NOT LISTED FOR SALE

518 W 20th St Lorain, OH 44052

Estimated Value: $61,000 - $80,719

3 Beds
1 Bath
1,144 Sq Ft
$61/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $58,000 $51 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $449/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Wood Siding
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2024

This fixer-upper colonial presents an excellent opportunity for those looking to add value and maximize returns. Boasting a charming covered front porch, this property features a spacious dining room, ideal for gatherings or entertaining guests. Upstairs, you'll find three bedrooms and a full bathroom, offering ample space for comfortable living. Additionally, the full basement provides extra storage or the potential for further renovation.With some TLC and creative vision, this property has the potential to shine. Don't miss out on this opportunity. Schedule a viewing today! Selling in 'As is' condition.

Last Agent to Sell the Property

Justin Hunker

Landlord Leasing, Inc. Brokerage Email: 440-246-6217 landlord@landlordleasing.com License #2006001713 Listed on: 04/17/2024

Last Buyer's Agent

Rob Rogers

Howard Hanna License #2015005456

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,485

Parking

  • Unpaved Parking

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • 3,485 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Bramans Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-152-012

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: 440-246-6217 landlord@landlordleasing.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bramans
  • Above Grade Finished Sq Ft: 1144.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Fixer
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.08
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-003-152-012
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1713.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 8, 2024
Sold by
Gargiulo Barbara and Fogarty Barbara
Bought by
Next Chapter Capital Llc
Seller's Agent
Justin Hunker
Landlord Leasing, Inc.
Buyer's Agent
Rob Rogers
Howard Hanna
List Price
$49,900
Sold Price
$58,000
Premium/Discount to List
$8,100
16.23%
Views
15
Current Estimated Value
$70,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,180
Avg. Annual Appreciation
14.81%
Original Mortgage
$16,310
Outstanding Balance
$16,133
Interest Rate
8.2%
Estimated Equity
$54,047

Purchase Details

Closed on
Jan 25, 2006
Sold by
Gargiulo Ronald V
Bought by
Gargiulo Barbara
Source: Public Records

Range of Values:

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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
Next Chapter Capital Llc $58,000 Innovative Title
Gargiulo Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Next Chapter Capital Llc $16,310
Closed Next Chapter Capital Llc $79,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $58,000 +16.2% $51 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $49,900 -- $44 / 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 $916 $21,665 $1,106 $20,559
2023 $563 $10,651 $980 $9,671
2022 $558 $10,651 $980 $9,671
2021 $558 $10,651 $980 $9,671
2020 $568 $9,420 $870 $8,550
2019 $565 $9,420 $870 $8,550
2018 $492 $9,420 $870 $8,550
2017 $419 $6,580 $980 $5,600
2016 $415 $6,580 $980 $5,600
2015 $392 $6,580 $980 $5,600
2014 $380 $6,080 $900 $5,180
2013 $359 $6,080 $900 $5,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5031561

MLS Now

APN: 02-01-003-152-012