NOT LISTED FOR SALE

1018 W 2nd St Lorain, OH 44052

Lorain Area
4 Beds
2 Baths
2,104 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: May 21, 2024

Last sale price $55,000 $26 Per Sq Ft

47 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Community Playground
  • Medical Services
  • Balcony
  • Forced Air Heating System

About This Home

As of May 2024

Large double in need of some repairs. Lots of size throughout. Longer term tenant on the down unit, occupied $675/rent. Unit needs some cosmetics. Rent could be alot more once completed. New entry doors in rear. Some roof repair, more soffit/fascia work needed. Upstairs unit needs cabinets, door, balcony work, cosmetics. A great opportunity as rents have increased substantially in the area. Near the lake, desirable side street location. Nearby local area amenities. Buyers to perform own due diligence and verify all property condition and information. Sold as is without any repairs from Seller regardless of any inspections. Property is a part of an available portfolio: inquire with listing agent on current availability: MLS #5018959 ,#5018881,#5018743, #5026287

Last Agent to Sell the Property

Rebecca Bauer

Realtywise, Inc. Brokerage Email: 440-444-1307 rbauer@realtywise.com License #2003011130 Listed on: 03/30/2024

Last Buyer's Agent

Stacy Pandy

Glasshouse Realty Group, LLC License #2019004462

Glasshouse Realty Group, LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1900

Lot Details

  • 6,970

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Lake Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway
  • Unpaved Parking
  • On-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-01-006-103-011

Community Details

Recreation

  • Community Playground
  • Fitness Center

Additional Features

  • Charleston Subdivision
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,022

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: 440-444-1307 rbauer@realtywise.com
  • Reso View: Lake
  • Subdivision Name: Charleston
  • Above Grade Finished Sq Ft: 2104.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Unknown
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Common Basement, Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Asphalt, Fiberglass
  • Acres: 0.16
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, No Garage, On Street, Unpaved

Utilities

  • LaundryFeatures: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Medical Service, Playground

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-006-103-011
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1022.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2024
Closed on
May 20, 2024
Sold by
Bought by
Seller's Agent
Rebecca Bauer
Realtywise, Inc.
Buyer's Agent
Stacy Pandy
Glasshouse Realty Group, LLC
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%
Views
95

Purchase Details

Closed on
Nov 15, 2019
Sold by
Bought by

Purchase Details

Listed on
Mar 22, 2012
Closed on
Jul 26, 2012
Sold by
Bought by
Seller's Agent
Sajag Patel
Deleted Agent
Buyer's Agent
Sajag Patel
Deleted Agent
List Price
$50,000
Sold Price
$11,500
Premium/Discount to List
-$38,500
-77%

Purchase Details

Closed on
Jul 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.95%

Purchase Details

Closed on
May 4, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lorain, OH

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$55,000 Miller Home Title
-- None Available
$11,500 Multiple
$75,000 Elyria Land Title
$60,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $690,150
Previous Owner $60,000
Previous Owner $57,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $55,000 -15.3% $26 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
03/30/2024 03/30/24 For Sale $64,900 +464.3% $31 / Sq Ft
07/30/2012 07/30/12 Sold $11,500 -77.0% $5 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $50,000 -- $24 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,483 $35,084 $4,508 $30,576
2023 $929 $17,588 $3,059 $14,529
2022 $921 $17,588 $3,059 $14,529
2021 $921 $17,588 $3,059 $14,529
2020 $938 $15,560 $2,710 $12,850
2019 $921 $15,560 $2,710 $12,850
2018 $587 $15,560 $2,710 $12,850
2017 $253 $4,030 $2,820 $1,210
2016 $251 $4,030 $2,820 $1,210
2015 $237 $4,030 $2,820 $1,210
2014 $982 $16,730 $2,820 $13,910
2013 $975 $16,730 $2,820 $13,910
Source: Public Records

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Map

Source: MLS Now

MLS Number: 5026287

MLS Now

APN: 02-01-006-103-011

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