NOT LISTED FOR SALE

2551 E 42nd St Lorain, OH 44055

Estimated Value: $125,000 - $147,000

3 Beds
1 Bath
864 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $90,000 $104 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $817/month

4 Days on Market

Highlights

  • Detached Garage
  • Privacy Fence
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Adorable 3 bdrm Ranch has a lot of updates. Neutral throughout. Kitchen has newer flooring 2019. Living room, hall and bedrooms 2020, new herringbone laminate bath 2016. Windows are newer as well 2012. Furnace and AC 2018, Roof 2009, Great backyard with privacy fence, patio and raised beds. Carport, shed with electric and 220 line. Tour today to call this home yours.

Last Agent to Sell the Property

Kimberley Guelker

Berkshire Hathaway HomeServices Lucien Realty License #386496 Listed on: 05/03/2021

Berkshire Hathaway HomeServices Lucien Realty

Last Buyer's Agent

Teresa Kaurich

Berkshire Hathaway HomeServices Lucien Realty License #2014000404

Berkshire Hathaway HomeServices Lucien Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Privacy Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Carport

Utilities

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

Community Details

  • Homewood Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-079-111-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,089

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 104.17
  • Estimated Price per Sq Ft: 104.17
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 864
  • Year Built: 1955
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Slab
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 864.00
  • Sq Ft Approx Total Finished: 864.00

Exterior Features

  • Exterior: Vinyl
  • Fences: Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 03-00-079-111-017

Tax Info

  • Tax: 1089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 17, 2021
Sold by
Santiago Ryan and Santiago Chelsi E
Bought by
Plaza Gabriel D
Seller's Agent
Kimberley Guelker
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Teresa Kaurich
Berkshire Hathaway HomeServices Lucien Realty
List Price
$84,900
Sold Price
$90,000
Premium/Discount to List
$5,100
6.01%
Current Estimated Value
$134,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,941
Avg. Annual Appreciation
9.48%
Original Mortgage
$2,250
Outstanding Balance
$2,038
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$132,903

Purchase Details

Listed on
Oct 16, 2019
Closed on
Jun 9, 2020
Sold by
Stevens Laura L and Waun David
Bought by
Santiago Ryan and Santiago Chelsi E
Seller's Agent
Lori Elswick
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Kimberley Guelker
Berkshire Hathaway HomeServices Lucien Realty
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.94%
Original Mortgage
$68,732
Interest Rate
3.2%
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
Plaza Gabriel D $90,000 Guardian Title
Santiago Ryan $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plaza Gabriel D $2,250
Open Plaza Gabriel D $88,369
Previous Owner Santiago Ryan $68,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $90,000 +6.0% $104 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $84,900 +21.3% $98 / Sq Ft
06/09/2020 06/09/20 Sold $70,000 +0.1% $81 / Sq Ft View Prior Sale
05/01/2020 05/01/20 Pending -- -- --
04/01/2020 04/01/20 Price Changed $69,900 -6.7% $81 / Sq Ft
11/25/2019 11/25/19 Price Changed $74,900 -6.3% $87 / Sq Ft
10/16/2019 10/16/19 For Sale $79,900 -- $92 / 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 $1,286 $31,168 $10,290 $20,878
2023 $1,185 $22,992 $6,776 $16,216
2022 $1,175 $22,992 $6,776 $16,216
2021 $1,175 $22,992 $6,776 $16,216
2020 $1,089 $18,520 $5,460 $13,060
2019 $1,083 $18,520 $5,460 $13,060
2018 $1,041 $18,520 $5,460 $13,060
2017 $998 $16,090 $6,640 $9,450
2016 $990 $16,090 $6,640 $9,450
2015 $934 $16,090 $6,640 $9,450
2014 $891 $15,390 $6,350 $9,040
2013 $884 $15,390 $6,350 $9,040
Source: Public Records

Agents Affiliated with this Home

  • Kimberley Guelker

    Seller's Agent in 2021

    Kimberley Guelker

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 346-0915

    105 in this area

    298 Total Sales

    Kimberley Guelker
    Section Image
  • Teresa Kaurich

    Buyer's Agent in 2021

    Teresa Kaurich

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 258-4678

    26 in this area

    60 Total Sales

    Teresa Kaurich
    Section Image
  • Lori Elswick

    Seller's Agent in 2020

    Lori Elswick

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 396-5431

    14 in this area

    102 Total Sales

    Lori Elswick
    Section Image
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Map

Source: MLS Now

MLS Number: 4275470

MLS Now

APN: 03-00-079-111-017

Ohio Lorain County Lorain 44055

2551 E 42nd St, Lorain, OH

Not Listed for Sale

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