NOT LISTED FOR SALE

1445 Nichols Ave Lorain, OH 44053

Estimated Value: $71,000 - $115,030

2 Beds
1.5 Baths
1,328 Sq Ft
$64/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $67,500 $51 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $524/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • 1-Story Property

About This Home

As of August 2023

Charming 2 bedroom home with new carpeting throughout. This listing has a total of 3 city lots together! The large living room offers endless possibilities. The kitchen is in need of some updating but functional. Large bathroom and both bedrooms are on main floor and have large closets. The yard is partially fenced in and is big enough to add a pool on one of the lots if you'd like. The 2 car detached garage has a newer metal roof with a 2nd floor for storage. The basement is unfinished and offers laundry hook up, hot water tank, furnace, and glass block windows for security. There is a latrine in the basement and plumbed to add a full shower. Call today to schedule your personal tour!

Last Agent to Sell the Property

Robert Kritz

Howard Hanna License #2006004768 Listed on: 07/14/2023

Howard Hanna

Last Buyer's Agent

Sandor Sundem

Lokal Real Estate, LLC. License #2022006518

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,424

Year Built

  • Built in 1934

Lot Details

  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Gravity Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-02-023-109-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,424

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Ranch
  • Price Per Square Foot: 101.66
  • Estimated Price per Sq Ft: 101.66
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 664
  • Year Built: 1934
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: RobertKritz@HowardHanna.com (440) 315-7236
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1934

Interior Features

  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 664.00
  • Sq Ft Approx Below Grade Finished: 664.00
  • Sq Ft Approx Total Finished: 1328.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached, Electric
  • Garage Num Of Cars: 2

Utilities

  • Heating Fuel: Gas
  • Heating Type: Gravity
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 3 LOTS 40 X 100 EACH
  • Additional Assessor Parcel Number 1: 02-02-023-109-002
  • Additional Assessor Parcel Number 2: 02-02-023-109-001
  • Lot Size Units: Acres
  • Parcel Number: 02-02-023-109-003
  • LandLeaseYN: No

Tax Info

  • Tax: 1424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 3, 2023
Sold by
Martinez Amelia
Bought by
1445 Nichols Llc
Seller's Agent
Robert Kritz
Howard Hanna
Buyer's Agent
Sandor Sundem
Lokal Real Estate, LLC.
List Price
$69,950
Sold Price
$67,500
Premium/Discount to List
-$2,450
-3.5%
Total Days on Market
3
Views
16
Current Estimated Value
$85,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,508
Avg. Annual Appreciation
13.59%
Original Mortgage
$70,000
Outstanding Balance
$68,709
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
$16,299
Source: Public Records

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Range of Values:

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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
1445 Nichols Llc $67,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1445 Nichols Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $67,500 -3.5% $51 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $69,950 -- $53 / 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 $874 $20,692 $7,168 $13,524
2023 $839 $15,894 $5,110 $10,784
2022 $832 $15,894 $5,110 $10,784
2021 $832 $15,894 $5,110 $10,784
2020 $908 $15,050 $4,840 $10,210
2019 $903 $15,050 $4,840 $10,210
2018 $877 $15,050 $4,840 $10,210
2017 $850 $13,360 $3,150 $10,210
2016 $843 $13,360 $3,150 $10,210
2015 $797 $13,360 $3,150 $10,210
2014 $795 $13,360 $3,150 $10,210
2013 $789 $13,360 $3,150 $10,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 4473782

MLS Now (Howard Hanna)

APN: 02-02-023-109-003