NOT LISTED FOR SALE

618 Brownell Ave Lorain, OH 44052

Estimated Value: $89,000 - $105,000

4 Beds
1 Bath
1,420 Sq Ft
$67/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $85,000 $60 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $595/month

77 Days on Market

Highlights

  • A-Frame Home
  • 1 Car Detached Garage
  • Forced Air Heating System
  • No HOA

About This Home

As of August 2024

Big time Section 8 money maker. Out of state investor needs to liquidate for personal reasons. His loss is your gain. Email agent for rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. Local & out of state investors welcome!

Last Agent to Sell the Property

James Wise

The Holton-Wise Property Group LLC Brokerage Email: 216-661-6633 Sales@holtonwise.com License #2015001161 Listed on: 05/21/2024

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC Brokerage Email: 216-661-6633 Sales@holtonwise.com License #2015001161 Listed on: 05/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1900

Lot Details

  • 2,178

Parking

  • 1 Car Detached Garage

Home Design

  • A-Frame Home
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • 2-Story Property
  • 2,178 Sq Ft Lot
  • Forced Air Heating System
  • Basement

Community Details

  • No Home Owners Association
  • George E Brownells Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-026-109-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,759

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1900
  • Attribution Contact: 216-661-6633 Sales@holtonwise.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: George E Brownells Add
  • Architectural Style: A-Frame
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 0.05
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Other
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-026-109-025
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1759.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Aug 27, 2024
Sold by
Ohio Falcon Llc
Bought by
Matthews Kelvin A and Lopez Cecilia
Seller's Agent
James Wise
The Holton-Wise Property Group LLC
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$94,900
Sold Price
$85,000
Premium/Discount to List
-$9,900
-10.43%
Views
17
Current Estimated Value
$95,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,335
Avg. Annual Appreciation
8.87%
Original Mortgage
$63,750
Outstanding Balance
$63,073
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$32,262

Purchase Details

Listed on
Sep 14, 2021
Closed on
Mar 25, 2022
Sold by
Carter and Carolyn
Bought by
Falcon Daniel
Seller's Agent
Robert Bromley
Howard Hanna
Buyer's Agent
James Wise
The Holton-Wise Property Group LLC
List Price
$69,900
Sold Price
$47,500
Premium/Discount to List
-$22,400
-32.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.93%
Source: Public Records
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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
Matthews Kelvin A $85,000 None Listed On Document
Falcon Daniel $47,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Kelvin A $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $85,000 -10.4% $60 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/14/2024 07/14/24 For Sale $94,900 +11.6% $67 / Sq Ft
05/21/2024 05/21/24 Off Market $85,000 -- --
05/21/2024 05/21/24 For Sale $94,900 +99.8% $67 / Sq Ft
03/25/2022 03/25/22 Sold $47,500 -32.0% $33 / Sq Ft View Prior Sale
02/28/2022 02/28/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $69,900 0.0% $49 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $69,900 0.0% $49 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $69,900 -- $49 / 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 $1,163 $27,524 $3,126 $24,399
2023 $975 $18,456 $2,828 $15,628
2022 $942 $18,456 $2,828 $15,628
2021 $942 $18,456 $2,828 $15,628
2020 $959 $16,320 $2,500 $13,820
2019 $954 $16,320 $2,500 $13,820
2018 $954 $16,320 $2,500 $13,820
2017 $958 $15,450 $3,370 $12,080
2016 $950 $15,450 $3,370 $12,080
2015 $896 $15,450 $3,370 $12,080
2014 $828 $14,310 $3,130 $11,180
2013 $822 $14,310 $3,130 $11,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5040112

MLS Now

APN: 02-02-026-109-025