NOT LISTED FOR SALE

2902 E Erie Ave Lorain, OH 44052

Estimated Value: $160,000 - $194,000

3 Beds
1 Bath
1,913 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $167,000 $87 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,079/month

44 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • Partially Fenced Property
  • No HOA

About This Home

As of May 2024

Welcome to this cozy three bedroom one bathroom cape cod style home, nestled in a prime location just steps away from the picturesque lake. This gem, built in 1900, has been thoughtfully updated with brand new paint, carpet, and light fixtures, ensuring a fresh and inviting atmosphere for its future occupants. With 3 spacious bedrooms and 1 bathroom, this home offers ample room for comfortable living and relaxation.

As you step inside, you'll immediately notice new vinyl plank floors, carpet, and paint throughout the house provides a clean and modern feel, while adding a touch of warmth and comfort. Call to schedule your showing today.

Last Agent to Sell the Property

Tammy Nemeth

The Sweda Group, LLC. Brokerage Email: veela827@gmail.com 440-759-3499 License #2021006103 Listed on: 01/07/2024

Last Buyer's Agent

Stefani Collier

CENTURY 21 Asa Cox Homes License #2022002240

CENTURY 21 Asa Cox Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,189

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,913 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Lorain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-047-102-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,189

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: veela827@gmail.com 440-759-3499
  • Subdivision Name: Lorain
  • Above Grade Finished Sq Ft: 1913.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Appliances: Dryer, Microwave, Range, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial
  • Acres: 0.3
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • LaundryFeatures: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-047-102-001
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1189.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
May 21, 2024
Sold by
Jt Equity Llc
Bought by
Busch James E and Remar Diana I
Seller's Agent
Tammy Nemeth
The Sweda Group, LLC.
Buyer's Agent
Stefani Collier
CENTURY 21 Asa Cox Homes
List Price
$179,900
Sold Price
$167,000
Premium/Discount to List
-$12,900
-7.17%
Views
197
Current Estimated Value
$178,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,246
Avg. Annual Appreciation
4.10%
Original Mortgage
$163,975
Outstanding Balance
$161,676
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$16,570

Purchase Details

Closed on
Jan 9, 2023
Sold by
Lorain County Homebuyers Llc
Bought by
Jt Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2022
Sold by
Jason Darmstadt
Bought by
Lorain County Homebuyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.23%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 24, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Darmstadt Ronald Anthony and Darmstadt Shelia Rose
Seller's Agent
Dawn Doleh
Deleted Agent
Buyer's Agent
Patty Krasienko
Deleted Agent
List Price
$33,000
Sold Price
$33,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%

Purchase Details

Closed on
Jul 18, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 20, 2014
Sold by
Howard Brittani M and Howard Brittani
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jun 29, 2009
Sold by
Klima Maria N and Klima Adam
Bought by
Howard Brittani M and Ramirez Nelson M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,750
Interest Rate
4.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Busch James E $167,000 None Listed On Document
Jt Equity Llc -- None Listed On Document
Lorain County Homebuyers Llc $110,000 None Listed On Document
Darmstadt Ronald Anthony $33,000 None Available
Secretary Of Housing & Urban Development -- None Available
Jpmorgan Chase Bank Na $38,000 None Available
Howard Brittani M $69,000 Attorney
Klima Maria N -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busch James E $163,975
Previous Owner Jt Equity Llc $247,500
Previous Owner Lorain County Homebuyers Llc $115,000
Previous Owner Howard Brittani M $67,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $167,000 -4.5% $87 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $174,900 -2.8% $91 / Sq Ft
01/07/2024 01/07/24 For Sale $179,900 +445.2% $94 / Sq Ft
08/26/2015 08/26/15 Sold $33,000 0.0% $17 / Sq Ft View Prior Sale
07/21/2015 07/21/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $33,000 -- $17 / 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 $1,778 $42,070 $9,324 $32,746
2023 $1,255 $23,765 $9,233 $14,532
2022 $1,189 $23,765 $9,233 $14,532
2021 $1,206 $23,636 $9,104 $14,532
2020 $1,122 $19,090 $7,350 $11,740
2019 $1,116 $19,090 $7,350 $11,740
2018 $1,116 $19,090 $7,350 $11,740
2017 $1,050 $16,930 $6,380 $10,550
2016 $1,041 $16,930 $6,380 $10,550
2015 $1,010 $16,930 $6,380 $10,550
2014 -- $16,930 $6,380 $10,550
2013 $1,000 $16,930 $6,380 $10,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5009911

MLS Now

APN: 03-00-047-102-001