$63,000
SOLD JUL 21, 2025

553 Purdue Ave Elyria, OH 44035

3 Beds
1 Bath
1,207 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Detached Garage

About This Home

As of July 2025

Opportunity knocks with this Cape Cod-style home offering 3 bedrooms, 1 full bath, and loads of potential. With approximately 1,200 square feet of living space and a bedroom and full bath on the main level, this home sits on an oversized lot made up of two parcels—perfect for those seeking additional outdoor space or future expansion options. While the property needs significant renovation and may not qualify for traditional financing, it offers a blank canvas for those with vision. Whether you're a seasoned investor, handy homeowner, or rehab enthusiast, this one is worth a look. The newer two-car garage is a bonus and provides great value. Located near schools, public pools, parks, shopping, and dining, the home sits in a convenient, accessible neighborhood that continues to see steady demand. Bring your tools and your imagination—this is a true value-add opportunity waiting to be transformed. Priced to sell. Cash or renovation loans recommended. Property being sold as-is, seller will make no repairs.

Last Agent to Sell the Property

David Axford

Russell Real Estate Services Brokerage Email: soldbydavax@gmail.com, 440-281-3010 License #2017005678 Listed on: 07/09/2025

Russell Real Estate Services

Last Buyer's Agent

Christina Coughlin

Russell Real Estate Services License #2015001882

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1951

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,207 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • 9,583 Sq Ft Lot
  • No Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-25-002-107-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1951
  • Attribution Contact: soldbydavax@gmail.com, 440-281-3010
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 1207.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half, Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.22
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-25-002-107-018
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 1450.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Jul 21, 2025
Sold by
Urban Brenda Kaye and Patton Natasha
Bought by
Gb Renovations Llc
Seller's Agent
David Axford
Russell Real Estate Services
Buyer's Agent
Christina Coughlin
Russell Real Estate Services
List Price
$65,000
Sold Price
$63,000
Premium/Discount to List
-$2,000
-3.08%
Views
15
Current Estimated Value
$93,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,890
Avg. Annual Appreciation
158.56%
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 Type Sale Price Title Company
Fiduciary Deed $63,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 Sold $63,000 -3.1% $52 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $65,000 -- $54 / 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 $1,756 $29,407 $7,196 $22,211
2023 $1,502 $27,573 $5,814 $21,760
2022 $1,497 $27,573 $5,814 $21,760
2021 $1,501 $27,573 $5,814 $21,760
2020 $1,321 $21,580 $4,550 $17,030
2019 $1,312 $21,580 $4,550 $17,030
2018 $1,462 $21,580 $4,550 $17,030
2017 $1,609 $25,310 $4,610 $20,700
2016 $1,587 $25,310 $4,610 $20,700
2015 $1,487 $25,310 $4,610 $20,700
2014 $1,525 $26,280 $4,790 $21,490
2013 $1,511 $26,280 $4,790 $21,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5137340

MLS Now

APN: 06-25-002-107-018