NOT LISTED FOR SALE

5231 Colorado Ave Sheffield Village, OH 44054

Estimated Value: $244,000 - $290,000

3 Beds
1.5 Baths
2,188 Sq Ft
$117/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $235,000 $107 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,619/month

66 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Attached Garage

About This Home

As of July 2024

This home is located at 5231 Colorado Ave, Sheffield Village, OH 44054 since 23 March 2024 and is currently estimated at $256,653, approximately $117 per square foot. This property was built in 1956. 5231 Colorado Ave is a home located in Lorain County with nearby schools including Knollwood Elementary School, Brookside Intermediate School, and Brookside Middle School.

Last Agent to Sell the Property

Cody Webb

Russell Real Estate Services Brokerage Email: cwebb2903@gmail.com 419-577-5905 License #2018004668 Listed on: 03/23/2024

Russell Real Estate Services

Last Buyer's Agent

James Cain

Russell Real Estate Services License #2013001496

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 1956

Lot Details

  • 0.48

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1.5 Bathrooms

Parking

  • Attached Garage
  • 1 Carport Space

Additional Features

  • 0.48 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sheffield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-017-101-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,743

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1956
  • Attribution Contact: cwebb2903@gmail.com 419-577-5905
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sheffield
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • 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
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Asphalt
  • Acres: 0.48
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Sheffield-Sheffield - 4713

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-017-101-049
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5743.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jul 2, 2024
Sold by
Starr Wendy G
Bought by
Wagner Robert Brant and Wagner Tiffany
Seller's Agent
Cody Webb
Russell Real Estate Services
Buyer's Agent
James Cain
Russell Real Estate Services
List Price
$270,000
Sold Price
$235,000
Premium/Discount to List
-$35,000
-12.96%
Views
172
Current Estimated Value
$256,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,653
Avg. Annual Appreciation
9.29%
Original Mortgage
$240,052
Outstanding Balance
$238,218
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
$23,462

Purchase Details

Closed on
Feb 10, 2017
Sold by
Koltas Robert R and Koltas Deborah A
Bought by
Starr Wendy G

Purchase Details

Closed on
Mar 12, 1998
Sold by
Koltas Richard D and Koltas Linda E
Bought by
Koltas Robert R and Koltas Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.23%
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
Wagner Robert Brant $235,000 None Listed On Document
Starr Wendy G $75,000 --
Koltas Robert R $50,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Robert Brant $240,052
Previous Owner Koltas Robert R $26,500
Previous Owner Koltas Robert R $90,000
Previous Owner Koltas Robert R $25,000
Previous Owner Koltas Robert R $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $235,000 -8.6% $107 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/20/2024 05/20/24 Price Changed $257,000 -3.0% $117 / Sq Ft
05/01/2024 05/01/24 Price Changed $265,000 -1.9% $121 / Sq Ft
03/23/2024 03/23/24 For Sale $270,000 -- $123 / 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 $3,154 $71,397 $9,254 $62,143
2023 $3,021 $64,551 $8,838 $55,713
2022 $3,011 $64,551 $8,838 $55,713
2021 $3,031 $64,551 $8,838 $55,713
2020 $2,806 $56,330 $7,710 $48,620
2019 $2,789 $56,330 $7,710 $48,620
2018 $3,076 $56,330 $7,710 $48,620
2017 $2,835 $42,850 $7,300 $35,550
2016 $2,865 $42,850 $7,300 $35,550
2015 $2,857 $42,850 $7,300 $35,550
2014 $2,579 $42,850 $7,300 $35,550
2013 $2,566 $42,850 $7,300 $35,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5025953

MLS Now

APN: 03-00-017-101-049