NOT LISTED FOR SALE

2306 E Erie Ave Lorain, OH 44052

Estimated Value: $216,380 - $235,000

3 Beds
2.5 Baths
1,616 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $132,000 $82 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,421/month

4 Days on Market

Highlights

  • Lake View
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • 2 Car Attached Garage
  • West Facing Home

About This Home

As of May 2018

Stately, well maintained brick ranch with Lake Erie view from the front porch. Enjoy the convenience of the abundant improvements: roof, furnace, central air conditioning, humidifier, air cleaner, attic insulation, circuit breaker panel, gutter guards, sump pump, garage door opener, several replacement windows and glass block windows in the basement. Kitchen appliances stay! Huge basement, loads of storage or ready for your man cave! There's a one full and one half bath on the first floor and an additional full bath in the basement. Completed and clear City of Lorain POS too! This is a rare gem!

Last Agent to Sell the Property

Lisa Scheer

Howard Hanna License #422048 Listed on: 04/10/2018

Howard Hanna

Co-Listed By

Natalie Rich

Deleted Agent License #2016001828

Last Buyer's Agent

Pam Hakaim

RE/MAX Above & Beyond License #2016000717

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1949

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 55 x 241
  • West Facing Home

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Lake Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Faragher Add Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-049-103-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: West
  • Price Per Square Foot: 81.68
  • Estimated Price per Sq Ft: 81.68
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1616
  • Year Built: 1949
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1616.00
  • Sq Ft Approx Total Finished: 1616.00

Exterior Features

  • View: Lake Erie
  • Exterior: Brick
  • Exterior Features: Enclosed Patio/Porch, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Faragher Add

Schools

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

Lot Info

  • Lot Dimensions: 55 x 241
  • Lot Size Units: Acres
  • Acres: 0.3000
  • Parcel Number: 03-00-049-103-001

Tax Info

  • Tax: 2737

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 23, 2018
Sold by
Cunningham Carol E
Bought by
Banfy Edith M and Fazio Michael A
Seller's Agent
Lisa Scheer
Howard Hanna
Buyer's Agent
Pam Hakaim
RE/MAX Above & Beyond
List Price
$129,000
Sold Price
$132,000
Premium/Discount to List
$3,000
2.33%
Current Estimated Value
$225,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,095
Avg. Annual Appreciation
7.73%
Original Mortgage
$128,040
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2017
Sold by
Hardie Jeffrey
Bought by
Hardie Mark
Source: Public Records

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
Banfy Edith M $136,000 Old Republic National Title
Hardie Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banfy Edith $128,000
Closed Banfy Edith M $128,040
Previous Owner Cunningham Carol $100,000
Previous Owner Cunningham Carol $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $132,000 +2.3% $82 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $129,000 -- $80 / 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 $2,332 $66,353 $10,878 $55,475
2023 $2,323 $54,275 $10,857 $43,418
2022 $3,074 $54,275 $10,857 $43,418
2021 $2,970 $54,275 $10,857 $43,418
2020 $2,708 $43,840 $8,770 $35,070
2019 $2,696 $43,840 $8,770 $35,070
2018 $2,697 $43,840 $8,770 $35,070
2017 $2,224 $34,200 $8,700 $25,500
2016 $2,211 $34,200 $8,700 $25,500
2015 $2,122 $34,200 $8,700 $25,500
2014 $2,119 $34,200 $8,700 $25,500
2013 $2,107 $34,200 $8,700 $25,500
Source: Public Records

Agents Affiliated with this Home

  • Lisa Scheer

    Seller's Agent in 2018

    Lisa Scheer

    Howard Hanna

    (440) 670-6024

    2 in this area

    119 Total Sales

    Lisa Scheer
    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Natalie Rich

    Deleted Agent

  • Pam Hakaim

    Buyer's Agent in 2018

    Pam Hakaim

    RE/MAX

    (440) 935-4294

    57 in this area

    100 Total Sales

    Pam Hakaim
    Section Image
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Map

Source: MLS Now

MLS Number: 3984586

MLS Now

APN: 03-00-049-103-001

Ohio Lorain County Lorain 44052

2306 E Erie Ave, Lorain, OH

This home is located at 2306 E Erie Ave, Lorain, OH 44052 since 10 April 2018 and is currently estimated at $225,095, approximately $139 per square foot. This property was built in 1949. 2306 E Erie Ave is a home located in Lorain County with nearby schools including Larkmoor Elementary School, Longfellow 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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