Total Sales
Map
Source: MLS Now
MLS Number: 5095973
APN: 02-01-005-122-006
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