NOT LISTED FOR SALE

518 Stanford Ave Elyria, OH 44035

Estimated Value: $119,000 - $139,000

3 Beds
1 Bath
875 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $122,500 $140 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $850/month

4 Days on Market

Highlights

  • No HOA
  • Partially Fenced Property
  • 4-minute walk to East Park
  • 2 Car Detached Garage
  • Heating System Uses Gas

About This Home

As of April 2024

Estate Sale...Updated 3 bedroom vinyl sided ranch home situated on a desirable street w/nice fenced lot & 2 car garage...Fast occupancy w/all appliances included with sale! Clean white fresh vinyl exterior w/updated dimensional roof...perfect backyard for entertaining. Comfortable floor plan w/3 bedrooms, remodeled bath w/custom tile work that is sure to impress. Cooks will enjoy the newer raised panel oak kitchen w/waterfall edges on counters...large room w/ample counter/cabinet space plus premium tiled floor...Modern stainless appliances included (smooth top range). Great room is spacious w/huge window for natural light & the owner updated the room w/beautiful & durable luxury vinyl flooring...mostly hard surface, very little carpet in the home. 2020 H20 Tank installed. Gas forced air heat for year round comfort. This property has so much to offer at a low cost...easy to show, call today for your private tour!

Last Agent to Sell the Property

Christopher Frederick

Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com 216-210-7653 License #426983 Listed on: 02/27/2024

Coldwell Banker Schmidt Realty

Last Buyer's Agent

B Serrano

Russell Real Estate Services License #2016000572

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • 875 Sq Ft Home
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • H A Shives Allotment Subdivision
  • 11-Story Property

Listing and Financial Details

  • Assessor Parcel Number 06-25-006-124-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,423

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1957
  • Attribution Contact: thefrederickteam@gmail.com 216-210-7653
  • Co List Office Phone: 440-327-2123
  • Subdivision Name: H A Shives Allotment
  • Above Grade Finished Sq Ft: 875.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: No
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 11
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None, Wall Unit(s)
  • Cooling Y N: No
  • Heating: 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: 06-25-006-124-016
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1423.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 29, 2024
Sold by
Q & P Property Investors Llc
Bought by
Danico Ethan L
Seller's Agent
Christopher Frederick
Coldwell Banker Schmidt Realty
Buyer's Agent
B Serrano
Russell Real Estate Services
List Price
$119,900
Sold Price
$122,500
Premium/Discount to List
$2,600
2.17%
Views
54
Current Estimated Value
$132,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,877
Avg. Annual Appreciation
5.03%
Original Mortgage
$91,875
Outstanding Balance
$90,423
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$41,954

Purchase Details

Closed on
Oct 26, 2006
Sold by
Polutnik John J and Polutnik Jane M
Bought by
Thacker April J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,686
Interest Rate
6.5%
Mortgage Type
FHA
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
Danico Ethan L $122,500 Miller Home Title
Thacker April J $85,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danico Ethan L $91,875
Previous Owner Thacker April J $83,686
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $122,500 +2.2% $140 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $119,900 -- $137 / 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 $1,887 $32,617 $10,434 $22,183
2023 $1,464 $25,498 $8,432 $17,066
2022 $1,451 $25,498 $8,432 $17,066
2021 $1,422 $25,498 $8,432 $17,066
2020 $1,251 $19,950 $6,600 $13,350
2019 $1,243 $19,950 $6,600 $13,350
2018 $1,294 $19,950 $6,600 $13,350
2017 $1,343 $20,620 $6,690 $13,930
2016 $1,326 $20,620 $6,690 $13,930
2015 $1,244 $20,620 $6,690 $13,930
2014 $1,276 $21,400 $6,940 $14,460
2013 $1,265 $21,400 $6,940 $14,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5019896

MLS Now

APN: 06-25-006-124-016