NOT LISTED FOR SALE

2531 S Jefferson Blvd Lorain, OH 44052

Estimated Value: $134,000 - $177,813

3 Beds
1 Bath
2,218 Sq Ft
$71/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $140,300 $63 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $955/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace

About This Home

As of September 2023

Discover an exceptional opportunity to own a property in the thriving neighborhood of Lorain! This home offers an unfinished basement that is not only clean but also completely waterproofed, presenting the perfect canvas for your creative vision. Imagine transforming it into an epicenter of fun, such as a vibrant rec room or a cozy TV lounge.

As we move to the first floor, the living room takes center stage with its inviting fireplace, promising warmth and comfort during the colder months. Accompanying this charming living area are two well-appointed bedrooms, a bathroom for convenience, and an eat-in kitchen that invites you to indulge in culinary delights. The first floor caters to both relaxation and functionality, making it an ideal living space for families and individuals alike.

Venturing to the second floor, an expansive room awaits, brimming with possibilities that await your creative touch. This open space offers the perfect opportunity for a lavish owner's suite, complete with a luxurious en-suite bathroom and ample walk-in closet space. Alternatively, you could utilize this generous area as a versatile home office, an inspiring artist's studio, or a vibrant playroom for the little ones.

Don't miss out on this incredible opportunity! Schedule a showing today, as this property offers too many exciting possibilities to remain on the market for long.

Last Agent to Sell the Property

Mathew Chase

Keller Williams Greater Metropolitan License #2013002819 Listed on: 08/01/2023

Keller Williams Greater Metropolitan

Co-Listed By

Robert Hoover

Howard Hanna License #2019005485

Last Buyer's Agent

Mathew Chase

Keller Williams Greater Metropolitan License #2013002819 Listed on: 08/01/2023

Keller Williams Greater Metropolitan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Hoy Lo May Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-048-106-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Price Per Square Foot: 109.78
  • Estimated Price per Sq Ft: 109.78
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1278
  • Year Built: 1948
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1948

Interior Features

  • Appliances Equipment: Dryer, Garbage Disposal, Range, Refrigerator, Smoke Detector, Sump Pump, Wall Oven, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1278.00
  • Sq Ft Approx Below Grade Finished: 940.00
  • Sq Ft Approx Total Finished: 2218.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • 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: Hoy-Lo-May Allotment

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 03-00-048-106-016
  • LandLeaseYN: No

Tax Info

  • Tax: 973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 5, 2023
Sold by
Motolik Sharon K
Bought by
Milchen Linda J
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Mathew Chase
Keller Williams Greater Metropolitan
List Price
$129,900
Sold Price
$140,300
Premium/Discount to List
$10,400
8.01%
Views
32
Current Estimated Value
$157,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,153
Avg. Annual Appreciation
3.11%
Original Mortgage
$107,066
Outstanding Balance
$105,244
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$43,784
Source: Public Records

Range of Values:

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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
Milchen Linda J $140,300 Ohio Real Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milchen Linda J $107,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $140,300 +8.0% $63 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $129,900 -- $59 / 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 $1,158 $37,877 $7,088 $30,790
2023 $960 $27,811 $8,988 $18,823
2022 $973 $27,811 $8,988 $18,823
2021 $973 $27,811 $8,988 $18,823
2020 $806 $22,460 $7,260 $15,200
2019 $801 $22,460 $7,260 $15,200
2018 $802 $22,460 $7,260 $15,200
2017 $830 $22,140 $6,300 $15,840
2016 $824 $22,140 $6,300 $15,840
2015 $777 $22,140 $6,300 $15,840
2014 $775 $22,140 $6,300 $15,840
2013 $769 $22,140 $6,300 $15,840
Source: Public Records

Agents Affiliated with this Home

  • Mathew Chase

    Seller's Agent in 2023

    Mathew Chase

    Keller Williams Greater Metropolitan

    (440) 452-2000

    93 in this area

    780 Total Sales

    Mathew Chase
    Section Image
  • Robert Hoover

    Seller Co-Listing Agent in 2023

    Robert Hoover

    Howard Hanna

    (440) 263-1953

    2 in this area

    22 Total Sales

    Robert Hoover
    Section Image
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Map

Source: MLS Now

MLS Number: 4478459

MLS Now

APN: 03-00-048-106-016

Ohio Lorain County Lorain 44052

2531 S Jefferson Blvd, Lorain, OH

This home is located at 2531 S Jefferson Blvd, Lorain, OH 44052 since 01 August 2023 and is currently estimated at $157,453, approximately $70 per square foot. This property was built in 1948. 2531 S Jefferson Blvd is a home located in Lorain County with nearby schools including Larkmoor Elementary School, Longfellow Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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