NOT LISTED FOR SALE

302 Root Rd Lorain, OH 44052

Estimated Value: $116,000 - $147,000

3 Beds
1.5 Baths
876 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 15, 2012

Last sale price $30,000 $34 Per Sq Ft

Est. 334% increase in value since last sale

Current estimated payment $813/month

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Patio
  • Privacy Fence
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2012

CASE#412-585850. Great opportunity! Bring this property back to its full potential. All information approximate. Sold AS IS. Pre-approval or proof of funds must be presented with offers. Seller will consider all offers. Buyer to assume any and all expenses for inspections.

Last Agent to Sell the Property

Roman Tarnawsky

Lokal Real Estate, LLC. License #2006006316 Listed on: 01/23/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 52 x 200
  • Privacy Fence
  • Chain Link Fence

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 876 Sq Ft Home
  • 1.5-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Carport

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-00-046-103-035

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Cape Cod
  • Price Per Square Foot: 34.25
  • Num Of Stories: 1.50
  • Total Sq Ft: 876
  • Year Built: 1932
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Full, Partially Finished
  • Living Area Sq Ft: 876
  • Estimated Total Living Area: 876
  • Estimated Sq Ft: 876

Exterior Features

  • Exterior: Aluminum
  • Exterior Features: Patio
  • Fences: Chain Link, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 52 X 200
  • Lot Size Area Sq Ft: 10454.0000
  • Lot Size Frontage: 52
  • Lot Size Units: Acres
  • Price Per Acre: 125000.00
  • Acres: 0.2400
  • Parcel Number: 03-00-046-103-035

Tax Info

  • Tax: 1108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Feb 13, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Wisnieski Michael
Seller's Agent
Roman Tarnawsky
Lokal Real Estate, LLC.
List Price
$27,000
Sold Price
$30,000
Premium/Discount to List
$3,000
11.11%
Current Estimated Value
$130,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,243
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Dec 13, 2011
Sold by
Fifth Third Mortgage Company
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 1, 2011
Sold by
Glasen Temeka and Guzman Temeka C
Bought by
Fifth Third Mortgage Company

Purchase Details

Closed on
Jun 30, 2008
Sold by
Lerchbacker Jeannine M and Haarsma Jeannine M
Bought by
Guzman Temeka C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,839
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2008
Sold by
Edwards Sandra and Bennett Patricia
Bought by
Lerchbacker Jeannine M and Haarsma Jeannine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,839
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2004
Sold by
Estate Of William H Lerchbacker
Bought by
Lerchbacker Jeannine M and Lerchbacker Timothy J
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
Wisnieski Michael $30,000 Lakeside Title & Escrow Agen
Secretary Of Housing & Urban Development -- None Available
Fifth Third Mortgage Company $42,000 None Available
Guzman Temeka C $107,500 American Patriot Title Agenc
Lerchbacker Jeannine M $77,000 American Patriot Title Agenc
Lerchbacker Jeannine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guzman Temeka C $105,839
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2012 02/15/12 Sold $30,000 +11.1% $34 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $27,000 -- $31 / 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 $1,560 $36,915 $8,915 $28,000
2023 $1,243 $23,524 $7,770 $15,754
2022 $1,232 $23,524 $7,770 $15,754
2021 $1,232 $23,524 $7,770 $15,754
2020 $1,146 $19,010 $6,280 $12,730
2019 $1,140 $19,010 $6,280 $12,730
2018 $1,140 $19,010 $6,280 $12,730
2017 $1,205 $18,940 $5,050 $13,890
2016 $1,196 $18,940 $5,050 $13,890
2015 $1,130 $18,940 $5,050 $13,890
2014 $1,127 $18,940 $5,050 $13,890
2013 $1,119 $18,940 $5,050 $13,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3288242

MLS Now

APN: 03-00-046-103-035