NOT LISTED FOR SALE

1602 Cedar Dr Lorain, OH 44052

Estimated Value: $111,000 - $137,000

3 Beds
1 Bath
1,059 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $22,150 $21 Per Sq Ft

Est. 454% increase in value since last sale

Current estimated payment $763/month

40 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Fence
  • Bungalow

About This Home

As of November 2013

* 3 Bedroom Bungalow with Fenced Yard * HUD Owned Property Sold AS-IS * Insured Escrow * Buyer is responsible for due diligence and inquiry of all property information/condition * Owner Occupancy Restrictions may apply * Equal Housing Opportunity *

Last Agent to Sell the Property

Drew Vaneck

Westway Realty License #268119 Listed on: 09/12/2013

Last Buyer's Agent

John Guelker

Berkshire Hathaway HomeServices Lucien Realty License #2011001479

Berkshire Hathaway HomeServices Lucien Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65 x 134
  • Wood Fence

Home Design

  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 03-00-057-108-001

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1951
  • ResoSpecialListingConditions: HUD Owned
  • Reso Accessibility Features: None
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Wood
  • Acres: 0.2
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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: 03-00-057-108-001
  • Lot Dimensions: 65 x 134
  • Lot Size Sq Ft: 8712.0
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1175.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2013
Closed on
Nov 8, 2013
Sold by
Secretary Of Hud
Bought by
Ramsier Laureen
Seller's Agent
Drew Vaneck
Westway Realty
Buyer's Agent
John Guelker
Berkshire Hathaway HomeServices Lucien Realty
List Price
$22,125
Sold Price
$22,150
Premium/Discount to List
$25
0.11%
Current Estimated Value
$122,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,501
Avg. Annual Appreciation
15.05%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Bank Of America Na
Bought by
Secretary Hud

Purchase Details

Closed on
Jan 17, 2013
Sold by
Santiago Sergio
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 2, 2002
Sold by
Swaim Cindy
Bought by
Santiago Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,954
Interest Rate
6.38%
Mortgage Type
FHA
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
Ramsier Laureen $22,150 First American Title
Secretary Hud -- None Available
Bank Of America Na $89,997 None Available
Santiago Sergio $61,500 Real Estate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santiago Sergio $60,954
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2013 11/12/13 Sold $22,150 +0.1% $21 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $22,125 -- $21 / Sq Ft
Source: MLS Now

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 $1,502 $35,536 $5,051 $30,485
2023 $1,304 $24,693 $5,534 $19,159
2022 $1,293 $24,693 $5,534 $19,159
2021 $1,293 $24,693 $5,534 $19,159
2020 $1,235 $20,480 $4,590 $15,890
2019 $1,228 $20,480 $4,590 $15,890
2018 $1,301 $20,480 $4,590 $15,890
2017 $1,373 $21,580 $5,670 $15,910
2016 $1,362 $21,580 $5,670 $15,910
2015 $1,287 $21,580 $5,670 $15,910
2014 $1,223 $20,550 $5,400 $15,150
2013 $1,214 $20,550 $5,400 $15,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3443733

MLS Now

APN: 03-00-057-108-001