NOT LISTED FOR SALE

7026 Oak Tree Dr S Lorain, OH 44053

Estimated Value: $325,152 - $351,000

4 Beds
4 Baths
2,430 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $205,500 $85 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,098/month

140 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Community Playground
  • Deck
  • Corner Lot
  • Park

About This Home

As of March 2020

Great opportunity to own this upgraded colonial in The Oaks neighborhood in the Amherst School District! The home is on a large corner lot with a shed. Many improvements consist of the following: freshly painted, newer flooring in Living Rm, Dining Rm, & hall. Living Rm offers gas fireplace & is open to the Dining Rm. The Kitchen has freshly painted cabinets w/all appliances staying! Slider doors off the Kitchen walk out to the large deck overlooking the expansive back yard. The Master Bedroom offers a large walk-in closet, private Master bath with soaking tub & walk-in shower. The other full bath has been updated. 3 additional bedrooms upstairs. The basement is finished w/additional living space offering Rec Rm, 1/2 bath & more! Close to parks, shopping, highways, & more! Don't miss this great opportunity...make an appointment today!

Last Agent to Sell the Property

Marcy Imperi

Plum Tree Realty, LLC License #2006004620 Listed on: 08/22/2019

Plum Tree Realty, LLC

Co-Listed By

Chris Roff

Howard Hanna License #2014002859

Last Buyer's Agent

Robert Hoover

Howard Hanna License #2019005485

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1998

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 92x144
  • Corner Lot

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-007-000-074

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • The Oaks Community
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,060

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Attached
  • Style: Colonial
  • Price Per Square Foot: 120.32
  • Estimated Price per Sq Ft: 120.32
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1708
  • Year Built: 1998
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Microwave, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Finished, Full
  • Sq Ft Approx Above Grade Finished: 1708.00
  • Sq Ft Approx Below Grade Finished: 722.00
  • Sq Ft Approx Total Finished: 2430.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Storage Shed/Out Bld
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Door Opener
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Common Facility, Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: The Oaks

Schools

  • School District: Amherst EVSD

Lot Info

  • Lot Dimensions: 92x144
  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.2900
  • Parcel Number: 02-03-007-000-074

Tax Info

  • Tax: 3060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Feb 28, 2020
Sold by
Velez Wilson and Velez Maria
Bought by
Behm Clinton A
Seller's Agent
Marcy Imperi
Plum Tree Realty, LLC
Buyer's Agent
Robert Hoover
Howard Hanna
List Price
$229,900
Sold Price
$205,500
Premium/Discount to List
-$24,400
-10.61%
Current Estimated Value
$341,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,288
Avg. Annual Appreciation
9.10%
Original Mortgage
$174,600
Outstanding Balance
$154,925
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$186,863

Purchase Details

Closed on
Nov 8, 2000
Sold by
Oster Construction Inc
Bought by
Velez Wilson and Velez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
7.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Behm Clinton A $205,500 Old Republic Title
Velez Wilson $171,900 Millennium Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Behm Clinton A $174,600
Previous Owner Velez Wilson $164,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $205,500 -1.2% $85 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
11/09/2019 11/09/19 Price Changed $207,990 -0.9% $86 / Sq Ft
09/20/2019 09/20/19 Price Changed $209,900 -2.4% $86 / Sq Ft
09/12/2019 09/12/19 Price Changed $214,990 -2.3% $88 / Sq Ft
09/04/2019 09/04/19 Price Changed $219,990 -2.2% $91 / Sq Ft
09/01/2019 09/01/19 Price Changed $224,990 -2.1% $93 / Sq Ft
08/22/2019 08/22/19 For Sale $229,900 -- $95 / 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 $3,714 $89,355 $22,915 $66,441
2023 $3,396 $68,929 $14,455 $54,474
2022 $3,260 $68,929 $14,455 $54,474
2021 $3,268 $68,929 $14,455 $54,474
2020 $3,103 $56,550 $11,860 $44,690
2019 $3,045 $56,550 $11,860 $44,690
2018 $2,932 $56,550 $11,860 $44,690
2017 $2,804 $49,080 $9,740 $39,340
2016 $2,784 $49,080 $9,740 $39,340
2015 $2,696 $49,080 $9,740 $39,340
2014 $2,704 $49,080 $9,740 $39,340
2013 $2,712 $49,080 $9,740 $39,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4127221

MLS Now

APN: 02-03-007-000-074