$102,500
SOLD DEC 21, 2020

1502 Long Ave Lorain, OH 44052

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

Recently Sold

$59 Per Sq Ft

2% Below List Price

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 Agent to Sell the Property

Jacqueline Jakacki

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

RE/MAX Above & Beyond

Co-Listed By

Joshua Anton

The Agency Cleveland Northcoast License #2019005754

Last Buyer's Agent

Jeremy Piper

Keller Williams Elevate License #2017001816

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 1900

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

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Range of Values:

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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 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

    53 in this area

    299 Total Sales

    Section Image
  • Joshua Anton

    Seller Co-Listing Agent in 2020

    Joshua Anton

    The Agency Cleveland Northcoast

    (216) 469-1456

    4 in this area

    161 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jeremy Piper

    Keller Williams Elevate

    (440) 915-3322

    2 in this area

    6 Total Sales

    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

    22 in this area

    48 Total Sales

    Section Image

  • G

    Buyer's Agent in 2016

    Glorivania Maldonado

    Russell Real Estate Services

    (440) 396-9443

    14 in this area

    17 Total Sales

    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

This home is located at 1502 Long Ave, Lorain, OH 44052 and is currently priced at $102,500, approximately $58 per square foot. 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.

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