NOT LISTED FOR SALE

502 Princeton Ave Elyria, OH 44035

Estimated Value: $145,000 - $171,000

3 Beds
1 Bath
1,089 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $71,000 $65 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $970/month

47 Days on Market

Highlights

  • City View
  • 1 Car Detached Garage
  • Patio
  • Corner Lot
  • Porch
  • 4-minute walk to East Park

About This Home

As of October 2016

Aluminum sided bungalow in the popular Eastern Heights Subdivision. Interior has been freshly painted, has vinyl replacement windows and beautiful hardwood flooring. Nice and clean - move in condition. Bathroom has ceramic tile on floor and walls and a shower over the tub. Full basement has glass block windows and can be easily finished for additional living space. Second floor features natural wood floors, plenty of storage space and bedroom. Home is conveniently located within walking distance of hospital, schools, recreation center and convenience shopping. There is a rear, sandstone patio along with hard rock water feature and decorative pond and lots of perennials and shrubs creating natural privacy. Washer, dryer, range and stainless refrigerator with ice maker and filtered water dispenser are included with home. There is an electric line dedicated for the addition of a dishwasher. Detached garage was freshly painted in June '16 and has electric door opener. Chain link fence on 2 sides of the yard. Raised garden area in back yard. Gas and electric hook up for range and dryer. Ample street and off street parking. New front porch railing. Wired for cable throughout the home. Steel side entry door with built in mini blind. GFCI plugs in kitchen, bath and laundry area. Columbia Gas is in the process of installing new main supply lines on Prospect Street; the sidewalk will be replaced by them after construction has been completed.

Last Agent to Sell the Property

Jackie Meinke

Deleted Agent License #2011002988 Listed on: 08/04/2016

Last Buyer's Agent

Walt schlegeilch

Coldwell Banker Schmidt Realty License #448230

Coldwell Banker Schmidt Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,382

Year Built

  • Built in 1951

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 51x130
  • South Facing Home
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,089 Sq Ft Home
  • 1.5-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 06-25-006-104-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,382

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • House Faces: South
  • Price Per Square Foot: 65.20
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1089
  • Year Built: 1951
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1951

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full, Unfinished
  • Estimated Sq Ft: 1089

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Exterior Features: Patio, Porch
  • Fences: Chain Link, Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 51x130
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 06-25-006-104-015

Tax Info

  • Tax: 1382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Oct 24, 2016
Sold by
Clark Katherine A
Bought by
Thome Brandon L
Seller's Agent
Jackie Meinke
Deleted Agent
Buyer's Agent
Walt schlegeilch
Coldwell Banker Schmidt Realty
List Price
$74,900
Sold Price
$71,000
Premium/Discount to List
-$3,900
-5.21%
Current Estimated Value
$157,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,430
Avg. Annual Appreciation
8.82%
Original Mortgage
$69,714
Outstanding Balance
$56,171
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$98,447
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Thome Brandon L $71,000 Old Republic National Title
Thome Brandon L $71,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thome Brandon L $69,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Sold $71,000 -5.2% $65 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $74,900 -- $69 / 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 $1,779 $37,597 $9,587 $28,011
2023 $1,697 $30,989 $7,742 $23,247
2022 $1,683 $30,989 $7,742 $23,247
2021 $1,687 $30,989 $7,742 $23,247
2020 $1,484 $24,250 $6,060 $18,190
2019 $1,475 $24,250 $6,060 $18,190
2018 $1,477 $24,250 $6,060 $18,190
2017 $1,455 $22,890 $6,140 $16,750
2016 $1,472 $22,890 $6,140 $16,750
2015 $1,381 $22,890 $6,140 $16,750
2014 $1,418 $23,780 $6,380 $17,400
2013 $1,406 $23,780 $6,380 $17,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jackie Meinke

    Deleted Agent

    Section Image

  • W

    Buyer's Agent in 2016

    Walt schlegeilch

    Coldwell Banker Schmidt Realty

    (216) 396-0519

    15 Total Sales

    Walt schlegeilch
    Section Image

  • K

    Buyer Co-Listing Agent in 2016

    Karen Woost

    Coldwell Banker Schmidt Realty

    (440) 785-8711

    19 Total Sales

    Karen Woost
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3833731

MLS Now

APN: 06-25-006-104-015

Ohio Lorain County Elyria 44035

502 Princeton Ave, Elyria, OH

Not Listed for Sale

Detached

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