NOT LISTED FOR SALE

1367 Nichols Ave Lorain, OH 44053

Estimated Value: $139,000 - $163,092

4 Beds
2 Baths
1,876 Sq Ft
$82/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $150,000 $80 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $939/month

28 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 1-Story Property
  • 1 Car Detached Garage
  • Hot Water Heating System

About This Home

As of June 2024

Beautifully remodeled home with four bedrooms and two full baths. New kitchen with new stove and microwave; renovated bathrooms; new flooring and carpet. Partially finished basement. Front porch and enclosed three-season back porch sitting area. One and a half car garage with new roof and security light. Newer windows and hot water furnace. Seller is offering a one-year home warranty. Move in and enjoy this low-maintenance home!

Last Agent to Sell the Property

John Fitch

Market First Real Estate Services Brokerage Email: 440-799-8081 sdewitt@marketfirstrealestate.com License #2001001517 Listed on: 05/14/2024

Last Buyer's Agent

Bernadette Stitchick

Russell Real Estate Services License #2016006073

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 1947

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Lakeview Allotment Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-02-023-104-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$684

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1947
  • Attribution Contact: 440-799-8081 sdewitt@marketfirstrealestate.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Lakeview Allotment
  • Above Grade Finished Sq Ft: 1276.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two, One
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 600.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.09
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Steam
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-023-104-028
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 684.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 13, 2024
Sold by
Happy Estates Llc
Bought by
Melendez Vilmarie Baez
Seller's Agent
John Fitch
Market First Real Estate Services
Buyer's Agent
Bernadette Stitchick
Russell Real Estate Services
List Price
$144,900
Sold Price
$150,000
Premium/Discount to List
$5,100
3.52%
Views
229
Current Estimated Value
$153,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,773
Avg. Annual Appreciation
1.98%
Original Mortgage
$112,500
Outstanding Balance
$111,083
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$42,690

Purchase Details

Listed on
Jan 14, 2017
Closed on
Mar 23, 2017
Sold by
Hud
Bought by
Happy Estates Llc
Seller's Agent
Drew Vaneck
Westway Realty
Buyer's Agent
John Fitch
Market First Real Estate Services
List Price
$25,000
Sold Price
$23,750
Premium/Discount to List
-$1,250
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.08%
Original Mortgage
$45,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2016
Sold by
Citimortgage Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2015
Sold by
Laws James C
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 28, 2006
Sold by
Sanchez Luis Alvarado and Sanchez Louis
Bought by
Laws James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,987
Interest Rate
6.88%
Mortgage Type
FHA
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Melendez Vilmarie Baez $150,000 Fidelity National Title
Happy Estates Llc $23,750 --
Hud -- --
Citimortgage Inc $24,000 None Available
Laws James C $91,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Vilmarie Baez $112,500
Previous Owner Happy Estates Llc $45,000
Previous Owner Hud $209,500
Previous Owner Laws James C $89,987
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $150,000 +3.5% $80 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $144,900 +510.1% $77 / Sq Ft
03/31/2017 03/31/17 Sold $23,750 -5.0% $19 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $25,000 -- $20 / 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 $1,491 $35,291 $7,704 $27,587
2023 $684 $12,936 $6,521 $6,416
2022 $678 $12,936 $6,521 $6,416
2021 $678 $12,936 $6,521 $6,416
2020 $739 $12,250 $6,170 $6,080
2019 $735 $12,250 $6,170 $6,080
2018 $1,554 $25,900 $6,170 $19,730
2017 $1,495 $23,500 $5,210 $18,290
2016 $1,483 $23,500 $5,210 $18,290
2015 $1,363 $23,500 $5,210 $18,290
2014 $1,360 $23,500 $5,210 $18,290
2013 $1,349 $23,500 $5,210 $18,290
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5038289

MLS Now

APN: 02-02-023-104-028