NOT LISTED FOR SALE

1124 Lake Ave Elyria, OH 44035

Estimated Value: $133,000 - $144,673

4 Beds
2 Baths
1,712 Sq Ft
$80/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2024

Last sale price $165,000 $96 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $954 / mo

15 Days on Market

Highlights

  • 2 Car Garage
  • Wood Siding
  • Heating System Uses Gas

About This Home

As of April 2024

Welcome to the stunning 1124-1126 Lake Ave side by side duplex in Elyria. This rare opportunity to own a home with this many updates doesn't come along too often. Whether you're looking to house-hack and live in one unit and rent out the other or you're looking for your next investment property to rent out both units, this is the perfect opportunity for you. This remarkable duplex has many updates throughout. Some of the updates include: new furnaces in each unit along with new programmable thermostats, full roof tear off and new asphalt shingle replacement on both house and garage, new vinyl plank flooring in each kitchen unit, new carpet and padding throughout both units, 2 new garage doors and many more features you're going to have to come checkout for yourself. You can tell the attention to detail that went into this home. Schedule your private showing right away. Contact the listing agent for a full video walk-through of the property.

Last Agent to Sell the Property

Darian Thomas

Keller Williams Greater Metropolitan Brokerage Email: 216-839-5500 klrw297@kw.com License #2018000640 Listed on: 03/01/2024

Keller Williams Greater Metropolitan

Last Buyer's Agent

Heather Zelenka

Keller Williams Elevate License #2022004425

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,627

Year Built

  • Built in 1948

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 2 Car Garage
  • Alley Access

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,712 Sq Ft Home
  • 2-Story Property
  • Range
  • Washer and Gas Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas

Community Details

  • William A Bramans Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-24-027-109-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,627

Year Built

Built in 1948

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1948
  • Attribution Contact: 216-839-5500 klrw297@kw.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: William A Bramans
  • Above Grade Finished Sq Ft: 1712.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Alley Access

Utilities

  • LaundryFeatures: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-24-027-109-014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1627.0

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 1, 2024
Closed on
Apr 10, 2024
Sold by
Bought by
Seller's Agent
Darian Thomas
Keller Williams Greater Metropolitan
Buyer's Agent
Heather Zelenka
Keller Williams Elevate
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Views
75
Current Estimated Value
$146,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,999
Avg. Annual Appreciation
-7.85%
Original Mortgage
$123,750
Interest Rate
0.0694%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 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
$75,000
Interest Rate
0.063%
Source: Public Records
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$165,000 None Listed On Document
-- Attorney
-- Majestic Title Agency Llc
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
Closed $123,750
Closed $75,000
Closed $10,900
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
04/11/2024 04/11/24 Sold $165,000 -5.7% $96 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $175,000 -- $102 / 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 $1,989 $41,017 $6,909 $34,108
2023 $1,628 $29,152 $5,320 $23,832
2022 $1,622 $29,152 $5,320 $23,832
2021 $1,626 $29,152 $5,320 $23,832
2020 $1,526 $24,330 $4,440 $19,890
2019 $1,516 $24,330 $4,440 $19,890
2018 $1,512 $24,330 $4,440 $19,890
2017 $1,505 $23,100 $4,310 $18,790
2016 $1,486 $23,100 $4,310 $18,790
2015 $1,394 $23,100 $4,310 $18,790
2014 $1,450 $24,320 $4,540 $19,780
2013 $1,438 $24,320 $4,540 $19,780
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5021021

MLS Now

APN: 06-24-027-109-014

Your Personal Tour Guide

Ask me questions while you tour the home.