NOT LISTED FOR SALE

39591 Penny Ln Elyria, OH 44035

Estimated Value: $167,000 - $198,095

2 Beds
2 Baths
1,143 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $96,000 $84 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,236/month

13 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Attached Garage
  • North Facing Home
  • Enclosed patio or porch
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2020

Welcome home to 39591 Penny Lane located on large 84 x 175 deep lot (approx .33 acres), nice quiet area of homes. This ranch features a large eat-in kitchen with lots of cabinet and counter top space. Nice sized living room with wood burning fireplace that is open to the dining room area. 2 Bedrooms on the first floor, both nicely sized. Finished basement includes large rec room, full bath, 2 other rooms for either an office, study or could be bedrooms. Laundry is in the lower level. Nice wooded lot with Storage Building in the back. Enclosed patio area off the back. 1 Car Attached Garage with opener. HUD #412-808794. Property is being sold "As-Is". It is FHA IE- Insured Escrow. (Insurability Subject To Buyer's Appraisal) Pre-Approval or Proof of Funds are required. Buyer is responsible for all due diligence and inquiry of all property information and condition. Owner occupancy restrictions may apply. *Equal Housing Opportunity*

Last Agent to Sell the Property

Carla Harbert

RE/MAX Omega License #2003019176 Listed on: 01/29/2020

Last Buyer's Agent

Barbara Andrews

RE/MAX Crossroads Properties License #2005010147

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1957

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 84 x 175
  • North Facing Home

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,143 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Dryer

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed patio or porch

Utilities

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

Community Details

  • Cusick Allotment 03 Community

Listing and Financial Details

  • Assessor Parcel Number 10-00-004-142-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,049

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: North
  • Price Per Square Foot: 83.99
  • Estimated Price per Sq Ft: 83.99
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1143
  • Year Built: 1957
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1957

Interior Features

  • Appliances Equipment: Dryer, Range
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Finished, Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1143.00
  • Sq Ft Approx Total Finished: 1143.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Enclosed Patio/Porch, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Cusick Allotment 03

Schools

  • School District: Midview LSD
  • School District: Midview LSD

Lot Info

  • Lot Dimensions: 84 x 175
  • Lot Size Units: Acres
  • Acres: 0.3300
  • Parcel Number: 10-00-004-142-018

Tax Info

  • Tax: 2049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
May 18, 2020
Sold by
Secretary Of Housing & Urban Development
Bought by
Russini Ralph J and Russini Elizabeth B
Seller's Agent
Carla Harbert
RE/MAX Omega
Buyer's Agent
Barbara Andrews
RE/MAX Crossroads Properties
List Price
$105,000
Sold Price
$96,000
Premium/Discount to List
-$9,000
-8.57%
Current Estimated Value
$182,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,495
Avg. Annual Appreciation
12.55%
Original Mortgage
$143,728
Outstanding Balance
$129,022
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$49,316

Purchase Details

Closed on
Aug 7, 2019
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 23, 2019
Sold by
Buchanan Daniel J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 24, 2015
Sold by
Hall Jerry J
Bought by
Buchanan Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,935
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2001
Sold by
Marjorie Kelley and Marjorie Russell W
Bought by
Hall Jerry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
Russini Ralph J -- None Available
Secretary Of Housing & Urban Development -- Dba Orange Coast Lender Svcs
Wells Fargo Bank Na $66,000 None Available
Buchanan Daniel J $114,000 None Available
Hall Jerry J $107,500 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russini Ralph J $143,728
Previous Owner Buchanan Daniel J $111,935
Previous Owner Hall Jerry $97,600
Previous Owner Hall Jerry J $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $96,000 -8.6% $84 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $105,000 -- $92 / 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 $2,841 $61,173 $8,925 $52,248
2023 $2,251 $43,617 $9,072 $34,545
2022 $2,238 $43,617 $9,072 $34,545
2021 $2,242 $43,617 $9,072 $34,545
2020 $2,114 $38,500 $8,010 $30,490
2019 $2,049 $38,500 $8,010 $30,490
2018 $2,073 $38,500 $8,010 $30,490
2017 $2,046 $35,010 $7,380 $27,630
2016 $2,073 $35,010 $7,380 $27,630
2015 $2,054 $35,010 $7,380 $27,630
2014 $1,783 $31,800 $7,380 $24,420
2013 $1,783 $31,800 $7,380 $24,420
Source: Public Records

Agents Affiliated with this Home

  • Carla Harbert

    Seller's Agent in 2020

    Carla Harbert

    RE/MAX

    (440) 309-5209

    10 in this area

    70 Total Sales

    Section Image
  • Barbara Andrews

    Buyer's Agent in 2020

    Barbara Andrews

    RE/MAX

    (440) 225-0550

    7 in this area

    41 Total Sales

    Section Image
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Map

Source: MLS Now

MLS Number: 4163952

MLS Now

APN: 10-00-004-142-018

Ohio Lorain County Elyria 44035

39591 Penny Ln, Elyria, OH

This home is located at 39591 Penny Ln, Elyria, OH 44035 since 29 January 2020 and is currently estimated at $184,774, approximately $161 per square foot. This property was built in 1957. 39591 Penny Ln is a home located in Lorain County with nearby schools including Midview West Elementary School, Midview North Elementary School, and Midview Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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