NOT LISTED FOR SALE

1620 New Mexico Ave Lorain, OH 44052

Estimated Value: $114,000 - $139,000

3 Beds
1 Bath
1,137 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $58,500 $51 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $810/month

9 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • East Facing Home
  • Bungalow

About This Home

As of September 2019

Charming home on Lorain's east side that is a perfect opportunity for a first time home buyer, or an investor looking to expand their real estate portfolio. This home has been well cared for. Many updates include: New hot water tank (2018), newer windows and exterior doors, added insulation (2014), newer roof (2011), bathroom remodeled (2013). There is an additional toilet and shower in the basement near the laundry area. Seller is including a one year home warranty through America's Preferred Home Warranty for your peace of mind. Don't wait to schedule your private showing!

Last Agent to Sell the Property

Heather Krause

EXP Realty, LLC. License #2016002407 Listed on: 06/24/2019

EXP Realty, LLC.

Last Buyer's Agent

Dina Hernandez

Russell Real Estate Services License #2014001506

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1953

Lot Details

  • 7,841 Sq Ft Lot
  • East Facing Home
  • Unpaved Streets

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,137 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • C J Crehores 01 Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-056-121-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • House Faces: East
  • Price Per Square Foot: 51.45
  • Estimated Price per Sq Ft: 51.45
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1137
  • Year Built: 1953
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1953

Interior Features

  • Appliances Equipment: Dryer, Wall Oven, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1137.00
  • Sq Ft Approx Total Finished: 1137.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: C J Crehores 01 Allotment

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1800
  • Parcel Number: 03-00-056-121-018

Tax Info

  • Tax: 1192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 11, 2019
Sold by
Perichak Joseph R and Katrincsak Donna J
Bought by
Negron Carlos A Colon
Seller's Agent
Heather Krause
EXP Realty, LLC.
Buyer's Agent
Dina Hernandez
Russell Real Estate Services
List Price
$58,500
Sold Price
$58,500
Current Estimated Value
$130,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,099
Avg. Annual Appreciation
12.57%
Original Mortgage
$57,439
Outstanding Balance
$50,858
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$67,183

Purchase Details

Closed on
May 7, 2013
Sold by
Perichak Rose Marie
Bought by
Katrincsak Donna J and Arnoczky Kathleen J
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
Negron Carlos A Colon $58,500 Fidelity National Title
Katrincsak Donna J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negron Carlos A Colon $57,439
Previous Owner Perichak Rose Marie $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $58,500 0.0% $51 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $58,500 -- $51 / 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 $1,175 $38,287 $4,876 $33,411
2023 $794 $24,595 $5,331 $19,264
2022 $809 $24,595 $5,331 $19,264
2021 $809 $24,595 $5,331 $19,264
2020 $684 $20,390 $4,420 $15,970
2019 $680 $20,390 $4,420 $15,970
2018 $681 $20,390 $4,420 $15,970
2017 $763 $21,050 $5,360 $15,690
2016 $757 $21,050 $5,360 $15,690
2015 $714 $21,050 $5,360 $15,690
2014 $653 $20,040 $5,100 $14,940
2013 $649 $20,040 $5,100 $14,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4108792

MLS Now

APN: 03-00-056-121-018