NOT LISTED FOR SALE

7428 Lake Ave Elyria, OH 44035

Estimated Value: $197,000 - $244,000

3 Beds
2 Baths
1,680 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $190,000 $113 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,494/month

1 Day on Market

Highlights

  • 0.95 Acre Lot
  • 1 Fireplace
  • Additional Land
  • Deck
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Motivated seller. Well maintained ranch home built in 2004, sits on almost an acre of land. This open floor plan is spacious and leads out to a deck overlooking the back yard and tress. This home features a master bedroom with a whirlpool tub and shower, along with walk-in closets. Come and enjoy the 40 x 30 pole barn which can be used as extra parking, a workshop, extra family room or anything you desire. Located near shopping and highways.

Last Agent to Sell the Property

Jessica Higgins

Deleted Agent License #2017000130 Listed on: 06/19/2020

Last Buyer's Agent

Carol Gallardo

House to Home Real Estate Professionals, LLC. License #253647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 2004

Lot Details

  • 0.95 Acre Lot
  • East Facing Home
  • Chain Link Fence
  • Unpaved Streets
  • Additional Land

Parking

  • 2 Car Direct Access Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Lake Ave Allotment Community

Listing and Financial Details

  • Assessor Parcel Number 06-24-036-104-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,090

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Ranch
  • House Faces: East
  • Price Per Square Foot: 113.10
  • Estimated Price per Sq Ft: 113.10
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1680
  • Year Built: 2004
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Freezer, Range, Refrigerator, Sump Pump, Washer
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Bedrooms on Main Level: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Room Count: 8
  • Basement Detail: Full, Unfinished
  • Laundry On Main: 1
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1680.00
  • Sq Ft Approx Total Finished: 1680.00

Exterior Features

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

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Access from Unit, Attached
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Lake Ave Allotment

Schools

  • School District: Elyria CSD

Lot Info

  • Additional Assessor Parcel Number 1: 06-24-036-104-026
  • Additional Assessor Parcel Number 2: 06-24-036-104-024
  • Additional Assessor Parcel Number 3: 06-24-036-104-023
  • Lot Description: Addt'l Land Avail
  • Lot Size Units: Acres
  • Acres: 0.9500
  • Parcel Number: 06-24-036-104-025

Tax Info

  • Tax: 4090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 3, 2020
Sold by
Vaughan Minnie L
Bought by
Shepherd Annitta M and Shepherd Kevin W
Seller's Agent
Jessica Higgins
Deleted Agent
Buyer's Agent
Carol Gallardo
House to Home Real Estate Professionals, LLC.
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Current Estimated Value
$223,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,304
Avg. Annual Appreciation
3.04%
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2003
Sold by
Slack Marjorie A
Bought by
Vaughan Isaac R and Vaughan Minnie L

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
6.02%
Mortgage Type
Construction
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
Shepherd Annitta M $190,000 Fidelity National Title
Vaughan Isaac R $33,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shepherd Annitta M $150,000
Closed Vaughan Isaac R $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $190,000 -5.0% $113 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $199,900 -- $119 / 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 $3,886 $71,579 $6,860 $64,719
2023 $3,776 $59,553 $5,772 $53,781
2022 $3,763 $59,553 $5,772 $53,781
2021 $3,535 $59,553 $5,772 $53,781
2020 $2,719 $49,050 $4,750 $44,300
2019 $2,702 $49,050 $4,750 $44,300
2018 $2,641 $49,050 $4,750 $44,300
2017 $2,439 $45,430 $4,360 $41,070
2016 $2,484 $45,430 $4,360 $41,070
2015 $2,337 $45,430 $4,360 $41,070
2014 $2,390 $46,980 $4,510 $42,470
2013 $2,306 $46,980 $4,510 $42,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4198214

MLS Now

APN: 06-24-036-104-025