NOT LISTED FOR SALE

450 Iowa Ave Lorain, OH 44052

Estimated Value: $119,000 - $127,000

2 Beds
1 Bath
900 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $74,900 $83 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $768/month

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Community Lake

About This Home

As of August 2020

Beautiful architectural 2 bedroom home situated just 1 mile from Lake Erie and Mile Long Pier. The home offers new flooring through out, new cabinetry, a brand new dishwasher, fresh coats of neutral paint and much more! The property also has a newer over sized 575 square foot garage with plenty of room for cars, storage, work bench and tool areas. The kitchen is spacious and allows plenty of room for preparing and cooking without restrictions. The architectural bathroom leaves room for imagination and creativity when decorating. Both bedrooms provide ample space for bedroom furniture and closet space. The basement has also been roughed in for a bonus room along side the laundry area.

Last Agent to Sell the Property

Anthony Mendez

House to Home Real Estate Professionals, LLC. License #2016002816 Listed on: 07/10/2020

Last Buyer's Agent

Michelle Ramirez

Howard Hanna License #2006001092

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Federal Home Bldg Co Community
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 02-00-051-118-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1925

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • Price Per Square Foot: 83.22
  • Estimated Price per Sq Ft: 83.22
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 900
  • Year Built: 1925
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances Equipment: Dishwasher, Smoke Detector
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 900.00
  • Sq Ft Approx Total Finished: 900.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Lake

Condo/Co-op/Association

  • Subdivision Complex: Federal Home Bldg Co

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 02-00-051-118-018

Tax Info

  • Tax: 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 15, 2020
Sold by
Kramer Rei Llc
Bought by
Otero Rhonda Lynn
Seller's Agent
Anthony Mendez
House to Home Real Estate Professionals, LLC.
Buyer's Agent
Michelle Ramirez
Howard Hanna
List Price
$72,900
Sold Price
$74,900
Premium/Discount to List
$2,000
2.74%
Current Estimated Value
$122,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,577
Avg. Annual Appreciation
9.18%
Original Mortgage
$73,542
Outstanding Balance
$64,647
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$57,830

Purchase Details

Listed on
Sep 22, 2019
Closed on
Nov 14, 2019
Sold by
Secretary Of Housing And Urban Dev
Bought by
Kramer Rei Llc
Seller's Agent
Debra Foreback
RE/MAX Above & Beyond
Buyer's Agent
Anthony Mendez
House to Home Real Estate Professionals, LLC.
List Price
$20,000
Sold Price
$20,500
Premium/Discount to List
$500
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
450.09%

Purchase Details

Closed on
Nov 2, 2017
Sold by
U S Bank National Association
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 18, 2017
Sold by
Lorain County Sheriff
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 30, 2007
Sold by
Thacker Debra
Bought by
Reed Fred J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,609
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2003
Sold by
Piper Kellie A and Piper Barry L
Bought by
Thacker Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2000
Sold by
Balyeat Christopher A
Bought by
Piper Kelli A

Purchase Details

Closed on
Apr 20, 2000
Sold by
Johnson Dennis R and Johnson Judy G
Bought by
Piper Kelli A and Balyeat Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
10.05%

Purchase Details

Closed on
Sep 25, 1998
Sold by
Falbo Peter J
Bought by
Johnson Dennis R and Johnson Judy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,600
Interest Rate
6.99%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Steele Marilyn E
Bought by
Falbo Peter J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Otero Rhonda Lynn $74,900 Old Republic Title
Kramer Rei Llc $20,500 First American Title Ins Co
Secretary Of Housing & Urban Development -- Servicelink
Us Bank Na $34,200 --
Reed Fred J $90,000 Old Republic
Thacker Debra A $69,000 Midland Title
Piper Kelli A -- --
Piper Kelli A $60,000 Stewart Title Guaranty Compa
Johnson Dennis R $38,000 Lorain County Title Co Inc
Falbo Peter J $25,000 Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otero Rhonda Lynn $73,542
Previous Owner Reed Fred J $88,609
Previous Owner Thacker Debra A $64,600
Previous Owner Piper Kelli A $67,500
Previous Owner Johnson Dennis R $35,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2020 08/17/20 Sold $74,900 +2.7% $83 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $72,900 +255.6% $81 / Sq Ft
11/14/2019 11/14/19 Sold $20,500 +2.5% $23 / Sq Ft View Prior Sale
10/08/2019 10/08/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $20,000 -- $22 / Sq Ft
Source: MLS Now

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 $1,488 $36,099 $4,242 $31,857
2023 $1,988 $38,598 $5,548 $33,051
2022 $1,971 $38,598 $5,548 $33,051
2021 $1,970 $38,598 $5,548 $33,051
2020 $976 $16,180 $4,480 $11,700
2019 $970 $16,180 $4,480 $11,700
2018 $971 $16,180 $4,480 $11,700
2017 $988 $15,930 $3,890 $12,040
2016 $980 $15,930 $3,890 $12,040
2015 $924 $15,930 $3,890 $12,040
2014 $922 $15,930 $3,890 $12,040
2013 $915 $15,930 $3,890 $12,040
Source: Public Records

Agents Affiliated with this Home

  • Anthony Mendez

    Seller's Agent in 2020

    Anthony Mendez

    House to Home Real Estate Professionals, LLC.

    (440) 787-8875

    53 in this area

    197 Total Sales

    Anthony Mendez
    Section Image
  • Michelle Ramirez

    Buyer's Agent in 2020

    Michelle Ramirez

    Howard Hanna

    (440) 371-3750

    43 in this area

    242 Total Sales

    Michelle Ramirez
    Section Image
  • Debra Foreback

    Seller's Agent in 2019

    Debra Foreback

    RE/MAX

    (216) 373-2882

    2 in this area

    39 Total Sales

    Debra Foreback
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4204106

MLS Now

APN: 02-00-051-118-018

Ohio Lorain County Lorain 44052

450 Iowa Ave, Lorain, OH

Not Listed for Sale

Detached

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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.