$60,000
SOLD MAY 28, 2025

1055 W 12th St Lorain, OH 44052

3 Beds
1 Bath
1,206 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

14% Below List Price

505 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • Front Porch
  • North Facing Home

About This Home

As of May 2025

3-bedroom/1 bath colonial previously generated $1100/mo under professional management. Features include vinyl siding, upgraded electric panel, driveway for plenty of off-street parking. Great location near shopping, schools, freeway access and more!

Last Agent to Sell the Property

Michael Ferrante

LPT Realty Brokerage Email: info@21mike.com 216-373-7727 License #2019005741 Listed on: 12/27/2023

Last Buyer's Agent

Rob Rogers

Howard Hanna License #2015005456

Howard Hanna

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $501

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 41x138
  • North Facing Home

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,206 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-01-006-122-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$501

Year Built

Built in 1910

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1910
  • Attribution Contact: info@21mike.com 216-373-7727
  • Above Grade Finished Sq Ft: 1206.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.13
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: North
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-01-006-122-004
  • LandLeaseYN: No
  • Lot Dimensions: 41x138

Tax Info

  • Tax Annual Amount: 501.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
May 28, 2025
Sold by
Fmd988 Llc
Bought by
Next Chapter Capital Llc
Seller's Agent
Michael Ferrante
LPT Realty
Buyer's Agent
Rob Rogers
Howard Hanna
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%
Views
251
Current Estimated Value
$65,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,581
Avg. Annual Appreciation
11.31%
Original Mortgage
$104,000
Outstanding Balance
$103,733
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$38,152

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 11, 2021
Sold by
Hector Assets Llc
Bought by
Fmd988 Llc
Seller's Agent
Justin Hunker
Landlord Leasing, Inc.
Buyer's Agent
Jacqueline Jakacki
RE/MAX Above & Beyond
List Price
$59,500
Sold Price
$59,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.20%

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 9, 2021
Sold by
Freedom Property Sointions Llc
Bought by
Hector Assets Llc
Seller's Agent
Justin Hunker
Landlord Leasing, Inc.
Buyer's Agent
Jacqueline Jakacki
RE/MAX Above & Beyond
List Price
$59,500
Sold Price
$59,500

Purchase Details

Closed on
Sep 7, 2017
Sold by
Fannie Mae
Bought by
Freedom Property Solutions Llc

Purchase Details

Closed on
Oct 12, 2016
Sold by
Lorain County Sheriff
Bought by
Federal National Mortgage Association
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 Titleco Title Agency
Warranty Deed $80,300 None Available
Quit Claim Deed $59,500 None Available
Quit Claim Deed -- --
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $104,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2025 05/28/25 Sold $60,000 -14.3% $50 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $70,000 0.0% $58 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/07/2025 03/07/25 Price Changed $70,000 -6.7% $58 / Sq Ft
02/20/2025 02/20/25 Price Changed $75,000 -6.3% $62 / Sq Ft
01/28/2025 01/28/25 Price Changed $80,000 -5.9% $66 / Sq Ft
11/29/2024 11/29/24 Price Changed $85,000 -5.6% $70 / Sq Ft
10/24/2024 10/24/24 For Sale $90,000 0.0% $75 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $90,000 -2.2% $75 / Sq Ft
06/20/2024 06/20/24 Price Changed $92,000 -3.2% $76 / Sq Ft
06/18/2024 06/18/24 Price Changed $95,000 -5.0% $79 / Sq Ft
03/19/2024 03/19/24 For Sale $100,000 0.0% $83 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $100,000 -4.8% $83 / Sq Ft
12/27/2023 12/27/23 For Sale $105,000 +76.5% $87 / Sq Ft
02/17/2021 02/17/21 Sold $59,500 0.0% $49 / Sq Ft View Prior Sale
01/02/2021 01/02/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $59,500 -- $49 / Sq Ft
Source: MLS Now

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 $1,048 $24,805 $4,008 $20,797
2023 $505 $9,555 $3,626 $5,929
2022 $501 $9,555 $3,626 $5,929
2021 $501 $9,555 $3,626 $5,929
2020 $510 $8,450 $3,210 $5,240
2019 $507 $8,450 $3,210 $5,240
2018 $507 $8,450 $3,210 $5,240
2017 $1,138 $17,890 $3,610 $14,280
2016 $1,100 $17,890 $3,610 $14,280
2015 $1,187 $17,890 $3,610 $14,280
2014 $959 $16,560 $3,340 $13,220
2013 $951 $16,560 $3,340 $13,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5008514

MLS Now

APN: 02-01-006-122-004

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