NOT LISTED FOR SALE

1701 E 29th St Lorain, OH 44055

Estimated Value: $109,359

7 Beds
4 Baths
2,120 Sq Ft
$52/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $80,000 $38 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $721/month

205 Days on Market

About This Home

As of December 2020

Four bedroom home with three, one bedroom apartments and storefront located at the corner of East 29th st. & Globe. The apartments are located above the store and have been renovated with modern and sensible updates; all three units have an updated furnace. The four bedroom unit has new flooring and additional updates. The store is a blank canvas, this unit includes a storage area along with access to its own basement and bathroom. With TLC the store and four bedroom unit can renovated to create a steady cash flow while the apartment units pay the properties mortgage.

Last Listed By

Anthony Mendez

House to Home Real Estate Professionals, LLC. License #2016002816 Listed on: 02/26/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 5 Units
  • Sheffield Land Co Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-096-108-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 37.74
  • Estimated Price per Sq Ft: 37.74
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2120
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Sq Ft Approx Above Grade Finished: 2120.00
  • Sq Ft Approx Total Finished: 2120.00

Exterior Features

  • Exterior: Brick
  • Roof: Flat

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Sheffield Land Co

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-096-108-029

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 1
  • Number of Units: 5
  • Percent Units Occupied: 60

Tax Info

  • Tax: 4171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Dec 11, 2020
Sold by
Nutt Daniel J
Bought by
Piper Pendleton Alliance Llc
Seller's Agent
Anthony Mendez
House to Home Real Estate Professionals, LLC.
Buyer's Agent
Jeremy Piper
Keller Williams Elevate
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%
Total Days on Market
205
Current Estimated Value
$109,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,359
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Jun 16, 2005
Sold by
Lukachko David M and Lukachko Susan M
Bought by
Nutt Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2000
Sold by
Dutro Raymond C
Bought by
Lukachko David M and Lukachko Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
8.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 1999
Sold by
Dutro Raymond C and Dutro Angela S
Bought by
Dutro Raymond C and Raymond C Dutro Revocable Trust

Purchase Details

Closed on
Oct 15, 1997
Sold by
Trst David W Stahl
Bought by
Dutro Raymond C and Dutro Angela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 1997
Sold by
Premier Bank & Trust
Bought by
David W Stahl Trust

Purchase Details

Closed on
Jun 10, 1997
Sold by
Shrf Matthew G Bender Pr
Bought by
Premier Bank & Trust

Purchase Details

Closed on
Jan 18, 1995
Sold by
Rubio Miguel A
Bought by
Bender Matthew G and Bender Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
9.2%
Mortgage Type
Commercial

Range of Values:

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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
Piper Pendleton Alliance Llc $80,000 None Available
Nutt Daniel J $160,000 Elyria Land Title
Lukachko David M $150,000 Midland
Dutro Raymond C -- Guardian Title
Dutro Angela S -- Guardian Title
Dutro Raymond C $70,000 --
David W Stahl Trust $60,000 --
Premier Bank & Trust $60,000 --
Bender Matthew G $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nutt Daniel J $128,000
Previous Owner Lukachko David M $142,500
Previous Owner Dutro Raymond C $65,000
Previous Owner Bender Matthew G $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $80,000 -11.0% $38 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $89,900 -5.3% $42 / Sq Ft
02/26/2020 02/26/20 For Sale $94,900 -- $45 / 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 $3,648 $57,113 $3,969 $53,144
2023 $4,117 $52,399 $3,308 $49,091
2022 $4,076 $52,399 $3,308 $49,091
2021 $4,095 $52,399 $3,308 $49,091
2020 $4,208 $52,400 $3,310 $49,090
2019 $4,172 $52,400 $3,310 $49,090
2018 $4,095 $52,400 $3,310 $49,090
2017 $5,594 $64,730 $3,890 $60,840
2016 $5,524 $64,730 $3,890 $60,840
2015 $5,266 $64,730 $3,890 $60,840
2014 $5,206 $64,730 $3,890 $60,840
2013 $5,217 $64,730 $3,890 $60,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4170743

MLS Now

APN: 03-00-096-108-029