506 W 27th St Lorain, OH 44055
Estimated Value: $108,000 - $123,000
4
Beds
2
Baths
1,671
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Community Playground
- Shed
- Porch
- Park
- Forced Air Heating and Cooling System
About This Home
As of November 2023This wonderfully maintained 4 bed, 2 bath colonial style home is conveniently located a short distance away from restaurants, parks, and shops. Enter through the front door into a cozy foyer, perfect for hanging your coats before you enter the home. The primary family room is situated in the front of the home and is full of natural light. A spacious formal dining room is the heart of this home and offers ample space for entertaining friends and family. Access to the backyard & driveway from the kitchen makes unloading groceries and outdoor entertaining a breeze. All four bedrooms are on the second floor and each has neutral walls and carpeting. The shared upstairs bath includes a shower/tub combo. A paved driveway runs along the side of the house and into the well manicured backyard. The backyard is spacious and includes a shed that is ideal for outdoor storage. Additional updates include, new roof, installation of central air system, and new furnace that includes air filtration and humidifier system all in 2021.
Last Agent to Sell the Property
RE/MAX Crossroads Properties License #2016003431 Listed on: 08/22/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,108
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x139
- Southeast Facing Home
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,671 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Shed
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-01-003-189-012
Community Details
Overview
- Woods Add Community
Recreation
- Community Playground
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2023
Closed on
Nov 7, 2023
Sold by
Otero Eduardo and Otero Tracy
Bought by
Ockers Bernard
Seller's Agent
Anthony Latina
RE/MAX Crossroads Properties
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$99,900
Sold Price
$97,500
Premium/Discount to List
-$2,400
-2.4%
Total Days on Market
36
Views
137
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,122
Avg. Annual Appreciation
9.98%
Original Mortgage
$78,000
Outstanding Balance
$76,969
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$36,121
Purchase Details
Listed on
Aug 22, 2023
Closed on
Oct 24, 2023
Sold by
Grand Harbour Holdings Llc
Bought by
Otero Eduardo and Otero Tracy
Seller's Agent
Anthony Latina
RE/MAX Crossroads Properties
Buyer's Agent
Steven Lawson
Russell Real Estate Services
List Price
$99,900
Sold Price
$97,500
Premium/Discount to List
-$2,400
-2.4%
Views
137
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Outstanding Balance
$76,969
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$36,121
Purchase Details
Closed on
Jun 29, 2021
Sold by
Grand Harbour Holdings Llc
Bought by
Otero Eduardo and Otero Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,901
Interest Rate
2.9%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Jun 22, 2009
Sold by
Grand Harbour Holdings Llc
Bought by
Gilmore Charles S and Stormer Aliza L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,900
Interest Rate
4.92%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 8, 2008
Sold by
Grand Harbour Holdings Llc
Bought by
Figueroa Reggie E and Short Melissa S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.49%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 25, 2008
Sold by
Grand Harbour Holdings Llc
Bought by
Wright Clayshon R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,910
Interest Rate
6.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 18, 2008
Sold by
Wright Clayshon R
Bought by
Grand Harbor Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,910
Interest Rate
6.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 11, 2005
Sold by
Grand Harbour Holdings Llc
Bought by
Mills Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,701
Interest Rate
7.53%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 1, 2005
Sold by
Phadith Thanousone Thong and Mills Patricia
Bought by
Grand Harbour Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,701
Interest Rate
7.53%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 14, 2003
Sold by
Last Will Of Blanche Skorvanek and Skorvanek James J
Bought by
Grand Harbour Holdings Llc
Purchase Details
Closed on
Mar 18, 2003
Sold by
Skorvanek Blanche and Skorvanek John J
Bought by
Skorvanek James J
Similar Homes in Lorain, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ockers Bernard | $97,500 | None Listed On Document | |
| Otero Eduardo | $89,900 | None Listed On Document | |
| Otero Eduardo | -- | None Available | |
| Gilmore Charles S | $64,900 | None Available | |
| Figueroa Reggie E | $65,000 | None Available | |
| Wright Clayshon R | $79,900 | None Available | |
| Grand Harbor Holdings Llc | -- | Attorney | |
| Mills Patricia | $89,900 | -- | |
| Grand Harbour Holdings Llc | -- | -- | |
| Grand Harbour Holdings Llc | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ockers Bernard | $78,000 | |
| Previous Owner | Otero Eduardo | $84,901 | |
| Previous Owner | Gilmore Charles S | $64,900 | |
| Previous Owner | Figueroa Reggie E | $65,000 | |
| Previous Owner | Wright Clayshon R | $74,910 | |
| Previous Owner | Grand Harbour Holdings Llc | $243,201 | |
| Previous Owner | Mills Patricia | $88,701 | |
| Previous Owner | Grand Harbour Holdings Llc | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2023 11/06/23 | Sold | $97,500 | -2.4% | $58 / Sq Ft |
| 09/27/2023 09/27/23 | Pending | -- | -- | -- |
| 09/19/2023 09/19/23 | For Sale | $99,900 | 0.0% | $60 / Sq Ft |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- |
| 08/22/2023 08/22/23 | For Sale | $99,900 | -- | $60 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $1,295 | $31,406 | $3,668 | $27,738 |
| 2023 | $1,176 | $22,253 | $3,318 | $18,935 |
| 2022 | $1,108 | $22,253 | $3,318 | $18,935 |
| 2021 | $1,108 | $21,154 | $3,318 | $17,836 |
| 2020 | $1,128 | $18,700 | $2,930 | $15,770 |
| 2019 | $1,121 | $18,700 | $2,930 | $15,770 |
| 2018 | $1,071 | $18,700 | $2,930 | $15,770 |
| 2017 | $1,021 | $16,040 | $3,300 | $12,740 |
| 2016 | $1,013 | $16,040 | $3,300 | $12,740 |
| 2015 | $957 | $16,040 | $3,300 | $12,740 |
| 2014 | $884 | $14,860 | $3,060 | $11,800 |
| 2013 | $878 | $14,860 | $3,060 | $11,800 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Latina
Seller's Agent in 2023
Anthony Latina
RE/MAX Crossroads
(440) 465-5611
930 Total Sales
-
Steven Lawson
Buyer's Agent in 2023
Steven Lawson
Russell Real Estate Services
(440) 320-9888
431 Total Sales
Map
Source: MLS Now
MLS Number: 4481568
APN: 02-01-003-189-012
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