NOT LISTED FOR SALE

2042 Wallace Ln Lorain, OH 44053

Estimated Value: $138,000 - $198,000

3 Beds
2 Baths
1,092 Sq Ft
$159/Sq Ft Est. Value

About This Home

This home is located at 2042 Wallace Ln, Lorain, OH 44053 and is currently estimated at $173,342, approximately $158 per square foot. 2042 Wallace Ln is a home located in Lorain County with nearby schools including Toni Wofford Morrison Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Lute Mark E and Lute Janet M
Current Estimated Value
$173,342

Purchase Details

Closed on
Jun 22, 2009
Sold by
Mendoza Orlando R and Mendoza Damares
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 4, 2009
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 28, 2004
Sold by
Sanchez Paula Sue
Bought by
Mendoza Orlando R and Mendoza Damares

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,724
Interest Rate
6.46%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2004
Sold by
Sanchez Robert and Sanchez Paula Sue
Bought by
Sanchez Paula Sue

Purchase Details

Closed on
Jun 8, 2001
Sold by
Waldron Melvin M and Waldron Pamela L
Bought by
Sanchez Robert and Sanchez Paula S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,609
Interest Rate
7.18%
Mortgage Type
VA

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lute Mark E $65,100 Lakeside Title & Escrow Agen
Wells Fargo Bank Na $78,000 None Available
Secretary Of Housing & Urban Development -- None Available
Mendoza Orlando R $149,900 Truetitle Agency Inc
Sanchez Robert $133,000 Insignia Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lute Mark E $66,000
Closed Lute Mark E $50,000
Previous Owner Mendoza Orlando R $148,724
Previous Owner Sanchez Robert $136,291
Previous Owner Sanchez Robert $135,609
Source: Public Records

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 $2,596 $62,871 $31,311 $31,560
2023 $2,011 $39,036 $14,599 $24,437
2022 $1,993 $39,036 $14,599 $24,437
2021 $1,993 $39,036 $14,599 $24,437
2020 $2,173 $36,970 $13,830 $23,140
2019 $2,160 $36,970 $13,830 $23,140
2018 $2,003 $36,970 $13,830 $23,140
2017 $1,845 $29,750 $23,350 $6,400
2016 $1,830 $29,750 $23,350 $6,400
2015 $2,563 $44,170 $23,350 $20,820
2014 $2,557 $44,170 $23,350 $20,820
2013 $2,537 $44,170 $23,350 $20,820
Source: Public Records

Map

Ohio Lorain County Lorain 44053

2042 Wallace Ln, Lorain, OH

Homes for Sale in Lorain, OH

This home is located at 2042 Wallace Ln, Lorain, OH 44053 and is currently estimated at $173,342, approximately $158 per square foot. 2042 Wallace Ln is a home located in Lorain County with nearby schools including Toni Wofford Morrison Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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