1386 Madison Ave Lorain, OH 44053
Estimated Value: $88,000 - $109,000
2
Beds
2
Baths
592
Sq Ft
$167/Sq Ft
Est. Value
About This Home
This home is located at 1386 Madison Ave, Lorain, OH 44053 and is currently estimated at $98,907, approximately $167 per square foot. 1386 Madison 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
Jul 22, 2014
Sold by
Lynn Jason N
Bought by
Lynn Jason N and Lynn Jennifer L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 22, 2002
Sold by
Vanniel Edward J
Bought by
Lynn Jason N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
7%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 29, 1994
Sold by
Barreiro Fernando
Bought by
Vanniel Edward J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,100
Interest Rate
8.5%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lynn Jason N | -- | Old Republic Natl Title Ins | |
| Lynn Jason N | $70,000 | Insignia Title Agency Ltd | |
| Vanniel Edward J | $38,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Lynn Jason N | $52,800 | |
| Closed | Lynn Jason N | $69,400 | |
| Previous Owner | Vanniel Edward J | $36,100 |
Source: Public Records
Tax History Compared to Growth
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 | $1,038 | $25,169 | $7,168 | $18,001 |
| 2023 | $989 | $19,208 | $6,647 | $12,562 |
| 2022 | $981 | $19,208 | $6,647 | $12,562 |
| 2021 | $981 | $19,208 | $6,647 | $12,562 |
| 2020 | $1,069 | $18,190 | $6,290 | $11,900 |
| 2019 | $1,063 | $18,190 | $6,290 | $11,900 |
| 2018 | $1,046 | $18,190 | $6,290 | $11,900 |
| 2017 | $1,028 | $16,580 | $4,840 | $11,740 |
| 2016 | $1,020 | $16,580 | $4,840 | $11,740 |
| 2015 | $962 | $16,580 | $4,840 | $11,740 |
| 2014 | $960 | $16,580 | $4,840 | $11,740 |
| 2013 | $952 | $16,580 | $4,840 | $11,740 |
Source: Public Records
Map
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