NOT LISTED FOR SALE

29603 Lorain Rd North Olmsted, OH 44070

-- Bed
-- Bath
12,358 Sq Ft
2.5 Acres

About This Home

This home is located at 29603 Lorain Rd, North Olmsted, OH 44070. 29603 Lorain Rd is a home located in Cuyahoga County with nearby schools including Chestnut Intermediate Elementary School, Pine Intermediate School, and North Olmsted Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2002
Sold by
Smith Merle E and Smith Craig A
Bought by
Mercra Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 1996
Sold by
Mcglaughlin Arthur D
Bought by
Smith Merle E and Smith Craig A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 1992
Sold by
Zkiab Nazih
Bought by
Mcglaughlin Arthur D

Purchase Details

Closed on
Sep 3, 1987
Sold by
Simmons Joseph J and Simmons Helen A
Bought by
Zkiab Nazih

Purchase Details

Closed on
Mar 26, 1985
Sold by
Simmons Joseph J and Simmons Helen A
Bought by
Simmons Joseph J and Simmons Helen A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Simmons Joseph J and Simmons Helen A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mercra Ltd -- Chicago Title Insurance Comp
Smith Merle E $250,000 --
Mcglaughlin Arthur D $225,000 --
Zkiab Nazih $155,000 --
Simmons Joseph J -- --
Simmons Joseph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercra Ltd $514,424
Closed Mercra Ltd $750,000
Closed Mercra Ltd $650,000
Previous Owner Smith Merle E $500,000
Source: Public Records

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 $29,319 $272,615 $59,220 $213,395
2023 $30,298 $267,440 $62,790 $204,650
2022 $30,247 $267,440 $62,790 $204,650
2021 $27,881 $267,440 $62,790 $204,650
2020 $26,480 $252,280 $59,220 $193,060
2019 $25,181 $720,800 $169,200 $551,600
2018 $25,267 $252,280 $59,220 $193,060
2017 $24,956 $237,590 $53,310 $184,280
2016 $24,718 $237,590 $53,310 $184,280
2015 $27,168 $237,590 $53,310 $184,280
2014 $27,168 $263,970 $59,220 $204,750
Source: Public Records

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