NOT LISTED FOR SALE

1816 Leavitt Rd Lorain, OH 44052

Lorain Area
7 Beds
4 Baths
2,689 Sq Ft
8,799 Sq Ft Lot

Sale Details

Date Sold: March 25, 2015

Last sale price $74,500 $28 Per Sq Ft

95 Days on Market

Highlights

  • Baseboard Heating
  • East Facing Home
  • 1-Story Property

About This Home

As of March 2015

Sit back and collect your rent; Landlords! Solid brick 4-plex on Lorain's west side. Great investment!! One unit has been completely rehabbed, all units have new flooring, windows, and security doors. The building has a new roof!! Coin operated laundry included, with 40% profits in your pocket!! Maintenance man on site pays 430.00/month, the rest pay 450.00/month and the one bedroom is rented for 375.00. What are you waiting for?? The price is right!!

Last Agent to Sell the Property

Nikki Harsa

Russell Real Estate Services License #2005014597 Listed on: 10/09/2014

Russell Real Estate Services

Co-Listed By

Emily Rivera-Jackson

Deleted Agent License #437483

Deleted Agent

Last Buyer's Agent

Emily Rivera-Jackson

Deleted Agent License #437483

Deleted Agent
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,799 Sq Ft Lot
  • East Facing Home

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,689 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • 4 Units
  • Lakeview Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 02-02-023-111-050

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

8,799 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: East
  • Price Per Square Foot: 27.71
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2689
  • Year Built: 1968
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1968

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Living Area Sq Ft: 2689
  • Estimated Total Living Area: 2689
  • Estimated Sq Ft: 2689

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Utilities

  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Lakeview

Schools

  • School District: Lorain CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2020
  • Parcel Number: 02-02-023-111-050

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Heating

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2476

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
Oct 9, 2014
Closed on
Mar 19, 2015
Sold by
Bought by
Seller's Agent
Nikki Harsa
Russell Real Estate Services
Buyer's Agent
Emily Rivera-Jackson
Deleted Agent
List Price
$87,000
Sold Price
$74,500
Premium/Discount to List
-$12,500
-14.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,875
Outstanding Balance
$43,161
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2010
Sold by
Bought by

Purchase Details

Closed on
May 8, 2007
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
$147,250
Interest Rate
9.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1999
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
$92,000
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$74,500 Barristers Of Ohio
$78,000 None Available
$155,000 Multiple
$139,900 Guardian Title
$115,000 Lorain County Title Co Inc
$68,000 --
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 $55,875
Previous Owner $147,250
Previous Owner $180,000
Previous Owner $92,000
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
03/25/2015 03/25/15 Sold $74,500 -14.4% $28 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $87,000 -- $32 / 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 $2,987 $46,774 $7,392 $39,382
2023 $2,459 $31,304 $6,160 $25,144
2022 $2,435 $31,304 $6,160 $25,144
2021 $2,446 $31,304 $6,160 $25,144
2020 $2,513 $31,300 $6,160 $25,140
2019 $2,492 $31,300 $6,160 $25,140
2018 $2,446 $31,300 $6,160 $25,140
2017 $2,655 $30,720 $4,200 $26,520
2016 $2,622 $30,720 $4,200 $26,520
2015 $2,499 $30,720 $4,200 $26,520
2014 $2,471 $30,720 $4,200 $26,520
2013 $2,476 $30,720 $4,200 $26,520
Source: Public Records

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Map

Source: MLS Now

MLS Number: 3660022

MLS Now
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