Seller's Agent in 2024
Majdey Taye
RE/MAX Transitions
(440) 454-2456
36 in this area
238 Total Sales
1426 Reid Ave Lorain, OH 44052
Estimated Value: $57,000 - $71,389
2
Beds
1
Bath
1,584
Sq Ft
$39/Sq Ft
Est. Value
Highlights
- City View
- Covered Patio or Porch
- Cooling System Mounted To A Wall/Window
- No HOA
- 2 Car Direct Access Garage
- Forced Air Heating System
About This Home
As of September 2024Step into the realm of possibility with this charming 2-bedroom, 1-bathroom abode nestled in the vibrant heart of Lorain! Boasting 980 square feet of potential, this home is not just a property; it's a canvas waiting for your creative brushstrokes. Whether you're an avid investor seeking a lucrative flipping opportunity or a discerning homeowner envisioning your forever sanctuary, this residence offers boundless possibilities.
Imagine the thrill of transforming each room into a reflection of your unique style and personality. From the cozy living spaces to the inviting bedrooms, every corner presents an opportunity to craft the perfect ambiance for relaxation and rejuvenation. With a little imagination and effort, this humble dwelling can be elevated into a haven that resonates with warmth and charm.
Beyond its physical dimensions, consider the limitless potential for growth and prosperity that this property embodies. As you contemplate the future, envision the satisfaction of reaping the rewards of your investment, whether through resale value appreciation or the fulfillment of creating a home tailored to your exact specifications.
But perhaps the most enticing aspect of this opportunity lies in the adventure that awaits. Embark on a journey of discovery and transformation as you breathe new life into this space. Each decision, each renovation, is a step closer to realizing your vision and unlocking the full potential of this diamond in the rough.
So, why wait? Seize the opportunity to make your mark on this blank canvas and embark on your next great adventure in homeownership. The possibilities are as vast as your imagination, and the rewards are limited only by your determination and dedication. Don't just dream of what could be—make it a reality with this remarkable home in the heart of Lorain. New Water Heater and Furnace installed.
Last Agent to Sell the Property
RE/MAX Transitions Brokerage Email: majdey.taye@cbschmidtohio.com 440-454-2456 License #2024005848 Listed on: 05/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $802
Year Built
- Built in 1920
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 51 x 50
- Chain Link Fence
- Level Lot
- Back Yard
Parking
- 2 Car Direct Access Garage
- Driveway
Home Design
- Combination Foundation
- Block Foundation
- Frame Construction
- Fiberglass Roof
- Asphalt Roof
- Block Exterior
Interior Spaces
- 1-Story Property
- City Views
- Unfinished Basement
- Partial Basement
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Covered Patio or Porch
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Selah Chamberlain Allotment Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 02-01-003-136-027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2024
Closed on
Sep 17, 2024
Sold by
Rivera Judith
Bought by
Lopez Samuel
Seller's Agent
Majdey Taye
RE/MAX Transitions
Buyer's Agent
Ralph Mercado
Russell Real Estate Services
List Price
$99,900
Sold Price
$55,000
Premium/Discount to List
-$44,900
-44.94%
Views
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,179
Avg. Annual Appreciation
11.94%
Purchase Details
Closed on
Jul 28, 2006
Sold by
Montanez Nicholas
Bought by
Montanez Nicholas and Rivera Judith
Purchase Details
Closed on
Feb 5, 2001
Sold by
Estate Of Bazilia Montanez
Bought by
Montanez Nicholas
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Samuel | $55,000 | Chicago Title | |
| Montanez Nicholas | -- | None Available | |
| Montanez Nicholas | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2024 09/17/24 | Sold | $55,000 | 0.0% | $35 / Sq Ft |
| 07/26/2024 07/26/24 | Pending | -- | -- | -- |
| 07/11/2024 07/11/24 | Price Changed | $55,000 | -15.4% | $35 / Sq Ft |
| 06/30/2024 06/30/24 | Price Changed | $65,000 | -18.6% | $41 / Sq Ft |
| 06/24/2024 06/24/24 | Price Changed | $79,900 | -6.0% | $50 / Sq Ft |
| 06/10/2024 06/10/24 | Price Changed | $85,000 | -10.5% | $54 / Sq Ft |
| 05/21/2024 05/21/24 | Price Changed | $95,000 | -4.9% | $60 / Sq Ft |
| 05/13/2024 05/13/24 | For Sale | $99,900 | -- | $63 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
Tax History
| 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 | $833 | $20,213 | $1,099 | $19,114 |
| 2023 | $802 | $15,568 | $970 | $14,599 |
| 2022 | $795 | $15,568 | $970 | $14,599 |
| 2021 | $795 | $15,568 | $970 | $14,599 |
| 2020 | $864 | $14,700 | $860 | $13,840 |
| 2019 | $859 | $14,700 | $860 | $13,840 |
| 2018 | $861 | $14,700 | $860 | $13,840 |
| 2017 | $862 | $13,900 | $960 | $12,940 |
| 2016 | $855 | $13,900 | $960 | $12,940 |
| 2015 | $806 | $13,900 | $960 | $12,940 |
| 2014 | $782 | $12,870 | $890 | $11,980 |
| 2013 | $739 | $12,870 | $890 | $11,980 |
Source: Public Records
Agents Affiliated with this Home
-
Majdey Taye
-
Ralph Mercado
Buyer's Agent in 2024
Ralph Mercado
Russell Real Estate Services
(440) 340-1804
96 in this area
156 Total Sales
Map
Source: MLS Now
MLS Number: 5026501
APN: 02-01-003-136-027
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.
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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