NOT LISTED FOR SALE

1525 Root Rd Lorain, OH 44052

Estimated Value: $156,000 - $237,000

3 Beds
2 Baths
1,889 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $220,000 $116 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,170/month

8 Days on Market

Highlights

  • 0.91 Acre Lot
  • Covered Patio or Porch
  • Home Security System
  • No HOA
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2024

Discover the perfect blend of charm and modern convenience in this beautifully maintained single-family residence nestled on a sprawling double lot, just shy of a full acre. With ample space to grow, play, and entertain, this home is an ideal choice for first-time buyers, those looking to downsize without sacrificing comfort, or anyone seeking a peaceful retreat. Step up onto the large covered front porch, boasting maintenance-free construction, and envision relaxing mornings sipping coffee as you admire your expansive front yard. Inside, a warm and inviting living room welcomes you, highlighted by a large picture window that bathes the space in natural light. The heart of the home is the fully remodeled kitchen, a true culinary delight featuring granite countertops, soft-close cabinets, and luxury vinyl plank flooring, all installed in 2021. Adjacent to the kitchen, the morning room with its vaulted ceiling offers a serene setting for casual dining or unwinding after a long day. Retire to the generous master bedroom adorned with gleaming hardwood floors that add a touch of elegance. Two additional bedrooms, also featuring hardwood floors, provide flexibility and room for family or guests. The main bathroom, updated in 2017, exude contemporary style and function, while the finished basement with a full bathroom (update in 2017) presents additional living space for entertainment, home office, and a workshop. For car enthusiasts or hobbyists, the detached 3-car garage offers ample space for vehicles and projects. Other recent upgrades include a whole-home dehumidifier installed in 2023 and a new roof for both the home and garage in 2021. Windows replaced 2011/2012, garage overhead doors replaced 2020. Water softener installed in 2016. And so much more! Come home to a life of comfort and tranquility, where every detail has been thoughtfully considered for your enjoyment.

Last Agent to Sell the Property

Jennifer Hite

Howard Hanna Brokerage Email: jenniferhite@howardhanna.com 440-864-4844 License #2014000877 Listed on: 08/14/2024

Howard Hanna

Co-Listed By

Leslie Pavlich

Howard Hanna Brokerage Email: jenniferhite@howardhanna.com 440-864-4844 License #2011001306

Last Buyer's Agent

Billy Swanzer

The Swanzer Agency License #2016000872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 120x330
  • 03-00-058-101-028

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Sheffield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-058-101-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,897

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1953
  • Attribution Contact: jenniferhite@howardhanna.com 440-864-4844
  • ResoSecurityFeatures: Security System
  • Co List Office Phone: 440-282-8002
  • Subdivision Name: Sheffield
  • Above Grade Finished Sq Ft: 1249.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Finished
  • Basement: Yes
  • Appliances: Microwave, Range, Refrigerator, Water Softener
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 640.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.91
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-058-101-027
  • LandLeaseYN: No
  • Lot Dimensions: 120x330
  • Additional Parcels Description: 03-00-058-101-028
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1897.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 23, 2024
Sold by
Freeman Jerry D and Freeman Alice A
Bought by
Bestor Scott M and Bestor Shari
Seller's Agent
Jennifer Hite
Howard Hanna
Buyer's Agent
Billy Swanzer
The Swanzer Agency
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%
Views
36
Current Estimated Value
$196,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,592
Avg. Annual Appreciation
-8.74%
Original Mortgage
$174,000
Outstanding Balance
$172,051
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$24,357

Purchase Details

Closed on
Aug 17, 2020
Sold by
Freeman Jerry D and Freeman Alice A
Bought by
Freeman Michael K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bestor Scott M $220,000 Network Land Title
Freeman Michael K -- None Available
Freeman Jerry D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bestor Scott M $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $220,000 0.0% $116 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $219,900 -- $116 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $1,655 $49,945 $4,932 $45,014
2023 $1,145 $31,406 $5,877 $25,529
2022 $1,157 $31,406 $5,877 $25,529
2021 $1,157 $31,406 $5,877 $25,529
2020 $1,016 $26,040 $4,870 $21,170
2019 $1,010 $26,040 $4,870 $21,170
2018 $1,058 $26,040 $4,870 $21,170
2017 $1,106 $26,580 $5,330 $21,250
2016 $1,097 $26,580 $5,330 $21,250
2015 $1,034 $26,580 $5,330 $21,250
2014 $959 $25,320 $5,080 $20,240
2013 $952 $25,320 $5,080 $20,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5062021

MLS Now (Howard Hanna)

APN: 03-00-058-101-027