NOT LISTED FOR SALE

1201 Lake Ave Elyria, OH 44035

Estimated Value: $174,526 - $197,000

6 Beds
3 Baths
2,741 Sq Ft
$70/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $189,500 $69 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,196/month

12 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 2 Car Detached Garage
  • Ceiling Fan

About This Home

As of October 2024

Charming 6-Bedroom Farmhouse in Elyria*Welcome to your dream home! This warm and inviting 6-bedroom farmhouse is packed with character and modern amenities. Nestled on double parcels, the property boasts a spacious fenced yard, perfect for gardening, along with a tranquil pond view from your private deck. Upon entering, you'll find cozy nooks throughout, including a delightful side porch right off the bedroom. The updated kitchen features stylish espresso cabinets, sleek countertops, and a beautiful backsplash—ideal for the coffee lover! The living room showcases gorgeous pocket doors, adding elegance and charm to the space. The upper attic holds incredible potential, currently featuring two additional bedrooms and a half bath with a wet sink, ready to be transformed into an in-law suite or a teen retreat. With the plumbing in place, adding a shower could easily elevate this space. Recent updates include a brand-new AC unit (2022), water tank (2024), and a complete roof tear-off (November 2023). The exterior has been freshly painted (2024), ensuring great curb appeal. The 2-car garage and electric shed provide ample storage, while workbenches in the shed cater to DIY enthusiasts. Enjoy the expansive backyard, complete with a swing set (optional), and an electric insert in the living room with wiring for a ceiling fan. Don’t miss out on this unique opportunity to own a versatile and inviting home!

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide Brokerage Email: Info@EZSalesTeam.com 216-916-7778 License #2004000516 Listed on: 09/18/2024

Keller Williams Citywide

Last Buyer's Agent

Ed Huck

Keller Williams Citywide License #390263

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • 06-24-027-108-051

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,741 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-24-027-108-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,425

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: Info@EZSalesTeam.com 216-916-7778
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 2741.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Basement: Yes
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.29
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • 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: 06-24-027-108-052
  • LandLeaseYN: No
  • Additional Parcels Description: 06-24-027-108-051
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1425.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 28, 2024
Sold by
Sherrard Mark J and Sherrard Robyn
Bought by
Tobergte Joseph A and Becks Erin N
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Ed Huck
Keller Williams Citywide
List Price
$185,000
Sold Price
$189,500
Premium/Discount to List
$4,500
2.43%
Views
39
Current Estimated Value
$190,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,132
Avg. Annual Appreciation
0.51%
Original Mortgage
$193,574
Outstanding Balance
$191,636
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
-$1,004

Purchase Details

Listed on
May 18, 2018
Closed on
Jul 13, 2018
Sold by
Nunnally Deirde S
Bought by
Sherrard Mark J
Seller's Agent
Carol Woodard
Deleted Agent
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$129,900
Sold Price
$127,900
Premium/Discount to List
-$2,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$125,582
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2003
Sold by
Bryan Timothy J and Bryan Mary J
Bought by
Nunnally Deirdre S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1995
Sold by
Luther Alfred A
Bought by
Bryan Timothy J and Bryan Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,450
Interest Rate
7.65%
Mortgage Type
FHA
Source: Public Records
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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
Tobergte Joseph A $189,500 None Listed On Document
Sherrard Mark J $127,900 None Available
Nunnally Deirdre S $109,900 Elyria Land Title
Bryan Timothy J $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tobergte Joseph A $193,574
Previous Owner Sherrard Mark J $125,582
Previous Owner Nunnally Deirdre S $99,900
Previous Owner Bryan Timothy J $74,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $189,500 +2.4% $69 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $185,000 +44.6% $67 / Sq Ft
08/06/2018 08/06/18 Sold $127,900 -1.5% $47 / Sq Ft View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $129,900 -- $47 / 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 $2,512 $52,399 $7,889 $44,510
2023 $1,425 $25,400 $1,229 $24,171
2022 $1,403 $25,400 $1,229 $24,171
2021 $1,415 $25,400 $1,230 $24,170
2020 $1,346 $21,210 $1,030 $20,180
2019 $1,290 $21,210 $1,030 $20,180
2018 $1,292 $21,210 $1,030 $20,180
2017 $1,304 $20,520 $2,000 $18,520
2016 $1,287 $20,520 $2,000 $18,520
2015 $1,205 $20,520 $2,000 $18,520
2014 $1,254 $21,600 $2,100 $19,500
2013 $1,242 $21,600 $2,100 $19,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5070867

MLS Now

APN: 06-24-027-108-052