NOT LISTED FOR SALE

1604 Madison Ave Lorain, OH 44053

Estimated Value: $96,000 - $150,000

3 Beds
2 Baths
1,579 Sq Ft
$80/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $55,000 $35 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $760/month

11 Days on Market

Highlights

  • City View
  • 1 Car Detached Garage
  • Bungalow
  • Deck
  • Enclosed Patio or Porch
  • Forced Air Heating System

About This Home

As of August 2020

Very cute bungalow close to Lakeview Beach. First floor bedroom and bathroom. Two bedrooms on the second floor. Kitchen has tons of counter space. Beautiful hardwood floors in the living room. Formal dining room has a ceiling fan and 4 season rooms has heat and air conditioning. Basement is partially finished with a large rec area and a full bathroom. One car detached garage has a patio attached. Large back yard is fully fenced with a privacy fence. Front deck has built in seats! Home features newer roof and exterior doors.

Last Agent to Sell the Property

Shannon Wozniak

RE/MAX Crossroads Properties License #2009004519 Listed on: 06/21/2020

RE/MAX Crossroads Properties

Last Buyer's Agent

Chris Walling

Red 1 Realty, LLC License #2018001049

Red 1 Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,149

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • East Facing Home
  • Property is Fully Fenced
  • Privacy Fence

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • City Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Lake View Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-023-109-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,149

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • House Faces: East
  • Price Per Square Foot: 56.18
  • Estimated Price per Sq Ft: 56.18
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 979
  • Year Built: 1920
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Dryer, Wall Oven, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 979.00
  • Sq Ft Approx Below Grade Finished: 600.00
  • Sq Ft Approx Total Finished: 1579.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Exterior Features: Deck, Enclosed Patio/Porch, Patio
  • Fences: Full, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Lake View

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 40x100
  • Lot Size Units: Acres
  • Acres: 0.0900
  • Parcel Number: 02-02-023-109-035

Tax Info

  • Tax: 1149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Aug 20, 2020
Sold by
Hamlin Robert O and Hamlin Sarah J
Bought by
Garcia Tabitha
Seller's Agent
Shannon Wozniak
RE/MAX Crossroads Properties
Buyer's Agent
Chris Walling
Red 1 Realty, LLC
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Current Estimated Value
$126,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,146
Avg. Annual Appreciation
16.62%
Original Mortgage
$44,000
Outstanding Balance
$39,031
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$87,115

Purchase Details

Closed on
Jul 19, 2000
Sold by
Alexander Pohuliaj and Alexander Toni A
Bought by
Hamlin Robert O and Hamlin Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
8.31%

Purchase Details

Closed on
Jun 7, 1998
Sold by
Pohuliaj Alexander and Pohuliaj Toni A
Bought by
Hamlin Robert O and Hamlin Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
10%
Mortgage Type
Seller Take Back
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
Garcia Tabitha $55,000 None Available
Hamlin Robert O $65,000 --
Hamlin Robert O $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Tabitha $44,000
Previous Owner Hamlin Robert O $65,250
Previous Owner Hamlin Robert O $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $55,000 -8.3% $35 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $60,000 -- $38 / 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 $1,279 $30,996 $7,168 $23,828
2023 $1,070 $20,745 $6,647 $14,098
2022 $1,061 $20,745 $6,647 $14,098
2021 $1,061 $20,745 $6,647 $14,098
2020 $1,156 $19,640 $6,290 $13,350
2019 $1,149 $19,640 $6,290 $13,350
2018 $1,150 $19,640 $6,290 $13,350
2017 $1,207 $19,450 $4,840 $14,610
2016 $1,198 $19,450 $4,840 $14,610
2015 $1,130 $19,450 $4,840 $14,610
2014 $1,127 $19,450 $4,840 $14,610
2013 $1,118 $19,450 $4,840 $14,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4198860

MLS Now

APN: 02-02-023-109-035