NOT LISTED FOR SALE

505 Wood St Elyria, OH 44035

Estimated Value: $168,000 - $201,024

3 Beds
2 Baths
1,520 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $170,000 $112 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,150/month

2 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Eat-In Kitchen
  • Midview West Elementary School Rated 9+
  • 2 Car Attached Garage
  • Side Porch

About This Home

As of May 2024

Welcome to this delightful, split level home located in the Midview School System. This home has a total of 3 bedrooms, 2 FULL baths, all located on a spacious corner lot. This home offers the perfect blend of comfort, convenience, and character. Many of the big ticket items have been taken care of like new windows 2022, roof 2021, vinyl flooring 2022, exterior of home painted 2022, heat in garage 2020, and smart garage remote. Some updates have been completed inside, but seller is unable to finish everything. Flooring was installed by Home Depot, and the damaged areas will be repaired before closing. This home is conveniently located near major highways, providing a seamless commute to Downtown Cleveland and surrounding areas, with easy access to local shops, restaurants, and schools. Come put your own stamp on this home.
Schedule your showing today!

Last Agent to Sell the Property

Michelle McMahon

Russell Real Estate Services Brokerage Email: michellemcmahonsellshomes@gmail.com 440-667-7092 License #2019000599 Listed on: 03/07/2024

Russell Real Estate Services

Last Buyer's Agent

Sabrina Semidey

Realuxe Ohio License #2015003258

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 1979

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Split Level Home
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Side Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Fuller Nelson & Lindale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-00-004-112-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,985

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1979
  • Attribution Contact: michellemcmahonsellshomes@gmail.com 440-667-7092
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: Fuller Nelson & Lindale
  • Above Grade Finished Sq Ft: 1520.0
  • Architectural Style: Split-Level
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s), Eat-in Kitchen
  • Unit Levels: Three Or More, Multi/Split
  • Property Attached Yn: No
  • ResoWindowFeatures: Insulated Windows, Window Coverings, Window Treatments
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Storage Space
  • Basement: Yes
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Fire Pit
  • Roof: Asphalt, Fiberglass
  • Acres: 0.23
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Side Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Electricity, Garage Faces Front, Garage, Garage Door Opener, Heated Garage, Inside Entrance

Utilities

  • LaundryFeatures: Lower Level
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Midview LSD - 4710

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 10-00-004-112-033
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2985.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 9, 2024
Sold by
Patrick Carrie
Bought by
Camacho Rosemarie Lugo
Seller's Agent
Michelle McMahon
Russell Real Estate Services
Buyer's Agent
Sabrina Semidey
Realuxe Ohio
List Price
$150,000
Sold Price
$170,000
Premium/Discount to List
$20,000
13.33%
Views
79
Current Estimated Value
$183,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,756
Avg. Annual Appreciation
4.92%
Original Mortgage
$164,326
Outstanding Balance
$161,982
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$21,774

Purchase Details

Closed on
Jul 15, 2021
Sold by
Ericson Residential Properties Llc
Bought by
Patrick Carrie and Patrick Dallas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,297
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2011
Sold by
Bank Of America National Association
Bought by
Ericson Residential Properties Llc

Purchase Details

Closed on
Jul 21, 2010
Sold by
Day Richard
Bought by
Bank Of America National Association

Purchase Details

Closed on
Aug 24, 1994
Sold by
Mandell Edward H
Bought by
Day Richard and Day Heather V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,350
Interest Rate
8.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Camacho Rosemarie Lugo $170,000 Infinity Title
Patrick Carrie $94,000 None Available
Ericson Residential Properties Llc $31,000 Omega Title Agency Llc
Bank Of America National Association $55,056 None Available
Day Richard $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camacho Rosemarie Lugo $164,326
Previous Owner Patrick Carrie $92,297
Previous Owner Day Richard $69,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $170,000 +13.3% $112 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $150,000 -- $99 / 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 $2,252 $53,078 $9,184 $43,894
2023 $1,497 $32,442 $7,231 $25,211
2022 $1,493 $32,442 $7,231 $25,211
2021 $1,539 $32,442 $7,231 $25,211
2020 $1,501 $29,440 $6,560 $22,880
2019 $1,495 $29,440 $6,560 $22,880
2018 $1,514 $29,440 $6,560 $22,880
2017 $1,413 $25,400 $3,580 $21,820
2016 $1,412 $25,400 $3,580 $21,820
2015 $1,421 $25,400 $3,580 $21,820
2014 $1,405 $24,670 $3,480 $21,190
2013 $1,449 $24,670 $3,480 $21,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5022147

MLS Now

APN: 10-00-004-112-033