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1231 West 28th Street

1231 West 28th Street, Lorain, OH 44052
Property in Lorain
Sold Jul 20, 2017
$91,000
$85,000 by Ruoff Mortgage Company Inc
Mortgage Due Jul 01, 2036
Sold Jul 25, 2016
$39,000
Seller
1231 West 28th Street has been categorized by the local assessors in Lorain, OH as a residential type of property. The building on the property was first built in 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1962. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1231 West 28th Street has 1,284 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,284 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,340 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 396 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a water system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1231 West 28th Street was last sold in Jul 18, 2017 for $91,000. According to our calculations, that's $70.87 per sqft. Prior to that sales transaction, the property was sold for $39,000 in Jun 16, 2016. Current property owners are expected to pay $1,939 in taxes per year. The property on 1231 West 28th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,646. To break that down further, the land itself was valued at $6,192. While improvements to the property were assessed at a total of $31,455. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,284
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,284
  • Gross Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,284
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HILLCREST AMENDED
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: HILLCREST AMENDED 53.11 X 134

Ownership

  • Current Owner : WATSON KEVIN C
  • Current Owner 2: KAYLE MARISSA R
  • Previous Owner : ESSER JAMES E
  • Owner Before Previous Owner: US BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lorain City School District
  • Census Tract: 022800

Geography

  • Assessors Map Reference: 4202216B 09000
  • Subdivision Tract Number: 02
  • Parcel: 02-02-016-112-011
  • Block: 112
  • Lot: 275
  • Municipality: LORAIN CITY/LORAIN CSD
  • Latitude: 41.4445
  • Longitude: -82.1868

    Address

  • Full Address: 1231 W 28th St
  • Address - House Number: 1231
  • Street Direction: W
  • Address - Street Name: 28th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Lorain
  • Carrier Code: C032
  • 4-Digit Zip Code: 4502
  • Zip Code: 44052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,939
  • Tax Rate Code Area: 42

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 97,838
  • High Value: 142,335
  • Low Value: 53,340

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Loan Amount: $85,000
  • First Open Lien Mortgage Term: 170
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Market Valuation

  • Market Total Value: $107,560
  • Market Land Value: $17,690
  • Market Improvement Value: $89,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,646
  • Assessed Land Value: $6,192
  • Assessed Improvements Value: $31,455

    Sales

  • Current Sale Contract Date: Jul 18, 2017
  • Current Sale Recording Date: Jul 20, 2017
  • Current Sale Transaction ID: 1731736869
  • Current Sale Price: $91,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-0637406
  • Previous Sale Recording Date: Jul 25, 2016
  • Previous Sale Contract Date: Jun 16, 2016
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY HOME MORTGAGE
  • First Mortgage Transaction Date: Jul 20, 2017
  • First Mortgage Loan Amount: $89,351
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lorain



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Frequently Asked Questions

What neighborhood is 1231 West 28th Street located in?
The 1231 West 28th Street is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 1231 West 28th Street?
The average sales price for units in 1231 West 28th Street is $0 currently.

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