NOT LISTED FOR SALE

1912 Madison Ave Lorain, OH 44053

Estimated Value: $116,000 - $132,000

3 Beds
1 Bath
924 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $106,000 $115 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $748/month

15 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • 1-Story Property
  • 1 Car Detached Garage
  • Property is Fully Fenced

About This Home

As of July 2023

This move in ready 3 bedroom cape cod with new carpet and fresh paint is just minutes from the lake! The full bath and master bedroom are on the main floor, 2 bedrooms are upstairs along with a large cedar closet. The basement has a laundry area and stand up shower, lots of built in shelving for storage, and a canning/storage room. Outside you have an oversized one car detached garage with electric and an attached storage area. The generous sized fenced backyard also has a large concrete patio, perfect for entertaining!

**Possible rent to own available with acceptable down payment!**

Last Agent to Sell the Property

Arie Miller

Bright Horizons, Inc. License #2019000812 Listed on: 04/27/2023

Co-Listed By

Rick Miller

Bright Horizons, Inc. License #308502

Last Buyer's Agent

Victoria Borger

RE/MAX Quality Realty License #446967

RE/MAX Quality Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Lakeview Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-023-109-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,358

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 114.72
  • Estimated Price per Sq Ft: 114.72
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 924
  • Year Built: 1940
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 924.00
  • Sq Ft Approx Total Finished: 924.00

Exterior Features

  • Exterior: Aluminum
  • Fences: Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Lakeview

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 02-02-023-109-047
  • LandLeaseYN: No

Tax Info

  • Tax: 1358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 25, 2023
Sold by
Living Stone Trust
Bought by
Ramirez Peter and Fontanez Khacenlien Letzary
Seller's Agent
Arie Miller
Bright Horizons, Inc.
Buyer's Agent
Victoria Borger
RE/MAX Quality Realty
List Price
$109,900
Sold Price
$106,000
Premium/Discount to List
-$3,900
-3.55%
Views
64
Current Estimated Value
$123,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,320
Avg. Annual Appreciation
6.19%
Original Mortgage
$104,570
Outstanding Balance
$101,516
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$21,804

Purchase Details

Closed on
Mar 16, 2018
Sold by
Hillyar Phylis J
Bought by
Gradisek Brittany

Purchase Details

Closed on
Nov 2, 1998
Sold by
Zelina John M
Bought by
Hillyer Phyllis J

Purchase Details

Closed on
Jun 27, 1994
Sold by
Pravlik Edward D
Bought by
Zelina John M and Phyllis Hillyer J
Source: Public Records
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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
Ramirez Peter $106,500 None Listed On Document
Living Stone Trust -- None Listed On Document
Gradisek Brittany -- --
Hillyer Phyllis J -- --
Zelina John M $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Peter $104,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $106,000 -3.5% $115 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $109,900 -- $119 / 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 $1,231 $29,841 $9,587 $20,255
2023 $1,369 $25,911 $10,255 $15,656
2022 $1,358 $25,911 $10,255 $15,656
2021 $1,358 $25,911 $10,255 $15,656
2020 $1,480 $24,540 $9,710 $14,830
2019 $1,472 $24,540 $9,710 $14,830
2018 $1,777 $24,540 $9,710 $14,830
2017 $2,230 $22,530 $8,110 $14,420
2016 $1,422 $22,530 $8,110 $14,420
2015 $1,344 $22,530 $8,110 $14,420
2014 $1,408 $22,530 $8,110 $14,420
2013 $1,331 $22,530 $8,110 $14,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4454515

MLS Now

APN: 02-02-023-109-047