$155,000
SOLD JAN 24, 2025

309 Illinois Ave Lorain, OH 44052

3 Beds
1 Bath
1,738 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

11% Above List Price

60 Days on Market

Highlights

  • City View
  • No HOA
  • 2 Car Detached Garage
  • Colonial Architecture
  • Covered Patio or Porch
  • Bar

About This Home

As of January 2025

3 bedroom, 1 bath colonial currently being used as a rental/ income generated, but would be perfect home for any family. Spacious white kitchen cabinetry w/ ceramic flooring (Appliances NOT included); Large, spacious Dining room flows nicely to Living Room w/ plenty of nature light; Hardwood floors & wide wood trim found throughout most of home and wood floors under carpeting; spacious and updated bath on 2nd floor; Finished 3rd floor could be used as a bedroom or recreation room/ teen suite; 20 x 6 covered side porch w/ front & rear entry porches. Garage siding 2024. Enjoy walks to the lake. Near schools, park, and easy access to downtown Lorain.

Last Agent to Sell the Property

Dawn Balog

Russell Real Estate Services Brokerage Email: balogsells@gmail.com 440-225-3265 License #2006002411 Listed on: 10/14/2024

Russell Real Estate Services

Last Buyer's Agent

Danielle Hughes

Elite Class Realty LLC License #2022004890

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1934

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 132
  • West Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Vinyl Fence
  • Few Trees

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,738 Sq Ft Home
  • 3-Story Property
  • Bar
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

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

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Fairhome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-00-051-103-065

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1934
  • Attribution Contact: balogsells@gmail.com 440-225-3265
  • ResoLotFeatures: City Lot, Few Trees
  • Reso View: City
  • Subdivision Name: Fairhome
  • Above Grade Finished Sq Ft: 1738.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Bar
  • Unit Levels: Three Or More
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial, Privacy, Vinyl
  • Acres: 0.15
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: West
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch, Side Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Detached, Garage

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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: 02-00-051-103-065
  • LandLeaseYN: No
  • Lot Dimensions: 50 x 132
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Jan 23, 2025
Sold by
Novales Miriam
Bought by
Jackson Dajana M
Seller's Agent
Dawn Balog
Russell Real Estate Services
Buyer's Agent
Danielle Hughes
Elite Class Realty LLC
List Price
$140,000
Sold Price
$155,000
Premium/Discount to List
$15,000
10.71%
Views
34
Current Estimated Value
$161,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,858
Avg. Annual Appreciation
4.66%
Original Mortgage
$3,875
Outstanding Balance
$3,851
Interest Rate
6.6%
Estimated Equity
$158,007

Purchase Details

Listed on
Dec 19, 2013
Closed on
Mar 20, 2014
Sold by
Secretary Of Hud
Bought by
Novales Miriam
Seller's Agent
Drew Vaneck
Westway Realty
Buyer's Agent
Helen Soeder
LoFaso Real Estate Services
List Price
$25,000
Sold Price
$21,500
Premium/Discount to List
-$3,500
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.97%

Purchase Details

Closed on
Aug 28, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jun 20, 2013
Sold by
Klinger William H and Rodriguez Raquel
Bought by
Bank Of America Na and Fannie Mae Remic Trust

Purchase Details

Closed on
Jan 12, 1999
Sold by
Lough Dana Jay
Bought by
Klinger William H and Rodriguez Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,914
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 1994
Sold by
Bucci James V
Bought by
Lough Dana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
8.91%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $155,000 None Listed On Document
Deed $21,500 Lakeside Title & Escrow Agen
Limited Warranty Deed -- None Available
Sheriffs Deed $38,000 None Available
Survivorship Deed $78,000 Lorain County Title Co Inc
Deed $57,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,875 No Value Available
Open $152,192 FHA
Previous Owner $77,914 FHA
Previous Owner $54,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Sold $155,000 +10.7% $89 / Sq Ft
12/08/2024 12/08/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $140,000 0.0% $81 / Sq Ft
11/21/2024 11/21/24 For Sale $140,000 -4.8% $81 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
10/25/2024 10/25/24 Price Changed $147,000 -5.2% $85 / Sq Ft
10/09/2024 10/09/24 For Sale $155,000 +620.9% $89 / Sq Ft
03/24/2014 03/24/14 Sold $21,500 -14.0% $14 / Sq Ft View Prior Sale
01/08/2014 01/08/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $25,000 -- $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 $1,766 $41,787 $4,988 $36,799
2023 $1,700 $32,176 $5,929 $26,247
2022 $1,686 $32,176 $5,929 $26,247
2021 $1,685 $32,176 $5,929 $26,247
2020 $1,567 $25,990 $4,790 $21,200
2019 $1,559 $25,990 $4,790 $21,200
2018 $1,553 $25,990 $4,790 $21,200
2017 $1,546 $24,300 $4,160 $20,140
2016 $1,534 $24,300 $4,160 $20,140
2015 $1,449 $24,300 $4,160 $20,140
2014 $1,446 $24,300 $4,160 $20,140
2013 $1,396 $24,300 $4,160 $20,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5075825

MLS Now

APN: 02-00-051-103-065