NOT LISTED FOR SALE

477 Colorado Ave Lorain, OH 44052

Estimated Value: $84,875 - $94,000

3 Beds
1 Bath
576 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $84,900 $147 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $550/month

86 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of May 2024

This Home's got connections! Easy to get anywhere in town from the convenient location of this 2/3 bedroom style Bungalow, great curb appeal, partial fenced yard, spacious dining room, welcoming living room, first floor bedroom, tandem bedroom(s) on second level, first floor full bath, waterproofed basement, insulated, updated kitchen, close to Beautiful Lake Erie, shopping, restaurants , Lorain downtown area and so much more. Great investment property...call today!

Last Agent to Sell the Property

Andrea Neal

Russell Real Estate Services Brokerage Email: 4nealdeals@gmail.com 440-315-0686 License #2004002356 Listed on: 01/12/2024

Russell Real Estate Services

Last Buyer's Agent

Rob Rogers

Howard Hanna License #2015005456

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $738

Year Built

  • Built in 1935

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 576 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-110-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$738

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1935
  • Attribution Contact: 4nealdeals@gmail.com 440-315-0686
  • Above Grade Finished Sq Ft: 576.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asbestos Shingle
  • Acres: 0.05
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Unknown, Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-003-110-023
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 738.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
May 15, 2024
Sold by
Labis Dennis
Bought by
Lawrence Kevin
Seller's Agent
Andrea Neal
Russell Real Estate Services
Buyer's Agent
Rob Rogers
Howard Hanna
List Price
$82,900
Sold Price
$84,900
Premium/Discount to List
$2,000
2.41%
Views
112
Current Estimated Value
$89,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,069
Avg. Annual Appreciation
4.39%
Original Mortgage
$82,057
Outstanding Balance
$80,954
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$9,015
Source: Public Records

Range of Values:

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
Lawrence Kevin $84,900 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Kevin $82,057
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $84,900 +2.4% $147 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $82,900 -- $144 / 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 $901 $21,315 $2,268 $19,047
2023 $738 $13,955 $1,799 $12,156
2022 $731 $13,955 $1,799 $12,156
2021 $731 $13,955 $1,799 $12,156
2020 $680 $11,270 $1,450 $9,820
2019 $676 $11,270 $1,450 $9,820
2018 $676 $11,270 $1,450 $9,820
2017 $643 $10,100 $1,130 $8,970
2016 $638 $10,100 $1,130 $8,970
2015 $602 $10,100 $1,130 $8,970
2014 $601 $10,100 $1,130 $8,970
2013 $597 $10,100 $1,130 $8,970
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5010976

MLS Now

APN: 02-01-003-110-023