NOT LISTED FOR SALE

505 Princeton Ave Elyria, OH 44035

Estimated Value: $141,000 - $185,000

3 Beds
1 Bath
1,089 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $120,000 $110 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,022/month

1 Day on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to East Park
  • Bungalow
  • 1-Story Property

About This Home

As of October 2020

Welcome home to this beautifully remodeled 3 bedroom bungalow where you'll have nothing to do but move in and enjoy! All the major mechanicals such as furnace, central air and water heater are all brand new and were installed within the last month. The foundation was totally rebuilt and is fully waterproofed. It's ready for you to come and add your finishing touches to make it the perfect man cave, play room or second family rec room. There are 2 bedrooms with beautiful hardwood floors on the main floor and one newly carpeted bedroom upstairs. Stainless steel kitchen appliances stay. As if all those new big ticket items weren't enough, the seller is also including a one year home warranty! Call to make your appointment today before this one is gone!

Last Agent to Sell the Property

Alene Loverde

Coldwell Banker Schmidt Realty License #2016003064 Listed on: 08/28/2020

Coldwell Banker Schmidt Realty

Last Buyer's Agent

Brock Morgan

Howard Hanna License #2015002756

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,089 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • East Broad Street Heights Community

Listing and Financial Details

  • Assessor Parcel Number 06-25-006-106-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,476

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • Price Per Square Foot: 110.19
  • Estimated Price per Sq Ft: 110.19
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1089
  • Year Built: 1950
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1089.00
  • Sq Ft Approx Total Finished: 1089.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: East Broad Street Heights

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 06-25-006-106-002

Tax Info

  • Tax: 1476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 23, 2020
Sold by
Jakubisin Stacy M
Bought by
Hollingsworth Jay and Renard Caitlin
Seller's Agent
Alene Loverde
Coldwell Banker Schmidt Realty
Buyer's Agent
Brock Morgan
Howard Hanna
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$160,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,346
Avg. Annual Appreciation
5.69%

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 27, 2018
Sold by
Coffman Jeff L and Coffman Kari A
Bought by
Jakubisin Stacy M
Seller's Agent
Denny Krasienko
Deleted Agent
Buyer's Agent
Dennis Breznak
Howard Hanna
List Price
$39,500
Sold Price
$31,500
Premium/Discount to List
-$8,000
-20.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.18%

Purchase Details

Closed on
Mar 3, 2004
Sold by
National City Bank
Bought by
Coffman Jeff L and Coffman Kari A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Miller Michael D and Miller Kelly J
Bought by
National City Bank
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
Hollingsworth Jay $120,000 Miller Home Title
Jakubisin Stacy M $31,500 Cleveland Home Title
Coffman Jeff L $63,000 --
National City Bank $65,013 Phoenix Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coffman Jeff L $56,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2020 10/06/20 Sold $120,000 +0.1% $110 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $119,900 +280.6% $110 / Sq Ft
07/31/2018 07/31/18 Sold $31,500 +6.8% $29 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
07/11/2018 07/11/18 Price Changed $29,500 -17.5% $27 / Sq Ft
07/01/2018 07/01/18 Price Changed $35,750 -9.5% $33 / Sq Ft
06/20/2018 06/20/18 Price Changed $39,500 0.0% $36 / Sq Ft
06/20/2018 06/20/18 For Sale $39,500 +25.4% $36 / Sq Ft
06/18/2018 06/18/18 Off Market $31,500 -- --
06/08/2018 06/08/18 Price Changed $43,000 -11.3% $39 / Sq Ft
06/01/2018 06/01/18 For Sale $48,500 -- $45 / 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 $2,220 $46,918 $8,726 $38,192
2023 $1,628 $29,883 $7,049 $22,834
2022 $1,622 $29,883 $7,049 $22,834
2021 $1,667 $29,883 $7,049 $22,834
2020 $1,415 $22,560 $5,520 $17,040
2019 $1,406 $22,560 $5,520 $17,040
2018 $1,434 $22,560 $5,520 $17,040
2017 $1,460 $22,420 $5,590 $16,830
2016 $1,441 $22,420 $5,590 $16,830
2015 $1,352 $22,420 $5,590 $16,830
2014 $1,388 $23,280 $5,810 $17,470
2013 $1,376 $23,280 $5,810 $17,470
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alene Loverde

    Coldwell Banker Schmidt Realty

    (440) 985-8929

    53 Total Sales

    Alene Loverde
    Section Image
  • Brock Morgan

    Buyer's Agent in 2020

    Brock Morgan

    Howard Hanna

    (440) 452-2724

    76 in this area

    178 Total Sales

    Brock Morgan
    Section Image

  • D

    Seller's Agent in 2018

    Denny Krasienko

    Deleted Agent

    Section Image

  • G

    Seller Co-Listing Agent in 2018

    Gayle Carrothers

    Deleted Agent

    Section Image
  • Dennis Breznak

    Buyer's Agent in 2018

    Dennis Breznak

    Howard Hanna

    (216) 323-4373

    3 in this area

    38 Total Sales

    Dennis Breznak
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4218921

MLS Now

APN: 06-25-006-106-002

Ohio Lorain County Elyria 44035

505 Princeton Ave, Elyria, OH

Not Listed for Sale

Detached

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