NOT LISTED FOR SALE

1038 King Ave Lorain, OH 44052

Estimated Value: $196,957 - $214,000

3 Beds
2 Baths
1,716 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 04, 2016

Last sale price $120,000 $70 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,335/month

18 Days on Market

Highlights

  • 1 Fireplace
  • Bungalow
  • East Facing Home
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Property is Fully Fenced

About This Home

As of August 2016

These folks loved their home – YOU WILL TOO!!! The pride of ownership is well-reflected throughout this Lakeview neighborhood gem! Come and see this spacious, 3-bedroom, 2-bath beauty that is ready for you to move right in! The recently remodeled, eat-in Kitchen boasts stainless steel appliances and tons of counter space. The kitchen is open to the formal living room that allows tons of natural light and breeze from the front windows but can also be cozy and comfortable with the working, wood-burning fireplace. Notice that the windows are newer Anderson windows! Pass back through the kitchen to get to the HUGE family room with vaulted ceiling, skylights and a full bathroom. Plenty of room to entertain and relax! Upstairs you’ll find all three bedrooms – the master has two spacious closets, as well as two additional, sizeable bedrooms. The full basement is large and open – ready for more entertaining space or perfect as a playroom. The backyard is fully-fenced and recently re-landscaped and will serve as your own private outdoor getaway. There’s a great storage shed behind the garage – plenty of room for your yard equipment! This home is easy walking distance from Lakeview Park and Beach. Come and see this beautiful home!!

Last Agent to Sell the Property

Christopher Foisy

Howard Hanna License #2014000365 Listed on: 05/01/2016

Howard Hanna

Last Buyer's Agent

Annalisa Longo

Deleted Agent License #2015005094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,733

Year Built

  • Built in 1939

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 41x144
  • East Facing Home
  • Property is Fully Fenced

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,716 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

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

Community Details

  • West Erie Park Allotment 01 Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-029-105-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,733

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • House Faces: East
  • Price Per Square Foot: 69.93
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1716
  • Year Built: 1939
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1939

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Basement Detail: Full
  • Living Area Sq Ft: 1716
  • Estimated Total Living Area: 1716
  • Estimated Sq Ft: 1716

Exterior Features

  • Exterior: Brick, Cedar
  • Fences: Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Wood, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: West Erie Park Allotment 01

Schools

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

Lot Info

  • Lot Dimensions: 41x144
  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 02-02-029-105-020

Tax Info

  • Tax: 1733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2016
Closed on
Aug 3, 2016
Sold by
Muzik John
Bought by
Longo Annalisa
Seller's Agent
Christopher Foisy
Howard Hanna
Buyer's Agent
Annalisa Longo
Deleted Agent
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Total Days on Market
18
Current Estimated Value
$204,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,989
Avg. Annual Appreciation
6.05%
Original Mortgage
$117,826
Outstanding Balance
$95,758
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$105,895

Purchase Details

Closed on
May 29, 2009
Sold by
Stump Michael
Bought by
Muzik John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
4.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 2007
Sold by
Fannie Mae
Bought by
Stump Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2007
Sold by
Rodgers Zachary T and Netbank
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 3, 2003
Sold by
Douglas Brown
Bought by
Rodgers Zachary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Longo Annalisa $120,000 Old Republic Title
Muzik John $112,500 Old Republic-Jody
Stump Michael $108,000 Phoenix Title Agency
Federal National Mortgage Association $80,000 None Available
Rodgers Zachary T $135,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longo Annalisa $117,826
Previous Owner Muzik John $95,600
Previous Owner Stump Michael $108,000
Previous Owner Rodgers Zachary $20,757
Previous Owner Rodgers Zachary T $135,000
Previous Owner Brown Douglas $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2016 08/04/16 Sold $120,000 -7.6% $70 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/01/2016 05/01/16 For Sale $129,900 -- $76 / 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 $2,964 $71,869 $8,810 $63,060
2023 $2,508 $48,692 $7,298 $41,395
2022 $2,486 $48,692 $7,298 $41,395
2021 $2,486 $48,692 $7,298 $41,395
2020 $2,356 $40,080 $6,010 $34,070
2019 $2,342 $40,080 $6,010 $34,070
2018 $2,182 $42,970 $6,010 $36,960
2017 $1,852 $29,800 $5,660 $24,140
2016 $1,837 $29,800 $5,660 $24,140
2015 $1,733 $29,800 $5,660 $24,140
2014 $1,906 $32,930 $6,260 $26,670
2013 $1,892 $32,930 $6,260 $26,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3803633

MLS Now

APN: 02-02-029-105-020