NOT LISTED FOR SALE

261 Colgate Ave Elyria, OH 44035

Estimated Value: $223,765 - $245,000

3 Beds
1.5 Baths
1,272 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $190,000 $149 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,472/month

16 Days on Market

Highlights

  • Medical Services
  • Colonial Architecture
  • 1 Fireplace
  • View of Trees or Woods
  • Wooded Lot
  • Community Pool

About This Home

As of August 2021

Fantastic Opportunity to own a Colonial in Elyria’s University Heights. 3 bed 1.5 bath with an additional
shower in the basement. Wonderfully maintained and updated, with nice sized eat in kitchen and formal
dining room. Bamboo floors and newer carpet on first floor, stairs and upstairs hall, with beautiful oak in

two of the bedrooms. Large fenced in back yard features a covered patio and quality 8’x8’ shed. All big-
ticket mechanicals are taken care of. Water heater installed 2020, A/C 2016, and high eff furnace 2011.

Roof and whole house insulation 2011. Easy walk-up attic access with convenient storage. There is even
a second water meter for all your outdoor watering needs in which you do not pay sewer charges. In addition
to all appliances staying, lawn equipment, outdoor furniture/grill, basement big screen/tv stand and couch,
and garage audio and cabinets will transfer.

Last Agent to Sell the Property

Sue Sasseville

EXP Realty, LLC. License #2002019045 Listed on: 06/30/2021

EXP Realty, LLC.

Co-Listed By

Jeffrey Strauch

Keller Williams Citywide License #2019003662

Last Buyer's Agent

Ken Keiffer

Northern Ohio Realty License #311666

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1960

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 60x120
  • North Facing Home
  • Property is Fully Fenced
  • Chain Link Fence
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,272 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Views of Woods
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06-25-003-102-009

Community Details

Overview

  • University Heights Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,350

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 149.37
  • Estimated Price per Sq Ft: 149.37
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1272
  • Year Built: 1960
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full, Partially Finished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1272.00
  • Sq Ft Approx Total Finished: 1272.00

Exterior Features

  • View: Wooded
  • Exterior: Vinyl
  • Exterior Features: Patio, Porch
  • Fences: Chain Link, Full
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Gas, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Medical Service, Park, Playground, Pool, Shopping/Mall, Tennis Courts

Condo/Co-op/Association

  • Subdivision Complex: University Heights

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 60x120
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.1650
  • Parcel Number: 06-25-003-102-009

Tax Info

  • Tax: 2350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 30, 2021
Sold by
Thomas Kathleen and Sauvey Kathleen
Bought by
Crum Michael D
Seller's Agent
Sue Sasseville
EXP Realty, LLC.
Buyer's Agent
Ken Keiffer
Northern Ohio Realty
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%
Current Estimated Value
$237,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,441
Avg. Annual Appreciation
5.28%
Original Mortgage
$180,500
Outstanding Balance
$163,996
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$73,445

Purchase Details

Closed on
May 24, 2010
Sold by
Grabowski Andrea and Grabowski Jesse
Bought by
Sauvey Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Runser Randy K and Runser Amy E
Bought by
Grabowski Jesse and Grabowski Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2000
Sold by
Smola James S and Smola Kimberly A
Bought by
Runser Randy K and Bonsor Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,625
Interest Rate
8.31%
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
Crum Michael D $190,000 None Available
Sauvey Kathleen $113,000 Newman Title
Grabowski Jesse $149,500 Lorain County Title Co Inc
Runser Randy K $135,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crum Michael D $180,500
Previous Owner Sauvey Kathleen $90,400
Previous Owner Grabowski Jesse $114,000
Previous Owner Runser Randy K $112,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $190,000 -5.0% $149 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $199,900 -11.2% $157 / Sq Ft
07/09/2021 07/09/21 For Sale $225,000 -- $177 / 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 $2,732 $57,733 $10,920 $46,813
2023 $2,438 $44,734 $9,524 $35,210
2022 $2,429 $44,734 $9,524 $35,210
2021 $2,459 $44,734 $9,524 $35,210
2020 $2,350 $37,870 $8,060 $29,810
2019 $2,335 $37,870 $8,060 $29,810
2018 $2,340 $37,870 $8,060 $29,810
2017 $2,312 $36,380 $8,190 $28,190
2016 $2,282 $36,380 $8,190 $28,190
2015 $2,137 $36,380 $8,190 $28,190
2014 $2,111 $36,380 $8,190 $28,190
2013 $2,091 $36,380 $8,190 $28,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4294834

MLS Now

APN: 06-25-003-102-009