NOT LISTED FOR SALE

1502 W 12th St Lorain, OH 44052

Estimated Value: $145,000 - $156,000

3 Beds
1.5 Baths
1,302 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $126,000 $97 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,024/month

7 Days on Market

Highlights

  • 2 Fireplaces
  • Porch
  • Park
  • 1 Car Detached Garage
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Welcome home to this cute Lorain ranch that's around the corner from Lakeview Park Beach. There are 3 bedrooms 1 full bath on the first floor and a 1/2 bath in the basement. The basement has a workshop area, laundry area and "Man Cave" with a pool table and fireplace. The attic is finished in a unique way that was storage and playroom. The Eat-in Kitchen has a Horseshoe shaped Booth.

Last Listed By

Michael Hignett

Northern Ohio Realty License #2014000042 Listed on: 04/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 1949

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 52x110
  • South Facing Home

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Dryer

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Community Playground
  • Park

Listing and Financial Details

  • Assessor Parcel Number 02-02-027-119-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 96.77
  • Estimated Price per Sq Ft: 96.77
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1302
  • Year Built: 1949
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Appliances Equipment: Dryer, Microwave, Range
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1302.00
  • Sq Ft Approx Total Finished: 1302.00

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Association/Amenities

  • Amenities: Park, Playground

Schools

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

Lot Info

  • Lot Dimensions: 52x110
  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 02-02-027-119-026
  • LandLeaseYN: No

Tax Info

  • Tax: 1702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 18, 2022
Sold by
Dzambik Family Revocable Living Trust
Bought by
Martinosky Chad
Seller's Agent
Michael Hignett
Northern Ohio Realty
Buyer's Agent
David Greathouse
Real of Ohio
List Price
$99,900
Sold Price
$126,000
Premium/Discount to List
$26,100
26.13%
Total Days on Market
7
Current Estimated Value
$150,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,502
Avg. Annual Appreciation
5.76%
Original Mortgage
$123,717
Outstanding Balance
$118,572
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$30,644

Purchase Details

Closed on
Aug 16, 2021
Sold by
Dzambik Richard and Dzambik Janet
Bought by
Dzambik Janet and The Dzambik Family Revocale Li

Range of Values:

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Average Value
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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
Martinosky Chad -- Sandhu Law Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinosky Chad $123,717
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $126,000 +26.1% $97 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $99,900 -- $77 / 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 $2,177 $52,805 $9,650 $43,155
2023 $1,673 $32,494 $7,994 $24,500
2022 $1,702 $32,494 $7,994 $24,500
2021 $1,702 $32,494 $7,994 $24,500
2020 $1,057 $26,740 $6,580 $20,160
2019 $1,051 $26,740 $6,580 $20,160
2018 $1,052 $26,740 $6,580 $20,160
2017 $1,116 $26,690 $6,200 $20,490
2016 $1,107 $26,690 $6,200 $20,490
2015 $1,045 $26,690 $6,200 $20,490
2014 $1,201 $29,500 $6,850 $22,650
2013 $1,192 $29,500 $6,850 $22,650
Source: Public Records

Agents Affiliated with this Home

  • Michael Hignett

    Seller's Agent in 2022

    Michael Hignett

    Northern Ohio Realty

    (440) 506-0414

    109 Total Sales

    Michael Hignett
    Section Image
  • David Greathouse

    Buyer's Agent in 2022

    David Greathouse

    Real of Ohio

    (440) 409-9121

    191 Total Sales

    David Greathouse
    Section Image
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Map

Source: MLS Now

MLS Number: 4364029

MLS Now

APN: 02-02-027-119-026

Ohio Lorain County Lorain 44052

1502 W 12th St, Lorain, OH

Homes for Sale in Lorain, OH

This home is located at 1502 W 12th St, Lorain, OH 44052 since 11 April 2022 and is currently estimated at $150,502, approximately $115 per square foot. This property was built in 1949. 1502 W 12th St is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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