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1034 Lakeview Drive

1034 Lakeview Drive, Lorain, OH 44052
Property in Lorain
Sold Jul 20, 2005
$130,000
$117,000 by New Century Mortgage Corp
Mortgage Due Aug 01, 2035
Sold Jun 13, 2003
$116,400
$93,100 by American Midwest Mortgage Corp
Mortgage Due Jul 01, 2003
1034 Lakeview Drive in Lorain, OH was first built in 1927 and is 97 years old. Although, the building on the property was most recently renovated and altered in 1960. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1034 Lakeview Drive has 1,540 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 728 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 450 ft and the linear feet between the front and back of the lot is 1,290. In total, the area measurement of the land is 5,663 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a water system. For those who need parking, there is a detached garage. The garage is 360 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1034 Lakeview Drive sold most recently in Jul 19, 2005 for a total of $130,000. If you work out the math, that's approximately a cost of $84.42 per sqft. Before that, the property was also sold for $116,400 in May 22, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,101 in taxes each year. The initial year of tax delinquency occurred in 2012. 1034 Lakeview Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $40,796. If we break it down further, the land itself was valued at $7,641. Improvements to the property, however, were assessed at a total of $33,156. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 728
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,540
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARKVIEW
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: PARKVIEW 45 X 129 S/L 18

Ownership

  • Current Owner : WILLOUGHBY ROBERT A
  • Current Owner 2: WILLOUGHBY MICHELE Y
  • Previous Owner : SEXSTELLA CHARLES S
  • Previous Owner 2: SEXSTELLA LAURA L
  • Owner Before Previous Owner: PANDO ROBERT A
  • Owner Before Previous Owner 2: PANDO KAREN S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lorain City School District
  • Census Tract: 022500

Geography

  • Assessors Map Reference: 4202228 08000
  • Subdivision Tract Number: 02
  • Parcel: 02-02-028-103-040
  • Block: 103
  • Lot: 18
  • Municipality: LORAIN CITY/LORAIN CSD
  • Latitude: 41.4591
  • Longitude: -82.1962

    Address

  • Full Address: 1034 Lakeview Dr
  • Address - House Number: 1034
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Lorain
  • Carrier Code: C018
  • 4-Digit Zip Code: 1255
  • Zip Code: 44052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,101
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 42

    Appraisal Valuation

  • Standard Deviation: 0.2716
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 61
  • Final Value: 162,291
  • High Value: 206,381
  • Low Value: 118,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,000
  • First Open Lien Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 20, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $117,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $116,560
  • Market Land Value: $21,830
  • Market Improvement Value: $94,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,796
  • Assessed Land Value: $7,641
  • Assessed Improvements Value: $33,156

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 19, 2005
  • Current Sale Recording Date: Jul 20, 2005
  • Current Sale Transaction ID: 11440916836
  • Current Sale Price: $130,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 085836
  • Previous Sale Recording Date: Jun 13, 2003
  • Previous Sale Contract Date: May 22, 2003
  • Previous Sale Amount: $116,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 20, 2005
  • First Mortgage Loan Amount: $117,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Aug 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MIDWEST MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 13, 2003
  • Previous Mortgage Loan Amount: $93,100
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2003

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Frequently Asked Questions

What neighborhood is 1034 Lakeview Drive located in?
The 1034 Lakeview Drive is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 1034 Lakeview Drive?
The average sales price for units in 1034 Lakeview Drive is $0 currently.

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