NOT LISTED FOR SALE

5505 Independence Dr Lorain, OH 44053

Estimated Value: $198,922 - $229,000

3 Beds
2 Baths
1,360 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $150,000 $110 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,285/month

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • Wood Fence
  • 2 Car Attached Garage
  • West Facing Home

About This Home

As of October 2021

This home is located at 5505 Independence Dr, Lorain, OH 44053 since 09 September 2021 and is currently estimated at $209,731, approximately $154 per square foot. This property was built in 1990. 5505 Independence Dr is a home located in Lorain County with nearby schools including Powers Elementary School, Walter G. Nord Middle School, and Amherst Junior High School.

Last Agent to Sell the Property

Non-Member Non-Member

Non-Member License #9999 Listed on: 09/09/2021

Last Buyer's Agent

Jessica Allgood

Keller Williams Citywide License #2018001055

Keller Williams Citywide

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1990

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • West Facing Home
  • Wood Fence

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • Williamsburg Heights Community

Listing and Financial Details

  • Assessor Parcel Number 02-02-004-108-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,181

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 110.29
  • Estimated Price per Sq Ft: 110.29
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1360
  • Year Built: 1990
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1990

Interior Features

  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Slab
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1360.00
  • Sq Ft Approx Total Finished: 1360.00

Exterior Features

  • Exterior: Aluminum
  • Fences: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Williamsburg Heights

Schools

  • School District: Amherst EVSD

Lot Info

  • Lot Dimensions: 60 x 120
  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 02-02-004-108-002

Tax Info

  • Tax: 2181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 18, 2021
Sold by
Taylor Rosemary and Taylor Ronald
Bought by
Bivins Terrence Nathaniel
Seller's Agent
Non-Member Non-Member
Non-Member
Buyer's Agent
Jessica Allgood
Keller Williams Citywide
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$209,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,731
Avg. Annual Appreciation
8.33%
Original Mortgage
$147,283
Outstanding Balance
$134,308
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$75,423

Purchase Details

Listed on
May 22, 2017
Closed on
Jul 11, 2017
Sold by
Solak Elizabeth S
Bought by
Taylor Jolene M and Taylor Ronald
Seller's Agent
Glorivania Maldonado
Russell Real Estate Services
Buyer's Agent
Stacy Watson
Keller Williams Citywide
List Price
$115,000
Sold Price
$119,000
Premium/Discount to List
$4,000
3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$116,844
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 28, 2013
Closed on
Jul 31, 2013
Sold by
Odelli Carolyn Anne
Bought by
Solak Elizabeth S
Seller's Agent
Diane Featherston
Deleted Agent
Buyer's Agent
Diane Featherston
Deleted Agent
List Price
$104,500
Sold Price
$100,000
Premium/Discount to List
-$4,500
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$80,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bivins Terrence Nathaniel $150,000 Erieview Title Agency Llc
Taylor Jolene M $119,000 --
Solak Elizabeth S $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bivins Terrence Nathaniel $147,283
Previous Owner Taylor Jolene M $116,844
Previous Owner Solak Elizabeth S $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2021 10/19/21 Sold $150,000 0.0% $110 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $150,000 +26.1% $110 / Sq Ft
07/13/2017 07/13/17 Sold $119,000 +3.5% $88 / Sq Ft View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $115,000 +15.0% $85 / Sq Ft
07/31/2013 07/31/13 Sold $100,000 -4.3% $74 / Sq Ft View Prior Sale
07/12/2013 07/12/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $104,500 -- $77 / 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 $2,285 $53,725 $10,955 $42,770
2023 $2,611 $51,758 $9,104 $42,655
2022 $2,510 $51,758 $9,104 $42,655
2021 $2,516 $51,758 $9,104 $42,655
2020 $2,181 $39,750 $6,990 $32,760
2019 $2,140 $39,750 $6,990 $32,760
2018 $2,151 $39,750 $6,990 $32,760
2017 $1,747 $30,580 $7,110 $23,470
2016 $1,735 $30,580 $7,110 $23,470
2015 $1,680 $30,580 $7,110 $23,470
2014 $1,792 $32,530 $7,560 $24,970
2013 $1,748 $32,530 $7,560 $24,970
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Non-Member Non-Member

    Non-Member

  • Jessica Allgood

    Buyer's Agent in 2021

    Jessica Allgood

    Keller Williams Citywide

    (440) 420-1368

    54 in this area

    173 Total Sales

    Jessica Allgood
    Section Image

  • G

    Seller's Agent in 2017

    Glorivania Maldonado

    Russell Real Estate Services

    (440) 396-9443

    14 in this area

    16 Total Sales

    Glorivania Maldonado
    Section Image
  • Stacy Watson

    Buyer's Agent in 2017

    Stacy Watson

    Keller Williams Citywide

    (440) 892-2211

    2 in this area

    77 Total Sales

    Stacy Watson
    Section Image

  • D

    Seller's Agent in 2013

    Diane Featherston

    Deleted Agent

    Section Image

  • T

    Buyer Co-Listing Agent in 2013

    Tom Jama

    Deleted Agent

See All Agents

Map

Source: MLS Now

MLS Number: 4326734

MLS Now

APN: 02-02-004-108-002

Ohio Lorain County Lorain 44053

5505 Independence Dr, Lorain, OH

Not Listed for Sale

Detached

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