$102,000
SOLD JAN 10, 2025

1231 W 5th St Lorain, OH 44052

3 Beds
3 Baths
1,638 Sq Ft
0.25 Acres

Recently Sold

$62 Per Sq Ft

43% Below List Price

72 Days on Market

About This Home

As of January 2025

Turnkey Triplex. Tons of money to be made on this one. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. Local & out of state investors welcome!

Last Agent to Sell the Property

James Wise

The Holton-Wise Property Group LLC Brokerage Email: 216-661-6633 Sales@holtonwise.com License #2015001161 Listed on: 09/25/2024

Last Buyer's Agent

James Wise

The Holton-Wise Property Group LLC Brokerage Email: 216-661-6633 Sales@holtonwise.com License #2015001161 Listed on: 09/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1923

Parking

  • Driveway

Home Design

  • Asphalt Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 2-Story Property
  • 0.25 Acre Lot
  • Basement

Community Details

  • Brownells Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-02-026-108-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,227

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1923
  • Attribution Contact: 216-661-6633 Sales@holtonwise.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Brownells
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 0.25
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: Other
  • Heating: Other
  • Water Source: Public

Schools

  • Junior High Dist: Lorain CSD - 4709

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-026-108-007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1227.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
01/10/2025 01/10/25 Sold $102,000 -14.9% $62 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
12/13/2024 12/13/24 Price Changed $119,900 -7.7% $73 / Sq Ft
12/10/2024 12/10/24 Price Changed $129,900 -7.1% $79 / Sq Ft
11/05/2024 11/05/24 Price Changed $139,900 -12.5% $85 / Sq Ft
10/17/2024 10/17/24 Price Changed $159,900 -11.1% $98 / Sq Ft
10/07/2024 10/07/24 For Sale $179,900 +76.4% $110 / Sq Ft
09/25/2024 09/25/24 Off Market $102,000 -- --
11/15/2022 11/15/22 Sold $88,500 -4.3% $37 / Sq Ft View Prior Sale
10/19/2022 10/19/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $92,500 0.0% $38 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/10/2022 09/10/22 Price Changed $92,500 -7.4% $38 / Sq Ft
08/29/2022 08/29/22 For Sale $99,900 +17.5% $41 / Sq Ft
04/27/2021 04/27/21 Sold $85,000 +6.3% $35 / Sq Ft View Prior Sale
03/24/2021 03/24/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $80,000 -- $33 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Wise

    Seller's Agent in 2025

    James Wise

    The Holton-Wise Property Group LLC

    (216) 661-6633

    34 in this area

    375 Total Sales

    James Wise
    Section Image
  • Amy Hoes

    Seller's Agent in 2022

    Amy Hoes

    EXP Realty, LLC.

    (330) 416-1597

    8 in this area

    989 Total Sales

    Amy Hoes
    Section Image

  • C

    Seller's Agent in 2021

    Christina Meier

    Deleted Agent

    Section Image
  • Rosanne Dover

    Buyer's Agent in 2021

    Rosanne Dover

    EXP Realty, LLC.

    (440) 915-8213

    6 in this area

    68 Total Sales

    Rosanne Dover
    Section Image
  • Sue Sasseville

    Buyer Co-Listing Agent in 2021

    Sue Sasseville

    EXP Realty, LLC.

    (440) 317-0422

    16 in this area

    456 Total Sales

    Sue Sasseville
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5073029

MLS Now

APN: 02-02-026-108-007

Ohio Lorain County Lorain 44052

1231 W 5th St, Lorain, OH

Sold

MultiFamily

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