NOT LISTED FOR SALE

238 Illinois Ave Lorain, OH 44052

Estimated Value: $44,000 - $131,000

3 Beds
1 Bath
1,528 Sq Ft
$44/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $45,000 $29 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $472/month

1 Day on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Bungalow

About This Home

As of April 2024

What a great opportunity to get your hands on a property less than 1 block from Lake Erie!! Nestled just off East Erie Ave and between 2 beaches, boat launches, minutes from shopping in all directions, and just down the street from Black River Landing, where festivals and concerts are held all Summer long! This 3 bedroom one bath, diamond in the rough is in a great location, be it for an investment property or your new home. Long-term tenant occupied on a month-to-month lease.

Last Agent to Sell the Property

Helen Soeder

LoFaso Real Estate Services Brokerage Email: 330-220-4780 sold@samlofaso.com License #2008002919 Listed on: 04/17/2024

Last Buyer's Agent

Lisa Paradise

Howard Hanna License #2022006786

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

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

Community Details

  • No Home Owners Association
  • C A Sturtevants Fairhome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-00-051-102-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$945

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: 330-220-4780 sold@samlofaso.com
  • Subdivision Name: C A Sturtevants Fairhome
  • Above Grade Finished Sq Ft: 912.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 616.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Asphalt, Fiberglass, Shingle
  • Acres: 0.11
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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: 02-00-051-102-029
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 945.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Apr 29, 2024
Sold by
216 Moore 4M Llc
Bought by
Paradise Robert and Paradise Lisa
Seller's Agent
Helen Soeder
LoFaso Real Estate Services
Buyer's Agent
Lisa Paradise
Howard Hanna
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%
Total Days on Market
1
Views
22
Current Estimated Value
$66,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,645
Avg. Annual Appreciation
43.85%

Purchase Details

Closed on
Aug 6, 2021
Sold by
Pate William and Pate Christine
Bought by
216 Moore 4M Llc

Purchase Details

Closed on
Jul 16, 2021
Sold by
Gongloff Jeremiah and Talarek Daniel J
Bought by
Pate William

Purchase Details

Closed on
Nov 8, 2007
Sold by
Ohio Mutual Ltd
Bought by
Gongloff Jeremiah

Purchase Details

Closed on
Oct 9, 2007
Sold by
Us Bank Na
Bought by
Ohio Mutual Ltd

Purchase Details

Closed on
Apr 19, 2007
Sold by
Clark Michael K and Clark Melanie A
Bought by
Us Bank Na and Mastr Asset Backed Securities Trust 2006

Purchase Details

Closed on
Oct 24, 2005
Sold by
Gongloff Harry L and Gongloff Heather Y
Bought by
Clark Michael K and Clark Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
9.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 28, 2002
Sold by
Thomas Delores B
Bought by
Gongloff Ii Harry L and Gongloff Heather Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,125
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 1999
Sold by
Gratz Richard L
Bought by
Gratz Cathy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,454
Interest Rate
7.69%
Mortgage Type
FHA
Source: Public Records

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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
Paradise Robert $45,000 Ohio First Land Title
216 Moore 4M Llc -- None Available
Pate William $19,000 None Available
Gongloff Jeremiah $21,500 None Available
Ohio Mutual Ltd $21,500 Prism Title & Closing Servic
Us Bank Na $28,000 None Available
Clark Michael K $82,000 --
Gongloff Ii Harry L $52,125 --
Gratz Cathy O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gongloff Jeremiah $38,000
Previous Owner Clark Michael K $68,000
Previous Owner Clark Michael K $17,000
Previous Owner Gongloff Ii Harry L $52,125
Previous Owner Gratz Cathy O $52,454
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $45,000 -25.0% $29 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $60,000 -- $39 / 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 $1,189 $28,130 $3,791 $24,339
2023 $945 $17,878 $4,508 $13,370
2022 $937 $17,878 $4,508 $13,370
2021 $936 $17,878 $4,508 $13,370
2020 $871 $14,440 $3,640 $10,800
2019 $866 $14,440 $3,640 $10,800
2018 $866 $14,440 $3,640 $10,800
2017 $873 $13,720 $3,160 $10,560
2016 $866 $13,720 $3,160 $10,560
2015 $818 $13,720 $3,160 $10,560
2014 $857 $13,720 $3,160 $10,560
2013 $810 $13,720 $3,160 $10,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5030833

MLS Now

APN: 02-00-051-102-029