NOT LISTED FOR SALE

2831 E Erie Ave Lorain, OH 44052

Lorain Area

Estimated Value: $675,000 - $1,002,000

5 Beds
5 Baths
4,435 Sq Ft
$177/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2016

Last sale price $389,000 $88 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,265 / mo

330 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • Enclosed Patio or Porch
  • 0.74 Acre Lot
  • 3 Fireplaces
  • 2 Car Attached Garage

About This Home

As of December 2016

Stately, all brick two story! Almost 3/4 of an acre and over 130' of Lake Erie water front right out your back door! Breakwall consists of stone boulders, steel pilings and footers anchored in bedrock! Most of the original attributes of home preserved! Original slate roof! Gorgeous hardwood flooring protected by carpeting for many years! Spacious living room with marble fireplace! Comfortable formal dining room! Eat-in kitchen with Amish cherry cabinets and ceramic tile floor! Nice family room with large picture window offers amazing views of the lake! Cozy library with additional fireplace! Second floor offers a huge master bedroom, four additional bedrooms and three full baths! Walk up attic includes a cedar closet! Finished basement with third fireplace and half bath! Beautiful yard with mature trees and soft slope to the lake with potential for access! The possibilities are endless! This is an unbelievable opportunity to be on Lake Erie in an incredible home for less than $110 a square foot!

Last Agent to Sell the Property

Krista Viola

HomeSmart Real Estate Momentum LLC License #2014002063 Listed on: 10/05/2015

HomeSmart Real Estate Momentum LLC

Last Buyer's Agent

Krista Viola

HomeSmart Real Estate Momentum LLC License #2014002063 Listed on: 10/05/2015

HomeSmart Real Estate Momentum LLC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,441

Year Built

  • Built in 1940

Lot Details

  • 32,234 Sq Ft Lot
  • Lot Dimensions are 133 x 282
  • Lake Front
  • South Facing Home

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 4,435 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 03-00-048-101-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,441

Year Built

Built in 1940

Lot Details

0.74 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: South
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1940
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Microwave, Wall Oven, Range, Refrigerator, Security System, Smoke Detector
  • Fireplaces: 3
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Half Bathrooms: 2
  • Room Count: 11
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 4435
  • Estimated Total Living Area: 4435

Exterior Features

  • View: Lake Erie
  • Exterior: Brick
  • Exterior Features: Enclosed Patio/Porch
  • Roof: Slate

Garage/Parking

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

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Wood, Radiant
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 133 x 282
  • Lot Description: Lake Erie Front, Lake Front, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.7400
  • Parcel Number: 03-00-048-101-022

Tax Info

  • Tax: 8441

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Nov 28, 2016
Sold by
Huggins Caryle M and Huggins Tyler
Bought by
Seller's Agent
Krista Viola
HomeSmart Real Estate Momentum LLC
Buyer's Agent
Krista Viola
HomeSmart Real Estate Momentum LLC
List Price
$400,000
Sold Price
$389,000
Premium/Discount to List
-$11,000
-2.75%
Current Estimated Value
$786,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,777
Avg. Annual Appreciation
7.48%
Original Mortgage
$350,100
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2013
Sold by
Estate Of Elizabeth I Mowery
Bought by
Mowery Neal C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lorain, OH

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$389,000 --
Mowery Neal C -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $332,000
Closed Giltner Jerome J $350,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/02/2016 12/02/16 Sold $389,000 -2.8% $88 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $400,000 -- $90 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,342 $282,380 $140,949 $141,432
2023 $8,345 $157,959 $84,707 $73,252
2022 $8,274 $157,959 $84,707 $73,252
2021 $8,273 $157,959 $84,707 $73,252
2020 $7,971 $132,190 $70,890 $61,300
2019 $7,927 $132,190 $70,890 $61,300
2018 $8,194 $132,190 $70,890 $61,300
2017 $8,659 $139,650 $61,860 $77,790
2016 $8,590 $139,650 $61,860 $77,790
2015 $8,441 $145,750 $61,860 $83,890
2014 $7,575 $139,620 $55,480 $84,140
2013 $7,517 $139,620 $55,480 $84,140
Source: Public Records

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Map

Source: MLS Now

MLS Number: 3753874

MLS Now

APN: 03-00-048-101-022

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