NOT LISTED FOR SALE

1763 Reid Ave Lorain, OH 44052

Estimated Value: $86,000 - $131,000

3 Beds
2 Baths
1,352 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $44,000 $33 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $661/month

121 Days on Market

Highlights

  • City View
  • Porch
  • West Facing Home
  • 1 Fireplace
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of January 2021

3 bed, 2 bath ranch in central downtown Lorain. Great investment or starter home!

Last Agent to Sell the Property

Douglas George

Howard Hanna License #2012002401 Listed on: 08/24/2020

Howard Hanna

Last Buyer's Agent

Tatyana Krilova

Howard Hanna License #2005005301

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 50 x 150
  • West Facing Home

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • City Views

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-147-012

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 32.54
  • Estimated Price per Sq Ft: 32.54
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1352
  • Year Built: 2002
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2002

Interior Features

  • Appliances Equipment: Dishwasher, Wall Oven
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1352.00
  • Sq Ft Approx Total Finished: 1352.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Units: Acres
  • Parcel Number: 02-01-003-147-012

Tax Info

  • Tax: 1504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Jan 13, 2021
Sold by
Bleu Ocean Properties Llc
Bought by
Panasyuk Irina
Seller's Agent
Douglas George
Howard Hanna
Buyer's Agent
Tatyana Krilova
Howard Hanna
List Price
$50,000
Sold Price
$44,000
Premium/Discount to List
-$6,000
-12%
Current Estimated Value
$105,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,238
Avg. Annual Appreciation
20.82%

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 31, 2019
Sold by
Ortega Carmen N and Ortega Carmen
Bought by
Blue Ocean Properties Llc
Seller's Agent
Gail Maier
Howard Hanna
Buyer's Agent
Douglas George
Howard Hanna
List Price
$40,000
Sold Price
$33,000
Premium/Discount to List
-$7,000
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$35,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2007
Sold by
Hud
Bought by
Vega Juan A and Ortega Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2006
Sold by
Abn Amro Mortgage Group Inc
Bought by
Hud

Purchase Details

Closed on
May 3, 2005
Sold by
Barnes Wallace and Barnes Grace
Bought by
Abn Amro Mortgage Group Inc

Purchase Details

Closed on
Jun 19, 2002
Sold by
Ear Investors Llc
Bought by
Barnes Wallace and Barnes Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,153
Interest Rate
6.87%
Mortgage Type
FHA
Source: Public Records

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
Panasyuk Irina $44,000 None Available
Blue Ocean Properties Llc $8,000 None Available
Vega Juan A -- Lakeside Title & Escrow Agen
Hud -- None Available
Abn Amro Mortgage Group Inc $35,000 --
Barnes Wallace $108,000 Truetitle Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Ocean Properties Llc $35,000
Previous Owner Vega Juan A $15,000
Previous Owner Barnes Wallace $107,153
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $44,000 -12.0% $33 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $50,000 0.0% $37 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
09/11/2020 09/11/20 Price Changed $50,000 -9.1% $37 / Sq Ft
08/24/2020 08/24/20 For Sale $55,000 +66.7% $41 / Sq Ft
02/04/2019 02/04/19 Sold $33,000 -17.5% $24 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $40,000 -- $30 / 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 $1,235 $29,229 $1,925 $27,304
2023 $1,538 $29,113 $1,712 $27,402
2022 $1,525 $29,113 $1,712 $27,402
2021 $1,525 $29,113 $1,712 $27,402
2020 $1,552 $25,740 $1,510 $24,230
2019 $1,504 $25,740 $1,510 $24,230
2018 $805 $25,740 $1,510 $24,230
2017 $105 $1,700 $1,700 $0
2016 $105 $1,700 $1,700 $0
2015 $63 $1,700 $1,700 $0
2014 $61 $1,580 $1,580 $0
2013 $57 $1,580 $1,580 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4217326

MLS Now

APN: 02-01-003-147-012