NOT LISTED FOR SALE

627 Cornell Ave Elyria, OH 44035

Estimated Value: $140,000 - $179,000

3 Beds
1 Bath
1,089 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $118,000 $108 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $986/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • 4-minute walk to East Park
  • Shed
  • 1-Story Property

About This Home

As of August 2021

Great 3 bedroom 1089 SQ FT home in real good condition in a great location. The house has carpet but a lot of the floors are hardwood . The house has lots of upgrades as a newer HW tank, updated windows ,siding and blown insulation in home. There is a nice yard with a storage shed. The basement area has lots of potential for additional space for a playroom, mancave or recreation room. This is a must see home and is priced very well and wont last long.

Last Agent to Sell the Property

Lary Jameyson

King Realty License #290742 Listed on: 07/07/2021

Last Buyer's Agent

Joshua Johnson

RE/MAX Transitions License #2024002936

RE/MAX Transitions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1952

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 49.8x135
  • Unpaved Streets

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,089 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Harvard Ave Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 06-25-006-123-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,546

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Cape Cod
  • Price Per Square Foot: 108.36
  • Estimated Price per Sq Ft: 108.36
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1089
  • Year Built: 1952
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 5
  • Basement Detail: Full
  • Laundry Lower: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1089.00
  • Sq Ft Approx Total Finished: 1089.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Shed
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Harvard Ave Allotment

Schools

  • School District: Elyria CSD

Lot Info

  • Lot Dimensions: 49.8x135
  • Lot Size Units: Acres
  • Acres: 0.1500
  • Parcel Number: 06-25-006-123-007

Tax Info

  • Tax: 1546

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 18, 2021
Sold by
Bailey Mark E and Bailey Lynette
Bought by
Smith Michael
Seller's Agent
Lary Jameyson
King Realty
Buyer's Agent
Joshua Johnson
RE/MAX Transitions
List Price
$114,900
Sold Price
$118,000
Premium/Discount to List
$3,100
2.7%
Current Estimated Value
$155,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,324
Avg. Annual Appreciation
6.51%
Original Mortgage
$115,022
Outstanding Balance
$104,591
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$50,733

Purchase Details

Closed on
Mar 24, 2006
Sold by
Spence Pamela D
Bought by
Bailey Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Smith Michael $118,000 None Available
Bailey Mark E -- Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael $115,022
Previous Owner Bailey Mark E $79,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $118,000 +2.7% $108 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $114,900 -- $106 / 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 $2,074 $43,138 $9,597 $33,541
2023 $1,775 $31,682 $7,753 $23,930
2022 $1,720 $31,682 $7,753 $23,930
2021 $1,767 $31,682 $7,753 $23,930
2020 $1,555 $24,800 $6,070 $18,730
2019 $1,546 $24,800 $6,070 $18,730
2018 $1,599 $25,610 $6,070 $19,540
2017 $1,546 $23,740 $6,150 $17,590
2016 $1,527 $23,740 $6,150 $17,590
2015 $1,395 $23,740 $6,150 $17,590
2014 $1,430 $24,640 $6,380 $18,260
2013 $1,417 $24,640 $6,380 $18,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4295641

MLS Now

APN: 06-25-006-123-007