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436 Delaware Avenue

436 Delaware Avenue, Lorain, OH 44052
Property in Lorain
Sold Jun 10, 2022
$11,647
Sold Aug 31, 2005
$79,900
$79,900 by Aegis Lending Corp
Mortgage Due Sep 01, 2035
436 Delaware 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 1930 and is 94 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 436 Delaware Avenue has 880 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 880 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 1,290 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,098 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. 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 fair. 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 D 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. 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, 436 Delaware Avenue sold most recently in May 10, 2022 for a total of $11,647. If you work out the math, that's approximately a cost of $13.24 per sqft. Before that, the property was also sold for $79,900 in Aug 25, 2005. 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 $755 in taxes each year. The initial year of tax delinquency occurred in 2007. 436 Delaware Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,287. If we break it down further, the land itself was valued at $4,886. Improvements to the property, however, were assessed at a total of $9,401. 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. 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. 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: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 880
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 500
  • Total Building Area: 880
  • Gross Building Area: 880
  • Building Area: 880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 880
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIRHOME
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: FAIRHOME 50 X 131

Ownership

  • Current Owner : GORMLEY CHRISTOPHER
  • Current Owner 2: RUSH DENISE GORMLEY
  • Previous Owner : STAMMITTI PHIL R
  • Owner Before Previous Owner: GARGUILO RONALD
  • Owner Before Previous Owner 2: GARGUILO BARBARA A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lorain City School District
  • Census Tract: 022200

Geography

  • Assessors Map Reference: 4202103B 24200
  • Subdivision Tract Number: 01
  • Parcel: 02-01-003-110-045
  • Block: 110
  • Lot: 582-3
  • Municipality: LORAIN CITY/LORAIN CSD
  • Latitude: 41.4686
  • Longitude: -82.1659

    Address

  • Full Address: 436 Delaware Ave
  • Address - House Number: 436
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lorain
  • Carrier Code: C007
  • 4-Digit Zip Code: 2114
  • Zip Code: 44052

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $755
  • Intital Tax Deliquent Year: 2007
  • Tax Rate Code Area: 42

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 75
  • Final Value: 74,145
  • High Value: 87,771
  • Low Value: 60,520

    Market Valuation

  • Market Total Value: $40,820
  • Market Land Value: $13,960
  • Market Improvement Value: $26,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,287
  • Assessed Land Value: $4,886
  • Assessed Improvements Value: $9,401

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Transaction ID: 11889992705
  • Current Sale Price: $11,647
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 878987
  • Previous Sale Recording Date: Aug 31, 2005
  • Previous Sale Contract Date: Aug 25, 2005
  • Previous Sale Amount: $79,900
  • Previous Sale Document Type: Survivorship Deed

    Previous Mortgages

  • Previous Mortgage Lender: AEGIS LENDING CORP
  • Previous Mortgage Transaction Date: Aug 31, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $79,900
  • Previous Mortgage Term: 360
  • 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, 2035

About Lorain



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Frequently Asked Questions

What neighborhood is 436 Delaware Avenue located in?
The 436 Delaware Avenue is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 436 Delaware Avenue?
The average sales price for units in 436 Delaware Avenue is $0 currently.

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