NOT LISTED FOR SALE

1525 Ohio Ave Lorain, OH 44052

Lorain Area

Estimated Value: $126,000 - $162,000

3 Beds
1 Bath
1,163 Sq Ft
$118/Sq Ft Est. Value

Sale Details

Date Sold: November 6, 2023

Last sale price $141,000 $121 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $847 / mo

25 Days on Market

Highlights

  • Community Lake
  • Hydromassage or Jetted Bathtub
  • Community Playground
  • Deck
  • 1 Car Detached Garage
  • Park

About This Home

As of November 2023

Newly renovated bungalow in Lorain, Ohio. 1525 Ohio Ave. is completely ready for it new owners! With newly tiled flooring, fresh paint, updated bathroom and kitchen, new mechanical's and much more, this house is ready for any of your finishing touches! Big ticket items are completely new here, roof (2023), furnace (2023), sump pump (2023), hot water heater (2023). Out back, find a beautifully re-finished deck, and a large yard on a deep lot. Plenty of space here for entertaining! Located just minutes from the lake, metro parks, downtown Lorain, this house has plenty to offer, it's just waiting on you. Call your favorite realtor today for a private showing!

Last Agent to Sell the Property

Drew Dickson

WR Western Reserve Real Estate License #2021003011 Listed on: 09/28/2023

WR Western Reserve Real Estate

Last Buyer's Agent

Brittany Burkey

Russell Real Estate Services License #2017004348

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,304

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x179
  • West Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,163 Sq Ft Home
  • 1.5-Story Property
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Hydromassage or Jetted Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-057-111-007

Community Details

Overview

  • Kohlmyer Community
  • Community Lake

Amenities

  • Laundry Facilities

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,304

Year Built

Built in 1953

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • House Faces: West
  • Price Per Square Foot: 121.24
  • Estimated Price per Sq Ft: 121.24
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1163
  • Year Built: 1953
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: DrewDickson@remax.net (440) 796-9186
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1953

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Jetted Tub, Microwave, Range, Sump Pump
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1163.00
  • Sq Ft Approx Total Finished: 1163.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Deck
  • Fences: Chain Link, Partial, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Association/Amenities

  • Amenities: Lake, Laundromat, Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Kohlmyer

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 50X179
  • Lot Size Units: Acres
  • Acres: 0.2000
  • Parcel Number: 03-00-057-111-007
  • LandLeaseYN: No

Tax Info

  • Tax: 1304

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 6, 2023
Sold by
Bought by
Seller's Agent
Drew Dickson
WR Western Reserve Real Estate
Buyer's Agent
Brittany Burkey
Russell Real Estate Services
List Price
$149,900
Sold Price
$141,000
Premium/Discount to List
-$8,900
-5.94%
Views
127
Current Estimated Value
$136,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,264
Avg. Annual Appreciation
-1.14%
Original Mortgage
$144,031
Interest Rate
0.0719%
Mortgage Type
VA

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jun 30, 2023
Sold by
Bought by
Seller's Agent
Michael Ferrante
LPT Realty
Buyer's Agent
Drew Dickson
WR Western Reserve Real Estate
List Price
$65,000
Sold Price
$71,000
Premium/Discount to List
$6,000
9.23%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
699.67%

Purchase Details

Closed on
Feb 24, 2023
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 2021
Sold by
Bought by

Purchase Details

Listed on
Jun 8, 2015
Closed on
Aug 3, 2015
Sold by
Bought by
Seller's Agent
Drew Vaneck
Westway Realty
Buyer's Agent
Nikki Harsa
Russell Real Estate Services
List Price
$29,000
Sold Price
$25,000
Premium/Discount to List
-$4,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%

Purchase Details

Closed on
Aug 9, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,155
Interest Rate
0.0803%
Mortgage Type
FHA
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$141,000 None Listed On Document
$71,000 None Listed On Document
-- None Listed On Document
$420,000 None Available
$25,000 First American Title Ins Co
$34,000 None Available
$86,200 Consumers Land Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $144,031
Previous Owner $86,155
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2023 11/06/23 Sold $141,000 +4.4% $121 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $135,000 -3.5% $116 / Sq Ft
10/11/2023 10/11/23 Price Changed $139,900 -3.5% $120 / Sq Ft
10/05/2023 10/05/23 Price Changed $144,900 -3.3% $125 / Sq Ft
09/28/2023 09/28/23 For Sale $149,900 +111.1% $129 / Sq Ft
07/09/2023 07/09/23 Sold $71,000 +9.2% $61 / Sq Ft View Prior Sale
06/16/2023 06/16/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $65,000 +160.0% $56 / Sq Ft
08/05/2015 08/05/15 Sold $25,000 -13.8% $21 / Sq Ft View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $29,000 -- $25 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,293 $31,364 $4,585 $26,779
2023 $1,315 $24,896 $5,464 $19,432
2022 $1,304 $24,896 $5,464 $19,432
2021 $1,304 $24,896 $5,464 $19,432
2020 $1,245 $20,640 $4,530 $16,110
2019 $1,238 $20,640 $4,530 $16,110
2018 $1,238 $20,640 $4,530 $16,110
2017 $906 $14,240 $4,950 $9,290
2016 $899 $14,240 $4,950 $9,290
2015 $1,354 $22,700 $4,950 $17,750
2014 $1,251 $21,620 $4,720 $16,900
2013 $1,242 $21,620 $4,720 $16,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4493424

MLS Now

APN: 03-00-057-111-007

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