NOT LISTED FOR SALE

2722 E Erie Ave Lorain, OH 44052

Estimated Value: $172,000 - $191,000

3 Beds
2 Baths
1,191 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $78,500 $66 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,082/month

47 Days on Market

Highlights

  • Lake View
  • 1 Fireplace
  • Bungalow
  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2016

Don't miss this exceptional opportunity. Great views of Lake Erie from this updated 3 bedroom two bath Bungalow...Hardwood floors...Many built-ins.....Finished basement with a full bath....Welcoming back deck with a retractable awning and pristine landscaping....two car garage and so much more. Why pay a huge premium to be on the Lake when you have views of the Lake from your new home at an affordable price. This is a FannieMae HomePath property....

Last Agent to Sell the Property

Gary Lustic

Russell Real Estate Services License #401538 Listed on: 06/29/2016

Russell Real Estate Services

Last Buyer's Agent

Carla King

Deleted Agent License #408902

Deleted Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49.8x150
  • North Facing Home
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,191 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Wallace Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-048-103-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$896

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • House Faces: North
  • Price Per Square Foot: 65.91
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1191
  • Year Built: 1930
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Appliances Equipment: Sump Pump
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full, Partially Finished
  • Living Area Sq Ft: 1191
  • Estimated Total Living Area: 1191
  • Estimated Sq Ft: 1191

Exterior Features

  • View: Lake Erie
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Wallace

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 49.8x150
  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 03-00-048-103-003

Tax Info

  • Tax: 896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Oct 13, 2016
Sold by
Fannie Mae
Bought by
Jakenta Laraine
Seller's Agent
Gary Lustic
Russell Real Estate Services
Buyer's Agent
Carla King
Deleted Agent
List Price
$78,500
Sold Price
$78,500
Current Estimated Value
$180,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,074
Avg. Annual Appreciation
9.65%
Original Mortgage
$62,800
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 1997
Sold by
Prudential Residential S
Bought by
Brewer Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,700
Interest Rate
8.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jakenta Laraine -- --
Brewer Allen $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jakenta Laraine $62,800
Previous Owner Brewer Allen $77,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $78,500 0.0% $66 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $78,500 -- $66 / 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 $1,617 $49,025 $8,750 $40,275
2023 $1,131 $31,126 $9,153 $21,973
2022 $1,142 $31,126 $9,153 $21,973
2021 $1,142 $31,126 $9,153 $21,973
2020 $963 $25,140 $7,390 $17,750
2019 $958 $25,140 $7,390 $17,750
2018 $1,249 $25,140 $7,390 $17,750
2017 $1,539 $24,190 $7,000 $17,190
2016 $950 $24,190 $7,000 $17,190
2015 $896 $24,190 $7,000 $17,190
2014 $894 $24,190 $7,000 $17,190
2013 $887 $24,190 $7,000 $17,190
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gary Lustic

    Russell Real Estate Services

    (440) 835-8300

    6 Total Sales

    Gary Lustic
    Section Image

  • C

    Buyer's Agent in 2016

    Carla King

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 3822701

MLS Now

APN: 03-00-048-103-003

Ohio Lorain County Lorain 44052

2722 E Erie Ave, Lorain, OH

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