1207 W 2nd St Lorain, OH 44052
Estimated Value: $120,000 - $155,000
4
Beds
2
Baths
1,468
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- Lake View
- Enclosed patio or porch
- Forced Air Heating and Cooling System
- Cape Cod Architecture
- Shed
- 1-Story Property
About This Home
As of July 2022Phenomenal opportunity for your next home or investment property in Lorain! This home provides over 1,400 square feet of living space with updates throughout. It is just waiting for your finishing touches! The home has been converted into two units with separate entrances, ideal for a rental unit or in-law suite. It could also easily be converted back into a 4 bedroom, 2 bathroom home. The first floor unit provides ~800 square feet of living space. It includes a large living room, two spacious bedrooms, a full bathroom, and an updated kitchen with durable ceramic flooring, a range and a fridge. Plus, there is a lovely three-season room at the front of the house with large windows that look out over greenspace and Lake Erie on the horizon. A balcony at the back of the home leads to the second floor unit, which provides ~600 square feet of living space. Here, you will find a large living room, a kitchen, two bedrooms, and a full bathroom. The front bedroom includes nice built-in drawers and a lovely view of the lake. The full lower level was recently reinforced and back plastered, and includes a laundry area, a utility shower, glass block windows, a 2020 furnace and a 2019 water heater. Outside, there is an unfinished storage area at the back of the house and a shed to keep outdoor equipment safe. Located just off of 6 on a street overlooking Lake Erie, this home provides convenient access to area shopping and parks. Do not miss this one!
Last Agent to Sell the Property
Keller Williams Greater Metropolitan License #237938 Listed on: 06/01/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,298
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
Home Design
- Cape Cod Architecture
- Asphalt Roof
Interior Spaces
- 1,468 Sq Ft Home
- 1-Story Property
- Lake Views
Kitchen
- Built-In Oven
- Cooktop
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Enclosed patio or porch
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Hogans Add 01 Community
Listing and Financial Details
- Assessor Parcel Number 02-02-026-104-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2022
Closed on
Jul 27, 2022
Sold by
Vandyke Christopher R
Bought by
Phillips Barbara Ann
Seller's Agent
Terry Young
Keller Williams Greater Metropolitan
Buyer's Agent
Shawana Hanson
Real of Ohio
List Price
$94,900
Sold Price
$102,000
Premium/Discount to List
$7,100
7.48%
Total Days on Market
1
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
$35,708
Avg. Annual Appreciation
11.07%
Original Mortgage
$5,100
Interest Rate
5.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 12, 2011
Sold by
Vandyke Jennifer N
Bought by
Vandyke Christopher R
Purchase Details
Closed on
Oct 25, 2007
Sold by
Vandyke Jennifer N
Bought by
Vandyke Christopher R and Van Dyke Jennifer N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,245
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2005
Sold by
Busick Paul A
Bought by
Vandyke Jennifer N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Lorain, OH
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Phillips Barbara Ann | -- | Sandhu Law Group Llc | |
| Vandyke Christopher R | -- | Tucker Abstract & Title Co I | |
| Vandyke Christopher R | -- | Ohio Title & Escrow Agency L | |
| Vandyke Jennifer N | -- | Elyria Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phillips Barbara Ann | $5,278 | |
| Closed | Phillips Barbara Ann | $5,100 | |
| Open | Phillips Barbara Ann | $100,152 | |
| Previous Owner | Vandyke Christopher R | $78,128 | |
| Previous Owner | Vandyke Christopher R | $84,245 | |
| Previous Owner | Vandyke Jennifer N | $67,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Sold | $102,000 | +7.5% | $69 / Sq Ft |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- |
| 06/01/2022 06/01/22 | For Sale | $94,900 | -- | $65 / 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 | $2,105 | $51,051 | $12,040 | $39,011 |
| 2023 | $1,309 | $25,417 | $9,097 | $16,321 |
| 2022 | $1,298 | $25,417 | $9,097 | $16,321 |
| 2021 | $1,298 | $25,417 | $9,097 | $16,321 |
| 2020 | $1,250 | $21,270 | $7,610 | $13,660 |
| 2019 | $1,243 | $21,270 | $7,610 | $13,660 |
| 2018 | $1,072 | $21,270 | $7,610 | $13,660 |
| 2017 | $900 | $14,510 | $3,820 | $10,690 |
| 2016 | $892 | $14,510 | $3,820 | $10,690 |
| 2015 | $842 | $14,510 | $3,820 | $10,690 |
| 2014 | $840 | $14,510 | $3,820 | $10,690 |
| 2013 | $833 | $14,510 | $3,820 | $10,690 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Young
Seller's Agent in 2022
Terry Young
Keller Williams Greater Metropolitan
(216) 378-9618
1,362 Total Sales
-
Shawana Hanson
Buyer's Agent in 2022
Shawana Hanson
Real of Ohio
(216) 971-3161
46 Total Sales
Map
Source: MLS Now
MLS Number: 4376754
APN: 02-02-026-104-010
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
- 1231 W 2nd St
- 338 Oberlin Ave
- 1214 W 5th St
- 1334 W 6th St
- 1138 W 6th St
- 615 Allison Ave
- 1502 S Lakeview Blvd
- 1507 S Lakeview Blvd
- 1116 W 8th St
- VL Brownell Ave
- 842 Brownell Ave
- 1322 W 9th St
- 1040 W 9th St
- 911 7th Ct
- 1321 W 10th St
- 1020 W 10th St
- 816 Lexington Ave
- 946 Washington Ave
- 1119 W 11th St
- 1013-1017 Washington