NOT LISTED FOR SALE

1038 Allison Ave Lorain, OH 44052

Estimated Value: $170,000 - $193,000

3 Beds
1 Bath
1,440 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $162,500 $113 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,121/month

76 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Porch
  • Deck
  • 2 Car Detached Garage
  • Patio

About This Home

As of March 2024

Updated 3 bedroom 1 full bath Colonial with new front door and newer tilt-in vinyl windows! Updated Kitchen with Small Breakfast Nook and a Huge Pantry. 10 foot ceilings on the main floor. Dining Room has extra storage and built-ins and beamed ceilings. New carpet through the upstairs and down the steps. Updated bathroom with modern sink, jetted jacuzzi tub and a spacious walk-in tiled shower . 24x14 walk-up attic could be 4th bedroom. As you make your way to the basement, you will find brand new indoor/outdoor carpet that was just installed. Garage just had a brand new roof put on. Front porch has a brand new vinyl deck as well as brand new vinyl railing. Brand new wooden deck was just put on the back of the house that is surrounded by a newly updated fence within the past 5 years. The siding is completely updated and brand new LP smart siding, as well as brand new gutters around the whole house!

Last Agent to Sell the Property

Lorenzo Gentile

Gentile Real Estate LLC Brokerage Email: 440-212-7711 Lorenzo@GentileRE.com License #2015003204 Listed on: 12/01/2023

Last Buyer's Agent

Carolynn Steindl

Serenity Realty License #2018001174

Serenity Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1923

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x125
  • Property is Fully Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Lake View Park Realty Co 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-027-116-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,684

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1923
  • Attribution Contact: 440-212-7711 Lorenzo@GentileRE.com
  • ResoLotFeatures: Other
  • Subdivision Name: Lake View Park Realty Co 02
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Cooktop, Dishwasher, Range
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full
  • Acres: 0.12
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-027-116-027
  • LandLeaseYN: No
  • Lot Dimensions: 45x125
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1684.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Mar 4, 2024
Sold by
Bonzar Mike and Bonzar Laura Lea
Bought by
Ortiz Madelyn N
Seller's Agent
Lorenzo Gentile
Gentile Real Estate LLC
Buyer's Agent
Carolynn Steindl
Serenity Realty
List Price
$169,900
Sold Price
$162,500
Premium/Discount to List
-$7,400
-4.36%
Views
237
Current Estimated Value
$181,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,448
Avg. Annual Appreciation
7.52%
Original Mortgage
$154,375
Outstanding Balance
$151,807
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$30,141

Purchase Details

Closed on
Aug 11, 2016
Sold by
Demetriou Amanda
Bought by
Bonzar Mike

Purchase Details

Listed on
Sep 1, 2012
Closed on
Sep 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bonzar Mike and Demetriou Amanda
Seller's Agent
Robert Bromley
Howard Hanna
Buyer's Agent
Andrea Neal
Russell Real Estate Services
List Price
$44,000
Sold Price
$41,000
Premium/Discount to List
-$3,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Mccray Andrea S and Mccray Timothy H
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 15, 2005
Sold by
Mccray Timothy H and Mccray Andrea S
Bought by
Mccray Timothy H and Mccray Andrea S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2001
Sold by
Kurtz Robin L and Kurtz Janet M
Bought by
Mccray Timothy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,350
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Ortiz Madelyn N $162,500 First American Title
Ortiz Madelyn N $162,500 First American Title
Bonzar Mike -- --
Bonzar Mike $41,000 Intitle Agency Inc
Federal Home Loan Mortgage Corporation $58,000 None Available
Mccray Timothy H -- Majestic Title
Mccray Timothy H $105,900 Kaspar & Associates Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Madelyn N $154,375
Closed Ortiz Madelyn N $154,375
Previous Owner Mccray Timothy H $125,000
Previous Owner Mccray Timothy H $91,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $162,500 -4.4% $113 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $169,900 +314.4% $118 / Sq Ft
09/27/2012 09/27/12 Sold $41,000 -6.8% $28 / Sq Ft
09/14/2012 09/14/12 Pending -- -- --
09/01/2012 09/01/12 For Sale $44,000 -- $31 / 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 $1,871 $45,378 $9,048 $36,330
2023 $1,699 $32,977 $7,497 $25,480
2022 $1,684 $32,977 $7,497 $25,480
2021 $1,684 $32,977 $7,497 $25,480
2020 $1,595 $27,140 $6,170 $20,970
2019 $1,586 $27,140 $6,170 $20,970
2018 $1,587 $27,140 $6,170 $20,970
2017 $1,539 $24,760 $5,820 $18,940
2016 $1,526 $24,760 $5,820 $18,940
2015 $1,440 $24,760 $5,820 $18,940
2014 $1,583 $27,350 $6,430 $20,920
2013 $1,571 $27,350 $6,430 $20,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4507312

MLS Now

APN: 02-02-027-116-027