Seller's Agent in 2022
Mark Fetterman
RE/MAX Transitions
(440) 529-9577
72 in this area
555 Total Sales
1228 Root Rd Lorain, OH 44052
Estimated Value: $146,591 - $169,000
3
Beds
1
Bath
1,137
Sq Ft
$139/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Shed
- Property is Fully Fenced
- Bungalow
- Forced Air Heating and Cooling System
About This Home
As of May 2022Adorable bungalow in Lorain with updates inside and out. Outside you will see the new roof and landscaping. There is a covered front porch to enjoy your morning coffee. Inside you find the living room with large bright windows and wood floors and fresh paint. The brand new eat in kitchen has a stove and refrigerator that will stay with the home. There are 3 bedrooms on the main floor which also have hardwood floors and windows for natural light. Upstairs you will find a finished space with carpet and fresh paint as well. There is enough space for a bedroom, craft room or man cave. The basement is finished and has been waterproofed. The large backyard has a detached 2 car garage, a storage shed and plenty of room for childrens area or chairs to relax.
Last Agent to Sell the Property
RE/MAX Transitions License #2018001325 Listed on: 04/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,465
Year Built
- Built in 1951
Lot Details
- 8,712
Parking
- 2 Car Detached Garage
Home Design
- Bungalow
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,137 Sq Ft Home
- Finished Basement
- Sump Pump
- Range
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Shed
- Property is Fully Fenced
Listing and Financial Details
- Assessor Parcel Number 03-00-057-104-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2022
Closed on
May 25, 2022
Sold by
P & F Financial Services Llc
Bought by
Hernandez Edmee S
Seller's Agent
Mark Fetterman
RE/MAX Transitions
Buyer's Agent
Sabrina Semidey
Realuxe Ohio
List Price
$139,000
Sold Price
$147,000
Premium/Discount to List
$8,000
5.76%
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
$6,855
Avg. Annual Appreciation
1.34%
Original Mortgage
$144,337
Outstanding Balance
$138,282
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$15,051
Purchase Details
Closed on
Oct 4, 2021
Sold by
Palmer Richard M and Palmer Elizabeth E
Bought by
P & F Financial Services Llc
Purchase Details
Closed on
Dec 20, 2020
Sold by
Palmer Richard M
Bought by
Palmer Richard M and Palmer Elizabeth E
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 |
|---|---|---|---|
| Hernandez Edmee S | $147,000 | Infinity Title | |
| P & F Financial Services Llc | $40,000 | Infinity Title Co | |
| Palmer Richard M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Edmee S | $24,529 | |
| Open | Hernandez Edmee S | $144,337 | |
| Previous Owner | Palmer Richard M | $15,000 | |
| Previous Owner | Palmer Richard M | $10,150 | |
| Previous Owner | Palmer Richard M | $64,800 | |
| Previous Owner | Palmer Richard M | $73,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $147,000 | +5.8% | $129 / Sq Ft |
| 04/25/2022 04/25/22 | Pending | -- | -- | -- |
| 04/19/2022 04/19/22 | For Sale | $139,000 | -- | $122 / 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 | $1,666 | $40,390 | $4,585 | $35,805 |
| 2023 | $1,478 | $28,707 | $5,464 | $23,244 |
| 2022 | $1,503 | $28,707 | $5,464 | $23,244 |
| 2021 | $1,465 | $28,707 | $5,464 | $23,244 |
| 2020 | $1,399 | $23,810 | $4,530 | $19,280 |
| 2019 | $1,391 | $23,810 | $4,530 | $19,280 |
| 2018 | $1,427 | $23,810 | $4,530 | $19,280 |
| 2017 | $1,463 | $23,590 | $4,950 | $18,640 |
| 2016 | $1,451 | $23,590 | $4,950 | $18,640 |
| 2015 | $1,369 | $23,590 | $4,950 | $18,640 |
| 2014 | $1,301 | $22,470 | $4,720 | $17,750 |
| 2013 | $1,291 | $22,470 | $4,720 | $17,750 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Donato Carrero
Howard Hanna
(440) 258-8407
4 in this area
11 Total Sales
-
Buyer's Agent in 2022
Sabrina Semidey
Realuxe Ohio
(216) 785-6010
16 in this area
545 Total Sales
Map
Source: MLS Now
MLS Number: 4365431
APN: 03-00-057-104-023
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