NOT LISTED FOR SALE

1241 W 24th St Lorain, OH 44052

Lorain Area

Estimated Value: $124,000 - $158,599

4 Beds
2 Baths
1,960 Sq Ft
$73/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2019

Last sale price $80,000 $41 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $916 / mo

47 Days on Market

About This Home

As of August 2019

Great opportunity!! Duplex for sale in Lorain's lake front community. Mins from Lakeview Park. Lorain County Metro Parks’ first lakeside recreational park, Lakeview Park, offers 20 acres along the north side of West Erie Avenue in Lorain, Ohio. This nearby neighborhood park, known for its Historical Rose Garden, spectacular sunsets and views of the Lorain Lighthouse, hosts a variety of recreational opportunities awaiting visitors of all ages, from swimming and sunbathing, to corn hole, beach volleyball, picnicking and much more!Weather this is going to be a rental property or a place to call your own, this house is loacated minutes from local shopping, Home depot, boat docs, sports arena, and city schools. Large bedrooms, affordable utilities, all appliances stay, 6 window AC's stay. Windows & roof replaced 2010. updated electirical panels. HWT's replaced in 2012. Easy to rent. Great location. 650-750 rental income per side in present condition.

Last Agent to Sell the Property

Damian Incorvia

Deleted Agent License #2005014453 Listed on: 05/13/2019

Last Buyer's Agent

Damian Incorvia

Deleted Agent License #2005014453 Listed on: 05/13/2019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1960

Lot Details

  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 02-02-016-108-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,347

Year Built

Built in 1960

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 40.82
  • Estimated Price per Sq Ft: 40.82
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1960
  • Year Built: 1960
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1960.00
  • Sq Ft Approx Total Finished: 1960.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 02-02-016-108-009

Multi Family

  • Unit Count: 1
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1347

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
Aug 13, 2020
Sold by
Bought by
Current Estimated Value
$142,900

Purchase Details

Listed on
May 13, 2019
Closed on
Aug 6, 2019
Sold by
Bought by
Seller's Agent
Damian Incorvia
Deleted Agent
Buyer's Agent
Damian Incorvia
Deleted Agent
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$60,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
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
$77,779
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lorain, OH

  • Kit Custer Real Estate Agent - RE/MAX Transitions

    Kit Custer

    RE/MAX Transitions

    (234) 233-7729

    58 Total Sales

    2 in Lorain

    $64K - $119K Price Range

    Kit Custer
     Section Image
  • Laura Petek Real Estate Agent - Real of Ohio

    Laura Petek

    Responds Quickly

    Real of Ohio

    (440) 597-3674

    171 Total Sales

    2 in Lorain

    $95K - $275K Price Range

    Laura Petek
     Section Image
  • Amy Marinello Real Estate Agent - Berkshire Hathaway HomeServices Professional Realty

    Amy Marinello

    Berkshire Hathaway HomeServices Professional Realty

    (234) 299-1728

    350 Total Sales

    1 in Lorain

    $219,500 Price

    Amy Marinello
     Section Image
  • Ashton Hixenbaugh Real Estate Agent - EXP Realty, LLC.

    Ashton Hixenbaugh

    EXP Realty, LLC.

    (330) 964-3459

    82 Total Sales

    2 in Lorain

    $133K - $167K Price Range

    Ashton Hixenbaugh
     Section Image
  • Molly Szafran Real Estate Agent - Russell Real Estate Services

    Molly Szafran

    Russell Real Estate Services

    (440) 581-1443

    145 Total Sales

    16 in Lorain

    $111K - $250K Price Range

    Molly Szafran
     Section Image
  • Keyano Burgess Real Estate Agent - Lokal Real Estate, LLC.

    Keyano Burgess

    Lokal Real Estate, LLC.

    (216) 999-3997

    130 Total Sales

    2 in Lorain

    $99K - $100K Price Range

    Keyano Burgess
     Section Image
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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
-- None Available
$80,000 None Available
-- Sandstone Title Agency Ltd
-- Real Estate Title Service Co
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 $60,000
Previous Owner $77,779
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
08/23/2019 08/23/19 Sold $80,000 -11.0% $41 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $89,900 -- $46 / 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 $1,582 $37,440 $6,321 $31,119
2023 $1,477 $27,962 $5,289 $22,673
2022 $1,465 $27,962 $5,289 $22,673
2021 $1,464 $27,962 $5,289 $22,673
2020 $1,354 $22,450 $4,250 $18,200
2019 $1,346 $22,450 $4,250 $18,200
2018 $1,347 $22,450 $4,250 $18,200
2017 $1,475 $23,180 $4,820 $18,360
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Damian Incorvia

    Deleted Agent

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Map

Source: MLS Now

MLS Number: 4095580

MLS Now

APN: 02-02-016-108-009

Ohio Lorain County Lorain 44052

1241 W 24th St, Lorain, OH

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