NOT LISTED FOR SALE

1501 Shaffer Dr Lorain, OH 44053

Estimated Value: $211,963

6 Beds
2 Baths
2,505 Sq Ft
$85/Sq Ft Est. Value

Sale Details

Date Sold: November 10, 2020

Last sale price $115,000 $46 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,392 / mo

626 Days on Market

About This Home

As of November 2020

Fully rented, well cared for three bedroom duplex on South side of Lorain. Tenants pay all utilities except water. Great addition to your investment portfolio. Both units have one garage space. Large backyard. Low vacancy rates. Call today to tour this money maker!

Last Agent to Sell the Property

Marc Gagne

Century 21 Homestar License #2012002749 Listed on: 01/14/2019

Century 21 Homestar

Last Buyer's Agent

Danielle Hughes

Elite Class Realty LLC License #2022004890

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 1974

Lot Details

  • 9,583

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System

Additional Features

  • 2-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units
  • Ashwood Acres Sub #1 Community

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for water
  • Assessor Parcel Number 02-02-005-113-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,093

Year Built

Built in 1974

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1974
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1974

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Ashwood Acres Sub #1

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2200
  • Parcel Number: 02-02-005-113-006

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric

Multi Family

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

Tax Info

  • Tax: 2093
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $115,000 -4.2% $46 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
06/28/2019 06/28/19 Price Changed $120,000 -4.0% $48 / Sq Ft
01/14/2019 01/14/19 For Sale $125,000 -- $50 / Sq Ft
Source: MLS Now

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 $2,913 $68,950 $8,617 $60,333
2023 $2,336 $44,212 $10,672 $33,541
2022 $2,316 $44,212 $10,672 $33,541
2021 $2,316 $44,212 $10,672 $33,541
2020 $2,269 $37,630 $9,080 $28,550
2019 $2,257 $37,630 $9,080 $28,550
2018 $2,258 $37,630 $9,080 $28,550
2017 $2,093 $32,890 $8,910 $23,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4063322

MLS Now

APN: 02-02-005-113-006

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