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4100 Marshall Avenue

4100 Marshall Avenue, Lorain, OH 44053
Property in Lorain
Sold Oct 22, 2021
$125,000
$122,735 by Rapid Mortgage Company
Mortgage Due Nov 01, 2051
Sold Aug 19, 2005
$108,000
$82,600 by First Fsla Of Lorain
Mortgage Due Sep 01, 2030
Local assessors in Lorain, OH have categorized 4100 Marshall Avenue as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 1976. The property's lot size has been calculated to be 9,583 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 4100 Marshall Avenue has a total of 1,092 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,092 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 4100 Marshall Avenue sold most recently in Oct 13, 2021 for a total of $125,000. If you work out the math, that's approximately a cost of $77.54 per sqft. Before that, the property was also sold for $108,000 in Aug 10, 2005. 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 $1,840 in taxes each year. 4100 Marshall Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,833. If we break it down further, the land itself was valued at $5,068. Improvements to the property, however, were assessed at a total of $30,765. 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: 1964
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,092
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,612
  • Gross Building Area: 1,762
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FOREST HILL 2
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: FOREST HILL 2 70 X 140

Ownership

  • Current Owner : TEPLEY EDWARD
  • Current Owner 2: SMITH TAMMY
  • Previous Owner : DOS HERMANOS Y UNA HERMANA LLC
  • Owner Before Previous Owner: SCHWEINBERG LORNA HELEN
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lorain City School District
  • Census Tract: 023400

Geography

  • Assessors Map Reference: 4202207B 13700
  • Subdivision Tract Number: 02
  • Parcel: 02-02-007-104-001
  • Block: 104
  • Lot: 25
  • Municipality: LORAIN CITY/LORAIN CSD
  • Latitude: 41.4331
  • Longitude: -82.198

    Address

  • Full Address: 4100 Marshall Ave
  • Address - House Number: 4100
  • Address - Street Name: Marshall
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lorain
  • Carrier Code: C011
  • 4-Digit Zip Code: 2632
  • Zip Code: 44053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,840
  • Tax Rate Code Area: 42

    Appraisal Valuation

  • Standard Deviation: 0.2743
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 60
  • Final Value: 151,071
  • High Value: 192,519
  • Low Value: 109,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,735
  • First Open Lien Mortgage Lender: RAPID MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $122,735
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $102,380
  • Market Land Value: $14,480
  • Market Improvement Value: $87,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,833
  • Assessed Land Value: $5,068
  • Assessed Improvements Value: $30,765

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11860568098
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-0845537
  • Previous Sale Recording Date: Aug 19, 2005
  • Previous Sale Contract Date: Aug 10, 2005
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RAPID MORTGAGE COMPANY
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $122,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FSLA OF LORAIN
  • Previous Mortgage Transaction Date: Aug 19, 2005
  • Previous Mortgage Loan Amount: $82,600
  • Previous Mortgage Term: 300
  • Previous 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.)
  • Previous Mortgage Loan Due Date: Sep 01, 2030

About Lorain



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Frequently Asked Questions

What neighborhood is 4100 Marshall Avenue located in?
The 4100 Marshall Avenue is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 4100 Marshall Avenue?
The average sales price for units in 4100 Marshall Avenue is $0 currently.

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