1950 Madison Ave Lorain, OH 44053
Estimated Value: $106,000 - $118,000
2
Beds
1
Bath
940
Sq Ft
$117/Sq Ft
Est. Value
About This Home
This home is located at 1950 Madison Ave, Lorain, OH 44053 and is currently estimated at $110,003, approximately $117 per square foot. 1950 Madison Ave is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2011
Sold by
Castlerock Reo 2 Llc
Bought by
Charlton Stacey A
Current Estimated Value
Purchase Details
Closed on
Sep 15, 2011
Sold by
U S Bank National Association
Bought by
Castlerock Reo 2 Llc
Purchase Details
Closed on
Jul 25, 2011
Sold by
Mihalick David R
Bought by
U S Bank National Association
Purchase Details
Closed on
Jan 4, 2005
Sold by
Schuller Robert and Schuler Jennifer
Bought by
Mihalick David R and Mihalick Jennifer J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,340
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 27, 2000
Sold by
Maylone Robert
Bought by
Schuler Robert L
Purchase Details
Closed on
Jan 1, 1999
Sold by
Schuler Robert L
Bought by
Maylone Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.92%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 29, 1998
Sold by
Strnad Lewis
Bought by
Schuller Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
7.03%
Purchase Details
Closed on
Mar 11, 1997
Sold by
Strnad Lewis
Bought by
Adkinson Gary D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Charlton Stacey A | $13,750 | None Available | |
| Castlerock Reo 2 Llc | $100,000 | None Available | |
| U S Bank National Association | $30,000 | None Available | |
| Mihalick David R | $33,000 | Mtc Title Co | |
| Schuler Robert L | -- | -- | |
| Maylone Robert | $59,000 | -- | |
| Schuller Robert | $49,200 | -- | |
| Adkinson Gary D | $33,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mihalick David R | $54,340 | |
| Previous Owner | Maylone Robert | $59,000 | |
| Previous Owner | Schuller Robert | $51,200 |
Source: Public Records
Tax History Compared to Growth
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 | $1,125 | $26,614 | $9,765 | $16,849 |
| 2023 | $1,177 | $22,285 | $9,055 | $13,230 |
| 2022 | $1,167 | $22,285 | $9,055 | $13,230 |
| 2021 | $1,167 | $22,285 | $9,055 | $13,230 |
| 2020 | $1,273 | $21,110 | $8,580 | $12,530 |
| 2019 | $1,266 | $21,110 | $8,580 | $12,530 |
| 2018 | $1,291 | $21,110 | $8,580 | $12,530 |
| 2017 | $1,315 | $20,670 | $7,520 | $13,150 |
| 2016 | $1,304 | $20,670 | $7,520 | $13,150 |
| 2015 | $1,232 | $20,670 | $7,520 | $13,150 |
| 2014 | $1,291 | $20,670 | $7,520 | $13,150 |
| 2013 | $1,220 | $20,670 | $7,520 | $13,150 |
Source: Public Records
Map
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