NOT LISTED FOR SALE

122 Taft Ave Elyria, OH 44035

Estimated Value: $67,000 - $104,000

3 Beds
2 Baths
1,104 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $60,000 $54 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $547/month

184 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • 3-minute walk to Cascade Park
  • Forced Air Heating System

About This Home

As of September 2023

Two ranch style homes on one parcel! Single family in front is a 1bed 1bath and rear is a 2bed 1bath. Both very well maintained. Great for a first time home buyer with rental income from tenant, investor looking for cash flow, or even friends who want to be neighbors, the possibilities!
Come by, check out this unique property & Make an offer today!

Last Agent to Sell the Property

Mathew Chase

Keller Williams Greater Metropolitan License #2013002819 Listed on: 02/25/2023

Keller Williams Greater Metropolitan

Co-Listed By

Stephanie Miller

Keller Williams Greater Metropolitan License #2018003009

Last Buyer's Agent

Ben Cooper

Russell Real Estate Services License #2019004006

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1940

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Mendelson Community

Listing and Financial Details

  • Assessor Parcel Number 06-24-055-103-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,237

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 54.35
  • Estimated Price per Sq Ft: 54.35
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1104
  • Year Built: 1940
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1104.00
  • Sq Ft Approx Total Finished: 1104.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Mendelson

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1000
  • Parcel Number: 06-24-055-103-014
  • LandLeaseYN: No

Tax Info

  • Tax: 1237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Sep 19, 2023
Sold by
Cres Properties Ltd
Bought by
Andrew Rachel and Andrew Forrest
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Ben Cooper
Russell Real Estate Services
List Price
$141,000
Sold Price
$60,000
Premium/Discount to List
-$81,000
-57.45%
Views
350
Current Estimated Value
$85,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,312
Avg. Annual Appreciation
16.85%
Original Mortgage
$48,000
Outstanding Balance
$46,982
Interest Rate
6.96%
Mortgage Type
Credit Line Revolving
Estimated Equity
$38,330

Purchase Details

Closed on
Sep 21, 2000
Sold by
Abbe Mobile Home Park
Bought by
Cres Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
8.05%

Purchase Details

Closed on
Sep 14, 2000
Sold by
Edward Janosky
Bought by
Abbe Mobile Home Park

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
8.05%
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
Andrew Rachel $60,000 None Listed On Document
Cres Properties Ltd $58,000 Midland Title
Abbe Mobile Home Park $42,100 Midland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrew Rachel $48,000
Previous Owner Cres Properties Ltd $46,400
Previous Owner Abbe Mobile Home Park $37,916
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $60,000 -33.3% $54 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
07/26/2023 07/26/23 Price Changed $89,900 -9.1% $81 / Sq Ft
06/21/2023 06/21/23 Price Changed $98,900 -6.3% $90 / Sq Ft
04/13/2023 04/13/23 Price Changed $105,500 -8.3% $96 / Sq Ft
03/14/2023 03/14/23 Price Changed $115,000 -18.4% $104 / Sq Ft
02/25/2023 02/25/23 For Sale $141,000 -- $128 / 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 $1,195 $24,640 $4,900 $19,740
2023 $1,241 $22,232 $3,892 $18,340
2022 $1,237 $22,232 $3,892 $18,340
2021 $1,240 $22,232 $3,892 $18,340
2020 $1,242 $19,800 $3,470 $16,330
2019 $1,234 $19,800 $3,470 $16,330
2018 $1,289 $19,800 $3,470 $16,330
2017 $1,342 $20,610 $3,500 $17,110
2016 $1,326 $20,610 $3,500 $17,110
2015 $1,244 $20,610 $3,500 $17,110
2014 $1,229 $20,610 $3,500 $17,110
2013 $1,218 $20,610 $3,500 $17,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4440339

MLS Now

APN: 06-24-055-103-014