NOT LISTED FOR SALE

116 Water St Elyria, OH 44035

4 Beds
2 Baths
1,776 Sq Ft
3,049 Sq Ft Lot

Last Sold August 06, 2024

Last sale price $75,100 $42 Per Sq Ft

51 Days on Market

Highlights

  • Forced Air Heating System
  • West Facing Home
  • Wood Siding
  • Baseboard Heating

About This Home

As of August 2024

Welcome to your next investment property! 116 Water St has been updated and with a few finishing touches is ready to rent. Both units have 2 bedrooms. The upstairs access is inside so no slippery winters or exterior staircase to maintain. Located in the heart of downtown Elyria, there will be no shortage of potential tenants. Easy-to-maintain vinyl flooring, updated kitchens, and in-unit laundry access are a few of the amenities. Bring your offers and your tenants!

Last Agent to Sell the Property

Helen Soeder

LoFaso Real Estate Services Brokerage Email: 330-220-4780 sold@samlofaso.com License #2008002919 Listed on: 05/16/2024

Last Buyer's Agent

Helen Soeder

LoFaso Real Estate Services Brokerage Email: 330-220-4780 sold@samlofaso.com License #2008002919 Listed on: 05/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • West Facing Home

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Elyria Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 06-26-066-000-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,283

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1900
  • Attribution Contact: 330-220-4780 sold@samlofaso.com
  • Subdivision Name: Elyria
  • Above Grade Finished Sq Ft: 1776.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.07
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

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

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-26-066-000-017
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Heat

Tax Info

  • Tax Annual Amount: 1283.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2024 08/06/24 Sold $75,100 -20.9% $42 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
06/24/2024 06/24/24 Price Changed $95,000 -13.6% $53 / Sq Ft
05/20/2024 05/20/24 Price Changed $110,000 -21.4% $62 / Sq Ft
05/16/2024 05/16/24 For Sale $140,000 +483.3% $79 / Sq Ft
12/29/2016 12/29/16 Sold $24,000 0.0% $14 / Sq Ft View Prior Sale
11/17/2016 11/17/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $24,000 -- $14 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5038639

MLS Now