NOT LISTED FOR SALE

1862 Homewood Dr Lorain, OH 44055

Estimated Value: $175,000 - $205,328

4 Beds
2 Baths
1,714 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $155,500 $91 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,151/month

3 Days on Market

Highlights

  • Deck
  • Community Playground
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Park
  • 3-minute walk to Porath Park

About This Home

As of July 2022

Welcome to a wonderfully renovated split level home with 4 spacious bedrooms and 2 full bathrooms. The master bedroom is located on the lower level with an attached master bathroom, just six stairs separate the master bedroom to the main living area. The plethora of updates include the following: The Kitchen offers new appliances, new cabinetry, and counter tops. Along with an updated kitchen, both bathrooms were updated with new showers, vanities and flooring. The bedrooms received new flooring, paint and light fixtures while the living room and dining room received fresh paint, flooring and light fixtures. The back yard was updated with a new covered deck with new lighting and electric. The home also received a new roof, gutters and vinyl siding in 2020 and a new central air unit in 2022.

Last Agent to Sell the Property

Anthony Mendez

House to Home Real Estate Professionals, LLC. License #2016002816 Listed on: 07/01/2022

Last Buyer's Agent

Non-Member Non-Member

Non-Member License #9999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Split Level Home
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,714 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-100-108-005

Community Details

Overview

  • Oakwood Acres Sub #1 Community

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,013

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Split Level
  • Price Per Square Foot: 90.72
  • Estimated Price per Sq Ft: 90.72
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1714
  • Year Built: 1960
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Smoke Detector, Washer
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Crawl
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1714.00
  • Sq Ft Approx Total Finished: 1714.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 1

Utilities

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

Association/Amenities

  • Amenities: Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Oakwood Acres Sub #1

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1800
  • Parcel Number: 03-00-100-108-005
  • LandLeaseYN: No

Tax Info

  • Tax: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 28, 2022
Sold by
Sandra Guzman Jr and Sandra S
Bought by
Price Maurice and Jacovetti Jocelyn
Seller's Agent
Anthony Mendez
House to Home Real Estate Professionals, LLC.
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$155,000
Sold Price
$155,500
Premium/Discount to List
$500
0.32%
Current Estimated Value
$184,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,332
Avg. Annual Appreciation
3.81%
Original Mortgage
$7,775
Outstanding Balance
$7,493
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$166,927

Purchase Details

Closed on
Mar 30, 2020
Sold by
Mendez Jose A and Price Amy L
Bought by
Marrero Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,708
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 16, 2019
Sold by
Tully Michael D
Bought by
Mendez Jose A
Seller's Agent
Fred Barck
Deleted Agent
Buyer's Agent
Amy Price
House to Home Real Estate Professionals, LLC.
List Price
$49,000
Sold Price
$35,000
Premium/Discount to List
-$14,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.11%
Original Mortgage
$26,250
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Price Maurice $155,500 Bush Theodore J
Marrero Nelson $93,400 Accommodation
Mendez Jose A $35,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Maurice $7,775
Open Price Maurice $150,835
Previous Owner Marrero Nelson $90,561
Previous Owner Marrero Nelson $91,708
Previous Owner Mendez Jose A $26,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $155,500 +0.3% $91 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $155,000 +342.9% $90 / Sq Ft
09/16/2019 09/16/19 Sold $35,000 -28.6% $19 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $49,000 -- $26 / 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 $1,732 $42,007 $4,522 $37,485
2023 $1,980 $38,451 $4,263 $34,188
2022 $2,014 $38,451 $4,263 $34,188
2021 $2,014 $38,451 $4,263 $34,188
2020 $1,867 $30,960 $3,430 $27,530
2019 $826 $22,880 $3,430 $19,450
2018 $819 $22,880 $3,430 $19,450
2017 $812 $21,850 $4,670 $17,180
2016 $806 $21,850 $4,670 $17,180
2015 $760 $21,850 $4,670 $17,180
2014 $704 $20,910 $4,470 $16,440
2013 $698 $20,910 $4,470 $16,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4388053

MLS Now

APN: 03-00-100-108-005