NOT LISTED FOR SALE

550 Delaware Ave Elyria, OH 44035

Estimated Value: $137,474 - $149,000

3 Beds
1 Bath
925 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $90,500 $98 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $914/month

5 Days on Market

Highlights

  • Ranch Style House
  • Community Pool
  • Enclosed Patio or Porch
  • 1 Fireplace
  • 1 Car Detached Garage
  • Community Playground

About This Home

As of August 2019

This Ranch style home includes 2.5 parcels for an extra wide and deep lot! The second parcel boasts a two and
a half bay garage that is perfect for two vehicles plus additional workspace. The second parcel adds
additional lot depth that may be suitable for additional gardening. This home features three bedrooms and
one bathroom, a gas fireplace, spacious eat in kitchen, and enclosed sunroom perfect for morning coffee and
breakfasts. The full basement adds additional living space for entertaining or a playroom. Newer
furnace(2016) and newer hot water tank(2014). Close proximity to East Recreation Center and Pool, St. Rt. 480
and shopping centers. A great find for under 95k.

Last Agent to Sell the Property

David Axford

Russell Real Estate Services License #2017005678 Listed on: 06/19/2019

Russell Real Estate Services

Last Buyer's Agent

Michelle Ramirez

Howard Hanna License #2006001092

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,434

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x186
  • South Facing Home
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 925 Sq Ft Home
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Heating System Uses Gas
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 06-25-002-101-042

Community Details

Recreation

  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Elmwood Community
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,434

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Ranch
  • House Faces: South
  • Price Per Square Foot: 97.84
  • Estimated Price per Sq Ft: 97.84
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 925
  • Year Built: 1970
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Appliances Equipment: Garbage Disposal, Wall Oven, Range, Refrigerator, Smoke Detector, Sump Pump
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 7
  • Basement Detail: Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 925.00
  • Sq Ft Approx Total Finished: 925.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Enclosed Patio/Porch, Storage Shed/Out Bld
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas, Wood
  • Heating Type: Fireplace-Gas, Forced Air, Wood/Pellet Heat Sys
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park, Playground, Pool, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Elmwood

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 80x186
  • Additional Assessor Parcel Number 1: 0625002101058
  • Lot Size Units: Acres
  • Acres: 0.2800
  • Parcel Number: 06-25-002-101-042

Tax Info

  • Tax: 1434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Aug 1, 2019
Sold by
Boone Richard B
Bought by
Mckenna Timothy J and Mckenna Amy L
Seller's Agent
David Axford
Russell Real Estate Services
Buyer's Agent
Michelle Ramirez
Howard Hanna
List Price
$94,900
Sold Price
$90,500
Premium/Discount to List
-$4,400
-4.64%
Current Estimated Value
$144,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,619
Avg. Annual Appreciation
7.74%
Original Mortgage
$38,860
Outstanding Balance
$34,104
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$110,015

Purchase Details

Closed on
Jun 7, 1999
Sold by
Corn Joe and Corn Irene
Bought by
Boone Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,247
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mckenna Timothy J $90,500 Barristers Of Ohio
Boone Richard B $92,000 Real Estate Title Service Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckenna Timothy J $38,860
Previous Owner Boone Richard B $91,247
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $90,500 -4.6% $98 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $94,900 -- $103 / 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 $1,923 $39,939 $7,676 $32,263
2023 $1,639 $29,337 $6,199 $23,139
2022 $1,625 $29,337 $6,199 $23,139
2021 $1,621 $29,337 $6,199 $23,139
2020 $1,421 $22,960 $4,850 $18,110
2019 $1,463 $22,960 $4,850 $18,110
2018 $1,507 $22,960 $4,850 $18,110
2017 $1,581 $23,780 $3,690 $20,090
2016 $1,529 $23,780 $3,690 $20,090
2015 $1,397 $23,780 $3,690 $20,090
2014 $1,433 $24,690 $3,830 $20,860
2013 $1,419 $24,690 $3,830 $20,860
Source: Public Records

Agents Affiliated with this Home

  • David Axford

    Seller's Agent in 2019

    David Axford

    Russell Real Estate Services

    (440) 281-3010

    39 in this area

    138 Total Sales

    David Axford
    Section Image
  • Michelle Ramirez

    Buyer's Agent in 2019

    Michelle Ramirez

    Howard Hanna

    (440) 371-3750

    129 in this area

    256 Total Sales

    Michelle Ramirez
    Section Image
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Map

Source: MLS Now

MLS Number: 4107068

MLS Now

APN: 06-25-002-101-042

Ohio Lorain County Elyria 44035

550 Delaware Ave, Elyria, OH

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