NOT LISTED FOR SALE

1961 E 29th St Lorain, OH 44055

Estimated Value: $89,082 - $127,000

3 Beds
1 Bath
1,311 Sq Ft
$83/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $54,000 $41 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $700/month

7 Days on Market

Highlights

  • Newly Remodeled
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Cape Cod Architecture
  • Porch

About This Home

As of January 2023

This large cape cod home offers a solid value add opportunity! The spacious home has living room, dining room, large kitchen, 3 good sized bedrooms and a full bath. There is a full basement, detached single car garage, covered front porch and deep, fenced-in backyard. Located on a quiet residential street, the property is within walking distance to Oakwood Park, the library, schools and more! A great opportunity to build portfolio value from the ground up. Just add a little TLC to really make this home shine! Schedule a showing to see its potential for yourself!

Last Listed By

Mike Azzam

RE/MAX Haven Realty License #2014004734 Listed on: 12/30/2022

RE/MAX Haven Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 1900 | Newly Remodeled

Lot Details

  • 7,405

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,311 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Porch
  • 7,405 Sq Ft Lot

Community Details

  • Sheffield Land Co's Sub #1 Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-095-108-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$608

Year Built

Built in 1900 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 41.19
  • Estimated Price per Sq Ft: 41.19
  • Year Built Exception: New Construction
  • Num Of Stories: 1.50
  • Total Sq Ft: 1311
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1311.00
  • Sq Ft Approx Total Finished: 1311.00

Exterior Features

  • Exterior Features: Porch
  • 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: Private Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Sheffield Land Co's Sub #1

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-095-108-042
  • LandLeaseYN: No

Tax Info

  • Tax: 608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Jan 26, 2023
Sold by
Star Ridge Llc
Bought by
Tm Real Estate Group Llc
Seller's Agent
Mike Azzam
RE/MAX Haven Realty
Buyer's Agent
Paige Landes
King Realty
List Price
$59,900
Sold Price
$54,000
Premium/Discount to List
-$5,900
-9.85%
Total Days on Market
7
Views
29
Current Estimated Value
$109,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,021
Avg. Annual Appreciation
35.19%
Original Mortgage
$18,540
Interest Rate
5.54%

Purchase Details

Listed on
Dec 30, 2022
Closed on
Dec 16, 2022
Sold by
Vazquez Judith and Vazquez Jose
Bought by
Star Ridge Llc
Seller's Agent
Mike Azzam
RE/MAX Haven Realty
Buyer's Agent
Paige Landes
King Realty
List Price
$59,900
Sold Price
$54,000
Premium/Discount to List
-$5,900
-9.85%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,540
Interest Rate
5.54%

Purchase Details

Closed on
Sep 19, 2022
Sold by
Burgos Juan Diaz and Burgos Iris
Bought by
Vazquez Judith and Guzman Evelyn F

Range of Values:

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Average Value
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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
Tm Real Estate Group Llc $54,000 --
Star Ridge Llc $18,000 Titleco Title Agency
Vazquez Judith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Star Ridge Llc $18,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold $54,000 -9.8% $41 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $59,900 -- $46 / 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 $1,085 $25,676 $4,900 $20,776
2023 $1,061 $20,087 $2,986 $17,101
2022 $579 $20,087 $2,986 $17,101
2021 $579 $20,087 $2,986 $17,101
2020 $524 $17,670 $2,630 $15,040
2019 $521 $17,670 $2,630 $15,040
2018 $521 $17,670 $2,630 $15,040
2017 $374 $14,780 $3,500 $11,280
2016 $371 $14,780 $3,500 $11,280
2015 $350 $14,780 $3,500 $11,280
2014 $349 $14,780 $3,500 $11,280
2013 $346 $14,780 $3,500 $11,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4430208

MLS Now

APN: 03-00-095-108-042