NOT LISTED FOR SALE

1525 Cedar Dr Lorain, OH 44052

Estimated Value: $137,000 - $152,000

3 Beds
1 Bath
1,059 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $125,000 $118 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $904/month

10 Days on Market

Highlights

  • Cape Cod Architecture
  • Shed
  • 1-Story Property
  • Porch
  • Forced Air Heating System

About This Home

As of July 2022

Looking for move-in ready? Pack your bags and be ready. This home has been beautifully restored and remodeled. Seller has done everything for you. From the remodeled kitchen with new appliances which includes, range, refrigerator and newer microwave. Bath has been updated as well. All new flooring throughout the home. The electrical panel was updated, painted in and out. Newer doors, updated furnace, and double pane windows plus new hot water tank and sump pump. The basement appears to have new foundation and also newer block windows installed. The extra space is there for you to easily finish if you need more space...great rec room area. All updated light fixtures and more. Nice size backyard to enjoy your summer cook outs or just relaxing. There is also a shed for storage. Front and rear electrical outlets, and water faucets as well...plus leaf guard system and more. offers due by Sunday at 5 pm

Last Agent to Sell the Property

Kimberley Guelker

Berkshire Hathaway HomeServices Lucien Realty License #386496 Listed on: 06/09/2022

Berkshire Hathaway HomeServices Lucien Realty

Last Buyer's Agent

Gary Post

RE/MAX Crossroads Properties License #2004009889

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,122

Year Built

  • Built in 1951

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 134

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,059 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Maple Heights Sub #2 Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-057-109-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,122

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 118.04
  • Estimated Price per Sq Ft: 118.04
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1059
  • Year Built: 1951
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Appliances Equipment: Microwave, Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1059.00
  • Sq Ft Approx Total Finished: 1059.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch, Shed
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Maple Heights Sub #2

Schools

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

Lot Info

  • Lot Dimensions: 50 x 134
  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 03-00-057-109-007
  • LandLeaseYN: No

Tax Info

  • Tax: 1122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 13, 2022
Sold by
Shannon Michael P
Bought by
Bering Shana
Seller's Agent
Kimberley Guelker
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Gary Post
RE/MAX Crossroads Properties
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%
Current Estimated Value
$142,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,180
Avg. Annual Appreciation
4.08%
Original Mortgage
$121,250
Outstanding Balance
$116,186
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$25,209

Purchase Details

Closed on
Jun 23, 2021
Sold by
Craig Dolores J and City Lorain
Bought by
Shannon Michael P
Source: Public Records

Range of Values:

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Average Value
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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
Bering Shana $125,000 Costanzo & Lazzaro Pll
Shannon Michael P $38,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bering Shana $121,250
Previous Owner Craig Dolores J $22,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $125,000 +4.3% $118 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $119,900 -- $113 / 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 $1,504 $36,474 $4,039 $32,435
2023 $1,100 $21,354 $4,813 $16,541
2022 $1,118 $21,354 $4,813 $16,541
2021 $643 $21,354 $4,813 $16,541
2020 $527 $17,710 $3,990 $13,720
2019 $524 $17,710 $3,990 $13,720
2018 $884 $17,710 $3,990 $13,720
2017 $920 $18,360 $4,370 $13,990
2016 $590 $18,360 $4,370 $13,990
2015 $557 $18,360 $4,370 $13,990
2014 $531 $17,480 $4,160 $13,320
2013 $501 $17,480 $4,160 $13,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4381110

MLS Now

APN: 03-00-057-109-007