NOT LISTED FOR SALE

2501 E 37th St Lorain, OH 44055

Estimated Value: $136,000 - $157,000

3 Beds
2 Baths
1,090 Sq Ft
$136/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $105,000 $96 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $842/month

3 Days on Market

Highlights

  • City View
  • Porch
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • Bungalow
  • 4-minute walk to Homewood Park

About This Home

As of October 2021

Say hello to this gem! Tucked away on the far end of E. 37th St on the south side, this 3 bdrm bungalow is everything you want in a turn key home that's under $100,000. The front door is for strangers, so let's start on the side door, where ceramic floors welcome guests into the eat-in kitchen with newer stainless steel appliances. Hardwood floors take guests into the spacious living room. Two bedrooms share the 1st floor for buyers who don't love stairs, and the first floor bathroom has been completely remodeled with a ceramic shower and floors. The 2nd floor bedroom, possibly the master suit has brand new carpet coming Saturday, September 18th and wall to wall built in drawers, closets, and storage. If you like clothes, this is the space for you! The basement has been waterproofed with a sump pump, so forget that this house sits on a bit of a "hill," if a disaster were to occur, this space is safe for your finishing touches! Imagine if you will, a movie room, game room, or additional family living space! The basement also has a bathroom that shares the space with the washer and dryer, so if you happen to be spending a lot of time down there, you wont have to keep running up the steps to use the restroom. I haven't even told you about the back yard yet! This huge backyard is fully fenced in but backs up to the ol' creek and unbuildable city owned land. A must see! Inquire today while this one is still on the market!

Last Agent to Sell the Property

Nikki Harsa

Russell Real Estate Services License #2005014597 Listed on: 09/11/2021

Russell Real Estate Services

Last Buyer's Agent

Heather Hill

Deleted Agent License #2015004366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1947

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • South Facing Home
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,090 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-080-102-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,861

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • House Faces: South
  • Price Per Square Foot: 96.33
  • Estimated Price per Sq Ft: 96.33
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1090
  • Year Built: 1947
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1947

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1090.00
  • Sq Ft Approx Total Finished: 1090.00

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Exterior Features: Porch
  • Fences: Full, Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Electric
  • 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

Lot Info

  • Lot Dimensions: 50 X 150
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-080-102-015

Tax Info

  • Tax: 1861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Oct 19, 2021
Sold by
Ramos Madelyn
Bought by
Cox Dana and Cox Susan
Seller's Agent
Nikki Harsa
Russell Real Estate Services
Buyer's Agent
Heather Hill
Deleted Agent
List Price
$98,000
Sold Price
$105,000
Premium/Discount to List
$7,000
7.14%
Current Estimated Value
$148,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,615
Avg. Annual Appreciation
8.64%
Original Mortgage
$105,000
Outstanding Balance
$95,750
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$52,865

Purchase Details

Listed on
Aug 23, 2016
Closed on
Nov 16, 2016
Sold by
Dolyk Michael A and Dolyk Marica
Bought by
Ramos Madelyn
Seller's Agent
Nora Sternquist
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Nikki Harsa
Russell Real Estate Services
List Price
$62,500
Sold Price
$56,800
Premium/Discount to List
-$5,700
-9.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.45%
Original Mortgage
$55,771
Interest Rate
3.62%
Mortgage Type
FHA
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
Cox Dana $105,000 None Available
Ramos Madelyn $56,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Dana $105,000
Previous Owner Ramos Madelyn $55,771
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2021 10/19/21 Sold $105,000 +7.1% $96 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $98,000 +72.5% $90 / Sq Ft
12/07/2016 12/07/16 Sold $56,800 -9.1% $39 / Sq Ft View Prior Sale
10/24/2016 10/24/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $62,500 -- $43 / 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 $760 $38,021 $10,878 $27,143
2023 $297 $24,073 $6,517 $17,556
2022 $336 $24,073 $6,517 $17,556
2021 $1,229 $24,073 $6,517 $17,556
2020 $1,140 $19,390 $5,250 $14,140
2019 $1,133 $19,390 $5,250 $14,140
2018 $1,134 $19,390 $5,250 $14,140
2017 $1,209 $19,490 $6,090 $13,400
2016 $1,199 $19,490 $6,090 $13,400
2015 $1,131 $19,490 $6,090 $13,400
2014 $1,079 $18,650 $5,830 $12,820
2013 $1,071 $18,650 $5,830 $12,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4316124

MLS Now

APN: 03-00-080-102-015