1908 Wallace Ln Lorain, OH 44053
Estimated payment $1,590/month
Highlights
- 1.46 Acre Lot
- No HOA
- Recessed Lighting
- Deck
- Front Porch
- Ceiling Fan
About This Home
Welcome to this charming and well-maintained 3-bedroom, 2 full bathroom home situated on a rare 1.46-acre lot in desirable Lorain! A welcoming entryway leads into the spacious living room featuring a cozy wood-burning fireplace and newer luxury vinyl plank flooring installed in 2025, with hardwood flooring preserved underneath. Just off the living room, the generously sized dining room offers the perfect space for family gatherings and entertaining, also featuring newer LVP flooring with hardwood beneath. The efficiently designed kitchen was updated in 2019 and includes all appliances, newer LVP flooring, and plenty of functionality for everyday living. The first-floor bedroom showcases beautiful hardwood flooring, while the additional two bedrooms are currently carpeted with hardwood flooring underneath that can easily be uncovered. The recently renovated upstairs full bathroom (2020) features a stylish double vanity. Downstairs, the finished rec room provides additional living and entertaining space along with a newly added full bathroom (2020), making the lower level both comfortable and versatile. This home has seen numerous updates including all new windows (2017), updated doors, new ceiling fans throughout (2018), recessed lighting installed in the living room (2018), shed built in 2025, new exterior paint (2025), and new flooring (2025). The cedar siding adds timeless character, while the basement back wall was professionally waterproofed in 2019 with an exterior sump pump added for peace of mind. Located close to Lake Erie, parks, Mercy Health Hospital, highways, and the popular Rockin’ on the River events, this property offers convenience while still being tucked away on a surprisingly quiet and peaceful street. Enjoy the best of both worlds - nearby entertainment and amenities with the comfort of a low-traffic, serene setting. Don’t miss your opportunity to own this move-in ready home with acreage in Lorain!
Listing Agent
Russell Real Estate Services Brokerage Email: ElizabethZuntRealtor@gmail.com, 440-213-3645 License #2018002788 Listed on: 05/29/2026
Co-Listing Agent
Russell Real Estate Services Brokerage Email: ElizabethZuntRealtor@gmail.com, 440-213-3645 License #2015001882
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,839
Year Built
- Built in 1956
Lot Details
- 1.46 Acre Lot
- Lot Dimensions are 100 x 634
Parking
- 2 Car Garage
Home Design
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Wood Siding
- Cedar Siding
- Cedar
Interior Spaces
- 1,602 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
Outdoor Features
- Deck
- Front Porch
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
Community Details
- No Home Owners Association
- Wallace Sub #1 Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 02-02-022-102-014
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,060 | $74,169 | $31,924 | $42,245 |
| 2023 | $2,348 | $45,591 | $19,761 | $25,830 |
| 2022 | $2,327 | $45,591 | $19,761 | $25,830 |
| 2021 | $2,327 | $45,591 | $19,761 | $25,830 |
| 2020 | $2,537 | $43,180 | $18,720 | $24,460 |
| 2019 | $2,523 | $43,180 | $18,720 | $24,460 |
| 2018 | $2,561 | $43,180 | $18,720 | $24,460 |
| 2017 | $2,598 | $41,890 | $17,820 | $24,070 |
| 2016 | $2,038 | $41,890 | $17,820 | $24,070 |
| 2015 | $1,923 | $41,890 | $17,820 | $24,070 |
| 2014 | $1,918 | $41,890 | $17,820 | $24,070 |
| 2013 | $1,904 | $41,890 | $17,820 | $24,070 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2026 05/29/26 | For Sale | $250,000 | +97.0% | $156 / Sq Ft | |
| 09/06/2016 09/06/16 | Sold | $126,900 | 0.0% | $79 / Sq Ft | View Prior Sale |
| 08/03/2016 08/03/16 | Pending | -- | -- | -- | |
| 08/01/2016 08/01/16 | For Sale | $126,900 | -- | $79 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,150 | -- | |
| Interfamily Deed Transfer | -- | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $124,601 | FHA |
Source: MLS Now
MLS Number: 5213958
APN: 02-02-022-102-014
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