Seller's Agent in 2023
Sam LoFaso
LoFaso Real Estate Services
(440) 342-2945
12 in this area
358 Total Sales
2891 E Erie Ave Lorain, OH 44052
Estimated Value: $325,000 - $768,000
3
Beds
1.5
Baths
2,070
Sq Ft
$297/Sq Ft
Est. Value
Highlights
- Lake Front
- Colonial Architecture
- 2 Fireplaces
- 0.52 Acre Lot
- Community Lake
- Porch
About This Home
As of November 2023Nestled on a serene .5-acre lot, this picturesque waterfront retreat on Lake Erie offers an idyllic lifestyle. Boasting 3 bedrooms and 1.5 baths, the home invites you to experience lakeside living at its finest. The heart of the home is a beautifully updated kitchen, complete with modern appliances and ample counter space for culinary delights. Adjacent, the spacious living room features a cozy fireplace, perfect for chilly evenings. Entertainment enthusiasts will adore the media room, complete with theater seating for cinematic adventures. Meanwhile, the four-season room offers breathtaking panoramic views of the lake, a tranquil oasis for relaxation. Worries about power outages are a thing of the past with an oversized whole-home generator, ensuring uninterrupted comfort. The updated electric system, including a new service from the road, and the upgraded gas service capable of running the generator and pool heater, add to the convenience. For water enthusiasts, two free public boat ramps are nearby, granting easy access to world-class walleye fishing. The property also features a newly paved driveway for convenience, while a walk-up attic offers abundant storage space. With its unbeatable location on the shores of Lake Erie and a host of modern amenities, this home represents the epitome of comfortable, waterfront living. Come experience the tranquility and beauty of lakeside living in this charming 3-bedroom oasis.
Last Agent to Sell the Property
LoFaso Real Estate Services License #2001005546 Listed on: 10/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,689
Year Built
- Built in 1940
Lot Details
- 0.52 Acre Lot
- Lot Dimensions are 80 x 259
- Lake Front
- South Facing Home
- Sprinkler System
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 2,070 Sq Ft Home
- 2-Story Property
- Sound System
- 2 Fireplaces
- Lake Views
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Patio
- Shed
- Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 03-00-048-101-017
Community Details
Overview
- Sheffield Community
- Community Lake
Recreation
- Community Playground
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2023
Closed on
Oct 31, 2023
Sold by
Marsh Keith and Raizo Pinto
Bought by
Merritt Eunice
Seller's Agent
Sam LoFaso
LoFaso Real Estate Services
Buyer's Agent
Greg Erlanger
Keller Williams Citywide
List Price
$594,000
Sold Price
$616,000
Premium/Discount to List
$22,000
3.7%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,648
Avg. Annual Appreciation
-0.12%
Purchase Details
Listed on
Oct 15, 2019
Closed on
Jan 16, 2020
Sold by
Marsh Keith
Bought by
Marsh Keith and Serrano Raiza Pinto
Seller's Agent
Jenna Bowman
Howard Hanna
Buyer's Agent
Jenna Bowman
Howard Hanna
List Price
$460,000
Sold Price
$440,000
Premium/Discount to List
-$20,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$352,000
Interest Rate
6.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 27, 2017
Sold by
Stroh William E and Stroh Beth T
Bought by
Thomas Tonda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2001
Sold by
Behr Cecilia and Behr Cecelia
Bought by
Stroh William E and Stroh Beth T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.03%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merritt Eunice | $616,000 | None Listed On Document | |
| Marsh Keith | -- | None Available | |
| Marsh Keith | $440,000 | None Available | |
| Thomas Tonda | $155,000 | Erie Title | |
| Stroh William E | $315,000 | Insignia Title Agency Ltd |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Marsh Keith | $352,000 | |
| Previous Owner | Thomas Tonda | $324,000 | |
| Previous Owner | Stroh William E | $252,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2023 11/06/23 | Sold | $616,000 | +3.7% | $298 / Sq Ft | |
| 10/07/2023 10/07/23 | Pending | -- | -- | -- | |
| 10/06/2023 10/06/23 | For Sale | $594,000 | +35.0% | $287 / Sq Ft | |
| 01/17/2020 01/17/20 | Sold | $440,000 | -2.2% | $213 / Sq Ft | View Prior Sale |
| 12/02/2019 12/02/19 | Pending | -- | -- | -- | |
| 10/28/2019 10/28/19 | Price Changed | $450,000 | -2.2% | $217 / Sq Ft | |
| 10/15/2019 10/15/19 | For Sale | $460,000 | -- | $222 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $8,444 | $204,761 | $95,277 | $109,484 |
| 2023 | $6,746 | $127,691 | $68,450 | $59,241 |
| 2022 | $6,689 | $127,691 | $68,450 | $59,241 |
| 2021 | $6,859 | $130,953 | $68,450 | $62,503 |
| 2020 | $6,689 | $113,650 | $57,280 | $56,370 |
| 2019 | $6,650 | $113,650 | $57,280 | $56,370 |
| 2018 | $6,654 | $113,650 | $57,280 | $56,370 |
| 2017 | $7,307 | $126,600 | $54,070 | $72,530 |
| 2016 | $7,248 | $126,600 | $54,070 | $72,530 |
| 2015 | $6,837 | $126,600 | $54,070 | $72,530 |
| 2014 | $6,065 | $113,540 | $48,490 | $65,050 |
| 2013 | $6,019 | $113,540 | $48,490 | $65,050 |
Source: Public Records
Agents Affiliated with this Home
-
Sam LoFaso
-
Joseph Smith
Seller Co-Listing Agent in 2023
Joseph Smith
LoFaso Real Estate Services
(440) 399-7110
6 in this area
34 Total Sales
-
Greg Erlanger
Buyer's Agent in 2023
Greg Erlanger
Keller Williams Citywide
(216) 570-3270
99 in this area
3,693 Total Sales
-
Jenna Bowman
J
Seller's Agent in 2020
Jenna Bowman
Howard Hanna
(440) 935-6070
4 in this area
80 Total Sales
Map
Source: MLS Now
MLS Number: 4491796
APN: 03-00-048-101-017
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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