NOT LISTED FOR SALE

6851 W Ridge Rd Lorain, OH 44053

Estimated Value: $193,000 - $225,000

3 Beds
1 Bath
1,747 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $160,000 $92 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,350/month

12 Days on Market

Highlights

  • 0.67 Acre Lot
  • Porch
  • West Facing Home
  • Colonial Architecture
  • Heating System Uses Steam

About This Home

As of April 2022

This bright farmhouse on over half an acre is ready for its next owner! The fantastic floor plan features the convenience of a first floor laundry room, bedroom and full bath, and a spacious kitchen that opens up to the generously sized living and dining room. The fully remodeled bathroom features porcelain tile flooring, a cherrywood vanity, and quartz countertop. The living room and 1st floor bedroom feature beautiful red oak hardwood flooring. The laundry room offers plenty of space for a pantry or storage shelving. The 2nd floor features 2 large bedrooms and an additional bonus room which is being utilized as an office. The majority of the exterior of the home has been sided with cedar shingles, and is awaiting your finishing touches. The front porch features teak wood planking. A natural gas well is located on the property, ensuring very affordable utilities! There is also an established organic garden on the property, including berry bushes and fruit trees for gardening enthusiasts, as well as an outbuilding at the rear of the property. The current owners have added even more fruit trees, new composting bins, and have expanded the gardens in the last year.
Additional recent updates include: Installation of new upper kitchen cabinets and shelving, refinished kitchen countertops, newly framed doorways and windows. Conveniently located close to highways and amenities while offering a peaceful rural setting, this home offers the best of both worlds!

Last Agent to Sell the Property

Heather Krause

EXP Realty, LLC. License #2016002407 Listed on: 02/25/2022

EXP Realty, LLC.

Co-Listed By

Scott Krause

EXP Realty, LLC. License #2019006439

Last Buyer's Agent

Melissa Porter

Howard Hanna License #2013001215

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1900

Lot Details

  • 0.67 Acre Lot
  • West Facing Home

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,747 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06-24-046-101-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,082

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 91.59
  • Estimated Price per Sq Ft: 91.59
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1747
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Dishwasher, Range, Refrigerator
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Room Count: 8
  • Basement Detail: Full, Unfinished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1747.00
  • Sq Ft Approx Total Finished: 1747.00

Exterior Features

  • Exterior: Aluminum, Cedar
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Septic

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.6700
  • Parcel Number: 06-24-046-101-015
  • LandLeaseYN: No

Tax Info

  • Tax: 2082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 2, 2020
Sold by
Karlak Victor L and Karlak Bernadette T
Bought by
Bunch James L
Seller's Agent
Heather Krause
EXP Realty, LLC.
Buyer's Agent
Anna Adams
Howard Hanna
List Price
$140,000
Sold Price
$129,500
Premium/Discount to List
-$10,500
-7.5%
Current Estimated Value
$206,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,732
Avg. Annual Appreciation
7.67%
Original Mortgage
$125,615
Outstanding Balance
$112,763
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$79,081

Purchase Details

Closed on
Aug 3, 2006
Sold by
Federal National Mortgage Association
Bought by
Self Help Ventures Fund

Purchase Details

Closed on
Jul 6, 2006
Sold by
Self Help Ventures Fund
Bought by
Karlak Victor L and Karlak Bernadette T

Purchase Details

Closed on
Jan 23, 2006
Sold by
Mcgregor Craig A and Mcgregor Terry L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 5, 2001
Sold by
Hatcher Wesley C and Sheriff Judy
Bought by
Mcgregor Craig A and Mcgregor Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,025
Interest Rate
7.05%

Purchase Details

Closed on
Mar 5, 2001
Sold by
Estate Of Gladys V Hatcher
Bought by
Hatcher Wesley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,025
Interest Rate
7.05%
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
Bunch James L $144,500 Fidelity National Title
Self Help Ventures Fund $70,000 Accutitle Agency Inc
Karlak Victor L $70,000 Accutitle Agency Inc
Federal National Mortgage Association $80,000 None Available
Mcgregor Craig A $82,500 Insignia Title
Hatcher Wesley C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunch James L $125,615
Previous Owner Mcgregor Craig A $80,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $160,000 0.0% $92 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/06/2022 03/06/22 Price Changed $160,000 -5.0% $92 / Sq Ft
02/25/2022 02/25/22 For Sale $168,500 +30.1% $96 / Sq Ft
06/03/2020 06/03/20 Sold $129,500 -4.0% $74 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/19/2020 04/19/20 Price Changed $134,900 -3.6% $77 / Sq Ft
03/20/2020 03/20/20 For Sale $140,000 -- $80 / 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 $3,137 $57,603 $13,524 $44,079
2023 $2,270 $35,511 $10,441 $25,071
2022 $2,262 $35,511 $10,441 $25,071
2021 $2,126 $35,511 $10,441 $25,071
2020 $1,985 $29,250 $8,600 $20,650
2019 $1,973 $29,250 $8,600 $20,650
2018 $1,897 $29,250 $8,600 $20,650
2017 $1,818 $25,720 $7,860 $17,860
2016 $1,753 $25,720 $7,860 $17,860
2015 $1,650 $25,720 $7,860 $17,860
2014 $1,669 $26,600 $8,130 $18,470
2013 $1,610 $26,600 $8,130 $18,470
Source: Public Records

Agents Affiliated with this Home

  • Heather Krause

    Seller's Agent in 2022

    Heather Krause

    EXP Realty, LLC.

    (440) 787-4020

    7 in this area

    31 Total Sales

    Heather Krause
    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Scott Krause

    EXP Realty, LLC.

    (440) 463-4840

    5 in this area

    29 Total Sales

    Scott Krause
    Section Image
  • Melissa Porter

    Buyer's Agent in 2022

    Melissa Porter

    Howard Hanna

    (440) 328-9893

    10 in this area

    48 Total Sales

    Melissa Porter
    Section Image

  • A

    Buyer's Agent in 2020

    Anna Adams

    Howard Hanna

    (440) 320-8031

    8 in this area

    74 Total Sales

    Anna Adams
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4347397

MLS Now

APN: 06-24-046-101-015

Ohio Lorain County Lorain 44035

6851 W Ridge Rd, Lorain, OH

This home is located at 6851 W Ridge Rd, Lorain, OH 44053 since 25 February 2022 and is currently estimated at $206,232, approximately $118 per square foot. This property was built in 1900. 6851 W Ridge Rd is a home located in Lorain County with nearby schools including Crestwood Elementary School, Westwood Middle School, and Elyria High School.

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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