NOT LISTED FOR SALE

1406 Massachusetts Ave Lorain, OH 44052

Lorain Area

Estimated Value: $121,000 - $159,000

4 Beds
2 Baths
1,728 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2022

Last sale price $111,500 $65 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $916 / mo

4 Days on Market

Highlights

  • City View
  • Park
  • East Facing Home
  • Community Playground
  • Baseboard Heating

About This Home

As of July 2022

Great investment property! This well maintained, two bedrooms each side by side duplex, one unit is occupied, kitchen has been updated, one unit is currently vacant and ready to view, efficient floor plan, large eat-in kitchen, laundry room, inviting living room area with lots of natural light, roomy upstairs bedrooms, relaxing and bright full bath, paved drive ways, ceiling fans, backyard offers a park like setting, perfect for family members and friends to gather and enjoy, easy access to highway, close to Lake Erie, schools, parks, restaurants, churches and so much more! Invest in your future today by adding this property to your financial portfolio. Start planning for your future TODAY!

Last Agent to Sell the Property

Andrea Neal

Russell Real Estate Services License #2004002356 Listed on: 06/08/2022

Russell Real Estate Services

Last Buyer's Agent

Brian Moran

Coldwell Banker Schmidt Realty License #2024005932

Coldwell Banker Schmidt Realty

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

  • $1,417

Year Built

  • Built in 1979

Lot Details

  • 5,663 Sq Ft Lot
  • East Facing Home

Parking

  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • City Lot
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 03-00-050-112-022

Community Details

Overview

  • 2 Units
  • Highview Park Sub #2 Community

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,417

Year Built

Built in 1979

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 64.53
  • Estimated Price per Sq Ft: 64.53
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1728
  • Year Built: 1979
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Appliances Equipment: Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 1728.00
  • Sq Ft Approx Total Finished: 1728.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park, Playground

Condo/Co-op/Association

  • Subdivision Complex: Highview Park Sub #2

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 03-00-050-112-022

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 1417

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

Listed on
Jun 8, 2022
Closed on
Jul 25, 2022
Sold by
Moran Brian J
Bought by
Seller's Agent
Andrea Neal
Russell Real Estate Services
Buyer's Agent
Brian Moran
Coldwell Banker Schmidt Realty
List Price
$114,900
Sold Price
$111,500
Premium/Discount to List
-$3,400
-2.96%
Current Estimated Value
$144,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,596
Avg. Annual Appreciation
7.14%
Original Mortgage
$83,625
Outstanding Balance
$79,058
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$69,266

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 13, 2022
Sold by
Jackson Tommie J
Bought by
Moran Brian J
Seller's Agent
Andrea Neal
Russell Real Estate Services
Buyer's Agent
Brian Moran
Coldwell Banker Schmidt Realty
List Price
$114,900
Sold Price
$111,500
Premium/Discount to List
-$3,400
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,625
Outstanding Balance
$79,058
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$69,266
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

  • Angie Barnicle-Masterson Real Estate Agent - Simply Better Realty, LLC

    Angie Barnicle-Masterson

    Simply Better Realty, LLC

    (419) 871-5926

    93 Total Sales

    12 in Lorain

    $65K - $300K Price Range

    Angie Barnicle-Masterson
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  • Stephanie Beeson Real Estate Agent - Berkshire Hathaway HomeServices Stouffer Realty

    Stephanie Beeson

    Berkshire Hathaway HomeServices Stouffer Realty

    (234) 271-4156

    207 Total Sales

    1 in Lorain

    $96,500 Price

    Stephanie Beeson
     Section Image
  • Gabe Mercado Real Estate Agent - Real of Ohio

    Gabe Mercado

    Real of Ohio

    (216) 859-1490

    47 Total Sales

    2 in Lorain

    $25K - $150K Price Range

    Gabe Mercado
     Section Image
  • Quinn Johnston Real Estate Agent - LoFaso Real Estate Services

    Quinn Johnston

    LoFaso Real Estate Services

    (234) 278-1409

    140 Total Sales

    2 in Lorain

    $145K - $193K Price Range

    Quinn Johnston
     Section Image
  • Sheila Zullo Real Estate Agent - HomeSmart Real Estate Momentum LLC

    Sheila Zullo

    HomeSmart Real Estate Momentum LLC

    (440) 635-3524

    92 Total Sales

    1 in Lorain

    $28,500 Price

    Sheila Zullo
     Section Image
  • Cielo McClain Real Estate Agent - Keller Williams Citywide

    Cielo McClain

    Keller Williams Citywide

    (440) 581-1404

    33 Total Sales

    2 in Lorain

    $215K - $220K Price Range

    Cielo McClain
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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
-- Craig Mark F
Moran Brian J -- Costanzo & Lazzaro Pll
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 $83,625
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
07/13/2022 07/13/22 Sold $111,500 -3.0% $65 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $114,900 -- $66 / 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 $1,505 $35,620 $4,365 $31,255
2023 $1,496 $28,322 $2,744 $25,578
2022 $1,483 $28,322 $2,744 $25,578
2021 $1,483 $28,322 $2,744 $25,578
2020 $1,417 $23,490 $2,280 $21,210
2019 $1,409 $23,490 $2,280 $21,210
2018 $1,409 $23,490 $2,280 $21,210
2017 $1,256 $19,750 $3,480 $16,270
Source: Public Records

Agents Affiliated with this Home

  • Andrea Neal Real Estate Agent - Russell Real Estate Services

    Seller's Agent in 2022

    Andrea Neal

    Russell Real Estate Services

    (440) 315-0686

    201 Total Sales

    Andrea Neal
    Section Image
  • Brian Moran Real Estate Agent - Coldwell Banker Schmidt Realty

    Buyer's Agent in 2022

    Brian Moran

    Coldwell Banker Schmidt Realty

    (440) 588-3554

    60 Total Sales

    Brian Moran
    Section Image
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Map

Source: MLS Now

MLS Number: 4380624

MLS Now

APN: 03-00-050-112-022

Ohio Lorain County Lorain 44052

1406 Massachusetts Ave, Lorain, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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