NOT LISTED FOR SALE

1338 W 2nd St Lorain, OH 44052

Estimated Value: $262,000 - $982,540

4 Beds
3.5 Baths
3,358 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $625,000 $186 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,099/month

45 Days on Market

Highlights

  • Boathouse
  • Lake View
  • Colonial Architecture
  • Beach Front
  • 0.36 Acre Lot
  • Deck

About This Home

As of December 2018

Price Reduced!!..One-of-a-kind custom Lake Erie front home, boasting of spectacular waterfront views surrounded by graceful sand dunes and sailboats. The sandy beachfront provides views of a century old lighthouse, panoramic sunsets, boats, and soaring eagles. Gleaming hardwood floors grace the first floor with a traditional floor plan, yet open concept kitchen, great room, and dining space. A separate dining room provides for entertaining overflow. The kitchen with granite island, cooktop stove, KitchenAid appliances, double ovens, & solid wood cabinetry with upscale inset doors and pullouts. The two story great room features; a high end gas fireplace insert, floor to ceiling windows, and Andersen sliding doors to the top level of the bi-level deck. Adjacent to the family room is the first floor master suite w/ french doors, two walk-in closets, on-suite bath w/separate Jacuzzi tub, & glass enclosure porcelain tile shower. A finished walkout lower level w/coffered ceilings, additional gas fireplace, a full bath, and fourth car garage to store all your lake accessories. The third level has two separate loft spaces and three generously sized bedrooms. The third level bath is fit for luxury with granite countertops, ample lighting, and a large tiled shower. New roof/gutters/AC/dishwasher/disposal in 2018. Swing on the bottom deck swing, directly in front of your beach or head down the street to Lorain County Metroparks or BlackRiver Landing for an evening concert.

Last Agent to Sell the Property

Summer Mayhugh

Berkshire Hathaway HomeServices Professional Realty License #2014004965 Listed on: 09/06/2018

Berkshire Hathaway HomeServices Professional Realty

Co-Listed By

Joseph Rath

Redfin Real Estate Corporation License #2014002982

Last Buyer's Agent

Judy Kalfas

Deleted Agent License #444609

Deleted Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,301

Year Built

  • Built in 1999

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 80x250
  • Beach Front
  • Lake Front
  • South Facing Home
  • Hilly Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,358 Sq Ft Home
  • Central Vacuum
  • Sound System
  • 2 Fireplaces
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Direct Access Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Boathouse
  • Deck
  • Patio

Utilities

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

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 02-02-027-102-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,301

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: South
  • Price Per Square Foot: 186.12
  • Estimated Price per Sq Ft: 186.12
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 3358
  • Year Built: 1999
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Audio System, Central Vacuum, CO Detector, Cooktop, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Wall Oven, Range, Refrigerator, Security System, Smoke Detector, Sump Pump, Washer
  • Fireplaces: 2
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 13
  • Basement Detail: Finished, Full, Walk-Out
  • Sq Ft Approx Above Grade Finished: 3358.00
  • Sq Ft Approx Total Finished: 3358.00

Exterior Features

  • View: Lake Erie, Water View
  • Exterior: Stone, Vinyl
  • Exterior Features: Boat House, Deck, Patio
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Door Opener, Drain, Electric, Water Available
  • Garage Num Of Cars: 4

Utilities

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

Association/Amenities

  • Amenities: Park

Schools

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

Lot Info

  • Lot Dimensions: 80x250
  • Lot Description: Beach Front, Hillside, Lake Erie Front, Lake Front, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.3590
  • Parcel Number: 02-02-027-102-009

Tax Info

  • Tax: 9301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Dec 7, 2018
Sold by
Krusing Peter J and Krusing Maryclare B
Bought by
Houseman Bruce E and Houseman Carmen I
Seller's Agent
Summer Mayhugh
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Judy Kalfas
Deleted Agent
List Price
$648,000
Sold Price
$625,000
Premium/Discount to List
-$23,000
-3.55%
Current Estimated Value
$595,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,487
Avg. Annual Appreciation
-1.54%
Original Mortgage
$468,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Krusing Peter J and Krusing Maryclare B
Bought by
Krusing Peter J and Krusing Maryclare B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2010
Sold by
Kehler Harold and Kehler Mary Jane
Bought by
Krusing Peter J and Krusing Maryclare B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 1998
Sold by
King Patricia
Bought by
Kehler Harold and Kehler Mary Jane
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
Houseman Bruce E $625,000 None Available
Krusing Peter J -- --
Krusing Peter J $455,000 None Available
Kehler Harold $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houseman Bruce E $468,750
Previous Owner Krusing Peter J $265,000
Previous Owner Krusing Peter J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $625,000 -0.5% $186 / Sq Ft
10/21/2018 10/21/18 Pending -- -- --
10/10/2018 10/10/18 Price Changed $628,000 -3.1% $187 / Sq Ft
09/06/2018 09/06/18 For Sale $648,000 -- $193 / 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 $11,303 $274,145 $55,181 $218,964
2023 $9,394 $182,389 $45,672 $136,717
2022 $9,312 $182,389 $45,672 $136,717
2021 $9,311 $182,389 $45,672 $136,717
2020 $8,972 $152,630 $38,220 $114,410
2019 $8,920 $152,630 $38,220 $114,410
2018 $8,924 $152,630 $38,220 $114,410
2017 $9,301 $150,000 $34,700 $115,300
2016 $9,226 $150,000 $34,700 $115,300
2015 $8,703 $150,000 $34,700 $115,300
2014 $8,337 $144,040 $31,120 $112,920
2013 $8,274 $144,040 $31,120 $112,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4033262

MLS Now

APN: 02-02-027-102-009