NOT LISTED FOR SALE

1063 E Erie Ave Lorain, OH 44052

Estimated Value: $408,000 - $488,000

4 Beds
3 Baths
2,675 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $269,900 $101 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,847/month

206 Days on Market

Highlights

  • Lake Front
  • 0.36 Acre Lot
  • Victorian Architecture
  • In Ground Pool
  • Deck
  • 2 Fireplaces

About This Home

As of March 2020

REDUCED PRICE! Beautiful Lake Erie Waterfront home with classic front porch, back deck, and a beautiful in-ground pool. The pool has a new liner, and is very well maintained. Amazing classic details throughout. Beautiful woodwork, ornamental fireplaces, and an updated kitchen. There is an amazing sunroom on the back of the home with a deck for barbequing. Enjoy entertaining in the formal dining room and large living room leading to the sunroom. The upstairs includes a full bath with historic features, three bedrooms and a large common area with Lake Erie views. The two car garage has a full one bedroom unit on the second floor complete with sunroom, living room, kitchen, dining area and bath/laundry on the Lake Erie with amazing views. Apartment, guest house, game room, party suite, family & friend space.... use your imagination and explore the options!

Last Agent to Sell the Property

Lee Hisey

Deleted Agent License #2004009002 Listed on: 06/28/2019

Deleted Agent

Last Buyer's Agent

Ada Taylor

Northeast Ohio Real Estate Services LLC License #227116

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 1920

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 58x314
  • Lake Front
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Running Water Available in Garage
  • Garage Door Opener

Home Design

  • Victorian Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Rubber Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,675 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-01-003-103-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,837

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Road Frontage Type: Lakefront
  • ResoLotFeatures: Irregular Lot, Lake Erie Front, Lake Front, Waterfront
  • ResoPoolFeatures: In Ground
  • Reso View: Lake, Water
  • Above Grade Finished Sq Ft: 2675.0
  • Architectural Style: Victorian
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 2
  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass, Rubber
  • Fencing: Other
  • Acres: 0.36
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Garage, Garage Door Opener, Paved, Water Available

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: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-003-103-006
  • Lot Dimensions: 58x314
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5837.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Mar 3, 2020
Sold by
Brown Thomas E and Brown Stephony R
Bought by
Jones Lana Y and Jones Tony M
Seller's Agent
Lee Hisey
Deleted Agent
Buyer's Agent
Ada Taylor
Northeast Ohio Real Estate Services LLC
List Price
$299,900
Sold Price
$269,900
Premium/Discount to List
-$30,000
-10%
Current Estimated Value
$437,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,672
Avg. Annual Appreciation
8.91%
Original Mortgage
$242,910
Outstanding Balance
$215,538
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$222,034

Purchase Details

Closed on
Jun 1, 2000
Sold by
Lee Jean T and Lee Timothy E
Bought by
Brown Thomas E and Brown Stephony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.66%
Source: Public Records

Range of Values:

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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
Jones Lana Y $269,900 None Available
Brown Thomas E $220,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Lana Y $242,910
Previous Owner Brown Thomas E $176,000
Closed Brown Thomas E $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $269,900 0.0% $101 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/16/2019 11/16/19 Price Changed $269,900 -6.9% $101 / Sq Ft
10/05/2019 10/05/19 Price Changed $289,900 -3.3% $108 / Sq Ft
09/03/2019 09/03/19 For Sale $299,900 0.0% $112 / Sq Ft
08/26/2019 08/26/19 Price Changed $299,900 -4.8% $112 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/25/2019 07/25/19 Price Changed $314,900 -1.6% $118 / Sq Ft
06/28/2019 06/28/19 For Sale $319,900 -- $120 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $6,622 $159,698 $56,826 $102,872
2023 $5,490 $105,490 $44,541 $60,949
2022 $5,442 $105,490 $44,541 $60,949
2021 $5,442 $105,490 $44,540 $60,950
2020 $5,323 $88,270 $37,270 $51,000
2019 $5,213 $88,270 $37,270 $51,000
2018 $5,724 $88,270 $37,270 $51,000
2017 $6,232 $100,390 $40,590 $59,800
2016 $6,182 $100,390 $40,590 $59,800
2015 $5,832 $100,390 $40,590 $59,800
2014 $5,218 $90,030 $36,400 $53,630
2013 $5,178 $90,030 $36,400 $53,630
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lee Hisey

    Deleted Agent

    Section Image
  • Ada Taylor

    Buyer's Agent in 2020

    Ada Taylor

    Northeast Ohio Real Estate Services LLC

    (440) 258-8717

    2 in this area

    37 Total Sales

    Ada Taylor
    Section Image
See All Agents

Map

Source: MLS Now (Howard Hanna)

MLS Number: 4111541

MLS Now (Howard Hanna)

APN: 02-01-003-103-006

Ohio Lorain County Lorain 44052

1063 E Erie Ave, Lorain, OH

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.

MLS Now (Howard Hanna) 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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