NOT LISTED FOR SALE

514 Furnace St Elyria, OH 44035

Estimated Value: $70,000 - $118,842

2 Beds
1 Bath
750 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $54,900 $73 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $575/month

8 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • 3-minute walk to Cascade Park
  • Forced Air Heating System

About This Home

As of December 2021

Great opportunity for first time home buyers or investors. Updates include kitchen, bathroom and windows. Laundry room off kitchen. If your looking for easy one floor living this may be the home for you. Easy access to shopping, highways, medical, parks and schools! Call for your tour today.

Last Agent to Sell the Property

Ken Keiffer

Northern Ohio Realty License #311666 Listed on: 11/22/2021

Last Buyer's Agent

Tammy Smith

Russell Real Estate Services License #331465

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 40x123

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 06-24-052-104-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$944

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Price Per Square Foot: 73.20
  • Estimated Price per Sq Ft: 73.20
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 750
  • 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

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Slab
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 750.00
  • Sq Ft Approx Total Finished: 750.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Schools

  • School District: Elyria CSD
  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 40x123
  • Lot Size Units: Acres
  • Parcel Number: 06-24-052-104-007

Tax Info

  • Tax: 944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2024
Sold by
Smith Mark J and Smith Tammy L
Bought by
Btmt Properties Llc
Current Estimated Value
$89,711

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 27, 2021
Sold by
Gill Investments Llc
Bought by
Smith Mark J and Smith Tammy L
Seller's Agent
Ken Keiffer
Northern Ohio Realty
Buyer's Agent
Tammy Smith
Russell Real Estate Services
List Price
$54,900
Sold Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Gill Investments Llc

Purchase Details

Closed on
Jun 4, 2010
Sold by
Malone Scott D
Bought by
Us Bank Na

Purchase Details

Closed on
May 18, 2010
Sold by
U S Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 28, 2005
Sold by
Elbert Investments Llc
Bought by
Malone Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,420
Interest Rate
5.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2004
Sold by
Baumhart Road Properties Inc
Bought by
Elbert Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Btmt Properties Llc -- None Listed On Document
Smith Mark J $54,900 Network Land Title Agcy Llc
Gill Investments Llc $18,500 Lakeside Title & Escrow Agen
Us Bank Na $30,000 None Available
Secretary Of Housing & Urban Development -- None Available
Malone Scott D $74,000 Elyria Land Title
Elbert Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gill Investments Lc $60,000
Previous Owner Malone Scott D $73,420
Previous Owner Elbert Investments Llc $160,000
Closed Smith Mark J $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $54,900 0.0% $73 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $54,900 -- $73 / 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 $1,055 $21,595 $5,124 $16,471
2023 $952 $16,898 $4,162 $12,737
2022 $940 $16,898 $4,162 $12,737
2021 $943 $16,898 $4,162 $12,737
2020 $944 $15,050 $3,710 $11,340
2019 $938 $15,050 $3,710 $11,340
2018 $940 $15,050 $3,710 $11,340
2017 $948 $14,550 $3,220 $11,330
2016 $936 $14,550 $3,220 $11,330
2015 $878 $14,550 $3,220 $11,330
2014 $868 $14,550 $3,220 $11,330
2013 $860 $14,550 $3,220 $11,330
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Ken Keiffer

    Northern Ohio Realty

    (440) 355-5922

    64 in this area

    231 Total Sales

    Ken Keiffer
    Section Image
  • Tammy Smith

    Buyer's Agent in 2021

    Tammy Smith

    Russell Real Estate Services

    (440) 728-7535

    18 in this area

    47 Total Sales

    Tammy Smith
    Section Image
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Map

Source: MLS Now

MLS Number: 4335038

MLS Now

APN: 06-24-052-104-007

Ohio Lorain County Elyria 44035

514 Furnace St, Elyria, OH

This home is located at 514 Furnace St, Elyria, OH 44035 since 22 November 2021 and is currently estimated at $89,711, approximately $119 per square foot. This property was built in 1950. 514 Furnace St is a home located in Lorain County with nearby schools including Ely Elementary School, Northwood Middle School, and Elyria High School.

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