1231 W 11th St Lorain, OH 44052
Estimated Value: $149,000 - $166,000
4
Beds
2
Baths
1,968
Sq Ft
$80/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Forced Air Heating System
- Baseboard Heating
- 2 Fireplaces
About This Home
As of May 2018Vintage 1920 3-Bedroom Colonial with a beautiful one bedroom in-law suite attached. The main home offers a large front porch, large living room and dining room, updated galley kitchen with appliances, three good sized bedrooms with deep closets and updated ceramic tile bath. Refinished hardwood floors throughout. Move in ready, this house is in immaculate condition -windows are updated, new gas furnace and maintenance free vinyl siding. Perfect for lazy summer sitting enjoying a quiet evening few minutes from the famous Lakeview Park (Metro Park) Rose Garden, beach and park.
An attached in-law suite offers multiple Buyer options. With a large lovely kitchen, dining room, living room, bedroom, updated ceramic tile bathroom, and den area with a walk out deck, it is a gem of an addition. Use it for your extended family, or as a home office. With all new windows and separate electric baseboard heat the place is a cozy little place with multiple possibilities. Utilities for each “home” are separate (other than water). The yard is fenced.
The location of this home is perfect for the boater or family biking to the beach and park. Lorain’s housing resurgence started a trend of bringing people back to the Lake Erie area where they can purchase quality homes with old world craftsmanship and charm at a price that is still affordable. Don’t hesitate on this one -it is a gem of a home (and cozy extra home)!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,576
Year Built
- Built in 1920
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 42x157
- Unpaved Streets
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,968 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Gas
Community Details
- Brownells Add Community
Listing and Financial Details
- Assessor Parcel Number 02-02-026-120-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2017
Closed on
May 15, 2018
Sold by
Fenner Donald R and Fenner Kathleen
Bought by
Loach Michael D
Seller's Agent
Gary Dodson
Howard Hanna
Buyer's Agent
Pam Hakaim
RE/MAX Above & Beyond
List Price
$94,900
Sold Price
$88,400
Premium/Discount to List
-$6,500
-6.85%
Total Days on Market
138
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
$68,337
Avg. Annual Appreciation
8.52%
Original Mortgage
$86,798
Outstanding Balance
$77,368
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$79,344
Purchase Details
Closed on
Nov 23, 2002
Sold by
Pledged Property Iii Llc
Bought by
Fenner Donald R and Fenner Kathleen
Purchase Details
Closed on
Aug 13, 2002
Sold by
Bankers Trust Company Na
Bought by
Pledged Property Iii Llc and Deutsche Bank National Trust Company
Purchase Details
Closed on
Apr 23, 2002
Sold by
Everett Barker and Barker Geraldine
Bought by
Bankers Trust Company Na and Amresco Residential Securities Mtg Loan
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Similar Homes in Lorain, OH
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loach Michael D | $88,400 | None Available | |
| Fenner Donald R | $69,875 | -- | |
| Pledged Property Iii Llc | -- | -- | |
| Bankers Trust Company Na | $46,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loach Michael D | $4,226 | |
| Open | Loach Michael D | $21,130 | |
| Closed | Loach Michael D | $21,130 | |
| Open | Loach Michael D | $86,798 | |
| Previous Owner | Fenner Donald R | $63,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2018 05/30/18 | Sold | $88,400 | -6.8% | $45 / Sq Ft |
| 03/26/2018 03/26/18 | Pending | -- | -- | -- |
| 11/08/2017 11/08/17 | For Sale | $94,900 | -- | $48 / 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 | $1,501 | $36,411 | $5,397 | $31,014 |
| 2023 | $1,772 | $34,405 | $5,698 | $28,707 |
| 2022 | $1,757 | $34,405 | $5,698 | $28,707 |
| 2021 | $1,757 | $34,405 | $5,698 | $28,707 |
| 2020 | $1,788 | $30,420 | $5,040 | $25,380 |
| 2019 | $1,778 | $30,420 | $5,040 | $25,380 |
| 2018 | $1,825 | $30,420 | $5,040 | $25,380 |
| 2017 | $1,589 | $24,970 | $6,320 | $18,650 |
| 2016 | $1,576 | $24,970 | $6,320 | $18,650 |
| 2015 | $1,489 | $24,970 | $6,320 | $18,650 |
| 2014 | $1,376 | $23,120 | $5,850 | $17,270 |
| 2013 | $1,366 | $23,120 | $5,850 | $17,270 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Dodson
Seller's Agent in 2018
Gary Dodson
Howard Hanna
(440) 320-6464
208 Total Sales
-
Pam Hakaim
Buyer's Agent in 2018
Pam Hakaim
RE/MAX
(440) 935-4294
100 Total Sales
Map
Source: MLS Now
MLS Number: 3955299
APN: 02-02-026-120-004
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