NOT LISTED FOR SALE

1173 W 7th St Lorain, OH 44052

Estimated Value: $157,885 - $191,000

4 Beds
3 Baths
1,982 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $135,000 $68 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,074/month

5 Days on Market

Highlights

  • City View
  • Deck
  • 1 Car Detached Garage
  • Cape Cod Architecture
  • 1 Fireplace
  • Park

About This Home

As of September 2021

Charming 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!

Last Agent to Sell the Property

Carla Harbert

RE/MAX Omega License #2003019176 Listed on: 07/23/2021

Last Buyer's Agent

Matthew Toth

Real of Ohio License #2012002674

Real of Ohio

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,273

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Cape Cod
  • House Faces: North
  • Price Per Square Foot: 92.98
  • Estimated Price per Sq Ft: 92.98
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1452
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Sump Pump
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Room Count: 11
  • Basement Detail: Finished, Full, Walk-Out
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1452.00
  • Sq Ft Approx Below Grade Finished: 530.00
  • Sq Ft Approx Total Finished: 1982.00

Exterior Features

  • View: City View
  • Exterior: Brick, Wood
  • Exterior Features: Deck
  • Fences: Chain Link, Privacy
  • Roof: Tile

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Krantz Lersch

Schools

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

Lot Info

  • Lot Dimensions: 50 x 125
  • Lot Description: Level/Flat
  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 02-01-006-114-004

Tax Info

  • Tax: 1273

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%
Current Estimated Value
$174,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,971
Avg. Annual Appreciation
4.09%
Original Mortgage
$128,250
Outstanding Balance
$101,176
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$57,406

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%
Source: Public Records

Range of Values:

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Average Value
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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
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 $128,250
Previous Owner Loughary Carl F $104,760
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

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 $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

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Map

Source: MLS Now

MLS Number: 4301626

MLS Now

APN: 02-01-006-114-004