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4309 Tacoma Avenue

4309 Tacoma Avenue, Lorain, OH 44055
Property in Lorain
Sold Dec 28, 2020
$93,000
$91,315 by Northern Mortgage Services Llc
Mortgage Due Jan 01, 2051
Sold Oct 17, 2005
$44,650
Hud
Seller
$64,400 by First Fsla
Mortgage Due Nov 01, 2035
4309 Tacoma Avenue in Lorain, OH was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4309 Tacoma Avenue has 864 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 linear feet across the front of the lot is 540 ft and the linear feet between the front and back of the lot is 1,010. In total, the area measurement of the land is 5,227 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 352 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 D. The condition of the building has been evaluated as average. 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, 4309 Tacoma Avenue sold most recently in Dec 23, 2020 for a total of $93,000. If you work out the math, that's approximately a cost of $107.64 per sqft. Before that, the property was also sold for $44,650 in Oct 4, 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 $1,068 in taxes each year. 4309 Tacoma Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,216. If we break it down further, the land itself was valued at $5,555. Improvements to the property, however, were assessed at a total of $14,662. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 540
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 864
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOMEWOOD 3
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: HOMEWOOD 3 54 X 114

Ownership

  • Current Owner : TURNER CODY J
  • Previous Owner : SMITH MATTHEW C
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Lorain City School District
  • Census Tract: 097500

Geography

  • Assessors Map Reference: 4203077B 01200
  • Parcel: 03-00-078-108-003
  • Block: 108
  • Lot: 614
  • Municipality: LORAIN CITY/LORAIN CSD
  • Latitude: 41.4309
  • Longitude: -82.1096

    Address

  • Full Address: 4309 Tacoma Ave
  • Address - House Number: 4309
  • Address - Street Name: Tacoma
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lorain
  • Carrier Code: C012
  • 4-Digit Zip Code: 3802
  • Zip Code: 44055

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,068
  • Tax Rate Code Area: 42

    Appraisal Valuation

  • Standard Deviation: 0.129
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 102,000
  • High Value: 119,000
  • Low Value: 87,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,315
  • First Open Lien Mortgage Lender: NORTHERN MORTGAGE SERVICES LLC
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Loan Amount: $91,315
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $57,760
  • Market Land Value: $15,870
  • Market Improvement Value: $41,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,216
  • Assessed Land Value: $5,555
  • Assessed Improvements Value: $14,662

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Transaction ID: 11809461521
  • Current Sale Price: $93,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-0795615
  • Previous Sale Recording Date: Oct 17, 2005
  • Previous Sale Contract Date: Oct 04, 2005
  • Previous Sale Amount: $44,650
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTHERN MORTGAGE SERVICES LLC
  • First Mortgage Transaction Date: Dec 28, 2020
  • First Mortgage Loan Amount: $91,315
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FSLA
  • Previous Mortgage Transaction Date: Oct 17, 2005
  • Previous Mortgage Loan Amount: $64,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Lorain



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4309 Tacoma Avenue located in?
The 4309 Tacoma Avenue is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 4309 Tacoma Avenue?
The average sales price for units in 4309 Tacoma Avenue is $0 currently.

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