NOT LISTED FOR SALE

1602 Nichols Ave Lorain, OH 44053

Estimated Value: $82,000 - $105,973

2 Beds
1 Bath
840 Sq Ft
$107/Sq Ft Est. Value

About This Home

This home is located at 1602 Nichols Ave, Lorain, OH 44053 and is currently estimated at $89,743, approximately $106 per square foot. 1602 Nichols Ave is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Moore Nathaniel L
Current Estimated Value
$89,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,335
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2009
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 27, 2009
Sold by
Mendlik Aprilyn A and Mendlik Aprilyn
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 12, 2007
Sold by
Obrien Michael D and Obrien Michelle
Bought by
Mendlik Aprilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,712
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2005
Sold by
Schweder Jennifer L and Schweder Christopher
Bought by
Obrien Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,360
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1997
Sold by
Sunset Properties
Bought by
Long Jennfier L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,900
Interest Rate
8%

Purchase Details

Closed on
Mar 28, 1997
Sold by
Sheller Wayne
Bought by
Strader Darrell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
7.73%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Moore Nathaniel L $25,000 Lakeside Title & Escrow Agen
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $40,000 None Available
Mendlik Aprilyn $79,500 Real Living Title Agency Ltd
Obrien Michael D $77,900 Northstar Title Services
Long Jennfier L $59,900 --
Strader Darrell L $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Nathaniel L $61,050
Closed Moore Nathaniel L $25,335
Previous Owner Mendlik Aprilyn $78,712
Previous Owner Obrien Michael D $76,360
Previous Owner Schweder Jennifer L $57,200
Previous Owner Long Jennfier L $56,900
Previous Owner Strader Darrell L $28,500
Source: Public Records

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 $1,255 $30,429 $7,168 $23,261
2023 $1,176 $22,841 $6,647 $16,195
2022 $1,166 $22,841 $6,647 $16,195
2021 $1,166 $22,841 $6,647 $16,195
2020 $1,271 $21,630 $6,290 $15,340
2019 $1,264 $21,630 $6,290 $15,340
2018 $1,265 $21,630 $6,290 $15,340
2017 $1,209 $19,500 $4,840 $14,660
2016 $1,199 $19,500 $4,840 $14,660
2015 $1,131 $19,500 $4,840 $14,660
2014 $1,128 $19,500 $4,840 $14,660
2013 $1,120 $19,500 $4,840 $14,660
Source: Public Records

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