NOT LISTED FOR SALE

1861 E 31st St Lorain, OH 44055

Estimated Value: $81,000 - $131,000

4 Beds
2 Baths
1,636 Sq Ft
$68/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $26,000 $16 Per Sq Ft

Est. 328% increase in value since last sale

Current estimated payment $744/month

9 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Park
  • 1 Fireplace
  • Porch
  • Heating System Uses Steam

About This Home

As of August 2020

Time to bring this large 4 bedroom 2 full bath Colonial back to life. The house has so much character with neat rooms and beautiful wood work throughout. There is a walk up 3rd, used as attic space now. The buyer will have to assume the city POS Violations in supplements. “ Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition” The property is eligible under the Freddie Mac First Look initiative until 07/27/2020.

Last Listed By

Paul Kleinhenz

Fathom Realty License #437347 Listed on: 07/07/2020

Fathom Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50x190
  • Property is Fully Fenced
  • Chain Link Fence
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,636 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 03-00-095-103-025

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 15.89
  • Estimated Price per Sq Ft: 15.89
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1636
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1636.00
  • Sq Ft Approx Total Finished: 1636.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch
  • Fences: Chain Link, Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park

Schools

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

Lot Info

  • Lot Dimensions: 50X190
  • Lot Size Units: Acres
  • Acres: 0.2100
  • Parcel Number: 03-00-095-103-025

Tax Info

  • Tax: 947

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Jul 29, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Resch Michael A
Seller's Agent
Paul Kleinhenz
Fathom Realty
Buyer's Agent
Pam Hakaim
RE/MAX Above & Beyond
List Price
$34,900
Sold Price
$26,000
Premium/Discount to List
-$8,900
-25.5%
Total Days on Market
9
Current Estimated Value
$111,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,236
Avg. Annual Appreciation
34.20%

Purchase Details

Closed on
Feb 12, 2020
Sold by
Rivera Francisco J and Rivera Yolanda M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 21, 1996
Sold by
Yoarra Ysaura
Bought by
Rivera Francisco J and Rivera Yolanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.44%
Mortgage Type
New Conventional

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
Resch Michael A $26,000 None Available
Federal Home Loan Mortgage Corporation $26,000 None Available
Rivera Francisco J $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resch Michael A $72,800
Previous Owner Rivera Yolanda M $15,000
Previous Owner Rivera Francisco J $15,700
Previous Owner Rivera Francisco J $74,900
Previous Owner Rivera Francisco J $76,000
Previous Owner Rivera Francisco J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $26,000 -25.5% $16 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $34,900 -- $21 / 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 $1,449 $34,286 $5,390 $28,896
2023 $948 $17,952 $3,283 $14,669
2022 $940 $17,952 $3,283 $14,669
2021 $940 $17,952 $3,283 $14,669
2020 $952 $15,790 $2,890 $12,900
2019 $947 $15,790 $2,890 $12,900
2018 $1,006 $15,790 $2,890 $12,900
2017 $1,088 $17,550 $3,850 $13,700
2016 $1,079 $17,550 $3,850 $13,700
2015 $1,018 $17,550 $3,850 $13,700
2014 $1,016 $17,550 $3,850 $13,700
2013 $1,008 $17,550 $3,850 $13,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4203781

MLS Now

APN: 03-00-095-103-025