$60,000
SOLD MAY 30, 2025

116 4th St Elyria, OH 44035

-- Bed
-- Bath
1,691 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$35 Per Sq Ft

45% Below List Price

85 Days on Market

About This Home

As of May 2025

This is a blank canvas, just waiting for someone looking for an investment opportunity! With some sweat equity - you could have an income producing property. Good news - the demo has already been done PLUS this property has been completely re-wired, has all new sewer lines and all interior water lines have been replaced too. This could be used as an office with an upstairs income producing apartment or transform the lower unit into another apartment - and have a duplex. Zoned business/residential, you have a few income producing options. 2 furnaces/2 gas meters, one electric meter and one water bill. The roof was replaced in 2018 and comes with a 50-year warranty, don't miss all of the ample parking (6+ spaces), and most importantly this location is close to the hospital. Previously used as an owner-occupied business with a tenant upstairs that paid $650.00. Very affordable utilities. EASYTO SHOW!

Last Agent to Sell the Property

Tarina Sidoti

BHHS Professional Realty License #2009004588 Listed on: 02/19/2025

BHHS Professional Realty

Co-Listed By

Default zSystem

zSystem Default

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1,691 Sq Ft Home
  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0625098102004

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • PropertySubType: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Sold
  • ResoBuildingAreaSource: Public Records
  • Living Area: 1691
  • Year Built: 1910
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6534
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 0625098102004
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2296.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
May 27, 2025
Sold by
Nelson Steven C
Bought by
Higher Focus Real Estate Llc
Seller's Agent
Tarina Sidoti
BHHS Professional Realty
List Price
$109,000
Sold Price
$60,000
Premium/Discount to List
-$49,000
-44.95%
Views
122
Current Estimated Value
$60,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725
Avg. Annual Appreciation
2.13%

Purchase Details

Listed on
Feb 19, 2025
Closed on
Apr 17, 2025
Sold by
Klb Property Management Llc
Bought by
Expresso Real Estate Llc
Seller's Agent
Tarina Sidoti
BHHS Professional Realty
List Price
$109,000
Sold Price
$60,000
Premium/Discount to List
-$49,000
-44.95%
Views
122
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 Miller Home Title
Warranty Deed $352,000 Miller Home Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $60,000 -24.1% $35 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
04/28/2025 04/28/25 Price Changed $79,000 -20.2% $47 / Sq Ft
02/26/2025 02/26/25 Price Changed $99,000 -9.2% $59 / Sq Ft
02/19/2025 02/19/25 For Sale $109,000 -- $64 / Sq Ft
Source: Firelands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,296 $38,210 $14,735 $23,475
2023 $1,856 $25,536 $10,094 $15,442
2022 $1,846 $25,536 $10,094 $15,442
2021 $1,862 $25,536 $10,094 $15,442
2020 $1,936 $25,530 $10,090 $15,440
2019 $1,917 $25,530 $10,090 $15,440
2018 $1,896 $25,530 $10,090 $15,440
Source: Public Records

Agents Affiliated with this Home

  • Tarina Sidoti

    Seller's Agent in 2025

    Tarina Sidoti

    BHHS Professional Realty

    (419) 706-2365

    5 in this area

    458 Total Sales

    Tarina Sidoti
    Section Image

  • D

    Seller Co-Listing Agent in 2025

    Default zSystem

    zSystem Default

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Map

Source: Firelands Association of REALTORS®

MLS Number: 20250524

APN: 06-25-098-102-004

Ohio Lorain County Elyria 44035

116 4th St, Elyria, OH

Sold

MultiFamily

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