$70,000
SOLD JUN 9, 2020

2551 E 42nd St Lorain, OH 44055

3 Beds
1 Bath
864 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

12% Below List Price

198 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 Homewood area Ranch offers many updates. The entire interior was painted in neutral tones. (2019). The lovely kitchen w/ tile floors and neutral colors (2017) walks out to the rear yard where the patio was completed in 2016. The interior offers 3 bedrooms all with neutral tone carpeting, an updated bath (2016). The newer windows (2012), furnace and central air (2018), HWT (2014) and roof (2009) mean this home is MOVE IN READY!. The privacy fenced rear yard with the fence being professionally installed (2013) offers a huge outbuilding with electric and 220! The carport is covered on 3 sides and offers electric as well.

Last Agent to Sell the Property

Lori Elswick

Berkshire Hathaway HomeServices Lucien Realty License #2017000372 Listed on: 10/16/2019

Berkshire Hathaway HomeServices Lucien Realty

Last Buyer's Agent

Kimberley Guelker

Berkshire Hathaway HomeServices Lucien Realty License #386496

Berkshire Hathaway HomeServices Lucien Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Privacy Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 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

$1,083

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 81.02
  • Estimated Price per Sq Ft: 81.02
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 864
  • Year Built: 1955
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 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
  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 55x120
  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 03-00-079-111-017

Tax Info

  • Tax: 1083

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
$138,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,819
Avg. Annual Appreciation
7.90%
Original Mortgage
$2,250
Outstanding Balance
$2,064
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$122,529

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:

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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 Type Sale Price Title Company
Warranty Deed $90,000 Guardian Title
Warranty Deed $70,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,250 New Conventional
Open $88,369 FHA
Previous Owner $68,732 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    114 in this area

    309 Total Sales

    Kimberley Guelker
    Section Image
  • Teresa Kaurich

    Buyer's Agent in 2021

    Teresa Kaurich

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 258-4678

    28 in this area

    63 Total Sales

    Teresa Kaurich
    Section Image
  • Lori Elswick

    Seller's Agent in 2020

    Lori Elswick

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 396-5431

    15 in this area

    100 Total Sales

    Lori Elswick
    Section Image
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Map

Source: MLS Now

MLS Number: 4143068

MLS Now

APN: 03-00-079-111-017

Ohio Lorain County Lorain 44055

2551 E 42nd St, Lorain, OH

This home is located at 2551 E 42nd St, Lorain, OH 44055 and is currently priced at $70,000, approximately $81 per square foot. This property was built in 1955. 2551 E 42nd St is a home located in Lorain County with nearby schools including Helen Steiner Rice Elementary School, Southview 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.

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