NOT LISTED FOR SALE

7047 Oak Tree Dr N Lorain, OH 44053

Estimated Value: $278,000 - $323,000

3 Beds
2.5 Baths
1,899 Sq Ft
$154/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $135,000 $71 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,832/month

55 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Deck
  • 2 Car Attached Garage
  • North Facing Home

About This Home

As of March 2015

You'll be pleasantly surprised as you enter this 3 bedroom home located in the desirable Oaks, Amherst Schools. Clean and nicely decorated. The great room features a gas fireplace, wood mantle and ceramic tile hearth. Faux wood blinds and a vaulted ceiling with cherry laminate flooring complete this elegant room. Open to the kitchen with a chandelier, pantry and a sliding door to the rear, 2-tier deck. A half bath with granite-top vanity and updated fixtures is conveniently located off the kitchen and garage. The owners suite features a private bath and walk-in closet. Two additional bedrooms, a second full bath and a laundry closet compliment the second story. The full, finished basement features ceramic tile floors, glass block windows, an office, a walk-in closet or storage area, and a recreation area. Some amenities include a new roof in 2014. A nicely landscaped front and rear yard. Sump pump approximately 3 years old. Qualified buyers please by appointment.

Last Agent to Sell the Property

Donna Templeton

Howard Hanna License #2006001869 Listed on: 01/23/2015

Howard Hanna

Co-Listed By

Donna Miller

Howard Hanna License #435559

Last Buyer's Agent

Hanford Dixon

EXP Realty, LLC. License #431692

EXP Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75 x 144
  • North Facing Home

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,899 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached 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 02-03-007-000-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,639

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial, Contemporary/Modern, Conventional
  • House Faces: North
  • Price Per Square Foot: 105.30
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1282
  • Year Built: 1998
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Range, Refrigerator, Sump Pump
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Finished, Full
  • Living Area Sq Ft: 1899
  • Estimated Total Living Area: 1899
  • Estimated Sq Ft: 1282

Exterior Features

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

Garage/Parking

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

Utilities

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

Schools

  • School District: Amherst EVSD
  • School District: Amherst EVSD

Lot Info

  • Lot Dimensions: 75 x 144
  • Lot Size Units: Acres
  • Acres: 0.2500
  • Parcel Number: 02-03-007-000-073

Tax Info

  • Tax: 2639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Mar 26, 2015
Sold by
Torres Marisela S and Torres Juancarlos
Bought by
Wilkins Glen A
Seller's Agent
Donna Templeton
Howard Hanna
Buyer's Agent
Hanford Dixon
EXP Realty, LLC.
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$292,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,008
Avg. Annual Appreciation
6.99%
Original Mortgage
$126,875
Outstanding Balance
$98,828
Interest Rate
3.67%
Mortgage Type
VA
Estimated Equity
$175,653

Purchase Details

Closed on
Nov 28, 2006
Sold by
Fannie Mae
Bought by
Torres Marisela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,405
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
Heffley Charles E and Heffley Tracy M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 20, 1998
Sold by
Oster Construction Inc
Bought by
Heffley Charles E and Heffley Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,100
Interest Rate
9.9%
Source: Public Records

Range of Values:

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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
Wilkins Glen A $135,000 Patriot Land Title Agency Ii
Torres Marisela S $149,900 Phoenix Title
Federal National Mortgage Association $160,000 None Available
Heffley Charles E $157,900 Sure Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Glen A $126,875
Previous Owner Torres Marisela S $142,405
Previous Owner Heffley Charles E $13,000
Previous Owner Heffley Charles E $166,500
Previous Owner Heffley Charles E $142,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $135,000 -3.5% $71 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $139,900 -- $74 / 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 $3,479 $83,696 $20,790 $62,906
2023 $3,065 $62,206 $13,115 $49,091
2022 $2,942 $62,206 $13,115 $49,091
2021 $2,949 $62,206 $13,115 $49,091
2020 $2,730 $51,030 $10,760 $40,270
2019 $2,678 $51,030 $10,760 $40,270
2018 $2,709 $51,030 $10,760 $40,270
2017 $2,727 $48,980 $9,880 $39,100
2016 $2,708 $48,980 $9,880 $39,100
2015 $2,617 $48,980 $9,880 $39,100
2014 $2,631 $49,100 $9,880 $39,220
2013 $2,639 $49,100 $9,880 $39,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3680253

MLS Now

APN: 02-03-007-000-073