NOT LISTED FOR SALE

122 W 27th St Lorain, OH 44055

Lorain Area
4 Beds
2 Baths
2,305 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: November 12, 2021

Last sale price $41,000 $18 Per Sq Ft

20 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • Partially Fenced Property

About This Home

As of November 2021

Awesome investment opportunity! This up & down duplex features a spacious 2 bedroom 1 bath on the main level and another unit upstairs that has been completely gutted! Buyer can finish the upper living space to use as a single family home or keep as a Duplex and generate income!

Last Agent to Sell the Property

Ralph Mercado

RE/MAX Transitions License #2020002221 Listed on: 10/13/2021

RE/MAX Transitions

Last Buyer's Agent

Rebecca Bauer

Realtywise, Inc. License #2003011130

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $686

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Vinyl Fence
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,305 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 02-01-003-191-019

Community Details

Overview

  • 2 Units
  • Brass Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$686

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 17.79
  • Estimated Price per Sq Ft: 17.79
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 2305
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2305.00
  • Sq Ft Approx Total Finished: 2305.00

Exterior Features

  • Exterior: Wood
  • Fences: Partial, Vinyl/Plastic
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Brass

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1700
  • Parcel Number: 02-01-003-191-019

Multi Family

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

Tax Info

  • Tax: 686

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

Closed on
Dec 29, 2025
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
$100,000
Outstanding Balance
$50,777
Interest Rate
6.23%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 19, 2023
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
$850,000
Interest Rate
6.52%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2022
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
$467,250
Interest Rate
3.15%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 11, 2021
Sold by
Bought by
Seller's Agent
Ralph Mercado
RE/MAX Transitions
Buyer's Agent
Rebecca Bauer
Realtywise, Inc.
List Price
$50,000
Sold Price
$41,000
Premium/Discount to List
-$9,000
-18%

Purchase Details

Closed on
Jan 15, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$100,000 Black Tie Title
$405,000 None Listed On Document
-- None Listed On Document
$41,000 Infinity Title Co
$10,000 Nova Title Agency Inc
$38,000 None Available
-- --
$47,000 --
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 $100,000
Previous Owner $850,000
Previous Owner $467,250
Previous Owner $57,000
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
11/12/2021 11/12/21 Sold $41,000 -18.0% $18 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $50,000 -- $22 / 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 $1,507 $37,520 $3,927 $33,593
2023 $688 $13,027 $3,451 $9,576
2022 $683 $13,027 $3,451 $9,576
2021 $674 $13,027 $3,451 $9,576
2020 $686 $11,520 $3,050 $8,470
2019 $682 $11,520 $3,050 $8,470
2018 $682 $11,520 $3,050 $8,470
2017 $545 $8,680 $3,430 $5,250
2016 $541 $8,680 $3,430 $5,250
2015 $511 $8,680 $3,430 $5,250
2014 $496 $8,050 $3,180 $4,870
2013 $469 $8,050 $3,180 $4,870
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4325052

MLS Now

APN: 02-01-003-191-019

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