NOT LISTED FOR SALE

2603 Fairless Dr Lorain, OH 44055

Estimated Value: $122,000 - $218,000

3 Beds
1.5 Baths
1,375 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 07, 2015

Last sale price $55,000 $40 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,052/month

56 Days on Market

Highlights

  • 2 Car Attached Garage
  • Baseboard Heating
  • 2-minute walk to Fairless Park
  • Central Air
  • 1-Story Property

About This Home

As of April 2015

Nicer 3 bedroom, 1 1/2 bath ranch home offering 1,375 s.f. of open living space with an oak kitchen, back patio, and 2 car attached garage. This home has maintenance free vinyl siding and windows, sky lights, and ceiling fans. REO Property, Sold AS-IS W/O Repair, Warranty or Seller Disclosure. The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to the availability or accuracy of information contained herein. Buyer or buyer's agent responsible for confirmation of information contained herein. Water activation not permitted, only air pressure test.

Last Agent to Sell the Property

Christopher Stevens

I Heart Real Estate, LLC. License #2007005976 Listed on: 12/10/2014

Last Buyer's Agent

Shannon Byrd

RE/MAX Crossroads Properties License #2009004519

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1996

Lot Details

  • 6,098

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot

Community Details

  • Homewood Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-077-104-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,309

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1996
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Slab

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Baseboard
  • Water/Sewer: Private Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Homewood

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 03-00-077-104-007

Tax Info

  • Tax: 1309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2014
Closed on
Mar 30, 2015
Sold by
Hsbc Mortgage Services Inc
Bought by
Vega Olga
Seller's Agent
Christopher Stevens
I Heart Real Estate, LLC.
Buyer's Agent
Shannon Byrd
RE/MAX Crossroads Properties
List Price
$47,500
Sold Price
$55,000
Premium/Discount to List
$7,500
15.79%
Current Estimated Value
$169,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,398
Avg. Annual Appreciation
10.97%
Original Mortgage
$52,250
Outstanding Balance
$20,777
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$143,157

Purchase Details

Closed on
Dec 8, 2014
Sold by
Smith Kenneth P
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Oct 15, 1996
Sold by
Marshall Larry
Bought by
Smith Kenneth P and Smith Stefanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
8.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vega Olga $55,299 None Available
Hsbc Mortgage Services Inc $40,000 None Available
Smith Kenneth P $89,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Olga $52,250
Previous Owner Smith Kenneth P $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2015 04/07/15 Sold $55,000 +15.8% $40 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $47,500 -- $35 / 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 $1,842 $44,671 $10,185 $34,486
2023 $1,868 $36,267 $6,101 $30,167
2022 $1,852 $36,267 $6,101 $30,167
2021 $1,852 $36,267 $6,101 $30,167
2020 $1,716 $29,200 $4,910 $24,290
2019 $1,706 $29,200 $4,910 $24,290
2018 $1,591 $29,200 $4,910 $24,290
2017 $1,476 $23,800 $6,570 $17,230
2016 $1,464 $23,800 $6,570 $17,230
2015 $1,381 $23,800 $6,570 $17,230
2014 -- $22,780 $6,290 $16,490
2013 $1,309 $22,780 $6,290 $16,490
Source: Public Records

Agents Affiliated with this Home

  • Christopher Stevens

    Seller's Agent in 2015

    Christopher Stevens

    I Heart Real Estate, LLC.

    (800) 259-7670

    61 Total Sales

    Christopher Stevens
    Section Image
  • Shannon Byrd

    Buyer's Agent in 2015

    Shannon Byrd

    RE/MAX

    (440) 823-0822

    17 in this area

    57 Total Sales

    Shannon Byrd
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3672376

MLS Now

APN: 03-00-077-104-007

Ohio Lorain County Lorain 44055

2603 Fairless Dr, Lorain, OH

This home is located at 2603 Fairless Dr, Lorain, OH 44055 since 10 December 2014 and is currently estimated at $169,398, approximately $123 per square foot. This property was built in 1996. 2603 Fairless Dr 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.

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.

Nearby Homes