Tera Somogyi
Keller Williams Living
(440) 616-7530
153 Total Sales
3 in Lorain
$141K - $360K Price Range
1239 W 5th St Lorain, OH 44052
Lorain Area
8
Beds
4
Baths
4,176
Sq Ft
3,920
Sq Ft Lot
About This Home
As of March 2024Rare opportunity for a true brick 4 unit building. Each unit was rehabbed a few years back. 2 electrical of the 4 electrical panels have been updated. 4 new hot tanks. Solid income producing property. Fully occupied. Tenant provides their owner washer and dryer. Landlord provides range and refrigerator. Tenants pay all utilities including electric, gas and water. All units are fully rented, unit 1: $650/mo, unit 2: $625/mo, unit 3: $600/mo, unit 4: $625. Solid income generating property, seller is ready to move on to other investments.
Last Agent to Sell the Property
Keller Williams Greater Metropolitan Brokerage Email: 216-839-5500 klrw297@kw.com License #2013002819 Listed on: 02/06/2024
Last Buyer's Agent
Austin McClain
Deleted Agent License #2022000002
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,241
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
Home Design
- Quadruplex
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 4,176 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Brownells Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-02-026-108-001
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
Jun 13, 2024
Sold by
Bought by
Purchase Details
Listed on
Feb 6, 2024
Closed on
Mar 13, 2024
Sold by
Bought by
Seller's Agent
Mathew Chase
Keller Williams Greater Metropolitan
Buyer's Agent
Austin McClain
Deleted Agent
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 19, 2018
Closed on
Feb 14, 2018
Sold by
Bought by
Seller's Agent
Tammy Koleski
Howard Hanna
Buyer's Agent
Mathew Chase
Keller Williams Greater Metropolitan
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$67,500
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 10, 2016
Sold by
Bought by
Purchase Details
Closed on
Jul 24, 2008
Sold by
Bought by
Purchase Details
Closed on
Oct 11, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lorain, OH
-
Tera Somogyi
-
Ryan King
Ryan King
King Realty
(440) 581-1296
64 Total Sales
2 in Lorain
$75K - $154K Price Range
-
Chris Higgins
Chris Higgins
Responds QuicklyKeller Williams Citywide
(440) 597-3464
143 Total Sales
8 in Lorain
$140K - $640K Price Range
-
Cody Webb
Cody Webb
Russell Real Estate Services
(567) 743-7890
116 Total Sales
3 in Lorain
$113K - $169K Price Range
-
Angela Foster
Angela Foster
Classic Realty Group, Inc.
(216) 350-2776
118 Total Sales
4 in Lorain
$115K - $255K Price Range
-
Noureddine Chehade
Noureddine Chehade
EXP Realty, LLC.
(216) 284-3732
378 Total Sales
9 in Lorain
$95K - $640K Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $195,000 | Ohio Real Title | ||
| $90,000 | -- | ||
| -- | Knone Available | ||
| $110,000 | None Available | ||
| -- | None Available | ||
| $90,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $191,468 | ||
| Previous Owner | $67,500 |
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 |
|---|---|---|---|---|
| 03/14/2024 03/14/24 | Sold | $195,000 | -2.5% | $47 / Sq Ft |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- |
| 02/06/2024 02/06/24 | For Sale | $199,900 | -- | $48 / 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 | $3,409 | $53,368 | $2,496 | $50,873 |
| 2023 | $2,466 | $31,381 | $2,079 | $29,302 |
| 2022 | $2,441 | $31,381 | $2,079 | $29,302 |
| 2021 | $2,452 | $31,381 | $2,079 | $29,302 |
| 2020 | $2,520 | $31,380 | $2,080 | $29,300 |
| 2019 | $2,498 | $31,380 | $2,080 | $29,300 |
| 2018 | $2,452 | $31,380 | $2,080 | $29,300 |
| 2017 | $2,894 | $33,490 | $5,600 | $27,890 |
Source: Public Records
Agents Affiliated with this Home
-
Mathew Chase
Seller's Agent in 2024
Mathew Chase
Keller Williams Greater Metropolitan
(440) 452-2000
796 Total Sales
-
A
Buyer's Agent in 2024
Austin McClain
Deleted Agent
Map
Source: MLS Now
MLS Number: 5015658
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