NOT LISTED FOR SALE

5112 Farr Ave Lorain, OH 44055

Estimated Value: $101,000 - $121,000

3 Beds
1 Bath
952 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $6,600 $7 Per Sq Ft

Est. 1,548% increase in value since last sale

Current estimated payment $659/month

154 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of January 2015

Great opportunity! Vinyl sided ranch with easy one floor living. Large eat in kitchen w/refrigerator, 3 bedrooms, living room. Large yard consists of 2 parcels and has a storage shed. Close to interstates, shopping, and tons of amenities. Sold as is. Please note taxes reflect the homestead exemption. Each parcel is 0.070 acres for a total of 0.140 acres.

Last Agent to Sell the Property

Jennifer Palame

RE/MAX Above & Beyond License #2004010425 Listed on: 08/29/2014

RE/MAX Above & Beyond

Last Buyer's Agent

Andrew Parker

Deleted Agent License #2001012203

Deleted Agent

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 30x113
  • Corner Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Liberty Community

Listing and Financial Details

  • Assessor Parcel Number 03-00-076-111-013

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Ranch
  • Price Per Square Foot: 6.93
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 952
  • Year Built: 1950
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 5
  • Living Area Sq Ft: 952
  • Estimated Total Living Area: 952
  • Estimated Sq Ft: 952

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Liberty

Schools

  • School District: Clearview LSD

Lot Info

  • Lot Dimensions: 30x113
  • Additional Assessor Parcel Number 1: 03-00-076-111-014
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1400
  • Parcel Number: 03-00-076-111-013

Tax Info

  • Tax: 645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Jan 22, 2015
Sold by
New York Community Bank
Bought by
Equity Trust Co and Roth T Cliffton Morris
Seller's Agent
Jennifer Palame
RE/MAX Above & Beyond
Buyer's Agent
Andrew Parker
Deleted Agent
List Price
$14,900
Sold Price
$6,600
Premium/Discount to List
-$8,300
-55.7%
Current Estimated Value
$108,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,154
Avg. Annual Appreciation
29.40%

Purchase Details

Closed on
Aug 18, 2014
Sold by
Simms Kenneth E
Bought by
New York Community 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
Equity Trust Co $6,600 U S Title Agency Inc
New York Community Bank $14,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $6,600 -55.7% $7 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
08/29/2014 08/29/14 For Sale $14,900 -- $16 / 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 $1,072 $23,881 $4,036 $19,845
2023 $1,526 $17,374 $2,919 $14,455
2022 $1,008 $17,374 $2,919 $14,455
2021 $1,049 $17,374 $2,919 $14,455
2020 $965 $15,180 $2,550 $12,630
2019 $960 $15,180 $2,550 $12,630
2018 $964 $15,180 $2,550 $12,630
2017 $956 $13,680 $1,750 $11,930
2016 $965 $13,680 $1,750 $11,930
2015 $966 $13,680 $1,750 $11,930
2014 $377 $14,350 $1,830 $12,520
2013 $377 $14,350 $1,830 $12,520
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Palame

    Seller's Agent in 2015

    Jennifer Palame

    RE/MAX

    (440) 546-1313

    24 Total Sales

    Jennifer Palame
    Section Image

  • A

    Buyer's Agent in 2015

    Andrew Parker

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 3649482

MLS Now

APN: 03-00-076-111-013

Ohio Lorain County Lorain 44055

5112 Farr Ave, Lorain, OH

Not Listed for Sale

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