NOT LISTED FOR SALE

2116 E 28th St Lorain, OH 44055

Estimated Value: $78,000 - $125,000

2 Beds
1 Bath
680 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $70,000 $103 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $598/month

130 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Enclosed patio or porch
  • 1-Story Property

About This Home

As of May 2021

This home is zoned for commercial and residential. The lot on the right side next door is reasonably priced for sale through the city. This is a good opportunity not only for someone looking for a manageable home, but would also be a good fit for a small business. New Gutters installed in 2020. New roof, windows, siding, fans, light fixtures, and flooring installed in 2014. Renovated and move-in ready. Exterior inspection passed. All it needs is you!

Last Agent to Sell the Property

Michael Golab

Walnut Creek Realty, LLC. License #2019001963 Listed on: 10/26/2020

Last Buyer's Agent

Joy Lawrence

Howard Hanna License #2018004900

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $562

Year Built

  • Built in 1900

Lot Details

  • 3,049

Parking

  • 1 Car Detached Garage
  • Unpaved Parking

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 680 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Enclosed patio or porch
  • 3,049 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03-00-085-104-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$562

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 680.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.07
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • 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: 03-00-085-104-005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 562.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Padgett Carol Germaine
Bought by
Padgett Germaine and Padgett Donald J
Total Days on Market
130
Current Estimated Value
$94,260

Purchase Details

Listed on
Oct 26, 2020
Closed on
May 3, 2021
Sold by
Murat Mihai and Murat Erica
Bought by
Padgett Carol Germaine
Seller's Agent
Michael Golab
Walnut Creek Realty, LLC.
Buyer's Agent
Joy Lawrence
Howard Hanna
List Price
$66,999
Sold Price
$70,000
Premium/Discount to List
$3,001
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$68,732
Outstanding Balance
$62,946
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$31,314

Purchase Details

Closed on
May 10, 2004
Sold by
Anglero Yolanda
Bought by
Murat Mihai and Murat Erica
Source: Public Records

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Range of Values:

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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
Padgett Germaine -- None Available
Padgett Carol Germaine $70,000 None Available
Murat Mihai $25,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padgett Carol Germaine $68,732
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $70,000 0.0% $103 / Sq Ft
03/25/2021 03/25/21 Off Market $70,000 -- --
03/11/2021 03/11/21 Pending -- -- --
01/23/2021 01/23/21 Price Changed $67,000 0.0% $99 / Sq Ft
11/01/2020 11/01/20 For Sale $66,999 -- $99 / 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 $833 $20,213 $2,254 $17,959
2023 $549 $10,647 $1,372 $9,275
2022 $544 $10,647 $1,372 $9,275
2021 $558 $10,647 $1,372 $9,275
2020 $565 $9,370 $1,210 $8,160
2019 $562 $9,370 $1,210 $8,160
2018 $567 $9,370 $1,210 $8,160
2017 $571 $8,980 $1,610 $7,370
2016 $567 $8,980 $1,610 $7,370
2015 $536 $8,980 $1,610 $7,370
2014 $534 $8,980 $1,610 $7,370
2013 $530 $8,980 $1,610 $7,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4235483

MLS Now

APN: 03-00-085-104-005