NOT LISTED FOR SALE

4022 Lorain Ave Lorain, OH 44055

Estimated Value: $88,000 - $131,000

2 Beds
1 Bath
984 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $15,500 $16 Per Sq Ft

Est. 603% increase in value since last sale

Current estimated payment $681/month

132 Days on Market

Highlights

  • Patio
  • Partially Fenced Property
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of October 2016

This is a HomePath property. Easy, single floor living in this charming 2 bedroom ranch in Lorain. Fenced front walkway to entry. Living room opens to kitchen, which opens to family/media room. Glass sliders to small, rear yard. Laundry closet. Two spacious bedrooms with full bath. "As is" condition. Nice location, convenient to retail shops, restaurants and park.

Last Agent to Sell the Property

Kenneth Myers

Deleted Agent License #389458 Listed on: 05/13/2016

Deleted Agent

Last Buyer's Agent

Josephine Andrick

Key Realty License #2004009802

Key Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 30x120
  • Partially Fenced Property

Home Design

  • Asphalt Roof

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Central Div Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-106-107-001

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 15.75
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 1.00
  • Total Sq Ft: 984
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Slab
  • Living Area Sq Ft: 984
  • Estimated Total Living Area: 984
  • Estimated Sq Ft: 984

Exterior Features

  • Exterior: Wood
  • Exterior Features: Patio
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Central Div

Schools

  • School District: Clearview LSD
  • School District: Clearview LSD

Lot Info

  • Lot Dimensions: 30x120
  • Lot Size Units: Acres
  • Acres: 0.0700
  • Parcel Number: 03-00-106-107-001

Tax Info

  • Tax: 691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Oct 7, 2016
Sold by
Fannie Mae
Bought by
Bcd Properties Inc
Seller's Agent
Kenneth Myers
Deleted Agent
Buyer's Agent
Josephine Andrick
Key Realty
List Price
$38,200
Sold Price
$15,500
Premium/Discount to List
-$22,700
-59.42%
Current Estimated Value
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,500
Avg. Annual Appreciation
22.32%
Original Mortgage
$20,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2016
Sold by
Lorain County Sheriff
Bought by
Federal National Mortgage Association
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
Bcd Properties Inc -- Fidelity National Title
Federal National Mortgage Association $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcd Properties Inc $175,500
Closed Bcd Properties Inc $40,000
Closed Bcd Properties Inc $20,000
Previous Owner Palazzola Crystal R $74,700
Previous Owner Palazzola Crystal R $20,790
Previous Owner Palazzola Crystal R $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $15,500 -59.4% $16 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $38,200 -- $39 / 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 $1,099 $28,420 $1,876 $26,544
2023 $701 $14,959 $1,232 $13,727
2022 $723 $14,959 $1,232 $13,727
2021 $760 $14,959 $1,232 $13,727
2020 $708 $12,650 $1,040 $11,610
2019 $705 $12,650 $1,040 $11,610
2018 $720 $12,650 $1,040 $11,610
2017 $730 $11,880 $430 $11,450
2016 $710 $11,880 $430 $11,450
2015 $691 $11,880 $430 $11,450
2014 $659 $11,570 $420 $11,150
2013 $651 $11,570 $420 $11,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3808113

MLS Now

APN: 03-00-106-107-001