NOT LISTED FOR SALE

5401 Frances Dr Lorain, OH 44053

Estimated Value: $216,460 - $268,000

3 Beds
1.5 Baths
1,752 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $176,400 $101 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,420/month

35 Days on Market

Highlights

  • Above Ground Pool
  • No HOA
  • Forced Air Heating and Cooling System
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • West Facing Home

About This Home

As of June 2022

Welcome Home! This move in ready, sharp 2 story colonial is affordably priced. From first glance, the curb appeal will catch your eye with nice landscaping, mature trees, very well kept. Once inside, you will be truly impressed with the first floors newer laminate flooring throughout, freshly painted, spacious rooms, extra storage and more. Living Room offers decorative fireplace, large front window. Kitchen is open to the dining area, where major appliances remain. Half bath is conveniently located on the first floor. Back family room with sliding glass doors leading to a serene patio area. 3 Bedrooms on the upper floor where the main bath has a door allowing access to the master bedroom. Full basement offers tons of possibilities, nice and open. Privacy fenced backyard with above ground pool, storage shed. Attached garage is nicely sized with paved driveway. This home also comes with a 1-year home warranty. To see is to buy! Don't miss out.

Last Agent to Sell the Property

Carla Harbert

RE/MAX Omega License #2003019176 Listed on: 04/30/2022

Last Buyer's Agent

David Reddy

Keller Williams Citywide License #2001006408

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1974

Lot Details

  • 10,019 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Irregular Lot

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,752 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Pool

  • Above Ground Pool

Utilities

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

Community Details

  • No Home Owners Association
  • Seven Pines Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-02-005-107-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,468

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1974
  • ResoLotFeatures: Irregular Lot
  • ResoPoolFeatures: Above Ground
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Seven Pines
  • Above Grade Finished Sq Ft: 1752.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished, Sump Pump
  • Basement: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Full, Privacy, Wood
  • Acres: 0.23
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Direction Faces: West

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Electricity, Garage, Garage Door Opener, Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-005-107-037
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2468.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 28, 2022
Sold by
Deborah Rakar
Bought by
Cotton Andrew and Cotton Rachael
Seller's Agent
Carla Harbert
RE/MAX Omega
Buyer's Agent
David Reddy
Keller Williams Citywide
List Price
$188,600
Sold Price
$176,400
Premium/Discount to List
-$12,200
-6.47%
Current Estimated Value
$231,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,465
Avg. Annual Appreciation
8.61%
Original Mortgage
$158,760
Outstanding Balance
$151,042
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$80,823

Purchase Details

Closed on
Mar 15, 2022
Sold by
Sheriff Of Lorain County
Bought by
Lurry Kelvin E

Purchase Details

Closed on
Feb 16, 1999
Sold by
Kenzik Phyllis J
Bought by
Lurry Kelvin E and Lurry Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,400
Interest Rate
6.88%
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
Cotton Andrew -- Ohio Real Title
Lurry Kelvin E -- None Listed On Document
Lurry Kelvin E $124,000 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotton Andrew $158,760
Previous Owner Lurry Kelvin E $105,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $176,400 -1.2% $101 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/20/2022 05/20/22 Price Changed $178,600 -5.3% $102 / Sq Ft
04/30/2022 04/30/22 For Sale $188,600 -- $108 / 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 $2,328 $56,448 $9,048 $47,401
2023 $2,427 $47,135 $11,204 $35,931
2022 $2,469 $47,135 $11,204 $35,931
2021 $2,468 $47,135 $11,204 $35,931
2020 $2,419 $40,110 $9,530 $30,580
2019 $2,405 $40,110 $9,530 $30,580
2018 $2,682 $40,110 $9,530 $30,580
2017 $2,537 $34,140 $9,360 $24,780
2016 $2,100 $34,140 $9,360 $24,780
2015 $1,981 $34,140 $9,360 $24,780
2014 $2,266 $39,150 $10,730 $28,420
2013 $2,249 $39,150 $10,730 $28,420
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4368995

MLS Now

APN: 02-02-005-107-037