NOT LISTED FOR SALE

1615 Nevada Ave Lorain, OH 44052

Estimated Value: $144,015 - $153,000

3 Beds
2 Baths
2,176 Sq Ft
$68/Sq Ft Est. Value

Last Sold October 13, 2015

Last sale price $40,000 $18 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $953/month

22 Days on Market

Highlights

  • City View
  • Porch
  • Baseboard Heating
  • 1 Car Detached Garage
  • Central Air
  • West Facing Home

About This Home

As of October 2015

HUD Case #412-486408. As Is Sale. Seller Will Not Make Repairs. Buyer Is Responsible For Utilities For All Inspections/Appraisal. Buyer Is Also Responsible For Escrow and Correction Of All POS Violations. POS Has Been Ordered and Will Be Available In Attachments When Ready. This Property Is FHA Uninsured, But Is 203(k) Eligible. Equal Housing Opportunity. Rare Opportunity For The Buyer Looking To Use HUD's Good Neighbor Next Door Program. Not Sure What That Is? Call Me To Find Out. This Home Is Much Larger Than It Appears At First Glance. The Lower Level Is Fully Finished and Includes A Third Bedroom and Second Bath, Plus Family Room and Two Additional Living Spaces. Won't Last At This Price!

Last Agent to Sell the Property

Debra Foreback

RE/MAX Above & Beyond License #2003017457 Listed on: 07/13/2015

RE/MAX Above & Beyond

Last Buyer's Agent

Daniel Minnich

Minnich Realty, LLC. License #2012002582

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot
  • West Facing Home
  • Privacy Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-055-119-003

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 31.80
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1258
  • Year Built: 1959
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 2176
  • Estimated Total Living Area: 2176
  • Estimated Sq Ft: 1258

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Fences: Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 03-00-055-119-003

Tax Info

  • Tax: 1402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Oct 7, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Shawver Richard Merle
Seller's Agent
Debra Foreback
RE/MAX Above & Beyond
Buyer's Agent
Daniel Minnich
Minnich Realty, LLC.
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$148,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,504
Avg. Annual Appreciation
13.51%
Original Mortgage
$39,275
Outstanding Balance
$32,286
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$108,189

Purchase Details

Closed on
Jun 5, 2014
Sold by
Hsbc Bank Usa Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 28, 2014
Sold by
Spraglin Bernice
Bought by
Hsbc Bank Usa Na and Mastr Reperforming Loan Trust 2005 2

Purchase Details

Closed on
Jun 11, 2013
Sold by
Spraglin John
Bought by
Spraglin Bernice

Purchase Details

Closed on
Apr 4, 2011
Sold by
Spraglin Bernice
Bought by
Spraglin John

Purchase Details

Closed on
Nov 12, 1999
Sold by
Spraglin John
Bought by
Spraglin John and Spraglin Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.88%
Mortgage Type
Stand Alone Second
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
Shawver Richard Merle $40,000 Erieview Title Agency Llc
Secretary Of Housing & Urban Development -- None Available
Hsbc Bank Usa Na $30,000 None Available
Spraglin Bernice -- None Available
Spraglin John -- None Available
Spraglin John -- Tower City Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shawver Richard Merle $39,275
Previous Owner Spraglin John $427,500
Previous Owner Spraglin John $31,107
Previous Owner Spraglin Bernice $15,557
Previous Owner Spraglin John $131,227
Previous Owner Spraglin John $127,950
Previous Owner Spraglin John $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2015 10/13/15 Sold $40,000 -20.0% $18 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $50,000 -- $23 / 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 $1,803 $43,722 $4,284 $39,438
2023 $1,485 $28,826 $4,956 $23,870
2022 $1,472 $28,826 $4,956 $23,870
2021 $1,472 $28,826 $4,956 $23,870
2020 $1,405 $23,900 $4,110 $19,790
2019 $1,397 $23,900 $4,110 $19,790
2018 $1,466 $23,900 $4,110 $19,790
2017 $1,534 $24,740 $4,630 $20,110
2016 $1,522 $24,740 $4,630 $20,110
2015 $1,476 $24,740 $4,630 $20,110
2014 -- $23,560 $4,410 $19,150
2013 $1,353 $23,560 $4,410 $19,150
Source: Public Records

Agents Affiliated with this Home

  • Debra Foreback

    Seller's Agent in 2015

    Debra Foreback

    RE/MAX

    (216) 373-2882

    2 in this area

    38 Total Sales

    Debra Foreback
    Section Image
  • Daniel Minnich

    Buyer's Agent in 2015

    Daniel Minnich

    Minnich Realty, LLC.

    (440) 320-3735

    23 in this area

    40 Total Sales

    Daniel Minnich
    Section Image
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Map

Source: MLS Now

MLS Number: 3729014

MLS Now

APN: 03-00-055-119-003

Ohio Lorain County Lorain 44052

1615 Nevada Ave, Lorain, OH

This home is located at 1615 Nevada Ave, Lorain, OH 44052 since 13 July 2015 and is currently estimated at $148,504, approximately $68 per square foot. This property was built in 1959. 1615 Nevada Ave is a home located in Lorain County with nearby schools including Larkmoor Elementary School, Longfellow Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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