NOT LISTED FOR SALE

1127 E Erie Ave Lorain, OH 44052

Estimated Value: $168,000 - $244,000

2 Beds
1 Bath
1,035 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $35,000 $34 Per Sq Ft

Est. 502% increase in value since last sale

Current estimated payment $1,449/month

290 Days on Market

About This Home

As of January 2017

Great investment opportunity! Tenants can walk to Lakeview Park and shops/entertainment downtown.

Last Agent to Sell the Property

Denise Rakich

Russell Real Estate Services License #413724 Listed on: 03/19/2016

Russell Real Estate Services

Last Buyer's Agent

Diane Featherston

Deleted Agent License #2005007153

Deleted Agent

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,415 Sq Ft Lot
  • North Facing Home

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 2-Story Property
  • Baseboard Heating
  • Unfinished Basement

Community Details

  • 4 Units
  • Charleston Tr 01 Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 02-01-006-107-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: North
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Year Built: 1920
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Unfinished

Exterior Features

  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Charleston Tr 01

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1243
  • Parcel Number: 02-01-006-107-029

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 4
  • Gross Income: 2200.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2007
Sold by
Zieba Joseph C
Bought by
Stefanski Irene and Stefanski Chester L
Current Estimated Value
$210,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
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
Stefanski Irene $800,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stefanski Irene $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2017 01/19/17 Sold $35,000 -46.2% $34 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
03/19/2016 03/19/16 For Sale $65,000 -- $63 / 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 $4,169 $100,324 $67,302 $33,023
2023 $3,279 $62,059 $43,155 $18,904
2022 $3,251 $62,059 $43,155 $18,904
2021 $3,250 $62,059 $43,155 $18,904
2020 $3,132 $51,930 $36,110 $15,820
2019 $3,114 $51,930 $36,110 $15,820
2018 $3,116 $51,930 $36,110 $15,820
2017 $3,665 $57,590 $37,690 $19,900
2016 $3,636 $57,590 $37,690 $19,900
2015 $3,435 $57,590 $37,690 $19,900
2014 $3,228 $51,650 $33,800 $17,850
2013 $3,051 $51,650 $33,800 $17,850
Source: Public Records

Agents Affiliated with this Home

  • Denise Rakich

    Seller's Agent in 2017

    Denise Rakich

    Russell Real Estate Services

    (440) 320-3611

    21 in this area

    38 Total Sales

    Denise Rakich
    Section Image

  • D

    Buyer's Agent in 2017

    Diane Featherston

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 3790065

MLS Now

APN: 02-00-051-101-002

Ohio Lorain County Lorain 44052

1127 E Erie Ave, Lorain, OH

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