NOT LISTED FOR SALE

7053 Oak Tree Dr S Lorain, OH 44053

Estimated Value: $267,894 - $327,000

3 Beds
2.5 Baths
1,405 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $133,500 $95 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,769/month

162 Days on Market

Highlights

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

About This Home

As of February 2016

AMHERST SCHOOLS Nice 3 bed, 2.5 bath colonial. Full basement. Deck - pool - shed - all appliances stay. Oak's subdivision. 2-car attached garage.

Last Agent to Sell the Property

Gary Dodson

Howard Hanna License #290885 Listed on: 07/27/2015

Howard Hanna

Last Buyer's Agent

Gary Dodson

Howard Hanna License #290885 Listed on: 07/27/2015

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1997

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • North Facing Home

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,405 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Oaks Community

Listing and Financial Details

  • Assessor Parcel Number 02-03-007-000-079

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,504

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 95.02
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1405
  • Year Built: 1997
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Sump Pump, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Room Count: 6
  • Basement Detail: Full
  • Living Area Sq Ft: 1405
  • Estimated Total Living Area: 1405
  • Estimated Sq Ft: 1405

Exterior Features

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

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, 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

Condo/Co-op/Association

  • Subdivision Complex: Oaks

Schools

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

Lot Info

  • Lot Dimensions: 75x140
  • Lot Size Units: Acres
  • Acres: 0.2400
  • Parcel Number: 02-03-007-000-079

Tax Info

  • Tax: 2504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Feb 23, 2016
Sold by
Krnac Keith E and Krnac Jennifer R
Bought by
Hershman Dustin
Seller's Agent
Gary Dodson
Howard Hanna
Buyer's Agent
Gary Dodson
Howard Hanna
List Price
$158,000
Sold Price
$133,500
Premium/Discount to List
-$24,500
-15.51%
Current Estimated Value
$289,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,724
Avg. Annual Appreciation
8.05%
Original Mortgage
$6,675
Outstanding Balance
$5,494
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$274,924

Purchase Details

Closed on
Feb 12, 1998
Sold by
Oster Construction Inc
Bought by
Kmac Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,900
Interest Rate
5.37%
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
Hershman Dustin $133,500 Amer Prairie Title Agency
Kmac Keith E $152,400 Lorain County Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hershman Dustin $6,675
Previous Owner Kmac Keith E $121,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $133,500 -15.5% $95 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
07/27/2015 07/27/15 For Sale $158,000 -- $112 / 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 $2,907 $69,909 $20,370 $49,539
2023 $2,744 $55,668 $12,852 $42,816
2022 $2,634 $55,668 $12,852 $42,816
2021 $2,641 $55,668 $12,852 $42,816
2020 $2,444 $45,660 $10,540 $35,120
2019 $2,397 $45,660 $10,540 $35,120
2018 $2,470 $45,660 $10,540 $35,120
2017 $2,531 $45,450 $9,680 $35,770
2016 $2,578 $45,450 $9,680 $35,770
2015 $2,496 $45,450 $9,680 $35,770
2014 $2,504 $45,450 $9,680 $35,770
2013 $2,512 $45,450 $9,680 $35,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3733510

MLS Now

APN: 02-03-007-000-079