NOT LISTED FOR SALE

525 Garfield Ave Elyria, OH 44035

Estimated Value: $81,000 - $103,742

2 Beds
1 Bath
768 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $57,500 $75 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $583/month

57 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • 5-minute walk to Cascade Park
  • Forced Air Heating System

About This Home

As of December 2021

Great Opportunity for Investors! Two Bdrm Ranch w/Nice Size Kitchen with Ample Cabinet space. Needing some TLC. Selling "AS IS".

Last Agent to Sell the Property

B Serrano

Russell Real Estate Services License #2016000572 Listed on: 08/05/2021

Russell Real Estate Services

Last Buyer's Agent

Erick Parks

Deleted Agent License #2020001050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x118
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Mendelson Sub Community

Listing and Financial Details

  • Assessor Parcel Number 06-24-051-104-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,115

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Year Built: 1955
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Dishwasher, Range
  • Total Bedrooms: 2
  • Bedrooms on Main Level: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Laundry On Main: 1
  • Laundry: 1

Exterior Features

  • Exterior: Vinyl
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Mendelson Sub

Schools

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

Lot Info

  • Lot Dimensions: 41x118
  • Lot Size Units: Acres
  • Acres: 0.1100
  • Parcel Number: 06-24-051-104-004

Tax Info

  • Tax: 1115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Dec 8, 2021
Sold by
Jcc Properties Llc
Bought by
Cofield Leon M and Mason Gwendolyn
Seller's Agent
B Serrano
Russell Real Estate Services
Buyer's Agent
Erick Parks
Deleted Agent
List Price
$52,500
Sold Price
$57,500
Premium/Discount to List
$5,000
9.52%
Current Estimated Value
$90,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,186
Avg. Annual Appreciation
8.51%
Original Mortgage
$55,775
Outstanding Balance
$51,840
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$26,258

Purchase Details

Closed on
Jan 10, 2008
Sold by
First Place Bank
Bought by
Hodgson Blair B

Purchase Details

Closed on
Dec 13, 2007
Sold by
Hopkins Joshua D
Bought by
First Place Bank

Purchase Details

Closed on
Dec 29, 2003
Sold by
S & R Enterprises
Bought by
Hopkins Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2003
Sold by
Stephen Phyllis M and Stephen Gerald
Bought by
S & R Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Sterling Bank & Trust Fsb
Bought by
Stephen Phyllis M

Purchase Details

Closed on
May 7, 2001
Sold by
Harris Sharon L
Bought by
Sterling Bank & Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cofield Leon M $57,500 Chicago Title
Hodgson Blair B $35,900 Title Works Agency
First Place Bank $40,000 None Available
Hopkins Joshua D $74,500 Elyria Land Title
S & R Enterprises -- --
Stephen Phyllis M $45,000 Elyria Land Title
Sterling Bank & Trust $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cofield Leon M $55,775
Previous Owner Hopkins Joshua D $68,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $57,500 +9.5% $75 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $52,500 0.0% $68 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $52,500 -- $68 / 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 $1,106 $23,387 $4,974 $18,414
2023 $1,041 $19,100 $4,046 $15,054
2022 $1,037 $19,100 $4,046 $15,054
2021 $1,065 $19,100 $4,050 $15,050
2020 $1,115 $17,010 $3,600 $13,410
2019 $1,060 $17,010 $3,600 $13,410
2018 $1,062 $17,010 $3,600 $13,410
2017 $1,103 $16,430 $3,550 $12,880
2016 $1,057 $16,430 $3,550 $12,880
2015 $991 $16,430 $3,550 $12,880
2014 $980 $16,430 $3,550 $12,880
2013 $971 $16,430 $3,550 $12,880
Source: Public Records

Agents Affiliated with this Home

  • B Serrano

    Seller's Agent in 2021

    B Serrano

    Russell Real Estate Services

    19 in this area

    32 Total Sales

    B Serrano
    Section Image

  • E

    Buyer's Agent in 2021

    Erick Parks

    Deleted Agent

    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4305615

MLS Now

APN: 06-24-051-104-004

Ohio Lorain County Elyria 44035

525 Garfield Ave, Elyria, OH

This home is located at 525 Garfield Ave, Elyria, OH 44035 since 05 August 2021 and is currently estimated at $90,686, approximately $118 per square foot. This property was built in 1955. 525 Garfield Ave is a home located in Lorain County with nearby schools including Ely Elementary School, Northwood Middle School, and Elyria High School.

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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes