NOT LISTED FOR SALE

416 Michigan Ave Elyria, OH 44035

Estimated Value: $153,000 - $192,065

3 Beds
1.5 Baths
1,344 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2025

Last sale price $150,000 $112 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,081 / mo

6 Days on Market

Highlights

  • No HOA
  • Patio
  • Central Air
  • Walk-In Closet
  • Laundry Room
  • Ceiling Fan

About This Home

As of May 2025

Calling all investors and those willing to put in some sweat equity for a great solid family home in Elyria's Eastern Heights neighborhood! As soon as you step into this 3-bedroom ranch your mind will race with ideas on how to easily make this house your own! This house has everything you need within its 1344 square feet...including a nice sized kitchen, 3 comfortable and roomy bedrooms and a bonus room that could be a playroom or office! You've got a formal dining room a full bathroom and the primary bedroom has its own half bath and walk-in closet. Outside you have a spacious fenced in back yard with mature trees and even a partially fenced in patio area with lush landscaping. So much potential is just waiting for your special touches! Tour today before it's gone!

Last Agent to Sell the Property

April Brooks

Howard Hanna Brokerage Email: aprilbrooks@howardhanna.com 440-732-2345 License #2023006321 Listed on: 04/22/2025

Howard Hanna

Last Buyer's Agent

Ed Huck

Keller Williams Citywide License #390263

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 1.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • University Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-25-003-110-089

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,192

Year Built

Built in 1972

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1972
  • Attribution Contact: aprilbrooks@howardhanna.com 440-732-2345
  • ResoLotFeatures: Back Yard, Front Yard
  • Subdivision Name: University Heights
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s), Laminate Counters, Walk-In Closet(s)
  • Unit Levels: One
  • Reso Property Condition: Fixer
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Appliances: Dryer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Asphalt, Fiberglass
  • Fencing: Back Yard, Partial, Privacy, Wood
  • Acres: 0.19
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Faces Front, Garage, Garage Door Opener

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Radiant
  • 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: 06-25-003-110-089
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2192.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2025
Closed on
May 22, 2025
Sold by
Bought by
Seller's Agent
April Brooks
Howard Hanna
Buyer's Agent
Ed Huck
Keller Williams Citywide
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Views
51
Current Estimated Value
$169,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,266
Avg. Annual Appreciation
12.58%
Original Mortgage
$120,000
Outstanding Balance
$118,741
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$50,525

Purchase Details

Closed on
Dec 9, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,725
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
6.08%
Mortgage Type
Balloon
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Infinity Title
$115,500 Lctc
$109,900 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $120,000
Previous Owner $109,725
Previous Owner $87,900
Closed $13,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Sold $150,000 -6.3% $112 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/22/2025 04/22/25 For Sale $160,000 -- $119 / Sq Ft
Source: MLS Now (Howard Hanna)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,192 $46,309 $11,795 $34,514
2023 $2,171 $39,837 $10,283 $29,554
2022 $2,163 $39,837 $10,283 $29,554
2021 $2,168 $39,837 $10,283 $29,554
2020 $2,065 $33,740 $8,710 $25,030
2019 $2,052 $33,740 $8,710 $25,030
2018 $2,056 $33,740 $8,710 $25,030
2017 $2,000 $31,470 $8,850 $22,620
2016 $1,973 $31,470 $8,850 $22,620
2015 $1,848 $31,470 $8,850 $22,620
2014 $1,826 $31,470 $8,850 $22,620
2013 $1,809 $31,470 $8,850 $22,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5117020

MLS Now (Howard Hanna)

APN: 06-25-003-110-089

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