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873 East Broad Street

873 East Broad Street, Elyria, OH 44035
Property in Elyria
Sold Dec 22, 2021
$151,000
$148,300 by Fifth Third Bank Na
Mortgage Due Jan 01, 2052
873 East Broad Street in Elyria, 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 Cape Cod style. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 873 East Broad Street has 1,231 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 basement is 832 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 620 ft and the linear feet between the front and back of the lot is 1,560. In total, the area measurement of the land is 9,583 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 484 sqft. There are a total of 2 available parking spaces. 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 good. 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, 873 East Broad Street sold most recently in Dec 17, 2021 for a total of $151,000. If you work out the math, that's approximately a cost of $122.66 per sqft. 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 $2,155 in taxes each year. 873 East Broad Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,519. If we break it down further, the land itself was valued at $10,045. Improvements to the property, however, were assessed at a total of $29,474. 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.

Building Features

Exterior

Vinyl Siding
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: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 832
  • Garage Type: Detached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,231
  • Gross Building Area: 1,231
  • Building Area: 1,231
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,231
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OVERLAND GARDENS
  • 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: OVERLAND GARDENS 62.87 X 156.41

Ownership

  • Current Owner : CLARK ROBERT E
  • Previous Owner : MAHAFFEY GLENN LEE
  • Previous Owner 2: THE SUE ANN EVERETT TRUST
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Elyria City School District
  • Census Tract: 071201

Geography

  • Assessors Map Reference: 3306124 17800
  • Subdivision Tract Number: 25
  • Parcel: 06-25-006-112-017
  • Block: 112
  • Lot: 55-6
  • Municipality: ELYRIA CITY/ELYRIA CSD
  • Latitude: 41.3646
  • Longitude: -82.0797

    Address

  • Full Address: 873 E Broad St
  • Address - House Number: 873
  • Street Direction: E
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: OH
  • City Name: Elyria
  • Carrier Code: C022
  • 4-Digit Zip Code: 6556
  • Zip Code: 44035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,155
  • Tax Rate Code Area: 33

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 171,909
  • High Value: 211,045
  • Low Value: 132,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,300
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $148,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $112,910
  • Market Land Value: $28,700
  • Market Improvement Value: $84,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,519
  • Assessed Land Value: $10,045
  • Assessed Improvements Value: $29,474

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11875224390
  • Current Sale Price: $151,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 2021-0855501

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NA
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $148,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2052

About Elyria



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Unit for rent at 808 Clark Street, Elyria, OH, 44035

$1,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,178 ft²
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Frequently Asked Questions

What neighborhood is 873 East Broad Street located in?
The 873 East Broad Street is a located in the neighborhood of Elyria in Elyria, Elyria.
What is the average sales price for listings in 873 East Broad Street?
The average sales price for units in 873 East Broad Street is $0 currently.

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