NOT LISTED FOR SALE

Estimated Value: $85,000 - $98,864

2 Beds
1 Bath
920 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $82,499 $90 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $587/month

229 Days on Market

Highlights

  • Cape Cod Architecture
  • 5-minute walk to West 65 - Lorain
  • Wood Siding
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2024

SELLER IS NOW OFFERING A 1 point buy down or 1k towards buyers closing costs with a full price offer if offered by Nov 1st!! Introducing a charming Cape Cod home with two bedrooms and one bathroom. This updated property features a new high-efficiency furnace
(2020) and an upgraded electrical system. Currently undergoing renovations, it will offer additional desirable finishings. Ideal for steady cash
flow or an affordable investment, this home is located in a rapidly growing area with substantial value appreciation potential. Recently turned
and rent ready, it showcases a renovated kitchen, bath, and refinished flooring. Previously leased at $899, it also boasts a new roof (2021). Serious buyers only, Home can be shown once we have an offer in hand.

Last Agent to Sell the Property

Greg Erlanger

Keller Williams Citywide Brokerage Email: kitcustersold@gmail.com License #2004000516 Listed on: 09/08/2023

Keller Williams Citywide

Last Buyer's Agent

isaac Mastel

EXP Realty, LLC. License #2018003887

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $408

Year Built

  • Built in 1904

Lot Details

  • 1,490 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Elwell & Marvin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 006-09-111

Home Details

Home Type

Single Family

Est. Annual Taxes

$408

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1904
  • Attribution Contact: kitcustersold@gmail.com
  • Subdivision Name: Elwell & Marvin
  • Above Grade Finished Sq Ft: 920.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link
  • Acres: 0.0342
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 006-09-111
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 408.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Apr 23, 2024
Sold by
Drane Property Group Llc
Bought by
Atlas Investing Llc
Seller's Agent
Greg Erlanger
Keller Williams Citywide
Buyer's Agent
isaac Mastel
EXP Realty, LLC.
List Price
$84,999
Sold Price
$82,499
Premium/Discount to List
-$2,500
-2.94%
Views
245
Current Estimated Value
$90,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,967
Avg. Annual Appreciation
0.74%
Original Mortgage
$65,999
Outstanding Balance
$65,355
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
$18,005

Purchase Details

Listed on
Oct 2, 2021
Closed on
Dec 21, 2021
Sold by
Sue Vannewhouse Jennifer
Bought by
Drane Property Group Llc
Seller's Agent
Sabrina Semidey
Realuxe Ohio
Buyer's Agent
Sabrina Semidey
Realuxe Ohio
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.10%
Original Mortgage
$94,700
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2006
Sold by
Vannewhouse Caryl
Bought by
Newhouse Jennifer Sue

Purchase Details

Closed on
Jan 22, 1980
Sold by
Vannewhouse James E
Bought by
Caryl L Van Newhouse

Purchase Details

Closed on
Aug 6, 1976
Sold by
Lawson Henry W and Lawson Virda L
Bought by
Vannewhouse James E

Purchase Details

Closed on
Jan 1, 1975
Bought by
Lawson Henry W and Lawson Virda L
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
Atlas Investing Llc $82,499 Pathway Title
Drane Property Group Llc $55,000 Infinity Title
Newhouse Jennifer Sue -- None Available
Caryl L Van Newhouse -- --
Vannewhouse James E $11,900 --
Lawson Henry W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlas Investing Llc $65,999
Previous Owner Drane Property Group Llc $94,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $82,499 0.0% $90 / Sq Ft
03/09/2024 03/09/24 Off Market $82,499 -- --
10/05/2023 10/05/23 Price Changed $82,499 -2.9% $90 / Sq Ft
09/08/2023 09/08/23 For Sale $84,999 +54.5% $92 / Sq Ft
12/28/2021 12/28/21 Sold $55,000 -15.4% $51 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $65,000 -- $60 / 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 $1,311 $19,600 $3,150 $16,450
2023 $410 $5,285 $1,925 $3,360
2022 $408 $5,290 $1,930 $3,360
2021 $395 $5,290 $1,930 $3,360
2020 $351 $4,060 $1,470 $2,590
2019 $324 $11,600 $4,200 $7,400
2018 $402 $4,060 $1,470 $2,590
2017 $485 $5,880 $1,750 $4,130
2016 $481 $5,880 $1,750 $4,130
2015 $772 $5,880 $1,750 $4,130
2014 $772 $6,200 $1,860 $4,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4488502

MLS Now

APN: 006-09-111