$38,000
SOLD SEP 1, 2016

1502 Long Ave Lorain, OH 44052

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

Recently Sold

$22 Per Sq Ft

24% Below List Price

320 Days on Market

About This Home

As of December 2020

Two doubles on one lot. 1508 is Cedar sided with all new windows. Some newer carpeting. It has a boiler so Owner pays the gas. !502 the tenant pays the gas and electric. Owner pays water and trash for both. Owner nets approximately $8,000 to $10,000 per year. Approximate expenses are $4,750 per year.
Both buildings are very well kept.

Last Agent to Sell the Property

Melanie Caruso

Deleted Agent License #669409 Listed on: 08/06/2015

Co-Listed By

Patrick Judge

Russell Real Estate Services License #2015001055

Last Buyer's Agent

Glorivania Maldonado

Russell Real Estate Services License #2013004263

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • East Facing Home

Home Design

  • Asphalt Roof
  • Cedar
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Radiant Heating System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: East
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1900
  • 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: Full

Exterior Features

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

Utilities

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

Schools

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

Lot Info

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

Rental Info

  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 4
  • Gross Income: 17400.00
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1402

Range of Values:

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Average Value
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List Price
Sold Price
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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

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Map

Source: MLS Now

MLS Number: 3736971

MLS Now

APN: 02-01-006-130-048