NOT LISTED FOR SALE

1516 Nichols Ave Lorain, OH 44053

Estimated Value: $91,000 - $122,000

3 Beds
1 Bath
1,160 Sq Ft
$91/Sq Ft Est. Value

About This Home

This home is located at 1516 Nichols Ave, Lorain, OH 44053 and is currently estimated at $105,933, approximately $91 per square foot. 1516 Nichols Ave is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Nationstar Mortgage Llc
Bought by
Morejon Larry
Current Estimated Value
$105,933

Purchase Details

Closed on
Jul 9, 2020
Sold by
Lovett Gregory O
Bought by
Nationstar Mortgage Llc and Mr Cooper

Purchase Details

Closed on
Jul 31, 1997
Sold by
Smith A R
Bought by
Lovett Gregory O and Lovett Jacqueline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,947
Interest Rate
7.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 1997
Sold by
Arnold Dorothy N
Bought by
Smith Smith A and Smith Eloise

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
Morejon Larry $12,500 Title365
Nationstar Mortgage Llc $33,677 None Available
Lovett Gregory O $59,000 --
Smith Smith A $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lovett Gregory O $2,762
Previous Owner Lovett Gregory O $58,947
Source: Public Records

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 $1,306 $30,909 $7,168 $23,741
2023 $939 $17,780 $5,110 $12,670
2022 $931 $17,780 $5,110 $12,670
2021 $931 $17,780 $5,110 $12,670
2020 $1,016 $16,840 $4,840 $12,000
2019 $1,010 $16,840 $4,840 $12,000
2018 $992 $16,840 $4,840 $12,000
2017 $974 $15,700 $3,630 $12,070
2016 $966 $15,700 $3,630 $12,070
2015 $911 $15,700 $3,630 $12,070
2014 $909 $15,700 $3,630 $12,070
2013 $902 $15,700 $3,630 $12,070
Source: Public Records

Map

Ohio Lorain County Lorain 44053

1516 Nichols Ave, Lorain, OH

Homes for Sale in Lorain, OH

This home is located at 1516 Nichols Ave, Lorain, OH 44053 and is currently estimated at $105,933, approximately $91 per square foot. 1516 Nichols Ave 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.

Nearby Homes