NOT LISTED FOR SALE

1502 Long Ave Lorain, OH 44052

8 Beds
4 Baths
1,744 Sq Ft
6,970 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $102,500 $59 Per Sq Ft

71 Days on Market

About This Home

As of December 2020

Welcome To 1502-1508 Long Avenue! Excellent Investment Opportunity Awaits!!! FOUR Units In the Revitalized Lorain Area! This Property Has TWO Multi-Family Units On One Lot (With One Parcel Number). Each Units Features Two Bedrooms and One Full Bath. Laundry Hook-Ups Are Located In the Basement. The Electric Is Updated Throughout Both Properties. One Unit Has Boiler Heat and One Unit Has Gas Furnace. There Is Ample Off Street Parking. Completely Fully Rented With Long Term Tenants. $25,200 Annually Gross. Annual Expenses Are $6500 Estimated. Call Today To Find Out More!!

Last Listed By

Jacqueline Jakacki

RE/MAX Above & Beyond License #2015002772 Listed on: 07/23/2020

RE/MAX Above & Beyond

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1900

Lot Details

  • 6,970

Home Design

  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 6,970 Sq Ft Lot
  • Unfinished Basement

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 02-01-006-130-048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,700

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Unfinished

Exterior Features

  • Exterior: Cedar, Vinyl
  • Roof: Asphalt/Fiberglass

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Lorain CSD
  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1600
  • Parcel Number: 02-01-006-130-048

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Gas, Heating

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1700

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $102,500 0.0% $59 / Sq Ft
10/02/2020 10/02/20 Off Market $102,500 -- --
10/02/2020 10/02/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $105,000 0.0% $60 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $105,000 +176.3% $60 / Sq Ft
09/01/2016 09/01/16 Sold $38,000 -23.8% $22 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
08/06/2015 08/06/15 For Sale $49,900 -- $29 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Jakacki

    Seller's Agent in 2020

    Jacqueline Jakacki

    RE/MAX

    (216) 375-1158

    310 Total Sales

    Jacqueline Jakacki
    Section Image
  • Joshua Anton

    Seller Co-Listing Agent in 2020

    Joshua Anton

    The Agency Cleveland Northcoast

    (216) 469-1456

    165 Total Sales

    Joshua Anton
    Section Image

  • J

    Buyer's Agent in 2020

    Jeremy Piper

    Keller Williams Elevate

    (440) 915-3322

    7 Total Sales

    Jeremy Piper
    Section Image

  • M

    Seller's Agent in 2016

    Melanie Caruso

    Deleted Agent

  • Patrick Judge

    Seller Co-Listing Agent in 2016

    Patrick Judge

    Russell Real Estate Services

    (440) 282-4444

    47 Total Sales

    Patrick Judge
    Section Image

  • G

    Buyer's Agent in 2016

    Glorivania Maldonado

    Russell Real Estate Services

    (440) 396-9443

    17 Total Sales

    Glorivania Maldonado
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4208771

MLS Now

APN: 02-01-006-130-048

Ohio Lorain County Lorain 44052

1502 Long Ave, Lorain, OH

Homes for Sale in Lorain, OH

This home is located at 1502 Long Ave, Lorain, OH 44052 since 23 July 2020. This property was built in 1900. 1502 Long Ave is a home located in Lorain County with nearby schools including Hawthorne Elementary School, Longfellow Middle School, and Lorain High School.

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.

Nearby Homes