NOT LISTED FOR SALE

2515 E Erie Ave Lorain, OH 44052

Estimated Value: $271,000 - $497,283

3 Beds
2 Baths
1,504 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $435,000 $289 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,656/month

15 Days on Market

Highlights

  • Lake Front
  • Deck
  • Forced Air Heating and Cooling System
  • Community Lake
  • 2 Car Attached Garage
  • South Facing Home

About This Home

As of October 2022

The lake is calling your name! Remarkable opportunity at this pricepoint. One floor living at its best here. Come see this ranch style home with vaulted ceilings and an open concept floor plan. Thoughtfully built and designed in 2017, this lakefront dwelling has 3 ample sized bedrooms on the south side of the home and kitchen, dining and living facing the lake views. Enjoy evening western sunsets or watch an electric storm roll in from the north facing wall of windows. Theres nothing like lakefront living. Stroll out to the large rear patio to take it all in or meander down the steel staircase to the newly built break wall where you can jump in for a swim, launch a kayak or just sit and relax while the sound of lapping waves eases your soul. Call to view this today.

Last Agent to Sell the Property

Brent Burke

RE/MAX Crossroads Properties License #2013002938 Listed on: 08/25/2022

RE/MAX Crossroads Properties

Last Buyer's Agent

Tom O'Dougherty

Howard Hanna License #380997

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,709

Year Built

  • Built in 2017

Lot Details

  • 10,454 Sq Ft Lot
  • Lake Front
  • South Facing Home
  • Privacy Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 03-00-048-101-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,709

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 289.23
  • Estimated Price per Sq Ft: 289.23
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1504
  • Year Built: 2017
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2017

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 5
  • Basement Detail: Slab
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1504.00
  • Sq Ft Approx Total Finished: 1504.00

Exterior Features

  • View: Lake Erie
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Fences: Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Heated
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Lake

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Description: Lake Front
  • Lot Size Units: Acres
  • Acres: 0.2400
  • Parcel Number: 03-00-048-101-020
  • LandLeaseYN: No

Tax Info

  • Tax: 4709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 13, 2022
Sold by
Ferenzi Christopher A
Bought by
Sullivan Michael L and Sullivan Margaret A
Seller's Agent
Brent Burke
RE/MAX Crossroads Properties
Buyer's Agent
Tom O'Dougherty
Howard Hanna
List Price
$459,999
Sold Price
$435,000
Premium/Discount to List
-$24,999
-5.43%
Views
56
Current Estimated Value
$423,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,679
Avg. Annual Appreciation
-0.89%
Original Mortgage
$260,000
Outstanding Balance
$247,199
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$176,122

Purchase Details

Closed on
Aug 6, 2015
Sold by
Kalouria Jasbir S and Kalouria Tonia V
Bought by
Ferenzi Christopher A
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
Sullivan Michael L $435,000 Cleveland Home Title
Ferenzi Christopher A $67,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Michael L $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $435,000 -5.4% $289 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $459,999 -- $306 / 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 $5,227 $126,760 $56,662 $70,098
2023 $4,854 $94,238 $40,709 $53,529
2022 $4,709 $92,236 $38,707 $53,529
2021 $4,709 $92,236 $38,707 $53,529
2020 $4,536 $77,180 $32,390 $44,790
2019 $4,510 $77,180 $32,390 $44,790
2018 $4,740 $79,000 $32,390 $46,610
2017 $1,691 $26,570 $26,320 $250
2016 $1,677 $26,570 $26,320 $250
2015 $1,585 $26,570 $26,320 $250
2014 -- $23,830 $23,610 $220
2013 $1,408 $23,830 $23,610 $220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4403543

MLS Now

APN: 03-00-048-101-020