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4231 Washington Avenue

4231 Washington Avenue, Lorain, OH 44052
Property in Lorain
Sold Jan 04, 2024
$150,000
$178,615 by Ruoff Mortgage Company, Inc.
Mortgage Due Jan 01, 2054
Sold Sep 12, 2013
$99,900
$98,090 by Howard Hanna Mortgage Services
Mortgage Due Oct 01, 2043
4231 Washington Avenue 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 1968 and is 56 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 4231 Washington Avenue has 2,352 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 1,672 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 1,470 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 11,761 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 attached garage for those who require parking. The garage measured 572 sqft. According to our sources, there are a total of 2 available parking spaces. 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 alum/vinyl 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4231 Washington Avenue was last sold in Jan 4, 2023 for $150,000. According to our calculations, that's $51.30 per sqft. Prior to that sales transaction, the property was sold for $99,900 in Sep 11, 2013. Current property owners are expected to pay $2,786 in taxes per year. The property on 4231 Washington Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $54,100. To break that down further, the land itself was valued at $14,364. While improvements to the property were assessed at a total of $39,736. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,672
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,924
  • Gross Building Area: 2,924
  • Building Area: 2,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,352
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HICKORY HILL SUB 1
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: HICKORY HILL SUB 1 80 X 148.53

Ownership

  • Current Owner : BALLARD MARK
  • Current Owner 2: SIMON JOANNA M
  • Previous Owner : GABRIELE KATRINA L
  • Owner Before Previous Owner: AQUILLA JOANNE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lorain City School District
  • Census Tract: 024100

Geography

  • Assessors Map Reference: 4202107A 01100
  • Subdivision Tract Number: 01
  • Parcel: 02-01-007-101-024
  • Block: 101
  • Lot: 10
  • Municipality: LORAIN CITY/LORAIN CSD
  • Latitude: 41.4319
  • Longitude: -82.1794

    Address

  • Full Address: 4231 Washington Ave
  • Address - House Number: 4231
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lorain
  • Carrier Code: C023
  • 4-Digit Zip Code: 5707
  • Zip Code: 44052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,786
  • Tax Rate Code Area: 42

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 87
  • Final Value: 209,796
  • High Value: 233,964
  • Low Value: 185,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,615
  • First Open Lien Mortgage Lender: RUOFF MORTGAGE COMPANY, INC.
  • First Open Lien Mortgage Recording Date: Jan 04, 2024
  • First Open Lien Mortgage Loan Amount: $178,615
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $154,570
  • Market Land Value: $41,040
  • Market Improvement Value: $113,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,100
  • Assessed Land Value: $14,364
  • Assessed Improvements Value: $39,736

    Sales

  • Current Sale Contract Date: Jan 04, 2023
  • Current Sale Recording Date: Jan 04, 2024
  • Current Sale Transaction ID: 11918887987
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 357
  • Previous Sale Recording Date: Sep 12, 2013
  • Previous Sale Contract Date: Sep 11, 2013
  • Previous Sale Amount: $99,900
  • Previous Sale Document Type: Fiduciary Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUOFF MORTGAGE COMPANY, INC.
  • First Mortgage Transaction Date: Jan 04, 2024
  • First Mortgage Loan Amount: $178,615
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: HOWARD HANNA MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Sep 12, 2013
  • Previous Mortgage Loan Amount: $98,090
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Lorain



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Frequently Asked Questions

What neighborhood is 4231 Washington Avenue located in?
The 4231 Washington Avenue is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 4231 Washington Avenue?
The average sales price for units in 4231 Washington Avenue is $0 currently.

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