1405 W Erie Ave Lorain, OH 44052
4
Beds
3
Baths
2,444
Sq Ft
0.31
Acres
Highlights
- Spa
- Community Lake
- No HOA
- Colonial Architecture
- Deck
- Screened Porch
About This Home
As of January 2025Discover a rare gem in this stunning 1920 Aladdin-built villa, located just steps from the beach and vibrant
downtown Lorain. This meticulously preserved home, one of the few to withstand the great tornado of 1924,
showcases exquisite custom woodwork and original stained floors that reflect its rich history.
The home was freshly painted on the outside and interior for a bright and inviting atmosphere. Lots of updates
blend modern convenience with classic charm, including all new double-hung, insulated windows for energy
efficiency. As you pull in you are greeted with a freshly paved concrete driveway. As you head through the back
entrance you are welcomed by concord grapevines encompassing the patio area. The kitchen appliances including a
new modern refrigerator and dishwasher. Feel free to enjoy a cup of coffee in the bright sunroom with brand new
windows and tile flooring. The high ceilings compliment the spacious and open floor plan with natural lighting and
ample airflow flowing throughout the home from the lake.
The larger bedrooms upstairs give enough space for living comfortably. A fully expanded 2024 main bathroom
featuring a double vanity completes the second level. Upgraded plumbing throughout the home and insulation also
help with added comfort. A new roof was provided and also inspected this year with a 40-year guarantee.
Outside you have a spacious patio with a floating deck, perfect for entertaining with a new privacy fence ensuring a
serene outdoor space. A luxurious jetted hot tub is also being provided for ultimate relaxation. This home perfectly
balances historic elegance with modern amenities. Don't miss your chance to own a piece of history just minutes
from the beach! Schedule your private tour today.
Last Agent to Sell the Property
Keller Williams Greater Metropolitan Brokerage Email: matt@chasegrouprealestate.com 440-452-2000 License #2013002819 Listed on: 10/22/2024
Co-Listed By
Keller Williams Greater Metropolitan Brokerage Email: matt@chasegrouprealestate.com 440-452-2000 License #2020005820
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,041
Year Built
- Built in 1920
Lot Details
- 0.31 Acre Lot
- North Facing Home
- Privacy Fence
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Cedar Siding
- Cedar
Interior Spaces
- 2,444 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Screened Porch
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient Insulation
- Energy-Efficient Doors
- Energy-Efficient Roof
- Energy-Efficient Thermostat
Outdoor Features
- Spa
- Deck
- Glass Enclosed
Utilities
- No Cooling
- Radiator
- High-Efficiency Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-02-027-106-015
Community Details
Overview
- No Home Owners Association
- Lakeview Park Subdivision
- Community Lake
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2024
Closed on
Jan 8, 2025
Sold by
Romero Richard and Joanette Novak
Bought by
Mills Timothy and Mills Trisha
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Deborah Kidd
CENTURY 21 Asa Cox Homes
List Price
$389,900
Sold Price
$330,000
Premium/Discount to List
-$59,900
-15.36%
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577
Avg. Annual Appreciation
0.40%
Original Mortgage
$340,890
Outstanding Balance
$340,015
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
-$9,438
Purchase Details
Closed on
Jul 23, 1998
Sold by
Cooper Andrew C and Cooper Jane A
Bought by
Romero Richard and Romero Joanette Novak
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,975
Interest Rate
7.03%
Similar Homes in Lorain, OH
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $330,000 | Ohio Real Title | |
| Survivorship Deed | $123,500 | Guardian Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $340,890 | VA | |
| Previous Owner | $86,100 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $27,000 | Credit Line Revolving | |
| Previous Owner | $100,722 | Unknown | |
| Previous Owner | $104,975 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2025 01/10/25 | Sold | $330,000 | -5.7% | $135 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 11/25/2024 11/25/24 | Price Changed | $349,900 | -6.7% | $143 / Sq Ft |
| 11/16/2024 11/16/24 | Price Changed | $374,900 | -3.8% | $153 / Sq Ft |
| 11/04/2024 11/04/24 | For Sale | $389,900 | 0.0% | $160 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $389,900 | 0.0% | $160 / Sq Ft |
| 12/20/2021 12/20/21 | Rented | $1,699 | 0.0% | -- |
| 12/07/2021 12/07/21 | Under Contract | -- | -- | -- |
| 11/18/2021 11/18/21 | Price Changed | $1,699 | -5.6% | $1 / Sq Ft |
| 11/11/2021 11/11/21 | For Rent | $1,799 | -- | -- |
Source: MLS Now
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 | $3,538 | $85,817 | $16,083 | $69,734 |
| 2023 | $3,041 | $59,042 | $13,325 | $45,717 |
| 2022 | $3,014 | $59,042 | $13,325 | $45,717 |
| 2021 | $3,014 | $59,042 | $13,325 | $45,717 |
| 2020 | $2,857 | $48,600 | $10,970 | $37,630 |
| 2019 | $2,840 | $48,600 | $10,970 | $37,630 |
| 2018 | $2,730 | $48,600 | $10,970 | $37,630 |
| 2017 | $2,619 | $42,140 | $9,310 | $32,830 |
| 2016 | $2,598 | $42,140 | $9,310 | $32,830 |
| 2015 | $2,451 | $42,140 | $9,310 | $32,830 |
| 2014 | $2,695 | $46,560 | $10,280 | $36,280 |
| 2013 | $2,674 | $46,560 | $10,280 | $36,280 |
Source: Public Records
Agents Affiliated with this Home
-
Mathew Chase
Seller's Agent in 2025
Mathew Chase
Keller Williams Greater Metropolitan
(440) 452-2000
90 in this area
777 Total Sales
-
Jared Perez
Seller Co-Listing Agent in 2025
Jared Perez
Keller Williams Greater Metropolitan
(321) 405-4557
4 in this area
14 Total Sales
-
Deborah Kidd
Buyer's Agent in 2025
Deborah Kidd
CENTURY 21 Asa Cox Homes
(216) 905-5433
1 in this area
102 Total Sales
Map
Source: MLS Now
MLS Number: 5079789
APN: 02-02-027-106-015
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