NOT LISTED FOR SALE

1314 Root Rd Lorain, OH 44052

Estimated Value: $139,984 - $162,000

2 Beds
1.5 Baths
1,184 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $65,000 $55 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $910/month

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage

About This Home

As of January 2017

Great home doesn't say enough! This Cape Cod has been freshly painted inside and offers an updated bathroom and kitchen! The hardwood floors have been professionally refinished and are gorgeous! Roof just installed Nov 2016, garage freshly painted, extra wide driveway in back and offers a huge yard that backs up to woods! Newer furnace, H2O tank, vinyl windows throughout, glass block windows,  three basement walls installed NEW in 2012 along with a full basement waterproofing. The walk up attic ready for your finishing touches for a possible 1 or 2 more bedrooms! Updated electric panel, sump pump and this home has PASSED the City of Lorain POS Inspection! This is truly a "move in ready" home with all of todays modern décor and colors! CALL TODAY to see YOUR immaculate home!

Last Agent to Sell the Property

Kerri Johnson

Russell Real Estate Services License #2005012553 Listed on: 11/07/2016

Russell Real Estate Services

Last Buyer's Agent

Brian Victor

Howard Hanna License #2015004042

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x179

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,184 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-057-104-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,236

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Price Per Square Foot: 54.90
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1184
  • Year Built: 1951
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Full
  • Living Area Sq Ft: 1184
  • Estimated Total Living Area: 1184
  • Estimated Sq Ft: 1184

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 50x179
  • Lot Size Units: Acres
  • Acres: 0.2000
  • Parcel Number: 03-00-057-104-031

Tax Info

  • Tax: 1236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2016
Closed on
Jan 8, 2017
Sold by
Underwood Ernest E and Underwood Lisa Conrad
Bought by
Thorne Rebecca
Seller's Agent
Kerri Johnson
Russell Real Estate Services
Buyer's Agent
Brian Victor
Howard Hanna
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%
Current Estimated Value
$148,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,246
Avg. Annual Appreciation
9.64%
Original Mortgage
$63,822
Outstanding Balance
$52,031
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$96,215

Purchase Details

Closed on
Sep 30, 2015
Sold by
Underwood Ernest E
Bought by
Underwood Ernest E and Underwood Lisa Conrad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thorne Rebecca $65,000 --
Underwood Ernest E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorne Rebecca $63,822
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold $65,000 -5.8% $55 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $69,000 -- $58 / 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 $1,600 $38,801 $4,585 $34,216
2023 $1,300 $25,256 $5,464 $19,793
2022 $1,289 $25,256 $5,464 $19,793
2021 $1,289 $25,256 $5,464 $19,793
2020 $1,231 $20,940 $4,530 $16,410
2019 $1,224 $20,940 $4,530 $16,410
2018 $1,290 $20,940 $4,530 $16,410
2017 $1,355 $21,300 $4,950 $16,350
2016 $1,345 $21,300 $4,950 $16,350
2015 $1,236 $21,300 $4,950 $16,350
2014 $701 $20,290 $4,720 $15,570
2013 $663 $20,290 $4,720 $15,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3858488

MLS Now

APN: 03-00-057-104-031