1037 W 8th St Lorain, OH 44052
Estimated Value: $183,000 - $312,772
7
Beds
4
Baths
3,644
Sq Ft
$65/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Partially Fenced Property
About This Home
As of November 2022Investment opportunity! Come take a look at this four unit home with basement and two car garage. Main level unit is a three-bedroom one bath unit with bonus room, large living room and has its own washer/dryer hookup. Upstairs features two one-bedroom units that are currently occupied, tenants are month-to-month. Upstairs additionally has a vacant two-bedroom unit. Full basement with additional washer dryer. Two car garage with large loft for extra storage, could be transformed into efficiency suite!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,310
Year Built
- Built in 1904
Lot Details
- 6,970 Sq Ft Lot
- Partially Fenced Property
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 3,644 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Laundry in unit
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Car Detached Garage
- Shared Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for cable/electric link
- The owner pays for pays all
- Assessor Parcel Number 02-01-006-115-021
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2022
Closed on
Nov 14, 2022
Sold by
Jnt Home Solutions Llc
Bought by
Ziegan James
Seller's Agent
Tammy Nemeth
The Sweda Group, LLC.
Buyer's Agent
Jesse Kracht
Russell Real Estate Services
List Price
$249,900
Sold Price
$190,000
Premium/Discount to List
-$59,900
-23.97%
Total Days on Market
79
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,193
Avg. Annual Appreciation
8.98%
Original Mortgage
$186,558
Interest Rate
6.92%
Mortgage Type
FHA
Purchase Details
Closed on
May 17, 2022
Sold by
Taylor Benny C
Bought by
Jnt Home Solutions Llc and D L M Property Management Llc
Purchase Details
Closed on
Jun 20, 2007
Sold by
Taylor Gloria J
Bought by
Taylor Gloria J and Taylor Benny C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lorain, OH
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ziegan James | $190,000 | -- | |
| Jnt Home Solutions Llc | $235,000 | None Listed On Document | |
| Taylor Gloria J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ziegan James | $177,750 | |
| Closed | Ziegan James | $186,558 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2022 11/14/22 | Sold | $190,000 | -9.5% | $52 / Sq Ft |
| 10/08/2022 10/08/22 | Pending | -- | -- | -- |
| 10/02/2022 10/02/22 | Price Changed | $209,900 | -2.3% | $58 / Sq Ft |
| 09/08/2022 09/08/22 | Price Changed | $214,900 | -4.4% | $59 / Sq Ft |
| 08/29/2022 08/29/22 | Price Changed | $224,900 | -2.2% | $62 / Sq Ft |
| 08/03/2022 08/03/22 | Price Changed | $229,900 | -4.2% | $63 / Sq Ft |
| 07/28/2022 07/28/22 | Price Changed | $239,900 | -4.0% | $66 / Sq Ft |
| 07/21/2022 07/21/22 | For Sale | $249,900 | -- | $69 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
Tax History
| 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 | $2,554 | $61,926 | $5,156 | $56,770 |
| 2023 | $2,271 | $44,100 | $4,452 | $39,648 |
| 2022 | $2,310 | $44,100 | $4,452 | $39,648 |
| 2021 | $2,310 | $44,100 | $4,450 | $39,650 |
| 2020 | $2,352 | $39,000 | $3,940 | $35,060 |
| 2019 | $2,339 | $39,000 | $3,940 | $35,060 |
| 2018 | $2,288 | $39,000 | $3,940 | $35,060 |
| 2017 | $2,235 | $35,130 | $4,430 | $30,700 |
| 2016 | $2,218 | $35,130 | $4,430 | $30,700 |
| 2015 | $2,095 | $35,130 | $4,430 | $30,700 |
| 2014 | $1,935 | $32,520 | $4,100 | $28,420 |
| 2013 | $1,921 | $32,520 | $4,100 | $28,420 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Nemeth
Seller's Agent in 2022
Tammy Nemeth
The Sweda Group, LLC.
(440) 759-3499
63 Total Sales
-
Jesse Kracht
Buyer's Agent in 2022
Jesse Kracht
Russell Real Estate Services
(440) 212-5656
520 Total Sales
Map
Source: MLS Now
MLS Number: 4393618
APN: 02-01-006-115-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 1040 W 9th St
- 1116 W 8th St
- 1020 W 10th St
- 946 Washington Ave
- 814 Lovett Place
- 911 7th Ct
- 1138 W 6th St
- 1119 W 11th St
- 1010 W 12th St
- 1014 Long Ave
- 1055 W 12th St
- 747 Brownell Ave
- VL Brownell Ave
- 1214 W 5th St
- 842 Brownell Ave
- 338 Oberlin Ave
- 1230 W 13th St
- 1321 W 10th St
- 1334 W 6th St
- 615 Allison Ave