NOT LISTED FOR SALE

1702 Madison Ave Lorain, OH 44053

Estimated Value: $126,194 - $154,000

3 Beds
1 Bath
1,200 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $23,000 $19 Per Sq Ft

Est. 503% increase in value since last sale

Current estimated payment $822/month

108 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2018

3 bedrooms up, 2 car detached garage, fenced rear yard, basement with rec room. Located close to Lakeview Park beach.

Last Agent to Sell the Property

Rick Miller

Bright Horizons, Inc. License #308502 Listed on: 02/16/2018

Last Buyer's Agent

Rick Miller

Bright Horizons, Inc. License #308502 Listed on: 02/16/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Lakeview Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-023-109-038

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 19.17
  • Estimated Price per Sq Ft: 19.17
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1200
  • Year Built: 1973
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Approx Above Grade Finished: 1200.00
  • Sq Ft Approx Total Finished: 1200.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Lakeview

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0900
  • Parcel Number: 02-02-023-109-038

Tax Info

  • Tax: 1364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 31, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Maka Llc
Seller's Agent
Rick Miller
Bright Horizons, Inc.
Buyer's Agent
Rick Miller
Bright Horizons, Inc.
List Price
$29,900
Sold Price
$23,000
Premium/Discount to List
-$6,900
-23.08%
Current Estimated Value
$138,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,799
Avg. Annual Appreciation
26.72%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Lorain County Sheriff
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Oct 17, 2002
Sold by
Walker Mark E and Walker Sabine
Bought by
Colbert Warren J and Colbert Randi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,373
Interest Rate
6.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maka Llc $23,000 Carrington Title
Wilmington Savings Fund Society Fsb $28,000 --
Colbert Warren J $80,000 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colbert Warren J $79,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $23,000 -7.6% $19 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $24,900 -16.7% $21 / Sq Ft
02/16/2018 02/16/18 For Sale $29,900 -- $25 / 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 $1,234 $29,211 $7,168 $22,043
2023 $1,369 $25,907 $6,647 $19,261
2022 $1,357 $25,907 $6,647 $19,261
2021 $1,357 $25,907 $6,647 $19,261
2020 $1,479 $24,530 $6,290 $18,240
2019 $1,471 $24,530 $6,290 $18,240
2018 $1,472 $24,530 $6,290 $18,240
2017 $1,376 $22,190 $4,840 $17,350
2016 $1,365 $22,190 $4,840 $17,350
2015 $1,287 $22,190 $4,840 $17,350
2014 $1,284 $22,190 $4,840 $17,350
2013 $1,275 $22,190 $4,840 $17,350
Source: Public Records

Agents Affiliated with this Home

  • Rick Miller

    Seller's Agent in 2018

    Rick Miller

    Bright Horizons, Inc.

    (440) 985-1023

    17 in this area

    84 Total Sales

    Rick Miller
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Map

Source: MLS Now

MLS Number: 3974012

MLS Now

APN: 02-02-023-109-038

Ohio Lorain County Lorain 44053

1702 Madison Ave, Lorain, OH

Not Listed for Sale

Detached

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