NOT LISTED FOR SALE

1031 W 17th St Lorain, OH 44052

Lorain Area
4 Beds
2 Baths
1,848 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: February 15, 2025

Last sale price $64,000 $35 Per Sq Ft

74 Days on Market

Highlights

  • Medical Services
  • Park
  • Forced Air Heating System
  • Community Playground
  • Shops
  • North Facing Home

About This Home

As of February 2025

Lorain duplex with estimated rents totalling about $1900/mo! Two 2-bedroom units, spacious (over 900 sf each) with huge eat-in kitchens, dining area, and access to the full, unfinished basement. Other features: newer roof, driveway for plenty of off-street parking. Upstairs is rent-ready, downstairs needs work. Just a little work to get this one cash flowing again! Lorain city taxes, conveniently located near shopping, freeway access, schools, shopping and more.

Last Agent to Sell the Property

Michael Ferrante

LPT Realty Brokerage Email: info@21mike.com 216-373-7727 License #2019005741 Listed on: 11/14/2024

LPT Realty

Last Buyer's Agent

Min Zhang

REAFCO License #2020007987

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • North Facing Home

Parking

  • Driveway

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-01-006-134-015

Community Details

Amenities

  • Medical Services
  • Shops
  • Restaurant

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,164

Year Built

Built in 1900

Lot Details

6,098 Sq Ft Lot

Listing Details

  • MLS Status: Closed
  • Standard Status: Closed
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: info@21mike.com 216-373-7727
  • Above Grade Finished Sq Ft: 1848.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.14
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Direction Faces: North

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • LaundryFeatures: In Basement, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Medical Service, Playground, Park, Restaurant, Shopping

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-006-134-015
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 1900.0

Tax Info

  • Tax Annual Amount: 1164.0

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
Nov 14, 2024
Closed on
Feb 13, 2025
Sold by
Gmagenta Llc
Bought by
Seller's Agent
Michael Ferrante
LPT Realty
Buyer's Agent
Min Zhang
REAFCO
List Price
$88,000
Sold Price
$64,000
Premium/Discount to List
-$24,000
-27.27%
Views
67

Purchase Details

Listed on
Sep 1, 2020
Closed on
Mar 24, 2021
Sold by
Hector Assets Llc
Bought by
Gmagenta Llc
Seller's Agent
Richard Jackson
Howard Hanna
Buyer's Agent
Jacqueline Jakacki
RE/MAX Above & Beyond
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%

Purchase Details

Listed on
Sep 1, 2020
Closed on
Jan 29, 2021
Sold by
T International Inv Llc
Bought by
Hector Assets Llc
Seller's Agent
Richard Jackson
Howard Hanna
Buyer's Agent
Jacqueline Jakacki
RE/MAX Above & Beyond
List Price
$54,900
Sold Price
$52,000
Premium/Discount to List
-$2,900
-5.28%

Purchase Details

Closed on
Jul 27, 2012
Sold by
Alu Emil and Alu Emile
Bought by
Alu Emile Thomas and Alu Helen Barbara
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$64,000 Titleco Title Agency
Gmagenta Llc $88,000 Title Co
Hector Assets Llc -- Titleco Title Agency
Alu Emile Thomas -- Old Republic Title
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
Open $78,750
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
02/15/2025 02/15/25 Sold $64,000 -8.6% $35 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/09/2025 01/09/25 Price Changed $70,000 -6.7% $38 / Sq Ft
11/29/2024 11/29/24 Price Changed $75,000 -14.8% $41 / Sq Ft
11/14/2024 11/14/24 For Sale $88,000 +69.2% $48 / Sq Ft
01/28/2021 01/28/21 Sold $52,000 -5.3% $28 / Sq Ft View Prior Sale
01/04/2021 01/04/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $54,900 0.0% $30 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $54,900 -8.3% $30 / Sq Ft
09/01/2020 09/01/20 For Sale $59,900 +313.1% $32 / Sq Ft
10/30/2015 10/30/15 Sold $14,500 -41.8% $8 / Sq Ft View Prior Sale
10/08/2015 10/08/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $24,900 -- $13 / 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 $1,244 $30,965 $3,427 $27,538
2023 $1,164 $22,036 $3,721 $18,316
2022 $1,155 $22,036 $3,721 $18,316
2021 $1,154 $22,036 $3,721 $18,316
2020 $1,175 $19,490 $3,290 $16,200
2019 $1,168 $19,490 $3,290 $16,200
2018 $1,133 $19,490 $3,290 $16,200
2017 $1,096 $17,230 $3,700 $13,530
2016 $1,088 $17,230 $3,700 $13,530
2015 $1,028 $17,230 $3,700 $13,530
2014 $430 $15,960 $3,430 $12,530
2013 $427 $15,960 $3,430 $12,530
Source: Public Records

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Map

Source: MLS Now

MLS Number: 5085271

MLS Now

APN: 02-01-006-134-015

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