NOT LISTED FOR SALE

1502 W Erie Ave Lorain, OH 44052

Estimated Value: $159,000 - $206,000

3 Beds
1.5 Baths
1,320 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $34,900 $26 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $1,217/month

50 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Deck
  • 2 Car Detached Garage

About This Home

As of March 2013

HomePath property! Purchase this property for as little as 3% down. Beautiful wood floors in formal dining room and living room make for comfortable entertaining! Large kitchen has prior improvements to include cabinets and flooring, countertops. Full basement allows for easy storage and could be finished to your liking. Detached garage, deck/porch off rear. Roomy colonial ready for a new owner! This property is eligible for HomePath Renovation Mortgage. Please see website for information. Seller mandates only offers from owner occupants or public entities (and their designated partners) will be considered within the first 15 days of it being on the market. All other offers will be considered AFTER midnight on the 16th day. Buyer responsible for own due diligence,inquiry and verification of all property information, condition and parcel data.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. License #2003011130 Listed on: 01/02/2013

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 49x120

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-027-103-022

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 26.44
  • Total Sq Ft: 1320
  • Year Built: 1945
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Unfinished
  • Estimated Sq Ft: 1320

Exterior Features

  • Exterior: Aluminum, Wood
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 49x120
  • Lot Size Area Sq Ft: 6098.0000
  • Lot Size Units: Acres
  • Price Per Acre: 249285.71
  • Acres: 0.1400
  • Parcel Number: 02-02-027-103-022

Tax Info

  • Tax: 1751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2013
Sold by
Mccarty Jeremy
Bought by
Benjamin Rascal Properties Llc
Current Estimated Value
$183,766

Purchase Details

Listed on
Jan 2, 2013
Closed on
Feb 27, 2013
Sold by
Fannie Mae
Bought by
Mccarty Jeremy D
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$39,900
Sold Price
$34,900
Premium/Discount to List
-$5,000
-12.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Jan 4, 2013
Sold by
Harder Jacob J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 8, 2008
Sold by
Snyder Mary E and Buatois Edward
Bought by
Harder Jacob J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Benjamin Rascal Properties Llc -- None Available
Mccarty Jeremy D $34,750 None Available
Federal National Mortgage Association $38,000 None Available
Harder Jacob J $85,000 Real Estate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harder Jacob J $80,750
Previous Owner Snyder Mary E $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $34,900 -12.5% $26 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $39,900 -- $30 / 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 $2,857 $67,606 $23,051 $44,555
2023 $2,120 $40,124 $13,937 $26,187
2022 $2,102 $40,124 $13,937 $26,187
2021 $2,102 $40,124 $13,937 $26,187
2020 $2,024 $33,570 $11,660 $21,910
2019 $2,013 $33,570 $11,660 $21,910
2018 $2,271 $33,570 $11,660 $21,910
2017 $2,528 $39,730 $13,060 $26,670
2016 $2,508 $39,730 $13,060 $26,670
2015 $2,370 $39,730 $13,060 $26,670
2014 $2,365 $39,730 $13,060 $26,670
2013 $2,282 $39,730 $13,060 $26,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3372530

MLS Now

APN: 02-02-027-103-022