NOT LISTED FOR SALE

5340 Liberty Ave Lorain, OH 44055

Estimated Value: $80,000 - $140,000

3 Beds
1 Bath
860 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $19,500 $23 Per Sq Ft

Est. 444% increase in value since last sale

Current estimated payment $662/month

41 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Enclosed Patio or Porch
  • Wood Fence

About This Home

As of July 2019

Wonderful opportunity to own a house with a lot of character. Ample sized kitchen cabinets and counter top space with plenty of living space with some vaulted ceilings. Abundant of light opens up all the rooms. Large deck for entertaining, enclosed outdoor patio also and nice yard space. Some improvements done prior, more needed. This home has a little bit of everything - basement for plenty of storage, large 2 car bay garage with attached workshop/storage room and a nice lot near local area amenities. Clearview Schools are an added bonus. Seller will not make repairs, selling as is condition. Buyers are to make inquiry and perform own due diligence regarding all property information, taxes, sqft, condition and parcel data. Broker is not held liable for any data in MLS as all data is taken from public records. All auction terms apply.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. License #2003011130 Listed on: 05/19/2019

Last Buyer's Agent

Chad Parsons

The Sweda Group, LLC. License #2003006186

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Detached Garage
  • Unpaved Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Built-In Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Liberty Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-00-075-108-017

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Subdivision Name: Liberty
  • Above Grade Finished Sq Ft: 860.0
  • Reso Accessibility Features: None
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Appliances: Built-In Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass, Metal
  • Fencing: Wood
  • Acres: 0.07
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Enclosed, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Unpaved

Utilities

  • 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: Clearview LSD - 4704

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 03-00-075-108-017
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1377.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2019
Closed on
Jul 3, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
Pennington James
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Chad Parsons
The Sweda Group, LLC.
List Price
$34,900
Sold Price
$19,500
Premium/Discount to List
-$15,400
-44.13%
Current Estimated Value
$106,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,668
Avg. Annual Appreciation
28.93%

Purchase Details

Closed on
May 17, 2019
Sold by
Chaffin Justin and Chaffin Justin D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 19, 2004
Sold by
Chaffin Rexford and Chaffin Joyce
Bought by
Chaffin Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Chaffin Freelin
Bought by
Chaffin Rexford and Chaffin Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
Pennington James $19,500 Sojourners Title Agency
Deutsche Bank National Trust Company $28,000 Omega Title Agency Llc
Chaffin Justin $70,000 Titles Etc
Chaffin Rexford -- Titles Etc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaffin Justin $70,000
Previous Owner Chaffin Rexford $56,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2019 07/22/19 Sold $19,500 -34.8% $23 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $29,900 -14.3% $35 / Sq Ft
05/19/2019 05/19/19 For Sale $34,900 -- $41 / Sq Ft
Source: MLS Now

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 $1,249 $28,007 $4,036 $23,972
2023 $1,011 $17,892 $2,919 $14,973
2022 $1,036 $17,892 $2,919 $14,973
2021 $1,416 $17,892 $2,919 $14,973
2020 $1,327 $15,630 $2,550 $13,080
2019 $1,294 $15,630 $2,550 $13,080
2018 $1,292 $15,630 $2,550 $13,080
2017 $910 $11,700 $1,750 $9,950
2016 $809 $11,700 $1,750 $9,950
2015 $810 $11,700 $1,750 $9,950
2014 $812 $12,270 $1,830 $10,440
2013 $803 $12,270 $1,830 $10,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4097860

MLS Now

APN: 03-00-075-108-017

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