NOT LISTED FOR SALE

530 Fairmount Ave Elyria, OH 44035

Estimated Value: $82,000 - $130,000

3 Beds
1 Bath
970 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $31,500 $32 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $611/month

11 Days on Market

Highlights

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

About This Home

As of February 2020

This is a great first home or investment home. This is a ranch home a an an extra wide 80x120 lot. It currently is tenant occupied with
lease being up on February 1, 2020. Tenant pays $830 a month with owner paying water and sewer. Tenant wishes to stay if possible.

Last Agent to Sell the Property

Sarah Schatz

Russell Real Estate Services License #2015004034 Listed on: 01/21/2020

Russell Real Estate Services

Last Buyer's Agent

Jodi Burgett

Russell Real Estate Services License #2014004496

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 80x120

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 970 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Mendelson Sub Community

Listing and Financial Details

  • Assessor Parcel Number 06-24-051-105-012

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • Price Per Square Foot: 32.47
  • Estimated Price per Sq Ft: 32.47
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 970
  • Year Built: 1951
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 970.00
  • Sq Ft Approx Total Finished: 970.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Window Unit(s)
  • 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

Lot Info

  • Lot Dimensions: 80x120
  • Lot Size Units: Acres
  • Acres: 0.2200
  • Parcel Number: 06-24-051-105-012

Tax Info

  • Tax: 1156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 10, 2020
Sold by
Sakal Jennifer P
Bought by
Jlb Rentals Llc
Seller's Agent
Sarah Schatz
Russell Real Estate Services
Buyer's Agent
Jodi Burgett
Russell Real Estate Services
List Price
$49,900
Sold Price
$31,500
Premium/Discount to List
-$18,400
-36.87%
Current Estimated Value
$99,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,363
Avg. Annual Appreciation
22.30%

Purchase Details

Listed on
Oct 15, 2019
Closed on
Oct 22, 2019
Sold by
Equity Trust Co Custodian
Bought by
Sakal Jennifer P
Seller's Agent
Jeffrey Cimbulich
RE/MAX Above & Beyond
Buyer's Agent
Sarah Schatz
Russell Real Estate Services
List Price
$39,900
Sold Price
$36,000
Premium/Discount to List
-$3,900
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-37.93%

Purchase Details

Listed on
Feb 14, 2013
Closed on
Apr 16, 2013
Sold by
Norris Thomas
Bought by
Equity Trust Co and Calanni Anthony
Seller's Agent
Judy Wargo
MAC Realty, Inc.
Buyer's Agent
Janet Beane
Russell Real Estate Services
List Price
$22,900
Sold Price
$16,000
Premium/Discount to List
-$6,900
-30.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Estate Of Myrtle M Norris and Norris Myrtle
Bought by
Norris Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jlb Rentals Llc $31,500 Erieview Title Agency Llc
Sakal Jennifer P $36,000 None Available
Equity Trust Co $16,000 None Available
Norris Thomas -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2020 02/11/20 Sold $31,500 -21.1% $32 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $39,900 -20.0% $41 / Sq Ft
01/21/2020 01/21/20 For Sale $49,900 +38.6% $51 / Sq Ft
10/31/2019 10/31/19 Sold $36,000 -9.8% $37 / Sq Ft View Prior Sale
10/16/2019 10/16/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $39,900 +149.4% $41 / Sq Ft
05/20/2013 05/20/13 Sold $16,000 -30.1% $14 / Sq Ft View Prior Sale
04/02/2013 04/02/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $22,900 -- $20 / 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 $1,129 $23,289 $8,575 $14,714
2023 $1,161 $20,783 $6,048 $14,735
2022 $1,157 $20,783 $6,048 $14,735
2021 $1,160 $20,783 $6,048 $14,735
2020 $1,161 $18,510 $5,390 $13,120
2019 $1,154 $18,510 $5,390 $13,120
2018 $1,156 $18,510 $5,390 $13,120
2017 $1,182 $18,150 $6,130 $12,020
2016 $1,167 $18,150 $6,130 $12,020
2015 $1,095 $18,150 $6,130 $12,020
2014 $1,136 $18,150 $6,130 $12,020
2013 $1,073 $18,150 $6,130 $12,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4162420

MLS Now

APN: 06-24-051-105-012