NOT LISTED FOR SALE

2940 W Erie Ave Lorain, OH 44053

Estimated Value: $204,000 - $436,000

3 Beds
1.5 Baths
1,844 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $225,000 $122 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,276/month

126 Days on Market

Highlights

  • Beach Front
  • Colonial Architecture
  • 2 Car Detached Garage
  • Lake View
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of September 2016

This Stately Lakefront Colonial is situated on 1.5 acres with a wonderful view of lake Erie and its spectacular sunsets. Custom woodwork is thru-out the house. Hardwood flooring under most of the carpeting. Many bowed windows adds to this homes charm. The office/den has a unique wall of shelves. lovely ample amount of kitchen cabinets that appear to be Cherry. This home sits far back from the road for Serine privacy. You can also purchase the adjoining 3.19 acre lakefront property to the West to have a combination of 4.69 acres of lakefront property. Zoned R3 for Multi Family. Investors welcome or just build your own spectacular Retreat.
SELLERS WILL CONSIDER ALL OFFERS!

Last Agent to Sell the Property

Melanie Caruso

Deleted Agent License #669409 Listed on: 04/07/2016

Last Buyer's Agent

Melanie Caruso

Deleted Agent License #669409 Listed on: 04/07/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 1.5 Acre Lot
  • Beach Front
  • Lake Front
  • South Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Lake Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-02-022-101-010

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: South
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1938
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1938

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full
  • Living Area Sq Ft: 1844
  • Estimated Total Living Area: 1844

Exterior Features

  • View: Lake Erie
  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Wood, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 100x Irreg
  • Lot Description: Beach Front, Lake Erie Front, Lake Front
  • Lot Size Units: Acres
  • Acres: 1.5000
  • Parcel Number: 02-02-022-101-010

Tax Info

  • Tax: 7253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Sep 22, 2016
Sold by
Baumler John W and Baumler Jay R
Bought by
Haas Lawrence D and Haas Sharon M
Seller's Agent
Melanie Caruso
Deleted Agent
Buyer's Agent
Melanie Caruso
Deleted Agent
List Price
$289,000
Sold Price
$225,000
Premium/Discount to List
-$64,000
-22.15%
Total Days on Market
126
Current Estimated Value
$296,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,261
Avg. Annual Appreciation
4.34%
Original Mortgage
$200,000
Outstanding Balance
$162,328
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$163,074

Purchase Details

Closed on
Sep 3, 2014
Sold by
Baumler Jill B and Baumler Nina Irene
Bought by
Baumler John W and Baumler Jay R
Source: Public Records

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Range of Values:

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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
Haas Lawrence D $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haas Lawrence D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2016 09/28/16 Sold $225,000 -22.1% $122 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $289,000 -- $157 / 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 $7,353 $178,175 $108,157 $70,018
2023 $4,941 $95,942 $60,662 $35,280
2022 $4,898 $95,942 $60,662 $35,280
2021 $4,898 $95,942 $60,662 $35,280
2020 $4,719 $80,280 $50,760 $29,520
2019 $4,691 $80,280 $50,760 $29,520
2018 $4,693 $80,280 $50,760 $29,520
2017 $7,540 $121,600 $73,340 $48,260
2016 $7,677 $121,600 $73,340 $48,260
2015 $7,253 $121,600 $73,340 $48,260
2014 $5,805 $109,050 $65,770 $43,280
2013 $5,761 $109,050 $65,770 $43,280
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Melanie Caruso

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 3793659

MLS Now

APN: 02-02-022-101-010

Ohio Lorain County Lorain 44053

2940 W Erie Ave, Lorain, OH

This home is located at 2940 W Erie Ave, Lorain, OH 44053 since 07 April 2016 and is currently estimated at $296,261, approximately $160 per square foot. This property was built in 1938. 2940 W Erie Ave is a home located in Lorain County with nearby schools including Admiral King Elementary School, Gen. Johnnie Wilson Middle School, and Lorain High School.

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