1616 Root Rd Lorain, OH 44052
Estimated Value: $131,000 - $161,000
3
Beds
1
Bath
1,137
Sq Ft
$125/Sq Ft
Est. Value
About This Home
This home is located at 1616 Root Rd, Lorain, OH 44052 and is currently estimated at $142,193, approximately $125 per square foot. 1616 Root Rd is a home located in Lorain County with nearby schools including Larkmoor Elementary School, Longfellow Middle School, and Lorain High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2003
Sold by
Furlich Jeffrey A
Bought by
Lee Barbara J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$36,065
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$106,128
Purchase Details
Closed on
Aug 19, 1996
Sold by
Milovich Geraldine
Bought by
Furlich Jeffrey A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.18%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Barbara J | $92,500 | -- | |
| Furlich Jeffrey A | $79,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Barbara J | $82,500 | |
| Previous Owner | Furlich Jeffrey A | $60,000 |
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 | $1,600 | $38,798 | $4,585 | $34,213 |
| 2023 | $1,362 | $26,446 | $5,457 | $20,990 |
| 2022 | $1,350 | $26,446 | $5,457 | $20,990 |
| 2021 | $1,350 | $26,446 | $5,457 | $20,990 |
| 2020 | $1,290 | $21,940 | $4,530 | $17,410 |
| 2019 | $1,282 | $21,940 | $4,530 | $17,410 |
| 2018 | $1,283 | $21,940 | $4,530 | $17,410 |
| 2017 | $1,381 | $22,270 | $4,950 | $17,320 |
| 2016 | $1,370 | $22,270 | $4,950 | $17,320 |
| 2015 | $1,292 | $22,270 | $4,950 | $17,320 |
| 2014 | $1,228 | $21,220 | $4,720 | $16,500 |
| 2013 | $1,218 | $21,220 | $4,720 | $16,500 |
Source: Public Records
Map
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