Seller's Agent in 2018
Mathew Chase
Keller Williams Greater Metropolitan
(440) 452-2000
93 in this area
787 Total Sales
730 N Ridge Rd E Lorain, OH 44055
Estimated Value: $170,000 - $246,000
3
Beds
3
Baths
1,754
Sq Ft
$125/Sq Ft
Est. Value
Highlights
- City View
- Corner Lot
- Forced Air Heating and Cooling System
- 0.58 Acre Lot
- Home Security System
- East Facing Home
About This Home
As of August 2018What a rare opportunity to own one of a kind property! This 3 unit, multi-family home has a 1 bedroom walkout basement unit or in-law suite with one bedroom and tons of living space. From there, you walk into the main unit's large mudroom. This 2-story unit features a beautiful living room with gas fireplace that is perfect for entertaining. One the first floor, you will also find 2 bonus rooms that can be used as offices or even turned into bedrooms. When you walk upstairs, you will find a large living room with wet bar, leading to the bedroom and full bathroom on the second floor. Behind the home, on the large .50 acre lot, there is another free standing 1 bedroom apartment that can be made into a workshop/office or continue to be rented. Convert this beautiful home back into a single-family with in-law suite or keep it as a 3-unit for an amazing investment opportunity.
Last Agent to Sell the Property
Keller Williams Greater Metropolitan License #2013002819 Listed on: 03/19/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 0.58 Acre Lot
- East Facing Home
- Corner Lot
Home Design
- Brick Exterior Construction
- Fiberglass Roof
- Asphalt Roof
Interior Spaces
- 1,754 Sq Ft Home
- 3-Story Property
- Wood Burning Fireplace
- Gas Fireplace
- City Views
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- No Garage
- Paved Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- 3 Units
- Sheffield Subdivision
Listing and Financial Details
- Assessor Parcel Number 03-00-113-104-048
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 9, 2022
Sold by
Sanchez Rafael S
Bought by
Rafael Sanchez Trust
Current Estimated Value
Purchase Details
Closed on
Oct 6, 2020
Sold by
7P0ines I Properties Llc
Bought by
Sanchez Rafael S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 19, 2018
Closed on
Aug 30, 2018
Sold by
Fronek Donald
Bought by
7Pines1properties Llc
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Robert Rigsby
Russell Real Estate Services
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$116,250
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 29, 2014
Sold by
Park National Bank
Bought by
Fronek Donald
Purchase Details
Closed on
Dec 16, 2013
Sold by
New Life Development Of Greater Clevelan
Bought by
The Park National Bank
Purchase Details
Closed on
Mar 13, 2009
Sold by
Slay Edward M and Slay Rochelle D
Bought by
New Life Development Of Greater Clevelan
Purchase Details
Closed on
Jul 16, 2003
Sold by
Haddix Verle G and Haddix Betty D
Bought by
Slay Edward M and Slay Rochelle D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,209
Interest Rate
5.3%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rafael Sanchez Trust | -- | Chicago Title | |
| Sanchez Rafael S | -- | None Available | |
| 7Pines1properties Llc | $155,000 | None Available | |
| Fronek Donald | $50,000 | None Available | |
| The Park National Bank | $108,000 | None Available | |
| New Life Development Of Greater Clevelan | -- | Attorney | |
| Slay Edward M | $185,000 | Midland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sanchez Rafael S | $119,000 | |
| Previous Owner | 7Pines1properties Llc | $116,250 | |
| Previous Owner | Slay Edward M | $149,209 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2018 08/31/18 | Sold | $155,000 | -5.5% | $88 / Sq Ft |
| 06/12/2018 06/12/18 | Pending | -- | -- | -- |
| 04/30/2018 04/30/18 | Price Changed | $164,000 | -3.0% | $94 / Sq Ft |
| 03/23/2018 03/23/18 | For Sale | $169,000 | 0.0% | $96 / Sq Ft |
| 11/14/2012 11/14/12 | Rented | $500 | 0.0% | -- |
| 02/16/2012 02/16/12 | Under Contract | -- | -- | -- |
| 12/23/2011 12/23/11 | For Rent | $500 | -- | -- |
Source: MLS Now
Tax History Compared to Growth
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 | $3,085 | $70,847 | $7,952 | $62,895 |
| 2023 | $3,555 | $65,097 | $7,791 | $57,306 |
| 2022 | $3,650 | $65,097 | $7,791 | $57,306 |
| 2021 | $3,852 | $65,097 | $7,791 | $57,306 |
| 2020 | $3,651 | $58,650 | $7,020 | $51,630 |
| 2019 | $3,635 | $58,650 | $7,020 | $51,630 |
| 2018 | $4,185 | $58,650 | $7,020 | $51,630 |
| 2017 | $4,718 | $63,300 | $18,300 | $45,000 |
| 2016 | $4,767 | $63,300 | $18,300 | $45,000 |
| 2015 | $5,129 | $63,300 | $18,300 | $45,000 |
| 2014 | $4,069 | $63,300 | $18,300 | $45,000 |
| 2013 | $4,069 | $63,300 | $18,300 | $45,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mathew Chase
-
Robert Rigsby
Buyer's Agent in 2018
Robert Rigsby
Russell Real Estate Services
(440) 526-9400
3 in this area
31 Total Sales
-
E
Seller's Agent in 2012
Emily Rivera-Jackson
Deleted Agent
-
Donna Templeton
Buyer's Agent in 2012
Donna Templeton
Howard Hanna
(440) 396-8063
41 in this area
200 Total Sales
-
Donna Miller
Buyer Co-Listing Agent in 2012
Donna Miller
Howard Hanna
(440) 396-8063
5 in this area
10 Total Sales
Map
Source: MLS Now
MLS Number: 3981576
APN: 03-00-113-104-048
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