NOT LISTED FOR SALE

122 Potomac Dr Elyria, OH 44035

Estimated Value: $233,939 - $246,000

3 Beds
2.5 Baths
1,924 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $85,000 $44 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,520/month

41 Days on Market

Highlights

  • Contemporary Architecture
  • Baseboard Heating
  • Property is Fully Fenced
  • 2 Car Attached Garage
  • East Facing Home

About This Home

As of July 2018

Welcome home to 122 Potomac Dr located in desirable Washington Village Subdivision. This spacious 3 bedroom contemporary home is just waiting for
your personal touches. This home features a nice sized kitchen with newer laminate flooring, open to carpeted dining area. Spacious living room with wall of windows. Family room with bricked area for a wood stove. First floor laundry room. Master Bedroom features nice sized closet with private bath. All bedrooms are on the upper floor. Fully fenced backyard with large storage shed. Two car garage features extra storage cabinets and more. HUD #412-540082. Property is being sold "As-Is". It is FHA IE-Repair Escrow. (Insurability Subject To Buyer's Appraisal) Pre-Approval or Proof of Funds are required. Buyer is responsible for all due diligence and inquiry of all property information and condition. Owner occupancy restrictions may apply. *Equal Housing Opportunity* Please visit HUDHomeStore for additional information or to view more available properties.

Last Agent to Sell the Property

Carla Harbert

RE/MAX Omega License #2003019176 Listed on: 04/26/2018

Co-Listed By

Gary Elswick

Deleted Agent License #353455

Last Buyer's Agent

Daniel Minnich

Minnich Realty, LLC. License #2012002582

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 6,917 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Privacy Fence

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,924 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Baseboard Heating

Community Details

  • Washington Village Sub Community

Listing and Financial Details

  • Assessor Parcel Number 05-00-088-000-017

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Contemporary/Modern
  • House Faces: East
  • Price Per Square Foot: 44.18
  • Estimated Price per Sq Ft: 44.18
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1924
  • Year Built: 1978
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Appliances Equipment: Dishwasher
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Sq Ft Approx Above Grade Finished: 1924.00
  • Sq Ft Approx Total Finished: 1924.00

Exterior Features

  • Exterior: Vinyl, Wood
  • Exterior Features: Storage Shed/Out Bld
  • Fences: Full, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Washington Village Sub

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1588
  • Parcel Number: 05-00-088-000-017

Tax Info

  • Tax: 2453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 19, 2018
Sold by
Hud
Bought by
Milliner Rhuie L
Seller's Agent
Carla Harbert
RE/MAX Omega
Buyer's Agent
Daniel Minnich
Minnich Realty, LLC.
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%
Current Estimated Value
$240,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,985
Avg. Annual Appreciation
14.99%
Original Mortgage
$82,450
Outstanding Balance
$71,613
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$169,372

Purchase Details

Closed on
Apr 3, 2018
Sold by
Jp Morgan Chase Bank
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2018
Sold by
Lorain County Sheriff
Bought by
Jp Morgan Chase Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Milliner Rhuie L -- Erieview Title
Hud -- None Available
Jp Morgan Chase Bank $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milliner Rhuie L $82,450
Previous Owner Hud $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2018 07/23/18 Sold $85,000 -10.5% $44 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $95,000 -- $49 / 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 $3,120 $64,358 $14,000 $50,358
2023 $2,534 $45,385 $6,416 $38,969
2022 $2,526 $45,385 $6,416 $38,969
2021 $2,532 $45,385 $6,416 $38,969
2020 $2,350 $37,480 $5,300 $32,180
2019 $2,336 $37,480 $5,300 $32,180
2018 $2,283 $37,480 $5,300 $32,180
2017 $2,453 $38,090 $5,640 $32,450
2016 $2,389 $38,090 $5,640 $32,450
2015 $2,238 $38,090 $5,640 $32,450
2014 $2,211 $38,090 $5,640 $32,450
2013 $2,190 $38,090 $5,640 $32,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3993178

MLS Now

APN: 05-00-088-000-017