NOT LISTED FOR SALE

5501 Edgewood Dr Lorain, OH 44053

Estimated Value: $198,000 - $260,000

3 Beds
3 Baths
2,178 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $38,000 $17 Per Sq Ft

Est. 516% increase in value since last sale

Current estimated payment $1,380/month

134 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Attached Garage
  • Baseboard Heating
  • 1 Fireplace
  • Central Air

About This Home

As of August 2014

Unique Spanish Stucco Design Split Colonial with full semi finished bsmt. Great room and updated kitchen on first floor, lower level has large family room. Four bedrooms and 2 baths on second with good closet space. Neat bar in basement rec rm.
"Property was built prior to 1978 and lead based paint potentially exists. The property is uninhabitable AND/OR severely damaged with deteriorated paint surfaces that will not be treated by VA and which will need to be opened or removed"

Last Agent to Sell the Property

Sandra Maline

The Advantage in Real Estate License #320003 Listed on: 03/05/2014

Last Buyer's Agent

Maria Zimmerman

Deleted Agent License #209095

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75 x 158

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-02-005-109-031

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 17.45
  • Num Of Stories: 2.00
  • Total Sq Ft: 2178
  • Year Built: 1973
  • Geocode Confidence: Unknown
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Room Count: 11
  • Basement Detail: Partially Finished
  • Estimated Sq Ft: 2178

Exterior Features

  • Exterior: Stucco
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 75 x 158
  • Lot Size Area Sq Ft: 11761.0000
  • Lot Size Frontage: 75
  • Lot Size Units: Acres
  • Price Per Acre: 229629.63
  • Acres: 0.2700
  • Parcel Number: 02-02-005-109-031

Tax Info

  • Tax: 2416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Jul 28, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Alvarado Alice and Fadenholz Richard K
Seller's Agent
Sandra Maline
The Advantage in Real Estate
Buyer's Agent
Maria Zimmerman
Deleted Agent
List Price
$62,000
Sold Price
$38,000
Premium/Discount to List
-$24,000
-38.71%
Current Estimated Value
$234,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,104
Avg. Annual Appreciation
17.06%

Purchase Details

Closed on
Aug 22, 2013
Sold by
Waaver Patrick L
Bought by
Secretary Of Verterans Affairs

Purchase Details

Closed on
Aug 18, 2004
Sold by
Hilko Jeffrey R and Hilko Marcia K
Bought by
Weaver Patrick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,031
Interest Rate
6.1%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Alvarado Alice -- None Available
Secretary Of Verterans Affairs $66,000 None Available
Weaver Patrick L $160,500 First American Midland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weaver Patrick L $164,031
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2014 08/06/14 Sold $38,000 -38.7% $17 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $62,000 -- $28 / 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 $2,085 $50,561 $9,968 $40,593
2023 $2,748 $53,361 $12,187 $41,174
2022 $2,724 $53,361 $12,187 $41,174
2021 $2,724 $53,361 $12,187 $41,174
2020 $2,669 $45,410 $10,370 $35,040
2019 $2,654 $45,410 $10,370 $35,040
2018 $2,502 $45,410 $10,370 $35,040
2017 $2,350 $37,890 $10,170 $27,720
2016 $2,331 $37,890 $10,170 $27,720
2015 $2,198 $37,890 $10,170 $27,720
2014 $2,716 $43,460 $11,670 $31,790
2013 $2,496 $43,460 $11,670 $31,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3480430

MLS Now

APN: 02-02-005-109-031

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