Linda Armstrong
RE/MAX Quality Realty
(419) 871-5966
275 Total Sales
1 in Lorain
$185,000 Price
1607 W 23rd St Lorain, OH 44052
Lorain AreaEstimated Value: $152,000 - $186,739
6
Beds
2
Baths
1,944
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Window Unit Cooling System
- Forced Air Heating System
- Ceiling Fan
About This Home
As of June 2024Welcome to this fantastic opportunity to increase your monthly cash-flow with 1607-1609 W 23rd St in Lorain! This spacious 6-bedroom, 2 full-bath side-by-side duplex is ideally located within walking distance to Lorain High School, making it a prime choice for families or students. Currently, the property generates $1,550 in rent with tenants on a month-to-month lease, offering flexibility for new ownership. Key features include updated HVAC in unit #1 within the last 15 years and HVAC #2 within the past 10 years. Both HWT's are 10 years old or less. Roof 12 years old. With the LMHA currently offering up to $1,577 for 3-bedroom units, there's a potential to increase the monthly income to over $3,000! Whether you're looking to start your real estate investment journey or add to your existing portfolio, this well-maintained duplex presents a lucrative opportunity. Don't miss out on this gem; schedule your showing today!
Last Agent to Sell the Property
Howard Hanna Brokerage Email: heidihuffman@howardhanna.com 440-714-1353 License #2020000275 Listed on: 04/20/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,428
Year Built
- Built in 1969
Lot Details
- 6,098 Sq Ft Lot
Parking
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,944 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 02-02-016-104-005
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2024
Closed on
Jun 18, 2024
Sold by
Bought by
Seller's Agent
Heidi Huffman
Howard Hanna
Buyer's Agent
Mathew Chase
Keller Williams Greater Metropolitan
List Price
$159,000
Sold Price
$160,000
Premium/Discount to List
$1,000
0.63%
Views
36
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
$5,435
Avg. Annual Appreciation
1.57%
Original Mortgage
$157,102
Outstanding Balance
$153,850
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$11,585
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lorain, OH
-
Linda Armstrong
-
Heather Spangler
Heather Spangler
McDowell Homes Real Estate Services
(216) 238-3174
102 Total Sales
19 in Lorain
$32K - $300K Price Range
-
Ed Haynes
Ed Haynes
Berkshire Hathaway HomeServices Professional Realty
(419) 484-3140
117 Total Sales
1 in Lorain
$128,000 Price
-
Kyle Cutler
Kyle Cutler
EXP Realty, LLC.
(440) 732-4178
235 Total Sales
3 in Lorain
$85K - $327K Price Range
-
Kelly Mahoney
Kelly Mahoney
The Agency Cleveland Northcoast
(234) 815-1010
108 Total Sales
1 in Lorain
$60,000 Price
-
Kit Custer
Kit Custer
RE/MAX Transitions
(234) 233-7729
58 Total Sales
2 in Lorain
$64K - $119K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $160,000 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $157,102 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $160,000 | +0.6% | $82 / Sq Ft |
| 04/20/2024 04/20/24 | For Sale | $159,000 | -- | $82 / Sq Ft |
Source: MLS Now (Howard Hanna)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,728 | $40,884 | $6,836 | $34,048 |
| 2023 | $1,428 | $27,027 | $5,719 | $21,308 |
| 2022 | $1,398 | $27,027 | $5,719 | $21,308 |
| 2021 | $1,398 | $27,027 | $5,719 | $21,308 |
| 2020 | $1,291 | $21,690 | $4,590 | $17,100 |
| 2019 | $1,284 | $21,690 | $4,590 | $17,100 |
| 2018 | $1,285 | $21,690 | $4,590 | $17,100 |
| 2017 | $1,378 | $21,930 | $5,960 | $15,970 |
Source: Public Records
Agents Affiliated with this Home
-
Heidi Huffman
Seller's Agent in 2024
Heidi Huffman
Howard Hanna
(440) 714-1353
76 Total Sales
-
Mathew Chase
Buyer's Agent in 2024
Mathew Chase
Keller Williams Greater Metropolitan
(440) 452-2000
796 Total Sales
Map
Source: MLS Now (Howard Hanna)
MLS Number: 5032226
APN: 02-02-016-104-005
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.
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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