NOT LISTED FOR SALE

1423 Lake Ave Elyria, OH 44035

Estimated Value: $135,000 - $155,000

3 Beds
3 Baths
1,446 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $114,900 $79 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $885/month

98 Days on Market

Highlights

  • Medical Services
  • Cape Cod Architecture
  • Hilly Lot
  • City View
  • Deck
  • Community Pool

About This Home

As of August 2023

Unique Cape Cod with many features of yesterday. 3 bedrooms. 1 full bath and 2 half baths. First floor bedroom and half bath. 2 bedrooms up with full bath. Kitchen plus dinette. Formal dining room with sliding door that opens up to a spacious deck overlooking the back yard. Hardwood floors. Updated windows and roof (2013). Close to shopping, schools and highways.

Last Agent to Sell the Property

Daniel Zack

Howard Hanna License #247251 Listed on: 03/22/2023

Howard Hanna

Last Buyer's Agent

Michelle McMahon

Russell Real Estate Services License #2019000599

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,634

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 41x161
  • West Facing Home
  • Wood Fence
  • Hilly Lot

Parking

  • Carport

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,446 Sq Ft Home
  • 1.5-Story Property
  • City Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 06-24-035-106-001

Community Details

Overview

  • City Farms Community

Amenities

  • Medical Services
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,634

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • House Faces: West
  • Price Per Square Foot: 79.46
  • Estimated Price per Sq Ft: 79.46
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1446
  • Year Built: 1946
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: danielzack@howardhanna.com (440) 323-8357
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1946

Interior Features

  • Appliances Equipment: Smoke Detector
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1446.00
  • Sq Ft Approx Total Finished: 1446.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Exterior Features: Deck, Outbuilding, Porch
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Carport

Utilities

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

Association/Amenities

  • Amenities: Laundromat, Medical Service, Park, Playground, Pool, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: City Farms

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 41x161
  • Lot Description: Hillside
  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 06-24-035-106-001
  • LandLeaseYN: No

Tax Info

  • Tax: 1634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Aug 23, 2023
Sold by
Jones Arthur D and Jones Gloria E
Bought by
Perez Jaida
Seller's Agent
Daniel Zack
Howard Hanna
Buyer's Agent
Michelle McMahon
Russell Real Estate Services
List Price
$114,900
Sold Price
$114,900
Views
444
Current Estimated Value
$140,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,936
Avg. Annual Appreciation
8.77%
Original Mortgage
$112,818
Outstanding Balance
$109,884
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$30,952

Purchase Details

Closed on
Feb 26, 2009
Sold by
Dream Team Opportunities Llc
Bought by
Jones Arthur

Purchase Details

Closed on
Jul 15, 1998
Sold by
Lichniak Joseph G and Lichniak Theresa P
Bought by
Jones Arthur D and Jones Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
7.15%
Source: Public Records
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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
Perez Jaida $114,900 Network Land Title
Jones Arthur $16,000 Southern Title Of Ohio Ltd
Jones Arthur D $65,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jaida $112,818
Previous Owner Jones Arthur D $64,900
Closed Jones Arthur D $1,982
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $114,900 0.0% $79 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $114,900 0.0% $79 / Sq Ft
03/24/2023 03/24/23 Off Market $114,900 -- --
03/22/2023 03/22/23 For Sale $114,900 -- $79 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $1,851 $38,759 $4,564 $34,195
2023 $1,640 $30,093 $4,333 $25,760
2022 $1,634 $30,093 $4,333 $25,760
2021 $1,638 $30,093 $4,333 $25,760
2020 $1,521 $24,850 $3,580 $21,270
2019 $1,511 $24,850 $3,580 $21,270
2018 $1,514 $24,850 $3,580 $21,270
2017 $1,687 $26,560 $3,500 $23,060
2016 $1,665 $26,560 $3,500 $23,060
2015 $1,560 $26,560 $3,500 $23,060
2014 $1,618 $26,560 $3,500 $23,060
2013 $1,526 $26,560 $3,500 $23,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4446305

MLS Now (Howard Hanna)

APN: 06-24-035-106-001