$99,900
UNDER CONTRACT

124 Cornell Ave Elyria, OH 44035

Elyria Area

Estimated payment $658/month

Total Views 2,057
4 Beds
1.5 Baths
2,124 Sq Ft
$47 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating System
  • No HOA
  • 2 Car Attached Garage

About This Home

Attention investors, rehabbers, & handy owner-occupants! Here's an outstanding opportunity to purchase a 4-bedroom, 1.5-bath colonial in a prime location with tremendous upside potential. Whether you're looking for your next renovation project, a long-term rental, or a home to build sweat equity, this estate sale offers exceptional value. Owned by the same family for many years, this vinyl-sided home features updated vinyl windows, a convenient garage, and a spacious 4 bedroom floor plan ready for your vision. Desirable four-bedroom layout provides strong after-repair value & excellent rental potential, making it an attractive addition to any investment portfolio. Property is being sold AS IS, the seller will make no repairs. Basement has water intrusion and will require repair. The roof appears to be newer and serviceable overall but is missing shingles in one area, as shown in the photos. Buyers are encouraged to perform their own inspections and due diligence. With solid bones, a highly desirable location, and significant upside, this property presents an excellent opportunity for cash or hard money buyers seeking their next profitable project. Owner-occupants using renovation financing or willing to invest sweat equity should also take a close look. Easy to show, vacant, and ready for a quick transfer. Opportunities with this much potential and a strong ARV don't come along often. Schedule your showing today and bring your vision!

Listing Agent

Christopher Frederick

Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #426983 Listed on: 07/28/2026

Coldwell Banker Schmidt Realty

Co-Listing Agent

Michele Frederick

Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #436731

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1920

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Porch
  • 6,534 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Eastern Heights Land Co Sub # Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-25-005-103-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,306

Year Built

Built in 1920

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1920
  • Attribution Contact: thefrederickteam@gmail.com, 216-210-7653
  • Co List Office Phone: 440-327-2123
  • Subdivision Name: Eastern Heights Land Co Sub #
  • Above Grade Finished Sq Ft: 1416.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2025
  • Property Sub Type Additional: Single Family Residence
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 708.0
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.15
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-25-005-103-025
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 1306.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,306 $48,542 $7,791 $40,751
2023 $1,697 $40,310 $7,980 $32,330
2022 $1,714 $40,310 $7,980 $32,330
2021 $1,718 $40,310 $7,980 $32,330
2020 $1,575 $34,490 $6,830 $27,660
2019 $1,565 $34,490 $6,830 $27,660
2018 $1,568 $34,490 $6,830 $27,660
2017 $1,555 $33,220 $7,310 $25,910
2016 $1,535 $33,220 $7,310 $25,910
2015 $1,437 $33,220 $7,310 $25,910
2014 $1,401 $32,900 $7,240 $25,660
2013 $1,388 $32,900 $7,240 $25,660
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
07/28/2026 07/28/26 For Sale $99,900 -- $47 / Sq Ft
Source: MLS Now

Source: MLS Now

MLS Number: 5230304

MLS Now

APN: 06-25-005-103-025

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