NOT LISTED FOR SALE

1108 Lake Ave Elyria, OH 44035

Estimated Value: $98,000 - $146,000

4 Beds
1 Bath
1,528 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $58,000 $38 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $847/month

8 Days on Market

About This Home

As of April 2020

AS-IS. INVESTOR SPECIAL OR GREAT FIRST HOME!! Make this the new home for your family or your latest rental property. Don't miss out on this spacious 4 bedroom family home. Seller has done many updates such as new porches, siding, flooring, and so much more! Close to everything, highways, shopping, parks, and schools. Bedroom on main floor for your convenience, separate formal dining, three bedrooms up, and lots of attic storage. Call today for showings!

Last Agent to Sell the Property

Betty Higgins

Keller Williams Citywide License #2004019824 Listed on: 03/09/2020

Keller Williams Citywide

Last Buyer's Agent

Brock Morgan

Howard Hanna License #2015002756

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,067

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,528 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Bramans Community

Listing and Financial Details

  • Assessor Parcel Number 06-24-027-109-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,067

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 37.96
  • Estimated Price per Sq Ft: 37.96
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1528
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Crawl, Partial, Unfinished
  • Sq Ft Approx Above Grade Finished: 1528.00
  • Sq Ft Approx Total Finished: 1528.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Bramans

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0900
  • Parcel Number: 06-24-027-109-006

Tax Info

  • Tax: 1067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Apr 24, 2020
Sold by
Papuga Jessica M and Hagler Tyrell L
Bought by
Caro Hector L Franqui
Seller's Agent
Betty Higgins
Keller Williams Citywide
Buyer's Agent
Brock Morgan
Howard Hanna
List Price
$59,900
Sold Price
$58,000
Premium/Discount to List
-$1,900
-3.17%
Current Estimated Value
$127,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,384
Avg. Annual Appreciation
14.88%
Original Mortgage
$56,949
Outstanding Balance
$51,650
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$75,734

Purchase Details

Listed on
Jul 26, 2012
Closed on
Jun 7, 2013
Sold by
Ziarno Pawel D
Bought by
Papuga Jessica M and Hagler Tyrell L
Seller's Agent
Bill Landers
Keller Williams Citywide
List Price
$33,000
Sold Price
$15,000
Premium/Discount to List
-$18,000
-54.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.69%

Purchase Details

Closed on
Apr 16, 2009
Sold by
Blake St Real Estate Investors Iii Lp
Bought by
Ziarno Pawel D

Purchase Details

Closed on
Dec 23, 2008
Sold by
National City Bank
Bought by
Blake St Real Estate Investors Iii Lp

Purchase Details

Closed on
Oct 2, 2007
Sold by
Vandersommen Lillian M
Bought by
National City Bank

Purchase Details

Closed on
Apr 27, 2004
Sold by
Rausch John A
Bought by
Vandersommen Lillian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Caro Hector L Franqui $58,000 Miller Home Title
Papuga Jessica M $15,000 Old Republic Title
Ziarno Pawel D $13,000 Landcastle Title Llc
Blake St Real Estate Investors Iii Lp $5,400 Landcastle Title Llc
National City Bank $48,000 None Available
Vandersommen Lillian M $79,900 Midland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caro Hector L Franqui $56,949
Previous Owner Vandersommen Lillian M $63,900
Closed Vandersommen Lillian M $15,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2020 04/30/20 Sold $58,000 -3.2% $38 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $59,900 +299.3% $39 / Sq Ft
06/10/2013 06/10/13 Sold $15,000 -54.5% $10 / Sq Ft View Prior Sale
05/24/2013 05/24/13 Pending -- -- --
07/26/2012 07/26/12 For Sale $33,000 -- $22 / 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 $2,151 $45,458 $3,773 $41,685
2023 $1,144 $20,983 $2,905 $18,078
2022 $1,140 $20,983 $2,905 $18,078
2021 $1,151 $20,983 $2,905 $18,078
2020 $1,129 $17,520 $2,430 $15,090
2019 $1,065 $17,520 $2,430 $15,090
2018 $1,067 $17,520 $2,430 $15,090
2017 $948 $15,100 $2,360 $12,740
2016 $935 $15,100 $2,360 $12,740
2015 $875 $15,100 $2,360 $12,740
2014 $910 $15,890 $2,480 $13,410
2013 $1,395 $23,600 $2,480 $21,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4173866

MLS Now

APN: 06-24-027-109-006