NOT LISTED FOR SALE

1616 Prospect St Elyria, OH 44035

Estimated Value: $339,664 - $382,000

3 Beds
3 Baths
2,301 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $266,000 $116 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,244/month

14 Days on Market

Highlights

  • 0.41 Acre Lot
  • Deck
  • 1 Fireplace
  • Colonial Architecture
  • Wooded Lot
  • 2 Car Direct Access Garage

About This Home

As of January 2022

This well kept brick Colonial has beautiful curb appeal with mature landscaping, and trees for summer shade on a .41 acre lot. Welcoming foyer with gorgeous entry door and hardwood flooring. To use as you wish: a 1st floor bedroom/or office and full bath. A spacious open concept eat-in kitchen has granite tops, island, maple flooring, and pantry. Kitchen is open to a large and comfortable Family Room with Fireplace, and to a relaxing deck for grilling. Back yard is fully fenced with cedar fencing. Upstairs are 3 great sized Bedrooms with 2 additional Full Baths. The Master suite boasts double doors, neutral carpet, his 'n hers walk-in closets. Master bath has separate tub and shower, and double sink granite vanity.
Many updates including: Beautiful granite tops in Kitchen and all baths; quality roof '08; windows '07/'08; 95% eff. furnace with humidifier; added insulation. Family room has a WB fireplace. 1st floor laundry. Side load 2 car garage. Security system, large cedar closet in the basement. EZ access to I480, airport, and I90. Welcome Home! Motivated Seller!

Last Agent to Sell the Property

Andrea Hauserman

Keller Williams Chervenic Rlty License #2016005652 Listed on: 11/07/2021

Keller Williams Chervenic Rlty

Last Buyer's Agent

Arneatha Shannon

Deleted Agent License #2018005670

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,799

Year Built

  • Built in 1987

Lot Details

  • 0.41 Acre Lot
  • Wood Fence
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,301 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Utilities

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

Community Details

  • University Oaks Sub Community

Listing and Financial Details

  • Assessor Parcel Number 10-00-005-101-130

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,799

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 115.60
  • Estimated Price per Sq Ft: 115.60
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2301
  • Year Built: 1987
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Sump Pump, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Room Count: 12
  • Basement Detail: Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2301.00
  • Sq Ft Approx Total Finished: 2301.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Deck
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: University Oaks Sub

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.4100
  • Parcel Number: 10-00-005-101-130

Tax Info

  • Tax: 3799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2021
Closed on
Jan 7, 2022
Sold by
Cipriano Lindsay J
Bought by
Williams Nicholas
Seller's Agent
Andrea Hauserman
Keller Williams Chervenic Rlty
Buyer's Agent
Arneatha Shannon
Deleted Agent
List Price
$275,000
Sold Price
$266,000
Premium/Discount to List
-$9,000
-3.27%
Current Estimated Value
$352,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,666
Avg. Annual Appreciation
7.36%
Original Mortgage
$266,000
Outstanding Balance
$244,683
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$107,983

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jul 29, 2021
Sold by
Nowell Michael J and Nowell Pamela J
Bought by
Cipriano Lindsay J
Seller's Agent
Andrea Hauserman
Keller Williams Chervenic Rlty
Buyer's Agent
Andrea Hauserman
Keller Williams Chervenic Rlty
List Price
$145,000
Sold Price
$172,174
Premium/Discount to List
$27,174
18.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.75%
Original Mortgage
$116,000
Interest Rate
2.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Nicholas $266,000 Title Professional Group
Cipriano Lindsay J $145,000 Title Professionals Group Lt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Nicholas $266,000
Previous Owner Cipriano Lindsay J $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2022 01/06/22 Sold $266,000 +2.3% $116 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/18/2021 11/18/21 Price Changed $260,000 -5.5% $113 / Sq Ft
11/07/2021 11/07/21 For Sale $275,000 +59.7% $120 / Sq Ft
07/30/2021 07/30/21 Sold $172,174 +18.7% $75 / Sq Ft View Prior Sale
07/07/2021 07/07/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $145,000 -- $63 / 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 $4,768 $100,755 $22,771 $77,984
2023 $3,986 $73,003 $17,770 $55,234
2022 $3,964 $73,003 $17,770 $55,234
2021 $3,973 $73,003 $17,770 $55,234
2020 $3,799 $62,080 $15,110 $46,970
2019 $3,775 $62,080 $15,110 $46,970
2018 $3,782 $62,080 $15,110 $46,970
2017 $4,117 $64,770 $14,940 $49,830
2016 $4,062 $64,770 $14,940 $49,830
2015 $3,805 $64,770 $14,940 $49,830
2014 $3,957 $68,180 $15,730 $52,450
2013 $3,920 $68,180 $15,730 $52,450
Source: Public Records

Agents Affiliated with this Home

  • Andrea Hauserman

    Seller's Agent in 2022

    Andrea Hauserman

    Keller Williams Chervenic Rlty

    (216) 965-5104

    2 in this area

    86 Total Sales

    Andrea Hauserman
    Section Image

  • A

    Buyer's Agent in 2022

    Arneatha Shannon

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4305234

MLS Now

APN: 10-00-005-101-130

Ohio Lorain County Elyria 44035

1616 Prospect St, Elyria, OH

Not Listed for Sale

Detached

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