NOT LISTED FOR SALE

2914 Lexington Ave Lorain, OH 44055

Estimated Value: $104,000 - $123,000

5 Beds
2 Baths
1,417 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $19,000 $13 Per Sq Ft

Est. 510% increase in value since last sale

Current estimated payment $704/month

37 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • Forced Air Heating System
  • Porch

About This Home

As of December 2019

^^^^ Homepath Property ^^^^ Spacious five bedroom cape cod located in a diverse community of Lorain. This home also offers two full bathrooms located on the first and second floor, First-floor bedroom, living room, dining room, full basement plus a one car detached garage. Excellent opportunity to purchase this century-old home.

Last Agent to Sell the Property

Kenneth Myers

RE/MAX Above & Beyond License #389458 Listed on: 11/06/2019

RE/MAX Above & Beyond

Last Buyer's Agent

Kenneth Myers

RE/MAX Above & Beyond License #389458 Listed on: 11/06/2019

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,405

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,417 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Porch
  • 7,405 Sq Ft Lot

Community Details

  • Griffin Add Community

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-201-016

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Bungalow
  • Price Per Square Foot: 13.41
  • Estimated Price per Sq Ft: 13.41
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1417
  • Year Built: 1920
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Sq Ft Approx Above Grade Finished: 1417.00
  • Sq Ft Approx Total Finished: 1417.00

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Griffin Add

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 02-01-003-201-016

Tax Info

  • Tax: 1771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 30, 2019
Sold by
Fannie Mae
Bought by
Lohoury Herman
Seller's Agent
Kenneth Myers
RE/MAX Above & Beyond
Buyer's Agent
Kenneth Myers
RE/MAX Above & Beyond
List Price
$24,900
Sold Price
$19,000
Premium/Discount to List
-$5,900
-23.69%
Current Estimated Value
$115,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,849
Avg. Annual Appreciation
35.03%

Purchase Details

Closed on
May 9, 2019
Sold by
Saunders Michael and Saunders Kimberly
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 24, 1999
Sold by
Vilagi John R and Vilagi Jeannie
Bought by
Saunders Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,887
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lohoury Herman -- Omega Title Agency Llc
Federal National Mortgage Association -- Servicelink
Saunders Michael $70,500 Real Estate Title Service Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Michael $69,887
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Sold $19,000 -23.7% $13 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $24,900 -- $18 / 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 $1,180 $27,920 $3,931 $23,989
2023 $1,258 $23,807 $3,147 $20,661
2022 $1,247 $23,807 $3,147 $20,661
2021 $1,247 $23,807 $3,147 $20,661
2020 $1,269 $21,050 $2,780 $18,270
2019 $1,230 $21,050 $2,780 $18,270
2018 $1,215 $21,050 $2,780 $18,270
2017 $1,200 $19,350 $3,650 $15,700
2016 $1,190 $19,350 $3,650 $15,700
2015 $1,123 $19,350 $3,650 $15,700
2014 $1,037 $17,920 $3,380 $14,540
2013 $1,029 $17,920 $3,380 $14,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4148701

MLS Now

APN: 02-01-003-201-016