NOT LISTED FOR SALE

1936 Tait St Lorain, OH 44053

Estimated Value: $71,000 - $88,000

2 Beds
1 Bath
633 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $82,900 $131 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $513/month

1 Day on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2024

Want that Lake Erie lifestyle without the hefty price tag? Perhaps this property will clip the ticket! Just a mile and half drive, approximately 5 minutes to Lakeview Beach and Lakeview Park on West Erie (SR 6). Especially during these hot summer days a location like this can't be beat! For those brisk fall mornings, take a stroll up through Lakeview Park and experience the magic of fall colors. Perhaps you're more interested in purchasing for rental income? With rental income potential of $900 - $950 per month this could be the ideal property with Lorain's low property taxes at $802 in the 2023 year ($67 per month). Wow! So many things you could do with this amazing two bedroom, one bathroom ranch on the west side of Lorain! Don't miss this one!

Last Agent to Sell the Property

Matthew Klein

Walnut Creek Realty, LLC. Brokerage Phone: 216-785-2345 License #2018000266 Listed on: 06/18/2024

Last Buyer's Agent

Steven Lawson

Russell Real Estate Services License #2020000096

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1948

Lot Details

  • 4,356

Parking

  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 1-Story Property
  • 4,356 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Lakeview Allotment Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-023-107-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$802

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1948
  • Attribution Contact: 216-785-2345 216-785-2345
  • Subdivision Name: Lakeview Allotment
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-023-107-026
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 802.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 30, 2024
Sold by
Tikitee Llc
Bought by
Shreve Cara R
Seller's Agent
Matthew Klein
Walnut Creek Realty, LLC.
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$79,900
Sold Price
$82,900
Premium/Discount to List
$3,000
3.75%
Views
25
Current Estimated Value
$83,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440
Avg. Annual Appreciation
2.01%
Original Mortgage
$80,413
Outstanding Balance
$79,861
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$4,978

Purchase Details

Closed on
Apr 12, 2024
Sold by
Williams Jacob M
Bought by
Tikitee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2019
Closed on
Feb 20, 2020
Sold by
Donofrio Michael A and Naples Janice M
Bought by
Williams Jacob M
Seller's Agent
Douglas George
Howard Hanna
Buyer's Agent
Christy Morek
Keller Williams Citywide
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.43%
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
Shreve Cara R $82,900 Innovative Title
Tikitee Llc $25,000 Innovative Title
Williams Jacob M $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shreve Cara R $80,413
Previous Owner Tikitee Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $82,900 +3.8% $131 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $79,900 +219.6% $126 / Sq Ft
02/24/2020 02/24/20 Sold $25,000 -16.4% $39 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
12/05/2019 12/05/19 Price Changed $29,900 -14.3% $47 / Sq Ft
11/19/2019 11/19/19 For Sale $34,900 -- $55 / 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 $856 $20,251 $9,828 $10,423
2023 $802 $15,180 $7,011 $8,169
2022 $795 $15,180 $7,011 $8,169
2021 $795 $15,180 $7,010 $8,170
2020 $867 $14,380 $6,640 $7,740
2019 $862 $14,380 $6,640 $7,740
2018 $855 $14,380 $6,640 $7,740
2017 $848 $13,320 $5,110 $8,210
2016 $841 $13,320 $5,110 $8,210
2015 $794 $13,320 $5,110 $8,210
2014 $793 $13,320 $5,110 $8,210
2013 $787 $13,320 $5,110 $8,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5047755

MLS Now

APN: 02-02-023-107-026