NOT LISTED FOR SALE

1040 Gulf Rd Elyria, OH 44035

Estimated Value: $363,000 - $468,000

3 Beds
2.5 Baths
4,229 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $260,000 $61 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,602/month

4 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Hilly Lot
  • 0.5 Acre Lot
  • Deck
  • Wooded Lot

About This Home

As of August 2018

Stunning, old world charm Tudor in Elyria with an exceptional location overlooking the River & the renovated Jack Nicklaus designed Valley of The Eagles Golf Course. This home features 3 bedrooms(possible 4th/5th), 2 full baths, 1 half bath and an additional shower that was added on the main level. As you walk into this master piece you'll enter the foyer accented by marble floors with a 35x15 living room with hardwood floors & an exquisite stone fireplace, large formal dining room with hardwood floors, sun room & family room. All rooms on the main floor have French doors entering outdoors to the large deck. There is also a bonus room off the kitchen, for a possible in-law suite. The large kitchen features spacious corian counter-tops, butler pantry & ceramic floors. The home is graced throughout with beautiful woodwork, built ins & some leaded glass windows. The master suite is 29 x 19 & has an on suite glamour bath with his & hers closets. The 2nd floor features 2 additional bedrooms, an office, laundry room & 2 attics for storage. The 2nd floor laundry room can be converted back into a 4th/5th BR. The newly added deck is huge and gives you plenty of space for warm summer evenings and entertaining your guests. Additional exterior features include a circular driveway, an attached 2-car garage & the home sits on a 1/2 acre lot w/ wooded surroundings. Don't miss this opportunity to see this renovated all brick property. Hurry, Call today to set up a private tour.

Last Agent to Sell the Property

David Reddy

Keller Williams Citywide License #2001006408 Listed on: 07/03/2018

Keller Williams Citywide

Last Buyer's Agent

David Reddy

Keller Williams Citywide License #2001006408 Listed on: 07/03/2018

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 1936

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 90x481
  • East Facing Home
  • Hilly Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Golf Course
  • Woods

Home Design

  • Colonial Architecture
  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06-25-165-000-001

Community Details

Overview

  • Spring Valley Community

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,872

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial, Tudor
  • House Faces: East
  • Price Per Square Foot: 76.97
  • Estimated Price per Sq Ft: 76.97
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3378
  • Year Built: 1936
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1936

Interior Features

  • Appliances Equipment: Dishwasher
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 3378.00
  • Sq Ft Approx Below Grade Finished: 851.00
  • Sq Ft Approx Total Finished: 4229.00

Exterior Features

  • View: Golf Course, Water View, Wooded
  • Exterior: Brick, Stucco, Wood
  • Exterior Features: Deck
  • Roof: Slate

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities: Park, Playground, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Spring Valley

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 90x481
  • Additional Assessor Parcel Number 1: 0625166000013
  • Lot Description: Hillside, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.5000
  • Parcel Number: 06-25-165-000-001

Tax Info

  • Tax: 4872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 22, 2018
Sold by
Jenkins Kellie J and Jenkins Timothy A
Bought by
Lovett Ryan and Lovett Danielle
Seller's Agent
David Reddy
Keller Williams Citywide
Buyer's Agent
David Reddy
Keller Williams Citywide
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$407,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,616
Avg. Annual Appreciation
6.24%
Original Mortgage
$160,000
Outstanding Balance
$138,954
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$267,029

Purchase Details

Closed on
May 26, 2015
Sold by
Liberty Savings Bank Fsb
Bought by
The Secretary Of Hsng & Urban Developmen

Purchase Details

Closed on
May 13, 2015
Sold by
Connor Phillip E O
Bought by
Liberty Savings Bank Fsb

Purchase Details

Closed on
Feb 22, 2015
Sold by
Hud
Bought by
Jenkins Kellie J and Jenkins Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,765
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Gonsiorowski Michael and Gonsiorowski Joy A
Bought by
Oconnor Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,539
Interest Rate
6.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Lovett Ryan $260,000 None Available
The Secretary Of Hsng & Urban Developmen -- None Available
Liberty Savings Bank Fsb $155,550 None Available
Jenkins Kellie J $145,000 --
Oconnor Phillip E $224,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovett Ryan $160,000
Previous Owner Jenkins Kellie J $211,765
Previous Owner Oconnor Phillip E $220,539
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2018 08/22/18 Sold $260,000 0.0% $61 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $259,900 +79.2% $61 / Sq Ft
03/22/2016 03/22/16 Sold $145,000 -14.7% $44 / Sq Ft View Prior Sale
11/10/2015 11/10/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $170,000 -- $52 / 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 $5,593 $118,188 $13,496 $104,692
2023 $4,926 $90,391 $12,306 $78,085
2022 $4,908 $90,391 $12,306 $78,085
2021 $4,920 $90,391 $12,306 $78,085
2020 $4,801 $78,460 $10,680 $67,780
2019 $4,771 $78,460 $10,680 $67,780
2018 $4,899 $78,460 $10,680 $67,780
2017 $4,872 $74,800 $11,020 $63,780
2016 $4,643 $72,210 $11,020 $61,190
2015 $4,241 $72,210 $11,020 $61,190
2014 -- $70,450 $10,750 $59,700
2013 $4,050 $70,450 $10,750 $59,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4014433

MLS Now

APN: 06-25-165-000-001