NOT LISTED FOR SALE

1831 Wallace Ln Lorain, OH 44053

Estimated Value: $223,000 - $318,000

3 Beds
2 Baths
2,091 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $32,000 $15 Per Sq Ft

Est. 728% increase in value since last sale

Current estimated payment $1,742/month

15 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Baseboard Heating
  • 1 Fireplace
  • Central Air

About This Home

As of March 2014

This is a Fannie Mae HomePath property. Spacious ranch style home near Lake Erie! Beautiful entry with warm fireplace in living room. Light & bright kitchen with ceramic tile floors. Luxurious sunken tub in master bath. Walk-in closet in master. Oversized attached 2-car garage. Full basement with plenty of room for storage. Huge yard with trees and privacy. This property is approved for HomePath Renovation Mortgage Financing.

Last Listed By

Kenneth Myers

Deleted Agent License #389458 Listed on: 12/31/2013

Deleted Agent

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 100x491

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 2,091 Sq Ft Home
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-02-022-103-016

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 15.30
  • Total Sq Ft: 2091
  • Year Built: 1952
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Room Count: 2
  • Basement Detail: Full
  • Living Area Sq Ft: 2091
  • Estimated Total Living Area: 2091
  • Estimated Sq Ft: 2091

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 100x491
  • Lot Size Area Sq Ft: 48787.0000
  • Lot Size Units: Acres
  • Price Per Acre: 28571.43
  • Acres: 1.1200
  • Parcel Number: 02-02-022-103-016

Tax Info

  • Tax: 2766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2020
Sold by
Troncoso Manuel and Troncoso Sandra
Bought by
Troncoso Manuel and Troncoso Sandra
Total Days on Market
15
Current Estimated Value
$264,976

Purchase Details

Listed on
Dec 31, 2013
Closed on
Feb 21, 2014
Sold by
Fannie Mae
Bought by
Troncoso Manuel
Seller's Agent
Kenneth Myers
Deleted Agent
Buyer's Agent
Rafael Perez Marin
Deleted Agent
List Price
$31,900
Sold Price
$32,000
Premium/Discount to List
$100
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.04%

Purchase Details

Listed on
Dec 31, 2013
Closed on
Jan 29, 2014
Sold by
Vannoy Diana A and Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association
Seller's Agent
Kenneth Myers
Deleted Agent
Buyer's Agent
Rafael Perez Marin
Deleted Agent
List Price
$31,900
Sold Price
$32,000
Premium/Discount to List
$100
0.31%

Purchase Details

Closed on
Apr 20, 2000
Sold by
Johnson Dennis R and Johnson Judy G
Bought by
Vannoy Wendell R and Vannoy Diana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.22%

Purchase Details

Closed on
Oct 15, 1997
Sold by
Pogorelc Robert J
Bought by
Johnson Dennis R and Johnson Judy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
6.92%

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
Troncoso Manuel -- None Available
Troncoso Manuel -- Omega Title Agency Llc
Federal National Mortgage Association $62,000 None Available
Vannoy Wendell R $140,000 Lorain County Title Co Inc
Johnson Dennis R $85,500 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troncoso Manuel $25,000
Previous Owner Vannoy Wendell R $27,795
Previous Owner Vannoy Wendell R $112,000
Previous Owner Johnson Dennis R $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $32,000 +0.3% $15 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
12/31/2013 12/31/13 For Sale $31,900 -- $15 / 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 $3,111 $75,425 $30,888 $44,538
2023 $3,385 $65,730 $19,320 $46,410
2022 $3,356 $65,730 $19,320 $46,410
2021 $3,355 $65,730 $19,320 $46,410
2020 $3,753 $62,250 $18,300 $43,950
2019 $3,732 $62,250 $18,300 $43,950
2018 $2,981 $49,690 $18,300 $31,390
2017 $3,078 $48,380 $17,420 $30,960
2016 $3,054 $48,380 $17,420 $30,960
2015 $2,886 $48,380 $17,420 $30,960
2014 $3,023 $48,380 $17,420 $30,960
2013 $2,858 $48,380 $17,420 $30,960
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Myers

    Seller's Agent in 2014

    Kenneth Myers

    Deleted Agent

    (440) 937-7777

    54 Total Sales

    Section Image

  • R

    Buyer's Agent in 2014

    Rafael Perez Marin

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 3466411

MLS Now

APN: 02-02-022-103-016

Ohio Lorain County Lorain 44053

1831 Wallace Ln, Lorain, OH

Homes for Sale in Lorain, OH

This home is located at 1831 Wallace Ln, Lorain, OH 44053 since 31 December 2013 and is currently estimated at $264,976, approximately $126 per square foot. This property was built in 1952. 1831 Wallace Ln is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

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