NOT LISTED FOR SALE

1702 Madison Ave Lorain, OH 44053

Estimated Value: $112,000 - $129,000

3 Beds
1 Bath
1,200 Sq Ft
$100/Sq Ft Est. Value

Last Sold June 15, 2018

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

Est. 421% increase in value since last sale

Current estimated payment $774/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
  • 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%
Total Days on Market
108
Current Estimated Value
$119,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,805
Avg. Annual Appreciation
27.79%

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

Similar Homes in Lorain, OH

  • 1352 Madison Ave, Lorain, OH 44053

    $100,000

    • 2 Beds
    • 1 Bath
    • 946 Sq Ft
    • 1352 Madison Ave
    • Lorain, OH

    Bring your decorating eye to this cute 2 bedroom 1 bath Ranch home. Located within walking distance to Lake Erie and not far from Lakeview Park makes it easy to enjoy the summer. Multiple neighborhood restaurants and a corner store makes the area easy and convenient. All of the appliances stay in the home, and the laundry is in the garage. The back yard is fenced and has a storage shed.

    Michael Hignett Northern Ohio Realty

    Section Image
  • 1703 Washington Ave, Lorain, OH 44052

    $139,900

    • 5 Beds
    • 2 Baths
    • 1,816 Sq Ft
    • 1703 Washington Ave
    • Lorain, OH

    Welcome home to this fully remodeled 5 beds 2 full baths home ready to move in! You can find 2 bedrooms on the main floor with a full bath and laundry area. Upstairs you have the main bedroom with a full bath, 2 beds and an electric chimney! Updates are: interior painting, flooring, carpet, baths, kitchen, some windows, new air conditioner unit, HWT and furnace. Also with a privacy fence, this

    Roxana Rodriguez Century 21 DeAnna Realty

    Section Image
  • 842 W 18th St, Lorain, OH 44052

    $135,000

    • 5 Beds
    • 2 Baths
    • 842 W 18th St
    • Lorain, OH

    New Listing – 842 W 18th St, Lorain, OH. Welcome to this charming 5-bedroom colonial just minutes from downtown Lorain, Black River Landing, and the lakefront marina. This spacious home features two full bathrooms, a generous kitchen with plenty of cabinet space, and a large dining room ideal for hosting. The bedrooms are roomy, including a large fifth bedroom located in the attic. The full

    Dina Hernandez Russell Real Estate Services

    Section Image
  • 1844 Lexington Ave, Lorain, OH 44052

    $120,000

    • 3 Beds
    • 1 Bath
    • 1,448 Sq Ft
    • 1844 Lexington Ave
    • Lorain, OH

    Charming 3-Bedroom Home with Spacious Garage & Fenced Yard!Welcome to 1844 Lexington Ave in Lorain! This freshly updated 3-bedroom, 1-bath home is move-in ready and full of character. Enjoy brand new flooring and fresh paint throughout, creating a bright and inviting space. A beautiful bay window adds charm and natural light to the living area. The full basement offers endless

    Dina Hernandez Russell Real Estate Services

    Section Image
  • 3154 Eastlawn St, Lorain, OH 44052

    $139,000

    • 3 Beds
    • 1 Bath
    • 3154 Eastlawn St
    • Lorain, OH

    Welcome HOME to 3154 Eastlawn St, Lorain, OH. This charming 3-bedroom, 1-bath bungalow is move-in ready with a host of recent updates. Step inside to find fresh paint, new flooring, modern cabinets, sleek countertops, and brand-new appliances, giving the home a stylish and contemporary feel. Energy-efficient vinyl windows and updated light fixtures enhance both comfort and functionality, while

    Dina Hernandez Russell Real Estate Services

    Section Image
  • 1721 Tait St, Lorain, OH 44053

    $145,000

    • 3 Beds
    • 1 Bath
    • 1,007 Sq Ft
    • 1721 Tait St
    • Lorain, OH

    Welcome to this beautifully remodeled home, offering a fantastic opportunity for first-time homebuyers or investors seeking a turnkey rental. The home has been completely updated, featuring modern finishes and high-quality upgrades throughout. Step inside and be greeted by the brand-new flooring that flows seamlessly throughout the entire home. The kitchen is fully remodeled with sleek new

    Leah Whited Russell Real Estate Services

    Section Image
  • 2233 Leavitt Rd, Lorain, OH 44052

    $104,900

    • 3 Beds
    • 1 Bath
    • 1,092 Sq Ft
    • 2233 Leavitt Rd
    • Lorain, OH

    Welcome to this quaint and cozy Cape Cod that perfectly blends classic charm with modern updates. Featuring two comfortably sized bedrooms on the main floor and a spacious third bedroom upstairs, this home offers a flexible layout ideal for families, guests, or a private home office. The beautifully updated full bathroom is conveniently located on the first floor. Step inside to find fresh paint,

    Mathew Chase Keller Williams Greater Metropolitan

    Section Image
  • 1504 W 19th St, Lorain, OH 44052

    $97,500

    • 2 Beds
    • 1 Bath
    • 951 Sq Ft
    • 1504 W 19th St
    • Lorain, OH

    Enjoy one-floor living in this charming ranch home. With all new carpet and vinyl flooring throughout as well as paint both inside and out you'll feel like you're living in a new build with all the appeal of a century home with beautiful woodwork and solid wood doors. Every inch is freshened and clean. Don't miss your chance to own this lovely home.

    Bellinski-Lynch Real Estate Group Russell Real Estate Services

    Section Image
  • 2246 Utica Ave, Lorain, OH 44052

    $124,900

    • 3 Beds
    • 2 Baths
    • 2246 Utica Ave
    • Lorain, OH

    Compliment your investment portfolio with this ranch style home offering a welcoming front entrance, spacious living room, efficient eat-in kitchen, three first floor bedrooms, full unfinished basement, attached two car garage, deck, expansive yard, great curb appeal and so much more.

    Andrea Neal Russell Real Estate Services

    Section Image
See All Homes in Lorain

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Previous Owner Walker Mark E $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

    93 Total Sales

    Rick Miller
    Section Image
See All Agents

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

This home is located at 1702 Madison Ave, Lorain, OH 44053 since 16 February 2018 and is currently estimated at $119,805, approximately $99 per square foot. This property was built in 1973. 1702 Madison Ave is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes