NOT LISTED FOR SALE

505 E 42nd St Lorain, OH 44052

Estimated Value: $190,000 - $245,182

3 Beds
1.5 Baths
1,705 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $152,000 $89 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,496/month

5 Days on Market

Highlights

  • 0.41 Acre Lot
  • 4 Car Garage
  • Baseboard Heating
  • 2 Fireplaces
  • Enclosed Patio or Porch
  • Heating System Uses Steam

About This Home

As of July 2021

Welcome home! This brick ranch sits on nearly half an acre and offers 3 generous size bedrooms, 1.5 bathrooms, large kitchen with dining area, spacious living room with fireplace, a sun room, and laundry all on the main floor. The basement is full size and also features a fireplace. This home not only has the two car attached garage but also a detached two car garage with has heat and water. This is a great home for the price! Home is being sold as-is as this is an estate.

Last Agent to Sell the Property

Amy Price

House to Home Real Estate Professionals, LLC. License #2015003380 Listed on: 06/25/2021

Last Buyer's Agent

Debora Ferrara

Russell Real Estate Services License #2003001634

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,825

Year Built

  • Built in 1951

Lot Details

  • 0.41 Acre Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,705 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 4 Car Garage
  • Heated Garage
  • Garage Drain
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch
  • Outbuilding

Utilities

  • Baseboard Heating
  • Heating System Uses Steam

Community Details

  • Broadway Gardens Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-108-102-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,825

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 89.15
  • Estimated Price per Sq Ft: 89.15
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1705
  • Year Built: 1951
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Fireplaces: 2
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 10
  • Basement Detail: Full
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1705.00
  • Sq Ft Approx Total Finished: 1705.00

Exterior Features

  • Exterior: Brick
  • Exterior Features: Enclosed Patio/Porch, Outbuilding, Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Detached, Door Opener, Drain, Electric, Heated, Water Available
  • Garage Num Of Cars: 4

Utilities

  • Heating Type: Baseboard, Hot Water/Steam
  • Water/Sewer: Public Water

Condo/Co-op/Association

  • Subdivision Complex: Broadway Gardens

Schools

  • School District: Clearview LSD
  • School District: Clearview LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.4100
  • Parcel Number: 03-00-108-102-013

Tax Info

  • Tax: 2825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 29, 2021
Sold by
Falish Cindy L and Estate Of Sandra A Mihuta
Bought by
Dobbins Kristina M and Dobbins Douglas A
Seller's Agent
Amy Price
House to Home Real Estate Professionals, LLC.
Buyer's Agent
Debora Ferrara
Russell Real Estate Services
List Price
$139,900
Sold Price
$152,000
Premium/Discount to List
$12,100
8.65%
Current Estimated Value
$212,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,952
Avg. Annual Appreciation
7.91%
Original Mortgage
$147,440
Outstanding Balance
$134,704
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$72,068
Source: Public Records

Range of Values:

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Average Value
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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
Dobbins Kristina M $152,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobbins Kristina M $147,440
Previous Owner Mihuta Thomas J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $152,000 +8.6% $89 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $139,900 -- $82 / 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 $3,965 $93,706 $11,844 $81,862
2023 $2,832 $53,022 $10,227 $42,795
2022 $2,906 $53,022 $10,227 $42,795
2021 $2,538 $53,022 $10,227 $42,795
2020 $2,350 $47,760 $9,210 $38,550
2019 $3,226 $47,760 $9,210 $38,550
2018 $3,201 $47,760 $9,210 $38,550
2017 $3,178 $43,870 $5,570 $38,300
2016 $3,202 $43,870 $5,570 $38,300
2015 $3,207 $43,870 $5,570 $38,300
2014 $1,724 $46,030 $5,840 $40,190
2013 $1,724 $46,030 $5,840 $40,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4291645

MLS Now

APN: 03-00-108-102-013