NOT LISTED FOR SALE

517 Gulf Rd Elyria, OH 44035

Estimated Value: $211,309 - $260,000

3 Beds
2.5 Baths
1,450 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $203,000 $140 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,466/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Shed
  • Wooded Lot
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Schedule a showing for this beauty today! This updated home offers 3 bedrooms, 2.5 bathrooms, a finished
basement and did I mention that it's move-in ready? Updates include: furnace, fridge, microwave - 2019. Deck,
Pella windows, new roof on garage and house, new interior doors, new sump pump, kitchen, half bath, bathroom
flooring - 2020. Dishwasher, carpet on 2nd floor - 2022. This home has everything you could want all on a
gorgeous fenced in lot with an over sized two car garage!

Last Agent to Sell the Property

Molly Riddick

Russell Real Estate Services License #2019002806 Listed on: 06/08/2022

Russell Real Estate Services

Co-Listed By

Alyssa Johnson

Russell Real Estate Services License #2020004699

Last Buyer's Agent

Molly Riddick

Russell Real Estate Services License #2019002806 Listed on: 06/08/2022

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1940

Lot Details

  • Wooded Lot

Home Design

  • 1,450 Sq Ft Home
  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

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

Community Details

  • Gulfhurst 01 Community

Listing and Financial Details

  • Assessor Parcel Number 06-25-038-101-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,224

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 140.00
  • Estimated Price per Sq Ft: 140.00
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 1450
  • Year Built: 1940
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator, Sump Pump
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Finished, Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1450.00
  • Sq Ft Approx Total Finished: 1450.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Enclosed Patio/Porch, Shed
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Gulfhurst 01

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Parcel Number: 06-25-038-101-031
  • LandLeaseYN: No

Tax Info

  • Tax: 2224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jun 30, 2022
Sold by
Merritt Lisa M and Merritt Jason W
Bought by
Brewer Ashley Elizabeth and Cicone Ryan
Seller's Agent
Molly Riddick
Russell Real Estate Services
Buyer's Agent
Molly Riddick
Russell Real Estate Services
List Price
$179,900
Sold Price
$203,000
Premium/Discount to List
$23,100
12.84%
Current Estimated Value
$229,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,577
Avg. Annual Appreciation
3.53%
Original Mortgage
$159,200
Outstanding Balance
$151,474
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$78,103

Purchase Details

Closed on
May 29, 2007
Sold by
Ross Stephen T
Bought by
Merritt Jason W and Merritt Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,769
Interest Rate
6.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brewer Ashley Elizabeth -- Miller Home Title
Merritt Jason W $137,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brewer Ashley Elizabeth $159,200
Previous Owner Merritt Jason W $135,769
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $203,000 +12.8% $140 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $179,900 -- $124 / Sq Ft
Source: MLS Now

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 $2,979 $62,951 $13,937 $49,014
2023 $2,479 $45,493 $8,673 $36,820
2022 $2,470 $45,493 $8,673 $36,820
2021 $2,484 $45,493 $8,673 $36,820
2020 $2,278 $37,230 $7,100 $30,130
2019 $2,264 $37,230 $7,100 $30,130
2018 $2,330 $37,230 $7,100 $30,130
2017 $2,392 $37,630 $7,340 $30,290
2016 $2,360 $37,630 $7,340 $30,290
2015 $2,211 $37,630 $7,340 $30,290
2014 $2,224 $38,320 $7,470 $30,850
2013 $2,203 $38,320 $7,470 $30,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4380397

MLS Now

APN: 06-25-038-101-031