NOT LISTED FOR SALE

1215 New Jersey Ave Lorain, OH 44052

Estimated Value: $180,000 - $221,980

4 Beds
3 Baths
2,340 Sq Ft
$82/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $150,000 $64 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,193/month

19 Days on Market

Highlights

  • City View
  • Forced Air Heating and Cooling System
  • West Facing Home
  • 1 Car Detached Garage

About This Home

As of March 2023

Twice as Good! Duplex awaits discovery...Be the first to seize bargain in this two bedroom each unit offering hardwood flooring, updated kitchen cabinets with plenty of storage and counter top space, inviting bedrooms, first floor living room unit offers a fireplace which is the center of attention, relaxing bathrooms, ceramic flooring, full partially finished basement, toilet, block shower, glass block windows, spacious lot, desirable area closed to Lake Erie, Shopping, Parks, Restaurants and so much more. Perfect opportunity to live in one unit and rent the other or if you are looking to add a great real estate investment to your financial portfolio. Call today for a profitable future!

Last Agent to Sell the Property

Andrea Neal

Russell Real Estate Services License #2004002356 Listed on: 01/12/2023

Russell Real Estate Services

Co-Listed By

Jeff Neal

Russell Real Estate Services License #2013000845

Last Buyer's Agent

Jessica Cannistra

Russell Real Estate Services License #2021001304

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1958

Lot Details

  • 7,841 Sq Ft Lot
  • West Facing Home
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • City Views
  • Laundry in unit

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Location

  • City Lot

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 03-00-056-102-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,729

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 80.65
  • Estimated Price per Sq Ft: 80.65
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1860
  • Year Built: 1958
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Appliances Equipment: Microwave, Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Partial
  • Sq Ft Approx Above Grade Finished: 1860.00
  • Sq Ft Approx Below Grade Finished: 480.00
  • Sq Ft Approx Total Finished: 2340.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 1

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Fireplace-Gas, Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.1800
  • Parcel Number: 03-00-056-102-005

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 14, 2023
Sold by
Nickoloff Carol J
Bought by
Binder Christine
Seller's Agent
Andrea Neal
Russell Real Estate Services
Buyer's Agent
Jessica Cannistra
Russell Real Estate Services
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
120
Current Estimated Value
$192,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,995
Avg. Annual Appreciation
6.89%
Original Mortgage
$147,283
Outstanding Balance
$143,452
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$33,969
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Binder Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binder Christine $4,575
Open Binder Christine $34,278
Open Binder Christine $147,283
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $150,000 +0.1% $64 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $149,900 -- $64 / Sq Ft
Source: MLS Now

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 $2,072 $50,243 $4,876 $45,367
2023 $1,899 $46,039 $5,348 $40,691
2022 $1,904 $46,039 $5,348 $40,691
2021 $1,904 $46,039 $5,348 $40,691
2020 $1,729 $38,180 $4,440 $33,740
2019 $1,719 $38,180 $4,440 $33,740
2018 $1,600 $38,180 $4,440 $33,740
2017 $1,480 $32,610 $5,520 $27,090
2016 $1,468 $32,610 $5,520 $27,090
2015 $1,384 $32,610 $5,520 $27,090
2014 $1,291 $31,060 $5,260 $25,800
2013 $1,282 $31,060 $5,260 $25,800
Source: Public Records

Agents Affiliated with this Home

  • Andrea Neal

    Seller's Agent in 2023

    Andrea Neal

    Russell Real Estate Services

    (440) 315-0686

    186 in this area

    248 Total Sales

    Andrea Neal
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jeff Neal

    Russell Real Estate Services

    (440) 785-6063

    49 in this area

    56 Total Sales

    Jeff Neal
    Section Image
  • Jessica Cannistra

    Buyer's Agent in 2023

    Jessica Cannistra

    Russell Real Estate Services

    (440) 371-8093

    2 in this area

    15 Total Sales

    Jessica Cannistra
    Section Image
  • Chris Kilbane

    Buyer Co-Listing Agent in 2023

    Chris Kilbane

    Russell Real Estate Services

    (440) 915-8257

    5 in this area

    334 Total Sales

    Chris Kilbane
    Section Image
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Map

Source: MLS Now

MLS Number: 4431980

MLS Now

APN: 03-00-056-102-005

Ohio Lorain County Lorain 44052

1215 New Jersey Ave, Lorain, OH

This home is located at 1215 New Jersey Ave, Lorain, OH 44052 since 12 January 2023 and is currently estimated at $192,995, approximately $82 per square foot. This property was built in 1958. 1215 New Jersey Ave is a home located in Lorain County with nearby schools including Larkmoor Elementary School, Longfellow Middle School, and Lorain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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