NOT LISTED FOR SALE

5511 Independence Dr Lorain, OH 44053

Estimated Value: $223,000 - $240,025

4 Beds
2 Baths
1,848 Sq Ft
$125/Sq Ft Est. Value

About This Home

This home is located at 5511 Independence Dr, Lorain, OH 44053 and is currently estimated at $230,756, approximately $124 per square foot. 5511 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2020
Sold by
Welch Adam M and Welch Cheryl A
Bought by
Strautnieks Peter and Strautnieks Sharon L
Current Estimated Value
$230,756

Purchase Details

Closed on
Nov 24, 1998
Sold by
Livingston Randy L and Livingston Lynn Y
Bought by
Welch Adam M and Welch Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,738
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1995
Sold by
Hammond Roger P
Bought by
Livingston Randy L and Livingston Lynn Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,571
Interest Rate
8.97%
Mortgage Type
FHA
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
Strautnieks Peter -- None Available
Welch Adam M $102,000 Midland Title
Livingston Randy L $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strautnieks Peter L $138,380
Previous Owner Welch Adam M $121,241
Previous Owner Welch Adam M $119,770
Previous Owner Welch Adam L $15,300
Previous Owner Welch Adam M $101,738
Previous Owner Livingston Randy L $89,571
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 $2,546 $61,247 $10,955 $50,292
2023 $2,213 $44,909 $9,104 $35,805
2022 $2,124 $44,909 $9,104 $35,805
2021 $2,129 $44,909 $9,104 $35,805
2020 $1,845 $34,490 $6,990 $27,500
2019 $1,810 $34,490 $6,990 $27,500
2018 $1,846 $34,490 $6,990 $27,500
2017 $1,874 $33,600 $7,110 $26,490
2016 $1,860 $33,600 $7,110 $26,490
2015 $1,798 $33,600 $7,110 $26,490
2014 $1,915 $35,740 $7,560 $28,180
2013 $1,921 $35,740 $7,560 $28,180
Source: Public Records

Map

Ohio Lorain County Lorain 44053

5511 Independence Dr, Lorain, OH

This home is located at 5511 Independence Dr, Lorain, OH 44053 and is currently estimated at $230,756, approximately $124 per square foot. 5511 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes