1059 King Ave Lorain, OH 44052
Estimated Value: $182,000 - $193,000
3
Beds
1.5
Baths
1,792
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Bungalow
- Property is Fully Fenced
- Corner Lot
- Forced Air Heating and Cooling System
- 1-Story Property
About This Home
As of October 2021Lakeview Park Brick Home, Walk to Lake Erie metro park beach and eatery. Corner lot, 1792 Sq. Ft. 2 bedrooms down and one up. The second floor has another extra unfinished room (Floored) that could be finished 450 Sq. Ft. 2 car garage that has heat and a/c. Lorain is having re-birth and now is the time to buy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,994
Year Built
- Built in 1948
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 140x54
- Property is Fully Fenced
- Corner Lot
Home Design
- Bungalow
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 1,792 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
Parking
- 2 Car Garage
- Garage Door Opener
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- West Erie Park Allotment Community
Listing and Financial Details
- Assessor Parcel Number 02-02-029-106-017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2021
Closed on
Sep 30, 2021
Sold by
Hennessee Ciurtney R and Farabaugh Courtney R
Bought by
Cedeno Julio A and Cedeno Ana Lydia
Seller's Agent
Gary Dodson
Howard Hanna
Buyer's Agent
Donna Prostejovsky
Howard Hanna
List Price
$135,000
Sold Price
$140,200
Premium/Discount to List
$5,200
3.85%
Total Days on Market
8
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
$48,119
Avg. Annual Appreciation
7.41%
Original Mortgage
$137,660
Outstanding Balance
$126,887
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$55,245
Purchase Details
Closed on
Sep 17, 2020
Sold by
Farabough Gregory A
Bought by
Hennessee Courtney R and Farabaugh Courtney R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 3, 2019
Closed on
Sep 11, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Farabaugh Gregory A and Farabaugh Courtney R
Seller's Agent
John Lynch
Keller Williams Citywide
Buyer's Agent
Gary Dodson
Howard Hanna
List Price
$55,000
Sold Price
$57,000
Premium/Discount to List
$2,000
3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.52%
Original Mortgage
$67,969
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 10, 2017
Sold by
Lorain County Sheriff
Bought by
Loandepotcom Llc
Purchase Details
Closed on
Sep 29, 2017
Sold by
Loan Depot Com Llc
Bought by
Secretary Of Housing & Urban Development
Purchase Details
Closed on
Nov 18, 2013
Sold by
Young Kenneth L and Young Rae L
Bought by
Young Kenneth L
Purchase Details
Closed on
Aug 26, 2002
Sold by
Strickland Kathy J B and & Lepko Post L
Bought by
Young Kenneth L and Young Rae L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,623
Interest Rate
6.54%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 9, 1999
Sold by
Nickoloff Ray and Nickoloff Lois J
Bought by
Strickland Kathy J and Post Laura L
Create a Home Valuation Report for This Property
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
Similar Homes in Lorain, OH
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cedeno Julio A | $140,000 | Barristers Of Ohio | |
| Hennessee Courtney R | -- | First American Title Ins Co | |
| Farabaugh Gregory A | $57,000 | Chicago Title | |
| Loandepotcom Llc | $50,000 | -- | |
| Secretary Of Housing & Urban Development | -- | None Available | |
| Young Kenneth L | $118,500 | Northstar Title Services | |
| Strickland Kathy J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cedeno Julio A | $137,660 | |
| Previous Owner | Hennessee Courtney R | $72,000 | |
| Previous Owner | Farabaugh Gregory A | $67,969 | |
| Previous Owner | Young Kenneth L | $89,652 | |
| Previous Owner | Young Kenneth L | $28,000 | |
| Previous Owner | Young Kenneth L | $116,623 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $140,200 | +3.9% | $78 / Sq Ft |
| 08/23/2021 08/23/21 | Pending | -- | -- | -- |
| 08/15/2021 08/15/21 | For Sale | $135,000 | +136.8% | $75 / Sq Ft |
| 09/12/2019 09/12/19 | Sold | $57,000 | +3.6% | $32 / Sq Ft |
| 07/30/2019 07/30/19 | Pending | -- | -- | -- |
| 07/03/2019 07/03/19 | For Sale | $55,000 | -- | $31 / 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 | $3,160 | $76,640 | $12,359 | $64,281 |
| 2023 | $2,116 | $41,076 | $10,241 | $30,835 |
| 2022 | $2,097 | $41,076 | $10,241 | $30,835 |
| 2021 | $2,152 | $41,076 | $10,241 | $30,835 |
| 2020 | $1,994 | $33,070 | $8,430 | $24,640 |
| 2019 | $1,983 | $33,070 | $8,430 | $24,640 |
| 2018 | $1,984 | $33,070 | $8,430 | $24,640 |
| 2017 | $2,083 | $33,510 | $7,950 | $25,560 |
| 2016 | $2,066 | $33,510 | $7,950 | $25,560 |
| 2015 | $1,949 | $33,510 | $7,950 | $25,560 |
| 2014 | $2,143 | $37,020 | $8,780 | $28,240 |
| 2013 | $1,624 | $37,020 | $8,780 | $28,240 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Dodson
Seller's Agent in 2021
Gary Dodson
Howard Hanna
(440) 320-6464
208 Total Sales
-
Natalie Iafolla
Seller Co-Listing Agent in 2021
Natalie Iafolla
Howard Hanna
(440) 308-7336
179 Total Sales
-
Donna Prostejovsky
Buyer's Agent in 2021
Donna Prostejovsky
Howard Hanna
(440) 610-3293
7 Total Sales
-
John Lynch
Seller's Agent in 2019
John Lynch
Keller Williams Citywide
(216) 533-7007
135 Total Sales
Map
Source: MLS Now
MLS Number: 4308654
APN: 02-02-029-106-017
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