NOT LISTED FOR SALE

324 Stanford Ave Elyria, OH 44035

Estimated Value: $185,000 - $247,000

4 Beds
2 Baths
2,051 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2024

Last sale price $185,000 $90 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,421 / mo

About This Home

This house has a charming, distinctive architecture with a steep gabled roof, decorative half-timbering, and a warm color palette. Conveniently located near schools and the hospital, it has been meticulously maintained and updated over the years. In 2000, the house was waterproofed to ensure longevity and structural integrity. A new A/C system was installed in 2005 and overhauled in 2007 for optimal performance. The furnace was replaced in 2006, and a new hot water tank was added in 2012. The roof was completely replaced in 2016, followed by new gutters in 2017. The exterior siding received a fresh stain with 25 year -Behr Stain in 2018, enhancing its curb appeal. Inside, the home boasts original stained glass windows, a full house humidifier, a central vacuum system extending from the third floor to the basement, as well as a laundry chute that goes from second floor to basement. The beautiful built-in cabinets, original hardwood flooring, and interior doors preserve the home's classic charm. Modern conveniences include a Ring doorbell with electric locks and included Samsung kitchen appliances, along with a washer and dryer. This home seamlessly blends historic elegance with contemporary comfort, making it an ideal place to live.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 26, 2024
Sold by
Burgwald Kristian and Burgwald Katheryn Sue
Bought by
Riley Madilyn Rose and Riley Kevin Vinh
Seller's Agent
Shawnee Schuller
Howard Hanna
Buyer's Agent
Bonnie Phillips
Redfin Real Estate Corporation
List Price
$219,000
Sold Price
$185,000
Premium/Discount to List
-$34,000
-15.53%
Views
90
Current Estimated Value
$214,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,615
Avg. Annual Appreciation
10.41%
Original Mortgage
$175,750
Outstanding Balance
$173,671
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$41,800

Purchase Details

Closed on
Feb 20, 2024
Sold by
Burgwald Kristian
Bought by
Burgwald Kristian and Burgwald Katheryn Sue

Purchase Details

Closed on
Apr 7, 2004
Sold by
Curney Charles J and Curney Joan M
Bought by
Burgwald Kristian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,165
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage
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
Riley Madilyn Rose $185,000 None Listed On Document
Burgwald Kristian -- American Patriot Title
Burgwald Kristian $124,900 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Madilyn Rose $175,750
Previous Owner Burgwald Kristian $106,165
Closed Burgwald Kristian $12,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Sold $185,000 -10.2% $90 / Sq Ft View Prior Sale
09/04/2024 09/04/24 Price Changed $206,000 -1.9% $100 / Sq Ft
08/13/2024 08/13/24 Price Changed $210,000 -4.1% $102 / Sq Ft
08/01/2024 08/01/24 For Sale $219,000 -- $107 / Sq Ft

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 $3,298 $69,703 $6,899 $62,804
2023 $2,557 $46,921 $7,067 $39,855
2022 $2,548 $46,921 $7,067 $39,855
2021 $2,554 $46,921 $7,067 $39,855
2020 $2,456 $40,140 $6,050 $34,090
2019 $2,440 $40,140 $6,050 $34,090
2018 $2,445 $40,140 $6,050 $34,090
2017 $2,400 $37,760 $6,470 $31,290
2016 $2,368 $37,760 $6,470 $31,290
2015 $2,218 $37,760 $6,470 $31,290
2014 $2,170 $37,390 $6,410 $30,980
2013 $2,150 $37,390 $6,410 $30,980
Source: Public Records

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