NOT LISTED FOR SALE

4518 Riverside Dr Lorain, OH 44055

Estimated Value: $78,000 - $115,000

2 Beds
1 Bath
864 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $55,000 $64 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $578/month

11 Days on Market

Highlights

  • 1 Fireplace
  • Shed
  • 1-Story Property
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2023

Investor/Handyman special! This charming slab ranch offers great potential for renovation and customization. With a modest footprint, this home features a cozy layout that can be transformed into a comfortable living space with some TLC. Previously a 3 bedroom home but can easily be converted back. 10x12 shed only 8 years old and has electric. The property's location is convenient, with easy access to nearby highways and amenities. This home is perfect for those looking for a project to make their own or for investors seeking a smart investment opportunity. Schedule your showing today!

Last Agent to Sell the Property

Jessica Allgood

Keller Williams Citywide License #2018001055 Listed on: 05/19/2023

Keller Williams Citywide

Last Buyer's Agent

Paty Opron

Howard Hanna License #2007003706

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 1956

Lot Details

  • 5,663

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Shed
  • 5,663 Sq Ft Lot

Community Details

  • Homewood Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-078-117-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,053

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 63.66
  • Estimated Price per Sq Ft: 63.66
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 864
  • Year Built: 1956
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Slab
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 864.00
  • Sq Ft Approx Total Finished: 864.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Shed
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Gas, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Homewood

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 03-00-078-117-030
  • LandLeaseYN: No

Tax Info

  • Tax: 1053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 21, 2023
Sold by
Sherrod Bobbie L
Bought by
Alvarado Juan
Seller's Agent
Jessica Allgood
Keller Williams Citywide
Buyer's Agent
Paty Opron
Howard Hanna
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Views
137
Current Estimated Value
$93,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,336
Avg. Annual Appreciation
22.65%

Purchase Details

Closed on
Aug 26, 2010
Sold by
First Federal Savings & Loan Association
Bought by
Sherrod Bobbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,300
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 16, 2009
Sold by
Yurch Charles A
Bought by
First Federal Savings & Loan Association

Purchase Details

Closed on
May 6, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Yurch Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Mckinney James H
Bought by
Deutsche Bank National Trust Co and Impac Secured Assets Corp Mortgage Pass

Purchase Details

Closed on
Sep 18, 2002
Sold by
Estate Of Millie M Mckinney
Bought by
Mckinney James
Source: Public Records
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
Alvarado Juan $55,000 Erieview Title Agency
Sherrod Bobbie L $34,000 Examco Title Services
First Federal Savings & Loan Association $40,000 Attorney
Yurch Charles A $55,000 Sovereign Title Agency Llc
Deutsche Bank National Trust Co $60,000 --
Mckinney James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherrod Bobbie L $32,300
Previous Owner Yurch Charles A $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2023 06/23/23 Sold $55,000 -21.3% $64 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $69,900 -- $81 / 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 $1,113 $26,331 $9,877 $16,454
2023 $1,062 $20,094 $5,915 $14,179
2022 $1,053 $20,094 $5,915 $14,179
2021 $1,053 $20,094 $5,915 $14,179
2020 $976 $16,180 $4,760 $11,420
2019 $970 $16,180 $4,760 $11,420
2018 $1,036 $16,180 $4,760 $11,420
2017 $1,101 $17,320 $6,370 $10,950
2016 $1,093 $17,320 $6,370 $10,950
2015 $1,032 $17,320 $6,370 $10,950
2014 $986 $16,570 $6,100 $10,470
2013 $979 $16,570 $6,100 $10,470
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4460350

MLS Now

APN: 03-00-078-117-030