NOT LISTED FOR SALE

516 E 41st St Lorain, OH 44052

Lorain Area

Estimated Value: $125,069 - $150,000

3 Beds
1 Bath
1,112 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2021

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

Est. 243% increase in value since last sale

Current estimated payment $886 / mo

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

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot

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

Parking

  • 2 Car Detached Garage
  • Driveway

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

6,534 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 7, 2021
Sold by
Bought by
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
$137,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,017
Avg. Annual Appreciation
28.57%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lorain, OH

  • Allison Caputo Real Estate Agent - Howard Hanna

    Allison Caputo

    Howard Hanna

    (216) 859-1979

    99 Total Sales

    11 in Lorain

    $24K - $389K Price Range

    Allison Caputo
     Section Image
  • Doug Ryan Real Estate Agent - KW Classic Properties Realty

    Doug Ryan

    KW Classic Properties Realty

    (380) 333-6700

    90 Total Sales

    1 in Lorain

    $5,000,000 Price

    Doug Ryan
     Section Image
  • Feliz Colon Real Estate Agent - Keller Williams Living

    Feliz Colon

    Keller Williams Living

    (234) 704-3050

    179 Total Sales

    5 in Lorain

    $150K - $399K Price Range

    Feliz Colon
     Section Image
  • Edith Ross Real Estate Agent - Russell Real Estate Services

    Edith Ross

    Russell Real Estate Services

    (216) 677-6801

    159 Total Sales

    1 in Lorain

    $360,000 Price

    Edith Ross
     Section Image
  • Pamela Holley Real Estate Agent - Keller Williams Elevate

    Pamela Holley

    Keller Williams Elevate

    (216) 666-5481

    56 Total Sales

    1 in Lorain

    $183,000 Price

    Pamela Holley
     Section Image
  • Tresa Klein Real Estate Agent - Keller Williams Elevate

    Tresa Klein

    Keller Williams Elevate

    (440) 379-8357

    161 Total Sales

    1 in Lorain

    $309,500 Price

    Tresa Klein
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$40,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $60,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - Russell Real Estate Services

    Seller's Agent in 2021

    David Axford

    Russell Real Estate Services

    (440) 281-3010

    127 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

    46 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

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