Lori Cerutti
McDowell Homes Real Estate Services
(440) 664-3627
418 Total Sales
1 in Lorain
$70,000 Price
1053 Washington Ave Lorain, OH 44052
Lorain Area
8
Beds
4
Baths
2,576
Sq Ft
7,405
Sq Ft Lot
About This Home
As of January 2021Dollar wise Investment on this Quadruple Income Property for investors. Location is excellent with 4 separate addresses on two different streets. One parcel number. Close to downtown Lorain. One 3 bedroom apartment, 2 two bedrooms apartments and a 1 bedroom apartment all under one roof. Its cute. Its comfortable. Location is good. Plenty of off street parking. It has a great income especially on several units that are paying bi-weekly. All units currently rented. Tenants pay for their own Gas, Electric, Water and Sewer. It makes good sense to Invest in this property and Profit tomorrow. You snooze on this one and you will lose out. Qualified Buyers please. Call Listing Agent for more details. A Confidentiality Letter will be required to be sign for all showings and information provided.
Last Agent to Sell the Property
Russell Real Estate Services License #249750 Listed on: 12/01/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,617
Year Built
- Built in 1923
Lot Details
- 7,405 Sq Ft Lot
- Corner Lot
- Unpaved Streets
Parking
- Parking Lot
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2,576 Sq Ft Home
- 2.5-Story Property
- Unfinished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- 4 Units
- David Wallace Community
Listing and Financial Details
- Tenant pays for cable/electric link, electric, gas, heating, sewer, trash collection, water
- The owner pays for water
- Assessor Parcel Number 02-01-005-122-009
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
Closed on
Feb 3, 2023
Sold by
Bought by
Purchase Details
Listed on
Dec 1, 2020
Closed on
Jan 28, 2021
Sold by
Bought by
Seller's Agent
Russ Dickerhoff
Russell Real Estate Services
Buyer's Agent
Rosanne Dover
EXP Realty, LLC.
List Price
$99,777
Sold Price
$92,500
Premium/Discount to List
-$7,277
-7.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.67%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 1, 2020
Closed on
Jan 26, 2021
Sold by
Bought by
Seller's Agent
Russ Dickerhoff
Russell Real Estate Services
Buyer's Agent
Rosanne Dover
EXP Realty, LLC.
List Price
$99,777
Sold Price
$92,500
Premium/Discount to List
-$7,277
-7.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2004
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
$63,900
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 1998
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
$45,500
Interest Rate
8.5%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lorain, OH
-
Lori Cerutti
-
Laurie Brill
Laurie Brill
Keller Williams Citywide
(440) 616-8199
35 Total Sales
1 in Lorain
$206,000 Price
-
Allison Caputo
Allison Caputo
Howard Hanna
(216) 859-1979
99 Total Sales
11 in Lorain
$24K - $389K Price Range
-
Doug Ryan
Doug Ryan
KW Classic Properties Realty
(380) 333-6700
90 Total Sales
1 in Lorain
$5,000,000 Price
-
Feliz Colon
Feliz Colon
Keller Williams Living
(234) 704-3050
180 Total Sales
5 in Lorain
$150K - $399K Price Range
-
Edith Ross
Edith Ross
Russell Real Estate Services
(216) 677-6801
158 Total Sales
1 in Lorain
$360,000 Price
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 |
|---|---|---|---|
| $65,000 | -- | ||
| -- | None Listed On Document | ||
| -- | Ohio Real Title | ||
| $71,000 | Midland Title | ||
| $65,000 | Midland 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 | $148,400 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $69,375 | ||
| Previous Owner | $105,000 | ||
| Previous Owner | $63,900 | ||
| Previous Owner | $62,300 | ||
| Previous Owner | $45,500 |
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 |
|---|---|---|---|---|
| 01/27/2021 01/27/21 | Sold | $92,500 | -7.3% | $36 / Sq Ft |
| 12/28/2020 12/28/20 | Pending | -- | -- | -- |
| 12/21/2020 12/21/20 | For Sale | $99,777 | 0.0% | $39 / Sq Ft |
| 12/13/2020 12/13/20 | Pending | -- | -- | -- |
| 12/01/2020 12/01/20 | For Sale | $99,777 | -- | $39 / 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 | $2,306 | $36,106 | $12,243 | $23,863 |
| 2023 | $1,596 | $20,311 | $7,651 | $12,660 |
| 2022 | $1,580 | $20,311 | $7,651 | $12,660 |
| 2021 | $1,587 | $20,311 | $7,651 | $12,660 |
| 2020 | $1,631 | $20,310 | $7,650 | $12,660 |
| 2019 | $1,617 | $20,310 | $7,650 | $12,660 |
| 2018 | $1,587 | $20,310 | $7,650 | $12,660 |
| 2017 | $1,640 | $18,980 | $4,100 | $14,880 |
Source: Public Records
Agents Affiliated with this Home
-
Russ Dickerhoff
Seller's Agent in 2021
Russ Dickerhoff
Russell Real Estate Services
(440) 320-7777
28 Total Sales
-
Rosanne Dover
Buyer's Agent in 2021
Rosanne Dover
EXP Realty, LLC.
(440) 915-8213
58 Total Sales
-
Sue Sasseville
Buyer Co-Listing Agent in 2021
Sue Sasseville
EXP Realty, LLC.
(440) 317-0422
427 Total Sales
Map
Source: MLS Now
MLS Number: 4243542
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.
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