NOT LISTED FOR SALE
4 Beds
2 Baths
1,776 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: August 6, 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

  • Duplex
  • 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

3,049 Sq Ft Lot

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

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
May 16, 2024
Closed on
Jul 30, 2024
Sold by
Bought by
Seller's Agent
Helen Soeder
LoFaso Real Estate Services
Buyer's Agent
Helen Soeder
LoFaso Real Estate Services
List Price
$140,000
Sold Price
$75,100
Premium/Discount to List
-$64,900
-46.36%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,080
Interest Rate
0.0687%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2021
Sold by
Bought by

Purchase Details

Listed on
Oct 31, 2016
Closed on
Dec 28, 2016
Sold by
Bought by
Seller's Agent
David Sarver
Berkshire Hathaway HomeServices Professional Realty
Buyer's Agent
Helen Soeder
LoFaso Real Estate Services
List Price
$24,000
Sold Price
$24,000

Purchase Details

Closed on
Jan 11, 2002
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
$42,000
Interest Rate
0.0661%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Bought by
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

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
$75,100 Ohio First Land Title
-- Land Title
-- --
$25,000 Northstar Title Services
$25,000 --
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 $60,080
Previous Owner $42,000
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 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

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 $1,394 $28,256 $4,536 $23,720
2023 $1,281 $22,218 $2,104 $20,115
2022 $1,252 $22,218 $2,104 $20,115
2021 $1,239 $22,218 $2,104 $20,115
2020 $1,277 $20,370 $1,930 $18,440
2019 $1,269 $20,370 $1,930 $18,440
2018 $1,285 $20,370 $1,930 $18,440
2017 $1,268 $19,470 $1,930 $17,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5038639

MLS Now
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