NOT LISTED FOR SALE

250 Gates Ave Elyria, OH 44035

Estimated Value: $86,000 - $114,000

4 Beds
1 Bath
1,280 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $82,000 $64 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $612/month

6 Days on Market

Highlights

  • City View
  • 1 Car Detached Garage
  • North Facing Home
  • Colonial Architecture
  • Forced Air Heating System

About This Home

As of October 2022

Freshly redone 4 bedroom Elyria colonial on a one way street. New carpet throughout all 4 bedrooms, dining room, living room & stairs. New vinyl plank in the kitchen and bathroom. The whole house has been neutrally painted. The furnace is only a few years old! There is a small fenced back yard and a one car garage. Ready to move in!

Last Agent to Sell the Property

Michael Hignett

Northern Ohio Realty License #2014000042 Listed on: 09/14/2022

Last Buyer's Agent

Jake Lohser

Keller Williams Greater Metropolitan License #2005006497

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41x89
  • North Facing Home
  • Unpaved Streets

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • City Views
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • N B Gates Addition Community

Listing and Financial Details

  • Assessor Parcel Number 06-26-019-102-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,005

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 64.06
  • Estimated Price per Sq Ft: 64.06
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 1280
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range
  • Total Bedrooms: 4
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1280.00
  • Sq Ft Approx Total Finished: 1280.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: N B Gates Addition

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 41x89
  • Lot Size Units: Acres
  • Acres: 0.0800
  • Parcel Number: 06-26-019-102-003
  • LandLeaseYN: No

Tax Info

  • Tax: 1005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 10, 2022
Sold by
C K Property Holdings Llc
Bought by
Reiman Jonathan C
Seller's Agent
Michael Hignett
Northern Ohio Realty
Buyer's Agent
Jake Lohser
Keller Williams Greater Metropolitan
List Price
$80,000
Sold Price
$82,000
Premium/Discount to List
$2,000
2.5%
Current Estimated Value
$97,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,298
Avg. Annual Appreciation
5.00%
Original Mortgage
$76,500
Outstanding Balance
$73,416
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$22,572

Purchase Details

Listed on
Mar 15, 2011
Closed on
Aug 9, 2012
Sold by
First Federal Savings & Loan Assn
Bought by
C K Property Holdings Llc
Seller's Agent
Keith Brosky
Deleted Agent
Buyer's Agent
Chad Schneider
Russell Real Estate Services
List Price
$39,900
Sold Price
$10,000
Premium/Discount to List
-$29,900
-74.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.99%

Purchase Details

Closed on
Aug 9, 2010
Sold by
T & K Matthews Properties Inc
Bought by
First Federal Savings & Loan Association

Purchase Details

Closed on
Feb 9, 2007
Sold by
Matthews Timothy and Matthews Kelly
Bought by
T & K Matthews Properties Inc

Purchase Details

Closed on
Mar 6, 2003
Sold by
Interbay Funding Llc
Bought by
Matthews Timothy B and Matthews Kelly C

Purchase Details

Closed on
Dec 4, 2001
Sold by
James Adams and Marie Emma
Bought by
Interbay Funding Llc

Purchase Details

Closed on
Jul 2, 1998
Sold by
Comer Margaret E
Bought by
Adams James and Adams Emma Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
11.29%

Purchase Details

Closed on
Nov 21, 1995
Sold by
Comer Augustus
Bought by
Comer Margaret E

Purchase Details

Closed on
Aug 31, 1995
Sold by
Nold James J
Bought by
Comer Augustus C and Comer Margaret A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reiman Jonathan C $82,000 --
C K Property Holdings Llc $10,000 Examco Title Services
First Federal Savings & Loan Association -- Attorney
T & K Matthews Properties Inc -- Elyria Land Title
Matthews Timothy B -- Fidelity Land Title Agency
Interbay Funding Llc $24,000 Lctc
Adams James $72,500 Heights Title Agency Inc
Comer Margaret E -- Heights Title Agency Inc
Comer Margaret E $33,155 --
Comer Augustus C $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiman Jonathan C $76,500
Previous Owner Adams James $58,000
Closed Comer Margaret E $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2022 10/11/22 Sold $82,000 +2.5% $64 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $80,000 +700.0% $63 / Sq Ft
08/13/2012 08/13/12 Sold $10,000 -74.9% $9 / Sq Ft View Prior Sale
07/20/2012 07/20/12 Pending -- -- --
03/15/2011 03/15/11 For Sale $39,900 -- $34 / 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 $1,220 $25,785 $4,995 $20,790
2023 $981 $18,015 $2,895 $15,120
2022 $1,002 $18,015 $2,895 $15,120
2021 $1,005 $18,015 $2,895 $15,120
2020 $1,035 $16,510 $2,650 $13,860
2019 $1,029 $16,510 $2,650 $13,860
2018 $1,000 $16,510 $2,650 $13,860
2017 $970 $14,890 $2,500 $12,390
2016 $958 $14,890 $2,500 $12,390
2015 $898 $14,890 $2,500 $12,390
2014 $888 $14,890 $2,500 $12,390
2013 $880 $14,890 $2,500 $12,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4408979

MLS Now

APN: 06-26-019-102-003