NOT LISTED FOR SALE

1040 W River Rd N Elyria, OH 44035

Estimated Value: $102,428

4 Beds
2 Baths
1,116 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $65,000 $58 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $672/month

124 Days on Market

Highlights

  • A-Frame Home
  • 1 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2023

The amount of money Section 8 investors are making on this house is off the chain yo. Email agent for the Section 8 rent roll & video tour along with complete investment analysis, drone footage & information on the mechanical systems of the building. Do not disturb the tenants. Local & out of state investors welcome!

Last Agent to Sell the Property

James Wise

The Holton-Wise Property Group LLC Brokerage Email: (216) 661-6633 Sales@holtonwise.com License #2015001161 Listed on: 07/06/2023

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC Brokerage Email: (216) 661-6633 Sales@holtonwise.com License #2015001161 Listed on: 07/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1948

Lot Details

  • 6,098

Parking

  • 1 Car Attached Garage

Home Design

  • A-Frame Home
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot
  • Basement

Community Details

  • No Home Owners Association
  • Cascade Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-24-028-104-084

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1948
  • Attribution Contact: (216) 661-6633 Sales@holtonwise.com
  • Subdivision Name: Cascade Colony
  • Architectural Style: A-Frame
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.14
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-24-028-104-084
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1396.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Feb 1, 2024
Sold by
Davis Deanna
Bought by
Dds Home Care Rental Llc
Seller's Agent
James Wise
The Holton-Wise Property Group LLC
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Views
496
Current Estimated Value
$102,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,428
Avg. Annual Appreciation
24.97%

Purchase Details

Listed on
Jul 6, 2023
Closed on
Dec 6, 2023
Sold by
Prospect Hill Investments Llc
Bought by
Davis Deanna
Seller's Agent
James Wise
The Holton-Wise Property Group LLC
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%
Views
496

Purchase Details

Closed on
Mar 23, 2018
Sold by
Ghazanfari Hooman and Ghazanfari Jenna
Bought by
Prospect Hill Investments Llc

Purchase Details

Closed on
Dec 7, 2017
Sold by
Ohio Equity Plus Llc
Bought by
Ghzanfari Hooman and Gazanfari Jenna

Purchase Details

Closed on
Oct 18, 2017
Sold by
Glontz Ruth M
Bought by
Ohio Equity Plus Llc

Purchase Details

Closed on
May 18, 2001
Sold by
Glontz Ruth M
Bought by
Richardson Lewis and Richardson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 14, 2000
Sold by
Bistline Sarah Lynn
Bought by
Glontz Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,800
Interest Rate
8.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dds Home Care Rental Llc -- None Listed On Document
Davis Deanna $65,000 Chicago Title
Prospect Hill Investments Llc -- --
Ghzanfari Hooman $25,000 Mount Morris Title
Ohio Equity Plus Llc $10,300 --
Richardson Lewis $64,000 Midland Title
Glontz Ruth M $64,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson Lewis $64,000
Previous Owner Glontz Ruth M $39,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $65,000 -13.2% $58 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $74,900 0.0% $67 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $74,900 0.0% $67 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $74,900 0.0% $67 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $74,900 0.0% $67 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $74,900 -16.7% $67 / Sq Ft
08/19/2023 08/19/23 Price Changed $89,900 -21.8% $81 / Sq Ft
07/27/2023 07/27/23 For Sale $114,900 +76.8% $103 / Sq Ft
07/06/2023 07/06/23 Off Market $65,000 -- --
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 $1,644 $27,601 $7,623 $19,978
2023 $1,401 $25,099 $8,285 $16,814
2022 $1,396 $25,099 $8,285 $16,814
2021 $1,399 $25,099 $8,285 $16,814
2020 $1,332 $21,250 $7,010 $14,240
2019 $1,324 $21,250 $7,010 $14,240
2018 $789 $21,250 $7,010 $14,240
2017 $1,676 $25,730 $8,580 $17,150
2016 $1,655 $25,730 $8,580 $17,150
2015 $1,552 $25,730 $8,580 $17,150
2014 $1,534 $25,730 $8,580 $17,150
2013 $1,521 $25,730 $8,580 $17,150
Source: Public Records

Agents Affiliated with this Home

  • James Wise

    Seller's Agent in 2023

    James Wise

    The Holton-Wise Property Group LLC

    (216) 661-6633

    27 in this area

    373 Total Sales

    James Wise
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Map

Source: MLS Now

MLS Number: 4472328

MLS Now

APN: 06-24-028-104-084

Ohio Lorain County Elyria 44035

1040 W River Rd N, Elyria, OH

Not Listed for Sale

Detached

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