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5283 Cardinal Court

5283 Cardinal Court, Lorain, OH 44053
Property in Lorain
Sold May 19, 2010
$185,500
$148,400 by Buckeye Community Bank
Mortgage Due Jun 01, 2040
Sold Nov 07, 2008
$759,100
5283 Cardinal Court 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 2009 and is 15 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 5283 Cardinal Court has 1,813 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,962 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 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 good. 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 B 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5283 Cardinal Court sold most recently in Apr 28, 2010 for a total of $185,500. If you work out the math, that's approximately a cost of $80.76 per sqft. Before that, the property was also sold for $759,100 in Nov 6, 2008. 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 $2,026 in taxes each year. 5283 Cardinal Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,337. If we break it down further, the land itself was valued at $23,842. Improvements to the property, however, were assessed at a total of $15,495. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,962
  • Total Building Area: 2,297
  • Gross Building Area: 2,297
  • Building Area: 1,813
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,813
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANORS AT MORNINGSIDE SUB
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: MANORS AT MORNINGSIDE SUB 65 X 122.50 ABATEMENT

Ownership

  • Current Owner : HOYT MARK K
  • Current Owner 2: HOYT RITA M
  • Previous Owner : K HOVNANIAN OSTER HOMES LLC
  • Owner Before Previous Owner: OSTER CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lorain City School District
  • Census Tract: 097202

Geography

  • Parcel: 02-03-001-109-013
  • Block: 109
  • Lot: 33
  • Municipality: LORAIN CITY/LORAIN CSD
  • Latitude: 41.438
  • Longitude: -82.2316

    Address

  • Full Address: 5283 Cardinal Ct
  • Address - House Number: 5283
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Ct
  • State: OH
  • City Name: Lorain
  • Carrier Code: C004
  • 4-Digit Zip Code: 1470
  • Zip Code: 44053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,026
  • Tax Rate Code Area: 42

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 67
  • Final Value: 252,483
  • High Value: 311,313
  • Low Value: 193,653

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,400
  • First Open Lien Mortgage Lender: BUCKEYE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 19, 2010
  • First Open Lien Mortgage Loan Amount: $148,400
  • 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: Jun 01, 2040

    Market Valuation

  • Market Total Value: $112,390
  • Market Land Value: $68,120
  • Market Improvement Value: $44,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,337
  • Assessed Land Value: $23,842
  • Assessed Improvements Value: $15,495

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2010
  • Current Sale Recording Date: May 19, 2010
  • Current Sale Transaction ID: 11441029099
  • Current Sale Price: $185,500
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 2010-0334551
  • Previous Sale Recording Date: Nov 07, 2008
  • Previous Sale Contract Date: Nov 06, 2008
  • Previous Sale Amount: $759,100
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUCKEYE COMMUNITY BANK
  • First Mortgage Transaction Date: May 19, 2010
  • First Mortgage Loan Amount: $148,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2040

About Lorain



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Frequently Asked Questions

What neighborhood is 5283 Cardinal Court located in?
The 5283 Cardinal Court is a located in the neighborhood of Lorain in Lorain, Lorain.
What is the average sales price for listings in 5283 Cardinal Court?
The average sales price for units in 5283 Cardinal Court is $0 currently.

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