NOT LISTED FOR SALE

753 E Erie Ave Lorain, OH 44052

Estimated Value: $22,000 - $141,000

3 Beds
1 Bath
1,542 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $6,000 $4 Per Sq Ft

Est. 1,528% increase in value since last sale

Current estimated payment $552/month

92 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Baseboard Heating

About This Home

As of October 2017

Large colonial in the heart of Lorain. Lots of potential, old world charm. Built ins, hardwood floors, unfinished basement for plenty of storage. Bring this home to its original beauty! Large kitchen with lots of cabinets/counter top space. Out building in rear for additional storage. Nearby amenities include local area retail, restaurants, park and Lake Erie. As is condition, Seller will not make repairs. Buyer responsible for own due diligence, to make own inquiry and verification of all property information, City violations/Point of Sale requirements, condition, tax, square footage, and parcel data. Broker is not liable or responsible to verify any information as all data in MLS is reflective of public records. Buyers recommended to investigate all data.

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. License #2003011130 Listed on: 06/27/2017

Last Buyer's Agent

Josephine Andrick

Key Realty License #2004009802

Key Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x112
  • Unpaved Streets

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,542 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Shultz & Faraghers Add Community

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-101-004

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • Price Per Square Foot: 3.89
  • Estimated Price per Sq Ft: 3.89
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1542
  • Year Built: 1910
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Sq Ft Approx Above Grade Finished: 1542.00
  • Sq Ft Approx Total Finished: 1542.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Shultz & Faraghers Add

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Dimensions: 40x112
  • Lot Size Units: Acres
  • Acres: 0.1000
  • Parcel Number: 02-01-003-101-004

Tax Info

  • Tax: 643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Oct 9, 2017
Sold by
Fannie Mae
Bought by
Massey Benny Reed
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Josephine Andrick
Key Realty
List Price
$7,000
Sold Price
$6,000
Premium/Discount to List
-$1,000
-14.29%
Current Estimated Value
$97,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,667
Avg. Annual Appreciation
41.42%
Original Mortgage
$25,000
Outstanding Balance
$20,882
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$76,785

Purchase Details

Closed on
Oct 18, 2016
Sold by
Lorain County Sheriff
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 9, 2004
Sold by
Estate Of Betty Lou Buga
Bought by
Buga Robert J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Massey Benny Reed -- Omega Title
Federal National Mortgage Association $75,128 --
Buga Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massey Benny Reed $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $6,000 -14.3% $4 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $7,000 -- $5 / 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 $482 $11,407 $11,407 --
2023 $475 $8,988 $8,988 $0
2022 $738 $8,988 $8,988 $0
2021 $737 $14,074 $8,988 $5,086
2020 $710 $11,780 $7,520 $4,260
2019 $706 $11,780 $7,520 $4,260
2018 $964 $11,780 $7,520 $4,260
2017 $1,222 $19,200 $6,190 $13,010
2016 $643 $19,200 $6,190 $13,010
2015 $606 $19,200 $6,190 $13,010
2014 $635 $19,200 $6,190 $13,010
2013 $600 $19,200 $6,190 $13,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3917516

MLS Now

APN: 02-01-003-101-004