NOT LISTED FOR SALE

1504 Washington Ave Lorain, OH 44052

Estimated Value: $104,456 - $117,000

4 Beds
2 Baths
1,210 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $93,000 $77 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $687/month

11 Days on Market

About This Home

As of September 2022

This single would make a great addition to any portfolio. Two years ago owner installed a new roof, all new windows, new flooring, paint, and added a closet to one room making the property a 4 bedroom. There is a tenant in place paying $800 per month plus utilities who goes month-to-month in August. Please do not disturb tenants!

Last Agent to Sell the Property

Ben Smalley

Deleted Agent License #2022004743 Listed on: 06/10/2022

Deleted Agent

Last Buyer's Agent

Bethany Grotteria

Russell Real Estate Services License #2015004955

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $838

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,210 Sq Ft Home
  • 1.5-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • E R Perkins Trustee Add Community

Listing and Financial Details

  • Assessor Parcel Number 02-01-006-129-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$838

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 76.86
  • Estimated Price per Sq Ft: 76.86
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1210
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1210.00
  • Sq Ft Approx Total Finished: 1210.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: E R Perkins Trustee Add

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 02-01-006-129-036
  • LandLeaseYN: No

Tax Info

  • Tax: 838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 23, 2022
Sold by
Monair Brown
Bought by
Krause Johnathon J and Krause Emily Ann
Seller's Agent
Ben Smalley
Deleted Agent
Buyer's Agent
Bethany Grotteria
Russell Real Estate Services
List Price
$89,900
Sold Price
$93,000
Premium/Discount to List
$3,100
3.45%
Current Estimated Value
$113,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,114
Avg. Annual Appreciation
6.29%
Original Mortgage
$91,315
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2019
Sold by
Blue Ocean Properties Llc
Bought by
Brown Monair

Purchase Details

Listed on
Oct 22, 2018
Closed on
Dec 27, 2018
Sold by
Rutherford Betty J
Bought by
Blue Ocean Properties Llc
Seller's Agent
Douglas George
Howard Hanna
Buyer's Agent
Douglas George
Howard Hanna
List Price
$29,000
Sold Price
$18,000
Premium/Discount to List
-$11,000
-37.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.14%
Original Mortgage
$21,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 22, 2018
Closed on
Dec 20, 2018
Sold by
Estate Of Ronald R Rutherford
Bought by
Rutherford Betty J
Seller's Agent
Douglas George
Howard Hanna
Buyer's Agent
Douglas George
Howard Hanna
List Price
$29,000
Sold Price
$18,000
Premium/Discount to List
-$11,000
-37.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Krause Johnathon J $93,000 New Title Company Name
Brown Monair $36,320 None Available
Blue Ocean Properties Llc $18,000 None Available
Rutherford Betty J -- None Available
Rutherford Betty J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krause Johnathon J $91,315
Previous Owner Blue Ocean Properties Llc $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $93,000 +3.4% $77 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $89,900 +399.4% $74 / Sq Ft
01/04/2019 01/04/19 Sold $18,000 -37.9% $10 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $29,000 -- $16 / 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 $1,044 $24,703 $3,710 $20,993
2023 $845 $15,999 $4,029 $11,970
2022 $838 $15,999 $4,029 $11,970
2021 $838 $15,999 $4,029 $11,970
2020 $853 $14,140 $3,560 $10,580
2019 $848 $14,140 $3,560 $10,580
2018 $848 $14,140 $3,560 $10,580
2017 $734 $11,530 $4,010 $7,520
2016 $728 $11,530 $4,010 $7,520
2015 $688 $11,530 $4,010 $7,520
2014 $636 $10,680 $3,710 $6,970
2013 $631 $10,680 $3,710 $6,970
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4381429

MLS Now

APN: 02-01-006-129-036