1229 W 7th St Lorain, OH 44052
Estimated Value: $93,000 - $129,000
2
Beds
1
Bath
1,440
Sq Ft
$78/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Covered patio or porch
- Energy-Efficient Appliances
- No HOA
- 1 Car Detached Garage
- Awning
About This Home
As of March 2024Welcome HOME to this newly updated 2 Bedroom bungalow located on the west side of Lorain. You are within walking distance of Lake View Park AND Lake view beach!! Only minutes to Black River Landing as well. Easy access to shopping, dining and all major highways!! This house also has 2 brand new bonus rooms in the basement that could be used as spare bedrooms, offices, etc.... ! First Floor bedroom and a first floor laundry room make living without steps a breeze!! Your 2nd floor bedroom has an attached loft area that could be used a gaming area or office space. Recent updates include all new flooring, paint, appliances, kitchen faucet, electrical and lighting! Your roof, siding, windows, driveway and garage are all approximately 10 years old. Plenty of storage space available for all of your sporting and lawncare equipment in your 12 x 8 shed with electricity and lighting! Everything is ready to go....All you have to do is MOVE IN!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $924
Year Built
- Built in 1933
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 35x165
- North Facing Home
Parking
- 1 Car Detached Garage
- Lighted Parking
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Cape Cod Architecture
- Bungalow
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Awning
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Insulation
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Brownhelm Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-02-026-112-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2024
Closed on
Mar 11, 2024
Sold by
Lawson Steven J and Lawson Denise
Bought by
Rosecrans Rianna Louise
Seller's Agent
Steven Lawson
Russell Real Estate Services
Buyer's Agent
Christopher Foisy
Howard Hanna
List Price
$130,000
Sold Price
$127,500
Premium/Discount to List
-$2,500
-1.92%
Total Days on Market
26
Views
126
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
-$15,198
Avg. Annual Appreciation
-5.02%
Original Mortgage
$125,190
Outstanding Balance
$123,947
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
-$4,146
Purchase Details
Closed on
Oct 27, 2023
Sold by
Irvin Sharon L
Bought by
Lawson Steven J and Lawson Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 17, 2014
Sold by
Irvin Sharon L and Irvin Sharon L
Bought by
Canter Janet L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 19, 2010
Sold by
List Steve A and List Faye S
Bought by
Irvin Hugh F and Irvin Sharon L
Purchase Details
Closed on
Jul 31, 2001
Sold by
List Steve A and List Faye Sutton
Bought by
Irvin Hugh and Irvin Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rosecrans Rianna Louise | $127,500 | Network Land Title | |
| Lawson Steven J | $70,000 | Network Land Title | |
| Irvin Hugh F | $45,000 | Lawyers Title Co | |
| Irvin Hugh | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rosecrans Rianna Louise | $125,190 | |
| Closed | Rosecrans Rianna Louise | $6,375 | |
| Previous Owner | Lawson Steven J | $59,500 | |
| Previous Owner | Irvin Sharon L | $37,600 | |
| Previous Owner | Irvin Hugh | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2024 03/11/24 | Sold | $127,500 | 0.0% | $89 / Sq Ft |
| 01/31/2024 01/31/24 | Pending | -- | -- | -- |
| 01/29/2024 01/29/24 | Price Changed | $127,500 | -1.9% | $89 / Sq Ft |
| 01/04/2024 01/04/24 | For Sale | $130,000 | -- | $90 / 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 | $1,184 | $28,018 | $4,631 | $23,387 |
| 2023 | $932 | $17,654 | $4,890 | $12,765 |
| 2022 | $925 | $17,654 | $4,890 | $12,765 |
| 2021 | $924 | $17,654 | $4,890 | $12,765 |
| 2020 | $941 | $15,610 | $4,320 | $11,290 |
| 2019 | $936 | $15,610 | $4,320 | $11,290 |
| 2018 | $1,064 | $15,610 | $4,320 | $11,290 |
| 2017 | $1,192 | $18,740 | $5,420 | $13,320 |
| 2016 | $614 | $18,740 | $5,420 | $13,320 |
| 2015 | $580 | $18,740 | $5,420 | $13,320 |
| 2014 | $463 | $17,350 | $5,020 | $12,330 |
| 2013 | $459 | $16,720 | $5,020 | $11,700 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Lawson
Seller's Agent in 2024
Steven Lawson
Russell Real Estate Services
(440) 320-9888
429 Total Sales
-
Christopher Foisy
Buyer's Agent in 2024
Christopher Foisy
Howard Hanna
(440) 396-4391
91 Total Sales
Map
Source: MLS Now
MLS Number: 5009568
APN: 02-02-026-112-010
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