1173 W 7th St Lorain, OH 44052
Estimated Value: $138,329 - $171,000
4
Beds
3
Baths
1,982
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- City View
- Deck
- 1 Car Detached Garage
- Cape Cod Architecture
- 1 Fireplace
- Park
About This Home
As of September 2021Charming Cape Cod, not far from Lake Erie Shores. Appealing versatile floorplan featuring spacious living room, decorative fireplace w/logs, built-ins, hardwood flooring with adjacent sunroom. Dining Room is nicely sized for holiday gatherings. Eat-in kitchen with wall of cabinets, dishwasher, garbage disposal. 3 bedrooms on the first floor. 2 of these bedrooms share a Jack and Jill bath. Upper level features private master suite with huge bath/dressing area. Tons of storage on all levels. There are actually 3 full baths in this home. Lower level has a fantastic rec room with newer carpeted flooring, also a playroom boosting of color. The unfinished area of the walk out basement offers a work room, laundry area, storage space with a stand alone toilet. Gas forced air furnace plus central air conditioning. Detached garage with partially fenced backyard. Off the back of home is a wooden deck and stairs, nicely refinished. The backyard even includes a firepit. Great location - just minutes from Lake Erie, The Black River Landings, Lakeview Park, plus The Port of Lorain offering water sports galore available along the Black River. Shopping and Entertainment close by in the Broadway Area. This home has much to offer. Come check it out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,273
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50 x 125
- North Facing Home
- Privacy Fence
- Chain Link Fence
- Level Lot
Parking
- 1 Car Detached Garage
Home Design
- Cape Cod Architecture
- Bungalow
- Brick Exterior Construction
- Tile Roof
Interior Spaces
- 1.5-Story Property
- 1 Fireplace
- City Views
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-01-006-114-004
Community Details
Overview
- Krantz Lersch Community
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2021
Closed on
Sep 16, 2021
Sold by
Rakar Michael
Bought by
Fox Dennis Joseph and Fox Linda S
Seller's Agent
Carla Harbert
RE/MAX Omega
Buyer's Agent
Matthew Toth
Real of Ohio
List Price
$134,600
Sold Price
$135,000
Premium/Discount to List
$400
0.3%
Total Days on Market
5
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
$23,582
Avg. Annual Appreciation
4.15%
Original Mortgage
$128,250
Outstanding Balance
$101,176
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$55,543
Purchase Details
Closed on
Jul 1, 2021
Sold by
Loughary Marsha D and Fifth Third Bank Na
Bought by
Rakar Michael
Purchase Details
Closed on
Aug 28, 2003
Sold by
Gagne Marc K and Gagne Michele C
Bought by
Loughary Carl F and Loughary Marsha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,760
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 9, 1999
Sold by
Marquez William and Cullen Phyllis L
Bought by
Gagne Marc K and Gagne Michele C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,880
Interest Rate
7.88%
Mortgage Type
VA
Purchase Details
Closed on
Jun 25, 1997
Sold by
Tender Estelle F
Bought by
Marquez William and Cullen Phyllis L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,447
Interest Rate
8%
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 |
|---|---|---|---|
| Fox Dennis Joseph | $135,000 | None Available | |
| Rakar Michael | $49,100 | None Available | |
| Loughary Carl F | $108,000 | Lawyers Title Ins Corp | |
| Gagne Marc K | $94,000 | Midland Title | |
| Marquez William | $78,550 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fox Dennis Joseph | $37,000 | |
| Open | Fox Dennis Joseph | $128,250 | |
| Previous Owner | Loughary Carl F | $7,000 | |
| Previous Owner | Loughary Carl F | $116,000 | |
| Previous Owner | Loughary Carl F | $110,000 | |
| Previous Owner | Loughary Carl F | $104,760 | |
| Previous Owner | Gagne Marc Kevin | $96,911 | |
| Previous Owner | Gagne Marc K | $15,295 | |
| Previous Owner | Gagne Marc K | $95,880 | |
| Previous Owner | Marquez William | $78,447 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2021 09/22/21 | Sold | $135,000 | +0.3% | $68 / Sq Ft |
| 07/28/2021 07/28/21 | Pending | -- | -- | -- |
| 07/23/2021 07/23/21 | For Sale | $134,600 | -- | $68 / 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 | $1,768 | $42,889 | $4,638 | $38,252 |
| 2023 | $1,262 | $24,493 | $4,197 | $20,297 |
| 2022 | $1,251 | $24,493 | $4,197 | $20,297 |
| 2021 | $804 | $24,493 | $4,197 | $20,297 |
| 2020 | $758 | $21,660 | $3,710 | $17,950 |
| 2019 | $754 | $21,660 | $3,710 | $17,950 |
| 2018 | $793 | $21,660 | $3,710 | $17,950 |
| 2017 | $831 | $22,150 | $4,170 | $17,980 |
| 2016 | $824 | $22,150 | $4,170 | $17,980 |
| 2015 | $777 | $22,150 | $4,170 | $17,980 |
| 2014 | $1,187 | $20,510 | $3,860 | $16,650 |
| 2013 | $1,178 | $20,510 | $3,860 | $16,650 |
Source: Public Records
Agents Affiliated with this Home
-
Carla Harbert
Seller's Agent in 2021
Carla Harbert
RE/MAX
(440) 309-5209
73 Total Sales
-
Matthew Toth
Buyer's Agent in 2021
Matthew Toth
Real of Ohio
(440) 539-2695
19 Total Sales
Map
Source: MLS Now
MLS Number: 4301626
APN: 02-01-006-114-004
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 1138 W 6th St
- 1116 W 8th St
- 747 Brownell Ave
- VL Brownell Ave
- 1040 W 9th St
- 1214 W 5th St
- 842 Brownell Ave
- 338 Oberlin Ave
- 1020 W 10th St
- 1334 W 6th St
- 1119 W 11th St
- 615 Allison Ave
- 946 Washington Ave
- 814 Lovett Place
- 1321 W 10th St
- 1231 W 2nd St
- 911 7th Ct
- 1055 W 12th St
- 1230 W 13th St
- 1502 S Lakeview Blvd