$57,000
SOLD SEP 12, 2019

1059 King Ave Lorain, OH 44052

3 Beds
1.5 Baths
1,792 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$32 Per Sq Ft

4% Above List Price

27 Days on Market

Highlights

  • City View
  • 1 Fireplace
  • Baseboard Heating
  • Cape Cod Architecture
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of October 2021

LOOK LOOK at this great BRICK home!!! It is truly a find for all you BARGAIN HUNTERS!!
3.2 BATH CAP CODE JUST WANTING FOR YOU TO ENJOY THIS GREAT TREASURE.
OWNER OCCUPANTS gets 1st dibs....HURRY!

Last Agent to Sell the Property

John Lynch

Keller Williams Citywide License #186253 Listed on: 07/03/2019

Keller Williams Citywide

Last Buyer's Agent

Gary Dodson

Howard Hanna License #290885

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • City Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • West Erie Park Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-029-106-017

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 31.81
  • Estimated Price per Sq Ft: 31.81
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1792
  • Year Built: 1948
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 1792.00
  • Sq Ft Approx Total Finished: 1792.00

Exterior Features

  • View: City View
  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Gas
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: West Erie Park Allotment

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 02-02-029-106-017

Tax Info

  • Tax: 1984

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
27
Current Estimated Value
$188,319

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
7.83%
Original Mortgage
$137,660
Outstanding Balance
$126,887
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$57,875

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
22.83%
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
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
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $140,000 Barristers Of Ohio
Quit Claim Deed -- First American Title Ins Co
Limited Warranty Deed $57,000 Chicago Title
Sheriffs Deed $50,000 --
Special Warranty Deed -- None Available
Warranty Deed $118,500 Northstar Title Services
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,660 FHA
Previous Owner $72,000 New Conventional
Previous Owner $67,969 FHA
Previous Owner $89,652 FHA
Previous Owner $28,000 Credit Line Revolving
Previous Owner $116,623 FHA
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

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 $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

    207 Total Sales

    Gary Dodson
    Section Image
  • Natalie Iafolla

    Seller Co-Listing Agent in 2021

    Natalie Iafolla

    Howard Hanna

    (440) 308-7336

    178 Total Sales

    Natalie Iafolla
    Section Image
  • Donna Prostejovsky

    Buyer's Agent in 2021

    Donna Prostejovsky

    Howard Hanna

    (440) 610-3293

    7 Total Sales

    Donna Prostejovsky
    Section Image
  • John Lynch

    Seller's Agent in 2019

    John Lynch

    Keller Williams Citywide

    (216) 533-7007

    135 Total Sales

    John Lynch
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4110895

MLS Now

APN: 02-02-029-106-017

Ohio Lorain County Lorain 44052

1059 King Ave, Lorain, OH

This home is located at 1059 King Ave, Lorain, OH 44052 and is currently priced at $57,000, approximately $31 per square foot. This property was built in 1948. 1059 King Ave is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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