NOT LISTED FOR SALE

123 Waverly Place Lorain, OH 44052

Estimated Value: $194,000 - $225,000

4 Beds
2 Baths
1,518 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $197,000 $130 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,336/month

29 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Enclosed Patio or Porch
  • Park or Greenbelt View
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Lakeview Park area home, Get ready for Summer 2024!! Walk to the beach or Lorain County Metro-parks picnic area @ rear of the property. Front yard has lake views. This would make a great vacation or VRBO home. Boating , swimming, jet skiing, paddle boarding, kayaking , fishing, you name it this location offers it all. Garage for jet ski's or boat , kayak storage plus rear patio for those summer picnics. The park is amazing plus the sunset's views over Lake Erie is relaxing and walking down the boardwalk. The Best!! Walk to the Lorain's Friday night concerts Rocking on the River! This home offers 4 bedrooms, 2 full baths , plus enclosed front porch amazing, and a lower level bedroom or finished family room has egress window permitted by city. This location is 30 minutes from Cedar Point and Lake Erie Islands. Don's let this one go by without a serious look or investment opportunity. Beach home , vacation rental, or a lover of Lake Erie living this home has it all!! Call Now!

Last Agent to Sell the Property

Gary Dodson

Howard Hanna Brokerage Phone: 440-320-6464 License #290885 Listed on: 02/08/2024

Howard Hanna

Co-Listed By

Natalie Iafolla

Howard Hanna Brokerage Phone: 440-320-6464 License #2014004565

Last Buyer's Agent

Jessica Felty

RE/MAX Above & Beyond License #2018001795

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,778

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 42x95
  • Street terminates at a dead end
  • West Facing Home
  • Vinyl Fence
  • Chain Link Fence
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Park or Greenbelt Views
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • O F Hageman Trustee Allotment Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-029-102-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,778

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1924
  • Attribution Contact: 440-320-6464
  • ResoLotFeatures: Dead End, Paved
  • ResoPoolFeatures: None
  • Reso View: Park/Greenbelt, Lake
  • Co List Office Phone: 440-793-0100
  • Subdivision Name: O F Hageman Trustee Allotment
  • Above Grade Finished Sq Ft: 1258.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Range
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 260.0
  • Fireplace Features: None
  • Main Level Bathrooms: 1
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link, Vinyl
  • Acres: 0.09
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: West
  • Foundation Details: Block
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage

Utilities

  • LaundryFeatures: Lower Level
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: 02-02-029-102-008
  • LandLeaseYN: No
  • Lot Dimensions: 42x95
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1778.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 2, 2024
Sold by
Legacy Property Management Llc
Bought by
Ortiz Elizabeth A and Miller Michael Duane
Seller's Agent
Gary Dodson
Howard Hanna
Buyer's Agent
Jessica Felty
RE/MAX Above & Beyond
List Price
$194,900
Sold Price
$197,000
Premium/Discount to List
$2,100
1.08%
Views
128
Current Estimated Value
$215,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,418
Avg. Annual Appreciation
5.86%
Original Mortgage
$193,431
Outstanding Balance
$190,552
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$24,866

Purchase Details

Listed on
Aug 25, 2015
Closed on
Oct 5, 2015
Sold by
Poyle Brian K
Bought by
Legacy Property Management Llc
Seller's Agent
David Reddy
Keller Williams Citywide
Buyer's Agent
Nikki Harsa
Russell Real Estate Services
List Price
$30,000
Sold Price
$32,555
Premium/Discount to List
$2,555
8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.59%

Purchase Details

Closed on
May 6, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Rosewood Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2008
Sold by
Scarpelli Dominick A and Scarpelli Angela
Bought by
Deutsche Bank National Trust Co and Hsi Asset Securitization Corp 2005-Opt1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Schetter Basil J and Schetter Sharon B
Bought by
Scarpelli Dominick A and Scarpelli Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ortiz Elizabeth A $197,000 First American Title
Legacy Property Management Llc $32,600 First American Title Ins Co
Rosewood Enterprises Inc $42,000 Accutitle Agency Inc
Deutsche Bank National Trust Co $83,000 None Available
Scarpelli Dominick A $102,900 North Point Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Elizabeth A $193,431
Previous Owner Rosewood Enterprises Inc $25,000
Previous Owner Scarpelli Dominick A $102,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2024 04/03/24 Sold $197,000 +1.1% $130 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $194,900 +498.7% $128 / Sq Ft
10/06/2015 10/06/15 Sold $32,555 +8.5% $26 / Sq Ft View Prior Sale
09/18/2015 09/18/15 Pending -- -- --
08/25/2015 08/25/15 For Sale $30,000 -- $24 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $2,505 $59,290 $17,581 $41,710
2023 $1,778 $33,656 $10,633 $23,023
2022 $1,763 $33,656 $10,633 $23,023
2021 $1,762 $33,656 $10,633 $23,023
2020 $1,699 $28,170 $8,900 $19,270
2019 $1,689 $28,170 $8,900 $19,270
2018 $1,690 $28,170 $8,900 $19,270
2017 $1,225 $19,250 $9,450 $9,800
2016 $2,006 $31,780 $9,540 $22,240
2015 $1,895 $31,780 $9,540 $22,240
2014 $1,986 $31,780 $9,540 $22,240
2013 $1,877 $31,780 $9,540 $22,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5016259

MLS Now (Howard Hanna)

APN: 02-02-029-102-008