NOT LISTED FOR SALE

1518 W Erie Ave Lorain, OH 44052

Estimated Value: $191,000 - $208,865

2 Beds
1 Bath
1,616 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $81,900 $51 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,351/month

331 Days on Market

Highlights

  • 1 Fireplace
  • Porch
  • Park
  • Tennis Courts
  • 1 Car Attached Garage
  • Bungalow

About This Home

As of July 2016

Located three doors from beautiful Lakeview Park. Hardwood floors throughout the first floor and unfinished second floor. 21 x 15 living room w/fireplace. Dining area with built in cabinets and opens to the 13 x 12 tiled sun room...Great for Summer Entertaining. The kitchen has plenty of cabinets, counters and natural light. The basement offers a 26 x 16 finished recreation room, workshop, partial bath and laundry area. Unfinished 2nd floor is studded for two bedrooms, sitting room, walk in closet and additional storage.

Last Agent to Sell the Property

Lydia Scappucci

Howard Hanna License #2001022322 Listed on: 07/15/2015

Howard Hanna

Last Buyer's Agent

Leslie Pavlich

Howard Hanna License #2011001306

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,626

Year Built

  • Built in 1941

Lot Details

  • 5,663 Sq Ft Lot
  • South Facing Home

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector
  • Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-027-103-018

Community Details

Overview

  • Lakeview Park Realty Companys A Community

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,626

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • House Faces: South
  • Price Per Square Foot: 62.90
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1302
  • Year Built: 1941
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1941

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Smoke Detector, Washer
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Partially Finished
  • Living Area Sq Ft: 1616
  • Estimated Total Living Area: 1616
  • Estimated Sq Ft: 1302

Exterior Features

  • Exterior: Brick
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 1

Utilities

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

Association/Amenities

  • Amenities: Park, Playground, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: Lakeview Park Realty Companys A

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 02-02-027-103-018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Bonnette Terry A
Bought by
Bonnette Terry A and Terry A Bonnette Trust
Current Estimated Value
$197,966

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jul 26, 2016
Sold by
Zavada Jerome A and Zavada Joan E
Bought by
Bonnette Terry A
Seller's Agent
Lydia Scappucci
Howard Hanna
Buyer's Agent
Leslie Pavlich
Howard Hanna
List Price
$85,000
Sold Price
$81,900
Premium/Discount to List
-$3,100
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
Original Mortgage
$77,805
Outstanding Balance
$62,199
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$135,767

Purchase Details

Closed on
Jan 17, 2005
Sold by
Kniahynyckyj Roman Erich and Kniahynyckyj Katie A
Bought by
Zavada Jerome A and Zavada Joan E
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
Bonnette Terry A -- None Available
Bonnette Terry A -- Miller Home Title
Zavada Jerome A $112,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonnette Terry A $77,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $81,900 -3.6% $51 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
07/15/2015 07/15/15 For Sale $85,000 -- $53 / 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 $3,626 $87,931 $23,051 $64,880
2023 $1,689 $32,792 $13,937 $18,855
2022 $1,674 $32,792 $13,937 $18,855
2021 $1,717 $32,792 $13,937 $18,855
2020 $1,655 $27,440 $11,660 $15,780
2019 $1,645 $27,440 $11,660 $15,780
2018 $1,646 $27,440 $11,660 $15,780
2017 $1,893 $29,750 $13,060 $16,690
2016 $1,878 $29,750 $13,060 $16,690
2015 $2,822 $47,320 $13,060 $34,260
2014 $3,049 $51,240 $13,060 $38,180
2013 $3,026 $51,240 $13,060 $38,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3730049

MLS Now

APN: 02-02-027-103-018