NOT LISTED FOR SALE

1323 Michigan Ave Lorain, OH 44052

Estimated Value: $121,000 - $167,000

3 Beds
1 Bath
1,488 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $39,852 $27 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $876/month

23 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Property is Fully Fenced
  • 1 Fireplace
  • Forced Air Heating System

About This Home

As of September 2018

* Three Bedroom Bi-Level with Large Yard * HUD Owned Property Sold AS-IS * Buyer is responsible for due diligence and inquiry of all property information/condition * FHA Insured Escrow * Owner Occupancy Restrictions may Apply * Equal Housing Opportunity * HUD requires the buyer to apply and pay for the Point of Sale Inspection required by the City of Lorain *

Last Agent to Sell the Property

Drew Vaneck

Westway Realty License #268119 Listed on: 07/25/2018

Last Buyer's Agent

Jamie Claxon

C&D Realty, LLP License #2024003724

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence
  • Unpaved Streets

Parking

  • 1 Car Detached Garage

Home Design

  • Bi-Level Home
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Hoy Lo Mae Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-049-122-006

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bi-Level
  • Price Per Square Foot: 33.55
  • Estimated Price per Sq Ft: 33.55
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1188
  • Year Built: 1963
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement Detail: Partially Finished
  • Sq Ft Approx Above Grade Finished: 1188.00
  • Sq Ft Approx Below Grade Finished: 300.00
  • Sq Ft Approx Total Finished: 1488.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck
  • Fences: Chain Link, Full, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Hoy Lo Mae

Schools

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

Lot Info

  • Lot Dimensions: 60 x 125
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-049-122-006

Tax Info

  • Tax: 1439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 28, 2018
Sold by
Emth Properties Llc
Bought by
Them Properties Llc
Seller's Agent
Drew Vaneck
Westway Realty
Buyer's Agent
Jamie Claxon
C&D Realty, LLP
List Price
$40,000
Sold Price
$39,852
Premium/Discount to List
-$148
-0.37%
Current Estimated Value
$142,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,935
Avg. Annual Appreciation
19.69%
Original Mortgage
$42,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 18, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Emth Properties Llc
Seller's Agent
Drew Vaneck
Westway Realty
Buyer's Agent
Jamie Claxon
C&D Realty, LLP
List Price
$40,000
Sold Price
$39,852
Premium/Discount to List
-$148
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2018
Sold by
Lorain County Sheriff
Bought by
Pennymac Loan Services Llc

Purchase Details

Closed on
Feb 11, 2016
Sold by
Adana Realty Co
Bought by
Haggard Kourtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,478
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jul 17, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Adana Realty Co
Seller's Agent
Kenneth Myers
Deleted Agent
Buyer's Agent
William Schram
CENTURY 21 DePiero & Associates, Inc.
List Price
$24,000
Sold Price
$23,100
Premium/Discount to List
-$900
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.45%

Purchase Details

Listed on
Jun 22, 2015
Closed on
Jul 8, 2015
Sold by
Hall James K and Hall James
Bought by
Deutsche Bank National Trust Co
Seller's Agent
Kenneth Myers
Deleted Agent
Buyer's Agent
William Schram
CENTURY 21 DePiero & Associates, Inc.
List Price
$24,000
Sold Price
$23,100
Premium/Discount to List
-$900
-3.75%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Hall James K
Bought by
Hall James K and Hall Katria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
Hillcrest Development Co
Bought by
Hall James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2002
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Hillcrest Development Company

Purchase Details

Closed on
Oct 9, 2001
Sold by
Mark Sloan
Bought by
Wells Fargo Bank Minnesota Na and Salomon Brothers Mtg Securities Vii Inc
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
Them Properties Llc -- None Available
Emth Properties Llc -- American Patriot Title Agenc
Pennymac Loan Services Llc $40,000 --
Haggard Kourtney $84,000 None Available
Adana Realty Co $23,100 Omega Title Agency Llc
Deutsche Bank National Trust Co $20,000 None Available
Hall James K -- --
Hall James K $91,000 --
Hillcrest Development Company $55,000 --
Wells Fargo Bank Minnesota Na $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Emth Properties Llc $42,000
Previous Owner Haggard Kourtney $82,478
Previous Owner Hall James K $96,900
Previous Owner Hall James K $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $39,852 -0.4% $27 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $40,000 +73.2% $27 / Sq Ft
07/30/2015 07/30/15 Sold $23,100 -3.8% $16 / Sq Ft View Prior Sale
07/07/2015 07/07/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $24,000 -- $16 / 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 $1,527 $36,134 $4,382 $31,752
2023 $1,739 $32,921 $5,593 $27,328
2022 $1,724 $32,921 $5,593 $27,328
2021 $1,724 $32,921 $5,593 $27,328
2020 $1,646 $27,300 $4,640 $22,660
2019 $1,637 $27,300 $4,640 $22,660
2018 $1,517 $27,300 $4,640 $22,660
2017 $1,439 $23,200 $6,290 $16,910
2016 $1,465 $23,200 $6,290 $16,910
2015 $1,346 $23,200 $6,290 $16,910
2014 $1,310 $22,100 $5,990 $16,110
2013 $1,269 $22,100 $5,990 $16,110
Source: Public Records

Agents Affiliated with this Home

  • Drew Vaneck

    Seller's Agent in 2018

    Drew Vaneck

    Westway Realty

    (440) 899-5044

    4 in this area

    120 Total Sales

    Drew Vaneck
    Section Image

  • J

    Buyer's Agent in 2018

    Jamie Claxon

    C&D Realty, LLP

    (440) 382-7775

    84 Total Sales

    Jamie Claxon
    Section Image

  • K

    Seller's Agent in 2015

    Kenneth Myers

    Deleted Agent

    Section Image

  • W

    Buyer's Agent in 2015

    William Schram

    CENTURY 21 DePiero & Associates, Inc.

    (440) 842-7200

    3 Total Sales

    William Schram
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4019542

MLS Now

APN: 03-00-049-122-006

Ohio Lorain County Lorain 44052

1323 Michigan Ave, Lorain, OH

This home is located at 1323 Michigan Ave, Lorain, OH 44052 since 25 July 2018 and is currently estimated at $142,787, approximately $95 per square foot. This property was built in 1963. 1323 Michigan Ave is a home located in Lorain County with nearby schools including Larkmoor Elementary School, Longfellow Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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