NOT LISTED FOR SALE

1221 New Mexico Ave Lorain, OH 44052

Estimated Value: $135,000 - $162,154

3 Beds
2 Baths
945 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $150,000 $159 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $959/month

4 Days on Market

Highlights

  • City View
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Double Pane Windows
  • 2 Car Garage

About This Home

As of August 2024

This cute, brick ranch is perfect for a starter or a downsizer. The bones are solid in this little brick charmer, and it is an easy property to maintain. Relax under the covered patio while the kids play in the large sideyard. Mature trees shade the home and allow you to keep the A/C on low. There is a full bath and a bar in the basement. There is also space downstairs to create another bedroom in addition to the existing entertainment room. The home is just blocks away from 6 different neighborhood parks, and Century Park offers public beach access. Nestled in between Colorado and Erie Ave, you are minutes away from I-90, T3, Harbor Walk, Rockin' On The River, and downtown Lorain. Don't hesitate! Book your showing today!!!

Last Agent to Sell the Property

Jonathan Wright

Civitas Real Estate Group Brokerage Email: listwithjonathan@gmail.com 440-739-0533 License #2024005087 Listed on: 07/03/2024

Civitas Real Estate Group

Last Buyer's Agent

David Axford

Russell Real Estate Services License #2017005678

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 71x122
  • West Facing Home
  • 03-00-056-103-030

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 945 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Larkmoor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-056-103-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1962
  • Attribution Contact: listwithjonathan@gmail.com 440-739-0533
  • Reso View: City
  • Subdivision Name: Larkmoor
  • Above Grade Finished Sq Ft: 945.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoWindowFeatures: Double Pane Windows
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Bath/Stubbed
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s)
  • Roof: Asphalt, Shingle
  • Fencing: None
  • Acres: 0.2
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: West
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Off Street, Paved

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-056-103-007
  • LandLeaseYN: No
  • Lot Dimensions: 71x122
  • Additional Parcels Description: 03-00-056-103-030
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1550.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Jul 31, 2024
Sold by
Ortega Giovanni and Perez-Rivera Koraima
Bought by
Rodriguez James
Seller's Agent
Jonathan Wright
Civitas Real Estate Group
Buyer's Agent
David Axford
Russell Real Estate Services
List Price
$137,566
Sold Price
$150,000
Premium/Discount to List
$12,434
9.04%
Views
14
Current Estimated Value
$151,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039
Avg. Annual Appreciation
0.64%
Original Mortgage
$7,500
Outstanding Balance
$7,430
Interest Rate
6.95%
Estimated Equity
$143,609

Purchase Details

Closed on
Feb 7, 2021
Sold by
Walker Nancy Marie and Grignon Nancy Marie
Bought by
Ortega Giovanni and Perez Rivera Koraima

Purchase Details

Closed on
Nov 8, 2016
Sold by
Lorain County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 14, 2005
Sold by
Stewart John H and Stewart Ingrid
Bought by
Dozier Terance Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Rodriguez James $150,000 Miller Home Title
Ortega Giovanni $116,000 Miller Home Title
Us Bank Na $44,100 --
Dozier Terance Lee $120,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez James $7,500
Open Rodriguez James $147,283
Previous Owner Perez Rivera Koraima $113,898
Previous Owner Grignon Nancy Marie $50,000
Previous Owner Dozier Terance L $15,000
Previous Owner Dozier Terance Lee $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $150,000 +9.0% $159 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $137,566 +18.6% $146 / Sq Ft
07/07/2021 07/07/21 Sold $116,000 +1.0% $123 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $114,900 +220.1% $122 / Sq Ft
03/31/2017 03/31/17 Sold $35,900 -10.0% $38 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/17/2017 02/17/17 Price Changed $39,900 -11.1% $42 / Sq Ft
01/18/2017 01/18/17 Price Changed $44,900 -10.0% $48 / Sq Ft
12/05/2016 12/05/16 For Sale $49,900 -- $53 / 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 $1,930 $46,799 $4,102 $42,697
2023 $1,550 $30,093 $4,750 $25,344
2022 $1,536 $30,093 $4,750 $25,344
2021 $1,576 $30,093 $4,750 $25,344
2020 $1,505 $24,950 $3,940 $21,010
2019 $1,496 $24,950 $3,940 $21,010
2018 $1,504 $24,950 $3,940 $21,010
2017 $1,512 $23,760 $4,430 $19,330
2016 $1,461 $23,760 $4,430 $19,330
2015 $1,379 $23,760 $4,430 $19,330
2014 $1,310 $22,630 $4,220 $18,410
2013 $1,300 $22,630 $4,220 $18,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5050981

MLS Now

APN: 03-00-056-103-007