NOT LISTED FOR SALE

1318 W 7th St Lorain, OH 44052

Estimated Value: $167,000 - $182,000

4 Beds
2 Baths
1,728 Sq Ft
$100/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $130,000 $75 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,052/month

80 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of March 2021

So much space! So much storage! So much potential! 1318 W. 7th has just what you're looking for. This beautiful three level Colonial features four bedrooms and two full bathrooms. The welcoming porch greets you at the front door. The original hardwood floors which run into the living room and the office have recently been refinished. In the eat-in-kitchen, newer windows and the sliding patio doors let in lots of natural light and lead out to the spacious back yard. (Existing oven to be replaced with a Whirlpool range.) There, you will find the oversized two car garage as well. Moving to the second level of the home you will find an oversized full bathroom and three bedrooms. Going up to the third level is the fourth bedroom. Or make it a craft room, man cave, or storage, whatever you want! This home has great bones and is looking for a new owner to make it his own! Call today because this is a lot of home for your family that won’t last!

Last Agent to Sell the Property

Anne Zacharias

Howard Hanna License #2014004252 Listed on: 11/16/2020

Howard Hanna

Last Buyer's Agent

Shaura Rodgers

Real of Ohio License #2016002898

Real of Ohio

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,647

Year Built

  • Built in 1910

Lot Details

  • 6,970

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,728 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-02-026-109-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,647

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 75.23
  • Estimated Price per Sq Ft: 75.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 1728
  • Year Built: 1910
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Dishwasher, Range
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1728.00
  • Sq Ft Approx Total Finished: 1728.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-026-109-020

Tax Info

  • Tax: 1647

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Divvy Homes Warehouse A Llc
Bought by
Young Robert
Current Estimated Value
$172,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,497
Outstanding Balance
$157,780
Interest Rate
7.13%
Mortgage Type
FHA
Estimated Equity
$14,757

Purchase Details

Listed on
Nov 16, 2020
Closed on
Mar 18, 2021
Sold by
Dimacchia Anthony J and Dimacchia Morgan
Bought by
Divvy Homes Wareshouse Llc
Seller's Agent
Anne Zacharias
Howard Hanna
Buyer's Agent
Shaura Rodgers
Real of Ohio
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
May 9, 2001
Sold by
Weber Brian P and Weber Diane M
Bought by
Dimacchia Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Young Robert $162,400 Divvy Title Agency
Divvy Homes Wareshouse Llc $130,000 None Available
Dimacchia Anthony J $95,000 Insignia Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Robert $159,497
Previous Owner Dimacchia Anthony J $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $130,000 0.0% $75 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $130,000 0.0% $75 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
12/14/2020 12/14/20 Price Changed $130,000 -7.1% $75 / Sq Ft
11/16/2020 11/16/20 For Sale $139,900 -- $81 / 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 $1,659 $39,260 $5,821 $33,439
2023 $1,641 $31,063 $5,268 $25,795
2022 $1,628 $31,063 $5,268 $25,795
2021 $1,627 $31,063 $5,268 $25,795
2020 $1,657 $27,470 $4,660 $22,810
2019 $1,647 $27,470 $4,660 $22,810
2018 $1,700 $27,470 $4,660 $22,810
2017 $1,752 $27,540 $6,290 $21,250
2016 $1,739 $27,540 $6,290 $21,250
2015 $1,643 $27,540 $6,290 $21,250
2014 $1,517 $25,490 $5,820 $19,670
2013 $1,506 $25,490 $5,820 $19,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4240418

MLS Now

APN: 02-02-026-109-020