NOT LISTED FOR SALE

2851 E Erie Ave Lorain, OH 44052

Estimated Value: $805,000 - $1,091,054

6 Beds
3.5 Baths
6,904 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $430,000 $62 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $6,088/month

1,243 Days on Market

Highlights

  • Lake Front
  • Colonial Architecture
  • 3 Fireplaces
  • 0.77 Acre Lot
  • Deck
  • 2 Car Detached Garage

About This Home

As of June 2019

Sit back relax and enjoy the sights, sounds and panoramic views of Lake Erie from this Lake Front Century home featuring over 6,000 sq. ft. of living spaces. 3 ½ baths, 3 fireplaces (2 gas and 1 wood burning), 2 sun rooms, a spacious basement and a third floor loft that is completely finished. This home is truly amazing in style, comfort and conveniences. The amenities include a large front porch, crown molding, wood floors, a marble living room fireplace, built in book cases, pocket doors to the large formal dining room with leaded windows which flows into a large open kitchen and great room with Kraft Maid cabinets, stainless steel appliances, tile flooring, walk–in pantry, 1/2 bath, and wet bar. There are three 9 foot Anderson French doors overlooking the view of Lake Erie and opening onto the large deck across the back of the house for morning coffee welcoming the sunrise or watching the gorgeous sunsets. The 27x16 lakefront deck with steps to the lake, boat hoist, pier, fire pit , storage shed and large back yard provide opportunities for large family fun. The bath room vanities, upstairs computer area, and morning kitchen are all Kraft Maid cabinets. The master suite has amazing views, a fireplace, private bath featuring a 48 inch shower, jetted garden tub, sunroom, and a 19x9 walk in closet with built in storage. Brick, sandstone and vinyl siding. Roof is 3 years old. 2 houses in one with the addition to the back of the house added onto 12 years ago.

Last Agent to Sell the Property

Russ Dickerhoff

Russell Real Estate Services License #249750 Listed on: 12/14/2015

Russell Real Estate Services

Last Buyer's Agent

Heather Srodek

Howard Hanna License #2018000764

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,111

Year Built

  • Built in 1900

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 129 x 261
  • Lake Front
  • South Facing Home
  • Property has an invisible fence for dogs

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 6,904 Sq Ft Home
  • 2.5-Story Property
  • 3 Fireplaces
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-048-101-014

Community Details

Overview

  • Sheffield Community

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,111

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: South
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.50
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: CO Detector, Cooktop, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Wall Oven, Refrigerator, Smoke Detector, Sump Pump, Washer
  • Fireplaces: 3
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Basement Detail: Full, Partially Finished
  • Living Area Sq Ft: 6904
  • Estimated Total Living Area: 6904
  • Estimated Sq Ft: 6904

Exterior Features

  • View: Lake Erie, Water View
  • Exterior: Brick, Stone, Vinyl
  • Exterior Features: Deck, Porch
  • Fences: Invisible Pet
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Heating Fuel: Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Playground

Condo/Co-op/Association

  • Subdivision Complex: Sheffield

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 129 x 261
  • Lot Description: Lake Erie Front, Lake Front, Waterfront
  • Lot Size Units: Acres
  • Acres: 0.7700
  • Parcel Number: 03-00-048-101-014

Tax Info

  • Tax: 10111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Jun 25, 2019
Sold by
Sommers Barbara E and Barbara E Sommers Trust
Bought by
Pavlus Mark W and Bailey Pavlus Jennifer
Seller's Agent
Russ Dickerhoff
Russell Real Estate Services
Buyer's Agent
Heather Srodek
Howard Hanna
List Price
$517,777
Sold Price
$430,000
Premium/Discount to List
-$87,777
-16.95%
Current Estimated Value
$930,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,351
Avg. Annual Appreciation
12.97%
Original Mortgage
$408,500
Outstanding Balance
$358,443
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$571,908
Source: Public Records

Range of Values:

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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
Pavlus Mark W $430,000 Miller Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavlus Mark W $408,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $430,000 0.0% $62 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/09/2019 05/09/19 Off Market $430,000 -- --
03/04/2019 03/04/19 Price Changed $475,000 -4.6% $69 / Sq Ft
01/15/2019 01/15/19 Price Changed $498,000 -3.8% $72 / Sq Ft
09/04/2018 09/04/18 Price Changed $517,777 0.0% $75 / Sq Ft
09/04/2018 09/04/18 For Sale $517,777 +20.4% $75 / Sq Ft
08/30/2018 08/30/18 Off Market $430,000 -- --
11/20/2017 11/20/17 Price Changed $534,777 -2.7% $77 / Sq Ft
06/23/2017 06/23/17 Price Changed $549,777 -4.3% $80 / Sq Ft
04/13/2017 04/13/17 Price Changed $574,777 -3.7% $83 / Sq Ft
11/15/2016 11/15/16 Price Changed $597,000 -8.1% $86 / Sq Ft
12/14/2015 12/14/15 For Sale $649,777 -- $94 / 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 $14,494 $351,456 $149,426 $202,031
2023 $12,136 $235,561 $101,616 $133,945
2022 $12,029 $235,561 $101,616 $133,945
2021 $12,029 $235,561 $101,616 $133,945
2020 $11,590 $197,120 $85,030 $112,090
2019 $11,820 $197,120 $85,030 $112,090
2018 $12,312 $197,120 $85,030 $112,090
2017 $12,141 $204,550 $77,530 $127,020
2016 $12,361 $204,550 $77,530 $127,020
2015 $11,360 $204,550 $77,530 $127,020
2014 $10,111 $183,450 $69,530 $113,920
2013 $10,034 $183,450 $69,530 $113,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3769837

MLS Now

APN: 03-00-048-101-014