NOT LISTED FOR SALE

148 Bell Ave Elyria, OH 44035

Estimated Value: $55,000 - $124,000

2 Beds
1 Bath
1,546 Sq Ft
$53/Sq Ft Est. Value

Last Sold August 15, 2025

Last sale price $56,000 $36 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $564/month

85 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2025

Nice 3-bedroom home that is more spacious than it appears from the outside. Gain sweat equity with your hard work. Great opportunity, do not let this deal go, Show and sell!

Last Agent to Sell the Property

Phil Rogers

Russell Real Estate Services Brokerage Email: callitsold2@gmail.com 440-572-3100 License #2001023378 Listed on: 05/08/2025

Russell Real Estate Services

Last Buyer's Agent

John Fitch

Market First Real Estate Services License #2001001517

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Crisp Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 06-24-027-102-027

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: callitsold2@gmail.com 440-572-3100
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Crisp
  • Above Grade Finished Sq Ft: 994.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 552.0

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.13
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-24-027-102-027
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 1601.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Aug 14, 2025
Sold by
Mclp Asset Company Inc
Bought by
Freedom Estates Ltd
Seller's Agent
Phil Rogers
Russell Real Estate Services
Buyer's Agent
John Fitch
Market First Real Estate Services
List Price
$69,900
Sold Price
$56,000
Premium/Discount to List
-$13,900
-19.89%
Views
157
Current Estimated Value
$81,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,875
Avg. Annual Appreciation
187.23%
Original Mortgage
$70,000
Outstanding Balance
$69,938
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$11,937

Purchase Details

Listed on
May 8, 2025
Closed on
Jul 17, 2025
Sold by
Homeword Opportunities Fund I Trust and Us Bank Trust National Association
Bought by
Mclp Asset Company Inc
Seller's Agent
Phil Rogers
Russell Real Estate Services
Buyer's Agent
John Fitch
Market First Real Estate Services
List Price
$69,900
Sold Price
$56,000
Premium/Discount to List
-$13,900
-19.89%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$69,938
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$11,937

Purchase Details

Closed on
Jan 22, 2025
Sold by
Sheriff Of Lorain County Ohio
Bought by
Homeward Opportunities Fund I Trust and Us Bank Trust

Purchase Details

Closed on
Sep 5, 2019
Sold by
Nemerml Llc
Bought by
B & D Asset Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2018
Sold by
Hedrick Stephanie L
Bought by
Johnson David and Johnson Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1998
Sold by
Cogar Robert E and Cogar June E
Bought by
Cogar Robert E and Cogar June E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,675
Interest Rate
6.68%
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
Freedom Estates Ltd $56,000 Fidelity National Title
Mclp Asset Company Inc $92,500 Avenue 365 Lender Services Llc
Homeward Opportunities Fund I Trust $75,784 None Listed On Document
B & D Asset Management Llc $170,000 Fidelity National Title
Johnson David $450,000 Chicago Title
Cogar Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freedom Estates Ltd $70,000
Previous Owner B & D Asset Management Llc $127,000
Previous Owner Johnson David $212,500
Previous Owner Cogar Robert E $45,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $56,000 -6.5% $36 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
07/24/2025 07/24/25 Price Changed $59,900 -7.7% $39 / Sq Ft
07/03/2025 07/03/25 Price Changed $64,900 -7.2% $42 / Sq Ft
05/08/2025 05/08/25 For Sale $69,900 -- $45 / 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 $1,601 $32,361 $4,729 $27,633
2023 $1,024 $17,612 $3,644 $13,969
2022 $1,004 $17,612 $3,644 $13,969
2021 $1,015 $17,612 $3,644 $13,969
2020 $978 $14,700 $3,040 $11,660
2019 $916 $14,700 $3,040 $11,660
2018 $918 $14,700 $3,040 $11,660
2017 $810 $12,430 $2,950 $9,480
2016 $780 $12,430 $2,950 $9,480
2015 $730 $12,430 $2,950 $9,480
2014 $798 $13,090 $3,110 $9,980
2013 $753 $13,090 $3,110 $9,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5121602

MLS Now

APN: 06-24-027-102-027