NOT LISTED FOR SALE

561 University Ave Elyria, OH 44035

Estimated Value: $216,000 - $264,000

3 Beds
1.5 Baths
1,944 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $86,500 $44 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,562/month

70 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Patio
  • Property is Fully Fenced

About This Home

As of January 2013

Lovely Split Level Home. Large Living Room. Family Room With Woodburning Fireplace. Covered Patio And Fenced Yard. Great Location! Close To Major Highways. HUD Case #412-484644. HUD Homes are sold as-is. Please visit HUDHomeStore for additional details or to view more available properties for sale. This property is managed by Matt Martin Real Estate Management.

Last Agent to Sell the Property

Mandria Aceto

Realuxe Ohio License #2003007374 Listed on: 08/23/2012

Last Buyer's Agent

Karen Mobert

Howard Hanna License #2004008160

Howard Hanna

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 60x132
  • Property is Fully Fenced
  • Wood Fence
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 06-25-002-113-007

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Split Level
  • Price Per Square Foot: 44.50
  • Num Of Stories: 2.00
  • Total Sq Ft: 1944
  • Year Built: 1970
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances Equipment: Dishwasher
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Count: 9
  • Estimated Sq Ft: 1944

Exterior Features

  • Exterior: Brick, Vinyl
  • Exterior Features: Patio, Storage Shed/Out Bld
  • Fences: Full, Wood
  • 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: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Elyria CSD
  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 60x132
  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Parcel Number: 06-25-002-113-007

Tax Info

  • Tax: 2496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2012
Closed on
Jan 3, 2013
Sold by
Secretary Of Hud
Bought by
Mollohan Amanda J and Mollohan Gale E
Seller's Agent
Mandria Aceto
Realuxe Ohio
Buyer's Agent
Karen Mobert
Howard Hanna
List Price
$85,000
Sold Price
$86,500
Premium/Discount to List
$1,500
1.76%
Current Estimated Value
$241,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,016
Avg. Annual Appreciation
8.28%
Original Mortgage
$83,460
Outstanding Balance
$58,116
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$178,805

Purchase Details

Closed on
Jul 23, 2012
Sold by
Citimortgage Inc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 20, 2012
Sold by
Wise Daniel K
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 1, 2002
Sold by
Marsaw Claude E
Bought by
Wise Daniel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,053
Interest Rate
6.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mollohan Amanda J $86,500 Lakeside Title & Escrow
Secretary Of Hud -- None Available
Citimortgage Inc $76,000 None Available
Wise Daniel K $126,000 Hometown Usa Title Agency Lt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mollohan Amanda J $83,460
Previous Owner Wise Daniel $12,594
Previous Owner Wise Daniel $10,291
Previous Owner Wise Daniel K $124,053
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Sold $86,500 +1.8% $44 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $85,000 -- $44 / 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 $3,077 $64,337 $11,466 $52,871
2023 $2,377 $42,872 $10,000 $32,872
2022 $2,360 $42,872 $10,000 $32,872
2021 $2,358 $42,872 $10,000 $32,872
2020 $2,230 $36,310 $8,470 $27,840
2019 $2,248 $36,310 $8,470 $27,840
2018 $2,230 $36,310 $8,470 $27,840
2017 $2,247 $35,360 $8,600 $26,760
2016 $2,218 $35,360 $8,600 $26,760
2015 $2,077 $35,360 $8,600 $26,760
2014 $2,052 $35,360 $8,600 $26,760
2013 $2,090 $35,360 $8,600 $26,760
Source: Public Records

Agents Affiliated with this Home

  • Mandria Aceto

    Seller's Agent in 2013

    Mandria Aceto

    Realuxe Ohio

    (440) 341-2878

    1 in this area

    71 Total Sales

    Mandria Aceto
    Section Image

  • K

    Buyer's Agent in 2013

    Karen Mobert

    Howard Hanna

    (440) 785-2073

    37 in this area

    87 Total Sales

    Karen Mobert
    Section Image
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Map

Source: MLS Now

MLS Number: 3345834

MLS Now

APN: 06-25-002-113-007

Ohio Lorain County Elyria 44035

561 University Ave, Elyria, OH

This home is located at 561 University Ave, Elyria, OH 44035 since 23 August 2012 and is currently estimated at $241,516, approximately $124 per square foot. This property was built in 1970. 561 University Ave is a home located in Lorain County with nearby schools including Eastern Heights Middle School, Elyria High School, and Constellation Schools: Elyria Community Elementary.

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.

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