NOT LISTED FOR SALE

2545 E 37th St Lorain, OH 44055

Estimated Value: $133,000 - $162,000

3 Beds
1 Bath
1,113 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $99,000 $89 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $942/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • 3-minute walk to Homewood Park
  • 1 Car Detached Garage

About This Home

As of July 2021

Great investment opportunity! Great first home! Great for empty nesters! Great for anyone! This home has been
updated, has new carpet, and has been freshly painted. Walk through the front doors and feel the coziness of the
home, beautiful woodwork in the upstairs bedroom. The two other bedrooms on first floor have new carpet and have
been painted with neutral colors. The home has full basement waiting for your touch with endless possibilities.
Spacious fenced in backyard with enough room for a pool or trampoline for your kids, enough room for your furry
babies to play outside.

Last Agent to Sell the Property

Dina Hernandez

Russell Real Estate Services License #2014001506 Listed on: 04/29/2021

Russell Real Estate Services

Co-Listed By

Steven Lawson

Russell Real Estate Services License #2020000096

Russell Real Estate Services

Last Buyer's Agent

Steven Lawson

Russell Real Estate Services License #2020000096

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 1947

Lot Details

  • 7,405

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Homewood Add Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-080-102-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,255

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Year Built Exception: Actual YBT
  • Year Built: 1947
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 5
  • Laundry Lower: 1
  • Laundry: 1

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • 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: Homewood Add

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-080-102-021

Tax Info

  • Tax: 1255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jul 9, 2021
Sold by
Nimer Abdalla A
Bought by
Rivera Hector and Rivera Neida Esther
Seller's Agent
Dina Hernandez
Russell Real Estate Services
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$105,000
Sold Price
$99,000
Premium/Discount to List
-$6,000
-5.71%
Current Estimated Value
$142,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,287
Avg. Annual Appreciation
10.25%
Original Mortgage
$96,030
Outstanding Balance
$87,884
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$57,531

Purchase Details

Closed on
Aug 2, 2006
Sold by
Nimer Abdalla A and Fobes Cathy
Bought by
Nimer Abdalla A and Fobes Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,575
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Nimer Abdalla A and Fobes Cathy J
Bought by
Nimer Abdalla A and Fobes Cathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,400
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2005
Sold by
Alnimer Nejad
Bought by
Alnimer Abdalla and Alnimer Cathy Faber

Purchase Details

Closed on
Nov 24, 2004
Sold by
Hud
Bought by
Alnimer Nejad

Purchase Details

Closed on
Jun 29, 2004
Sold by
Ortiz Caroline
Bought by
Hud

Purchase Details

Closed on
Jun 30, 2000
Sold by
James Abel and James A
Bought by
Ortiz Caroline and Ortiz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
8.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2000
Sold by
Alex Abel and Abel Elizabeth
Bought by
Ortiz Caroline and Ortiz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
8.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2000
Sold by
Walters Marlene
Bought by
Ortiz Caroline and Ortiz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
8.66%
Mortgage Type
FHA
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
Rivera Hector $99,000 Newman
Nimer Abdalla A -- Elyria Land Title
Nimer Abdalla A -- --
Alnimer Abdalla $70,400 --
Alnimer Nejad $57,600 Lakeside Title & Escrow Agen
Hud $44,000 --
Ortiz Caroline $77,900 Insignia Title Agency Ltd
Ortiz Caroline -- Insignia Title
Ortiz Caroline -- Insignia Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Hector $96,030
Previous Owner Nimer Abdalla A $88,000
Previous Owner Nimer Abdalla A $352,575
Previous Owner Nimer Abdalla A $132,400
Previous Owner Ortiz Caroline $81,352
Previous Owner Ortiz Caroline $77,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $99,000 -5.7% $89 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $105,000 -- $94 / 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 $1,787 $43,309 $10,878 $32,431
2023 $1,360 $26,380 $6,517 $19,863
2022 $1,321 $26,380 $6,517 $19,863
2021 $1,353 $25,841 $6,517 $19,324
2020 $1,255 $20,810 $5,250 $15,560
2019 $1,248 $20,810 $5,250 $15,560
2018 $1,248 $20,810 $5,250 $15,560
2017 $1,328 $20,870 $6,090 $14,780
2016 $1,318 $20,870 $6,090 $14,780
2015 $1,245 $20,870 $6,090 $14,780
2014 $1,249 $19,980 $5,830 $14,150
2013 $1,180 $19,980 $5,830 $14,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4274745

MLS Now

APN: 03-00-080-102-021