NOT LISTED FOR SALE

1331 Nichols Ave Lorain, OH 44053

Estimated Value: $78,000 - $101,000

1 Bed
2 Baths
758 Sq Ft
$120/Sq Ft Est. Value

About This Home

This home is located at 1331 Nichols Ave, Lorain, OH 44053 and is currently estimated at $90,964, approximately $120 per square foot. 1331 Nichols Ave is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Jackson-Steinem Holdings Llc
Bought by
Clay Sullivan Realty Llc
Current Estimated Value
$90,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Outstanding Balance
$452,000
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$361,123

Purchase Details

Closed on
Mar 14, 2025
Sold by
Bsda Llc
Bought by
Jackson-Steinem Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Outstanding Balance
$452,000
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$361,123

Purchase Details

Closed on
Jun 16, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Northeast Ventures Ltd

Purchase Details

Closed on
Apr 28, 2008
Sold by
Weaver Leeland L
Bought by
Deutsche Bank National Trust Co and The Pooling & Servicing Agreement Series

Purchase Details

Closed on
Jul 31, 1995
Sold by
Velez Vince
Bought by
Weaver Leland L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Clay Sullivan Realty Llc $667,500 American Patriot Title
Jackson-Steinem Holdings Llc $470,000 American Patriot Title
Northeast Ventures Ltd $9,900 --
Deutsche Bank National Trust Co $36,000 Resource Title Agency Inc
Weaver Leland L $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clay Sullivan Realty Llc $452,000
Previous Owner Bsda Llc $39,550
Previous Owner Weaver Leeland L $61,600
Previous Owner Weaver Leland L $41,000
Source: Public Records

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 $1,133 $26,821 $7,168 $19,653
2023 $1,099 $20,797 $6,136 $14,662
2022 $1,090 $20,797 $6,136 $14,662
2021 $1,089 $20,797 $6,136 $14,662
2020 $1,187 $19,700 $5,810 $13,890
2019 $1,181 $19,700 $5,810 $13,890
2018 $1,163 $19,700 $5,810 $13,890
2017 $1,144 $17,980 $4,840 $13,140
2016 $1,135 $17,980 $4,840 $13,140
2015 $1,072 $17,980 $4,840 $13,140
2014 $1,070 $17,980 $4,840 $13,140
2013 $1,062 $17,980 $4,840 $13,140
Source: Public Records

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