NOT LISTED FOR SALE

2720 Rita Dr Lorain, OH 44053

Estimated Value: $176,466 - $207,000

3 Beds
1.5 Baths
1,382 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $40,000 $29 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $1,176/month

83 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Baseboard Heating
  • Deck

About This Home

As of August 2015

Nice cape-style home in the west side of Lorain. Features include 3 bedrooms, 1.5 baths, fenced-in back yard and attached 2-car garage. Newer flooring in kitchen and dining area. Laundry/utility room. Spacious bedrooms upstairs. Convenient location, close to shops, schools and park! Needs some updating & TLC. All offers must be submitted with current pre-approval letter or proof of funds.

Last Agent to Sell the Property

Kenneth Myers

RE/MAX Above & Beyond License #389458 Listed on: 05/20/2015

RE/MAX Above & Beyond

Last Buyer's Agent

Mary Weidner

HomeSmart Real Estate Momentum LLC License #2010001433

HomeSmart Real Estate Momentum LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x138

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,382 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • Sandy Acres 02 Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-013-104-022

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 28.94
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1382
  • Year Built: 1977
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 5
  • Living Area Sq Ft: 1382
  • Estimated Total Living Area: 1382
  • Estimated Sq Ft: 1382

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Sandy Acres 02

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 70X138
  • Lot Size Units: Acres
  • Acres: 0.2200
  • Parcel Number: 02-02-013-104-022

Tax Info

  • Tax: 1807

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
Cm Reo Trust and Natixis Real Estate Capit Al Inc
Bought by
Power Systems Llc
Current Estimated Value
$195,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.03%

Purchase Details

Listed on
May 20, 2015
Closed on
Aug 17, 2015
Sold by
Natixis Real Estate Capital Inc
Bought by
Power Systems Llc
Seller's Agent
Kenneth Myers
RE/MAX Above & Beyond
Buyer's Agent
Mary Weidner
HomeSmart Real Estate Momentum LLC
List Price
$69,900
Sold Price
$40,000
Premium/Discount to List
-$29,900
-42.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%

Purchase Details

Closed on
May 15, 2015
Sold by
Watson Carl D
Bought by
Natixis Real Estate Holdings Llc and Cm Reo Trust

Purchase Details

Closed on
Oct 19, 2006
Sold by
Sittinger Mary Jean and Valenti John
Bought by
Watson Carl D and Watson Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,125
Interest Rate
8.95%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Power Systems Llc -- --
Power Systems Llc $40,000 Omega Title Agency Llc
Natixis Real Estate Holdings Llc $54,000 None Available
Watson Carl D $102,000 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Power Systems Llc --
Previous Owner Watson Carl D $102,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $40,000 -42.8% $29 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $69,900 -- $51 / 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 $1,871 $44,286 $13,549 $30,737
2023 $2,041 $38,647 $10,693 $27,955
2022 $2,024 $38,647 $10,693 $27,955
2021 $2,024 $38,647 $10,693 $27,955
2020 $1,907 $31,630 $8,750 $22,880
2019 $1,897 $31,630 $8,750 $22,880
2018 $1,394 $31,630 $8,750 $22,880
2017 $891 $14,000 $10,790 $3,210
2016 $884 $14,000 $10,790 $3,210
2015 $1,847 $31,840 $10,790 $21,050
2014 $1,807 $31,220 $10,580 $20,640
2013 $1,793 $31,220 $10,580 $20,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3712232

MLS Now

APN: 02-02-013-104-022