NOT LISTED FOR SALE

5500 Oak Point Rd Lorain, OH 44053

Estimated Value: $268,000 - $303,026

3 Beds
2 Baths
1,782 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 5500 Oak Point Rd, Lorain, OH 44053 and is currently estimated at $286,007, approximately $160 per square foot. 5500 Oak Point Rd is a home located in Lorain County with nearby schools including Powers Elementary School, Walter G. Nord Middle School, and Amherst Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2007
Sold by
Oliver Gary E and Oliver Royce
Bought by
Abbott James K
Current Estimated Value
$286,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$65,309
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$203,436
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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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
Abbott James K $154,900 Real Living Title Agency Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott James K $100,000
Closed Oliver Gary E $34,500
Previous Owner Oliver Gary E $5,000
Source: Public Records

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 $3,356 $80,742 $19,250 $61,492
2023 $2,465 $50,033 $12,096 $37,937
2022 $2,366 $50,033 $12,096 $37,937
2021 $2,372 $50,033 $12,096 $37,937
2020 $2,324 $43,430 $10,500 $32,930
2019 $2,279 $43,430 $10,500 $32,930
2018 $2,409 $43,430 $10,500 $32,930
2017 $2,529 $45,410 $12,930 $32,480
2016 $2,510 $45,410 $12,930 $32,480
2015 $2,426 $45,410 $12,930 $32,480
2014 $2,454 $44,530 $12,680 $31,850
2013 $2,461 $44,530 $12,680 $31,850
Source: Public Records

Map

Ohio Lorain County Lorain 44053

5500 Oak Point Rd, Lorain, OH

This home is located at 5500 Oak Point Rd, Lorain, OH 44053 and is currently estimated at $286,007, approximately $160 per square foot. 5500 Oak Point Rd is a home located in Lorain County with nearby schools including Powers Elementary School, Walter G. Nord Middle School, and Amherst Junior High School.

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