NOT LISTED FOR SALE

505 Franklin Ave Amherst, OH 44001

Estimated Value: $177,000 - $217,000

3 Beds
2 Baths
1,248 Sq Ft
$159/Sq Ft Est. Value

About This Home

This home is located at 505 Franklin Ave, Amherst, OH 44001 and is currently estimated at $198,446, approximately $159 per square foot. 505 Franklin Ave is a home located in Lorain County with nearby schools including Powers Elementary School, Walter G. Nord Middle School, and Amherst Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2004
Sold by
Allen Michael J
Bought by
Kelley Jennifer S
Current Estimated Value
$198,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,804
Outstanding Balance
$56,640
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$141,806

Purchase Details

Closed on
Sep 30, 2003
Sold by
Dickinson Sherrie A and Dickinson Sherrie A
Bought by
Allen Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1998
Sold by
Shimer Timothy B and Shimer Barbara J
Bought by
Dickinson Sherrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.62%
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.

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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.

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First American

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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.

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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
Kelley Jennifer S $122,700 Elyria Land Title
Allen Michael J $82,000 --
Dickinson Sherrie A $92,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Jennifer S $120,804
Previous Owner Allen Michael J $102,000
Previous Owner Dickinson Sherrie A $73,600
Source: Public Records

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 $1,958 $48,458 $8,628 $39,830
2023 $1,911 $39,844 $8,078 $31,766
2022 $1,832 $39,844 $8,078 $31,766
2021 $1,837 $39,844 $8,078 $31,766
2020 $1,754 $33,790 $6,850 $26,940
2019 $1,719 $33,790 $6,850 $26,940
2018 $1,745 $33,790 $6,850 $26,940
2017 $1,761 $32,340 $5,810 $26,530
2016 $1,775 $32,340 $5,810 $26,530
2015 $1,765 $32,340 $5,810 $26,530
2014 $1,627 $29,670 $5,330 $24,340
2013 $1,632 $29,670 $5,330 $24,340
Source: Public Records

Map

Ohio Lorain County Amherst 44001

505 Franklin Ave, Amherst, OH

This home is located at 505 Franklin Ave, Amherst, OH 44001 and is currently estimated at $198,446, approximately $159 per square foot. 505 Franklin Ave is a home located in Lorain County with nearby schools including Powers Elementary School, Walter G. Nord Middle School, and Amherst Junior High School.

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