NOT LISTED FOR SALE

775 Mildred Ave Lorain, OH 44052

Estimated Value: $179,000 - $195,000

3 Beds
2.5 Baths
1,594 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 18, 2014

Last sale price $87,000 $55 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,262/month

42 Days on Market

Highlights

  • Lake Privileges
  • 1 Fireplace
  • Enclosed patio or porch
  • Colonial Architecture
  • 2 Car Detached Garage
  • Park

About This Home

As of June 2014

This is a rare opportunity to own a Great Lake Erie Home for less than $90,000. This classic, 1920s colonial has 3 nice-sized bedrooms with 2 full baths. The home has been lovingly maintained by the same family since 1954. Enjoy the Lake Erie breezes from the 207 square foot screened front porch (with replacement windows for winter). Owners updated electric, plumbing, insulation, furnace, a/c, carpeting, fixtures, appliances and many replacement windows for energy efficiency and modern comfort. Yet, they've maintained the build quality and craftsmanship of days gone by keeping most of the original woodwork, doors, cabinets and built-ins. A walk-up attic for additional storage, 2.5 car garage and fabulous location just 1/2 block from Lakeview Park with the Rose Cafe, summer concerts, rose garden, pathways and a beautiful beach along the shores of Lake Erie.

Last Listed By

Ann Steinemann

Deleted Agent License #446391 Listed on: 05/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,966

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x125
  • West Facing Home
  • Chain Link Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,594 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Lake Privileges
  • Enclosed patio or porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-02-027-109-011

Community Details

Overview

  • Lakeview Park Realty Companys A Community

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,966

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Style: Colonial
  • House Faces: West
  • Price Per Square Foot: 54.58
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1594
  • Year Built: 1924
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Room Count: 9
  • Basement Detail: Full
  • Estimated Sq Ft: 1594

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Enclosed Patio/Porch
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Lakeview Park Realty Companys A

Schools

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

Lot Info

  • Lot Dimensions: 45x125
  • Lot Description: Lake Privileges/Acce
  • Lot Size Area Sq Ft: 0.1200
  • Lot Size Units: Acres
  • Acres: 0.1200
  • Parcel Number: 02-02-027-109-011

Tax Info

  • Tax: 1966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
Jun 17, 2014
Sold by
Mcnulty Martin J
Bought by
Ives Timothy J
Seller's Agent
Ann Steinemann
Deleted Agent
Buyer's Agent
Darryl Roberts
Deleted Agent
List Price
$87,000
Sold Price
$87,000
Total Days on Market
42
Current Estimated Value
$188,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,769
Avg. Annual Appreciation
7.25%
Original Mortgage
$69,600
Outstanding Balance
$53,668
Interest Rate
4.18%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$133,454

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
Ives Timothy J $87,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ives Timothy J $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2014 06/18/14 Sold $87,000 0.0% $55 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $87,000 -- $55 / 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 $2,455 $59,546 $9,048 $50,498
2023 $2,388 $46,361 $7,497 $38,864
2022 $2,367 $46,361 $7,497 $38,864
2021 $2,367 $46,361 $7,497 $38,864
2020 $2,243 $38,160 $6,170 $31,990
2019 $2,230 $38,160 $6,170 $31,990
2018 $2,089 $38,160 $6,170 $31,990
2017 $1,948 $31,410 $5,820 $25,590
2016 $1,932 $31,410 $5,820 $25,590
2015 $1,822 $31,410 $5,820 $25,590
2014 $2,032 $34,150 $6,430 $27,720
2013 $1,966 $33,290 $6,430 $26,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3615235

MLS Now

APN: 02-02-027-109-011