NOT LISTED FOR SALE

240 Root Rd Lorain, OH 44052

Estimated Value: $153,000 - $171,000

3 Beds
1 Bath
1,122 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $97,400 $87 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,018/month

1 Day on Market

Highlights

  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Patio
  • East Facing Home
  • 1-Story Property

About This Home

As of August 2020

Location, location!! Welcome to this beautifully maintained and move in ready ranch where you can enjoy lake views from your own front yard! Spacious living room with dining area and sun room to sit and enjoy. Hardwood floors in all 3 bedrooms and a generous sized patio in the backyard that overlooks the quiet field of grass and trees beyond the home. Waterproofed basement with transferable warranty and newly insulated! New flooring throughout, all appliances included and a home warranty completes this very well cared for home on the desirable East side of Lorain. Schedule your showing today!

Last Agent to Sell the Property

Bob Szarek

Howard Hanna License #164073 Listed on: 06/15/2020

Howard Hanna

Co-Listed By

Emily Dagy

Howard Hanna License #2006005287

Last Buyer's Agent

Penny Schaefer

Howard Hanna License #2009004517

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • East Facing Home
  • Partially Fenced Property
  • Privacy Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,122 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-046-103-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,146

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: East
  • Price Per Square Foot: 86.81
  • Estimated Price per Sq Ft: 86.81
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1122
  • Year Built: 1963
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1122.00
  • Sq Ft Approx Total Finished: 1122.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio
  • Fences: Partial, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Door Opener
  • Garage Num Of Cars: 1

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-046-103-032

Tax Info

  • Tax: 1146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 14, 2020
Sold by
Kramer Anne and Knowles Anne
Bought by
Medina Nalani L
Seller's Agent
Bob Szarek
Howard Hanna
Buyer's Agent
Penny Schaefer
Howard Hanna
List Price
$92,900
Sold Price
$97,400
Premium/Discount to List
$4,500
4.84%
Current Estimated Value
$161,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,041
Avg. Annual Appreciation
8.36%
Original Mortgage
$95,635
Outstanding Balance
$85,742
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$60,265

Purchase Details

Closed on
Apr 10, 2001
Sold by
Watling Herbert
Bought by
Knowles Anne
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
Medina Nalani L $97,400 Miller Home Title
Knowles Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Nalani L $95,635
Previous Owner Knowles Anne $91,200
Previous Owner Knowles Anne F $52,000
Previous Owner Knowles Anne F $12,800
Previous Owner Knowles Anne $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $97,400 +4.8% $87 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $92,900 -- $83 / 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 $1,734 $42,049 $7,875 $34,174
2023 $1,219 $23,657 $6,241 $17,416
2022 $1,208 $23,657 $6,241 $17,416
2021 $1,208 $23,657 $6,241 $17,416
2020 $1,152 $19,110 $5,040 $14,070
2019 $1,146 $19,110 $5,040 $14,070
2018 $1,147 $19,110 $5,040 $14,070
2017 $1,348 $21,180 $4,380 $16,800
2016 $1,337 $21,180 $4,380 $16,800
2015 $1,263 $21,180 $4,380 $16,800
2014 $1,261 $21,180 $4,380 $16,800
2013 $1,251 $21,180 $4,380 $16,800
Source: Public Records

Agents Affiliated with this Home

  • Bob Szarek

    Seller's Agent in 2020

    Bob Szarek

    Howard Hanna

    (440) 503-4740

    14 in this area

    189 Total Sales

    Bob Szarek
    Section Image
  • Emily Dagy

    Seller Co-Listing Agent in 2020

    Emily Dagy

    Howard Hanna

    (440) 556-3128

    8 in this area

    20 Total Sales

    Emily Dagy
    Section Image

  • P

    Buyer's Agent in 2020

    Penny Schaefer

    Howard Hanna

    (440) 934-0966

    31 Total Sales

    Penny Schaefer
    Section Image
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Map

Source: MLS Now

MLS Number: 4197141

MLS Now

APN: 03-00-046-103-032

Ohio Lorain County Lorain 44052

240 Root Rd, Lorain, OH

This home is located at 240 Root Rd, Lorain, OH 44052 since 15 June 2020 and is currently estimated at $161,441, approximately $143 per square foot. This property was built in 1963. 240 Root Rd 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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