NOT LISTED FOR SALE

1602 Lake Ave Elyria, OH 44035

Estimated Value: $167,000 - $220,000

5 Beds
2 Baths
1,921 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $132,500 $69 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $942/month

4 Days on Market

Highlights

  • 0.38 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Colonial Architecture

About This Home

As of July 2021

Welcome home to this spacious 5 Bedroom 2 Full Bath Colonial. This home is filled with original character. The front porch was built for relaxing with a cold beverage and sitting with family or friends. Enjoy cooking with the family in the eat-in kitchen, appliances will stay. Formal dinning room with cottage windows. 1st floor master bedroom with newer laminate floors. Family Room with wood burning fireplace opens to the living room. 4 additional bedrooms upstairs. New carpet or laminate floors have been installed in all bedrooms in the last year some also have been freshly painted. Carpet in living, dinning, and family room is approx. 5-6 years old. This home is ready to move in and enjoy. 1 Year Home Warranty provided through HSA.

Last Agent to Sell the Property

Ronda Jedrzejek

Howard Hanna License #2006006622 Listed on: 05/24/2021

Howard Hanna

Last Buyer's Agent

Kimberly Kepling

Russell Real Estate Services License #2018000318

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 77x200
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,921 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06-24-035-102-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,486

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 68.97
  • Estimated Price per Sq Ft: 68.97
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 1921
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1921.00
  • Sq Ft Approx Total Finished: 1921.00

Exterior Features

  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 77x200
  • Lot Size Units: Acres
  • Acres: 0.3800
  • Parcel Number: 06-24-035-102-040

Tax Info

  • Tax: 1486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2025
Sold by
Lynch Russell
Bought by
Kronen Jason
Current Estimated Value
$143,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,547
Outstanding Balance
$135,547
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$61,794

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 15, 2021
Sold by
Gregory John C and Estate Of Donald J Gregory
Bought by
Lynch Russell
Seller's Agent
Ronda Jedrzejek
Howard Hanna
Buyer's Agent
Kimberly Kepling
Russell Real Estate Services
List Price
$129,900
Sold Price
$132,500
Premium/Discount to List
$2,600
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$135,547
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2019
Sold by
Estate Of Rita E Gregory
Bought by
Gregory Donald J
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
Kronen Jason $125,300 None Listed On Document
Lynch Russell $132,500 Old Republic Natl Ttl Ins Co
Gregory Donald J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kronen Jason $135,547
Previous Owner Lynch Russell $135,547
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $132,500 +2.0% $69 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $129,900 -- $68 / 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 $2,299 $48,580 $10,024 $38,556
2023 $1,643 $29,404 $8,292 $21,112
2022 $1,604 $29,404 $8,292 $21,112
2021 $1,124 $29,404 $8,292 $21,112
2020 $950 $24,280 $6,850 $17,430
2019 $944 $24,280 $6,850 $17,430
2018 $946 $24,280 $6,850 $17,430
2017 $1,276 $28,830 $7,550 $21,280
2016 $1,259 $28,830 $7,550 $21,280
2015 $1,180 $28,830 $7,550 $21,280
2014 $1,165 $28,830 $7,550 $21,280
2013 $1,154 $28,830 $7,550 $21,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4282073

MLS Now

APN: 06-24-035-102-040