NOT LISTED FOR SALE

1203 King Ave Lorain, OH 44052

Estimated Value: $186,000 - $204,000

3 Beds
2 Baths
1,483 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $121,450 $82 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,241/month

151 Days on Market

Highlights

  • City View
  • 1 Fireplace
  • 2 Car Detached Garage
  • Colonial Architecture
  • Tennis Courts
  • Park

About This Home

As of March 2021

Welcome to this cozy 2 story colonial home located in one of Lorain's most desired neighborhoods on the west side. This home is located within walking distance of Lakeview Park and the most valuable asset in Northern Ohio... Lake Erie! As you enter through the front door you will experience a warm and comfortable environment. The home features wood stained trim, built-in cabinets and a window seat in the dining room. The living room features 2 unique colored stain glass windows alongside a gorgeous stone fireplace. Many of the rooms in the home have genuine oak flooring. The modern kitchen offers an eat-in area by windows looking out to the backyard. Three bedrooms on the second floor provide room for a growing family. A walk up attic from the second floor provides additional storage. The main bathroom on the second floor has a shower and tub with newer counters and sinks. A second bathroom exists in the basement. The basement has a laundry area and storage areas. The detached 2 car garage sits in a backyard with a privacy fence and a great outdoor activity area with a firepit. Feel safe living in the home which includes a security system and integrated smoke detector system. Come soon to see this nostalgic home!

Last Agent to Sell the Property

Gregory Fior

The Swanzer Agency License #2003010054 Listed on: 09/21/2020

Last Buyer's Agent

Patricia Renaud

Russell Real Estate Services License #2015001021

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1929

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 40 x 144
  • West Facing Home
  • Privacy Fence
  • Wood Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,483 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • City Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-029-110-005

Community Details

Overview

  • Erie Park Community

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 81.89
  • Estimated Price per Sq Ft: 81.89
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1483
  • Year Built: 1929
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Appliances Equipment: CO Detector, Dishwasher, Dryer, Garbage Disposal, Humidifier, Wall Oven, Refrigerator, Security System, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1483.00
  • Sq Ft Approx Total Finished: 1483.00

Exterior Features

  • View: City View
  • Exterior: Wood
  • Fences: Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Gas, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park, Playground, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Erie Park

Schools

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

Lot Info

  • Lot Dimensions: 40 x 144
  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 02-02-029-110-005

Tax Info

  • Tax: 1934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Mar 25, 2021
Sold by
Gomez David
Bought by
Scharkley Tori and Brown Brooke A
Seller's Agent
Gregory Fior
The Swanzer Agency
Buyer's Agent
Patricia Renaud
Russell Real Estate Services
List Price
$139,900
Sold Price
$121,450
Premium/Discount to List
-$18,450
-13.19%
Current Estimated Value
$196,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,467
Avg. Annual Appreciation
8.87%
Original Mortgage
$116,450
Outstanding Balance
$105,850
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$72,315

Purchase Details

Closed on
Jul 9, 2019
Sold by
Gomez David and Gomez Cara M
Bought by
Gomez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Scharkley Tori $121,500 Erieview Title Agency Llc
Gomez David -- Miller Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scharkley Tori $116,450
Previous Owner Gomez David $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $121,450 0.0% $82 / Sq Ft
02/19/2021 02/19/21 Off Market $121,450 -- --
02/19/2021 02/19/21 Pending -- -- --
02/11/2021 02/11/21 Price Changed $119,900 -3.2% $81 / Sq Ft
12/14/2020 12/14/20 Price Changed $123,900 -8.2% $84 / Sq Ft
10/05/2020 10/05/20 Price Changed $134,900 -3.6% $91 / Sq Ft
09/21/2020 09/21/20 For Sale $139,900 -- $94 / 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 $2,363 $57,302 $8,593 $48,710
2023 $2,070 $40,194 $7,119 $33,075
2022 $2,052 $40,194 $7,119 $33,075
2021 $2,052 $40,194 $7,119 $33,075
2020 $1,944 $33,080 $5,860 $27,220
2019 $1,933 $33,080 $5,860 $27,220
2018 $1,934 $33,080 $5,860 $27,220
2017 $1,792 $28,830 $5,520 $23,310
2016 $1,777 $28,830 $5,520 $23,310
2015 $1,677 $28,830 $5,520 $23,310
2014 $1,844 $31,860 $6,100 $25,760
2013 $1,830 $31,860 $6,100 $25,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4225702

MLS Now

APN: 02-02-029-110-005