NOT LISTED FOR SALE

516 E 41st St Lorain, OH 44052

Estimated Value: $96,000 - $144,000

3 Beds
1 Bath
1,112 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $40,000 $36 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $767/month

6 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating System

About This Home

As of September 2021

Great opportunity for an income generating property or a first time homebuyer. This bungalow home features a bonus first floor bedroom that was an addition to the home. Hardwood floors run through the dining room and living room, as well as the upstairs bedrooms. Basement currently has an additional walk-in shower. Property features a two car garage. This home is tenant occupied, please do not approach the property without a licensed real estate agent present.

Last Agent to Sell the Property

David Axford

Russell Real Estate Services License #2017005678 Listed on: 08/12/2021

Russell Real Estate Services

Last Buyer's Agent

Heather Hill

Deleted Agent License #2015004366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,112 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 03-00-103-120-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$987

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow
  • Price Per Square Foot: 35.97
  • Estimated Price per Sq Ft: 35.97
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1112
  • Year Built: 1940
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Unfinished
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1112.00
  • Sq Ft Approx Total Finished: 1112.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 03-00-103-120-013

Tax Info

  • Tax: 987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 7, 2021
Sold by
Northwest Bank
Bought by
Campbell Daniel
Seller's Agent
David Axford
Russell Real Estate Services
Buyer's Agent
Heather Hill
Deleted Agent
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$122,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,422
Avg. Annual Appreciation
29.10%
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
Campbell Daniel $40,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2021 09/08/21 Sold $40,000 -11.1% $36 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $45,000 -- $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 $1,597 $30,415 $5,985 $24,430
2023 $993 $18,015 $5,166 $12,849
2022 $1,245 $18,015 $5,166 $12,849
2021 $1,086 $18,015 $5,166 $12,849
2020 $1,029 $16,240 $4,660 $11,580
2019 $1,403 $16,240 $4,660 $11,580
2018 $1,392 $16,240 $4,660 $11,580
2017 $1,504 $16,440 $2,880 $13,560
2016 $1,515 $16,440 $2,880 $13,560
2015 $1,517 $16,440 $2,880 $13,560
2014 $976 $17,260 $3,030 $14,230
2013 $976 $17,260 $3,030 $14,230
Source: Public Records

Agents Affiliated with this Home

  • David Axford

    Seller's Agent in 2021

    David Axford

    Russell Real Estate Services

    (440) 281-3010

    19 in this area

    129 Total Sales

    David Axford
    Section Image

  • H

    Buyer's Agent in 2021

    Heather Hill

    Deleted Agent

    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Josh Campbell

    Russell Real Estate Services

    (441) 787-9953

    25 in this area

    57 Total Sales

    Josh Campbell
    Section Image
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Map

Source: MLS Now

MLS Number: 4305443

MLS Now

APN: 03-00-103-120-013

Ohio Lorain County Lorain 44052

516 E 41st St, Lorain, OH

Not Listed for Sale

Detached

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