NOT LISTED FOR SALE

637 Reid Ave Lorain, OH 44052

Estimated Value: $151,000 - $183,000

3 Beds
1 Bath
1,510 Sq Ft
$111/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $150,000 $99 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,048/month

65 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Deck
  • No HOA
  • West Facing Home

About This Home

As of December 2023

Welcome to this beautiful 3 bedroom colonial home located in the heart of beautiful downtown. Fully fenced yard and ample parking for 4-6 vehicles and/or a boat. Updates completed in 2023 include Carpet, Flooring, Paint, Ceiling fans, Light fixtures, Kitchen cabinets, Butcher block countertop, Appliances, Landscaping, Deck, Sliding door, Alarm system, Ceilings, Custom bathroom, Interior doors, updated electrical outlets/switches, Foundation sealed. New furnace and Central Air installed in 2022 Enjoy shopping on Broadway, Lorain Palace Theatre, Restaurants, Rockin on the River and so much more right in your own backyard! Minutes to the boat launch and Lakeview Park.

Last Agent to Sell the Property

Pam Hakaim

RE/MAX Above & Beyond Brokerage Email: pamhakaim@gmail.com License #2016000717 Listed on: 08/18/2023

RE/MAX Above & Beyond

Last Buyer's Agent

Evan Smith

RE/MAX Crossroads Properties License #2021004501

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 48x100
  • West Facing Home
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Unpaved Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-01-004-105-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: pamhakaim@gmail.com
  • Above Grade Finished Sq Ft: 1510.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Basement: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Full, Wood
  • Acres: 0.11
  • Disclosures: Owner Is Listing Agent
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: West
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Unpaved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, None
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-004-105-009
  • LandLeaseYN: No
  • Lot Dimensions: 48x100
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1049.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 30, 2023
Sold by
Hakaim Tom S and Hakaim Pamela
Bought by
Robles Irene and Drubec Lisa
Seller's Agent
Pam Hakaim
RE/MAX Above & Beyond
Buyer's Agent
Evan Smith
RE/MAX Crossroads Properties
List Price
$209,900
Sold Price
$150,000
Premium/Discount to List
-$59,900
-28.54%
Total Days on Market
65
Views
253
Current Estimated Value
$167,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,520
Avg. Annual Appreciation
7.59%
Original Mortgage
$147,283
Outstanding Balance
$145,495
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$22,025

Purchase Details

Listed on
Dec 17, 2019
Closed on
Mar 18, 2020
Sold by
Dark Star Real Estate Llc
Bought by
Hakaim Pamela and Hakaim Tom S
Seller's Agent
Fred Barck
Deleted Agent
Buyer's Agent
Pam Hakaim
RE/MAX Above & Beyond
List Price
$27,500
Sold Price
$19,000
Premium/Discount to List
-$8,500
-30.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.53%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Mager Mary B
Bought by
Dark Star Real Estate Llc

Purchase Details

Closed on
Jan 19, 2005
Sold by
Mager Mary B
Bought by
Mager Mary B and Mary B Mager Revocable Living Trust
Source: Public Records

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Range of Values:

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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
Robles Irene $150,000 Stewart Title
Hakaim Pamela $19,000 Newman
Dark Star Real Estate Llc -- None Available
Mager Mary B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Irene $7,241
Open Robles Irene $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $150,000 -3.2% $99 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $154,900 -8.6% $103 / Sq Ft
09/25/2023 09/25/23 Price Changed $169,500 -10.3% $112 / Sq Ft
08/30/2023 08/30/23 Price Changed $188,900 -10.0% $125 / Sq Ft
08/18/2023 08/18/23 For Sale $209,900 +1004.7% $139 / Sq Ft
03/19/2020 03/19/20 Sold $19,000 -24.0% $13 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/06/2020 02/06/20 Price Changed $25,000 -9.1% $17 / Sq Ft
12/17/2019 12/17/19 For Sale $27,500 -- $18 / 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 $1,278 $30,996 $3,969 $27,027
2023 $1,058 $20,027 $2,692 $17,336
2022 $1,049 $20,027 $2,692 $17,336
2021 $1,049 $20,027 $2,692 $17,336
2020 $1,068 $17,710 $2,380 $15,330
2019 $1,062 $17,710 $2,380 $15,330
2018 $1,069 $17,710 $2,380 $15,330
2017 $1,075 $16,890 $2,680 $14,210
2016 $1,066 $16,890 $2,680 $14,210
2015 $1,007 $16,890 $2,680 $14,210
2014 $930 $15,630 $2,480 $13,150
2013 $923 $15,630 $2,480 $13,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4483299

MLS Now

APN: 02-01-004-105-009