NOT LISTED FOR SALE

525 Cornell Ave Elyria, OH 44035

Estimated Value: $123,000 - $152,000

4 Beds
1 Bath
2,356 Sq Ft
$59/Sq Ft Est. Value

Last Sold April 11, 2012

Last sale price $36,200 $15 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $825/month

88 Days on Market

Highlights

  • Cape Cod Architecture
  • Patio
  • Privacy Fence
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-minute walk to East Park

About This Home

As of April 2012

*FORECLOSURE* Good Location. 4 bedroom, 1 bath vinyl cape cod. Large eat-in kitchen that has been updated. Good size bedrooms. Central air. 1 car detached garage. Fenced yard and covered patio. Home being sold 'as is'. See attachments for owner occupied buyer closing cost incentive. This property is eligible under the Freddie Mac First Look Initiative through Jan. 11, 2012.

Last Agent to Sell the Property

Scott Cohara

Deleted Agent License #2003003372 Listed on: 12/23/2011

Last Buyer's Agent

BELINDA PIERCE

Russell Real Estate Services License #349397

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 135
  • Privacy Fence
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,356 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06-25-006-122-007

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Bungalow, Cape Cod
  • Price Per Square Foot: 15.37
  • Total Sq Ft: 2356
  • Year Built: 1957
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Room Count: 1
  • Basement Detail: Crawl, Slab
  • Living Area Sq Ft: 2356
  • Estimated Total Living Area: 2356
  • Estimated Sq Ft: 2356

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Patio
  • Fences: Chain Link, Privacy
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Elyria CSD
  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 40 x 135
  • Lot Size Area Sq Ft: 5227.0000
  • Lot Size Units: Acres
  • Price Per Acre: 301666.67
  • Acres: 0.1200
  • Parcel Number: 06-25-006-122-007

Tax Info

  • Tax: 1685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2023
Sold by
Pierce Gary Lynn and Pierce Belinda
Bought by
Peltz Wayne L and Collins Valerie J
Current Estimated Value
$138,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Outstanding Balance
$42,806
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$95,774

Purchase Details

Closed on
Feb 27, 2015
Sold by
Pierce Gary Lynn and Pierce Belinda
Bought by
Pierce Gary Lynn and Pierce Belinda

Purchase Details

Listed on
Dec 23, 2011
Closed on
Mar 26, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pierce Gary Lynn and Pierce Belinda
Seller's Agent
Scott Cohara
Deleted Agent
Buyer's Agent
BELINDA PIERCE
Russell Real Estate Services
List Price
$55,000
Sold Price
$36,200
Premium/Discount to List
-$18,800
-34.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Gongaware Edward
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 6, 2000
Sold by
Gongaware Edward M
Bought by
Gongaware Edward M and Gongaware Helyne W
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
Peltz Wayne L $55,000 Guardian Title
Pierce Gary Lynn -- None Available
Pierce Gary Lynn $36,200 Intitle Agency Inc
Federal Home Loan Mortgage Corporation $70,610 None Available
Gongaware Edward M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peltz Wayne L $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2012 04/11/12 Sold $36,200 -34.2% $15 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $55,000 -- $23 / 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 $1,101 $33,051 $7,676 $25,375
2023 $1,748 $31,294 $6,199 $25,095
2022 $1,742 $31,294 $6,199 $25,095
2021 $1,746 $31,294 $6,199 $25,095
2020 $1,536 $24,490 $4,850 $19,640
2019 $1,526 $24,490 $4,850 $19,640
2018 $1,586 $24,490 $4,850 $19,640
2017 $1,643 $25,230 $4,920 $20,310
2016 $1,623 $25,230 $4,920 $20,310
2015 $1,522 $25,230 $4,920 $20,310
2014 $1,562 $26,210 $5,110 $21,100
2013 $1,549 $26,210 $5,110 $21,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Scott Cohara

    Deleted Agent

    Section Image

  • B

    Buyer's Agent in 2012

    BELINDA PIERCE

    Russell Real Estate Services

    (440) 327-6511

    5 in this area

    10 Total Sales

    BELINDA PIERCE
    Section Image
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Map

Source: MLS Now

MLS Number: 3282923

MLS Now

APN: 06-25-006-122-007

Ohio Lorain County Elyria 44035

525 Cornell Ave, Elyria, OH

This home is located at 525 Cornell Ave, Elyria, OH 44035 since 23 December 2011 and is currently estimated at $138,580, approximately $58 per square foot. This property was built in 1957. 525 Cornell Ave is a home located in Lorain County with nearby schools including Eastern Heights Middle School, Elyria High School, and Constellation Schools: Elyria Community Elementary.

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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