NOT LISTED FOR SALE

516 Furnace St Elyria, OH 44035

Estimated Value: $77,000 - $116,561

2 Beds
1 Bath
720 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $53,000 $74 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $625/month

8 Days on Market

Highlights

  • Above Ground Pool
  • No HOA
  • Porch
  • City View
  • 1 Car Detached Garage
  • 4-minute walk to Cascade Park

About This Home

As of September 2018

Easy 1 floor living in this super cute Ranch home with 2 bedrooms & 1 bath! Kitchen comes fully equipped with all appliances. Lots of natural light shimmers throughout the home. Newer windows in first bedroom. Updated, custom trim in second bedroom. Ceiling fans located in kitchen, family room and both bedrooms. Washer/dryer remain. Boasts lovely curb appeal with beautiful landscaping. The fully fenced, private backyard won't disappoint with covered patio and above ground swimming pool. 1 car detached garage is easily accessed. A must see!

Last Agent to Sell the Property

Andrea Snyder

Russell Real Estate Services License #2008002929 Listed on: 08/08/2018

Russell Real Estate Services

Last Buyer's Agent

Donna Miranda

Deleted Agent License #2017001452

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42x125
  • East Facing Home
  • Privacy Fence
  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • S Mendelsons Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-24-051-104-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1951
  • ResoPoolFeatures: Above Ground
  • Reso View: City
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: S Mendelsons
  • Above Grade Finished Sq Ft: 720.0
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Privacy, Wood
  • Acres: 0.11
  • View: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Electricity, Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-24-051-104-012
  • Lot Dimensions: 42x125
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 980.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Sep 26, 2018
Sold by
Boskovitch Frank F and Boskovitch Rachel A
Bought by
Banks Johnny L and Banks Rebecca L
Seller's Agent
Andrea Snyder
Russell Real Estate Services
Buyer's Agent
Donna Miranda
Deleted Agent
List Price
$67,500
Sold Price
$53,000
Premium/Discount to List
-$14,500
-21.48%
Current Estimated Value
$99,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,390
Avg. Annual Appreciation
6.55%
Original Mortgage
$52,040
Outstanding Balance
$45,844
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$36,542
Source: Public Records

Range of Values:

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Average Value
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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
Banks Johnny L $53,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Johnny L $52,040
Previous Owner Boskovitch Frank $3,524
Previous Owner Boskovitch Frank $62,463
Previous Owner Boskovitch Frank F $57,800
Previous Owner Boskovitch Frank F $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $53,000 -21.5% $74 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $67,500 -- $94 / 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 $1,049 $21,469 $5,124 $16,345
2023 $1,038 $18,445 $4,162 $14,284
2022 $1,002 $18,445 $4,162 $14,284
2021 $1,037 $18,445 $4,162 $14,284
2020 $1,022 $16,430 $3,710 $12,720
2019 $1,000 $16,430 $3,710 $12,720
2018 $1,001 $16,430 $3,710 $12,720
2017 $980 $15,410 $3,220 $12,190
2016 $967 $15,410 $3,220 $12,190
2015 $906 $15,410 $3,220 $12,190
2014 $895 $15,410 $3,220 $12,190
2013 $887 $15,410 $3,220 $12,190
Source: Public Records

Agents Affiliated with this Home

  • Andrea Snyder

    Seller's Agent in 2018

    Andrea Snyder

    Russell Real Estate Services

    (330) 441-1162

    26 Total Sales

    Andrea Snyder
    Section Image

  • D

    Buyer's Agent in 2018

    Donna Miranda

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4026374

MLS Now

APN: 06-24-051-104-012

Ohio Lorain County Elyria 44035

516 Furnace St, Elyria, OH

This home is located at 516 Furnace St, Elyria, OH 44035 since 08 August 2018 and is currently estimated at $99,390, approximately $138 per square foot. This property was built in 1951. 516 Furnace St is a home located in Lorain County with nearby schools including Ely Elementary School, Northwood Middle School, and Elyria High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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