1516 W 12th St Lorain, OH 44052
Estimated Value: $126,000 - $167,000
2
Beds
1.5
Baths
1,882
Sq Ft
$76/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
- Deck
About This Home
As of October 2020Many folks want a BRICK home. This one is located minutes from Lakeview Park and Lake Erie.
Property needs work and TLC. Features include expanded kitchen with access to deck, updated
bathroom, newer windows, furnace, and roof. Good opportunity for first time home buyer or
an investor looking for his/her investment property. City of Lorain Point of Sale Inspection
completed. One item was repaired and City Certificate is available. Property is being sold “AS IS”.
Home Details
Home Type
- Single Family
Year Built
- Built in 1949
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 50 x 110
- Chain Link Fence
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Parking
- 1 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Lakeview Park Homes Community
Listing and Financial Details
- Assessor Parcel Number 02-02-027-119-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 18, 2020
Closed on
Oct 29, 2020
Sold by
Lehner Zachary
Bought by
Booth Daniel R and Booth Cora A
Seller's Agent
Mark Gepperth
Keller Williams Citywide
Buyer's Agent
Tammy Smith
Russell Real Estate Services
List Price
$56,900
Sold Price
$60,000
Premium/Discount to List
$3,100
5.45%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,301
Avg. Annual Appreciation
20.99%
Original Mortgage
$60,000
Outstanding Balance
$53,997
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$89,304
Purchase Details
Closed on
Nov 2, 2001
Sold by
Conseco Finance Servicing Corp
Bought by
Lehner James E and Lehner Patricia H
Purchase Details
Closed on
Oct 3, 2001
Sold by
Mahan Vernal E
Bought by
Conseco Finance Servicing Corp and Green Tree Financial Servicing Corp
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
Similar Homes in Lorain, OH
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Booth Daniel R | $60,000 | Ohio Real Title | |
| Lehner James E | $68,500 | Resource Title Agency Inc | |
| Conseco Finance Servicing Corp | $54,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Booth Daniel R | $60,000 | |
| Closed | Booth Daniel R | $50,000 | |
| Previous Owner | Mahan Vernal E | $9,247 | |
| Previous Owner | Mahan Vernal E | $15,459 | |
| Previous Owner | Mahan Vernal E | $98,302 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2020 10/29/20 | Sold | $60,000 | +5.4% | $32 / Sq Ft |
| 09/20/2020 09/20/20 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | For Sale | $56,900 | -- | $30 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $2,551 | $60,368 | $9,461 | $50,908 |
| 2023 | $1,961 | $37,111 | $7,837 | $29,274 |
| 2022 | $1,944 | $37,111 | $7,837 | $29,274 |
| 2021 | $1,944 | $37,111 | $7,837 | $29,274 |
| 2020 | $1,842 | $30,540 | $6,450 | $24,090 |
| 2019 | $1,831 | $30,540 | $6,450 | $24,090 |
| 2018 | $1,832 | $30,540 | $6,450 | $24,090 |
| 2017 | $1,765 | $27,740 | $6,080 | $21,660 |
| 2016 | $1,751 | $27,740 | $6,080 | $21,660 |
| 2015 | $1,655 | $27,740 | $6,080 | $21,660 |
| 2014 | $1,825 | $30,660 | $6,720 | $23,940 |
| 2013 | $1,811 | $30,660 | $6,720 | $23,940 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Gepperth
Seller's Agent in 2020
Mark Gepperth
Keller Williams Citywide
(440) 477-0166
368 Total Sales
-
Carol Murphy
Seller Co-Listing Agent in 2020
Carol Murphy
Keller Williams Citywide
(440) 670-3112
46 Total Sales
-
Tammy Smith
Buyer's Agent in 2020
Tammy Smith
Russell Real Estate Services
(440) 728-7535
48 Total Sales
Map
Source: MLS Now
MLS Number: 4225017
APN: 02-02-027-119-023
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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