NOT LISTED FOR SALE

1520 Prospect St Elyria, OH 44035

Estimated Value: $246,000 - $335,000

3 Beds
1.5 Baths
3,114 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $185,000 $59 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,756/month

31 Days on Market

Highlights

  • City View
  • Cape Cod Architecture
  • 2 Car Attached Garage
  • 0.36 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Amazing 3 Bedroom 1.5 Bath home. Huge upstairs Bedroom 38 x 13 with 1/2 bath, could be used for multiple beds.
Huge fenced in back yard, 2 car attached garage, full basement, Central AC and forced gas heat, hardwood floors on main level. Built in desk, on main level and tons of built in storage in upstairs bedroom. Playground, pool and schools right down the street.

Owner is a Licensed Real Estate Agent

Last Agent to Sell the Property

David Gormley

Howard Hanna License #2020008143 Listed on: 06/29/2021

Howard Hanna

Last Buyer's Agent

David Gormley

Howard Hanna License #2020008143 Listed on: 06/29/2021

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1952

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120x130
  • West Facing Home
  • Vinyl Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06-25-002-113-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Cape Cod
  • House Faces: West
  • Price Per Square Foot: 92.41
  • Estimated Price per Sq Ft: 92.41
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 2002
  • Year Built: 1952
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1952

Interior Features

  • Appliances Equipment: CO Detector, Smoke Detector, Sump Pump
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2002.00
  • Sq Ft Approx Below Grade Finished: 1112.00
  • Sq Ft Approx Total Finished: 3114.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Fences: Vinyl/Plastic
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Elyria CSD
  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 120x130
  • Lot Size Units: Acres
  • Acres: 0.3600
  • Parcel Number: 06-25-002-113-001

Tax Info

  • Tax: 2604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Oct 3, 2021
Sold by
Gormley David and Gormley Melissa R
Bought by
Martinez Jose Sanos
Seller's Agent
David Gormley
Howard Hanna
Buyer's Agent
David Gormley
Howard Hanna
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$271,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,521
Avg. Annual Appreciation
10.51%
Original Mortgage
$181,649
Outstanding Balance
$167,434
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$104,117

Purchase Details

Closed on
Apr 6, 2017
Sold by
Ferenchak Charles Michael and Baker Kathleen Marie
Bought by
Gormley David and Gormley Melissa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2006
Sold by
Estate Of Charles J Perenchak
Bought by
Ferenchak Charles Michael and Baker Kathleen Marie

Purchase Details

Closed on
Mar 20, 2003
Sold by
Estate Of Catherine T Ferenchak
Bought by
Ferenchak Charles J and Ferenchak Charles
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
Martinez Jose Sanos $185,000 Old Republic Natl Ttl Ins Co
Premier Property Holdings Llc -- Old Republic Natl Ttl Ins Co
Gormley David $126,000 Old Republic National Title
Ferenchak Charles Michael -- Attorney
Ferenchak Charles J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jose Sanos $181,649
Previous Owner Gormley David $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $185,000 0.0% $59 / Sq Ft
08/11/2021 08/11/21 Off Market $185,000 -- --
08/11/2021 08/11/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $179,900 0.0% $58 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $179,900 -- $58 / 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 $3,323 $70,210 $15,355 $54,856
2023 $2,893 $53,078 $13,388 $39,690
2022 $2,882 $53,078 $13,388 $39,690
2021 $2,735 $49,039 $9,349 $39,690
2020 $2,604 $41,530 $7,920 $33,610
2019 $2,588 $41,530 $7,920 $33,610
2018 $2,556 $41,530 $7,920 $33,610
2017 $2,518 $39,620 $8,040 $31,580
2016 $2,485 $39,620 $8,040 $31,580
2015 $2,327 $39,620 $8,040 $31,580
2014 $2,299 $39,620 $8,040 $31,580
2013 $2,278 $39,620 $8,040 $31,580
Source: Public Records

Agents Affiliated with this Home

  • David Gormley

    Seller's Agent in 2021

    David Gormley

    Howard Hanna

    3 in this area

    13 Total Sales

    David Gormley
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Map

Source: MLS Now

MLS Number: 4293682

MLS Now

APN: 06-25-002-113-001

Ohio Lorain County Elyria 44035

1520 Prospect St, Elyria, OH

This home is located at 1520 Prospect St, Elyria, OH 44035 since 29 June 2021 and is currently estimated at $271,521, approximately $87 per square foot. This property was built in 1952. 1520 Prospect St is a home located in Lorain County with nearby schools including Eastern Heights Middle School, Elyria High School, and Constellation Schools: Elyria Community Elementary.

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.

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