NOT LISTED FOR SALE

1408 Prospect St Elyria, OH 44035

Estimated Value: $105,000 - $208,000

2 Beds
1 Bath
728 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $55,500 $76 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $805/month

219 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 1-Story Property
  • Patio

About This Home

As of December 2019

Cute 2 bedroom ranch with deep lot. Great location near Rec Center and schools. One floor living that is affordable...Why pay rent. This cutie features newer carpet in bedrooms and living room 9-19, new hot water tank 9-19 and freshly painted 9-19. Just pack your things and move-in. Great opportunity for investor or compare your rent payment to see what you can own!!

Last Agent to Sell the Property

Kimberley Guelker

Berkshire Hathaway HomeServices Lucien Realty License #386496 Listed on: 04/18/2019

Berkshire Hathaway HomeServices Lucien Realty

Last Buyer's Agent

Brock Morgan

Howard Hanna License #2015002756

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1971

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 140
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Elmwood Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 06-25-002-109-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 76.24
  • Estimated Price per Sq Ft: 76.24
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 728
  • Year Built: 1971
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1971

Interior Features

  • Appliances Equipment: Cooktop
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Slab
  • Sq Ft Approx Above Grade Finished: 728.00
  • Sq Ft Approx Total Finished: 728.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Patio, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Elmwood Allotment

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 40 x 140
  • Lot Size Units: Acres
  • Acres: 0.1200
  • Parcel Number: 06-25-002-109-002

Tax Info

  • Tax: 986

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Dec 27, 2019
Sold by
Pozone James J and Pozone Jennifer
Bought by
Coryell Wayne and Coryell Karen
Seller's Agent
Kimberley Guelker
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Brock Morgan
Howard Hanna
List Price
$62,000
Sold Price
$55,500
Premium/Discount to List
-$6,500
-10.48%
Current Estimated Value
$140,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,774
Avg. Annual Appreciation
16.74%
Original Mortgage
$54,494
Outstanding Balance
$48,240
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$92,034

Purchase Details

Closed on
Oct 5, 2005
Sold by
Mcdonough Michael S and Mcdonough Marsha J
Bought by
Pozone James J and Cisar Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 22, 2005
Sold by
Mcdonough Timothy
Bought by
Mcdonough Michael S and Mcdonough Marsha J

Purchase Details

Closed on
Sep 29, 2003
Sold by
Mcdonough Michael S and Mcdonough Marsha
Bought by
Mcdonough Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2001
Sold by
Behner Robert A and Behner Kendra L
Bought by
Mcdonough Michael S and Mcdonough Marsha J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coryell Wayne $55,500 None Available
Pozone James J -- Real Estate Title
Mcdonough Michael S -- Real Living Title Agency Ltd
Mcdonough Timothy $62,500 Lorain County Title Co Inc
Mcdonough Michael S $53,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coryell Wayne $54,494
Previous Owner Pozone James J $55,600
Previous Owner Mcdonough Timothy $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $55,500 -5.1% $76 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
10/17/2019 10/17/19 Price Changed $58,500 -4.1% $80 / Sq Ft
06/21/2019 06/21/19 Price Changed $61,000 -1.6% $84 / Sq Ft
04/18/2019 04/18/19 For Sale $62,000 -- $85 / 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 $812 $26,775 $7,756 $19,019
2023 $590 $19,992 $6,262 $13,731
2022 $610 $19,992 $6,262 $13,731
2021 $1,096 $19,992 $6,262 $13,731
2020 $990 $15,650 $4,900 $10,750
2019 $984 $15,650 $4,900 $10,750
2018 $1,025 $15,650 $4,900 $10,750
2017 $1,063 $16,220 $4,970 $11,250
2016 $1,017 $16,220 $4,970 $11,250
2015 $953 $16,220 $4,970 $11,250
2014 $977 $16,840 $5,160 $11,680
2013 $968 $16,840 $5,160 $11,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4088589

MLS Now

APN: 06-25-002-109-002