NOT LISTED FOR SALE

2502 E 38th St Lorain, OH 44055

Estimated Value: $137,000 - $162,158

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

Last Sold March 10, 2023

Last sale price $119,000 $109 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $922/month

37 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • 2-minute walk to Homewood Park
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Vinyl sided 3 bedroom home with many updates. Newer roof. Freshly painted. New LVT and ceramic tile throughout. The eat in kitchen features new stainless steel refrigerator, microhood and range. Furnace, A/C and hot water tank installed 2022. Basement has 2 new walls and waterproofing 2022. Detached oversized 1 car garage has an opener for convenience and there is a large gazebo in the backyard for all your upcoming outdoor entertaining.

Last Agent to Sell the Property

Teresa Kaurich

Berkshire Hathaway HomeServices Lucien Realty License #2014000404 Listed on: 01/11/2023

Berkshire Hathaway HomeServices Lucien Realty

Last Buyer's Agent

Artnetta Vines

Howard Hanna License #421461

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,107

Year Built

  • Built in 1949

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Homewood Add Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-080-109-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1949
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Laundry Lower: 1
  • Laundry: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Homewood Add

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1900
  • Parcel Number: 03-00-080-109-009
  • LandLeaseYN: No

Tax Info

  • Tax: 1107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 10, 2023
Sold by
Bcd Properties Inc
Bought by
Mckinley Patricia
Seller's Agent
Teresa Kaurich
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Artnetta Vines
Howard Hanna
List Price
$119,000
Sold Price
$119,000
Views
82
Current Estimated Value
$148,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,040
Avg. Annual Appreciation
8.26%
Original Mortgage
$116,844
Outstanding Balance
$113,176
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$34,864

Purchase Details

Closed on
Aug 31, 2022
Sold by
Petroskey Anna
Bought by
Bcd Properties Inc
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
Mckinley Patricia $119,000 Ohio Real Title
Bcd Properties Inc $16,800 Terra Blue Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinley Patricia $116,844
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $119,000 0.0% $109 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $119,000 0.0% $109 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $119,000 -- $109 / 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 $1,735 $42,063 $11,750 $30,314
2023 $1,145 $21,672 $7,035 $14,637
2022 $660 $21,672 $7,035 $14,637
2021 $660 $21,672 $7,035 $14,637
2020 $511 $17,450 $5,660 $11,790
2019 $508 $17,450 $5,660 $11,790
2018 $508 $17,450 $5,660 $11,790
2017 $598 $18,400 $7,230 $11,170
2016 $594 $18,400 $7,230 $11,170
2015 $560 $18,400 $7,230 $11,170
2014 $513 $17,610 $6,920 $10,690
2013 $509 $17,610 $6,920 $10,690
Source: Public Records

Agents Affiliated with this Home

  • Teresa Kaurich

    Seller's Agent in 2023

    Teresa Kaurich

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 258-4678

    26 in this area

    60 Total Sales

    Teresa Kaurich
    Section Image
  • Artnetta Vines

    Buyer's Agent in 2023

    Artnetta Vines

    Howard Hanna

    (440) 452-7580

    41 in this area

    186 Total Sales

    Artnetta Vines
    Section Image
  • Justin Vines

    Buyer Co-Listing Agent in 2023

    Justin Vines

    Howard Hanna

    (440) 453-6566

    34 in this area

    170 Total Sales

    Justin Vines
    Section Image
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Map

Source: MLS Now

MLS Number: 4431836

MLS Now

APN: 03-00-080-109-009

Ohio Lorain County Lorain 44055

2502 E 38th St, Lorain, OH

Not Listed for Sale

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