NOT LISTED FOR SALE

118 Franklin Ave Elyria, OH 44035

Estimated Value: $87,776 - $115,000

2 Beds
1 Bath
1,040 Sq Ft
$100/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $94,000 $90 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $639/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Partially Fenced Property
  • No HOA
  • Forced Air Heating System
  • 1-minute walk to West Park

About This Home

As of December 2023

Century Colonial home located on a huge double lot! Upon arrival, you are immediately welcomed by an expansive covered front porch which is the perfect spot to enjoy a relaxing afternoon/evening. Nice interior details such as high ceilings throughout the first floor and heavy crown molding in the living room. The kitchen features a double stainless sink, stainless refrigerator, gas stove, and wood cabinets. The full basement has a washer and dryer and plenty of extra living/storage space. On the back of the house is an attached wooden deck. The backyard also has a shed which is the perfect spot for yard equipment such as the included riding mower! Recent updates include: a newer HVAC including a new furnace and AC unit/condenser with an updated electronic Wi'Fi enabled thermostat, a sewer line that has a newly installed backflow preventer/clean out valve, 5 years ago the home received new windows, paint, and carpet. A home warranty is included for added peace of mind. Schedule your private showing today!

Last Agent to Sell the Property

Joy Larson

Keller Williams Elevate License #2015000804 Listed on: 12/08/2023

Keller Williams Elevate

Co-Listed By

Beth Hedtke

Keller Williams Elevate License #2019001428

Last Buyer's Agent

Robert Cole

RE/MAX Above & Beyond License #2016001279

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property
  • 06-24-054-101-004

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • S Mendelsons Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 06-24-054-101-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,460

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • ResoLotFeatures: See Remarks
  • Co List Office Phone: 440-572-1200
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: S Mendelsons Sub
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial
  • Acres: 0.12
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • LaundryFeatures: In Basement
  • 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: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-24-054-101-003
  • LandLeaseYN: No
  • Additional Parcels Description: 06-24-054-101-004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Dec 27, 2023
Sold by
Barton Josh
Bought by
Palmer Ryan
Seller's Agent
Joy Larson
Keller Williams Elevate
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$89,900
Sold Price
$94,000
Premium/Discount to List
$4,100
4.56%
Views
17
Current Estimated Value
$103,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,694
Avg. Annual Appreciation
5.03%

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 27, 2018
Sold by
Elwell Earl
Bought by
Barton Josh
Seller's Agent
Mary Shoemaker
Deleted Agent
Buyer's Agent
Eric Miller
Deleted Agent
List Price
$74,900
Sold Price
$64,000
Premium/Discount to List
-$10,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%

Purchase Details

Listed on
May 8, 2017
Closed on
Oct 10, 2017
Sold by
Lantz Mary
Bought by
Elwell Earl
Seller's Agent
Chad Schneider
Russell Real Estate Services
Buyer's Agent
Chad Schneider
Russell Real Estate Services
List Price
$36,000
Sold Price
$18,000
Premium/Discount to List
-$18,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
322.70%
Original Mortgage
$20,000
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Palmer Ryan -- None Listed On Document
Barton Josh $64,000 Miller Home Title
Elwell Earl $18,000 Miller Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elwell Earl $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2023 12/27/23 Sold $94,000 +4.6% $90 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $89,900 +40.5% $86 / Sq Ft
08/31/2018 08/31/18 Sold $64,000 -8.4% $62 / Sq Ft View Prior Sale
08/02/2018 08/02/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $69,900 -6.7% $67 / Sq Ft
06/21/2018 06/21/18 For Sale $74,900 +316.1% $72 / Sq Ft
10/12/2017 10/12/17 Sold $18,000 -39.8% $17 / Sq Ft View Prior Sale
09/26/2017 09/26/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $29,900 -16.9% $29 / Sq Ft
05/08/2017 05/08/17 For Sale $36,000 -- $35 / 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 $1,152 $24,357 $5,513 $18,844
2023 $1,465 $26,891 $3,640 $23,251
2022 $1,460 $26,891 $3,640 $23,251
2021 $1,464 $26,891 $3,640 $23,251
2020 $1,465 $23,940 $3,240 $20,700
2019 $1,456 $23,940 $3,240 $20,700
2018 $975 $15,620 $3,240 $12,380
2017 $1,005 $15,430 $3,350 $12,080
2016 $992 $15,430 $3,350 $12,080
2015 $931 $15,430 $3,350 $12,080
2014 $920 $15,430 $3,350 $12,080
2013 $912 $15,430 $3,350 $12,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5005319

MLS Now

APN: 06-24-054-101-003