NOT LISTED FOR SALE

407 Colgate Ave Elyria, OH 44035

Estimated Value: $254,920 - $275,000

3 Beds
2.5 Baths
1,872 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $230,000 $123 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,655/month

4 Days on Market

Highlights

  • Above Ground Pool
  • 1 Fireplace
  • Porch
  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of August 2022

Beautiful University Heights home constructed by renowned builder Ray Yunker is ready to wow its new owner! Quality can be seen throughout this tastefully decorated home, featuring today's trending colors. As you approach the welcoming front porch you'll notice the lovely landscaping. Entering through double entry front doors you'll notice the huge 13x20 living room with lots of natural light. The family chef will love the bright kitchen with built -in double wall oven and gas cooktop stove! You'll be sharing meals with loved ones in the gorgeous dining room, featuring a shiplap wall and hardwood floors. The family room includes a wood-burning fireplace, built-ins and patio doors leading to an amazing fenced yard. Upstairs you'll find 3 large bedrooms including Master with double closets and ensuite. The main bath is a great size for siblings to share. The full dry basement includes laundry area, storage room and a large area currently used as a home gym. Attached 2 car garage with floor drain is oversized and in addition to your vehicles, will hold all the lawn equipment and hobby items. The backyard will be where all your friends and family will want to be! Featuring a large patio, fire pit and swimming pool, staycation is how you'll want to spend your precious days off! Call today! You just may want to make 407 Colgate Avenue your new address!

Last Agent to Sell the Property

Denise Rakich

Russell Real Estate Services License #413724 Listed on: 07/03/2022

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

  • $3,066

Year Built

  • Built in 1965

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x140
  • North Facing Home
  • Property is Fully Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • Above Ground Pool
  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • University Heights Sub #3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-25-003-107-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,066

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1965
  • ResoPoolFeatures: Above Ground
  • Subdivision Name: University Heights Sub #3
  • Above Grade Finished Sq Ft: 1872.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Partially Finished
  • Basement: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full
  • Acres: 0.22
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Drain, Electricity, Garage, Garage Door Opener, Paved

Utilities

  • Cooling: Attic Fan, 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: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-25-003-107-016
  • LandLeaseYN: No
  • Lot Dimensions: 70x140
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3066.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Aug 18, 2022
Sold by
Valentine Neil J and Valentine Tammy J
Bought by
Robinson Eisha
Seller's Agent
Denise Rakich
Russell Real Estate Services
Buyer's Agent
Danielle Hughes
Elite Class Realty LLC
List Price
$219,900
Sold Price
$230,000
Premium/Discount to List
$10,100
4.59%
Current Estimated Value
$264,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,230
Avg. Annual Appreciation
4.22%
Original Mortgage
$225,834
Outstanding Balance
$215,543
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$48,687

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 5, 2018
Sold by
Lewis William J and Lewis Darlene M
Bought by
Valentine Neil
Seller's Agent
Diane Clark
Deleted Agent
Buyer's Agent
Denise Rakich
Russell Real Estate Services
List Price
$139,900
Sold Price
$139,000
Premium/Discount to List
-$900
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$136,482
Interest Rate
4.62%
Mortgage Type
FHA
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
Robinson Eisha $230,000 Amer Cunningham Co Lpa
Valentine Neil $139,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Eisha $225,834
Previous Owner Valentine Neil $136,482
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2022 08/18/22 Sold $230,000 +4.6% $123 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/03/2022 07/03/22 For Sale $219,900 +58.2% $117 / Sq Ft
06/05/2018 06/05/18 Sold $139,000 -0.6% $74 / Sq Ft View Prior Sale
04/24/2018 04/24/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $139,900 -- $75 / 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 $3,257 $68,138 $13,759 $54,380
2023 $3,086 $56,340 $11,998 $44,342
2022 $3,059 $56,340 $11,998 $44,342
2021 $3,066 $56,340 $12,000 $44,340
2020 $2,919 $47,710 $10,160 $37,550
2019 $2,900 $47,710 $10,160 $37,550
2018 $2,373 $47,710 $10,160 $37,550
2017 $2,368 $46,010 $10,320 $35,690
2016 $2,337 $46,010 $10,320 $35,690
2015 $2,189 $46,010 $10,320 $35,690
2014 $2,162 $46,010 $10,320 $35,690
2013 $2,142 $46,010 $10,320 $35,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4388291

MLS Now

APN: 06-25-003-107-016