NOT LISTED FOR SALE

248 Root Rd Lorain, OH 44052

Estimated Value: $166,000 - $184,000

3 Beds
1.5 Baths
1,980 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $84,000 $42 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,068/month

111 Days on Market

Highlights

  • Cape Cod Architecture
  • Patio
  • East Facing Home
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of March 2018

Looking for that perfect home with privacy and space? Here it is! This 3 bedroom, 1.5 bathroom Cape Cod has 1980 Sq. Feet. Great Curb appeal leads you up to the front entrance. Original hardwood floors are in great condition and can be found throughout almost the entire home. The first floor offers a spacious living room with wood floors under the carpet. Off of the living room, there is a dining room with southern windows allowing much natural light to come in. The eat-in kitchen has a breakfast bar and plenty of cabinet space. Both the main bedroom and full bathroom are located on the main level. Upstairs has the 2 more bedrooms and a half bathroom. The second level is all hardwood and several closets for your belongings! The basement is partially finished with a spacious recreation room. There is a workshop and a laundry room located in the basement as well. Enjoy this beautiful fall season on the back patio overlooking the backyard. There are no buildings or other structures directly behind this property! Schedule your private showing today!

Last Agent to Sell the Property

Christina Higgins

Howard Hanna License #2005010149 Listed on: 10/04/2017

Howard Hanna

Last Buyer's Agent

Asia Mendez

Deleted Agent License #2015001424

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1941

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • East Facing Home

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-046-103-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,318

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Cape Cod
  • House Faces: East
  • Price Per Square Foot: 70.00
  • Estimated Price per Sq Ft: 70.00
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1200
  • Year Built: 1941
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator, Sump Pump
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 11
  • Basement Detail: Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 1200.00
  • Sq Ft Approx Below Grade Finished: 780.00
  • Sq Ft Approx Total Finished: 1980.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio, Porch, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 50x150
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-046-103-034

Tax Info

  • Tax: 1318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Mar 1, 2018
Sold by
Arroyo Amy and Arroyo David
Bought by
Caldwell Harley and Calewell Alexis
Seller's Agent
Christina Higgins
Howard Hanna
Buyer's Agent
Asia Mendez
Deleted Agent
List Price
$99,900
Sold Price
$84,000
Premium/Discount to List
-$15,900
-15.92%
Current Estimated Value
$176,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,567
Avg. Annual Appreciation
9.94%
Original Mortgage
$70,560
Outstanding Balance
$59,969
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$116,598

Purchase Details

Closed on
Nov 8, 2004
Sold by
Schwarz Joseph A
Bought by
Arroyo David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Ann Breeds Raymond T and Griffiths Margar
Bought by
Schwarz Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,993
Interest Rate
6.79%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caldwell Harley $84,000 --
Arroyo David -- Great Lakes Title
Schwarz Joseph A $97,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Harley $70,560
Previous Owner Arroyo David $108,500
Previous Owner Schwarz Joseph A $95,993
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $84,000 -11.5% $42 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
10/28/2017 10/28/17 Price Changed $94,900 -5.0% $48 / Sq Ft
10/04/2017 10/04/17 For Sale $99,900 -- $50 / 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 $1,736 $42,098 $7,875 $34,223
2023 $1,724 $33,481 $6,864 $26,618
2022 $1,709 $33,481 $6,864 $26,618
2021 $1,709 $33,481 $6,864 $26,618
2020 $1,589 $27,040 $5,540 $21,500
2019 $1,580 $27,040 $5,540 $21,500
2018 $1,455 $27,040 $5,540 $21,500
2017 $1,329 $21,440 $4,380 $17,060
2016 $1,319 $21,440 $4,380 $17,060
2015 $1,244 $21,440 $4,380 $17,060
2014 $1,241 $21,440 $4,380 $17,060
2013 $1,232 $21,440 $4,380 $17,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3947811

MLS Now

APN: 03-00-046-103-034