NOT LISTED FOR SALE

506 Franklin Ave Amherst, OH 44001

Estimated Value: $200,003 - $215,000

4 Beds
1 Bath
1,504 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $133,000 $88 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,297/month

144 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Deck
  • Porch
  • Privacy Fence

About This Home

As of May 2020

This spacious 4 bedroom colonial has just been refreshed and is waiting for it’s new owners! All new in 2019- carpet throughout the home, new concrete back steps, one new garage door and has been completely freshly painted. All new mini blinds and some siding has been replaced! Located near to town and offering 2 bedrooms, full bath and laundry room all on the main floor along with large living room, small office or playroom and ample size dinette area. Upstairs you will find 2 additional bedrooms and a roomy loft area! Home also offers an incredibly large rear yard with full privacy fence and 2 car detached garage. See attachments for other updates!

Last Agent to Sell the Property

Lori Elswick

Berkshire Hathaway HomeServices Lucien Realty License #2017000372 Listed on: 10/14/2019

Berkshire Hathaway HomeServices Lucien Realty

Last Buyer's Agent

Erik Pettet

Keller Williams Elevate License #2013003312

Keller Williams Elevate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,081

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 77x150
  • Privacy Fence
  • Wood Fence

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 05-00-024-120-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,081

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 88.43
  • Estimated Price per Sq Ft: 88.43
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1504
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Dishwasher, Range
  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1504.00
  • Sq Ft Approx Total Finished: 1504.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Porch
  • Fences: Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Amherst EVSD
  • School District: Amherst EVSD

Lot Info

  • Lot Dimensions: 77x150
  • Lot Size Units: Acres
  • Acres: 0.2600
  • Parcel Number: 05-00-024-120-001

Tax Info

  • Tax: 2081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
May 5, 2020
Sold by
Lee Robert
Bought by
Baer Corey L
Seller's Agent
Lori Elswick
Berkshire Hathaway HomeServices Lucien Realty
Buyer's Agent
Erik Pettet
Keller Williams Elevate
List Price
$136,500
Sold Price
$133,000
Premium/Discount to List
-$3,500
-2.56%
Current Estimated Value
$209,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,001
Avg. Annual Appreciation
8.63%
Original Mortgage
$129,268
Outstanding Balance
$115,186
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$93,815

Purchase Details

Listed on
Feb 26, 2013
Closed on
Apr 26, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Robert
Seller's Agent
Jeff Smutek
Deleted Agent
Buyer's Agent
Lori Elswick
Deleted Agent
List Price
$59,900
Sold Price
$54,800
Premium/Discount to List
-$5,100
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$43,840
Interest Rate
3.51%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 7, 2013
Sold by
Herwig Todd
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 22, 2005
Sold by
Duncan Barbara
Bought by
Duncan Barbara and Herwig Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,005
Interest Rate
8.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 1998
Sold by
Estate Of Bruce F Schnaak
Bought by
Duncan Barbara
Source: Public Records

Range of Values:

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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
Baer Corey L $133,000 None Available
Lee Robert $54,800 None Available
Federal Home Loan Mortgage Corporation $72,000 None Available
Duncan Barbara -- --
Duncan Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baer Corey L $129,268
Previous Owner Lee Robert $43,840
Previous Owner Duncan Barbara $75,005
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2020 05/01/20 Sold $133,000 -2.6% $88 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
12/16/2019 12/16/19 For Sale $136,500 +2.6% $91 / Sq Ft
11/05/2019 11/05/19 Off Market $133,000 -- --
10/14/2019 10/14/19 For Sale $124,900 +127.9% $83 / Sq Ft
05/06/2013 05/06/13 Sold $54,800 -8.5% $36 / Sq Ft View Prior Sale
03/20/2013 03/20/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $59,900 -- $40 / 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 $2,265 $56,084 $15,267 $40,817
2023 $2,396 $46,757 $14,298 $32,459
2022 $2,303 $46,757 $14,298 $32,459
2021 $2,309 $46,757 $14,298 $32,459
2020 $2,267 $39,660 $12,130 $27,530
2019 $2,226 $39,660 $12,130 $27,530
2018 $2,088 $39,660 $12,130 $27,530
2017 $2,095 $37,480 $10,280 $27,200
2016 $2,112 $37,480 $10,280 $27,200
2015 $2,103 $37,480 $10,280 $27,200
2014 $1,939 $34,390 $9,430 $24,960
2013 $1,892 $34,390 $9,430 $24,960
Source: Public Records

Agents Affiliated with this Home

  • Lori Elswick

    Seller's Agent in 2020

    Lori Elswick

    Berkshire Hathaway HomeServices Lucien Realty

    (440) 396-5431

    11 in this area

    100 Total Sales

    Lori Elswick
    Section Image

  • E

    Buyer's Agent in 2020

    Erik Pettet

    Keller Williams Elevate

    (440) 935-0705

    1 Total Sale

    Erik Pettet
    Section Image

  • J

    Seller's Agent in 2013

    Jeff Smutek

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4142337

MLS Now

APN: 05-00-024-120-001

Ohio Lorain County Amherst 44001

506 Franklin Ave, Amherst, OH

This home is located at 506 Franklin Ave, Amherst, OH 44001 since 14 October 2019 and is currently estimated at $209,001, approximately $138 per square foot. This property was built in 1900. 506 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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