$82,000
SOLD OCT 8, 2024

742 Allison Ave Lorain, OH 44052

3 Beds
1.5 Baths
1,434 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

29% Below List Price

74 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Rear Porch
  • East Facing Home

About This Home

As of October 2024

Cash offers or Rehab loans only due to necessary repairs. This 3 bed, 1.5 bath Colonial has TONS of charm that needs some updating!!! Lovely foyer to greet the guests. Nice large living room features a fireplace, built-ins and gorgeous hardwood floors that continue into the dining room. Lovely built-ins in the dining room too!!! The kitchen is bright and cheery and has an eat in nook!!! There is a 1/2 bath on the 1st floor conveniently located off of the eat in nook. Upstairs are 3 wonderfully sized bedrooms, those beautiful hardwood floors throughout, a full bath, and a walk-up attic! Outside there is a back porch, 1 car garage that used to have a little green house on the side and a private back yard. Breathe new life into this beauty!

Last Agent to Sell the Property

Sonsee Schramm

Howard Hanna Brokerage Email: sonseeschramm@howardhanna.com 440-897-3014 License #2015001558 Listed on: 07/01/2024

Howard Hanna

Last Buyer's Agent

Sandor Sundem

Lokal Real Estate, LLC. License #2022006518

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,561

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • East Facing Home

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,434 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Rear Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-02-027-110-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,561

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1940
  • Attribution Contact: sonseeschramm@howardhanna.com 440-897-3014
  • Above Grade Finished Sq Ft: 1434.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • ResoWindowFeatures: Wood Frames
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Unfinished
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.12
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Fireplace(s), Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-027-110-024
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1561.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Columbus Ericson Construction Llc
Bought by
Meloul Elise

Purchase Details

Listed on
Jul 1, 2024
Closed on
Oct 8, 2024
Sold by
Parks Thomas R and Rogers Barbara L
Bought by
Columbus Ericson Construction Llc
Seller's Agent
Sonsee Schramm
Howard Hanna
Buyer's Agent
Sandor Sundem
Lokal Real Estate, LLC.
List Price
$115,000
Sold Price
$82,000
Premium/Discount to List
-$33,000
-28.7%
Views
152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.44%

Purchase Details

Closed on
Dec 14, 2023
Sold by
Parks Thomas Ray
Bought by
Parks Thomas R and Rogers Barbara L

Purchase Details

Closed on
Aug 1, 2016
Sold by
Parks Gary Richard
Bought by
Parks Thomas Ray

Purchase Details

Closed on
Jul 25, 2016
Sold by
Parks Gary R
Bought by
Park Gary Richard and Park Thomas Ray

Purchase Details

Closed on
Mar 17, 2000
Sold by
Ruth Parks Mary and Ruth John A
Bought by
Parks John A and Parks Mary R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $82,000 Fidelity National Title
Deed -- None Listed On Document
Interfamily Deed Transfer $37,500 --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $255,000 +211.0% $135 / Sq Ft
10/08/2024 10/08/24 Sold $82,000 -24.1% $57 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $108,000 -1.8% $75 / Sq Ft
07/18/2024 07/18/24 Price Changed $110,000 -4.3% $77 / Sq Ft
07/01/2024 07/01/24 For Sale $115,000 -- $80 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $2,129 $50,379 $9,048 $41,332
2023 $1,561 $30,300 $7,497 $22,803
2022 $1,547 $30,300 $7,497 $22,803
2021 $1,547 $30,300 $7,500 $22,800
2020 $1,466 $24,940 $6,170 $18,770
2019 $1,457 $24,940 $6,170 $18,770
2018 $1,554 $24,940 $6,170 $18,770
2017 $1,649 $26,600 $5,820 $20,780
2016 $1,679 $26,600 $5,820 $20,780
2015 $1,039 $26,600 $5,820 $20,780
2014 $1,195 $29,390 $6,430 $22,960
2013 $1,186 $29,390 $6,430 $22,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5050551

MLS Now (Howard Hanna)

APN: 02-02-027-110-024