NOT LISTED FOR SALE

257 Yale Ave Elyria, OH 44035

Estimated Value: $263,000 - $301,244

3 Beds
2.5 Baths
4,454 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $260,000 $58 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,815/month

100 Days on Market

Highlights

  • Views of Trees
  • Corner Lot
  • Porch
  • Deck
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2024

Welcome to 257 Yale Ave, Elyria, OH—a captivating residence Priced to Sell! This well-maintained ranch-style home, built in 1962, offers 3 bedrooms and 3 bathrooms on a spacious 0.25-acre corner lot. As you enter, a thoughtfully designed living room with a fireplace welcomes you, seamlessly flowing into an inviting eat-in kitchen and an elegant dining room. The master bedroom, along with two additional bedrooms, creates a comfortable and welcoming living space. Recent upgrades include new luxury vinyl flooring, a dishwasher, and fresh linoleum in the main-floor laundry room. Enhancing the property's appeal are a deck, a porch, a shed, and a partial wood fence. Situated within the Elyria City School District, residents benefit from access to an excellent education. With 2022 taxes totaling $2,867, this residence combines attractiveness with financial prudence. Located in the Yale Ave subdivision, the home provides convenient access to major thoroughfares, ensuring a pleasant and accessible living experience. Embrace the charm of the neighborhood and consider the vast potential of this property. The unfinished basement serves as a canvas for customization or provides ample storage space to cater to your unique needs. The expansive lot invites outdoor gatherings and opens doors to future expansion possibilities. Uncover the limitless potential and Schedule a showing today to explore the myriad features and visualize the next chapter of your life unfolding in this delightful home. Seize the opportunity to make 257 Yale Ave your own—a residence where comfort, style, and potential harmonize to create an exceptional living space. Don't let this chance pass by; step into this Beautiful Property and envision the unique lifestyle it offers! Explore the serenity of this home, where each detail is a testament to quality living, and make it your own. Create memories in a space that combines practicality with charm, offering the ideal canvas for your distinctive vision of a Home!

Last Agent to Sell the Property

Majdey Taye

RE/MAX Transitions Brokerage Email: majdey.taye@cbschmidtohio.com 440-454-2456 License #2024005848 Listed on: 11/17/2023

RE/MAX Transitions

Last Buyer's Agent

Marcella Musat

Russell Real Estate Services License #2016005733

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 88 x 125
  • North Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Views of Trees

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 06-25-004-108-010

Community Details

Overview

  • No Home Owners Association
  • Yale Ave Subdivision

Amenities

  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,867

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1962
  • Attribution Contact: majdey.taye@cbschmidtohio.com 440-454-2456
  • ResoLotFeatures: Corner Lot
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name: Yale Ave
  • Above Grade Finished Sq Ft: 2614.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Unfinished, Sump Pump
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1840.0
  • Fireplace Features: Wood Burning
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial, Wood
  • Acres: 0.25
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Direction Faces: North
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-25-004-108-010
  • LandLeaseYN: No
  • Lot Dimensions: 88 x 125
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 2867.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Mar 28, 2024
Sold by
Sanders Rasheen and Day Kayla
Bought by
Mcrae Phillip
Seller's Agent
Majdey Taye
RE/MAX Transitions
Buyer's Agent
Marcella Musat
Russell Real Estate Services
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Views
478
Current Estimated Value
$282,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,561
Avg. Annual Appreciation
5.05%
Original Mortgage
$238,095
Outstanding Balance
$232,636
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$49,925

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 13, 2021
Sold by
Vilevac Carol
Bought by
Sanders Rasheen and Day Kayla
Seller's Agent
Trista Tharp
Russell Real Estate Services
Buyer's Agent
Majdey Taye
RE/MAX Transitions
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$191,468
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2020
Sold by
Vilevac Carol and Polgar Irrevocable Trust
Bought by
Vilevac Carol

Purchase Details

Closed on
Apr 15, 2016
Sold by
Polgar John F and Polgar Marian J
Bought by
The Polgar Irrevocable Trust

Purchase Details

Closed on
Dec 12, 2005
Sold by
Weber Michael A and Herold Elizabeth P
Bought by
Polgar John F and Polgar Marian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
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
Mcrae Phillip $260,000 Chicago Title
Sanders Rasheen $195,000 Chicago Title
Vilevac Carol -- None Available
The Polgar Irrevocable Trust -- None Available
Polgar John F $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcrae Phillip $238,095
Previous Owner Sanders Rasheen $191,468
Previous Owner Polgar John F $143,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $260,000 0.0% $58 / Sq Ft
03/13/2024 03/13/24 Price Changed $260,000 -1.9% $58 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $265,000 -1.8% $59 / Sq Ft
02/10/2024 02/10/24 Price Changed $269,900 -1.9% $61 / Sq Ft
01/30/2024 01/30/24 Price Changed $275,000 -1.8% $62 / Sq Ft
01/25/2024 01/25/24 Price Changed $279,900 -1.8% $63 / Sq Ft
01/14/2024 01/14/24 Price Changed $285,000 -1.7% $64 / Sq Ft
01/04/2024 01/04/24 Price Changed $290,000 -1.7% $65 / Sq Ft
12/15/2023 12/15/23 Price Changed $295,000 -1.6% $66 / Sq Ft
11/17/2023 11/17/23 For Sale $299,900 +53.8% $67 / Sq Ft
10/14/2021 10/14/21 Sold $195,000 +2.9% $75 / Sq Ft View Prior Sale
07/28/2021 07/28/21 Pending -- -- --
07/21/2021 07/21/21 Price Changed $189,500 -4.8% $72 / Sq Ft
07/15/2021 07/15/21 For Sale $199,000 -- $76 / 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 $4,002 $84,553 $14,665 $69,888
2023 $2,861 $52,213 $12,789 $39,424
2022 $2,867 $52,213 $12,789 $39,424
2021 $2,866 $52,213 $12,789 $39,424
2020 $2,170 $44,210 $10,830 $33,380
2019 $2,156 $44,210 $10,830 $33,380
2018 $2,160 $44,210 $10,830 $33,380
2017 $2,141 $42,430 $11,000 $31,430
2016 $2,112 $42,430 $11,000 $31,430
2015 $1,979 $42,430 $11,000 $31,430
2014 $1,955 $42,430 $11,000 $31,430
2013 $1,936 $42,430 $11,000 $31,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4482285

MLS Now

APN: 06-25-004-108-010