NOT LISTED FOR SALE

5948 Oak Point Rd Lorain, OH 44053

Estimated Value: $254,044 - $288,000

3 Beds
2 Baths
1,352 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 5948 Oak Point Rd, Lorain, OH 44053 and is currently estimated at $274,011, approximately $202 per square foot. 5948 Oak Point Rd 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
Apr 23, 2010
Sold by
Fannie Mae
Bought by
Bolden Joyce A
Current Estimated Value
$274,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,378
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2009
Sold by
Dryden Billy J and Dryden Erin
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 24, 2006
Sold by
Armelli Guy Thomas and Armelli Michelle A
Bought by
Dryden Billy J and Dryden Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2005
Sold by
Moore Michelle A
Bought by
Armelli Guy Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
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.

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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.

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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.

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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.

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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
Bolden Joyce A $122,000 Accutitle Agency Inc
Federal National Mortgage Association $136,560 None Available
Dryden Billy J $152,000 First American
Armelli Guy Thomas $144,000 Cresent Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolden Joyce A $120,378
Previous Owner Dryden Billy J $152,000
Previous Owner Armelli Guy Thomas $122,250
Previous Owner Moore Jim D $30,000
Closed Armelli Guy Thomas $21,750
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 $2,483 $69,542 $19,250 $50,292
2023 $2,451 $48,584 $12,383 $36,201
2022 $2,583 $48,584 $12,383 $36,201
2021 $2,557 $48,584 $12,383 $36,201
2020 $2,509 $42,170 $10,750 $31,420
2019 $2,466 $42,170 $10,750 $31,420
2018 $2,504 $42,170 $10,750 $31,420
2017 $2,531 $40,880 $9,790 $31,090
2016 $2,514 $40,880 $9,790 $31,090
2015 $2,441 $40,880 $9,790 $31,090
2014 $2,403 $40,070 $9,590 $30,480
2013 $2,410 $40,070 $9,590 $30,480
Source: Public Records

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