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3680 Pearl Avenue

3680 Pearl Avenue, Lorain, OH 44055
Property in Lorain
Local assessors in Lorain, OH have categorized 3680 Pearl Avenue as a commercial type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 19,602 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,320 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3680 Pearl Avenue has a total of 2,767 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The home has been utilizing gas for fuel. 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, 3680 Pearl Avenue sold most recently in Dec 7, 2023 for a total of $65,000. If you work out the math, that's approximately a cost of $11.75 per sqft. Before that, the property was also sold for $104,000 in Mar 25, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,892 in taxes each year. The initial year of tax delinquency occurred in 2013. 3680 Pearl Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,580. If we break it down further, the land itself was valued at $11,564. Improvements to the property, however, were assessed at a total of $23,016. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1945
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,767
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 5,534
  • Gross Building Area: 5,534
  • Building Area: 5,534
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,767
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Commercial
  • Subdivision: SHEFFIELD
  • Land Acres: 0.45
  • Standard Land Use Code: Restaurant
  • Legal Description 1: 132.50 X 150 20050115008

Ownership

  • Current Owner : NETTIES PROPERTIES INC
  • Previous Owner : HART BILLY R
  • Owner Before Previous Owner: HIGGINBOTHAM DALE R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clearview Local School District
  • Census Tract: 097500

Geography

  • Assessors Map Reference: 4503101B 04000
  • Parcel: 03-00-101-106-015
  • Block: 106
  • Lot: 101
  • Municipality: LORAIN CITY/CLEARVIEW LSD
  • Latitude: 41.4368
  • Longitude: -82.1368

    Address

  • Full Address: 3680 Pearl Ave
  • Address - House Number: 3680
  • Address - Street Name: Pearl
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lorain
  • Carrier Code: C006
  • 4-Digit Zip Code: 2510
  • Zip Code: 44055

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,892
  • Intital Tax Deliquent Year: 2013
  • Tax Rate Code Area: 45

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,000
  • First Open Lien Mortgage Lender: DOLLAR BK FSB
  • First Open Lien Mortgage Recording Date: Dec 12, 2023
  • First Open Lien Mortgage Loan Amount: $72,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 07, 2043

    Market Valuation

  • Market Total Value: $98,800
  • Market Land Value: $33,040
  • Market Improvement Value: $65,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,580
  • Assessed Land Value: $11,564
  • Assessed Improvements Value: $23,016

    Sales

  • Current Sale Contract Date: Dec 07, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Transaction ID: 11917941153
  • Current Sale Price: $65,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 938334
  • Previous Sale Recording Date: Mar 27, 2020
  • Previous Sale Contract Date: Mar 25, 2020
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: DOLLAR BK FSB
  • First Mortgage Transaction Date: Dec 12, 2023
  • First Mortgage Loan Amount: $72,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 07, 2043

    Previous Mortgages

  • Previous Mortgage Lender: DOLLAR BANK FSB
  • Previous Mortgage Transaction Date: Mar 27, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $48,827
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 25, 2030

About Lorain



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Frequently Asked Questions

What neighborhood is 3680 Pearl Avenue located in?
The 3680 Pearl Avenue is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 3680 Pearl Avenue?
The average sales price for units in 3680 Pearl Avenue is $0 currently.

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