NOT LISTED FOR SALE

1388 Nichols Ave Lorain, OH 44053

Estimated Value: $83,000 - $94,000

1 Bed
1 Bath
967 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $88,500 $92 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $528/month

5 Days on Market

Highlights

  • No HOA
  • 1 Car Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Take a look at this well-maintained gem close to Lake Erie. The home offers one floor living at its finest! This is the perfect starter home or a great option for downsizing. Enjoy the almost fully fenced private back yard. The detached garage offers all the storage you need. This cozy home just needs your personal touches & you can call it home!

Last Agent to Sell the Property

Gary Post

RE/MAX Crossroads Properties Brokerage Phone: 440-935-0341 License #2004009889 Listed on: 06/04/2024

RE/MAX Crossroads Properties

Co-Listed By

Kelly Post

RE/MAX Crossroads Properties Brokerage Phone: 440-935-0341 License #2016000954

Last Buyer's Agent

Tabitha Amador

Russell Real Estate Services License #2020007061

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $469

Year Built

  • Built in 1957

Lot Details

  • 3,920

Parking

  • 1 Car Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 967 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • 3,920 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Wallace 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-023-103-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$469

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1957
  • Attribution Contact: 440-935-0341
  • Co List Office Mls Id: 20195
  • Co List Office Phone: 440-517-1560
  • Subdivision Name: Wallace 01
  • Above Grade Finished Sq Ft: 967.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.09
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • 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: 02-02-023-103-016
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 469.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 3, 2024
Sold by
Mason Mary D
Bought by
Lopez Onyx A
Seller's Agent
Gary Post
RE/MAX Crossroads Properties
Buyer's Agent
Tabitha Amador
Russell Real Estate Services
List Price
$85,000
Sold Price
$88,500
Premium/Discount to List
$3,500
4.12%
Views
55
Current Estimated Value
$90,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,983
Avg. Annual Appreciation
-1.09%
Original Mortgage
$84,075
Outstanding Balance
$83,433
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$3,883
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 Buyer Sale Price Title Company
Lopez Onyx A $88,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Onyx A $84,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $88,500 +4.1% $92 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $85,000 -- $88 / 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 $579 $23,846 $7,168 $16,678
2023 $469 $18,277 $6,647 $11,631
2022 $487 $18,277 $6,647 $11,631
2021 $487 $18,277 $6,647 $11,631
2020 $503 $17,310 $6,290 $11,020
2019 $500 $17,310 $6,290 $11,020
2018 $500 $17,310 $6,290 $11,020
2017 $394 $15,110 $4,840 $10,270
2016 $391 $15,110 $4,840 $10,270
2015 $369 $15,110 $4,840 $10,270
2014 $368 $15,110 $4,840 $10,270
2013 $365 $15,110 $4,840 $10,270
Source: Public Records

Agents Affiliated with this Home

  • Gary Post

    Seller's Agent in 2024

    Gary Post

    RE/MAX

    (440) 935-0341

    57 in this area

    221 Total Sales

    Gary Post
    Section Image
  • Kelly Post

    Seller Co-Listing Agent in 2024

    Kelly Post

    RE/MAX

    (440) 759-3279

    50 in this area

    182 Total Sales

    Kelly Post
    Section Image

  • T

    Buyer's Agent in 2024

    Tabitha Amador

    Russell Real Estate Services

    (440) 328-5497

    25 in this area

    43 Total Sales

    Tabitha Amador
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5043413

MLS Now

APN: 02-02-023-103-016

Ohio Lorain County Lorain 44053

1388 Nichols Ave, Lorain, OH

This home is located at 1388 Nichols Ave, Lorain, OH 44053 since 04 June 2024 and is currently estimated at $90,483, approximately $93 per square foot. This property was built in 1957. 1388 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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