NOT LISTED FOR SALE

1506 E Erie Ave Lorain, OH 44052

Estimated Value: $181,930 - $249,000

3 Beds
1.5 Baths
1,540 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $185,000 $120 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,263/month

7 Days on Market

About This Home

As of August 2021

Welcome home to this fabulous MOVE-IN READY 3 bedroom, 3 bath Colonial home situated across the street from Lake Erie. Sit back and relax on the inviting front porch and enjoy the glorious Lake breezes and views. Perfect for any size family, or first time home buyers looking for a home in this ideal location! This home has been COMPLETELY RENOVATED. As you enter the home, you will quickly notice the expansive Family room with beautiful NEW flooring throughout leading to the kitchen and dining area. A wall was removed between the kitchen and dining room for a more open concept area. This enhanced custom kitchen with custom countertops, cabinetry, brand new stainless appliances has a large center island for entertaining. A first floor laundry area and half bath has been added to enhance the functionality of the home. Brand new carpet throughout the second floor with three stunning bedrooms, two with lake views and a third with a private balcony area. The homes amenities include; NEW flooring, NEW subflooring, NEW electrical, NEW plumbing, NEW windows, NEW central air conditioning, NEW lighting fixtures, NEW interior doors, and more! Even the exterior has been painted. Nothing to do but move in. A fantastic location and near Lake parks, shopping, restaurants with Lake views.

Last Agent to Sell the Property

Kathy Cislo

Deleted Agent License #2011001002 Listed on: 07/18/2021

Co-Listed By

Christine Novak

Deleted Agent License #2021001899

Last Buyer's Agent

Patrick Graham

Howard Hanna License #2005000174

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,258

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 45x150

Home Design

  • 1,540 Sq Ft Home
  • Colonial Architecture
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Bonny Brae Add Community

Listing and Financial Details

  • Assessor Parcel Number 02-00-051-107-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,258

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 120.13
  • Estimated Price per Sq Ft: 120.13
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1540
  • Year Built: 1950
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1540.00
  • Sq Ft Approx Total Finished: 1540.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Bonny Brae Add

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 45x150
  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 02-00-051-107-001

Tax Info

  • Tax: 1258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Aug 25, 2021
Sold by
Stephan Terri J and The Ralph E Stephan Family Tru
Bought by
Sammon George H and Sammon Carol Lynn
Seller's Agent
Kathy Cislo
Deleted Agent
Buyer's Agent
Patrick Graham
Howard Hanna
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Current Estimated Value
$208,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,733
Avg. Annual Appreciation
2.77%
Original Mortgage
$191,660
Outstanding Balance
$174,396
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$34,337
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
Sammon George H $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sammon George H $191,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $185,000 -2.1% $120 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $189,000 -- $123 / Sq Ft
Source: MLS Now

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 $2,151 $52,164 $4,725 $47,439
2023 $1,558 $30,149 $8,236 $21,914
2022 $1,353 $26,502 $8,236 $18,267
2021 $1,353 $26,502 $8,236 $18,267
2020 $1,258 $21,410 $6,650 $14,760
2019 $1,251 $21,410 $6,650 $14,760
2018 $1,252 $21,410 $6,650 $14,760
2017 $1,353 $21,820 $6,300 $15,520
2016 $1,342 $21,820 $6,300 $15,520
2015 $1,266 $21,820 $6,300 $15,520
2014 $1,263 $21,820 $6,300 $15,520
2013 $1,253 $21,820 $6,300 $15,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4299479

MLS Now

APN: 02-00-051-107-001