NOT LISTED FOR SALE

1545 Kansas Ave Lorain, OH 44052

Estimated Value: $101,000 - $170,000

2 Beds
1 Bath
3,200 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 11, 2017

Last sale price $78,000 $24 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $734/month

186 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Baseboard Heating

About This Home

As of September 2017

Many possibilities. Income property. One Building. Three Units are identical. Corner lot. Private Parking with concrete driveway. The large eat-in kitchen flanks the living room. A spacious living room has sliding glass doors leading to concrete patio. First floor with laundry/mechanical has a utility tub and plenty of storage. This completes the first floor. There are two large bedrooms with a full bathroom on the second floor. An oversized 1 1/2 detached/workshop block garage has a man door and overhead door. There is electric and has plenty of storage. Some newer updates in 2016 include: Roof, gutters, and exterior was painted. There are four separate meters. Tenants pay all utilities.

Last Agent to Sell the Property

Donna Miller

Howard Hanna License #435559 Listed on: 02/09/2017

Howard Hanna

Co-Listed By

Donna Templeton

Howard Hanna License #2006001869

Last Buyer's Agent

Donna Miller

Howard Hanna License #435559 Listed on: 02/09/2017

Howard Hanna

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 4,792

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Cedar

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Corner Lot
  • Baseboard Heating

Community Details

  • 3 Units
  • East Side Realty Co. Allotment Community

Listing and Financial Details

  • Tenant pays for electric, pays all
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-000-511-370-16

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 24.38
  • Estimated Price per Sq Ft: 24.38
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3200
  • Year Built: 1978
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1978

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Approx Above Grade Finished: 3200.00
  • Sq Ft Approx Total Finished: 3200.00

Exterior Features

  • Exterior: Cedar
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: East Side Realty Co. Allotment

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 02-000-511-370-17
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Parcel Number: 02-000-511-370-16

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Pays All

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 2

Tax Info

  • Tax: 2106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Aug 29, 2017
Sold by
Theiss Olga W
Bought by
Southgate Properties Ltd
Seller's Agent
Donna Miller
Howard Hanna
Buyer's Agent
Donna Miller
Howard Hanna
List Price
$79,500
Sold Price
$78,000
Premium/Discount to List
-$1,500
-1.89%
Current Estimated Value
$133,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,667
Avg. Annual Appreciation
12.04%
Original Mortgage
$62,400
Outstanding Balance
$52,727
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$140,273

Purchase Details

Closed on
Sep 24, 2010
Sold by
Theiss Olga W
Bought by
Theiss Olga W and The Olga W Theiss Trust
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
Southgate Properties Ltd $78,000 Miller Home Title
Theiss Olga W -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southgate Properties $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2017 09/11/17 Sold $78,000 -1.9% $24 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $79,500 +1.9% $25 / Sq Ft
08/09/2017 08/09/17 Off Market $78,000 -- --
07/14/2017 07/14/17 Price Changed $79,500 -11.2% $25 / Sq Ft
04/22/2017 04/22/17 Price Changed $89,500 -10.1% $28 / Sq Ft
02/09/2017 02/09/17 For Sale $99,500 -- $31 / 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 $65 $1,530 $1,530 --
2023 $116 $2,188 $2,188 $0
2022 $115 $2,188 $2,188 $0
2021 $115 $2,188 $2,188 $0
2020 $109 $1,810 $1,810 $0
2019 $109 $1,810 $1,810 $0
2018 $109 $1,810 $1,810 $0
2017 $169 $2,650 $2,650 $0
2016 $167 $2,650 $2,650 $0
2015 $158 $2,650 $2,650 $0
2014 $150 $2,520 $2,520 $0
2013 $149 $2,520 $2,520 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3876359

MLS Now

APN: 02-00-051-137-016