NOT LISTED FOR SALE

1802 Nichols Ave Lorain, OH 44053

Estimated Value: $109,000 - $151,000

3 Beds
1 Bath
1,500 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $49,000 $33 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $799/month

133 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating System
  • Porch

About This Home

As of May 2017

Opportunity abounds with this spacious Cape Cod on a quiet street in Lorain. This home is right down the road from Lake Erie and just a short drive from the marina. Will work great as a single family or investment opportunity. Current owner has made updates to the kitchen and bathroom as well as carpeting the upstairs living space. Property has a full, dry unfinished basement. Schedule your showing today!

Last Listed By

Greg Erlanger

Keller Williams Citywide License #2004000516 Listed on: 11/25/2016

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Lakeview Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-023-108-047

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • Price Per Square Foot: 32.67
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1500
  • Year Built: 1948
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1948

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Detail: Unfinished
  • Living Area Sq Ft: 1500

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Lakeview Allotment

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1800
  • Parcel Number: 02-02-023-108-047

Tax Info

  • Tax: 1507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2016
Closed on
May 17, 2017
Sold by
Laij Property Management Llc
Bought by
Long Abbeygail M
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$55,000
Sold Price
$49,000
Premium/Discount to List
-$6,000
-10.91%
Total Days on Market
133
Current Estimated Value
$123,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,930
Avg. Annual Appreciation
12.25%

Purchase Details

Closed on
May 16, 2012
Sold by
Ives Lester A
Bought by
Laij Property Management Llc

Purchase Details

Closed on
Jun 22, 1999
Sold by
Estate Of Diane Jean Ives
Bought by
Ives Lester Allen

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
Long Abbeygail M $49,000 --
Laij Property Management Llc -- None Available
Ives Lester Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ives Lester A $35,100
Previous Owner Ives Lester Allen $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2017 05/18/17 Sold $49,000 +8.9% $33 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
02/10/2017 02/10/17 Price Changed $45,000 -4.3% $30 / Sq Ft
01/05/2017 01/05/17 Price Changed $47,000 -6.0% $31 / Sq Ft
12/06/2016 12/06/16 Price Changed $50,000 -9.1% $33 / Sq Ft
11/25/2016 11/25/16 For Sale $55,000 -- $37 / 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 $1,272 $30,860 $10,749 $20,111
2023 $1,537 $29,852 $11,501 $18,351
2022 $1,524 $29,852 $11,501 $18,351
2021 $1,524 $29,852 $11,501 $18,351
2020 $1,662 $28,270 $10,890 $17,380
2019 $1,652 $28,270 $10,890 $17,380
2018 $1,653 $28,270 $10,890 $17,380
2017 $1,607 $25,260 $9,680 $15,580
2016 $1,595 $25,260 $9,680 $15,580
2015 $1,507 $25,260 $9,680 $15,580
2014 $1,579 $25,260 $9,680 $15,580
2013 $1,492 $25,260 $9,680 $15,580
Source: Public Records

Agents Affiliated with this Home

  • Greg Erlanger

    Seller's Agent in 2017

    Greg Erlanger

    Keller Williams Citywide

    (440) 892-2211

    3,845 Total Sales

    Greg Erlanger
    Section Image
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Map

Source: MLS Now

MLS Number: 3861459

MLS Now

APN: 02-02-023-108-047

Ohio Lorain County Lorain 44053

1802 Nichols Ave, Lorain, OH

Homes for Sale in Lorain, OH

This home is located at 1802 Nichols Ave, Lorain, OH 44053 since 25 November 2016 and is currently estimated at $123,930, approximately $82 per square foot. This property was built in 1948. 1802 Nichols 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.

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