Cindy Otonoga
Keller Williams Elevate
(440) 530-4995
51 Total Sales
1 in Lorain
$183,000 Price
1766 New Jersey Ave Lorain, OH 44052
Lorain AreaEstimated Value: $163,222
6
Beds
2
Baths
2,180
Sq Ft
$75/Sq Ft
Est. Value
About This Home
As of October 2023Spacious and affordable duplex in Lorain - excellent investment opportunity! This property offers 6 bedrooms and 2 bathrooms across 2,180 sq ft of living space. Each unit has its own kitchen, living room, dining room, and laundry area. The duplex was built in 1955, and has vinyl siding and forced air for each unit. The roof and all major mechanicals are in good condition. The lot size is 8,932 sq ft, providing plenty of outdoor space for gardening, entertaining, or relaxing. 1766 New Jersey Ave is conveniently located in the East Lorain neighborhood, close to schools, parks, shopping, and dining. It’s also a short drive to Lake Erie and downtown Lorain. The duplex has great rental potential per unit. Don’t miss this opportunity to own a great investment property in Lorain. Contact your agent today to schedule a showing! Call now before it’s gone!
Last Agent to Sell the Property
Real of Ohio License #2020005455 Listed on: 08/03/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices Professional Realty License #381026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,273
Year Built
- Built in 1955
Lot Details
- 8,930 Sq Ft Lot
Parking
- Driveway
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 2,180 Sq Ft Home
- 2-Story Property
- Fire and Smoke Detector
- Cooktop
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- 2 Units
- Cromwell Gardens Community
Listing and Financial Details
- Tenant pays for pays all
- Assessor Parcel Number 03-00-056-127-007
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
Aug 3, 2023
Closed on
Oct 16, 2023
Sold by
Bought by
Seller's Agent
Michael Jones
Real of Ohio
Buyer's Agent
Monica Arredondo-Graham
Berkshire Hathaway HomeServices Professional Realty
List Price
$125,000
Sold Price
$138,000
Premium/Discount to List
$13,000
10.4%
Views
65
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
$25,222
Avg. Annual Appreciation
6.20%
Original Mortgage
$110,400
Interest Rate
7.12%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 1, 2023
Sold by
Bought by
Purchase Details
Closed on
Jun 18, 2020
Sold by
Bought by
Purchase Details
Closed on
Aug 19, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,905
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lorain, OH
-
Cindy Otonoga
-
Tera Somogyi
Tera Somogyi
Keller Williams Living
(440) 616-7530
149 Total Sales
3 in Lorain
$141K - $360K Price Range
-
Ryan King
Ryan King
King Realty
(440) 581-1296
65 Total Sales
2 in Lorain
$75K - $154K Price Range
-
Chris Higgins
Chris Higgins
Responds QuicklyKeller Williams Citywide
(440) 597-3464
143 Total Sales
8 in Lorain
$140K - $640K Price Range
-
Cody Webb
Cody Webb
Russell Real Estate Services
(567) 743-7890
116 Total Sales
3 in Lorain
$113K - $169K Price Range
-
Angela Foster
Angela Foster
Classic Realty Group, Inc.
(216) 350-2776
116 Total Sales
4 in Lorain
$115K - $255K 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 |
|---|---|---|---|
| $138,000 | Stewart Title | ||
| -- | None Listed On Document | ||
| $42,000 | Chicago Title | ||
| $79,900 | Truetitle Agency Inc |
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 | $120,000 | ||
| Closed | $110,400 | ||
| Previous Owner | $81,900 | ||
| Previous Owner | $75,905 |
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 |
|---|---|---|---|---|
| 10/17/2023 10/17/23 | Sold | $138,000 | +10.4% | $63 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | For Sale | $125,000 | 0.0% | $57 / Sq Ft |
| 08/07/2023 08/07/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $125,000 | -- | $57 / Sq Ft |
Source: MLS Now
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 | $40,887 | $3,276 | $37,611 |
| 2023 | $1,285 | $24,322 | $3,647 | $20,675 |
| 2022 | $1,274 | $24,322 | $3,647 | $20,675 |
| 2021 | $1,274 | $24,322 | $3,647 | $20,675 |
| 2020 | $1,216 | $20,160 | $3,020 | $17,140 |
| 2019 | $1,209 | $20,160 | $3,020 | $17,140 |
| 2018 | $1,334 | $20,160 | $3,020 | $17,140 |
| 2017 | $1,458 | $22,910 | $3,240 | $19,670 |
| 2016 | $1,446 | $22,910 | $3,240 | $19,670 |
| 2015 | $1,366 | $22,910 | $3,240 | $19,670 |
| 2014 | $1,299 | $21,820 | $3,090 | $18,730 |
| 2013 | $1,289 | $21,820 | $3,090 | $18,730 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Jones
Seller's Agent in 2023
Michael Jones
Real of Ohio
(440) 714-5755
48 Total Sales
-
Monica Arredondo-Graham
Buyer's Agent in 2023
Monica Arredondo-Graham
Berkshire Hathaway HomeServices Professional Realty
(216) 695-8695
126 Total Sales
Map
Source: MLS Now
MLS Number: 4479945
APN: 03-00-056-127-007
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.
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.
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