$23,750
SOLD MAR 31, 2017

1367 Nichols Ave Lorain, OH 44053

4 Beds
2 Baths
1,276 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$19 Per Sq Ft

5% Below List Price

44 Days on Market

Highlights

  • 1 Car Detached Garage
  • Baseboard Heating
  • Partially Fenced Property
  • Bungalow
  • Heating System Uses Steam
  • 1-Story Property

About This Home

As of June 2024

* 4 Bedroom Bungalow * * 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 *

Last Agent to Sell the Property

Drew Vaneck

Westway Realty License #268119 Listed on: 01/14/2017

Last Buyer's Agent

John Fitch

Market First Real Estate Services License #2001001517

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 43 x 100
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,276 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • Lakeview Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-023-104-028

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • Price Per Square Foot: 18.61
  • Estimated Price per Sq Ft: 18.61
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1276
  • Year Built: 1947
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Full
  • Living Area Sq Ft: 1276
  • Sq Ft Approx Above Grade Finished: 1276.00
  • Sq Ft Approx Total Finished: 1276.00

Exterior Features

  • Exterior: Aluminum
  • Fences: Chain Link, Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Gas
  • Heating Type: Baseboard, Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Lakeview Allotment

Schools

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

Lot Info

  • Lot Dimensions: 43 x 100
  • Lot Size Units: Acres
  • Acres: 0.0900
  • Parcel Number: 02-02-023-104-028

Tax Info

  • Tax: 1363

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
1.96%
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:

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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 Type Sale Price Title Company
Warranty Deed $150,000 Fidelity National Title
Deed $23,750 --
Special Warranty Deed -- --
Sheriffs Deed $24,000 None Available
Warranty Deed $91,400 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 Credit Line Revolving
Previous Owner $45,000 Commercial
Previous Owner $209,500 New Conventional
Previous Owner $89,987 FHA
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

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Map

Source: MLS Now

MLS Number: 3869234

MLS Now

APN: 02-02-023-104-028